London open: Markets helped higher by German sentiment
29th Jan 2013 08:20
Stock markets began Tuesday's session moderately higher with German sentiment data providing some support, as indices attempted to hold on to their recent gains after an impressive start to 2013. So far in January, the FTSE 100 has risen over 400 points, equal to a 6.9% jump. "European financial
Read moreLondon pre-open: FTSE expected to break through 6,300 level early on
29th Jan 2013 07:28
City sources predict the FTSE 100 will open up 12 points from yesterday's close of 6,294, pushing the index above the 6,300 mark for the first time since May 2008. In the US, mixed economic data resulted in a broadly flat end to Monday's session, with traders taking a breather following an impress
Read moreTuesday broker round-up UPDATE
29th Jan 2013 07:26
Anglo American: JP Morgan takes price target from 1630p to 1680p, while its underweight rating remains unchanged. ARM Holdings: Jefferies raises target price from 693p to 805p keeping a hold recommendation. Astra Zaneca: Barclays ups target price from 3100p to 3200p and retains an equal-weight rat
Read moreBritish Land making progress in tough conditions
29th Jan 2013 06:59
Real estate giant British Land said it continued to perform well in the third quarter and saw 'encouraging' levels of demand in spite of tough market conditions. The company said that in the face of subdued economic growth, weak consumer spending and an increased leave of retailer bankruptcies, occ
Read moreMonday broker round-up - UPDATE
28th Jan 2013 08:04
Amino Technologies: Northland Capital takes price target from 75p to 80p reiterating a buy recommendation. Anglo American: Deutsche Bank shifts target price from 2230p to 2200p and retains a buy recommendation. Anite: Panmure Gordon increases target price from 165p to 170p and maintains a buy rati
Read moreMonday broker round-up UPDATE
21st Jan 2013 07:02
Abbey Protection: Numis increases target price from 90p to 120p and upgrades to add. Admiral: Goldman Sachs upgrades to buy from neutral, raising its price target to 1500p from 1160p before. Aggreko: Bank of America lowers target price from 2700p to 1950p and downgrades to neutral. Anglo Americ
Read moreSABMiller Marketing Director trades in shares
15th Jan 2013 16:53
Nick Fell, the Marketing Director of SABMiller, has sold 12,400 shares, it was announced Tuesday. The transaction, which took place last week, saw Fell trade in the shares at 2,886.82p per share, pocketing a total of £357,966 before tax. At the end of November the company reported that it had bee
Read moreAggreko execs show their faith with share purchases
21st Dec 2012 16:15
Three executives from Aggreko, the FTSE 100 temporary power and temperature control group, showed their faith in the firm this week, topping up their interests a couple of days after it disappointed the market with a downbeat outlook for 2013. Ken Hanna, Chairman, purchased 6,750 shares at 1,736p e
Read moreLondon open: Aggreko drags Footsie lower early on
17th Dec 2012 08:18
The FTSE 100 opened flat on Monday morning with the focus firmly on the impending 'fiscal cliff' in the US as markets prepare for the Christmas holiday. Aggreko was providing a drag on the index after giving a gloomy outlook for 2013. "European equities are trading little changed to slightly higher
Read moreBritish Land lets out more space in Leadenhall Building
17th Dec 2012 07:40
Real estimate investment trust British Land said that its half-owned Leadenhall Building in the City of London is to be 51 per cent pre-let. British Land's 50:50 joint venture with Oxford Properties has agreed non-binding heads of terms with FTSE 250 insurance company Amlin for a 111,000 square-foo
Read moreLondon open: Stocks unchanged on 'fiscal cliff' developments
30th Nov 2012 08:21
The FTSE 100 opened flat on Friday morning as investors showed caution following some mixed comments from US politicians regarding the 'fiscal cliff'. Markus Huber, head of German HNW trading at ETX Capital, said: "European equities are trading little changed this morning despite less encouraging n
Read moreLondon pre-open: Cautious start expected after 'fiscal cliff' comments
30th Nov 2012 07:27
The FTSE 100 index is expected to open broadly flat on Friday morning as investors show caution following some mixed statements from US politicians on the 'fiscal cliff' last night. City sources predict that the Footsie will open just a couple of points lower than yesterday's close of 5,870. Market
Read moreBritish Land rents out more space in the West End
30th Nov 2012 07:04
Real estate investment group British Land has let 24,392 square foot of office space at its new West End development at 10 Portman Square, the company announced on Friday. Aramco Overseas Company UK Ltd, the UK affiliate of the Saudi Arabian oil company, has leased the fifth and part fourth floors
Read moreLondon open: Stocks gain on US budget hopes
29th Nov 2012 08:22
UK equities opened strongly on Thursday morning with mining stocks leading the risers on the back of optimism that US policy-makers will eventually agree on a deal to avert the 'fiscal cliff'. "European equities are trading higher this morning managing to extend yesterday's afternoon late turnaroun
Read moreLondon pre-open: Comments from Boehner and Obama to boost FTSE
29th Nov 2012 07:29
City sources predict the FTSE 100 will open up 23 points from yesterday's close of 5,803, as the prospect of solving the problem of the looming US 'fiscal cliff' as comments from the Republican Speaker of the House and President Obama gave a strong indication that relations between the two are impro
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