FTSE 100 movers: Pearson plumped on FT sale, ARM bounces, Aberdeen drops
23rd Jul 2015 15:35
(ShareCast News) - London's blue chip index bumped along just above parity for most of Thursday, as the bid talk for Pearson's iconic Financial Times newspaper and various company results announcements were the prime mover of prices. As of 15:30, the FTSE 100 was trading just 0.06% lower at 6,663.02
Read moreLondon close: Losses in tech space, commodity weakness weigh on Footsie
22nd Jul 2015 18:21
(ShareCast News) - Weak guidance and earnings from global tech giants Apple and Microsoft together with renewed heavy falls in the commodity space dragged on the top flight index. The FTSE 100 skidded lower by a hefty 1.5% or 101.73 points to reach 6,667.34, while the FTSE 250 ended the session down
Read moreFTSE 100 movers: Easyjet soars on higher earnings outlook, insurers extend gains
22nd Jul 2015 14:40
(ShareCast News) - London markets edged lower on Wednesday after the Bank of England's rate-setting meeting had investors fretting about inflation risks. As of 15:00, the FTSE 100 was trading 1.4% lower at 6,672. Leading the fallers was ARM Holdings, which dropped after the chip maker reported seco
Read moreARM valuation looks attractive to RBC and Credit Suisse analysts
22nd Jul 2015 13:53
(ShareCast News) - Analysts at RBC Capital Markets and Credit Suisse were among those reiterating positive ratings on ARM Holdings, after the computer processor group reported second-quarter results on Wednesday. RBC retained its 'outperform' recommendation and said ARM's dollar revenue and profits
Read moreLondon pre-open: Stocks to open lower as investors await fresh catalysts
22nd Jul 2015 08:25
(ShareCast News) - UK stocks are expected to open lower on Wednesday, tracking declines in the US and Asia, as investors await fresh impetus following recent gains. City sources expect the FTSE 100 to open 24 points lower than Tuesday's close at 6,745.07. "There's little in the way of new catalysts
Read moreARM flexes earnings 34% and lifts dividend 25%, as Apple eyed
22nd Jul 2015 08:19
(ShareCast News) - After major customer Apple disappointed with earnings overnight, ARM Holdings is likely to open lower as its own earnings rose by 34% to 7.28p per share but fell short of expectations. City analysts had been hoping for earnings per share of 7.5p, up from the previous year's 5.4p.
Read moreFriday broker round-up
17th Jul 2015 16:13
(ShareCast News) - Anglo American: SocGen reiterates hold but trims target to 950p from 1090p. ARM Holdings: Investec reiterates buy and 1,140p target. Barclays: Investec downgrades to sell with 265p target. Capita: Morgan Stanley ups target to 990p from 950p and reiterates underweight. RBS: Inve
Read moreBroker tips: Barclays, ARM Holdings, GKN, Ocado, Savills
17th Jul 2015 11:50
(ShareCast News) - Investors' faith in the heir designate at Barclays may not be misplaced, quite the contrary, but in the short-term his plans for a "strategic acceleration" means earnings may be even weaker, Investec said. The analyst downgraded the bank's shares to 'sell' from 'hold' and lowered
Read moreInvestec upgrades ARM from 'hold' to 'buy', says stock oversold
17th Jul 2015 11:05
(ShareCast News) - Investec has upgraded its rating for computer company ARM from 'hold' to 'buy' and said the stock was oversold. The brokerage maintained its price target of 1140p ahead of ARM's first half results expected next week. Investec analyst Julian Yates said the stock had underperformed
Read moreFTSE 100 movers: Upgrade gives IAG wings, but ARM bent by downgrade
13th Jul 2015 15:24
(ShareCast News) - London's top-flight index was in the black on Monday as investors welcomed a long-awaited bailout agreement between Greece and its creditors, with the blue chip index up 0.87% to 6,731.30 by the close. International Consolidated Airlines Group was the standout gainer after Swiss b
Read moreBroker tips: ARM Holdings, Just Eat, IAG
13th Jul 2015 14:19
(ShareCast News) - JPMorgan Cazenove downgraded ARM Holdings to 'underweight' from 'neutral' and cut the price target to 900p from 950p. "With key semi end markets such as smartphones, tablets and PCs (where ARM is exposed to multiple peripherals) slowing and consensus not reflecting the slowdown we
Read moreJPMorgan downgrades ARM Holdings, points to slowing end markets
13th Jul 2015 13:27
(ShareCast News) - JPMorgan Cazenove downgraded ARM Holdings to 'underweight' from 'neutral' and cut the price target to 900p from 950p. "With key semi end markets such as smartphones, tablets and PCs (where ARM is exposed to multiple peripherals) slowing and consensus not reflecting the slowdown we
Read moreMonday broker round-up
13th Jul 2015 12:05
(ShareCast News) - ARM Holdings: JP Morgan downgrades to underweight and lowers target to 900p from 950p; Exane reiterates outperform with 1,400p target. AstraZeneca: Goldman Sachs stays at neutral and Jefferies at buy. British American Tobacco: Nomura starts coverage at buy with 3,920p target. Bu
Read moreFTSE 100 risers: Financials flying, retailers bounce on minimum wage revision
10th Jul 2015 14:19
(ShareCast News) - London's blue chips breezed higher on a sunny Friday afternoon, buoyed by China's stock market bounce and renewed hopes of a deal for Greece, and with financial stocks leading the charge. A bullish note from Barclays also injected some life into insurers and other money managers,
Read moreBattery firm picks up former ARM boss
10th Jul 2015 14:05
(ShareCast News) - Materials developer Ilika has appointed former ARM executive Mike Inglis to its board. The AIM-listed stock which is best known for its battery technology said the appointment is effective immediately. Ilika said it expected Inglis to take over as non-executive chairman from Jack
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