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The importance of having a first-class news feed has been underlined recently with company results and merger & aquisition reports stirring up world stocks:
- A resurgence in financial markets has recently seen the FTSE 100 hitting pre-crisis July heights and the Dow Jones breaking its own record-high above 14000, before pulling back to the 13600 level.
- In the UK, shares in brewer Scottish & Newcastle leapt 20% after news broke of a joint takeover attempt by Carlsberg and Heineken.
- Bid speculation sent shares in British sportswear giant Umbro soaring 27% – these rumours were later confirmed as Nike concluded a successful £285 million deal.
- US bank stocks have been shaken as the full extent of the sub-prime mortgage crisis emerges, exemplified by US giant Citibank's third-quarter profits hit.
Catch these stories as they break with our free Reuters news service. Whenever an instrument has a news story associated with it a Reuters icon will appear – just click for the latest story. Alternatively search all stories by instrument code – a full list is available within the Help section of PureDeal.
Take the PureDeal tour to discover more about our live Reuters news feed and other market-leading trading tools, and increase your chance of spread betting success.
Updated: 23/10/07
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