Broker tips: British Land, ITV, Wood Group
15th May 2015 11:19
British Land was extending gains made the previous session following a solid annual report, Goldman Sachs and Canaccord Genuity both raised their target prices for the shares and kept 'buy' ratings, while Numis Securities reiterated an 'add' recommendation and Exane BNP Paribas left its 'outperform'
Read moreGoldman sees positive catalysts for British Land, raises target price
15th May 2015 10:24
British Land extended gains on Friday morning following a solid annual report a day earlier, as a host of analysts issued positive ratings for the stock. Goldman Sachs and Canaccord Genuity both raised their target prices for the shares and kept 'buy' ratings, while Numis Securities reiterated an 'a
Read moreLondon open: Stocks edge higher as corporate updates impress
15th May 2015 08:54
UK stocks edged higher on Friday morning ahead of what is expected to be another quiet session, though trading volumes are expected to pick up slightly. The FTSE 100 was up 0.38% at 6,999.81 early on with corporate updates from a number of blue chips being warmly-received by investors. Markets acro
Read moreLondon close: Stocks stage late rally after positive US labour data
14th May 2015 16:44
After a negative start, UK stocks rallied into the close as improving labour-market data from the States lifted sentiment. After a choppy week, owing mainly to volatility on the government bond market, Wall Street indices opened higher following a Labor Department report which showed that US jobless
Read moreLondon midday: Stocks erase losses as markets continue erratic moves
14th May 2015 11:34
UK stocks erased losses by Thursday lunchtime on a quiet session for economic data, though concerns about Greece were limiting upside. Reports that Greek finance minister Yanis Varoufakis has called for the European Central Bank to delay Athens' debt repayments shook sentiment among investors. The
Read moreLondon open: Markets dip on mixed earnings, ex-div stocks fall
14th May 2015 08:15
UK shares declined on Thursday morning ahead of a quiet session in terms of economic data, with corporate earnings coming in mixed and a number of ex-dividend stocks in the red. The FTSE 100 was down 0.58% at 6,909.22 early on. Global stock markets closed in a mixed fashion on Wednesday on the back
Read moreLondon pre-open: Stocks to fall ahead of quiet session
14th May 2015 07:35
UK stocks are set to fall on Thursday with City sources predicting the FTSE 100 to open 18 points lower than Wednesday's close of 6,949.63. Global stock markets closed in a mixed fashion on Wednesday on the back of a conflicting economic data across the world: a raft of Chinese indicators disappoint
Read moreBritish Land annual profits improve in "positive market"
14th May 2015 07:06
Property development and investment giant British Land met forecasts with a small increase in profits in the year ended 31 March, helped by a "positive market". The company, which owns London office and residential properties and a national retail portfolio, reported an underlying pre-tax profit of
Read moreThursday preview: British Land to report strong annual results, says UBS
13th May 2015 13:39
British Land is expected to report strong annual results, driven by rising capital values and increasing investment in UK real estate. UBS forecasts earnings per share of 30.7p, up from 29.4p a year earlier, and a dividend of 27.7p compared to 2014's 26.9p. "We will be looking for commentary on the
Read moreFacebook expands presence in London at British Land's Regent's Place
22nd Apr 2015 08:18
Real estate group British Land has announced that social media giant Facebook has secured a number of new offices in London on its Regent's Place site. The US firm has signed an agreement for lease at 338 Euston Road and it will occupy the fifth floor of the building, as well as floors nine to sixte
Read moreTuesday broker round-up
14th Apr 2015 17:12
Marks&Spencer: UBS reiterates buy and lifts target price to 625p from 590p. HSBC: Credit Suisse reiterates underweight stance and Investec its recommendation to sell. Barclays: Credit Suisse reiterates neutral and 250p target. Tesco: Deutsche reiterates buy and 275p target price. Royal Dutch Shel
Read moreLondon open: Stocks inch higher ahead of data, but Greek worries persist
14th Apr 2015 08:19
After an initial drop, London's Footsie bounced into positive territory on Tuesday morning, though gains were only modest as investors awaited key economic data and reacted to uncertainty in Greece. Reports that Athens is preparing for a debt default if it can't reach a deal with its creditors were
Read moreLondon pre-open: Stocks to fall ahead of economic data
14th Apr 2015 07:44
London stocks are expected to retreat further from their recent records on Tuesday ahead of some key economic data, including UK inflation and US retail sales. Uncertainty in Greece is also likely to weigh on sentiment on reports that Athens is preparing for a debt default if it can't reach a deal w
Read moreThursday broker round-up
26th Mar 2015 17:39
Reckitt Benckiser: JP Morgan ups target price to 2,750p from 2,400p, reiterates underweight. Premier Farnell: UBS hikes target to 190p from 165p, reiterates neutral. Serco Group: Credit Suisse lowers target to 171p from 208p, reiterates neutral. Land Securities: Morgan Stanley ups target to 1,470p
Read moreLondon open: FTSE 100 inches up on growing optimism over Greek deal
20th Mar 2015 09:11
London's leading FTSE 100 benchmark index posted mild gains on Friday amid renewed optimism from talks between Greece's new government and EU creditors in Brussels. The Greek government is now expected to present its reforms in the next days after wrangling with EU leaders who will then decide on th
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