Wednesday newspaper tips: Prudential, Centamin
11th Dec 2013 09:51
Unlike in 2010, when it last set out its medium-term financial targets, this time around Prudential can point to a 126 per cent rise in the stock price and 1.8bn pounds in dividends paid out over the intervening period. However, the firms needs to provide greater clarity on what it expects in terms
Read moreCentamin makes offer for West African gold miner
10th Dec 2013 07:53
- Recommended offer for West African gold miner - Offer price of 22m pounds - Target has 100km of prospective development licences In order to dilute its dependence on unstable Egypt, gold miner Centamin has agreed an all-share takeover of Burkina Faso and Cote d'Ivoire-focused Ampella Mining. Aus
Read moreFTSE 250 movers: Berkeley lifts housebuilders higher after strong results and guidance
6th Dec 2013 15:29
Housebuilder Berkeley Group surged on Friday after reporting a 19.2 per cent jump in first-half profits and saying that full-year earnings could come in at the top end of analysts' expectations due to an earlier-than-expected completion of one its housing schemes in London. The company said that th
Read moreFTSE 250 movers: AZ Electronic Materials gains on Merck takeover
5th Dec 2013 15:16
AZ Electronic Materials advanced after Merck KGaA agreed to buy the speciality chemicals company for about 1.6bn pounds, a 53 per cent premium to the stock's closing price on Wednesday. Gold miner Centamin rallied as miners rebounded following a sell-off earlier in the week. Sector peer Polymetal h
Read moreLondon midday: Markets flat as BoE holds rates, AZ Electronic rockets
5th Dec 2013 12:01
- FTSE 100 at lowest level since October 14th - BoE, ECB announce policy decisions - US data in focus later on, Wall Street futures flat - AZ Electronic Materials rockets after Merck offer techMARK 2,644.54 +0.02% FTSE 100 6,504.39 -0.09% FTSE 250 15,200.92 +0.48% UK markets were rangebound on Thu
Read moreLondon open: FTSE 100 flat at seven-week low ahead of busy day
5th Dec 2013 08:23
- FTSE 100 at lowest level since October 14th - Central bank meetings, Autumn Statement in focus - Investors cautious ahead of jobs report tomorrow techMARK 2,644.71 +0.02% FTSE 100 6,509.08 -0.01% FTSE 250 15,152.45 +0.16% UK stocks opened broadly flat on Thursday morning with the FTSE 100 tradin
Read moreLondon close: FTSE 100 rises as investors celebrate Iran deal
25th Nov 2013 16:40
- Global indices continue to set new highs - P5+1 strikes deal with Iran over nuclear programme - Travel stocks rise, oil stocks fall techMARK 2,651.39 +0.35% FTSE 100 6,694.62 +0.30% FTSE 250 15,299.92 +0.74% UK financial markets on Monday celebrated the deal to limit Iran's nuclear activity with
Read moreFTSE 250 movers: Chemring jumps on full-year outlook
25th Nov 2013 15:29
Defence group Chemring surged after saying that expectations for the financial year ended October 31st remain in line with previous guidance despite the adverse market backdrop. Pork producer Cranswick also gained after beating forecasts with its interim results as first-half pre-tax profits rose 1
Read moreLondon midday: Travel stocks lift markets higher after Iran deal
25th Nov 2013 11:18
- Markets hail Iran accord over nuclear programme - Oil, gold prices drop after Iran deal - US markets set to extend record highs techMARK 2,654.27 +0.46% FTSE 100 6,695.66 +0.32% FTSE 250 15,292.96 +0.69% News of a deal constraining Iran's nuclear programme gave equity markets a lift on Monday mo
Read moreFTSE 250 movers: QinetiQ rises on in-line results
21st Nov 2013 15:24
QinetiQ, the defence, security and aerospace company saw its share price rise strongly after it raised its interim dividend per share to 1.4p from 1.1p, due to its confidence that its Organic-Plus strategy will deliver value to shareholders over the medium term on the back of in-line first half resu
Read moreLondon close: Ex-div stocks weigh as investors await Fed minutes
20th Nov 2013 16:17
- MPC warns of 'uncertainties' to recovery - FOMC in focus ahead of minutes - Ex-div stocks finish firmly lower techMARK 2,626.20 -0.68% FTSE 100 6,681.08 -0.25% FTSE 250 15,178.75 -0.57% UK markets finished firmly lower on Wednesday after a choppy session as investors adopted a cautious approach
Read moreFTSE 250 movers: Drop in gold price unsettles African Barrick
20th Nov 2013 15:47
African Barrick Gold was tracking the gold price lower today, with investors spooked after the commodity saw its value drop 10 dollars in the space of 10 seconds this morning following reports of alleged rigging of the gold price. Centamin was also lower. Bodycote extended yesterday's losses which
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
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 moreFTSE 250 movers: Moneysupermarket.com soars on earnings guidance
6th Nov 2013 15:04
Price-comparison group Moneysupermarket.com soared after lifting its earnings guidance following a "very strong" start to the fourth quarter boosted by energy-switching customers irked by utility price hikes. Transport firm FirstGroup was also higher after it said half-year losses narrowed as stron
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