FTSE 250 movers: Polymetal lifted by broker comments
17th Mar 2014 13:55
Polymetal received a boost from Canaccord Genuity which raised the stock to 'buy' after lifting its assumptions for gold prices over the medium and long term. Kenmare Resources was recovering well after it last week posted losses of $44m for 2013, helped by positive comments from both Goodbody Stoc
Read moreLondon midday: Stocks snap six-day losing streak after Crimea vote
17th Mar 2014 11:36
- Crimea votes to rejoin Russia - Russia-West tensions high after referendum - Housebuilders rise on Help to Buy, housing data - Glencore Xstrata leads miners higher, Vodafone gains techMARK 2,783.12 +0.64% FTSE 100 6,551.58 +0.36% FTSE 250 16,237.65 +0.70% UK stocks were performing well on Monday
Read moreCrest Nicholson refinances for 'additional funding headroom'
14th Mar 2014 13:00
Housebuilder Crest Nicholson announced on Friday that it has signed new banking facilities worth a total of 280m pounds to provide 'additional funding headroom'. The new funds, which comprise a £200m revolving credit facility and a £80m ancillary facility, have a term of five years, repayable in Ma
Read moreGoldman foresees 'strong recovery' in UK housing market
12th Mar 2014 13:16
Goldman Sachs has upgraded Crest Nicholson from 'buy' to 'conviction buy', saying that the focus of the UK housebuilding sector is shifting from earnings to dividends after a strong reporting season. "Eight of the 12 UK housing-related companies under our mid-cap coverage have recently reported res
Read moreWednesday broker round-up UPDATE
12th Mar 2014 09:03
Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price from 527p to 502p and downgrades to neutral. British Land: Jefferies downgrades to hold with a target price of 707p. Brooks Macdonald Group: Canaccord
Read moreFriday broker round-up UPDATE
31st Jan 2014 09:43
Aberdeen Asset Management: Berenberg cuts target price from 555p to 530p staying with its buy recommendation. Amlin: Canaccord Genuity moves target price from 420p to 430p reiterating a hold recommendation. ARM Holdings: Credit Suisse cuts target price from 1150p to 1100p and reiterates an outperf
Read moreFTSE 250 movers: F&C Asset Management continues to soar
28th Jan 2014 15:25
Shares in F&C Asset Management extended yesterday's strong gains which came after the group confirmed reports it had received an indicative offer from Canadian bank BMO Financial Group of 120p a share in cash. Today the group confirmed it would recommend the £708m deal to shareholders and said it
Read moreLondon pre-open: FTSE to take breather ahead of GDP data
28th Jan 2014 07:11
- Stocks to inch lower - 2013 GDP to show strongest year since 2007 - Also focusing on US consumer confidence and durable goods City sources predict the FTSE 100 will open two points lower than yesterday's close of 6,550.66 as investors pause for breath after two sessions of heavy declines. US s
Read moreCrest Nicholson declares FY dividend as 2013 profit rises
28th Jan 2014 07:00
Housebuilder Crest Nicholson declared a final dividend after returning to the UK stock market last year as a rising housing market helped it to boost profits by 40 per cent. Crest, which floated on the London Stock Exchange in February, said it was proposing a final dividend of 6.5p for payment on
Read moreSunday share tips: Crest Nicholson, Shell, LiDCO
26th Jan 2014 16:46
Buy shares of Crest Nicholson, the Sunday Times's Danny Fortson said. The housebuilder will announce a small annual dividend with its results on January 28th - the first payout since its restructuring and return to the stock market. Boss Stephen Stone is also likely to say Crest has hit its target o
Read moreWednesday broker round-up UPDATE
20th Nov 2013 08:46
Afren: Liberum Capital raises target price from 197p to 232p and maintains a buy recommendation. AstraZeneca: Berenberg cuts target price from 3472p to 3430p reiterating a hold recommendation. AVEVA Group: Liberum Capital reduces target price from 2350p to 2250p and keeps its hold recommendation.
Read moreLondon close: Footsie continues orderly retreat
9th Oct 2013 16:10
The ongoing debt-ceiling debate saw the Footsie slip moderately lower on Wednesday, with the nomination of arch-dove Janet Yellen to the Chair of the US Federal Reserve doing little to assuage market worries. London's benchmark FTSE 100 index ended Wednesday's session at 6,337.91, a level not seen
Read moreWednesday broker round-up UPDATE
9th Oct 2013 07:57
Air Partner: Liberum Capital initiates with a target price of 555p and a buy recommendation. Alent: Credit Suisse moves target price from 420p to 430p and keeps an outperform rating. AZ Electronic Materials: Credit Suisse revises target price from 350p to 330p, while staying with its neutral ratin
Read moreLondon open: Banks lead markets lower ahead of FOMC meeting
17th Sep 2013 08:14
Following a strong start to the week, investors turned cautious ahead of the conclusion of the Federal Open Market Committee (FOMC) meeting tomorrow afternoon as markets ready themselves for one of the most closely-watched US policy decisions in recent years, given rising expectations that the Fed w
Read moreLondon pre-open: Markets to pull back from six-week high ahead of Fed
17th Sep 2013 07:30
Stocks are expected to pull back from a six-week high on Tuesday morning as markets await the outcome of this month's Federal Reserve monetary policy meeting. Equities started the week strongly after the announcement by well-known hawk Larry Summers that he has dropped out of the race to take over
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