London open: Admiral leads markets lower as investors await Fed minutes
9th Jul 2014 09:00
- Admiral shares drop as H1 revenues fall - Markets await FOMC minutes for rate-hike clues - Chinese inflation eases - Alcoa beats forecasts as Q2 earnings season gets underway techMARK 2,783.11 -0.39% FTSE 100 6,721.47 -0.25% FTSE 250 15,601.53 -0.33% UK stocks fell for a third straight day on We
Read moreSector movers: Diageo-SAB tie-up rumours lift beverages
30th Jun 2014 15:08
A potential tie-up of the beverages sector's two-largest constituents gave the category a boost on Monday, on an otherwise subdued session in London with the wider market in search of direction. Shares in Diageo and SABMiller were on the rise today, up 1.8% and 0.2% respectively, after it was rumou
Read moreLondon midday: Stocks lack direction as investors digest data
30th Jun 2014 12:13
- UK mortgage approvals fall to 11-month low - Eurozone inflation remains subdued at 0.5% - Chicago PMI, US pending home sales ahead - Diageo rises on SABMiller merger reports techMARK 2,819.43 +0.06% FTSE 100 6,750.89 -0.10% FTSE 250 15,719.66 +0.24% London stocks had erased gains by Monday lunch
Read moreLondon open: Stocks rise ahead of data-heavy week
30th Jun 2014 09:06
- Eurozone inflation predicted to remain stable at 0.5% - ECB meeting, US employment report due out later this week - Miners fall but Anglo rises on asset sale rumours techMARK 2,827.12 +0.33% FTSE 100 6,772.40 +0.22% FTSE 250 15,737.98 +0.36% Weakness in the mining sector didn't stop UK stocks fr
Read moreCoca-Cola HBC to delist from NYSE
30th Jun 2014 07:48
Switzerland-based bottling firm Coca-Cola HBC (CCH) is planning to pull its shares from the US stock market after experiencing low trading volumes of its American Depositary Receipt (ADR) shares. The company announced on Monday that it intends to delist from the New York Stock Exchange (NYSE) and d
Read moreLondon pre-open: Modest gains ahead of busy week
30th Jun 2014 07:47
With traders set for a busier week than has been seen of late, the FTSE is expected to open around 10 points higher from Friday's close of 6,757.77, as investors gear up for multiple central bank decisions taking place in the next few days. Due out this morning are figures on consumer credit and m
Read moreSector movers: SABMiller lifts beverages on M&A rumours
10th Jun 2014 13:48
M&A speculation surrounding SABMiller increased the demand for beverages stocks on Tuesday. Shares in the Coors Light, Grolsch and Peroni maker were up 2% at 3,340.5p in afternoon trade after the Financial Times reported on "rumours" regarding a potential takeover. The paper cited analysts at Sant
Read moreMonday broker round-up UPDATE
9th Jun 2014 09:43
Aggreko: Panmure Gordon downgrades from buy to hold with a target price of 1748p. API Group: Numis shifts target price from 84p to 85p, downgrading from buy to add. ASOS: Jefferies reduces target price from 6200p to 5700p, while leaving its buy recommendation unchanged. Betfair Group: Investec ra
Read moreLondon close: Supermarkets lift FTSE to end week on positive note
16th May 2014 16:59
- FTSE closes up 14.92 points at 6,855.81 - Comments from Asda, Morrison bid speculation, lift supermarkets - Eurozone trade surplus narrows - US consumer confidence falls techMARK 2,745.29 -0.45% FTSE 100 6,855.81 +0.22% FTSE 250 15,397.92 -1.40% Blue chips managed to end the week on a positive n
Read moreFTSE 100 movers: Morrison leads on bid speculation
16th May 2014 15:15
Morrison was today leading the upside, driven by market chatter around a potential bid for the group by a US-led private equity consortium. According to the Daily Mail's market report, such a bid could total around 6.4bn pounds in cash. Sector peers Tesco and Sainsbury were also lifted by the news
Read moreBroker tips: Coca Cola HBC, Poundland, Kentz
16th May 2014 13:11
Credit Suisse issued a 'neutral' rating for Coca-Cola HBC after the bottling company reported a fall in first quarter revenue and volumes. The second largest bottler of the brands of The Coca-Cola Company said volume declined by 4% to 409.6 cases in the three months to March 28th and new sales reve
Read moreBroker snap: Credit Suisse 'neutral' on Coca-Cola HBC
16th May 2014 12:32
Credit Suisse issued a 'neutral' rating for Coca-Cola HBC after the bottling company reported a fall in first quarter revenue and volumes. The second largest bottler of the brands of The Coca-Cola Company said volume declined by 4% to 409.6 cases in the three months to March 28th and new sales reve
Read moreCoca-Coca HBC AG's first quarter revenue and volumes fall
16th May 2014 07:07
- Revenue and volumes fall - Timing of Easter impacts results - Full-year expectations unchanged Coca-Cola HBC AG reported a drop in first quarter revenue and volumes due to the timing of Easter and foreign exchange movements. The second largest bottler of the brands of The Coca-Cola Company said
Read moreFriday preview: US consumer confidence, Coca-Cola HBC results
15th May 2014 15:11
A preliminary report on US economic confidence on Friday is expected to show an increase in the outlook for the world's biggest economy in May. The University of Michigan's sentiment index may rise 84.5 this month from 84.1 in April, according to forecasts. The data comes a day after reports show
Read moreMonday broker round-up UPDATE
12th May 2014 10:06
Atkins (WS): Numis upgrades from add to buy with a target price of 1650p. Barclays: Credit Suisse moves target price from 260p to 275p and retains a neutral rating. Brit: Numis initiates with a target price of 290p and a buy recommendation. British Sky Broadcasting: JP Morgan raises target price
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