Housing stocks gain as BoE unveils 'modest' measures to cool market
26th Jun 2014 13:31
The Bank of England (BoE) announced a series of measures on Thursday to cool the housing market, which it claims is the biggest risk to the economic recovery. However, housing stocks rose strongly in London as investors breathed a sigh of relief in reaction to the proposals which "look - at least a
Read moreLondon midday: Markets erase gains as Barclays and StanChart slump
26th Jun 2014 12:12
- LSE jumps after $2.7bn purchase of Frank Russell - Housebuilders jump as Carney announces "soft" measures to cool housing - Barclays facing allegations of fraud - StanChart reports "disappointing first half" techMARK 2,800.86 +0.42% FTSE 100 6,733.63 0.00% FTSE 250 15,595.09 +0.91% UK markets we
Read moreSunday share tips: Debenhams, Johnston Press, Carpetright
22nd Jun 2014 14:13
Steer clear of shares in Debenhams, Questor advised in the Sunday Telegraph. There was no repeat of the December 31st profit warning when the department store group published its trading statement on June 20th. Trading was in line with expectations. But Debenhams has damaged its brand by repeatedly
Read moreTate & Lyle divisional head pockets half a million on share sale
20th Jun 2014 16:10
Tate & Lyle's President of speciality food ingredients has sold 74,588 shares in the sugar and sweetener giant after the shares were released under the group's performance share plan. Olivier Rigaud, who took up his current role at the sugars and sweeteners group in June 2010, traded the shares in
Read moreFriday broker round-up UPDATE
20th Jun 2014 09:46
Berkeley Group: Credit Suisse ups target price from 2506p to 2550p reiterating a neutral rating. Crest Nicholson: Jefferies takes target price from 419p to 434p and maintains a buy recommendation. Debenhams: Investec lowers target price from 64p to 62p retaining a sell recommendation. Infinis: De
Read moreThursday broker round-up UPDATE
19th Jun 2014 08:56
BAE Systems: Westhouse Securities initiates with a target price of 360p and a sell recommendation. Berkeley Group: Deutsche Bank increases target price from 2587p to 2877p retaining a hold recommendation. Jefferies raises target price from 2477p to 2543p and keeps a hold recommendation. BG Group:
Read moreThursday tips round-up: Berkeley Group, BT Group
19th Jun 2014 08:06
At an 8% dividend yield shares of Berkeley Group pose a bit of a puzzle to investors. Usually such a high yield signals that the market has doubts about the company. On the other hand, however, its shares trade at nearly twice the net asset value, which is as silly a valuation as it is expensive.
Read moreBroker tips: BT, Wm Morrison, Berkeley...
18th Jun 2014 12:41
BT and Virgin Media owner Liberty Global offer investors the best way to cash in on fixed-line telecom companies' assault on the mobile market, according to broker Goldman Sachs. Goldman said fixed-line players such as BT, which plans to launch business and household mobile products later this year
Read moreLondon midday: Oil stocks lead markets higher ahead of FOMC
18th Jun 2014 11:48
- FOMC meeting to keep traders cautious - Iraq tensions escalate as rebels attack refinery - BoE in focus amid rate-hike speculation techMARK 2,800.97 +0.23% FTSE 100 6,795.76 +0.43% FTSE 250 15,610.03 +0.16% UK equities rose on Wednesday ahead of a policy decision at the Federal Open Market Commi
Read moreNumis upgrades Berkeley to 'add'
18th Jun 2014 11:23
Numis Securities has upgraded housebuilder Berkeley Group from 'hold' to 'add', saying that the stock is "too cheap" after a broadly in-line set of annual results. Pre-tax profits in the year to April increased by 40.4% to £380m, slightly ahead of Numis' £372m forecast. The broker has raised its e
Read moreWednesday broker round-up UPDATE
18th Jun 2014 09:03
Ashtead Group: Barclays ups target price from 930p to 946p retaining its overweight rating. Berkeley Group: Numis upgrades from hold to buy with a target price of 2491p. Brown (N) Group: Oriel places its buy recommendation under review. BT Group: Jefferies ups target price from 440p to 470p and k
Read moreLondon open: UK stocks rise as investors await BoE minutes, Fed
18th Jun 2014 08:29
- Supermarkets, telecoms lift markets higher - Fed in focus ahead of policy decision - BoE minutes closely watch amid rate-hike speculation techMARK 2,801.10 +0.23% FTSE 100 6,787.81 +0.31% FTSE 250 15,598.89 +0.09% UK stocks markets were putting a decent performance on Wednesday, helped by gains
Read moreBerkeley benefits from London boom but bubble worries weigh - UPDATE
18th Jun 2014 07:11
- EPS 221p well ahead of consensus - Final dividend of 90p - On track to deliver 243p more by Sept 2015 - Fears of housing fizzle hit shares Housebuilder Berkeley is making the most of the roaring market in London and the South East, building on every inch of land where it has permission and benefi
Read moreFTSE 250 movers: Petra Diamonds sparkles after latest discovery
13th Jun 2014 14:30
Miner Petra Diamonds has recovered an "exceptional" 122.52-carat blue diamond at its Cullinan mine in South Africa. "The rarity of a blue diamond of this magnitude sets it apart as a truly significant find," the company said in a statement. RBC Capital upped its target price from 180p to 200p, ret
Read moreLondon midday: FTSE near six-week low as rate-hike speculation sinks housebuilders
13th Jun 2014 11:35
- Housing stocks fall sharply - Carney signals impending rate hike - Osborne acts to cool housing market - Oil stocks track crude higher on Iraq tensions techMARK 2,806.77 -1.40% FTSE 100 6,771.65 -1.04% FTSE 250 15,802.08 -2.01% The increased possibility of a rate hike before the end of the year
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