FTSE 100 movers: Miners gain, Barclays leads banks higher
10th Feb 2014 12:43
Mining stocks were among the best performers on the FTSE 100 on Monday with precious metal producers Fresnillo and Randgold rising strongly as gold and silver prices advanced. Barclays was making gains despite claims that confidential details of clients had been stolen and sold. Investors were also
Read moreBroker tips: Admiral, G4S, Vodafone, Hyder Consulting
10th Feb 2014 12:05
Goldman Sachs has downgraded its rating for Admiral from 'buy' to 'neutral' ahead of the car insurance group's annual results next month after the stock's recent outperformance. The bank said that Admiral's share price suffered excessively from negative sentiment in the third quarter of 2013. "Sinc
Read moreLondon midday: Barclays gains, Centrica falls as markets hold steady
10th Feb 2014 11:37
- Markets pause at two-week high - Central bankers in focus ahead of speeches - Barclays gains despite data leak, profit guidance - Energy Secretary concerns with energy profit margins techMARK 2,792.81 +0.09% FTSE 100 6,567.75 -0.06% FTSE 250 15,877.62 +0.08% UK markets more or less unchanged by
Read moreBroker snap: Goldman downgrades Admiral after recent outperformance
10th Feb 2014 09:13
Goldman Sachs has downgraded its rating for Admiral from 'buy' to 'neutral' ahead of the car insurance group's annual results next month after the stock's recent outperformance. The bank said that Admiral's share price suffered excessively from negative sentiment in the third quarter of 2013 on the
Read moreLondon open: Markets at two-week high as stocks edge up
10th Feb 2014 08:25
- FTSE 100 at highest since January 24th - Markets look ahead to speeches from central banker - Centrica feeling the heat after Energy Secretary claims techMARK 2,795.99 +0.20% FTSE 100 6,579.86 +0.12% FTSE 250 15,890.35 +0.16% UK stocks opened higher on Monday morning with the FTSE 100 trading at
Read moreMonday broker round-up UPDATE
10th Feb 2014 08:13
Admiral Group: Goldman Sachs downgrades from buy to neutral with a target price of 1440p. APR Energy: Jefferies lowers target price from 1260p to 1250p keeping a buy recommendation. Dialight: N+1 Singer reduces target price from 1227p to 1022p, while leaving its buy recommendation unchanged. Ferr
Read moreFTSE 100 movers: Aberdeen dives after rating downgrade
24th Jan 2014 14:31
Fund manager Aberdeen fell sharply in today's session after receiving a ratings downgrade by Morgan Stanley to 'underweight'. The bank said that a deteriorating fund performance compounds challenging emerging-market fundamentals, 'increasing the risk of negative revisions and a further multiple de-r
Read moreFTSE 100 movers: Pearson sinks on disappointing update
23rd Jan 2014 14:59
Publishing and education company Pearson was the day's biggest faller after admitting that its trading and financial performance for 2013 was 'weaker than expected', particularly in North America. The Financial Times owner also gave a cautious outlook for 2014, saying that trading conditions were 's
Read moreLondon close: Stocks finish flat amid rate-hike speculation
22nd Jan 2014 17:05
- FTSE 100 fails to break last year's intraday high - Rate hike speculation ramps up as UK unemployment falls - Sage gains after confident outlook - RBS drops after UBS downgrade to 'sell' techMARK 2,847.95 +0.05% FTSE 100 6,826.33 -0.12% FTSE 250 16,147.17 +0.02% The FTSE 100 finished more or les
Read moreFTSE 100 movers: Sage Group jumps after confident update
22nd Jan 2014 15:14
Software company Sage Group rose strongly after it said it is trading in line with expectations, with growth across all regions. The firm expects to meet a target for a 6% increase in revenue in 2015 following impressive results in the period from October 1st to date, according to a trading update
Read moreBroker tips: RBS, Admiral, BHP Billiton
22nd Jan 2014 11:42
Royal Bank of Scotland (RBS) was a heavy faller on the FTSE 100 on Wednesday morning after UBS lowered its recommendation for this stock from 'neutral' to 'sell' and cut its target price from 350p to 300p. The Swiss bank said that RBS's new strategy - with management now focused on business restruc
Read moreLondon midday: Stocks slip on rate speculation as UK unemployment declines
22nd Jan 2014 11:30
- Markets pull back sharply after UK data - Fall in unemployment sparks rate speculation - Sage rises after confident update - RBS hit by UBS downgrade to 'sell' techMARK 2,852.20 +0.20% FTSE 100 6,825.74 -0.12% FTSE 250 16,130.75 -0.08% UK markets had erased gains by Wednesday lunchtime as concer
Read moreBroker snap: Numis lifts Admiral to 'buy' on improving growth outlook
22nd Jan 2014 09:14
Numis Securities has upgraded its rating for Admiral, saying that it sees further upside for car insurance stocks as confidence in earnings, dividends and growth improves. Recent data from Confused.com showed that motor premiums were down by just 1.9% in the fourth quarter of 2013, the smallest qua
Read moreLondon open: Stocks gain ahead of UK data
22nd Jan 2014 08:48
- Markets at highest level since May 2013 - UK jobless data, MPC minutes in focus - Miners provide a lift but BHP subdued techMARK 2,859.42 +0.46% FTSE 100 6,856.45 +0.32% FTSE 250 16,203.07 +0.36% UK markets opened with moderate gains on Wednesday morning as the FTSE 100 continues to trade at its
Read moreWednesday broker round-up UPDATE
22nd Jan 2014 08:33
Admiral Group: Numis raises target price from 1425p to 1710p upgrading from add to buy. African Barrick Gold: Deutsche Bank moves target price from 180p to 190p and keeps a hold recommendation. RBC Capital takes target price from 220p to 250p and maintains an outperform rating. JP Morgan ups target
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