London open: FTSE 100 retreats as Barclays and Aberdeen fall
6th May 2014 08:35
- Barclays, Aberdeen and Balfour Beatty provide a drag - Ukraine tensions cap risk appetite - FTSE 100 pulls back from two-month high techMARK 2,800.50 +0.22% FTSE 100 6,810.43 -0.18% FTSE 250 15,950.66 +0.12% UK markets opened slightly lower on Tuesday morning as traders adopted a cautious approa
Read moreLondon pre-open: Small rise expected despite Chinese data, Ukraine
6th May 2014 07:40
UK investors are set to return in a fairly upbeat mood after the bank holiday weekend as they gear up for the latest macro data and are expected to shrug off disappointing Chinese economic figures coupled with the ongoing turbulence in Eastern Europe. City sources predict the FTSE 100 will open ar
Read moreCountrywide enjoys strong quarter, sees full-year at top end of targets
6th May 2014 07:05
- First quarter income surges 35 per cent - Recovery in residential property market continues - Confident in delivering full-year at top end of expectations Estate agent chain Countrywide said momentum in the later stages of 2013 continued into the first quarter of this year as the recovery in the
Read moreMonday broker round-up UPDATE
14th Apr 2014 09:16
AMEC: Deutsche Bank raises target price from 1250p to 1400p retaining a buy recommendation. AO World: Numis initiates with a target price of 350p and a buy recommendation. BBA Aviation: Goldman Sachs cuts target price from 425p to 405p and keeps a buy recommendation. Bovis Homes Group: Goldman S
Read moreLondon midday: Housing stocks lead markets lower
7th Apr 2014 11:42
- Markets pull back from one-month high - Crimea unrest dampens risk appetite - Housing stocks provide a drag techMARK 2,748.24 -0.80% FTSE 100 6,652.02 -0.65% FTSE 250 16,327.20 -0.65% UK stocks were firmly lower on Monday morning, pulling back after hitting a one-month high, as markets tracked a
Read moreLondon open: Stocks pull back from one-month high
7th Apr 2014 08:34
- Stocks track heavy losses in US and Asia - UK markets retreat from highest close since early March - CRH rises despite rivals' merger, housebuilders fall techMARK 2,741.16 -1.06% FTSE 100 6,646.69 -0.73% FTSE 250 16,282.85 -0.92% UK stocks fell sharply on Monday morning as investors booked profi
Read moreLondon midday: Insurance stocks push markets higher, but banks fall
26th Mar 2014 11:42
- FTSE 100 at highest since March 11th - Insurers provide a lift, Standard Life and Phoenix in focus - Lloyds drops after government sale, RBS downgraded - ECB, PBoC stimulus hopes and US data drive gains techMARK 2,787.86 +0.51% FTSE 100 6,630.79 +0.39% FTSE 250 16,273.83 +0.75% UK stocks were at
Read moreLondon open: Stocks at two-week high, Standard Life jumps
26th Mar 2014 08:19
- FTSE 100 set for best close since March 12th - Markets track gains on US, Asian indices - Standard Life, Phoenix agree on Ignis deal - Lloyds drops after government sale techMARK 2,793.31 +0.70% FTSE 100 6,620.06 +0.23% FTSE 250 16,264.06 +0.69% UK stocks edged higher on Wednesday morning with m
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 moreCountrywide revenue rises on market recovery, core business performance
27th Feb 2014 12:08
Property services group Countrywide posted an 11 per cent rise in total income for the year ended December 31st, driven by signs of recovery in the housing market, increased development activity and the strong performance of its core business. The results came as Chief Executive Grenville Turner an
Read moreFTSE 250 movers: Balfour Beatty boosted by RBC upgrade
5th Feb 2014 14:14
Infrastructure services group Balfour Beatty was among the best performers on the FTSE 250 on Wednesday after RBC Capital Markets upgraded its rating by two notches from 'underperform' to 'outperform', saying that the stock is geared to the recovery in the UK. "We believe that the outlook in its en
Read moreFTSE 250 movers: Ashmore declines on falling AuM
14th Jan 2014 15:49
Ashmore, a UK fund manager that invests in emerging markets, saw its shares dive after it said assets under management fell 4.1 per cent during the quarter ended December 31st amid continued market volatility. AuM fell to $75.3bn during the quarter from $78.5bn as a result of net outflows totalling
Read moreLondon midday: Stocks lower but losses trimmed as inflation eases
14th Jan 2014 11:20
- CPI inflation falls to BoE target - US earnings season in focus - UBS sees merger opportunities at BSkyB - Ashmore reports fall in AuM techMARK 2,800.75 -0.09% FTSE 100 6,740.89 -0.24% FTSE 250 16,152.84 -0.63% Nervousness ahead of the US earnings season and a disappointing update from fund mana
Read moreLondon open: Markets pull back from 10-week high, Ashmore drops
14th Jan 2014 08:35
- Ashmore reports fall in AuM, drags peers lower - Lockhart quashes stimulus optimism - FTSE 100 pulls back from 10-week high techMARK 2,798.85 -0.16% FTSE 100 6,723.86 -0.49% FTSE 250 16,144.85 -0.68% A disappointing set of results from Ashmore and a host of other stocks on the FTSE 350 dampened
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