London midday: Smith & Nephew leads UK markets higher
29th May 2014 11:45
- FTSE 100 nears two-week high, S&P 500 to retest records - US GDP revisions due out this afternoon - Smith & Nephew extends gains amid M&A speculation - Kingfisher disappoints with Q1 results techMARK 2,815.99 +0.58% FTSE 100 6,872.56 +0.31% FTSE 250 16,017.89 +0.52% UK stocks were heading toward
Read moreLondon open: Stocks inch towards two-week high ahead of US data
29th May 2014 08:51
- Smith & Nephew up as M&A speculation continues - Kingfisher disappoints with Q1 results - FTSE 100 on track to hit two-week high - Chinese stimulus, US GDP in focus - Rates to rise "sooner rather than later", says MPC's Weale techMARK 2,803.00 +0.11% FTSE 100 6,866.03 +0.22% FTSE 250 15,947.93 +0
Read moreAggreko names Centrica director Weston as new CEO
29th May 2014 07:32
Aggreko, the temporary power and temperature control services group, has appointed Centrica board member Chris Weston as its new Chief Executive Officer (CEO). Weston, currently Managing Director of Centrica's International Downstream division, will replace Aggreko's interim CEO Angus Cockburn who
Read moreThursday newspaper round-up: Centrica, Pensions, Mitchells & Butlers
29th May 2014 07:05
British Gas is set to lose its second boss in quick succession with the imminent departure of Chris Weston, who has been poached by Aggreko, the FTSE 100 temporary power provider. Centrica, the owner of Britain's largest energy supplier, is expected to confirm the move in an announcement to the stoc
Read morePremier Foods Senior Independent Director adds 200,000 to stake
16th May 2014 16:10
Ian Krieger, the Senior Independent Director of Premier Foods, acquired 200,000 shares in the food manufacturing, processing and distribution group. Krieger, who joined the company in late 2012, paid 54.25p a share, spending a total of £108,500. Last month the company reported lower sales of its
Read moreThursday broker round-up UPDATE
15th May 2014 09:43
Anglo American: Credit Suisse ups target price from 1800p to 1850p downgrading to neutral. ASOS: Berenberg initiates with a target price of 5350p and a buy recommendation. Barclays: Jefferies lowers target price from 345p to 325p, while staying with its buy recommendation. Bioquell: N+1 Singer pl
Read moreCentrica JV to buy Canadian natural gas assets from Shell
15th May 2014 09:33
British Gas owner and energy group Centrica is to buy a package of natural gas assets in the Foothills region of Alberta, Canada. CQ Energy Canada Partnership (CQE), the joint venture between Centrica and Qatar Petroleum International (QPI), is buying the assets from Royal Dutch Shell's Canadian su
Read moreTuesday newspaper round-up: Ukraine, RBS, AstraZeneca
13th May 2014 06:18
Separatist leaders in Ukraine's volatile Donetsk region formally asked to become part of Russia on Monday, going beyond the simple independence question raised in a referendum and advancing the threat of Ukraine's break-up. The declaration bore some resemblance to the referendum and annexation scena
Read moreFriday broker round-up UPDATE
9th May 2014 08:44
Advanced Medical Solutions: Numis ups target price from 105p to 121p and retains its hold recommendation. Arrow Global: Numis upgrades from add to buy with a target price of 285p. Bank of Georgia: Numis downgrades from buy to hold with a target price of 2708p. Barclays: Citi lowers target price f
Read moreLondon close: Barclays and ECB´s Draghi push Footsie higher
8th May 2014 16:59
- FTSE closes up 42.81 points to 6,839.25 - ECB signals possible rate action in June - MPC maintains bank rate - Barclays unveils further job cuts techMARK 2,807.39 +0.59% FTSE 100 6,839.25 +0.63% FTSE 250 15,968.51 +0.55% The City ended today's session on a positive note, buoyed by speeches from
Read moreFTSE 100 movers: Barclays job cuts lift City spirits and blue chips
8th May 2014 14:22
Barclays led London's blue chips higher after it pleased the City with plans to slash 14,000 jobs in 2014 across the group as it aimed to become a 'leaner, stronger' bank. Shares in the company were up 7.2 per cent to 260.75p at 15:05 on Thursday. In what it described as a "bold simplification" of
Read moreLondon midday: Upbeat earnings provide a lift as BoE holds rates
8th May 2014 11:35
- Barclays, Standard Chartered, BT and Morrison rise after results - BoE holds policy, ECB in focus - Yellen signals need for continued support - Ukraine tensions ease slightly after Putin comments techMARK 2,796.26 +0.19% FTSE 100 6,836.23 +0.59% FTSE 250 15,916.36 +0.22% Decent gains from Barcla
Read moreLondon open: Barclays leads FTSE 100 higher ahead of central bank decisions
8th May 2014 08:32
- Barclays gains on job-cut announcement - Busy day for corporate earnings/updates - Yellen, Putin comments in focus - Focus turns to BoE and ECB ahead of policy decisions techMARK 2,799.70 +0.31% FTSE 100 6,827.33 +0.45% FTSE 250 15,963.95 +0.52% UK stocks rose on Thursday morning amid a flurry o
Read moreCentrica cuts 2014 earnings guidance - UPDATE
8th May 2014 07:11
- Earnings guidance reduced - Full year EPS expected to fall 13.5-17 per cent y-o-y - Mild weather hits UK, cold hits North America - Positive portfolio moves Energy company Centrica, owner of British Gas in the UK and Direct Energy in the US, downgraded it full-year earnings guidance due to challe
Read moreSunday newspaper round-up: AstraZeneca, Barclays, Mothercare
4th May 2014 12:49
Pfizer is preparing to put AstraZeneca in a "bear hug" by stating it will not increase its 63 billion pounds offer without getting a closer look at the UK company's drug prospects, the Sunday Times reported. The US giant will lobby Astra's shareholders to force it to enter talks and will also talk a
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