31st Jul 2015 15:09
(ShareCast News) - The FTSE 100 climbed back into positive territory late in Friday's session, after a mixed day of corporate reports. The blue chip index was up 0.20% to 6,681.97 by 15:05 BST, helped by a late surge from the leisure sector. Cruise operator Carnival sailed to the top of the leader-
Read more24th Jun 2015 12:54
London markets were subdued on Wednesday, as gains in the supermarket, oil and mining sectors were offset by weaker performances from chemicals, software, and financial services stocks. As of 13:45 BST, the FTSE 100 was trading broadly flat at 6,843. Sainsbury surged after being boosted by a Societ
Read more23rd Jun 2015 14:35
Profits at cruise line operator Carnival almost tripled in the second quarter of the company´s fiscal year, courtesy of stronger than expected yields and amid a large drop in the company´s fuel costs. Second quarter net income jumped to $193m or 25 cents per share for the three months ended on 31 Ma
Read more22nd Jun 2015 13:31
London markets rebounded on Monday, buoyed by hopes of a short-term funding deal for Greece and strength in the construction, telecommunications and real estate sectors. As of 2:30 BST, the FTSE 100 was trading 1.39% higher at 6,804. Sky was in demand on rumours that the Murdoch family may be consi
Read more22nd Jun 2015 11:31
Rising hopes over a short-term funding deal for Greece lifted UK stock markets on Monday, with M&A activity providing a further fillip to shares. The FTSE 100 was trading up 1.18% at 6,789.43 by midday, with blue chips Sky and Severn Trent rising strongly on speculation the companies could be bid ta
Read more22nd Jun 2015 09:17
Shares in Carnival rose 4% on Monday after Deutsche Bank raised the stock to 'buy' from 'hold' and lifted the price target to 3,525p from 3,400p. The bank said it expects Carnival's second-quarter earnings to be above the upper end of the company's guidance range and for the group to demonstrate fur
Read more22nd Jun 2015 08:30
UK stocks surged on Monday morning as investors breathed a sigh of relief on the back of rising hopes that Greece is set to secure a short-term deal with creditors. The FTSE 100 was trading up 1.36% at 6,801.41 early on. According to reports, Greece's lenders are working on a deal to extend the cou
Read more26th May 2015 16:35
Heavy losses in the mining, banking and sectors weighed heavily on UK stock markets on Tuesday, as uncertainty in Greece and mixed economic data from the States hammered risk appetite among investors. The FTSE 100, which had been trading with moderate losses for most of the day, experienced a sell-o
Read more21st May 2015 11:58
Stronger-than-expected retail sales data wasn't enough to boost London's stocks on Thursday with markets rangebound as the FTSE 100 continues to fluctuate around the 7,000 mark. UK retail sales jumped 1.2% in April, according to the Office for National Statistics, more than making up for the 0.7% de
Read more8th Apr 2015 16:42
AstraZeneca: Morgan Stanley lifts target price to 4,500p from 4,300p, reiterates underweight. BG Group: Canaccord Genuity improves target price to 1,300p from 1,016p and downgrades to hold. GlaxoSmithKline: Deutsche Bank raises target price to 1,600p from 1,300p and reiterates hold. Tate&Lyle: Num
Read more8th Apr 2015 14:55
Morgan Stanley has raised its target price for Carnival, saying that the cruise operator's investment in marketing and distribution seems to be paying off. The bank lifted its target for the shares from 3,100p to 3,300p, but kept an 'equal-weight' rating. A survey of US cruise travel agents has sho
Read more30th Mar 2015 18:40
Carnival: Numis upgrades to add with target price of 3,600p, Credit Suisse keeps at outperform, while Jefferies stays at underperform with 2,300p target. Barclays: JP Morgan Cazenove reiterates overweight. WPP: UBS reiterates buy, ups target to 1,700p from 1,500p. Marks&Spencer: Credit Suisse impr
Read more30th Mar 2015 11:39
Societe Generale has lifted its target price for Marks & Spencer from 492p to 524p but maintained a 'hold' rating on the high street retailer, saying it sees little upside from current levels. Ahead of trading update on Thursday, the broker said it no longer reckons M&S will produce a meaningful rec
Read more30th Mar 2015 11:14
Numis Securities has raised its stance on Carnival Corporation from 'hold' to 'add' and its target price from 2,950p to 3,600p, saying the outlook is improving for the cruise industry. "Royal Caribbean and Norwegian Cruise Lines have both highlighted the improving yield environment in recent months
Read more27th Mar 2015 17:04
UK stocks extended their losing streak into the fourth day on Friday as a sell-off in iron ore and a stronger dollar hit share prices in the mining sector. London's resource-heavy FTSE 100 finished the session down 40.31 points (-0.58%) at 6,855.02 as it continued its retreat from the record closing
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