Friday newspaper round-up: Inflation, Thomas Cook, Banking
25th May 2012 06:53
David Cameron will face demands from Tory MPs to redraw Britain's relationship with Europe in the event of a Greek exit from the Eurozone, senior government sources believe. No 10 and the Foreign and Commonwealth Office say that treaties governing the European Union will have to be rewritten after t
Read moreThursday broker round-up - UPDATE
24th May 2012 09:27
ARM Holdings: Jefferies reiterates buy recommendation and 485p target. ASOS: Investec keeps hold rating and 1,250p target. AstraZeneca: AlphaValue upgrades to BUY from add. Booker: Panmure Gordon upgrades from hold to buy. Bowleven: UBS slashes target from 105p to 70p, neutral rating unchanged.
Read moreLondon midday: Stocks rise ahead of EU summit
22nd May 2012 12:00
- Miners wanted on Chinese stimulus speculation - Fitch downgrades Japanese rating - Markets await EU summit tomorrow, OECD backs eurobonds The FTSE 100 held on to its earlier gains by Tuesday lunchtime as investors look ahead to tomorrow's EU summit with optimism, as pressure builds on Eurozone l
Read moreWednesday newspaper round-up: Greece, RBS, AstraZeneca
16th May 2012 07:12
As leaders in Athens accepted the need for a new general election to end a national stalemate, the International Monetary Fund said Europe's leaders should prepare for the possibility of a Greek departure from the single currency. Christine Lagarde, head of the IMF, warned she was "technically prepa
Read moreBroker snap: With new leader, it's Astra's 'time to strike', says UBS
4th May 2012 15:15
Drugs giant AstraZeneca was added to UBS's 'Key Calls' list on Friday with the broker reiterating its buy recommendation on the stock. "With the announcement that Chief Executive Officer Brennan is retiring and new Chairman Johansson is starting on June 1st, we increasingly see the likelihood of st
Read moreFTSE 100 movers: RBS flying high on results update
4th May 2012 14:14
Nationalised lender Royal Bank of Scotland (RBS) was a high riser after its first-quarter results. The group is to repay the final tranche of notes issued under the government's Credit Guarantee Scheme (CGS) next week, after posting a profit of more than a billion pounds in the first three months of
Read moreLondon midday: Stocks lower before US non-farm payrolls
4th May 2012 12:10
- Miners drop on macro concerns, Australian growth - RBS rises after Q1 update - Markets await US non-farm payrolls The Footsie was firmly lower by Friday lunchtime as a sell-off in the mining sector outweighed a strong performance by the banks after some well-received results from Royal Bank of Sc
Read moreFriday broker round-up
4th May 2012 09:21
AstraZeneca: UBS raises target from 3,400p to 3,500p, buy rating unchanged. BG Group: Nomura cuts target from 1,950p to 1,850p, buy rating kept. British Land: Jefferies upgrades British Land from hold to buy, targetupped from 517p to 543p. Dairy Crest: Jefferies initiates coverage with a buy reco
Read moreLondon midday: Footsie down as Man Group provides a drag
30th Apr 2012 11:48
- Spain joins the UK in recession - Man Group volatile ahead of Q1 IMS - Aberdeen up after solid first half London's blue chip index was trading near its lowest levels of the day by Monday lunchtime, snapping a four-day winning streak as Eurozone concerns were once again brought into the spotlight.
Read moreLondon 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 moreMonday broker round-up
30th Apr 2012 08:29
Anglo American: AlphaValue downgrades from neutral to reduce, target cut from 7,115p to 6,970p. AstraZeneca: Jefferies upgrades from hold to buy, target cut from 3,050p to 2,975p; JP Morgan Cazenove upgrades from underweight to neutral, target hiked from 2,800p to 3,050p. British Sky Broadcasting:
Read moreLondon midday: Stocks rise as markets await US GDP data
27th Apr 2012 11:56
- US futures flat ahead of GDP data - UK investors shrug off Spanish downgrade - Man, CRH, British Land rise after upgrades The Footsie was trading firmly higher on Friday morning as investors shrugged off a downgrade for Spain and some disappointing UK economic data. US stock futures were pointi
Read moreFriday broker round-up - UPDATE
27th Apr 2012 09:21
AstraZeneca: Credit Suisse maintains underperform rating and 2,600p target. ASOS: HSBC upgrades from neutral to overweight, target cut from 1,900p to 1,780p. Barclays: Nomura reiterates neutral recommendation and 268p target. British American Tobacco: Jefferies maintains buy recommendation and 3,
Read moreLondon close: Whitbread leads the Footsie higher
26th Apr 2012 16:41
- Whitbread up 6pc, Astra down 6pc - Economic data from UK and US comes in mixed - Fed sees growth picking up gradually The Footsie rallied in afternoon trade to finish close to its intraday highs reached in the morning session. Investors had to digest a barrage of company results and trading updat
Read moreSector movers: Unilever boosts food sector, Astra drags down pharmas
26th Apr 2012 15:45
The food producing and processing sector was the best performing sector on Thursday afternoon, with heavyweight constituent Unilever providing a lift following its first-quarter statement. The consumer goods giant, famous for food brands such as Flora, Ben & Jerry's, PG Tips and Pot Noodle (as well
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