Terry Smith, one of the City’s most high-profile investment bankers, sells his entire £7.1 million stake of shares in stockbroker Collins Stewart... more
Market Round-up: Shares in the owner of London’s Tilbury docks Forth Ports surge after the ports-to-property group says it has spurned the advances of its suitor again... more
Market Round-up: Rumour that household goods giant Reckitt Benckiser has taken a shine to SSL sent the maker of Durex condoms and Scholl footcare's shares up 40p to 881½p... more
Market Round-up: FTSE 250-listed Babcock International agrees a takeover of rival VT Group but the City’s rumourmongers believe it could receive a bid itself... more
Terry Smith, chief executive of interdealer broker Tullett Prebon, is standing down as chairman of stockbroker and investment bank Collins Stewart... more
Shares in Britain’s two biggest package tour operators sink as investors worried that the pound’s woes could force some Brits to give up their week in the sun or on the slopes ... more
Credit Suisse tells investors that fears about the Chinese economy are overdone, as it persuades them that mining stocks have been sold off too heavily... more
After yesterday’s Cadbury excitement, a sluggish session on the stock market as most attempts to drum up business meet deaf ears - but one stock was making noise... more
A new lurch downwards in the value of the ailing dollar and news of better-than-expected GDP in Japan signalled another rush for commodities, such as metals and oil and gold ... more
Broking firm Collins Stewart swung back into the black in the first half of the year after losing more than £15 million last year and has started hiring senior staff again as its rivals struggle ... more
Top earners at City broker Collins Stewart have had their bonuses held back and the rest of the staff have been told “to wake up and get real” about their bonus expectations... more
The London stock market was shaping up for its sixth consecutive day of gains as one of the City's big-hitters turned bullish after being almost 18 months out in the cold... more
Stockbroking: City pugilist Terry Smith saw his second big deal in a fortnight fall apart as an unnamed bidder walked away from his £250 million broker and investment bank Collins Stewart... more
It is often said that the way to make money in investing is not to seek to milk every last drop of profit from the bull markets but to avoid horrendous losses in the downturns... more
The credit crunch is having a dire effect on smaller companies' plans to float or raise money on the Stock Exchange's Alternative Investment Market... more
Afternoon:
8°c
