UK MARKET TALK ROUNDUP: SHARES GAINING
11th Jun 2010 10:09
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0909 GMT [Dow Jones] HSBC lifts its target price on Burberry (BRBY.LN) to 900p from 850p. The broker says the luxury retai
Read moreMARKET TALK: HSBC Lifts Burberry Target To 900p
11th Jun 2010 10:09
0909 GMT [Dow Jones] HSBC lifts its target price on Burberry (BRBY.LN) to 900p from 850p. The broker says the luxury retailer has a recession-resistant top line that will accelerate substantially this fiscal year. Overweight rating. Shares +1.7% at 797p. ([email protected]) Contact us in L
Read moreFTSE 100 movers: Positive oils can't stop fall
28th Apr 2010 15:25
Strong figures from Royal Dutch Shell have also boosted the share price of fellow oil company BP but this has not been enough for FTSE 100 to hang on to positive territory. The banks, which were the worst performers earlier in the day, have recovered the majority of their earlier losses but remain
Read moreWednesday tips round-up: SABMiller, AB Foods, Burberry
21st Apr 2010 06:39
Brewer SABMiller shares put on a decent 4.5% yesterday, but despite all the encouraging factors, the Independent suggests that punters looking to buy now have missed the boat. The forecast 2010 dividend yield, at 2.4%, is no better than adequate, and not big enough to counter what could be an inert
Read moreLondon close:Equities advance on broad front
20th Apr 2010 17:11
London brought its two day losing streak to an end today, despite a mixed reception to the day's major company announcements and a disappointing set of inflation figures. A sharp rise in fuel costs was responsible for much of the acceleration in the inflation rate, which climbed to 3.4% from 3% in
Read moreLondon afternoon: Tesco heads small band of fallers
20th Apr 2010 14:13
The blue-chip index shuffled sideways over the lunch time session with not even expectations of a firm opening on Wall Street encouraging buyers to commit further. Earlier in the day sentiment had received a knock from worse than expected inflation data. A sharp rise in fuel costs was responsible f
Read moreLondon midday: Equities resume upward trend
20th Apr 2010 12:15
Worse than expected inflation figures gave the market pause for thought but leading equities have since recovered their poise and ended the morning session on an upward trend. A sharp rise in fuel costs was responsible for much of the acceleration in the inflation rate, which climbed to 3.4% from 3
Read moreLondon open: Footsie makes bright start
20th Apr 2010 08:49
Footsie has moved higher as retailers come into focus on a busy day on the company news front. Tesco reaffirmed its position as the UK's supermarket powerhouse as profits last year surged to nearly £3.2bn with underlying growth of more than 10%. Total sales in the year to end February rose by 6.8%
Read moreBurberry to beat profit expectations
20th Apr 2010 06:59
Luxury fashion label Burberry expects to post pre-tax profits ahead of expectations for the year to March 31 after shoppers rushed to stock up on fashions for the coming spring and summer. The outfitter famous for the checked pattern displayed on its clothing said sales totalled £327m in the fourth
Read moreTuesday preview: Tesco, AB Foods, Burberry
19th Apr 2010 17:33
There is no shortage of opinions on how well retailing leviathan Tesco did in the year to end-February 2010, but most observers agree that Tuesday's results are going to hit new records in terms of sales and profits. Market consensus is for pre-tax profit of £3.21bn on sales of £58.5bn, up from pro
Read moreFTSE 100 movers: Brokers boost BT and Burberry
14th Apr 2010 12:06
BT leads the way after some upbeat comment on the telecoms group from Morgan Stanley, which notes that it is about a quarter cheaper than US peer AT&T in terms of yield. Burberry, whose target price is raised to 750p from 650p by Deutsche Bank in expectation that the weak pound will lift the fashi
Read moreAmlin non-exec trebles shareholding
4th Mar 2010 16:48
Non-executive director Tony Holt has bought more than £2m worth of shares in insurance underwriter Amlin. Holt bought 500,000 shares at 411.75p each, which takes his shareholding to 759,102 shares. Holt joined Amlin in 1980 and was appointed to the board in 2000. He was group underwriting direct
Read moreCommunisis chairman buys
26th Feb 2010 16:49
Peter Hickson, the chairman of print management and data analysis services provider Communisis, is buying shares following yesterday's results. A downturn in spending on direct mail promotions hit Communisis in 2009 and it cut its final dividend from 1.635p a share to 0.43p a share. The total divid
Read moreSector movers: Personal goods stocks wanted
22nd Jan 2010 18:01
Two personal goods stocks that updated in trading during the week helped lift the sector higher going into the weekend. Condom maker SSL International, which yesterday said it remains on track to achieve its target of increasing earnings per share by 50% over the three years to March 2012, was the
Read moreLondon close: Footsie turns positive
19th Jan 2010 17:22
London's top stocks finished the day above the 5,500 mark after turning positive in afternoon trading. Luxury fashion label Burberry was the best performer of the day after saying it expects profits for the full year to be at the top end of expectations after seeing strong sales in the last three m
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