London open: Markets slip as Sainsbury falls, Mothercare plummets
8th Jan 2014 08:46
- FTSE 100 pulls back from two-month high - Sainsbury, Mothercare, Majestic fall after updates - Risk events on tap, traders stay cautious techMARK 2,781.79 -0.27% FTSE 100 6,735.41 -0.30% FTSE 250 16,033.22 -0.22% UK stocks pulled back on Wednesday morning ahead of a number of key 'risk events' o
Read moreThursday newspaper round-up: Tapering, Oil and gas, Pension system
28th Nov 2013 07:49
The European Central Bank has warned that the risks to the global financial system from market turbulence have increased since May. In its bi-annual Financial Stability Review published yesterday the Eurozone's central bank warned in particular that the widely predicted slowing or tapering of Americ
Read moreComs Chief builds stake after 'significant' contract win
27th Nov 2013 15:59
David Breith, the Chief Executive Officer of Coms, on Tuesday acquired 1.53m shares, which the same day climbed after the group announced a "significant" contract win. Breith bought the shares at 4.48p each for a total of £68,544. The telecommunications and information technology specialist has s
Read moreLondon close: Fed's Yellen sparks gains on hopes of continued stimulus
14th Nov 2013 16:28
- Yellen comments in focus as taper speculation picks up - Corporate earnings come in mixed - Economic data weakens in UK, Eurozone techMARK 2,649.23 +0.90% FTSE 100 6,666.13 +0.54% FTSE 250 15,257.93 +0.51% Markets were able to shrug off some disappointing economic data on Thursday as hopes over
Read moreLondon midday: Markets pare gains after poor economic data
14th Nov 2013 11:33
- UK retail sales fall 0.7 per cent in October - French, German GDP paint gloomy picture - Yellen says Fed has 'more work to do' techMARK 2,644.91 +0.73% FTSE 100 6,656.19 +0.40% FTSE 250 15,279.90 +0.66% Hopes over a continuation of US stimulus prompted a strong start for the FTSE 100 on Thursday
Read moreLondon open: Stocks surge on stimulus hopes after Yellen comments
14th Nov 2013 08:17
- Yellen says Fed has 'more work to do' - FTSE 100 rebounds from four-week low - French, German GDP paint gloomy picture techMARK 2,649.73 +0.92% FTSE 100 6,688.86 +0.89% FTSE 250 15,335.50 +1.03% Dovish remarks from the soon-to-be Chair of the Federal Reserve gave markets a big boost on Thursday
Read moreLondon pre-open: Yellen comments to drive strong start
14th Nov 2013 07:32
City sources predict the FTSE 100 will open around 50 points higher than yesterday's close of 6,630, with investors expecting welcome dovish comments from the soon-to-be Chair of the Federal Reserve Janet Yellen. Yellen, who is expected to take over from Ben Bernanke as the head of the Fed in Janu
Read moreBurberry's first-half revenues reach new high
14th Nov 2013 07:09
Burberry Group's first-half profit rose as the luxury fashion maker's revenues reached a new high on the back of strong growth in retail. Adjusted pre-tax profit for the six months ended September 30th increased slightly from the prior year to £174m from $173m, above original guidance. Revenue jum
Read moreThursday preview: Burberry, Eurozone GDP, Fed's Yellen
13th Nov 2013 15:30
Luxury goods giant Burberry Group will help kick off Thursday's show with their interim results. Burberry will unveil its first-half figures which are expected to show earnings before interest and tax came to £182m, according to analysts at Berenberg. First-half sales are anticipated to have risen
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreLondon close: Stocks rally on hopes over 11th-hour deal in Washington
16th Oct 2013 16:24
Stocks swung sharply into positive territory on Wednesday afternoon with the FTSE 100 hitting a four-week high on that US leaders can come to a deal to raise the debt ceiling before tomorrow's deadline. Despite a weak start, the FTSE 100 finished up 22.48 points at 6,571.59, its highest level since
Read moreLondon midday: Stocks slip as optimism over US deal begins to fade
16th Oct 2013 11:45
London's FTSE 100 pulled back from a three-week high on Wednesday morning as a deal to avert a US default remained elusive with just one day to go before the government hits its borrowing limit. Matt Basi, Head of UK Sales Trading at CMC Markets, said that the proximity of the deadline was "giving
Read moreWednesday tips round-up: Burberry Group, Hargreaves Lansdown
16th Oct 2013 09:11
All management changes create uncertainty, but Angela Ahrendts' departure from the top post at Burberry Group creates more than most, what with the Finance Director having been in place for just three months and the Chief Operating officer for seven. Sir John Peace, the Chairman has been there for m
Read moreLondon open: US uncertainty pulls FTSE 100 back from three-week high
16th Oct 2013 08:44
UK markets opened lower on Wednesday morning, pulling back from a three-week high, as optimism over a deal in Washington to avert a default began to fade. The FTSE 100 in London was registering small losses early on after hitting 6,549 on Tuesday, its highest level since September 24th. Stocks on
Read moreWednesday broker round-up UPDATE
16th Oct 2013 08:26
Anite: Northland Capital reduces target price from 160p to 120p, while staying with its buy recommendation. Panmure Gordon cuts target price from 177p to 142p and keeps a buy recommendation. Jefferies takes target price from 160p to 110p, while leaving its buy recommendation unchanged. Canaccord Gen
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