Sunday tip round-up: Dogs of the FTSE, Investors´ favourites
18th Mar 2012 14:07
Since the year 2000 experience seems to show that investing in the highest yielding stocks of the UK´s benchmark index, when the economy is recovering, can be a sound strategy. Therefore, given signs that the worst is over the Midas team at the Daily Mail has decided to re-launch their 'Dogs of the
Read moreMoody's: Pharma firms' ratings could be under pressure
14th Mar 2012 14:36
Ratings agency Moody's has announced that certain European pharmaceuticals companies' ratings could be pressured by resumed share buy-backs. Four of the largest pharma groups, namely AstraZeneca, GlaxoSmithSkline (GSK), Novartis and Sanofi, could all be at risk after they re-started share buy-back
Read moreTuesday broker round-up - UPDATE
13th Mar 2012 09:59
AstraZeneca: Panmure Gordon keeps buy rating and 3,600p target. Bellway: Credit Suisse maintains outperform rating. BG Group: Nomura raises target from 1,865p to 1,950p, buy rating kept. Computacenter: Panmure Gordon ups target from 490p to 501p, buy rating unchanged. Hays: Credit Suisse ups tar
Read moreLondon open: Financials, miners lead the rise
13th Mar 2012 08:38
- Standard Life, Pru in demand after results - Antofagasta, G4S lead the fallers - BoJ maintains rates, ups asset purchases The Footsie rose strongly on Tuesday helped by some well-received full-year results from insurers and a decent performance by banking and mining stocks as risk appetite increa
Read moreAstra sues FDA over generic versions of SEROQUEL
13th Mar 2012 07:20
Drugs giant AstraZeneca has filed a lawsuit against US regulators to overturn last week's denial of petitions with regard to generic versions of its SEROQUEL and SEROQUEL XR tablets. The tablets, also know as 'quetiapine fumarate', are an antispsychotic drug used in the treatment of schizophrenia,
Read moreLondon open: Stocks fall ahead of Greek debt-swap
6th Mar 2012 08:33
- IIF warns of 1trn euro damage to Eurozone. - Fresnillo bucks sector trend to rise after results. - Defensives in demand. With just a couple days to go before the Greek debt-swap deadline, investors were in a cautious mood as the Footsie slipped lower in early trading on Tuesday. Europe is awaiti
Read moreSector movers: Miners tumble on Chinese demand worries
5th Mar 2012 16:12
China's decision to lower its forecast for growth in 2012 knocked resource companies from the off today, with mining stocks being down an average 3.42 percent in afternoon trade. Wen Jiabao, the Premier of the world's second-largest economy, revealed that the country had reduced its gross domestic
Read moreFTSE 100 movers: Going overboard on Man
1st Mar 2012 12:29
Investors were going overboard on Man Group following the announcement of a more generous dividend policy and a slow-down in the net outflow of funds at the hedge fund manager. The group said funds under management (FUM) at the end of February clocked in at around $59.5bn, up from the end of 2011
Read moreLondon midday: Stocks rise with Eurozone in focus
1st Mar 2012 11:45
- Merkel willing to consider bailout fund increase. - Man Group surges after shaking up divi policy. - Tata weighing up a bid for Cable and Wireless Worldwide. -Italian and Spanish long-term bond yields fall below 5%. London's FTSE 100 index was trading at its highest levels of the day by lunchtime
Read moreLondon open: Man Group leads the rise early on
1st Mar 2012 08:46
- Man Group surges after shaking up divi policy. - Chinese manufacturing continues to expand. - Tata weighing up a bid for Cable and Wireless Worldwide. London's blue chips edged higher on Thursday morning, helped by a strong rise performance by Man Group. Meanwhile, Chinese manufacturing data help
Read moreAstraZeneca proposes boardroom shake-up as chairman retires
1st Mar 2012 07:28
Biopharmaceuticals giant AstraZeneca has announced that its Chairman of eight years, Louis Schweitzer, intends to retire at the start of September. The firm said that Lief Johansson, currently Chairman of telecoms group LM Ericsson and former Chief Executive Officer (CEO) of AB Volvo, will be propo
Read moreLondon midday: Risk appetite increases on Greek bailout hopes
20th Feb 2012 11:32
- Miners jump as investors seek riskier assets. - Officials optimistic about securing Greek bailout. - PBoC cuts RRR for banks. With the possibility of a Greek bailout edging closer, and China moving to ease fears of a 'hard-landing' over the weekend, UK stocks had extended gains by lunchtime, wit
Read moreLondon close: Stocks finish down with Greece in focus
15th Feb 2012 16:38
- Oil rises on supply concerns. - PBOC to keep buying Eurozone debt. - Samaras to honour terms of new package. Despite an earlier rise, the FTSE 100 index slumped in afternoon trade to finish in the red as strong performance by banks was offset by some heavyweight stocks that went ex-dividend. All
Read moreSector movers: Electricals rise, while ex-div stocks drag pharmaceuticals lower
15th Feb 2012 16:09
The full-year results from industrial materials maker Morgan Crucible were received well on Wednesday, helping to push the electronic and electrical equipment sector higher. Morgan Crucible saw record revenues and operating profit in 2011, with the group making rapid progress towards the attainment
Read moreFTSE 100 movers: Ex-dividend stocks provide a drag
15th Feb 2012 14:46
Drugs giant AstraZeneca plunged into bottom spot, followed by sector peer GlaxoSmithKline and big oil players BP and Shell, after all four went ex-dividend today. Shares of ITV took a hit following a downgrade from Peel Hunt. The broker said that with the shares of the broadcaster having gained ste
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