Wednesday tips round-up: Hays, Aggreko, Rio Tinto, BHP
10th Oct 2012 06:40
The mood music from the resources sector has worsened in recent weeks. Thus, Rio Tinto, the third biggest miner in the world, has lowered its estimates for China's growth this year to "just below" 8 per cent, down from the around 8 per cent growth it expected in August, chief executive Tom Albanese
Read moreLondon close: Growth concerns sink stocks for second straight day
9th Oct 2012 16:35
- Miners gain, but Footsie finishes firmly lower - IMF cuts forecasts; investors nervous ahead of Alcoa - UK economic data paints gloomy picture - Crude rises on Mid-East tensions With the International Monetary Fund (IMF) cutting its growth forecasts and Wall Street starting on the back foot ahead
Read moreFTSE 100 movers: Miners lead the way
9th Oct 2012 15:22
Mining stocks were performing well despite the gloomy growth figures from the IMF. Vedanta was in the top spot despite seeing production and sales of iron ore from Goa fall in the second quarter as the government's ban on mining activities in the state starts to bite. Retail giant Marks & Spencer
Read moreLondon midday: Footsie slides as IMF spreads the gloom
9th Oct 2012 11:37
- IMF cuts global growth forecasts for 2012 and 2013 - UK economic data comes in mixed - Footsie still down despite mining strength The FTSE 100 remained firmly in the red during the morning session Tuesday after the International Monetary Fund (IMF) cast a cloud of gloom over the markets after dow
Read moreTuesday broker round-up
9th Oct 2012 09:05
3i Group: Morgan Stanley raises target from 221p to 233p, equal weight rating kept. Aberdeen Asset Management: Morgan Stanley raises target from 315p to 365p, overweigh rating kept. Aggreko: HSBC downgrades to neutral. Alternative Networks: Westhouse upgrades to strong buy. ASOS: Panmure Gordon
Read moreLondon open: Stocks slip after IMF cuts growth forecasts
9th Oct 2012 08:25
- IMF cuts global growth estimates - Q3 US earnings season to kick off this evening - Capita and Aggreko dented by broker downgrades UK stocks continued to fall on Tuesday morning following a steep drop the day before, as concerns about the global economy were fuelled by a downgrade to growth forec
Read moreBroker tips: Aggreko, ASOS, Falkland Oil & Gas
17th Sep 2012 12:48
Analysts at Seymour Pierce have this morning raised their price target on shares of temporary power solutions provider Aggreko, while reiterating their "buy" stance on the company´s shares. This followed a visit to the company´s new bespoke manufacturing facility in Dumbarton, Scotland. In their o
Read moreBroker snap: Seymour Pierce raises target on Aggreko to 2,700p
17th Sep 2012 11:42
Analysts at Seymour Pierce have this morning raised their target price on shares of temporary power solutions provider Aggreko, while reiterating their "buy" stance on the company´s shares. This followed a visit to the company´s new bespoke manufacturing facility in Dumbarton, Scotland. In their o
Read moreLondon open: BP and ex-div stocks provide a drag early on
5th Sep 2012 08:34
- ECB meeting eyed - Australian, Chinese data disappoints - BP, ex-div stocks weigh on Footsie Following a 1.5 per cent fall for the Footsie the day before, UK stocks opened lower once again on Wednesday morning with investors likely to remain cautious ahead of tomorrow's eagerly anticipated Europe
Read moreFTSE 100 movers: RBS down on government plans and fine
2nd Aug 2012 14:37
According to the Financial Times, the government is considering buying up the remaining shares in Royal Bank of Scotland (RBS) that it does not already own in an effort to kick start lending to businesses, news which pushed the stock into the bottom spot on the FTSE. The paper claims ministers are b
Read moreBroker tips: Aggreko, SEGRO, Next
2nd Aug 2012 12:48
Investec has said that a lack of upgrades for consensus forecasts at Aggreko may disappoint, but the broker says that the first-half results from the temporary power and temperature controls group were strong. "Aggreko has had an excellent first half, with a 30% lift in EPS (as expected), and remai
Read moreLondon midday: BoE holds fire; all eyes now on the ECB
2nd Aug 2012 11:44
- BoE maintains rates, QE - ECB decision in focus - RBS lower on nationalisation speculation While the policy-makers at the Bank of England (BoE) did what most were expecting - leaving interest rates and quantitative easing (QE) unchanged - UK stocks were trading firmly higher on Thursday morning
Read moreBroker snap: Aggreko's a 'quality stock', says Investec
2nd Aug 2012 10:54
Investec has said that a lack of upgrades for consensus forecasts at Aggreko may disappoint, but the broker says that the first-half results from the temporary power and temperature controls group were strong. Pre-tax profits in the first six months increased 23% to £148m as forecast and a 30% rise
Read moreThursday broker round-up
2nd Aug 2012 10:00
Aggreko: Investec keeps buy rating and 2,520p target. Antofagasta: UBS lifts tagged from 850p to 870p, sell rating unchanged. BAE Systems: Investec maintains hold rating and 290p target. Drax: AlphaValue downgrades to reduce. ENRC: UBS cuts tagged from 640p to 615p, buy rating maintained. Filtr
Read moreLondon open: Markets look to the ECB for a boost
2nd Aug 2012 08:57
- Fed holds fire on further stimulus - BoE and ECB decisions expected later today - ECB expected to do 'whatever it takes' The Footsie rose moderately on Thursday morning in spite of the Federal Reserve disappointing US markets last night, as investors looked ahead to key policy decisions in the UK
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