London open: Stocks rise after German GfK report
26th Jun 2012 08:37
- German consumer sentiment expected to improve - Cyprus asks for bailout - Moody's downgrades 28 Spanish banks London blue chips advanced in early trading on Tuesday as an unexpected rise in German consumer sentiment outweighed concerns over Cyprus and Spain. Also helping the mood this morning wa
Read moreThursday broker round-up
10th May 2012 09:28
Abcam: Canaccord Genuity reiterates hold recommendation and 370p target. Aveva: UBS upgrades from sell to neutral, 1,600p target unchanged. BAE Systems: AlphaValue upgrades from add to buy, target raised from 342.7p to 343.4p. BT: Jefferies keeps buy recommendation and 268p target; Nomura reitera
Read moreFriday tips round-up: Croda, Whitbread, Go-Ahead
27th Apr 2012 06:58
In the Telegraph, the Questor column puts speciality chemicals maker Croda firmly under the microscope. It makes many of the ingredients for cosmetics like lipstick and yesterday reported sales up 4.7% in the first quarter. The shares have been going great guns this year, up nearly 30% since Decem
Read moreFTSE 100 movers: Whitbread rises as AstraZeneca tumbles
26th Apr 2012 14:50
Whitbread, the FTSE 100 coffee shops, restaurants and hotels operator, was on a caffeine high after it topped expectations with full-year profits and sales, with the Costa Coffee chain once again driving growth. The good news also prompted Peel Hunt to reiterate its buy recommendation for the stock,
Read moreLondon midday: Footsie flat as AstraZeneca provides a drag
26th Apr 2012 11:51
- Footsie flat after strong start - AstraZeneca drops after disappointing first-quarter results - Domestic economic data comes in mixed After a strong rise early on, the FTSE 100 had erased gains to trade broadly flat by lunchtime after a mixed reception to a barrage of company results and trading
Read moreLondon open: Footsie rises after barrage of results
26th Apr 2012 08:36
- Unilever, Shell, Whitbread, Barclays rise after results/updates - Astra, Croda, Admiral provide a drag - Fed expects growth to 'pick up gradually' The FTSE 100 was heading for its third consecutive rise on Thursday with some well-received results from Unilever, Royal Dutch Shell, Whitbread and Ba
Read moreCroda hails record start to 2012
26th Apr 2012 07:30
Speciality chemicals manufacturer Croda International has achieved record results in the first quarter of 2012, driven by the group's highest ever quarterly sales and profits at its two-largest divisions, Consumer Care and Performance Technologies. The statement, due to be given by Chairman Martin
Read moreArena Chief puts his money where his mouth is
27th Mar 2012 15:53
Mark Elliot, Chief Executive of Arena, the race course owner, has acquired over two million shares in the firm. The company announced that over 12m ordinary shares in the firm were allotted for submission onto the LSE, over 8.7m of which were allotted following vesting of awards granted pursuant t
Read moreStandard Chartered earns 5.9m pounds worth of shares
16th Mar 2012 16:28
Peter Sands, Chief Executive at Standard Chartered, the Asia-focused banking colossus, earned himself 5.9m pounds-worth of shares in the company following the vesting of four separate reward payments. The pay-out came as the largest part of a £32m bonus paid to 10 of the company's directors. San
Read moreWednesday broker round-up - UPDATE
22nd Feb 2012 09:32
Vodafone: Credit Suisse cuts target from 175p to 170p, outperform rating kept. Vedanta Resources: Credit Suisse maintains neutral rating and 1,400p target. AMEC: UBS raises target from 1,225p to 1,325p, buy rating unchanged; Nomura raises target from 1,130p to 1,240p, buy rating unchanged. HSBC:
Read moreWednesday tips round-up: Morgan Sindall, Dragon Oil, Pendragon ...
22nd Feb 2012 06:57
In the Times, Tempus points out the long term strategy of construction firm Morgan Sindall. It is using earnings from core construction work to invest in regeneration projects, like town centres. It may well pay off, thinks Tempus, highlighting the 6% yield, but in the near term profits will be hard
Read moreLondon close: Stocks slip as doubts remain over Greece
21st Feb 2012 16:32
- Doubts still remain over Greek despite €130bn bailout. - Vedanta jumps on speculation of restructuring. - Kenmare rises on takeover rumours. London's blue chip index finished the day slightly lower as last night's approval by Eurozone finance ministers to grant Greece its next aid package underwh
Read moreSector movers: SEGRO weighs down REIT sector
21st Feb 2012 16:16
Real estate investment trusts (REITs) were falling today, with FTSE 250 industrial property owner SEGRO among the worst performers. SEGRO sent out mixed messages with its 2011 results this morning, with earnings per share up, net asset value (NAV) per share down and profits before tax turning into
Read moreFTSE 250 movers: Kenmare jumps as bid speculation continues
21st Feb 2012 14:40
Titanium miner Kenmare Resources was leading the risers today, extending its strong run as bid speculation continues to circulate. The stock is now up over 20% over the last month, with the Financial Times reporting last week that Rio Tinto or a Chinese firm could be eyeing the firm as a takeover ta
Read moreLondon midday: Stocks continue to fall after Greek bailout
21st Feb 2012 12:01
- Eurogroup approves Greek bailout. - Oil stocks drag Footsie lower. - Tullow Oil drops despite oil find in Sierra Leone. London's benchmark index was trading close to its intraday low at midday as investors pondered the future of the Eurozone following last night's Eurogroup approval of the next t
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