London midday: Stocks pare losses as investors await US non-farm payrolls
7th Mar 2014 11:43
- Markets await non-farm payrolls - 150k gain expected by analysts, jobless rate to hold steady - Broker comments move stocks amid lack of earnings - Heavyweight miners fall techMARK 2,880.97 -0.22% FTSE 100 6,780.62 -0.12% FTSE 250 16,648.67 -0.14% UK markets had trimmed earlier losses by Friday
Read moreBroker tips: HSBC, Royal Mail, Aggreko, Aviva
7th Mar 2014 11:39
Goldman Sachs has removed HSBC from its 'conviction buy' list and reduced its profit forecasts following the bank's 2013 results last week. Goldman maintained a 'buy' recommendation for the stock, but lowered its target price to 740p from 900p. Analysts have cut their estimates for 2014 to 2017 on
Read moreAggreko beats forecasts but UBS cuts target on FX headwinds
7th Mar 2014 10:16
Temporary power and temperature control firm Aggreko was pulling back slightly on Friday after strong gains the day before as UBS lowered its price target for the stock on the back of currency movements following its 2013 results. The stock jumped 3.5% on Thursday after Aggreko said that profit bef
Read moreFriday broker round-up UPDATE
7th Mar 2014 09:39
AGA Rangemaster: N+1 Singer ups target price from 175p to 192p and maintains a buy recommendation. Aggreko: JP Morgan lowers target price from 1542p to 1536p and maintains a neutral rating. Goldman Sachs increases target price from 1876p to 1950p and keeps a buy recommendation. Numis upgrades to re
Read moreLondon open: Stocks slip as investors await US jobs data
7th Mar 2014 08:28
- Markets await non-farm payrolls - 150k gain expected by analysts, jobless rate to hold steady - Lack of corporate earnings - HSBC, Vodafone fall on broker comments techMARK 2,873.63 -0.48% FTSE 100 6,766.04 -0.33% FTSE 250 16,620.60 -0.31% UK markets opened slightly lower on Friday morning ahead
Read moreFriday tips round-up: Unite, Aggreko
7th Mar 2014 07:20
Student accomodation provider Unite is asking shareholders for another 100m pounds to back its expansion plans, including in Newcastle and Edinburgh. They deserve it, says The Daily Telegraph´s Questor team. To take into account, full year pre-tax profits actually rose last year if a one time gain
Read moreLondon close: Stocks glide higher amid multiple data and corporate releases
6th Mar 2014 16:59
- Focus on BoE and ECB decision - Aviva leads risers - US jobless numbers come in below consensus techMARK 2,887.46 -0.40% FTSE 100 6,788.49 +0.19% FTSE 250 16,671.75 +0.35% UK stocks ended the day on a positive note, as investors digested central bank decisions from the Bank of England (BoE) and
Read moreFTSE 100 movers: Aviva rises after 2013 results impress
6th Mar 2014 14:49
Shares in insurer Aviva soared after investors celebrated a better-than-expected set of 2013 results as its turnaround under Chief Executive Mark Wilson saw encouraging progress. Operating profits rose 6% year-on-year to £2,049m, some 3% ahead of the consensus estimate of £1,988m. Panmure Gordon w
Read moreLondon midday: Stocks pare gains ahead of ECB as BoE holds fire
6th Mar 2014 11:38
- BoE leaves rates on hold - ECB speculation ramps up ahead of decision - Crimea votes to join Russia, referendum set for 10 days - Aviva, Aggreko and Schroders jump after results techMARK 2,894.33 -0.17% FTSE 100 6,784.24 +0.13% FTSE 250 16,663.49 +0.30% UK stocks had trimmed earlier gains by Thu
Read moreLondon pre-open: Small gains expected ahead of ECB, BoE decisions
6th Mar 2014 07:14
- Modest rise expected at opening bell - Attention focused on ECB, BoE, Ukraine - Positive passenger numbers from easyJet UK stocks are set to edge higher early on ahead of announcements from both the European Central Bank (ECB) and Bank of England (BoE) regarding their latest policy decisions. C
Read moreAggreko to return 200m pounds in capital, profit slips
6th Mar 2014 07:07
- Announces 200m return of capital - Full-year profit falls 8 per cent - Expects trading profit in 2014 to be similar to last year FTSE 100 temporary power group Aggreko reported annual earnings in line with company expectations in what it described as a 'challenging year.' The generator hire spec
Read moreMonday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreLondon close: Flat finish for FTSE in data heavy session
28th Feb 2014 16:30
- FTSE closes flat, down 28 points on the week - Feb UK house prices climb - UK consumer confidence at six-year high - Eurozone's unemployment unchanged at 12 per cent techMARK 2,904.71 +0.09% FTSE 100 6,809.70 -0.01% FTSE 250 16,726.00 +1.23% UK stocks ended the final session of the week flat as
Read moreFTSE 100 movers: Old Mutual climbs on strong 2013 performance
28th Feb 2014 15:03
Financial services group Old Mutual climbed after revealing that its underlying activities had performed strongly in 2013. Old Mutual, which owns pension provider Skandia, unveiled adjusted operating profit of £1.6bn, similar to last year in reported currency but up 15% at constant currency. Mon
Read moreLondon midday: Euro and sterling spike higher after Eurozone CPI data
28th Feb 2014 11:48
- Eurozone CPI above forecasts - Euro and sterling spring higher - ECB policy move still expected by some techMARK 2,897.87 -0.15% FTSE 100 6,791.71 -0.27% FTSE 250 16,585.42 +0.38% Stocks are holding slightly in negative territory as investors digest a surprisingly solid reading on Eurozone consu
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