Sunday newspaper round-up: Pressure on sterling, steel suppliers and Sajid Javid
8th Nov 2015 15:41
(ShareCast News) - The pound could plunge against the dollar to levels last seen during the financial crisis due to the increased likelihood of a US interest rate rise. Ever more economists predict December will see the Federal Reserve lift interest rates for the first time in years, while the Europ
Read moreThursday broker round-up
29th Oct 2015 09:10
(ShareCast News) - Diageo: Credit Suisse upgrades to outperform, bumps up target price to 2100.00p. Meggitt: WH Ireland downgrades to reduce. Centrica: Citigroup upgrades to buy. Target price: 260.00p. Bae systems: Credit Suisse downgrades to neutral, cuts target price to 460.00p. Wpp: JP Morgan
Read moreBroker tips: Glencore, BAE Systems, Speedy Hire
28th Sep 2015 16:55
(ShareCast News) - Glencore shares tumbled on Monday on the back of a fairly downbeat assessment from Investec, which warned the stock holds little value for shareholders. "The challenging environment for mining companies leads us to the question of how much value will be left for equity holders if
Read moreBernstein ups BAE Systems, cites attractive international positioning
28th Sep 2015 14:26
(ShareCast News) - Bernstein upgraded BAE Systems to 'outperform' from 'market perform', with an unchanged price target of 545p. It said the recent pullback in BAE's share price has widened the valuation gap compared to US peers considerably, without any corresponding deterioration of fundamentals.
Read moreFriday tips round up: BAE Systems, Wanda
28th Aug 2015 10:50
(ShareCast News) - The Telegraph's Questor said it was a good time to buy shares in BAE Systems, after the share price dipped earlier this week The defence group missed out on a $6.8bn contract to build 17,000 vehicles for the US Army and Marines earlier this week, Questor wrote, but this wasn't the
Read moreBAE Systems's sales boosted by European Typhoon and currencies
30th Jul 2015 08:37
(ShareCast News) - Increased sales linked to the European Typhoon fighter aircraft project and favourable currency tailwinds lifted first half sales at aerospace giant BAE Systems, as the company reiterated its guidance for full-year earnings per share. Sales rose 11.3% to reach £8,472m boosted by £
Read moreMonday newspaper round-up: Barclays, Greece, BAE Systems
20th Jul 2015 07:44
(ShareCast News) - Barclays is planning to cut more than 30,000 of its staff within two years as the struggling bank considers accelerating a group-wide cost-cutting programme after firing Antony Jenkins, its chief executive, this month. A radical redundancy programme that could lead to the lender's
Read moreSunday newspaper round-up: Bank ring-fence, Standard Chartered, interest rates
19th Jul 2015 16:26
(ShareCast News) - The looming ring-fence plan to separate bank's investment and retail arms may be watered down as part of the government's attempts to re-engage with the City. The Sunday Times has been told by senior City and Treasury sources that behind-the-scenes talks with the Bank of England h
Read moreFriday broker round-up
10th Jul 2015 14:03
(ShareCast News) - Anglo American: Citi upgrades to neutral. Ashmore: Jefferies reiterates buy but shaves target price to 373.5p, Cannacord reiterates hold. Aviva: Barclays reiterates neutral stance and nudges target to 637p from 632p, Berenberg keeps at sell. BaE Systems: Berenberg upgrades to bu
Read moreBerenberg upgrades BAE Systems, says Saudi market overlooked
10th Jul 2015 10:04
Berenberg Bank upgraded its rating for BAE Systems from 'hold' to 'buy' and said the company's Saudi market opportunity has been over looked. The bank lifted its price target for the UK's biggest defence firm from 461p to 570p, in a note to investors. Berenberg said more activity in Saudi will gene
Read moreFTSE 100 movers: Aviva tops risers, housing and property shares fall
8th Jul 2015 16:58
On the day of Chancellor George Osborne's summer Budget, the FTSE 100 was in the green thanks to political boosts for several key sectors and optimistic buying of commodities companies. Aviva was the highest riser just before close on Wednesday, after the Budget saw the chancellor reduce the tax adv
Read moreLondon close: Footsie rises despite China worries
8th Jul 2015 16:30
UK stocks advanced on Wednesday in spite of a sell-off in China overnight and ongoing uncertainties surrounding Greece, with traders eagerly awaiting reform proposals from Athens on Thursday. The FTSE 100 ended the day up 0.91% at 6,490.70, after settling at 6,432.21 on Tuesday, its lowest since 16
Read moreGoldman Sachs expects rethink on bank levy in UK Budget
7th Jul 2015 12:43
Ahead of Chancellor George Osborne's Budget on Wednesday, here's a round-up of what Goldman Sachs expects. For UK banks, attention will be focused on any potential reform of the bank levy, as Osborne did not discuss it in his Mansion House speech in June, despite prior speculation. Goldman does not
Read moreLondon close: Stocks slip after Greek 'no' vote, but downside limited
6th Jul 2015 16:38
UK stocks finished with moderate losses on Monday in the aftermath of the Greek public's rejection of creditors' bailout proposals, with Rolls-Royce dropping sharply after a profit warning and miners bearing the brunt of a reduction in risk appetite. The result of Sunday's Greek referendum showed th
Read moreFTSE 100 movers: Rolls-Royce leads blue chips lower after profit warning
6th Jul 2015 15:09
London's blue chips were trading firmly in negative territory on Monday in the aftermath of the Greek public's decision to reject creditors' bailout proposals, with Rolls-Royce and a host of commodity stocks providing a drag. Engine maker Rolls-Royce had trimmed losses by the afternoon but was still
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