FTSE 100 movers: RSA slumps on earnings downgrade
13th Dec 2013 15:44
RSA Insurance fell sharply from the off after lowering its 2013 earnings forecast after identifying issues in its Irish business and experiencing adverse weather in Europe. At the same time the group announced the resignation of group Chief Executive Simon Lee with immediate effect. Temporary powe
Read moreFriday broker round-up UPDATE
13th Dec 2013 09:36
African Barrick Gold: JP Morgan lowers target price from 180p to 170p leaving its neutral rating unaltered. Aggreko: Numis reduces target price from 1400p to 1234p downgrading from reduce to sell. Anglo American: Deutsche Bank reduces target price from 1780p to 1500p and downgrades to hold. JP Mor
Read moreFTSE 100 movers: Sage Group biggest riser after annual results
4th Dec 2013 14:16
Sage Group topped the FTSE 100 on Wednesday despite reporting a drop in annual operating profits. "The fall in profit was due to a charge of £188.2m relating to non-core disposals, therefore without this exceptional charge, the firm actually recorded a pretax profit of £360.5m," Spreadex trader Lee
Read moreThursday broker round-up UPDATE
21st Nov 2013 09:14
Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C
Read moreBP Chairman's wife sells shares in wake of strong share price rise
4th Nov 2013 16:26
The wife of Carl-Henric Svanberg, who has been the Chairman of oil giant BP for almost four years, sold 750,495 pounds-worth of shares in the group on Friday. In an announcement issued at the start of this week, it was revealed the director's wife sold a total of 154,821 shares at 484.75p a piece,
Read moreMonday broker round-up UPDATE
4th Nov 2013 08:07
Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold. Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p. APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling. Astra Zeneca: UBS reduce
Read moreLondon midday: FTSE slumps into red
28th Oct 2013 11:31
- FTSE in red by midday, trading hindered by storm - InterContinental Hotels leads slump - Consumer credit on rise for first time since recession techMARK 2,639.74 +0.02% FTSE 100 6,716.11 -0.08% FTSE 250 15,421.16 -0.45% The FTSE was in the red by midday, largely ignoring expectations that the F
Read moreLondon open: FTSE gets week off to a flat start
28th Oct 2013 08:09
- FTSE inches higher, missing expectations of a strong start - Osborne to avoid 'good/bad' break-up of RBS - Aggreko to meet full-year expectations The FTSE 100 is trading flat early on as investors digest overnight gains in Asia, reports that Chancellor George Osborne will not go through with the
Read moreAggreko sees full year profits in line with expectations
28th Oct 2013 07:16
- Q3 revenues down six per cent - Underlying revenues slightly ahead of last year - See FY profits in line with expectations Temporary power group Aggreko said it expected full year profits to be in line with market expectations despite the absence of a one-off lift from the London Olympics. The
Read moreTuesday broker round-up UPDATE
22nd Oct 2013 08:02
Aggreko: JP Morgan reduces target price from 1800p to 1620p reiterating a neutral rating. Alexander Mining: Northland Capital shifts target price from 6p to 8.10p and keeps a buy recommendation. APR Energy: JP Morgan increases target price from 1075p to 1150p and maintains an overweight rating. B
Read moreFriday broker round-up UPDATE
18th Oct 2013 11:47
Aggreko: Jefferies reduces target price from 2000p to 1500p downgrading to hold. Andor Technology: Investec ups target price from 410p to 460p and maintains a buy recommendation. APR Energy: Jefferies ups target price from 1125p to 1300p and upgrades to buy. Bellway: UBS raises target price from
Read moreFTSE 100 movers: easyJet climbs on Citigroup comments
1st Oct 2013 15:10
Budget airline easyJet was a high riser today after analysts at Citigroup said they expect full-year profits to be "near the upper-end of previous guidance". The company said in July that pre-tax profit would be between £450m to £480m; Citi's forecast is £474m. Shares in betting group William Hil
Read moreLondon close: Investors take profits ahead of Fed decision
17th Sep 2013 17:01
Stocks extended losses by the end of trade on Tuesday as investors trimmed positions ahead of the much-anticipated Federal Reserve policy meeting tomorrow. Weighing on markets were heavy falls in the banking sector, with Lloyds sinking after the government placed a 6% stake at a 3.1% discount to ye
Read moreFTSE 100 movers: Utilities rise on cautious investing
17th Sep 2013 14:50
Utilities stocks Severn Trent and United Utilities were on the rise as investors grew cautious as the US Federal Reserve begins its two-day meeting during which the central bank will debate whether the economy has improved enough to start scaling back its monetary stimulus. Randgold Resources was
Read moreTuesday broker round-up UPDATE
17th Sep 2013 08:56
Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform. Antofagasta: WH Ireland downgrades to neutral. Associated British Food: Nomura moves target price from 1650p to 1670p staying with its reduce rating. Aviva: Berenberg downgrades from hold
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