London pre-open: Small bounce expected on FTSE ahead of further data
16th Oct 2014 07:45
London-listed stocks are expected to make a modest recovery following sharp losses in Wednesday's session. City sources predict the FTSE 100 will open around 35 points higher than the previous close of 6,211.64. Thursday is set to be another busy day, with investors looking ahead to the weekly jobl
Read moreBunzl third-quarter revenues rise 6% thanks to acquisitions
16th Oct 2014 07:15
International distribution and outsourcing firm Bunzl said third quarter revenue increased 6% year-on-year on a constant exchange rate basis as acquisitions came on stream. This was thanks in large part due to underlying growth of approximately 3% and the positive impact from 13 acquisitions so far
Read moreLondon close: Ebola and economic woes hit stocks
7th Oct 2014 16:22
London shares were on their sickbed on Tuesday as investors fretted about the Ebola virus and disappointing economic data, although takeover activity buoyed miners. The FTSE 100 Index closed 68.07 points adrift at 6495.58 as a fresh case of Ebola in Spain hit shares in airlines and travel compani
Read moreLondon open: Stocks edge higher ahead of FOMC, BoE minutes
17th Sep 2014 08:20
UK stocks edged higher on Wednesday morning after a positive session on Wall Street, though gains were only modest ahead of the hotly-anticipated Federal Open Market Committee (FOMC) statement and Bank of England minutes. London's FTSE 100 was trading 0.2% higher at 6,805 in early deals, after settl
Read moreWednesday broker round-up UPDATE
27th Aug 2014 09:57
Antofagasta: Westhouse Securities reduces target price from 885p to 805p and stays with its neutral rating. Bunzl: Deutsche Bank ups target price from 1508p to 1565p leaving its hold recommendation unchanged. Chime Communications: Canaccord Genuity lowers target price from 390p to 385p and maintai
Read moreLondon close: Stocks end higher after US data beats forecasts
26th Aug 2014 17:07
- FTSE closes up 47.51 at 6,822.76 - UK services growth suffers slowdown - US durable goods jump 22.6% techMARK 2,833.11 +0.35% FTSE 100 6,822.76 +0.70% FTSE 250 15,998.00 +0.74% It was a strong finish to Tuesday's session, with traders keen to keep up with the gains seen amongst global equities d
Read moreFTSE 100 movers: ABF lifted by JPMorgan rating
26th Aug 2014 16:37
Associated British Foods was a top performer on Tuesday after JPMorgan Chase & Co. reiterated its 'overweight' rating on the stock. RSA was higher after Bank of America gave the stock a 'buy' recommendation, up from its previous rating of 'neutral', prompted by a cleaner balance sheet and better m
Read moreLondon open: FTSE tracks gains in US
26th Aug 2014 09:26
- Jackson hole comments drive gains - S&P 500 surpasses 2,000 - Bunzl, WPP gain techMARK 2,828.25 +0.18% FTSE 100 6,800.64 +0.37% FTSE 250 15,924.69 +0.27% London's blue chips delivered decent gains on Tuesday morning as they followed in the steps of US stocks, which on Monday night were driven hi
Read moreBunzl boosts H1 profits and dividend despite currency turmoil
26th Aug 2014 08:43
Strong performances in emerging and Western markets have helped packaging and cleaning supplies group Bunzl to lift underlying half-year profits and its dividend, although currency turbulence took its toll. Bunzl said pre-tax profit in the six months to 30 June increased by 14% to £176.6m at consta
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
Read moreLondon open: UK stocks near two-month low as Iraq fighting escalates
25th Jun 2014 08:32
- Syria carries out airstrikes in Iraq - Ukraine in focus as West considers more sanctions against Russia - US GDP to be revised lower techMARK 2,796.66 -0.44% FTSE 100 6,747.40 -0.58% FTSE 250 15,499.81 -0.30% UK stocks dropped sharply on Wednesday morning with the FTSE 100 trading at levels not
Read moreLondon pre-open: FTSE to track US lower ahead of GDP Q1 revision
25th Jun 2014 07:40
UK stocks are headed for a sharp drop early on following late losses over in the States last night, which saw the Dow Jones suffer triple-digit losses and prompted declines in Asia overnight. City sources predict the FTSE 100 will open around 32 points lower than yesterday's close of 6,787.07. US
Read moreBunzl on track for half-year targets
25th Jun 2014 07:40
- Trading remains in line with expectations - Expects positive underlying revenue across business - Negative currency effect to weigh on results Packaging group Bunzl said overall trading has remained consistent with expectations since its last update in April and expects positive underlying reven
Read moreWife of Beazley CEO sells 200,000 shares
15th May 2014 15:57
The wife of David Horton, the Chief Executive Officer of Beazley, has sold 200,000 shares in the global specialist risk insurance and reinsurance business, thereby reducing his interest to 1.58m shares. Sophie Horton sold the shares at 244.50p a piece, giving the deal a trade value of £489,000.
Read moreThursday broker round-up UPDATE
15th May 2014 09:43
Anglo American: Credit Suisse ups target price from 1800p to 1850p downgrading to neutral. ASOS: Berenberg initiates with a target price of 5350p and a buy recommendation. Barclays: Jefferies lowers target price from 345p to 325p, while staying with its buy recommendation. Bioquell: N+1 Singer pl
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