London close: FTSE 100 finishes strongly on 'fiscal cliff' optimism
18th Dec 2012 16:55
- US budget negotiations lift hopes - G4S up on renewed confidence - FTSE 250 at all-time high UK markets finished with strong gains on Tuesday afternoon as 'fiscal cliff' hopes spurred investors' appetites for riskier assets, such as mining stocks. The second-tier FTSE 250 index was trading at a
Read moreFTSE 100 movers: Rio and Vedanta track Chinese demand higher
18th Dec 2012 16:08
Miners such as Rio Tinto and Vedanta were strong performers throughout most of the day. Most market commentary attributed the gains to the generally risk-on atmosphere in markets. As well, many pointed to the fact that at their annual central economic work conference - last weekend - Chinese officia
Read moreTuesday broker round-up UPDATE
18th Dec 2012 07:06
African Minerals: Deutsche Bank cuts target price from 610p to 600p, while its buy recommendation remains unchanged. Aggreko: Morgan Stanley reduces target price from 2230p to 1670p and keeps an equal-weight rating. Anglo American: Deutsche Bank moves target price from 2520p to 2268p, while the bu
Read moreTuesday tips round-up: Aggreko, Hunting, Fortune Oil,
18th Dec 2012 06:54
There was a sense of déjà vu in yesterday's profit warning and share price fall for temporary power group Aggreko. In late 2009, the company issued a similar alert that turned out to be an ideal buying opportunity for new investors in the shares and The Telegraph´s Questor team thinks yesterday's ev
Read moreLondon close: Stocks fall as 'fiscal cliff' deadline looms
17th Dec 2012 16:40
Increasing optimism surrounding budget talks between US politicians may have helped the FTSE 100 come off its intraday low, but the index was stuck firmly in negative territory with markets remaining nervous ahead of the January 1st deadline. Without a deal, the $600bn in automatic spending cuts a
Read moreFTSE 100 movers: Aggreko plummets on cautious outlook
17th Dec 2012 15:23
Temporary power and temperature control solutions group Aggreko plummeted on Monday after giving a gloomy outlook for next year, saying that its performance would likely be lower than the 2012. Investec downgraded its rating for the stock from 'buy' to 'hold' this morning, after the company said t
Read moreBroker tips: Aggreko, Unilever, G4S
17th Dec 2012 12:58
Investec has cut its rating for temporary power and temperature control solutions group Aggreko after the company's gloomy pre-close trading update on Monday which sent shares tumbling. "The group should deliver its forecast FY12E earnings outcome, but the outlook for FY13E is much more adverse th
Read moreBroker snap: Investec downgrades Aggreko to 'hold'
17th Dec 2012 12:07
Investec has cut its rating for temporary power and temperature control solutions group Aggreko after the company's gloomy pre-close trading update on Monday which sent shares tumbling. "The group should deliver its forecast FY12E earnings outcome, but the outlook for FY13E is much more adverse t
Read moreLondon midday: Aggreko leads UK stocks lower
17th Dec 2012 11:33
The FTSE 100 had fallen firmly into negative territory by Monday lunchtime as markets focused on the impending 'fiscal cliff' in the US. "After a quiet open European stocks are weaker across the board this morning as traders temper their risk appetites over concerns that talks in Washington will pu
Read moreLondon open: Aggreko drags Footsie lower early on
17th Dec 2012 08:18
The FTSE 100 opened flat on Monday morning with the focus firmly on the impending 'fiscal cliff' in the US as markets prepare for the Christmas holiday. Aggreko was providing a drag on the index after giving a gloomy outlook for 2013. "European equities are trading little changed to slightly higher
Read moreLondon pre-open: Flat start expected for the Footsie
17th Dec 2012 07:31
UK stocks are expected to open broadly flat on Monday morning as the 'fiscal cliff' in the US continues to dominate market sentiment ahead of the Christmas holiday. City sources are expecting the FTSE 100 to open just four points higher than Friday's close of 5,922. Market analyst Craig Erlam from
Read moreAggreko warns of lower revenues in 2013
17th Dec 2012 07:06
Temporary power and temperature control solutions group Aggreko maintained its full-year guidance in a pre-close trading update on Monday morning, but gave a gloomy outlook for next year, saying that its performance would likely be lower than the 2012. The company said that group revenues are expec
Read moreSunday newspaper round-up: Rolls Royce, RBS, Public finances
16th Dec 2012 18:08
A former employee at the centre of the Rolls-Royce corruption case has claimed the company paid a second bribe of 25m dollars to an Indonesian businessman to help it to secure a 2010 jet engine contract. The British aero-engine maker won a 420m dollars (260m pounds) contract in July 2010 from Garuda
Read moreFriday broker round-up UPDATE
30th Nov 2012 07:24
Aggreko: Berenberg initiates with a target price of 2010p and a hold recommendation. APR Energy: Berenberg starts with a target price of 610p and a sell recommendation. Babcock International Group: Berenberg initiates with a target price of 1180p and a buy recommendation. Barclays: UBS raises tar
Read moreLondon close: Footsie rallies on US budget hopes
19th Nov 2012 16:53
- Obama confident that 'fiscal cliff' will be dealt with - Markets await Eurogroup meeting on Greece - Egypt PM says Israel/Gaza truce may be near -Reuters - Banks and miners surge on increased risk Stocks rallied on Monday after hitting a four-month low the previous session on the back of increas
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