London close: Markets rebound strongly, Carnival jumps late on
25th Jun 2013 16:44
The FTSE 100 rebounded strongly with a 1.2 per cent jump on Tuesday after coming close to its 2013 low the day before, as concerns over a liquidity crunch in China and reduced stimulus in the US eased, for the time being at least. London's benchmark index finished the session up 73 points at 6,102,
Read moreThursday broker round-up UPDATE
30th May 2013 08:19
AMEC: Morgan Stanley reduces target price from 1220p to 1100p and retains an underweight rating. Amlin: JP Morgan takes target price from 360p to 400p maintaining an underweight rating. Brewin Dolphin: Canaccord Genuity raises target price from 230p to 285p and reiterates a buy recommendation. C
Read moreWednesday broker round-up UPDATE
22nd May 2013 09:37
Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation. Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation. Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.
Read moreWednesday tips round-up: Vodafone, Carnival, Telecom Plus
22nd May 2013 06:57
Despite the falls evident in yesterday´s quarterly results, in what has traditionally been its main performance metric -organic service revenues - any weakness in Vodafone´s share price looks like it would be a buying opportunity, says The Times´s Tempus. Above all, it is hard to see how the situati
Read moreLondon close: Stocks surge as earnings impress, inflation eases
21st May 2013 16:46
Well-received results from a number of FTSE 100 heavyweights and a sharp drop in consumer-price inflation in the UK lifted London's benchmark index to fresh multiyear highs on Tuesday. The Footsie finished at a closing price of 6,803.87 (up 0.7% on the day), trading at levels not seen in over a dec
Read moreFTSE 100 movers: Carnival dives on profit warning
21st May 2013 14:51
Cruise ship operator Carnival, the world's largest, took a hit after it issued a brutal profit warning overnight for its full-year earnings per share, primarily as a result of lower net revenue yield expectations due to its current cruise ticket pricing. RBS was retreating one day after Numis rais
Read moreBroker tips: Capita, Burberry, Carnival
21st May 2013 11:42
Jefferies has kept its 'buy' rating and 1,010p target price for outsourcing giant Capita after a 'significant contract win' announced on Tuesday with O2. Meanwhile, the broker highlighted press reports that suggested that Capita could be in line for a large contract with the Metropolitan Police. W
Read moreLondon midday: Stocks extend gains as inflation falls sharply
21st May 2013 11:38
Stocks held on to 12-year highs on Tuesday morning as a sharp drop in consumer-price inflation lifted the outlook for the UK economy. Helping to keep markets in positive territory this morning was falling inflation in the UK. The rise in consumer prices slowed sharply from an annual rate of 2.8% to
Read moreBroker snap: Panmure says Carnival is a 'serial disappointer'
21st May 2013 09:29
Shares in Carnival sunk on Tuesday morning after the cruise operator issued a profit warning, prompting Panmure Gordon to slash its forecasts and keep a 'sell' rating. The company now expects to report a full-year earnings per share (EPS) of $1.45-1.65 in 2013, well below earlier guidance of $1.80-
Read moreLondon open: Markets hold on to 12-year highs
21st May 2013 08:30
Markets were trading within a narrow range on Tuesday morning after finishing at 12-year highs the day before, as traders consider how much further the impressive year-to-date rally has to go. The FTSE 100 finished at 6,755.63 on Monday afternoon, a level not seen since September 2000, while other
Read moreCarnival issues brutal profit warning on full-year EPS
21st May 2013 07:53
Cruise ship operator Carnival, the world's largest, issued a brutal profit warning overnight for its full-year earnings per share, primarily as a result of lower net revenue yield expectations due to its current cruise ticket pricing. Hence, the company now sees full year 2013 revenue yields down
Read moreTuesday broker round-up UPDATE
21st May 2013 07:12
Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged. Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation. Big Yellow Group: Investec increases target price from 370p to 430p a
Read moreTuesday broker round-up UPDATE
2nd Apr 2013 08:28
Afren: Liberum Capital shifts target price from 123p to 130p maintaining a hold recommendation. Amara Mining: Numis initiates with a target price of 80p and a buy recommendation. APR Energy: Espirito Santo downgrades to sell with a target price of 680p. ASOS: Goldman Sachs increases target price
Read moreSunday newspaper round-up: RBS, Cyprus, Bedroom-tax
31st Mar 2013 16:26
It is understood that Royal bank of Scotland (RBS) will make even deeper cuts to its investment banking wing in an effort to meet the Bank of England's (BoE's) new financial policy committee's (FPC) target. The FPC last week called on lenders to raise 25bn pounds in new capital to offset any potenti
Read moreTuesday broker round-up UPDATE
19th Mar 2013 07:21
Admiral Group: Canaccord Genuity raises target price from 1050p to 1215p, but reiterates its sell recommendation. BAE Systems: Investec moves target price from 325p to 375p retaining a hold recommendation. Balfour Beatty: Numis lowers target price from 330p to 300p and downgrades to add. BHP Bill
Read more