London open: Tobacco gains help UK stocks snap four-day losing streak
11th Jul 2014 08:56
- M&A speculation gives tobacco sector a boost - Housebuilders rise, miners fall - FTSE 100 rebounds from lowest in nearly three months techMARK 2,779.11 +0.33% FTSE 100 6,690.42 +0.27% FTSE 250 15,518.58 +0.51% Strong gains from tobacco and construction stocks outweighed a decline in the heavywei
Read moreFTSE 100 movers: Airlines descend on read-across from Air France-KLM
8th Jul 2014 15:40
Airline stocks IAG and easyJet were falling sharply today as European peer Air France-KLM cut its profit guidance for the year. In comments similar to those made by Deutsche Lufthansa, the French-Dutch airline said that overcapacity on long-haul flights was having an impact on profitability. Hargr
Read moreLondon open: Stocks fall for second day on profit-taking
8th Jul 2014 09:11
- Investors continue to take profits after recent rally - Fed, Alcoa Q2 report in focus - M&S impresses with clothing improvement - Miners rise, airlines fall techMARK 2,827.25 -0.58% FTSE 100 6,811.08 -0.18% FTSE 250 15,792.64 -0.63% UK stocks declined for a second day on Tuesday as a lack of pos
Read moreLondon midday: Investors take profits after recent run
7th Jul 2014 12:09
- UK stocks retreat after recent rally, US futures fall - UK manufacturing confidence and German industrial production both retreat - Antogasta, Anglo lead mining stocks lower - Weir Group gains after Citigroup upgrade techMARK 2,848.48 -0.25% FTSE 100 6,850.83 -0.22% FTSE 250 15,943.09 -0.67% It
Read moreLondon open: Stocks inch lower as economic data dampens rally
7th Jul 2014 08:57
- FTSE 100 falls from three-and-a-half week high - UK manufacturing confidence weakens - German industrial output falls - IMF hints at cut to growth forecasts techMARK 2,859.13 +0.12% FTSE 100 6,862.56 -0.05% FTSE 250 16,049.02 -0.01% UK stocks edged lower on Monday morning on the back of weak eco
Read moreBroker tips: Antofagasta, Direct Line, Supermarkets
4th Jul 2014 12:56
Shares in copper miner Antofagasta were continuing their recent upward trend on Friday after analysts at both Morgan Stanley and UBS cited a lack of near-term negative catalysts. Morgan Stanley upgraded its rating on the stock from 'underweight' to 'equalweight', saying that "negative catalysts [ha
Read moreNegative catalysts lacking at Antofagasta, says Morgan Stanley and UBS
4th Jul 2014 12:33
Shares in copper miner Antofagasta were continuing their recent upward trend on Friday after analysts at both Morgan Stanley and UBS cited a lack of near-term negative catalysts. Morgan Stanley upgraded its rating on the stock from 'underweight' to 'equalweight', saying that "negative catalysts [ha
Read moreLondon midday: UK stocks rangebound on NYSE holiday
4th Jul 2014 12:12
- FTSE flat but at highest since June 10th - Dow, S&P at record highs after jobs report - US markets closed for public holiday today techMARK 2,857.08 +0.18% FTSE 100 6,864.83 -0.01% FTSE 250 16,096.91 +0.42% UK stocks were trading within an extremely narrow range on Friday morning as traders sat
Read moreFriday broker round-up UPDATE
4th Jul 2014 12:12
Antofagasta: Morgan Stanley upgrades from underweight to equal-weight with a target price of 750p. AVEVA: Societe Generale initiates with a target price of 2650p and a buy recommendation. Balfour Beatty: Westhouse Securities cuts target price from 220p to 183p downgrading from neutral to sell. RBC
Read moreLondon close: FTSE lifted by US jobs and ECB meeting
3rd Jul 2014 16:59
- FTSE 100 closes up 48.84 points at 6,865.21 - Non-farm payrolls provide reassurance - ECB maintains policy techMARK 2,852.06 +0.69% FTSE 100 6,865.21 +0.72% FTSE 250 16,028.96 +0.83% Stocks climbed to a positive finish after making fairly steady gains throughout what was a session packed full w
Read moreFTSE 100 movers: Sports Direct leads rises
3rd Jul 2014 15:22
Sports apparel retailer Sports Direct was also rising strongly after shareholders yesterday narrowly voted through a bonus scheme that will see founder Mike Ashley receive £200m in shares. Antofagasta was boosted by reports that the group is to cut jobs and costs as it combines its El Tesoro and Es
Read moreSector movers: Antofagasta leads mining stocks higher after US data
3rd Jul 2014 14:29
Mining stocks were benefiting from an improved outlook for the global economy on Thursday as labour-market data from the US smashed analysts' forecasts. The US economy added an impressive 288,000 jobs in June, compared with analysts' forecasts of just 215,000, while the jobless rate unexpectedly dr
Read moreLondon midday: Stocks gain momentum ahead of ECB and non-farm payrolls
3rd Jul 2014 11:22
- ECB, US jobs data in focus this afternoon - UK and Eurozone services PMIs weaken - Balfour Beatty disappoints as Engineering Services worsens - Antofagasta rises on shake-up plans in Chile techMARK 2,848.70 +0.57% FTSE 100 6,851.75 +0.52% FTSE 250 15,998.50 +0.64% The FTSE 100 was putting in dec
Read moreLondon open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read moreLondon open: Stocks rise ahead of data-heavy week
30th Jun 2014 09:06
- Eurozone inflation predicted to remain stable at 0.5% - ECB meeting, US employment report due out later this week - Miners fall but Anglo rises on asset sale rumours techMARK 2,827.12 +0.33% FTSE 100 6,772.40 +0.22% FTSE 250 15,737.98 +0.36% Weakness in the mining sector didn't stop UK stocks fr
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