25th Apr 2016 13:13
(ShareCast News) - Ted Baker: Jefferies upgrades to buy with a 3000p target. Howden Joinery Group: Goldman Sachs upgrades to neutral with a 515p target. Genel Energy: Barclays keeps at overweight with a target price of 115p and Canaccordreiterates speculative buy with a target of 165p. Royal Dutch
Read more22nd Apr 2016 13:54
(ShareCast News) - London's blue chips were on the back foot as the week came to a close, weighed down as the miners continued to lose ground for a second session and despite oil prices launching a new move higher. After the European Central Bank's tough-talking stance on Thursday, miners were being
Read more21st Apr 2016 12:57
(ShareCast News) - BHP Billiton's reduced forecasts for iron ore production led JP Morgan to further trim its projections for output in 2017, but the broker continued to believe the miner's valuation premium was "difficult to justify". Australia-focused BHP cut its production guidance for fiscal yea
Read more21st Apr 2016 12:16
(ShareCast News) - Petrofac: Jefferies downgrades to hold with a 855p target. ARM Holdings: Goldman Sachs stays at buy with a 1400p target, Citigroup keeps at neutral with a target price of 1045p and Exane BNP Paribas reiterates outperform with a target of 1300p. Zoopla: Barclays downgrades to equa
Read more20th Apr 2016 16:00
(ShareCast News) - Miners led on the upside throughout much of the session as some brokers weighed in with relatively upbeat assessments of the current market backdrop for the sector and industrial metals prices' continued their push higher. On Wednesday, it was Anglo American's turn at the top of t
Read more20th Apr 2016 13:47
(ShareCast News) - The slight improvement in China's fundamentals did not justify in miners' equity prices, Investec said, but recent events surrounding the sector nevertheless prompted the broker's analysts to boost their target prices for many of the companies under their coverage and to move to a
Read more20th Apr 2016 07:44
(ShareCast News) - BHP Billiton was talking up its strengths in a trading update on Wednesday, as it lowered its production guidance for iron ore. The FTSE 100 firm said it was on track to deliver an average unit cost improvement of 14% across its major assets, with productivity gains continuing to
Read more19th Apr 2016 17:31
(ShareCast News) - Shares in miners surged again as sentiment towards the sector continued to thaw on Tuesday, amid more bullish views from some strategists in the previous session and a soft US dollar. That sent a pan-European gauge of stocks in the sector, the DJ Stoxx 600's Basic Resource sub-ind
Read more18th Apr 2016 16:08
(ShareCast News) - Shares in miners paced gains as the prices of several key industrial metals bounced back and a leading commodities strategist said that for the first time in three years probabilities around a base-case were shifting to the 'bullish' rather than the 'bearish' side. "Commodity mark
Read more18th Apr 2016 16:06
(ShareCast News) - The FTSE 100 ended higher on Monday, recovering from earlier declines as crude oil futures bounced back from the steep losses seen at the start of trading. Oil prices were under pressure throughout most of the session after members and non-members of the Organization of the Petrol
Read more18th Apr 2016 07:23
(ShareCast News) - Leaving the EU would cost households £4,300 a year making them "permanently poorer", chancellor George Osborne will say on Monday when the government publishes its long-term assessment of the economic costs of Brexit. Saying that British people should be "builders, not wreckers",
Read more13th Apr 2016 19:58
(ShareCast News) - A surge in basic resources and bank shares gave equity benchmarks around the world a leg up on Wednesday, following data out of the People's Republic of China which showed exports rising at their fastest pace in over a year. The DJ Stoxx 600 gauge of basic resource sector shares l
Read more12th Apr 2016 07:28
(ShareCast News) - Italy's strongest banks, insurers and asset managers have agreed to create a €5bn backstop fund to bail out weaker lenders in an effort to calm growing investor concern about the stability of the banking sector of the eurozone's third-largest economy. The rescue fund, announced by
Read more11th Apr 2016 07:21
(ShareCast News) - Negative interest rates risk hitting consumer spending and undermining the economic growth they are intended to encourage, the head of the world's largest asset management group has warned. Larry Fink, chief executive of BlackRock, said that not enough attention was being given to
Read more18th Mar 2016 15:15
(ShareCast News) - BHP Billiton director Malcolm Broomhead showed his faith in the company by purchasing 10,000 shares on Friday at AUD$17.34 a piece. F&C Reals Estate's David Ross spent £18,000 buying 18,760 shares in his firm at 96.5p each. Top Director Buys BHP Billiton (BLT) Director name: Bro
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