London open: Stocks rise for fifth straight day, BHP Billiton falls
19th Aug 2014 09:23
- Geopolitical tensions abate in Ukraine - UK, US CPI in focus - BHP Billiton fails to excite with demerger plans techMARK 2,796.26 +0.51% FTSE 100 6,771.42 +0.45% FTSE 250 15,869.16 +0.46% UK stocks rose for a fifth straight day on Tuesday, helped by easing geopolitical tensions in Ukraine. The
Read moreTuesday broker round-up
19th Aug 2014 09:19
Amlin: Deutsche Bank cuts target price from 472p to 461p and reiterates a hold recommendation. Anglo Pacific: FinnCap lowers target price from 184p to 180p retaining a hold recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1057p to 1063p and keeps a buy recommendation. Libe
Read moreTuesday tips round-up: Bovis Homes, Amlin
19th Aug 2014 09:18
Bovis Homes saw legal completions jump 54% to 1,487 homes for the six months ended on 30 June and has already sold almost the entirety of the houses which it plans to build this year. The result of the above were outsized gains in both revenues and pre-tax profits which in turn fed a 200% increase i
Read moreLondon close: FTSE lifted by geopolitical developments
18th Aug 2014 16:59
- FTSE closes up 52.17 at 6,741.25 - Geopolitical tensions ease - Mortgage lending down 9% - Asking prices register biggest ever August fall techMARK 2,782.06 +0.96% FTSE 100 6,741.25 +0.78% FTSE 250 15,796.37 +0.82% The FTSE maintained its upwards trend throughout Monday's session, ultimately en
Read moreFTSE 250 movers: Bovis Homes leads after positive interims
18th Aug 2014 14:49
Bovis Homes was the top performer after delivering what Panmure Gordon described as a "positive set of interim results". Pre-tax profit in the six months to 30 June totalled £49.4m, up 166% over the year before, on revenues that jumped 75% to £322.1m, as completions reached a record level and sales
Read moreBroker tips: Wm Morrison, Bovis Homes, Petra Diamonds
18th Aug 2014 12:12
The decision by UK grocery chain Wm Morrison to extend its opening hours may help improve weak like-for-like (LFL) sales trends, but the future of its dividend remains uncertain, according to Shore Capital which kept a 'sell' rating on the stock on Monday. The broker said that "uncertainty and poor
Read moreLondon midday: Stocks rise as geopolitical tensions ease
18th Aug 2014 11:34
- Investors focus on crisis talks in Berlin - Carney says rate hike may come before wage growth - UK asking prices drop by record 2.9% in August - Bovis Homes impresses with 166% increase in H1 profit techMARK 2,779.40 +0.86% FTSE 100 6,733.96 +0.67% FTSE 250 15,763.23 +0.61% A reduction in geopol
Read morePanmure names Bovis Homes as top pick among housebuilders
18th Aug 2014 10:42
Bovis Homes remains Panmure Gordon's top pick in the housebuilding sector after a "positive set of interim results" on Monday. Pre-tax profit in the six months to 30 June totalled £49.4m, up 166% over the year before, on revenues that jumped 75% to £322.1m, as completions reached a record level and
Read moreLondon open: Stocks rise amid Ukraine crisis talks
18th Aug 2014 09:14
- Crisis talks in focus in Berlin - UK rates could rise before wage growth sets in, Carney says - Bovis gains after strong growth in H1 profits techMARK 2,780.09 +0.89% FTSE 100 6,734.04 +0.67% FTSE 250 15,757.36 +0.57% UK stocks rose strongly on Monday on the back of a slight reduction in geopoli
Read moreBovis Homes hikes interim divi 200% as H1 profits soar
18th Aug 2014 08:14
- Pre-tax profit up 166% at £49.4m - Margins, completions and sale prices rise - Lower sales activity since the half-year Bovis Homes saw profits rocket in the first half with operating margins nearly five percentage points higher than last year, prompting the housebuilder to hike its interim divid
Read moreSector movers: Savills boosts estate agents, while homebuilders rise
7th Aug 2014 13:47
The real estate investment and services sector was on the rise on Thursday on the back of upbeat results from Savills, while homebuilders gained after data showed that house-price inflation rose to seven-year high in July. Savills, which earns money mainly through transaction fees, consultancy and
Read moreLondon midday: Stocks erase losses as banks and housebuilders gain
24th Jul 2014 12:04
- Banking, housing stocks provide a boost - Kingfisher, Easyjet slump after results - Ukraine still in focus as Russian sanctions discussed - Eurozone PMI improves, UK retail sales fall techMARK 2,821.65 -0.06% FTSE 100 6,802.89 +0.07% FTSE 250 15,726.48 0.00% UK stocks managed to turn around afte
Read moreLondon midday: Housing, tobacco stocks lead UK markets lower, but Tesco gains
21st Jul 2014 12:10
- Gaza fighting, Ukraine crisis continues to dampen risk appetite - UK house prices fall for first time this year - Tobacco stocks hit by major fine for US peer - Tesco issues profit warning as CEO resigns techMARK 2,796.34 -0.27% FTSE 100 6,726.20 -0.34% FTSE 250 15,467.80 -0.57% Geopolitical con
Read moreBroker tips: GlaxoSmithKline, AstraZeneca, Housebuilders
18th Jul 2014 12:23
Panmure Gordon said it is "not expecting fireworks" from GlaxoSmithKline's (GSK) second-quarter results due out next Wednesday. "In light of our recent downgrade to forecasts due to exchange rate headwinds, we are expecting another tough quarter. China has not washed through completely either and g
Read moreFriday broker round-up UPDATE
18th Jul 2014 07:55
Barclays: Credit Suisse cuts target price from 275p to 235p retaining a neutral rating. Barratt Developments: Liberum Capital reduces target price from 468p to 387p and downgrades to hold. Bellway: Liberum Capital reduces target price from 1900p to 1764p, while leaving its buy recommendation uncha
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