FTSE 100 movers: ITV soars after beating market expectations
13th Nov 2012 14:59
Shares in ITV leapt after the broadcaster beat market expectations, despite net advertising revenue falling in the third quarter. NAR for the 'ITV Family' was down 10% in July, down 9% in August and down 1% in September, after taking a hit from the Olympics and Paralympics, which were shown on the B
Read moreCentrica denies market fixing claims
13th Nov 2012 10:28
British Gas owner Centrica has vigorously denied claims it had a hand in the manipulation of wholesale gas prices. Investigations are underway by the Financial Services Authority (FSA) and Ofgem following claims by a whistleblower. They centre on the claim that on 28th September - when information
Read moreSunday share tips: Mytrah Energy, BG Group, Centrica
4th Nov 2012 17:42
Mytrah Energy listed on the Alternative Investment Market on October 12th, 2010, at 115p. At the time it had no assets. Today it is the second largest independent wind power company in India, with contracts in place to sell electricity for the next 20 years. Wind turbines may be controversial in Br
Read moreBritish Gas to hike prices next month
12th Oct 2012 08:32
Centrica, which trades under the British Gas brand, is to hike domestic gas and electricity prices in November. Britain's biggest energy supplier has begun notifying its customers that it will raise domestic gas and electricity prices by an average of 6% on November 16th. According to British Gas,
Read moreFriday newspaper round-up: BAE, BoE, BP
12th Oct 2012 06:13
BAE Systems is examining a series of potential acquisitions to bolster its position in the United States in the wake of its failed merger with EADS. While British investors are demanding to see BAE's top brass on strategy, following the aborted 28bn pound merger, The Times has been told the defence
Read moreSunday newspaper round-up: Greece, BAE Systems, Britain´s banks
7th Oct 2012 18:06
Greece cannot have more time to repay its debt to the European Central Bank because it would be illegal and "illogical", board member Joerg Asmussen has said, as he shut the door on pleas for leniency from the bank. Mr Asmussen said that the ECB could not lengthen the time period for loans to Greece
Read moreLondon close: US data provides a late boost
3rd Oct 2012 16:34
- US services and labour figures lift stocks - Mixed economic data in China, UK and Europe - FTSE 100 finishes up 0.3 per cent The UK benchmark finished with mild gains on Wednesday afternoon after some better-than-expected data from the US managed to brighten the mood, which was dampened earlier b
Read moreSector movers: Tesco drags retail sector lower
3rd Oct 2012 16:20
The food and drug retail sector was the worst performing sector on Wednesday afternoon after a disappointing set of results from Tesco offset a solid trading update from supermarket peer Sainsbury. After an earlier fall, Sainsbury was higher after saying it had outperformed the market in the second
Read moreWednesday broker round-up - UPDATE
3rd Oct 2012 09:06
African Barrick Gold: Westhouse Secuirites raises target from 464p to 495p. AG Barr: Panmure Gordon keeps hold rating and 440p target. AstraZeneca: Panmure Gordon downgrades from buy to hold, target cut from 3,100p to 3,000p. Barclays: UBS downgrades from buy to neutral, 235p target unchanged. B
Read moreSector movers: SSE lights up electricity stocks after broker upgrade
29th Aug 2012 15:04
Gains for heavyweight utilities group SSE meant that the electricity sector was the best performing category on Wednesday afternoon. The company announced late on that power generation at its Glendoe hydro electric scheme, near Loch Ness, has re-started three years after a rock fall occurred in one
Read moreWednesday broker round-up -UPDATE
29th Aug 2012 09:38
888 Holdings: Investec upgrades from sell to buy target hiked from 18p to 95p. Advanced Medical Solutions: Singer Capital Markets upgrades to buy, target lifted from 80p to 82p. AstraZeneca: AlphaValue downgrades to reduce. Bunzl: Jefferies raises target from 835p to 860p, underperform rating kep
Read moreFTSE 100 movers: Xstrata rises despite Glencore CEO's comments
21st Aug 2012 14:45
Shares in Xstrata were higher throughout the day despite Glencore CEO Ivan Glasenberg saying that the proposed merger of the two companies is "not a must-do deal". Speaking to Dow Jones Newswires, he said: "If we don't do it now, we can do it in the future." Glencore was up after beating profit es
Read moreMonday broker round-up
13th Aug 2012 08:16
AMEC: HSBC cuts target from 1,280p to 1,275p, overweight rating kept. Aviva: Exane BNP Paribas downgrades to neutral. British American Tobacco: Nomura keeps buy rating and 3,390p target. British Land: JPMorgan Cazenove ups target from 560p to 610p, overweight rating kept. BSkyB: Nomura maintains
Read moreSector movers: GKN leads autos higher
6th Aug 2012 16:23
Some robust car-sales data out this morning saw the automobiles and parts sector rise strongly on Monday afternoon, with engineering group GKN providing a lift. New UK car registrations rose for the fifth month in a row in July, posting the strongest figures of 2012 so far. Registrations rose 9.3%
Read moreFTSE 100 movers: RBS and Barclays move to the fore
6th Aug 2012 13:55
Royal Bank of Scotland is moving higher after The Sunday Times reported that Brazil´s Banco Itau could be sizing up the lender´s US operations. Those assets could fetch a price of 10bn pounds the paper reported. Barclays was also up on widespread reports that it is planning an overhaul of its bonu
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