London close: Investors tread carefully ahead of record highs
28th May 2014 17:18
- Eurozone money supply weak, German unemployment rises - Markets cautious after recent highs - LSE leads financials higher - GSK to be investigated by UK fraud body techMARK 2,799.81 +0.48% FTSE 100 6,851.22 +0.09% FTSE 250 15,935.43 +0.58% UK stocks ended slightly higher after trading in a narr
Read moreBroker tips: LSE, Vodafone, BT Group, AVEVA
28th May 2014 12:30
Credit Suisse has added London Stock Exchange (LSE) to its 'Focus List', saying it expects a re-rating of the stock over time if the possible acquisition of Russell Investments is completed. The bank has set a 2,220p target price for LSE's shares, at which level they would trade at around 17 times
Read moreLondon midday: Stocks rangebound as investors turn cautious
28th May 2014 11:38
- Eurozone data comes in mixed, German unemployment weak - Markets cautious after recent highs - RBS, LSE lead financials high - GSK to be investigated by UK fraud body techMARK 2,788.03 +0.06% FTSE 100 6,849.21 +0.06% FTSE 250 15,890.88 +0.30% UK stocks were trading in a narrow range on Wednesday
Read moreGoldman excited by mobile launch at BT
28th May 2014 10:59
BT Group was benefiting from an upbeat outlook at Goldman Sachs on Wednesday, which said that the stock offers higher growth and a cheaper valuation than others in the sector. Goldman maintained a 'buy' recommendation and 520p target price for the shares, which represents 33% potential upside from
Read moreSunday share tips: United Utilities, TV and telecoms, Cranswick
25th May 2014 10:52
United Utilities faces regulatory wrangling and rising interest rates, making its shares no better than a hold, the Sunday Telegraph's Questor column said. The water company has reported rising profits, strong cash flows and dividend increases linked to inflation. But in future it is up against a re
Read moreBT directors build stakes, Trinity Mirror makes show of faith
20th May 2014 15:52
Five BT board members last week each acquired 486 shares under its Equiniti share plan, it was announced Monday. Those purchasing shares included Chairman Sir Michael Rake and Chief Executive Officer Gavin Patterson. All of the shares were bought for 370.25p each. The announcement comes one day
Read moreSector movers: Fixed line telecom up, mobile telecom down
20th May 2014 15:52
BT Group led fixed line telecommunication stocks higher after revealing plans to create 1,600 new engineering jobs as part of plans to roll out fibre broadband across the UK. BT's Openreach business on Monday said it expected a significant number of the new jobs to be filled by ex-servicemen and wo
Read moreBT Group reveals plans to create 1,600 new jobs
19th May 2014 13:51
BT Group on Monday unveiled plans to create 1,600 new engineering jobs as part of plans to roll out fibre broadband across the UK. BT's Openreach business said it expected a significant number of the new jobs to be filled by ex-servicemen and women. Openreach Chief Executive Joe Garner said he was
Read moreMonday newspaper round-up: Mark Carney, Petroleum reserves, AstraZeneca
19th May 2014 07:25
The government's Help to Buy scheme could distort the entire mortgage market and may have to be curbed, the Governor of the Bank of England warned yesterday. Mark Carney said that the programme to help new home owners to secure a mortgage with a deposit of as little as 5 per cent may be encouraging
Read moreSector movers: Vodafone, TalkTalk, Carphone Warehouse drag telecoms lower
15th May 2014 15:20
Telecoms were trading with steep losses on Thursday with heavyweights Vodafone, TalkTalk and Carphone Warehouse pulling the sector lower. Vodafone's shares were under pressure, trading 3.2% lower, after Goldman Sachs cut its recommendation for the stock from 'buy' to 'neutral' and reduced its targe
Read moreEveryman Media Group non-exec stocks up
14th May 2014 15:49
Independent cinema group Everyman Media Group on Wednesday announced Michael Rosehill, a non-executive director, had bought a round of shares worth 13,069 pounds. Rosehill paid 91p for each of the 14,362 shares. The group, which listed on AIM in November last year, posted a 27% increase in annua
Read moreLondon close: Miners drive FTSE higher
12th May 2014 16:59
- FTSE closes up 37.18 points - Miners rise on JPMorgan Chase - CBI ups outlook for GDP techMARK 2,794.57 +0.44% FTSE 100 6,851.75 +0.55% FTSE 250 15,981.35 +0.61% Miners lifted the FTSE firmly higher today, getting the week off to a positive start despite the latest developments in Eastern Europe
Read moreFTSE 100 movers: Miners rise on JPMorgan comments
12th May 2014 15:20
Upbeat comments from JPMorgan Chase & Co and a good performance on Chinese markets overnight gave the mining sector a boost today. The US bank upgraded its rating for the European mining sector from 'underweight' to 'overweight' on the back of falling costs and improving demand from China. Rio Ti
Read moreSunday newspaper round-up: AstraZeneca, BSkyB, interest rates
11th May 2014 11:23
Pfizer has been advised by a top US law firm that its assurances over the proposed £63bn takeover of AstraZeneca are legally binding, the Sunday Times reported. Chief Executive Ian Read hopes the opinion from Skadden Arps will help cool the political argument over his intended deal. He will be quest
Read moreFriday tips round-up: Randgold Resources, BT Group
9th May 2014 07:44
Randgold Resources´ latest set of financials flagged new problems at its accident-prone Tongon mine in the Ivory Coast, which will contine to cap any upside to production there this year while repairs are under way. Fortunately, that is not the most important of its assets, although it did push up i
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