10th Nov 2014 15:34
RBS: Nomura reiterates reduce but lifts target price to 370p from 360p. IAG: Liberum reiterates buy, maintaining 550p target. Royal Dutch Shell: JP Morgan reiterates overweight stance but cuts target to 2,500p from 2,700p. Aveva: Westhouse Securities reiterates add and its target price of 1,780p.
Read more7th Nov 2014 17:11
Miners and oil stocks led the London market modestly higher on Friday as gold and oil prices jumped on a weaker dollar and German trade data improved. Silver miner Fresnillo gleamed 34.5p to 734p and Randgold Resources glittered 58p to 4132p as gold prices rose about 2% and a barrel of US crude boun
Read more7th Nov 2014 16:01
Mining stocks were performing well on Friday, leading the risers on the FTSE 100 as metal prices gained on upbeat US economic data. Fresnillo, BHP Billiton, Anglo American, Randgold and Rio Tinto were all in demand. Experian was continuing to advance after a well-received first-half report on Thursd
Read more7th Nov 2014 13:27
The non-life insurance sector was the worst performer on Friday in London after a disappointing update from Admiral and a broker downgrade for RSA Insurance. Admiral was trading 3.1% lower after saying that its price-comparison website Confused.com is expected to see a fall in profits in the second
Read more7th Nov 2014 11:43
UK stocks gained on Friday after Eurozone stimulus hopes and upbeat economic data pushed Wall Street indices to more record highs, but gains were pared slightly by lunchtime as investors waited for the all-important US jobs report. The FTSE 100 was up 0.5% at 6,587 by midday, having touched an intra
Read more7th Nov 2014 08:41
The UK stock market was trading at a one-month high on Friday following more record highs on Wall Street, boosted by upbeat US economic data and hopes for more monetary stimulus from the European Central Bank (ECB). However, investors will be keeping a close eye on the upcoming US jobs report on Fri
Read more7th Nov 2014 07:50
Confused.com owner Admiral blamed a competitive market for an expected fall in profits at the price comparison website in the second half versus the first six months of the year. Admiral said: "The UK price comparison market remains highly competitive and we expect Confused.com to deliver a lower re
Read more22nd Oct 2014 17:04
The London market closed in positive territory for the second time this week as traders weary of negative economic news took heart from upbeat corporate results. The FTSE 100 Index ended the session 27.4 points ahead at 6399.73 as drug group GlaxoSmithKline pleased investors with news of higher earn
Read more22nd Oct 2014 16:05
Drug giant Glaxosmithkline (GSK) rose after the pharmaceutical giant said core operating profit fell by just 6% to £1.89bn, compared with the £1.71bn forecast. Figures out from AA Insurance lifted shares in car insurers on Wednesday, with Direct Line and Admiral both parking themselves in the top 10
Read more22nd Oct 2014 15:52
British car insurers were the best of the lot in the London market after motoring group AA reported that Shoparound premiums - an aggregation of the five cheapest premiums available - rose by 1.2% in the latest quarter to reach £531. That was the first increase since early 2012, although they were s
Read more11th Sep 2014 11:55
Investec has recommended investors to "overweight banks" exposed to Scotland given its prediction of the 'no' campaign coming out on top in the Scottish referendum. "We reaffirm our call for those with a short-term (eight-day) investment horizon to overweight banks with actual or perceived exposure
Read more11th Sep 2014 10:08
The recent share-price weakness at Admiral has overlooked the positives at the insurance firm, according to Numis Securities which has upgraded its rating on the stock from 'add' to 'buy'. The broker said that the market has become "overwhelmingly bearish" on Admiral over the last two months, with t
Read more10th Sep 2014 15:18
B&Q and Brico Depot owner Kingfisher saw shares jump after replacing its chief executive as it reported flat profits due to currency volatility, although it said the buoyant UK housing market had lifted demand for DIY products. Housebuilder Barratt Developments was higher after it pledged to return
Read more10th Sep 2014 11:50
London's FTSE 100 had erased earlier losses and was trading in positive territory by Wednesday lunchtime, helped by decent gains from Kingfisher, Barratt Developments and precious metal stocks. However, upside was being limited by falls from Sports Direct and a host of blue chips that went ex-divide
Read more10th Sep 2014 08:34
UK equity markets declined on Wednesday morning with ex-dividend stocks providing a drag, along with poorly-received trading updates from the likes of Sports Direct and London Stock Exchange (LSE). The FTSE 100 was trading down 0.4% at 6,803 within the opening hour. London stocks were also tracking
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