London midday: UK stocks at six-week low after hawkish comments from Yellen
20th Mar 2014 12:01
- Yellen comments rattle markets on tightening fears - FOMC tapers asset purchases by another 10bn dollars/month - Next impresses with full-year results - Changes in Budget continuing to affect stocks techMARK 2,788.04 -1.09% FTSE 100 6,500.19 -1.11% FTSE 250 16,174.99 -1.00% UK stocks dropped sha
Read moreThursday broker round-up UPDATE
20th Mar 2014 09:19
Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell. Investec cuts target price from 753p to 726p keeping its sell recommendation. Ashmore Group: HSBC Holdings lowers target price from 410p to 400p retaining its overweight rating. Avacta Group: Numis shifts target
Read moreLondon open: Stocks drop after hawkish comments from Yellen
20th Mar 2014 08:21
- Yellen says rate hike could come six months after QE ends - Fed continues to taper by 10bn dollars a month - Next impresses with full-year results techMARK 2,804.74 -0.50% FTSE 100 6,546.18 -0.41% FTSE 250 16,267.89 -0.43% UK stocks fell on Thursday morning, following a sell-off on US and Asian
Read moreFTSE 100 movers: Standard Chartered jumps on Swiss bank sale plan
12th Feb 2014 14:21
Standard Chartered was the top riser after appointing a new head of its private banking unit and unveiling plans to sell its Swiss private bank as part of its strategy of narrowing its regional focus. According to The Wall Street Journal, the move followed a comprehensive review by the group. Babc
Read moreBabcock-Costain JV with Alstom to work on UK rail electrification programme
12th Feb 2014 11:05
ABC Electrification, the joint venture between UK engineering groups Babcock and Costain and French transport firm Alstom, has been appointed to Network Rail's two billion-pound National Electrification Programme. ABC will be one of the four suppliers to help Network Rail to electrify more than two
Read moreWednesday tips round-up: Barclays, Thomas Cook, Babcock
12th Feb 2014 07:20
Don't try to please everyone, at best you will only please some of them some of the time. The advice given to most children holds true for Barclays Chief Executive Antony Jenkins. Since taking the helm in 2012 he has undertaken measures to please most stakeholders in the lender: government (regulato
Read moreStocks rise as Yellen strikes balanced tone, tensions in China ease
11th Feb 2014 17:24
- Yellen: Tapering to continue as long as incoming data supports - Precious metal miners track metal prices higher - Retailers gain after economic data - Barclays drops seven per cent after 2013 results disappoint techMARK 2,836.39 +1.06% FTSE 100 6,672.66 +1.23% FTSE 250 16,078.28 +1.05% UK ma
Read moreFTSE 100 movers: Barclays dives on poor results
11th Feb 2014 14:50
Barclays was the big faller of the day after the banking giant posted a worse-than-expected 32 per cent fall in 2013 adjusted pre-tax profit, with costs coming in higher than predicted. The group also unveiled its plan to cut between 10,000 and 12,000 job this year, 7,000 of which will be in the UK.
Read moreUK stocks rise ahead of Yellen, but Barclays slumps
11th Feb 2014 11:37
- Barclays drops seven per cent after 2013 results disappoint - Markets expecting 'dovish' Yellen, says analyst - Miners track metal prices higher - Retailers gain after economic data techMARK 2,825.35 +0.66% FTSE 100 6,643.63 +0.79% FTSE 250 16,012.87 +0.64% UK markets rose strongly on Tuesday as
Read moreLondon open: Stocks closing in on three-week high, but Barclays falls
11th Feb 2014 08:32
- Barclays down as profits fall - Babcock, miners, retailers lead the upside - Markets focus on Yellen ahead of House testimony techMARK 2,824.94 +0.65% FTSE 100 6,645.74 +0.82% FTSE 250 16,015.55 +0.66% UK markets were performing well on Tuesday morning as decent gains from Babcock, mining stocks
Read moreLondon pre-open: Stocks seen higher ahead of Yellen
11th Feb 2014 07:25
UK markets are expected to open with small gains on Tuesday following a decent performance by US and Asian stocks overnight as investors ready themselves for comments from new Federal Reserve Chair Janet Yellen. City sources predict the FTSE 100 will open 27 points higher than yesterday's close o
Read moreBabcock reports strong Q3, confident for full-year
11th Feb 2014 07:08
- Third quarter trading momentum continues - High activity levels as economic climate picks up - Confident of further strong progress this year Babcock International said it continues to experience positive market conditions across its business units in the UK and overseas and is confident of furth
Read moreSpeedy Hire signs new deal with Babcock
3rd Feb 2014 13:40
Speedy Hire shares climbed after the equipment rental and support services provider entered into a three-year services agreement with Babcock under which it will provide support to all of its UK divisions. The agreement, under which Speedy Hire will provide an extended range of plant and equipment
Read moreHICL invests in two new social infrastructure projects
27th Jan 2014 08:00
Investment group HICL Infrastructure has made two new acquisitions worth a total of 23.5m pounds, investing in the Holdfast Training Services Limited and the Sheffield BSF Schools project. The company has acquired a 26% stake in Holdfast, a public private partnership joint venture with support serv
Read moreMonday broker round-up UPDATE
20th Jan 2014 08:41
Admiral Group: Canaccord Genuity raises target price from 1160p to 1400p and upgrades to hold. African Barrick Gold: Westhouse Securities lowers target price from 170p to 160p and downgrades to sell. Alkane Energy: Liberum Capital downgrades to hold with a target price of 44p. Allocate Software:
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