FTSE 100 movers: Supermarkets drag index lower despite buoyancy of miners
30th Dec 2013 15:11
With many traders still on their holidays until after the New Year, both trading and company news have been light. Supermarkets have dragged the FTSE down today, with Sainsbury and Morrison weighing particularly heavily, on the back of competition fears. According to Alex Conroy at Spreadex, the
Read moreThursday broker round-up UPDATE
28th Nov 2013 08:23
Anglo American: Liberum Capital upgrades to hold with a target price of 1150p. Associated British Foods: Jefferies increases target price from 1750p to 2400p, while staying with its hold recommendation. Beazley: Canaccord Genuity ups target price from 260p to 270p leaving its buy recommendation un
Read moreWednesday broker round-up
13th Nov 2013 12:33
AMEC: Credit Suisse downgrades from outperform to neutral with a target price of 1250p. Antofagasta: Alphavalue lowers target price from 1000.6p to 999.5p, while upgrading from add to buy. Associated British Foods: Credit Suisse raises target price from 1850p to 2250p and keeps a neutral rating.
Read moreMonday broker round-up UPDATE
11th Nov 2013 08:50
Associated British Foods: Barclays downgrades to equal-weight with a target price of 2100p. Bovis Homes Group: Deutsche Bank moves target price from 1001p to 1008p maintaining a buy recommendation. British Land: Deutsche Bank downgrades to sell with a target price of 520p. British Sky Broadcastin
Read moreFriday broker round-up UPDATE
8th Nov 2013 09:21
Abcam: Canaccord Genuity moves target price from 396p to 386p and keeps a sell recommendation. N+1 Singer shifts target price from 450p to 445p downgrading to sell. Aberdeen Asset Management: Jefferies lowers target price from 440p to 430p and reiterates a hold recommendation. Anglo American: Gold
Read moreLondon close: FTSE 100 ends flat as investors turn cautious
6th Nov 2013 16:46
- Investors cautious ahead of busy end to the week - UK industrial production beats forecasts - Experian drops after acquisition, H1 report - Moneysupermarket rockets on bullish outlook techMARK 2,653.56 +0.23% FTSE 100 6,741.69 -0.08% FTSE 250 15,403.83 +0.24% UK markets ended broadly flat on Wed
Read moreFCA tightens listing rules to give minority shareholders more power
6th Nov 2013 15:26
Minority shareholders in large companies are to be given more powers as the City regulator tightens listing rules in London. In a move which it hopes will "protect" small investors, the Financial Conduct Authority (FCA) has strengthened its listing rules to give shareholders "additional voting righ
Read moreFTSE 100 movers: Associated British Foods boosted by UBS
6th Nov 2013 14:37
Associated British Foods was the top performer on Wednesday in the aftermath of its full-year results, with UBS providing a lift after upping its target price for the stock from 2,030p to 2,430p. The bank reiterated its 'buy' rating for the shares. Annual figures from the company were in line with
Read moreBroker tips: AB Foods, Experian, Moneysupermarket
6th Nov 2013 11:32
Associated British Foods was performing well on Wednesday in the aftermath of its full-year results, with UBS providing a lift after upping its target price for the stock from 2,030p to 2,430p following an 'outstanding performance from Primark'. UBS, which kept its 'buy' rating for the stock, said
Read moreLondon midday: Stocks edge higher as UK industrial output improves
6th Nov 2013 11:24
- Investors cautious ahead of busy end to the week - UK industrial production beats forecasts - Experian drops after acquisition, H1 report - Moneysupermarket rockets on bullish outlook techMARK 2,653.06 +0.21% FTSE 100 6,751.32 +0.07% FTSE 250 15,421.84 +0.35% Stocks were registering small gains
Read moreBroker snap: UBS ups target for AB Foods on Primark potential
6th Nov 2013 11:22
Associated British Foods was performing well on Wednesday in the aftermath of its full-year results, with UBS providing a lift after upping its target price for the stock from 2,030p to 2,430p. The bank reiterated its 'buy' rating for the shares. Annual figures from the company were in line with e
Read moreWednesday broker round-up
6th Nov 2013 08:48
Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm
Read moreLondon close: Financials lead markets lower as RSA sinks
5th Nov 2013 16:22
- UK services growth accelerated in October - European Commission downgrades Eurozone growth - RSA leads financials lower after gloomy update techMARK 2,647.46 -0.14% FTSE 100 6,746.84 -0.25% FTSE 250 15,367.61 -0.65% UK markets finished slightly lower on Tuesday as upbeat domestic economic data w
Read moreFTSE 100 movers: M&S cheers despite falling profits
5th Nov 2013 15:07
Marks & Spencer saw underlying pre-tax profit fall 8.9 per cent to 261.6m pounds in the first half of the year, but since this was not as bad as many analysts were expecting, the stock registed strong gains. The retailer has been investing heavily in the business, incurring extra costs during the
Read moreLondon midday: RSA, financials drag markets lower
5th Nov 2013 11:37
- RSA, G4S, banks lead losses - M&S, Imperial, miners provide some support to markets - UK services growth accelerated in October techMARK 2,636.31 -0.57% FTSE 100 6,723.10 -0.60% FTSE 250 15,367.18 -0.65% A gloomy update from insurance firm RSA and heavy falls across the wider financial sector we
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