London close: FTSE ends week on positive note as insurers rise
4th Apr 2014 16:59
- US non-farm payrolls up 192,000 in March - UK car registrations rise to best level in a decade - Insurers recover after recent falls techMARK 2,770.41 -0.01% FTSE 100 6,695.55 +0.70% FTSE 250 16,433.67 +0.52% UK stocks ended the week on a buoyant note, although below the 6,700 level surpassed ea
Read moreFTSE 100 movers: Insurers lead upside after recent falls
4th Apr 2014 14:43
Insurance groups RSA, Resolution and Aviva all made decent gains, bucking the trend of recent times, hit by both the Budget statement and the Financial Conduct Authority's plans to review old insurance policies. Pearson was higher after Jefferies upgraded the publisher to 'buy' and raised its targ
Read moreLondon close: Miners ensure negative finish for FTSE
3rd Apr 2014 16:59
- Chinese stimulus comes in below expectations - ECB maintains interest rate - March UK services sector unexpectedly slows techMARK 2,770.71 -0.44% FTSE 100 6,649.14 -0.15% FTSE 250 16,349.06 -0.41% UK stocks settled modestly lower on Thursday as investors weighed up Chinese stimulus measures, det
Read moreSector movers: Miners drop as Chinese stimulus underwhelms, metals fall
3rd Apr 2014 15:24
Mining stocks were falling on Thursday afternoon after an underwhelming 'mini-stimulus' package from top metals consumer China designed to prevent an economic slowdown. The stimulus measures included a tax cut for small businesses and higher funding for more low-income housing and infrastructure.
Read moreFTSE 100 movers: Tullow Oil rises on rating upgrade
3rd Apr 2014 14:59
Tullow Oil shares were making decent gains after UBS upgraded the stock from 'neutral' to 'buy'. The bank said that the investment case for the shares has changed and the risk/reward balance is 'now skewed to the upside'. B&Q and Screwfix owner Kingfisher was higher after revealing that it is in ex
Read moreLondon open: Markets hold at three-week high
2nd Apr 2014 08:59
- Markets flat ahead of ECB, US data - Antofagasta operations unaffected by Chile quake - Domino's, ASOS impress with results techMARK 2,788.47 +0.16% FTSE 100 6,650.51 -0.03% FTSE 250 16,413.15 +0.03% UK stocks were flat at a three-week high on Wednesday morning as investors paused for breath ahe
Read moreAntofagasta unharmed by 8.2 magnitude quake in Chile
2nd Apr 2014 08:51
Antofagasta Minerals said its copper operations were unharmed by a strong earthquake in Chile on Tuesday. A 8.2 magnitude earthquake struck off the coast of northern Chile, causing five deaths and triggering a tsunami of two-metre waves. The quake was shallow at 20.1 km below the seabed and struc
Read moreWednesday broker round-up UPDATE
2nd Apr 2014 08:48
Aberdeen Asset Management: Canaccord Genuity reduces target price from 540p to 460p, while its buy recommendation is kept. Anglo American: JP Morgan ups target price from 1260p to 1300p, while leaving its underweight rating unchanged. Aviva: JP Morgan raises target price from 528p to 570p maintain
Read moreTuesday broker round-up UPDATE
1st Apr 2014 09:39
African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains
Read moreFTSE 100 movers: Babcock gains on nuclear contract
31st Mar 2014 14:00
Babcock International Group was the top riser on Monday after confirming the UK government has chosen the engineering company to manage the decommissioning of 12 nuclear sites. Rio Tinto and Anglo American gained after Credit Suisse named the companies as its top picks in the metals and mining sec
Read moreBroker tips: Miners, RSA, DMGT, Polymetal
31st Mar 2014 12:46
Credit Suisse has named Rio Tinto and Anglo American as its top picks in the metals and mining sector. Rio Tinto, rated 'outperform', remains the bank's preferred "FCF/value play" and its potential for shareholder returns is "larger and could be sooner than any of its peer group". Meanwhile, Anglo
Read moreLondon midday: Gains erased after Eurozone inflation data
31st Mar 2014 11:37
- Eurozone CPI surprises to the downside - Stocks erase gains but at three-week high - Babcock gains on nuclear contract - Anglo, Rio lead miners higher after Credit Suisse comments techMARK 2,764.82 +0.09% FTSE 100 6,621.96 +0.10% FTSE 250 16,225.36 +0.27% UK stocks had erased gains by Monday lun
Read moreCredit Suisse names Rio and Anglo as top mining picks
31st Mar 2014 10:47
Credit Suisse has named Rio Tinto and Anglo American as its top picks in the metals and mining sector. Following two quarters of upgrades, the bank said that earnings momentum across the sector has slowed sharply with most commodity prices now trading below consensus estimates for 2014. "While min
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreLondon open: Stocks at three-week high ahead of data-heavy week
31st Mar 2014 08:29
- Busy week for economic data - German retail sales rise, Eurozone CPI ahead - Insurance stocks rebound after heavy falls techMARK 2,778.57 +0.59% FTSE 100 6,657.68 +0.64% FTSE 250 16,276.97 +0.59% UK stocks were trading at a three-week high on Monday morning as investors began the week in a bulli
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