Sunday share tips: Aviva, Cineworld, Energetix
8th Jul 2012 18:04
The market appeared a little underwhelmed by Aviva's new strategy, with shares rising 1.1 per cent after they were unveiled on Thursday. However, the plan put together by chairman John McFarlane looks sensible. The strategy seeks to improve profitability, capital discipline and cash generation so th
Read moreLondon close: US jobs data sinks stocks
6th Jul 2012 16:41
- US non-farm payrolls disappoint - Miners drag the Footsie lower - IMF to cut global GDP forecast After treading water for the morning session, the Footsie dropped in afternoon trade after a disappointing employment report from the US dampened the outlook for the global economy. The US Labor Depa
Read moreFTSE 100 movers: Aviva leaps after Delta Lloyd sale plans
6th Jul 2012 13:39
Having promised on Thursday that it would raise money from disposals, insurance giant Aviva moved quickly to act on that pledge by saying it will sell more of its stake in Delta Lloyd than originally intended, prompting a sharp rise in its share price. Also providing a lift was Societe Generale whic
Read moreLondon midday: Stocks fall as investors shrug off central bank action
6th Jul 2012 11:37
- Markets look ahead to US jobs report - Investors shrug off central bank action - Aviva jumps on Delta Lloyds disposal The Footsie was trading within a narrow range on Friday morning as investors showed caution ahead of a pivotal employment report due out in the US in the coming hours. Stocks o
Read moreFriday broker round-up
6th Jul 2012 09:35
Aviva: SocGen upgrades to hold from sell. Aberdeen: UBS cuts target from 310p to 300p, buy rating unchanged. Associated British Foods: Nomura raises target from 1,375p to 1,400p, buy recommendation unchanged. AstraZeneca: Jefferies downgrades from buy to hold, target left at 2,975p. AVEVA: Beren
Read moreLondon open: Markets cautious ahead of US jobs report
6th Jul 2012 08:56
- Markets look ahead to US jobs report - Investors shrug off central bank action - Aviva jumps on Delta Lloyds disposal Following a subdued reaction to central bank policy decisions yesterday, European markets were lower in early trading on Friday as investors looked ahead to key employment data in
Read moreLondon pre-open: Stocks set to fall ahead of US jobs data
6th Jul 2012 07:38
With a key jobs report from the US expected later this afternoon, European markets are expected to open lower; yesterday's measures by central banks in the UK, Europe and China to boost growth have clearly failed to lift sentiment. City sources predict the FTSE 100 will open down 14 points from y
Read moreAviva ups size of Delta Lloyd disposal
6th Jul 2012 07:06
Having promised on Thursday that it would raise money from disposals, insurance giant Aviva has moved quickly to act on that pledge by saying it will sell more of its stake in Delta Lloyd than originally intended. The original plan was to offload up to 25m shares in the Dutch insurer by way of an a
Read moreLondon close: Stocks edge higher as markets digest central bank action
5th Jul 2012 16:38
- BoE ups QE; ECB and PBoC cut rates - Concerns over Chinese growth dampen sentiment - GKN rockets after acquisition, trading update, placing After a subdued morning, markets were choppy in afternoon trade on Thursday as investors took in major policy decisions by central banks in the UK, Europe an
Read moreBroker tips: GKN, Aviva, Max Petroleum
5th Jul 2012 12:06
Investec has reiterated its 'buy' recommendation for engineering group GKN after the news that it has agreed to acquire Volvo Aero. "The acquisition of Volvo Aerospace has been announced on terms that are better than anticipated in the media," the broker said in a research note on Thursday. "Compa
Read moreBroker snap: Jefferies not convinced with Aviva's new strategy
5th Jul 2012 12:04
Jefferies has maintained its 'hold' recommendation and 281p target price for insurance group Aviva, saying that new strategies are going to take some time to enforce. Executive Chairman John McFarlane outlined details of the company's new strategic direction on Thursday which, not for the first tim
Read moreLondon midday: Stocks edge higher as BoE ups QE
5th Jul 2012 11:35
- BoE increases QE, maintains Bank Rate - ECB expected to cut refi rate to 0.75 per cent - GKN jumps higher after 633m-pound Volvo Aero purchase The Footsie was registering moderate gains in morning trade on Thursday as investors hoped that the Bank of England would inject more stimulus into the su
Read moreAviva to stay focused on developed markets for now
5th Jul 2012 07:22
John McFarlane, the new executive Chairman of Aviva, has outlined details of the insurance giant's new strategic direction which, not for the first time, will result in changes at the senior management level. The new strategic plan has three main objectives: Narrow Focus - The group plans to focus
Read moreThursday preview: All eyes on the Old Lady of Threadneedle Street
4th Jul 2012 18:11
The Bank of England's Monetary Policy Committee (MPC) will be revealing its policy decision at midday on Thursday with the majority of economists expecting the Bank of England (BoE) to ramp up its asset purchase programme, or quantitative easing (QE). Analysts at Investec are predicting that the MP
Read moreLondon open: Markets cautious ahead of policy decisions
4th Jul 2012 08:38
- Ex-div stocks provide a drag in London - Chinese economic data dampens the mood - US markets closed for national holiday UK stocks slipped in early trading on Wednesday with volumes expected to be light as US markets remain closed for Independence Day; investors are likely to be cautious ahead of
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