London open: Markets cautious early on, Spain in focus
30th Apr 2012 08:32
- Aberdeen leads risers after solid first half - Randgold falls after broker downgrade - Spain focus ahead of Thursday's bond auction Following a four-day winning streak, the FTSE 100 opened broadly flat on Monday morning with the Eurozone again in focus as Spanish debt concerns continue to weigh
Read moreAquarius in the red as output tumbles
30th Apr 2012 07:19
It is always a struggle for platinum producer Aquarius to lure the workers back on time after Christmas and 2012 has proved worse than usual. Attributable production for the group's fiscal third quarter - January to March, inclusive - decreased by 7% quarter-on-quarter to 97,802 4E (platinum, palla
Read moreLondon close: Footsie sinks to 2012 low
10th Apr 2012 16:56
- Miners suffer sell-off on macro-economic concerns - US jobs data dampens sentiment - Randgold bounces back after Malian settlement London's FTSE 100 index slumped to its lowest levels in 2012 on Tuesday as investors had a four-day weekend to digest a gloomy US jobs report out on Friday. Just a ha
Read moreFTSE 250 movers: Miners drag index lower
10th Apr 2012 15:39
Miners Talvivaara and Aquarius Platinum both fell in line with the mining sector, while transport firm FirstGroup was another heavy faller on the second-tier index after Barclays cut its rating from overweight to equal weight. Citigroup also downgraded the stock today. Domino Printing Sciences said
Read moreLondon midday: Miners provide a drag on Footsie
10th Apr 2012 11:53
- Friday's US jobs data dampens sentiment - Rising exports push China into trade surplus - Randgold bounces back after Malian settlement The Footsie had fallen by nearly one whole percentage point by Tuesday lunchtime as investors digested a gloomy jobs report from the US which came out on Friday.
Read moreThursday broker round-up - UPDATE
29th Mar 2012 09:29
Advanced Medical Solutions: Investec upgrades from hold to buy, target lift at 97p. Antofagasta: UBS downgrades from neutral to sell, target cut from 1,150p to 1,050p. Aquarius Platinum: UBS cuts target from 160p to 155p, neutral rating unchanged. BHP Billiton: UBS cuts target from 2,600p to 2,50
Read moreLondon close: Stocks rebound as Greek debt-swap looms
7th Mar 2012 16:35
-Greek debt-swap participation rate estimated at 58%. -Greek government confident of achieving rate of at least 75%. -Admiral surges after full-year results. London's blue chips bounced back today, following yesterday's sharp selling, with investors now looking to tomorrow's Greek debt-swap deadlin
Read moreWednesday broker round-up - UPDATE
7th Mar 2012 08:33
John Wood: HSBC downgrades to underperform from neutral. Aquarius Platinum: Panmure Gordon upgrades to buy from sell. Lonmin: Panmure Gordon upgrades to buy from sell. Admiral: Nomura maintains buy rating and 1,100p target. Anglo American: AlphaValue upgrades to buy from add and lowers pri
Read moreLondon close: Subdued finish for Footsie, but Vedanta jumps
24th Feb 2012 17:07
- Vedanta jumps on further speculation of restructuring in India. - Lloyds falls on tough outlook for 2012. - BoE's Fisher thinks outlook is 'incredibly uncertain'. The Footsie finished flat on Friday after the blue chip index swung between gains and losses in a tight range of just 20 points or so
Read moreFTSE 250 movers: Aquarius Platinum drops on plan fail
24th Feb 2012 14:24
Mining giant Aquarius Platinum fell after it said the Indigenisation Implementation Plan that its indirect 50% subsidiary submitted to the government of Zimbabwe in November 2011 has been rejected. Mimosa Holdings had submitted a plan outlining how it would meet the country's law requiring foreign
Read moreLondon midday: Footsie nudges higher ahead of US open
24th Feb 2012 11:49
- Lloyds falls on tough outlook for 2012. - Consumer product groups Unilever, Reckitt sold off. - BoE's Fisher thinks outlook is 'incredibly uncertain'. The Footsie was trading just a few points higher by midday on Friday, as a decline in consumer products stocks, miners and Lloyds was offset by a
Read moreLondon open: Lloyds tumbles but Footsie stays flat
24th Feb 2012 08:26
- Lloyds drops after gloomy outlook. - Hammerson up as NAV rises 7%. - BoE's Fisher thinks outlook is 'incredibly uncertain'. The Footsie opened broadly flat on Friday as a strong rise by Capita and Hammerson managed to offset a fall in the mining and banking sectors following a negative reaction t
Read moreZimbabwe rejects Aquarius's 'indigenisation' plan
24th Feb 2012 08:00
Mining giant Aquarius Platinum has said that the Indigenisation Implementation Plan its indirect 50% subsidiary submitted to the government of Zimbabwe in November 2011 has been rejected. Mimosa Holdings had submitted a plan outlining how it would meet the country's law requiring foreign miners to
Read moreFriday broker round-up -UPDATE
10th Feb 2012 10:27
Ferrexpo: Rennaisance downgrades to hold. ICAP: Goldman Sachs downgrades to neutral from buy. Schroders: Goldman Sachs upgrades to buy from neutral. Next: Deutsche Bank upgrades to buy from hold. National Grid: JP Morgan downgrades to neutral from outperform. Barclays: Nomura maintains buy
Read moreAquarius CEO forgets Murphy's Law
9th Feb 2012 07:54
Aquarius Platinum's Chief Executive has admitted he 'could not have been more wrong' about the worst being behind the company as it plunged into the red, hit by the ongoing difficult operating and trading conditions facing the company and the southern African platinum industry. A profit before tax
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