London open: Stocks fall after Fed as investors await data-heavy session
30th Jan 2014 08:26
- FTSE 100 at lowest since December 18th - Fed continues to taper, cuts bond purchases by 10bn dollars - Chinese PMI confirms manufacturing contraction - Barrage of data out elsewhere techMARK 2,761.89 -0.22% FTSE 100 6,518.96 -0.39% FTSE 250 15,677.69 -0.07% UK equities got off to a poor start on
Read moreThursday broker round-up UPDATE
16th Jan 2014 08:59
Aberdeen Asset Management: Canaccord Genuity cuts target price from 586p to 540p, while its buy recommendation remains unchanged. Anglo American: UBS ups target price from 1500p to 1580p upgrading from neutral to buy. Antofagasta: Investec reduces target price from 716p to 685p maintaining a sell
Read moreFTSE 100 movers: Carnival, Vedanta Resources, Coca-Cola...
20th Dec 2013 14:38
Carnival Corp. gained as Credit Suisse raised its rating to 'buy' from 'neutral' after the cruise operator provided a 2014 earnings forecast that exceeded analysts' estimates. Mining company Vedanta Resources advanced as the price of copper rose. Coca-Cola rallied after JP Morgan restated its 'ov
Read moreTuesday broker round-up UPDATE
12th Nov 2013 09:20
Accesso: Canaccord Genuity raises target price from 680p to 770p and keeps a buy recommendation. Andor Technology: FinnCap places both its target price (prev.: 390p) and its hold recommendation under review. Babcock International: Jefferies increases target price from 1250p to 1600p retaining a bu
Read moreBroker tips: BAE Systems, Old Mutual Group, Coca Cola HBC
8th Nov 2013 14:25
Investec downgraded its rating of BAE Systems from 'buy' to 'hold' amid concerns of the over a Saudi jet fighter deal. The broker said it worried negotiations over a Saudi order for 72 Typhoon jet fighters, known as the Salam deal, could fall through. "BAE remains relatively inexpensive, while con
Read moreLondon close: Stocks fall as Fed speculation overshadows ECB euphoria
7th Nov 2013 16:31
- ECB cuts main policy rate - US GDP picked up in Q3, eyes turn to jobs data - Randgold jumps after Q3 results techMARK 2,643.07 -0.40% FTSE 100 6,697.22 -0.66% FTSE 250 15,389.52 -0.09% As the initial euphoria following a rate cut in Europe faded, UK stocks swung sharply into the red on Thursday
Read moreFTSE 100 movers: Randgold leaps on strong profit rise
7th Nov 2013 15:17
Randgold Resources was the strongest riser after it said quarter-on-quarter profit increased 80 per cent following a strong performance by its flagship Loulo-Gounkoto complex in Mali. The group said gold sales increased to $348.7m from $318.3m a year earlier as the average gold price received per
Read moreLondon midday: Stocks lower as MPC holds rates, investors await ECB
7th Nov 2013 11:17
- MPC votes to maintain rates, QE - ECB meeting in focus, rate cut eyed - US GDP, jobless claims on tap this afternoon techMARK 2,649.04 -0.17% FTSE 100 6,725.81 -0.24% FTSE 250 15,423.36 +0.13% UK stocks were trading in the red on Thursday morning as investors adopted a cautious approach ahead of
Read moreLondon open: Stocks fall as caution sets in ahead of ECB, US data
7th Nov 2013 08:20
- Investors scale back positions ahead of 'risk events' - MPC, ECB meetings in focus - US GDP, jobless claims on tap this afternoon techMARK 2,650.85 -0.10% FTSE 100 6,725.30 -0.24% FTSE 250 15,397.87 -0.04% UK stocks opened slightly lower on Thursday morning as caution set in ahead of a busy end
Read moreLondon pre-open: Modest decline expected on FTSE ahead of data
7th Nov 2013 07:30
City sources predict the FTSE 100 will open around seven points lower than yesterday's close of 6,741.69, ahead of the release of multiple results due out this morning along with a number of key 'risk events' in the coming days, including the initial estimate of third-quarter US economic growth, job
Read moreCoca-Cola HBC cautious as Q3 volumes hit by tough macro conditions
7th Nov 2013 07:08
- Company expects tough conditions to persist - European macro conditions pressure disposable income - Revenues, EBIT fall in Q3 as volumes slip Coca-Cola Hellenic Bottling Company, the world's second-largest bottler of Coca-Cola, saw revenues dip in the third quarter as volumes were hit by tough e
Read moreBroker snap: Nomura cuts Coca Cola Hellenic to reduce
29th Oct 2013 10:46
Analysts at Nomura have downgraded their recommendation for shares of Coca Cola Hellenic as they believe that the positive technical impact of the company's inclusion in the FTSE indices has likely run its course. They now think the shares are more likely to trade in-line with fundamentals. In that
Read moreBroker tips: Reckitt, GKN, RSA, Coca-Cola HBC
22nd Oct 2013 12:06
Investec has upgraded its rating for household products firm Reckitt Benckiser from 'sell' to 'hold' on the back of the company's upbeat outlook with its third-quarter results. Analyst Martin Deboo said he was impressed by the company's "confident tone and strength in depth" in its outlook. He adde
Read moreBroker snap: Coca-Cola HBC still lacking fizz, says Credit Suisse
22nd Oct 2013 11:02
Credit Suisse has retained its 'neutral' stance on Coke bottling firm Coca-Cola HBC (CCH) ahead of its third-quarter results next month, saying that the company is 'still lacking its fizz'. The bank said that it expects volumes to have remained weak in the three months to September 30th and has cut
Read moreLondon close: Late rally not enough as FTSE 100 falls for fourth straight day
2nd Oct 2013 16:43
A slight bounce in the UK-listed mining sector saw the FTSE 100 rally on Wednesday afternoon but the index still finished firmly in the red, setting a fresh one-month low as political uncertainty in the US and Italy continued to weigh on sentiment. The FTSE 100 finished down 22.51 points at 6,437.5
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