London midday:Miners and banks lift index
13th Sep 2010 12:20
London's strong start to the day has continued with banks, miners and the odd sprinkling of bid talk giving buyers lots to bite on. Banks are among the top risers after a less stringent than feared Basle III decision by the European banking body. Royal Bank of Scotland and Lloyds are both in demand
Read moreMARKET TALK: UBS Decreases Anglo American Price Target
2nd Aug 2010 11:13
1013 GMT [Dow Jones] UBS decreases Anglo American (AAL.LN) target to 2840p from 2930p. Is disappointed by another capital increase and the delay at Minas Rio. Says while the delay was largely anticipated, the magnitude of the capital increase will likely come as a surprise. Says these relate to del
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
2nd Aug 2010 11:13
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1013 GMT [Dow Jones] UBS decreases Anglo American (AAL.LN) target to 2840p from 2930p. Is disappointed by another capital
Read moreMARKET TALK: Deutsche Bank Cuts Anglo American Price Target
2nd Aug 2010 10:34
0934 GMT [Dow Jones] Deutsche Bank cuts Anglo American (AAL.LN) price target to 3450p from 3520p following the company's 1H '10 results. Earnings are marginally ahead of expectations but essentially, this is a result of strong outperformance in iron ore. Operationally, Met coal, thermal coal, nickel
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
2nd Aug 2010 10:34
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0934 GMT [Dow Jones] Deutsche Bank cuts Anglo American (AAL.LN) price target to 3450p from 3520p following the company's 1H '
Read moreTongaat Hulett Remains Well Positioned To Benefit
2nd Aug 2010 09:25
LONDON (Dow Jones)--Tongaat Hulett Limited (THL.LN), a sugar, starch & glucose and aluminium company, announced Monday it remains well positioned to benefit from the favourable global fundamentals of increasing demand for agricultural products, food, renewable energy and land usage. MAIN FACTS:
Read moreHEARD ON THE STREET: Mood Swing At Anglo American
2nd Aug 2010 06:30
This story was originally published Friday By Matthew Curtin A DOW JONES COLUMN With a stretched balance sheet, dysfunctional management, and unsolicited takeover approach, Anglo American PLC (AAL.LN, AAUKY) was not a happy company a year ago. Today, the mood has changed completely. But
Read moreLondon close: Footsie left behind
30th Jul 2010 16:34
Footsie was the sick man of Europe at trading's close as it failed to sustain a recovery that followed a downward turn sparked by disappointing US economic data. US gross domestic product (GDP) data for the second quarter was disappointing. Inflation adjusted and seasonally adjusted gross domestic
Read moreHEARD ON THE STREET: Mood Swing At Anglo American
30th Jul 2010 15:39
By Matthew Curtin A DOW JONES COLUMN With a stretched balance sheet, dysfunctional management, and unsolicited takeover approach, Anglo American PLC (AAL.LN, AAUKY) was not a happy company a year ago. Today, the mood has changed completely. But reassuring as the resumption of its dividend an
Read moreUPDATE:Anglo American Minas Rio To Start Output Earliest In 13
30th Jul 2010 15:30
(Adds quotes and details) By Alex MacDonald Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Anglo American PLC (AAL.LN) is expected to start producing iron ore from its flagship Brazilian Minas Rio iron ore project in 2013 at the earliest, the company's chief executive said Friday. The Mi
Read moreLondon afternoon: Shares knocked by US GDP
30th Jul 2010 13:59
The Footsie hit new lows in the aftermath of disappointing US gross domestic product (GDP) data for the second quarter. Inflation adjusted and seasonally adjusted gross domestic product rose at an annualised rate of 2.4% in the second quarter, a significant slow-down from the 3.7% annualised gain in
Read moreUPDATE: Anglo American 1H Beats Views; Minas Rio Delayed
30th Jul 2010 13:09
(Adds details.) By Alex MacDonald Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Global diversified miner Anglo American PLC (AAUK) reinstated its dividend after announcing better-than-expected first half results, but said its flagship Minas Rio iron ore project in Brazil faces delays and ri
Read moreLondon midday: Stocks off the bottom
30th Jul 2010 12:12
Leading shares entered the lunch time trading session with a bit of momentum, with the FTSE index coming off its lowest levels of the day in the last half hour of the morning. Investors are turning to utilities after EDF sold its UK electricity grid operation to a consortium headed by Hong Kong bi
Read moreMARKET TALK: Anglo American 1H Results Neutral - Citi
30th Jul 2010 09:57
0857 GMT [Dow Jones] Anglo American's (AAL.LN) first half results "could have a neutral to positive impact on Anglo's share price, as a positive earnings surprise is offset by more bad news on Minas Rio," says Citigroup. Anglo reported rise in 1H 10 underlying earnings per share to $1.84, beating Ci
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
30th Jul 2010 09:57
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0857 GMT [Dow Jones] Anglo American's (AAL.LN) first half results "could have a neutral to positive impact on Anglo's share p
Read more