Broker tips: Land Securities, BT Group, DS Smith
26th Jun 2014 13:05
Deutsche Bank said that Land Securities' £656m purchase of a 30% stake in shopping centre Bluewater will likely lift valuations of shopping centres across the UK. Land Securities said that overall net initial yield after the expiry of rent-free periods is 4.1%. However, Deutsche Bank estimated th
Read moreBT Group has "potential to re-rate further", says Credit Suisse
26th Jun 2014 11:59
BT Group's shares have the "potential to re-rate further", according to Credit Suisse, which added the stock to its 'Europe Focus List'. The bank repeated its 'outperform' recommendation and 440p target price for the shares, saying it bullish outlook for the company remains intact after the recent
Read moreLondon open: UK stocks jump post-Fed, Rolls-Royce gains
19th Jun 2014 08:30
- Fed tapers by $10bn a month - Yellen says rates to stay low - UK retail sales, US jobless claims on tap - Rolls-Royce unveils £1bn buyback techMARK 2,823.77 +0.67% FTSE 100 6,827.27 +0.72% FTSE 250 15,752.09 +0.82% UK stocks rose strongly on Thursday, helped by some decent gains from Rolls-Royce
Read moreThursday tips round-up: Berkeley Group, BT Group
19th Jun 2014 08:06
At an 8% dividend yield shares of Berkeley Group pose a bit of a puzzle to investors. Usually such a high yield signals that the market has doubts about the company. On the other hand, however, its shares trade at nearly twice the net asset value, which is as silly a valuation as it is expensive.
Read moreBT faces new super-fast broadband charging regime
19th Jun 2014 07:54
British telecoms group BT is facing new rules from regulator Ofcom to ensure competition in the super-fast broadband market. Ofcom is proposing new obligations forcing BT to maintain a sufficient margin between its wholesale and retail super-fast broadband charges to allow other operators profitabl
Read moreBroker tips: BT, Wm Morrison, Berkeley...
18th Jun 2014 12:41
BT and Virgin Media owner Liberty Global offer investors the best way to cash in on fixed-line telecom companies' assault on the mobile market, according to broker Goldman Sachs. Goldman said fixed-line players such as BT, which plans to launch business and household mobile products later this year
Read moreBT best way to exploit fixed line and mobile tie-up, says Goldman
18th Jun 2014 11:51
BT and Virgin Media owner Liberty Global offer investors the best way to cash in on fixed-line telecom companies' assault on the mobile market, according to broker Goldman Sachs. Goldman said fixed-line players such as BT, which plans to launch business and household mobile products later this year
Read moreLondon open: UK stocks rise as investors await BoE minutes, Fed
18th Jun 2014 08:29
- Supermarkets, telecoms lift markets higher - Fed in focus ahead of policy decision - BoE minutes closely watch amid rate-hike speculation techMARK 2,801.10 +0.23% FTSE 100 6,787.81 +0.31% FTSE 250 15,598.89 +0.09% UK stocks markets were putting a decent performance on Wednesday, helped by gains
Read moreFTSE 100 movers: Precious metals miners lead gains
16th Jun 2014 15:05
Fresnillo, Randgold Resources, Glencore, BHP Billiton and Anglo American were all tracking metals prices higher. Glencore was also lifted by Investec, which moved its target price from 302p to 319p and upgraded the stock from 'reduce' to 'hold'. Driven higher by supply concerns, rising oil prices
Read moreLondon midday: Stocks extend multi-week lows on Iraq fears
16th Jun 2014 11:29
- Stocks inch lower, trading at six-week low - Markets "pause for breath" after sell-off, says analyst - Iraq concerns keep pushing crude prices higher - Smith & Nephew falls on Medtronic-Covidien tie-up techMARK 2,792.67 -0.80% FTSE 100 6,759.65 -0.27% FTSE 250 15,680.35 -0.85% Bargain hunters we
Read moreSunday newspaper round-up: RBS, British Land and Hammerson, BT
15th Jun 2014 18:25
Royal Bank of Scotland is in talks with US buyout firm Warburg Pincus about a rescue plan for the lender's troubled Ulster Bank Irish business, the Sunday Times reported. The plan would involve private equity firms injecting capital into Ulster Bank and then merging it with another bank, probably Ir
Read moreLots of reasons to stay bullish at BT, says Oriel
13th Jun 2014 12:29
BT Group is a growth stock but is still far from being valued as such, according to Oriel Seurities which kept a 'buy' rating for the telecoms giant on Friday. The broker hailed BT's cash generation abilities and said it expects free cash flow (FCF) to increase at a compound annual growth rate of 9
Read moreBSkyB's Euro bid may ease TV sport deal with BT, says UBS
11th Jun 2014 10:00
BSkyB's potential €8.6bn takeover of Sky Italia and Sky Deutschland to become a European pay-TV giant may make a wholesale sports deal with rival BT more likely, analysts at UBS say. Sky is refusing to allow BT to show the full range of Sky Sports channels on the latter's TV service until BT lets S
Read moreLondon close: SABMiller and US gains lift FTSE
10th Jun 2014 16:59
- FTSE closes down 1.45 points at 6,873.55 - Lift provided by US markets - SABMiller rises on takeover rumours techMARK 2,859.23 +0.07% FTSE 100 6,873.55 -0.02% FTSE 250 16,210.64 -0.05% Stocks were ultimately little changed from their opening level, although came off the lows seen mid-morning and
Read moreFTSE 100 movers: SABMiller rises on takeover speculation
10th Jun 2014 15:15
SABMiller surged to the top of the leaderboard this afternoon after the Financial Times reported "rumours" regarding a potential takeover. The paper cited analysts at Santander who last week highlighted "growing market chatter" about the possibility of a merger between SABMiller and Belgian-Brazilia
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