UK MARKET TALK ROUNDUP: SHARES GAINING
18th Jun 2010 10:51
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0951 GMT [Dow Jones] KBC Peel Hunt initiates coverage of Ashmore Group (ASHM.LN) and BlueBay Asset Management (BBAY.LN), b
Read moreMARKET TALK: KBC Starts Ashmore, BlueBay Asset Mgmt At Buy
18th Jun 2010 10:51
0951 GMT [Dow Jones] KBC Peel Hunt initiates coverage of Ashmore Group (ASHM.LN) and BlueBay Asset Management (BBAY.LN), both at buy, with 305p and 440p price targets, respectively. Says looking beyond short-term volatility, the fundamentals for continued allocations to emerging market and European
Read moreLondon close: Footsie moves past 5,800
14th Apr 2010 16:35
Positive sentiment as the US first quarter earnings season gets under way helped inject a bit of life into Footsie following recent sluggishness, sending it past the 5,800 point mark, though it settled slightly lower. Forecast-topping results from computer chip maker Intel yesterday were interprete
Read moreLondon afternoon: Upward trend continues
14th Apr 2010 14:26
London consolidated gains over the lunch-time session on another quiet day for corporate news. Forecast-topping results from computer chip maker Intel yesterday have been interpreted as a clear sign that the recovery in the global economy is not running out of steam, and that has led to a rise in b
Read moreLondon midday: BT heads field after broker tip
14th Apr 2010 12:02
Having been largely responsible for the Footsie's fall yesterday miners are driving the blue-chip index higher today, enabling the index to move close to the 5800 level despite the presence of the usual Wednesday batch of ex-dividend stocks. Forecasting topping results from computer chip maker Inte
Read moreAshmore quarterly AUM up 4%
14th Apr 2010 07:58
Emerging markets asset manager Ashmore said the third quarter saw assets under management increase 4% to $33bn. The drivers of this were net inflows of $0.8bn principally into the external debt and local currency themes, and positive performance of $0.6bn, the group said. The performance was in li
Read moreWednesday preview: JD Sports, Atkins, Ashmore
13th Apr 2010 17:28
JD Sports Fashion has raised expectations over Wednesday's full year results by saying back in January that profit before tax and exceptional items would be significantly above market expectations. That sent investment analysts scurrying to update their earnings forecasts, and current consensus is
Read moreLondon close: Overseas concerns sink Footsie
25th Feb 2010 16:28
Blue chips closed sharply lower as fears about Greece resurfaced and US dole claimant figures were worse than expected. On a busy day for big company results RBS hogged the headlines. The part-nationalised bank saw its net attributable loss narrow markedly in 2009 with fourth quarter impairments 5%
Read moreLondon afternoon: Footsie heads south
25th Feb 2010 14:23
The Footsie sank below last night's closing level over the lunch time session, weighed down by weak miners. On a busy day for big company results RBS continues to hog the headlines. Though off the top, the share price is still sharply higher after the part-nationalised bank saw its net attributable
Read moreAshmore profit beats forecasts
25th Feb 2010 11:50
Shares in Ashmore are in demand after the emerging markets asset manager reported a better than expected 40% jump in half-year profits. Pre-tax profit jumped to £112m in the six months ended 31 December compared with £80.3m last time. Assets under management at the end of December were up 27% to $
Read moreThursday tips round-up: SIG, Greggs, Fenner
14th Jan 2010 06:06
Ever-tighter building regulations on energy efficiency continue to work in SIG's favour. The last introduction of new UK standards in 2006 prompted a 20 per cent rise in the volume of insulation materials per building in the following three years and there is no reason to believe that their successo
Read moreLondon close: Commodity slide hits Footsie
13th Jan 2010 16:32
Footsie ended the day firmly in the red with low commodity prices helping to offset positive broker coverage. With the oil price below $80, oil titans Royal Dutch Shell and BP found themselves on traders' sell lists. BG Group also slipped even after HSBC upped its price target for the stock from 13
Read moreLondon afternoon: Leading shares mixed
13th Jan 2010 14:57
Leading shares are mixed having picked up a little over the lunch time session, helped by a firmer start on Wall Street. With the oil price below $80, oil titans Royal Dutch Shell and BP find themselves on traders' sell lists, but BG Group makes headway after HSBC upped its price target for the st
Read moreLondon midday: Ferrero pulls out of Cadbury chase
13th Jan 2010 11:56
Oils and banks are dragging the Footsie down, with sentiment also soured by disappointing manufacturing output figures. While industrial production showed a 0.4% rise in November, better than the 0.3% rise economists had been predicting, manufacturing output remained unchanged from October's level
Read moreLondon open: Footsie marks time
13th Jan 2010 08:50
Last night's decline on Wall Street, its first of 2010, has tipped Footsie lower a little in early deals though the fall so far is modest. US stocks were hurt by weaker than expected fourth quarter results from aluminium producer Alcoa after hours Monday, while Chinese moves to cool bank lending an
Read more