Centrica to reduce British Gas bills by an average of 53 pounds
2nd Dec 2013 08:30
Centrica has unveiled plans to reduce its British Gas customer bills by an average of 53 pounds a year. The reduction comes after British Gas decided to reduce its household gas and electricity prices by an average of 3.2%, which is equal to an average of £41 of the firm's average annual dual fuel
Read moreMonday broker round-up UPDATE
2nd Dec 2013 08:22
Aberdeen Asset Management: Credit Suisse raises target price from 465p to 515p and maintains a neutral rating. Admiral Group: Citi moves target price from 1215p to 1220p and retains a neutral rating. AVEVA Group: Numis upgrades to buy with a target price of 2980p. AZ Electronic Materials: Deutsch
Read moreLondon open: Markets fall ahead of data-heavy week
2nd Dec 2013 08:12
- Markets drop ahead of key week for data - Chinese manufacturing beat forecasts in November - Utility companies pledge to pass on savings to customers techMARK 2,662.77 -0.42% FTSE 100 6,618.77 -0.48% FTSE 250 15,414.98 -0.33% UK stocks started December on a rather sour note, with markets sinking
Read moreLondon open: Markets edge higher ahead of UK GDP figures
27th Nov 2013 08:15
- Second estimate of Q3 UK GDP due for release - Plenty of economic data from the States - Ex-dividend stocks limit gains in London techMARK 2,654.69 +0.19% FTSE 100 6,649.71 +0.20% FTSE 250 15,370.31 +0.42% UK markets edged higher on Wednesday morning despite some ex-dividend stocks capping gains
Read moreFriday broker round-up UPDATE
22nd Nov 2013 08:04
African Barrick Gold: Westhouse Securities upgrades to neutral with a target price of 170p. Antofagasta: Investec cuts target price from 737p to 716p and keeps a sell recommendation. Bank of Georgia: Numis raises target price from 2101p to 2662p and maintains a buy recommendation. Canaccord Genuit
Read morePlexus does 0.85m-pound deal with Centrica
19th Nov 2013 12:38
Oil and gas engineering service business Plexus Holdings has extended a contract with Centrica North Sea Gas in a deal worth up to 850,000 pounds. Plexus has agreed to supply the gas production arm of the owner of British Gas with supply extra drilling equipment for the GROVE 49/10a-4 (G1) product
Read moreLondon close: Markets gain on QE speculation, Vedanta drops
15th Nov 2013 17:02
- Stocks extend gains on US stimulus hopes - US industrial production, NY manufacturing data misses forecasts - Vedanta drops sharply after interim report techMARK 2,649.29 0.00% FTSE 100 6,693.44 +0.41% FTSE 250 15,246.58 -0.07% Markets ended Friday's session with decent gains as investors contin
Read moreFTSE 100 movers: Vedanta shares hit by revenue decline
15th Nov 2013 14:27
Mining group Vedanta Resources dropped sharply lower as investors reacted to a 17 per cent drop in first-half revenue to 6.2bn dollars on the back of falling commodity prices. Shares in Centrica extended yesterday's declines which came after it warned market conditions remained challenging, partic
Read moreBroker tips: Centrica, Serco, Ultra Electronics
15th Nov 2013 11:31
Credit Suisse has cut its target price and reiterated its 'underperform' rating for British Gas owner Centrica, saying there are 'no major positives in sight' after the group's reduction in full-year forecasts. The bank said: "For us, the biggest concern is that 2014 organic growth has dropped to a
Read moreBroker snap: 'No major positives in sight' for Centrica, says Credit Suisse
15th Nov 2013 09:19
Credit Suisse has cut its target price and reiterated its 'underperform' rating for British Gas owner Centrica, saying there are 'no major positives in sight' after the group's reduction in full-year forecasts. The company on Thursday said that it now expects 2013 adjusted earnings per share (EPS)
Read moreFriday broker round-up UPDATE
15th Nov 2013 07:38
Amlin: Berenberg raises target price from 398p to 434p, but still recommends selling. Barclays cuts target price from 481p to 453p and retains an overweight rating. Antofagasta: Numis raises target price from 750p to 850p and reiterates a hold recommendation. AstraZeneca: Liberum Capital upgrades
Read moreLondon close: Fed's Yellen sparks gains on hopes of continued stimulus
14th Nov 2013 16:28
- Yellen comments in focus as taper speculation picks up - Corporate earnings come in mixed - Economic data weakens in UK, Eurozone techMARK 2,649.23 +0.90% FTSE 100 6,666.13 +0.54% FTSE 250 15,257.93 +0.51% Markets were able to shrug off some disappointing economic data on Thursday as hopes over
Read moreFTSE 100 movers: Aberdeen, Prudential, Burberry
14th Nov 2013 14:23
Aberdeen Asset Management's shares rebounded after falling earlier in the week on growing fears it could be caught up in a bidding war for Scottish Widows Investment Partnership. Prudential advanced after saying new business profit rose 12% in the first nine months of the year, driven by demand fo
Read moreLondon midday: Markets pare gains after poor economic data
14th Nov 2013 11:33
- UK retail sales fall 0.7 per cent in October - French, German GDP paint gloomy picture - Yellen says Fed has 'more work to do' techMARK 2,644.91 +0.73% FTSE 100 6,656.19 +0.40% FTSE 250 15,279.90 +0.66% Hopes over a continuation of US stimulus prompted a strong start for the FTSE 100 on Thursday
Read moreLondon open: Stocks surge on stimulus hopes after Yellen comments
14th Nov 2013 08:17
- Yellen says Fed has 'more work to do' - FTSE 100 rebounds from four-week low - French, German GDP paint gloomy picture techMARK 2,649.73 +0.92% FTSE 100 6,688.86 +0.89% FTSE 250 15,335.50 +1.03% Dovish remarks from the soon-to-be Chair of the Federal Reserve gave markets a big boost on Thursday
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