Sector movers: Defensive stocks sought as geopolitical tensions rise
18th Jul 2014 13:48
Defensive stocks were in demand in London on Friday as investors sold off 'riskier' assets in search for safety amid heightened geopolitical tensions across the globe. World leaders have demanded answers after the shooting down of a Malaysia Airlines jet over eastern Ukraine, with 298 people on boa
Read moreFriday broker round-up UPDATE
18th Jul 2014 07:55
Barclays: Credit Suisse cuts target price from 275p to 235p retaining a neutral rating. Barratt Developments: Liberum Capital reduces target price from 468p to 387p and downgrades to hold. Bellway: Liberum Capital reduces target price from 1900p to 1764p, while leaving its buy recommendation uncha
Read moreLondon midday: Chinese and UK data give FTSE 100 a boost
16th Jul 2014 11:58
- Chinese GDP growth picks up to 7.5% - UK unemployment at lowest since 2008 - Meggitt jumps on M&A hopes - Rio Tinto leads miners higher techMARK 2,808.69 +1.03% FTSE 100 6,771.71 +0.91% FTSE 250 15,592.03 +0.98% Stocks in London jumped on Wednesday morning as a surprise pick-up in Chinese growth
Read moreLondon open: Chinese GDP gives stocks a boost, Meggitt jumps
16th Jul 2014 09:08
- Chinese growth picks up to 7.5% in Q2 - Meggitt jumps on M&A speculation - Analysts continue to digest Yellen comments - Rio Tinto rises after "very strong" first half techMARK 2,796.59 +0.59% FTSE 100 6,741.30 +0.46% FTSE 250 15,502.90 +0.40% Stronger-than-expected economic growth in China help
Read moreLondon pre-open: Stocks seen rising as Chinese growth picks up
16th Jul 2014 07:53
UK stocks are expected to open with small gains on Wednesday after economic growth in China came in ahead of forecasts. City sources predict the FTSE 100 will open around 19 points higher than Tuesday's close of 6,710.45. Chinese gross domestic product (GDP) grew at an annual rate of 7.5% in the s
Read moreBritish Land making hay as office and retail markets shine - UPDATE
16th Jul 2014 07:10
- Lettings and renewals 3.2% higher than ERV - Office and retail markets both strengthening - Q1 dividend confirmed up 2.5% at 6.92p British Land reported a good start to the year as it continues to make the most of strong markets, with the occupational and investment markets in London and retail
Read moreMayor Boris Johnson drives new laws to release London land for housing
15th Jul 2014 14:38
UK housebuilders are optimistic that the Mayor of London, Boris Johnson, can push legislation through parliament that will accelerate the release of public land in the capital to build new homes. Currently in the rest of England outside London, the Homes & Communities Agency, the national housing a
Read moreFTSE 100 movers: Sports Direct lifted by partnership deal
14th Jul 2014 15:36
Shares of Sports Direct were this afternoon's biggest risers after it was announced that the sportswear retailer has teamed up with MySale, the flash sale fashion retailer, to launch in Australia and New Zealand. Adding to the positive mood, the Sunday Times's Danny Fortson rejected opposition to M
Read moreBritish Land completes second letting at Marble Arch House
14th Jul 2014 13:53
British Land has completed the second letting at its seven-floor office space in Marble Arch House in London's West End, it announced on Monday. The 10-year lease has been agreed with Access Industries, which will occupy the sixth floor. The fifth floor was previously let, also on a 10-year lease,
Read moreXcite Energy CFO more than doubles stake to 38,000 shares
9th Jul 2014 15:58
In a day of few significant deals, the Chief Financial Officer of oil focused Xcite Energy has significantly increased his stake in the group with the purchase of 38,000 shares. Andrew Fairclough, who took up his role in February, now holds 53,000 shares following the 67p-a-share transaction. A
Read moreLondon midday: Stocks gain as UK construction PMI hits four-month high
2nd Jul 2014 12:04
- UK construction PMI hits four-month high - ADP report, factory orders in focus Stateside - Service PMIs, ECB and jobs report due out tomorrow - Mothercare jumps on foreign interest techMARK 2,841.71 +0.32% FTSE 100 6,823.02 +0.30% FTSE 250 15,907.17 +0.42% Figures showing a surprise pick-up in U
Read moreLondon open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read moreLand Secs' Bluewater deal to lift shopping centre valuations, says Deutsche Bank
26th Jun 2014 12:01
Deutsche Bank said that Land Securities' £656m purchase of a 30% stake in shopping centre Bluewater will likely lift valuations of shopping centres across the UK. Land Securities said that overall net initial yield after the expiry of rent-free periods is 4.1%. However, Deutsche Bank estimated th
Read moreFTSE 100 movers: Land Securities provides lift to property groups
25th Jun 2014 15:50
Bid target Shire was propelled higher after it received a boost from the US courts, which blocked competitors from selling generic versions of its Vyvanse branded drug for attention-deficit hyperactivity disorder (ADHD). Land Securities's decision to take a 30% stake in shopping centre Bluewater
Read moreLondon midday: Iraq concerns push stocks lower ahead of US data
25th Jun 2014 11:30
- FTSE 100 on track to close at two-month low - Iraq situation worsens, Ukraine still in focus - Bunzl disappoints with trading update - Oil stocks fall, real estate gains techMARK 2,794.32 -0.53% FTSE 100 6,744.97 -0.62% FTSE 250 15,458.96 -0.57% UK stocks were firmly in the red on Wednesday as o
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