28th Jan 2015 15:27
Forecast-busting results from US smartphone and tablet giant Apple gave London-listed tech shares a boost on Wednesday, especially those of supplier ARM Holdings. ARM, the semiconductor and software design firm whose chips are used in Apple's iPhones, was bolstered by the news that the California-ba
Read more28th Jan 2015 13:35
Credit-checking firm Experian was a high riser after unveiling an unexpected $600m share buyback and outlining plans to "deliver annual average growth in organic revenue in the mid-single digit range". The company also said it has the potential for "strong growth" in earnings per share. Copper miner
Read more28th Jan 2015 11:47
After a positive start, UK stocks had dropped into the red by Wednesday lunchtime with nerves surrounding Greek politics dampening sentiment, as investors awaited a policy decision later on by the US central bank. London's FTSE 100 was down 0.2% at 6,797 by midday, pulling back after reaching an int
Read more28th Jan 2015 08:26
Strong results from US blue chips Apple and Yahoo after the closing bell on Wall Street led to a higher open in London on Wednesday, as investors took an optimistic approach ahead of the Federal Reserve meeting. The FTSE 100 was up 0.2% at 6,827 in early deals. US markets finished with sharp losses
Read more16th Jan 2015 16:40
After a weak start, UK stocks rose to their highest in a week as a decent performance from the resource sectors and upbeat US data gave markets a boost. London's FTSE 100 finished the session up 0.8% at 6,550.27, its best close since 8 January when it settled at 6,569.96. Oil and gas stocks were ri
Read more16th Jan 2015 12:53
Oil giant BP was among the risers after the company revealed it faces a maximum penalty of $13.7bn under the Clean Water Act. This follows the District Court for the Eastern District of Louisiana ruling on the Deepwater Horizon case, which found that 3.19m barrels of oil were discharged in the Gulf
Read more16th Jan 2015 11:46
Broker Liberum has reiterated its 'sell' call on chip designer ARM Holdings on the back of rising competition from US rival Intel. "Smartphones and tablets account for circa 75% of ARM's royalty revenue and has been the key driver of royalty growth," Liberum said. "If intel is successful [with produ
Read more16th Jan 2015 11:41
Decent gains from BP and the wider oil sector helped UK stocks to pare losses by Friday lunchtime, though the mood was still cautious ahead of some key economic figures from the States. BP was on the rise after being handed a smaller-than-expected civil penalty over the Gulf of Mexico oil spill in 2
Read more16th Jan 2015 09:33
Broker Liberum has reiterated its 'sell' call on chip designer ARM Holdings on the back of rising competition from US rival Intel. Intel's fourth-quarter results on Thursday evening showed that the company sold chips for 46m tablets in 2014, ahead of its guidance of 40m, with its share in the tablet
Read more14th Jan 2015 13:52
Mining stocks fell across the board though those exposed to the copper sector were hit the hardest after copper prices fell to five and a half year lows to $5,353.25 a metric ton. Antofagasta and Anglo American fared badly, but Glencore fared the worst, falling over 11% to a new record low. On
Read more7th Jan 2015 10:50
Morgan Stanley has lifted its price target for microchip technology developer ARM Holdings due to the strengthening dollar and the steady uptake of higher-margin, 64-bit processors. In light of recent volatility in the currency markets, the bank's analysts believe that strengthening of the dollar-st
Read more19th Nov 2014 07:53
ARM Holdings has been one of the best global technology stories, but broker Liberum sees the microprocessor company "at an inflection point" as the smartphone-driven boom slows and Intel becomes a more serious smartphone rival. Furthermore, the broker says licensing "can't grow at the same rate inde
Read more22nd Oct 2014 09:54
Amino Technologies: N+1 Singer moves target price from 93p to 107p upgrading to buy. Anglo American: Liberum Capital reduces target price from 1300p to 1200p retaining its sell recommendation. ARM Holdings: UBS moves target price from 970p to 980p upgrading from neutral to buy. Deutsche Bank cuts t
Read more21st Oct 2014 14:51
Travel stocks were once again in positive territory as the sector recovered from a recent poor performance amid mounting concerns about the Ebola crisis. A report from Reuters claiming the European Central Bank is considering the possibility of buying corporate bonds on the secondary market, potenti
Read more21st Oct 2014 12:55
Panmure Gordon chose to reiterate its 'buy' recommendation on Shire even though the $54bn pursuit by Abbvie is now officially over, highlighting an "opportunity" for investors to pick up shares after recent falls. Analyst Savvas Neophytou said that the company's rare diseases business still remains
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