Tuesday broker round-up UPDATE
8th Jan 2013 07:19
Anglo American: Deutsche Bank reduces target price from 2270p to 2230p and maintains its buy recommendation. Aquarius Platinum: Deutsche Bank ups target price from 73p to 76p, while the buy rating remains unchanged. ARM Holdings: Credit Suisse raises target price from 645p to 780p and reiterates a
Read moreSunday share tips: Carnival, Lo-Q
23rd Dec 2012 23:02
Carnival shares sank by 6 per cent after the cruise operator reported a fall in 2012 profit and disappointed the City with its outlook for 2013. Have the falls presented a buying opportunity? True enough, the company´s "net yield" at stable currency rates fell 4.5 per cent, but that was compared wit
Read moreLondon close: Investors take profits ahead of Christmas
21st Dec 2012 16:31
- Cancelled 'Plan B' vote results in sell-off - Boehner pledges to continue negotiations - Miners and financials in the red While stocks managed to stage a small comeback in afternoon trade, the UK market finished the week on a dull note, with 'fiscal cliff' fears dampening the festive cheer ahead
Read moreFTSE 100 movers: Miners and financials in the red
21st Dec 2012 15:07
Miners and financial stocks were bearing the brunt of the bearish mood on markets on Friday as investors cut positions in riskier assets on concerns over the US economy. However, Randgold Resources was bucking the trend as gold prices advanced following heavy losses this week. Banks were under th
Read moreLondon midday: Risk appetite scaled back on 'fiscal cliff' fears
21st Dec 2012 11:20
On the last full day of trading before the Christmas holiday, there was little evidence of a 'Santa Rally' on the FTSE 100 with worries about the 'fiscal cliff' Stateside providing a drag on the market. "This week will likely be remembered for the US fiscal cliff hanging over the markets and invest
Read moreLondon close: Stocks finish flat on US budget uncertainty
20th Dec 2012 16:52
The FTSE 100 index finished broadly flat on Thursday afternoon, taking a pause of two days of decent gains, with the focus remaining on the US 'fiscal cliff' ahead of the Christmas holiday. Even a positive surprise in US gross domestic product (GDP) failed to give markets a boost. The American econ
Read moreFTSE 100 movers: Carnival drops after full-year revenue decline
20th Dec 2012 15:25
Carnival , the largest cruise company in the world, reported a fall in full-year revenues after what it called its most challenging year ever. Shares dropped nearly 6% on Thursday afternoon after the company reported that revenue came in at $15.4bn, down from $15.8bn previously. Leading the risers
Read moreCarnival reveals details of hardest year
20th Dec 2012 14:37
Carnival Corporation, the largest cruise company in the world, reported a fall in full year revenues after what it called its most challenging year ever. In January, the firm's Costa Concordia liner ran aground off Tuscany resulting in the death of 30 people. However, the firm said through "the si
Read moreFTSE 100 movers: Rio and Vedanta track Chinese demand higher
18th Dec 2012 16:08
Miners such as Rio Tinto and Vedanta were strong performers throughout most of the day. Most market commentary attributed the gains to the generally risk-on atmosphere in markets. As well, many pointed to the fact that at their annual central economic work conference - last weekend - Chinese officia
Read moreWeek ahead: Keller Group, Carnival Group
15th Dec 2012 19:38
The coming week will begin with investors peering into their rear view mirrors to see what has been the result of the weekend meetings of China´s Central Economic Working Conference, which will set the tone for economic policies for 2013. The results of the weekend Japanese elections will also attr
Read moreFTSE 100 movers: Shire leads defensive stocks higher
4th Dec 2012 15:34
Shire was leading the defensive stocks after investors exercised caution as budget uncertainty in the US continues to weigh on sentiment. British Gas owner Centrica rose after partner EDF Energy announced that it has extended the life of two UK power stations by seven years. Tesco was on investo
Read moreLondon close: Footsie rallies on US budget hopes
19th Nov 2012 16:53
- Obama confident that 'fiscal cliff' will be dealt with - Markets await Eurogroup meeting on Greece - Egypt PM says Israel/Gaza truce may be near -Reuters - Banks and miners surge on increased risk Stocks rallied on Monday after hitting a four-month low the previous session on the back of increas
Read moreLondon midday: Markets rise as concerns over US budget ease
19th Nov 2012 11:35
Stocks advanced on Monday morning as optimistic comments by US lawmakers over the weekend regarding the budget lifted hopes that the government will come to an agreement to avert the impending 'fiscal cliff' by the January 1st deadline. "Today has very little in terms of economic data to be announc
Read moreLondon open: Stocks gain on optimism about 'fiscal cliff'
19th Nov 2012 08:23
Equity markets rose sharply on Monday morning as hopes about US lawmakers nearing a resolution to the 'fiscal cliff' sparked investors' appetites for riskers assets, such as mining stocks. Markus Huber, the head of German HNW trading at ETX Capital said this morning: "After Friday's heavy sell-off
Read moreLondon close: Footsie closes at worst levels since July
16th Nov 2012 16:37
- Stocks shaken by Middle-East tensions, reports of oil rig fire - US lawmakers class 'cliff' discussions as 'constructive' - Greek haircut worries dent sentiment The FTSE 100 sunk to its lowest level since July on Friday as rising tensions in the Middle East, Eurozone debt concerns and the worries
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