London midday: Stocks hit two-week low on Ukraine concerns
3rd Mar 2014 11:25
- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday
Read moreLondon open: Stocks drop sharply as Ukraine tensions rise
3rd Mar 2014 08:14
- Ukrainian concerns escalate - US condemns Russian military move - Financials fall sharply - Precious metal miners track gold and silver prices higher techMARK 2,867.09 -1.30% FTSE 100 6,744.93 -0.95% FTSE 250 16,488.43 -1.42% UK stocks were sold off sharply on Monday morning on the back of the
Read moreFTSE 250 movers: Intl Personal Finance rises on profit jump
26th Feb 2014 13:56
International Personal Finances shares jumped in today's session after its profit came in slightly ahead of expectations. Profit before tax leapt 24 per cent, prompting a 20 per cent increase to the dividend. Despite this, Panmure Analyst, Keith Baird, said: "Regulatory threats remain the chief risk
Read moreLondon pre-open: FTSE to open flat as investors weigh data
26th Feb 2014 07:27
- Flat start expected on FTSE - US data disappoints - Focus to be on UK GDP revision, German consumer confidence UK stocks are set for a broadly flat start this morning as investors digest a slight decline in the US and a mixed finish in Asia overnight, ahead of an announcement due out on UK gross
Read moreCentamin announces board change at newly-acquired Ampella
26th Feb 2014 07:01
Mining group Centamin announced Wednesday that its stake in Ampella Mining, via its wholly-owned subsidiary, Centamin West Africa Holdings, totalled 51.14 per cent, giving it the right to take effective control of Ampella's operations. It also gained the right to appoint a majority of the director
Read moreFTSE 250 movers: Ashmore dives as profits sink by a third
25th Feb 2014 15:30
Asset manager Ashmore was at the bottom of the pile after its first-half profits fell by a third as it counted the cost of investor wariness over emerging markets against a backdrop of the US winding down its bond-buying stimulus programme. The news prompted Canaccord to downgrade the stock to 'hold
Read moreFTSE 250 movers: Centamin jumps on reports of Egyptian law changes
24th Feb 2014 15:01
Shares of Centamin rose strongly on reports the Egyptian government's redrafted investment laws will prevent challenges from third parties on deals formed between the government and investors. According to Reuters, the news came from a cabinet source. Currys and PC World owner Dixons Retail has co
Read moreBoost for Centamin on reports of Egypt mulling new investment law
24th Feb 2014 14:48
Centamin, the gold miner with a focus on Egypt, saw its shares rise following reports that a draft investment law being put together by the Egyptian government contains provisions to prevent third parties from challenging contracts made between the government and an investor. Citing a cabinet sour
Read moreFTSE 250 movers: Playtech lifted by strong results and Ladbrokes deals
20th Feb 2014 15:39
Playtech jumped as it reported a rise in annual earnings as the gaming software development company signed two landmark deals with Ladbrokes to revamp the bookmarker's digital offering until 2017. Petra Diamonds also climbed after it said it is looking at commencing dividend payments in two years'
Read moreUK stocks rise ahead of Yellen, but Barclays slumps
11th Feb 2014 11:37
- Barclays drops seven per cent after 2013 results disappoint - Markets expecting 'dovish' Yellen, says analyst - Miners track metal prices higher - Retailers gain after economic data techMARK 2,825.35 +0.66% FTSE 100 6,643.63 +0.79% FTSE 250 16,012.87 +0.64% UK markets rose strongly on Tuesday as
Read moreFTSE 250 movers: Gold miners track Randgold higher
3rd Feb 2014 15:20
Gold miners Centamin and African Barrick Gold tracked sector peer Randgold higher after the FTSE 100 constituent said it hit targets for 2013, boosted gold production to a new record level and expects output to rise over the next five years. A 1.77% increase in the gold price, possibly in reaction
Read moreMonday broker round-up UPDATE
3rd Feb 2014 09:18
Advanced Computer Software: Panmure Gordon shifts target price from 132p to 139p and keeps a buy recommendation. AGA Rangemanager: Canaccord Genuity initiates with a target price of 300p and a buy recommendation. Avon Rubber: Canaccord Genuity initiates with a target price of 720p and a hold recom
Read moreCentamin predicts Sukari production will rise 18 per cent in 2014
30th Jan 2014 08:01
Gold miner Centamin has predicted its 2014 production from the Sukari mine will hit 420,000 ounces, an 18 per cent increase on last year. The expansion project at Sukari has reached the commissioning phase, with throughput expected to steadily increase during the year, enabling it to deliver on it
Read moreMonday broker round-up UPDATE
20th Jan 2014 08:41
Admiral Group: Canaccord Genuity raises target price from 1160p to 1400p and upgrades to hold. African Barrick Gold: Westhouse Securities lowers target price from 170p to 160p and downgrades to sell. Alkane Energy: Liberum Capital downgrades to hold with a target price of 44p. Allocate Software:
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
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