25th Jan 2017 14:47
(ShareCast News) - Cyclicals led the advance, led by Automobile stocks such as GKN and construction outfits like CRH, both of which benefit from bets on an improving world economy, especially in the States. Banks were also higher, boosted by bumper full-year results from Spanish lender Santander, am
Read more17th Nov 2016 07:19
(ShareCast News) - Building materials group CRH reported a 6% rise in cumulative sales in the first nine months of the year and said it continues to expect earnings for the year to be in excess of €3bn. In a trading update for the period from 1 January to the end of September, the company said cumul
Read more16th Nov 2016 14:26
(ShareCast News) - While some UK investors will be keeping an eye on official retail figures, the amount of market emotion tied up in the American political and economic transition means the first speech from Federal Reserve chair Janet Yellen since the election will be microscopically examined. The
Read more16th Nov 2016 14:09
(ShareCast News) - Construction stocks were generally lower following a poor trading statement from Barratt Developments, with the home builder coming out and telling clients it had to cut prices at the upper end of the housing stock in the capital. The likes of CRH also came under selling pressure,
Read more9th Nov 2016 15:23
(ShareCast News) - Credit Suisse remained constructive on global equities in the wake of Donald Trump's US election win, as it highlighted the benefits to defence, infrastructure and pharmaceutical plays. The bank said most of Trump's more troubling policies, such as those on immigration and protect
Read more9th Nov 2016 15:17
(ShareCast News) - Steel and mining stocks led gains for another session, amid widespread gains for most base metals and coal, helped by an initial bout of weakness in the US dollar. As of 1650 GMT, the US dollar was trading higher by 0.47% to 98.32 points after having earlier hit an intra-day low a
Read more2nd Nov 2016 15:24
(ShareCast News) - Peel Hunt downgraded Kaz Minerals to 'hold' from 'add' after its third-quarter production report but upped the price target to 275p from 200p as it took a look at the copper sector. It noted the shares are up 30% in the last month and 180% in the year to date. "While Kaz Minerals
Read more2nd Nov 2016 09:03
(ShareCast News) - CRH was given a boost on Wednesday after Canaccord Genuity upgraded its rating on the building materials business to 'buy' from 'hold' and reiterated a target price of €32.00. Canaccord said recent data suggests that the group's end markets should be enjoying continued positive tr
Read more5th Sep 2016 15:21
(ShareCast News) - Big Oil again lent its heft to the market´s advance after Russia and Saudi Arabia unveiled an agreement to collaborate in the energy space. In a statement issued at the Group of 20 meeting in Hangzhou,China the oil producers said they would set up a working group to monitor the ma
Read more30th Aug 2016 22:07
(ShareCast News) - Cyclicals drove gains on the FTSE indices as trading resumed after the Bank holiday, although it was food producers which did best, with an upgrade out of RBC giving shares in Associated British Foods a boost. The broker upgraded its recommendation on stock in the owner of Primark
Read more26th Aug 2016 15:58
(ShareCast News) - Societe Generale downgraded its recommendation on building materials group CRH to 'hold' from 'buy' following the stock's outperformance. The bank said CRH's equity story is still attractive, but after the 31% year-to-date outperformance versus the broader market, the medium-term
Read more26th Aug 2016 10:38
(ShareCast News) - Societe Generale downgraded its recommendation on building materials group CRH to 'hold' from 'buy' following the stock's outperformance. The bank said CRH's equity story is still attractive, but after the 31% year-to-date outperformance versus the broader market, the medium-term
Read more25th Aug 2016 07:06
(ShareCast News) - Building materials group CRH winched its half-year dividend a touch higher as it reported the early stages of an economic recovery in Europe. Having been flat in the first quarter, European sale rose 3% in the six months to 30 June, which coupled with a slight slowing in the rapid
Read more24th Aug 2016 13:07
(ShareCast News) - Playtech is expected to reveal healthy revenue growth in its first half results on Thursday, driven by a strong performance in its casino business. UBS estimates the gambling software development company will post a 12% increase in revenue to €348m on an organic constant currency
Read more17th Aug 2016 13:49
(ShareCast News) - Insurance stocks dragged on the London equity market after Admiral reported a drop in its so-called Solvency II coverage ratio at the half-year stage from 206% to 180%, courtesy of a large drop in interest rates which in turn boosted its liabilities, particularly in the case of it
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