London pre-open: FTSE 100 tipped to open higher
10th Aug 2015 07:12
(ShareCast News) - City sources predict the FTSE 100 will open 30 points higher than Friday's close of 6,718.49. European equities are set to start with gains this morning, as they par back some of Friday's losses, London Capital Group night dealer Jonathan Sudaria said. "However, despite the posit
Read moreFTSE 100 movers: Royal Mail dips as Ofcom suggests price cap, M&S hit by executive resignation
17th Jul 2015 15:37
(ShareCast News) - London markets were little changed on Friday, as hawkish comments from Bank of England Governor Mark Carney were balanced by Germany voting in favour of Greece's bailout package. As of 15:00 BST, the FTSE 100 was trading flat at 6,783. Royal Mail topped the fallers after Ofcom su
Read moreThursday broker round-up
16th Jul 2015 18:10
(ShareCast News) - Aveva Group: Panmure Gordon reiterates buy and 1,420p target. BP: JP Morgan Cazenove reiterates overweight. Centrica: Berenberg Bank reiterates underperform and ups target to 1,060p from 1,000p. Dixons Carphone: Canaccord Genuity ups target to 530p from 500p while reiterating bu
Read moreFTSE 100 movers: Shire higher on positive broker coverage, Rio Tinto boosted as production improves
16th Jul 2015 14:47
(ShareCast News) - London markets inched higher on Thursday, spurred on by reports of progress in Greece and strong performances from oil, engineering and property stocks. As of 1430 BST, the FTSE 100 was trading 0.6% higher at 6,791. Shire got a leg up as Berenberg re-initiated coverage of the sto
Read moreDixons Carphone posts 21% jump in pre-tax profit
16th Jul 2015 08:15
(ShareCast News) - Dixons Carphone posted a 21% rise in pre-tax profit in its final results and said its integration was progressing well. For the 13 months to 2 May 2015, pre-tax profit came in at £381m from £316m last year, on revenue of £9.9bn, up 6% from 2014 on a like-for-like basis. The numbe
Read moreThursday preview: Sports Direct reports full-year earnings, Fed's Yellen delivers testimony
15th Jul 2015 15:22
(ShareCast News) - Sports Direct is expected on Thursday to post an increase in full-year earnings in line with market consensus. In May, the retailer of sporting goods said underlying earnings before interest, tax, depreciation and amortisation (EBITDA) would match analysts' forecasts but pre-tax p
Read moreWednesday newspaper round-up: UK power restrictions, James slams apprentice levy
15th Jul 2015 09:08
(ShareCast News) - Britain's electricity supplies will be at their tightest level in a decade this winter, forcing the country to rely on emergency measures to ensure the lights stay on, according to official forecasts. The closure of three power stations has increased the risk of blackouts since la
Read moreLondon close: BP leads UK stocks higher, but other markets slip
2nd Jul 2015 16:44
Decent gains from blue chips BP and Dixons Carphone helped UK markets to rise on Thursday, bucking the negative trend seen across Europe as investors started to trim positions ahead of a pivotal weekend for Greece. With Greece confirming its intention to hold a referendum on Sunday, and the country'
Read moreFTSE 100 movers: Intertek hit by downgrade, miners higher
2nd Jul 2015 13:14
The FTSE 100 was buoyed by a tentative recovery in metal prices, strong construction data and gains in the pharmaceuticals, insurance and telecommunications sectors on Thursday. As of 15:00 BST, London's blue chip index was trading 0.5% higher at 6,638. BP led the index higher after a robust rally
Read moreLondon open: Stocks open flat on uncertainty ahead of Greek referendum
2nd Jul 2015 09:11
UK stocks opened broadly flat on Thursday morning as fading optimism about a Greek debt deal and an upcoming US jobs report gave investors reasons to be cautious. The FTSE 100 was down 0.07% at 6,603.96 early on. After showing signs of conceding ground on Wednesday and offering to meet most of the
Read moreLondon pre-open: Stocks to fall as Greek hopes fade, US jobs data ahead
2nd Jul 2015 07:57
UK stocks are expected to slip in early trading on Thursday after the Greek government confirmed it would be pushing ahead with a referendum on Sunday, dashing hopes of an imminent debt deal with creditors. Investors were also likely to tread cautiously ahead of the all-important US employment repor
Read moreDixons Carphone rallies after agreeing US retail deal with Sprint Corp
2nd Jul 2015 07:08
Shares in Dixons Carphone rallied nearly 5% on Thursday after the company said that its Connected World Services (CWS) division has entered into an agreement with Sprint Corp to open and manage a significant number of Sprint-branded stores in the US. In the initial phase, Dixons Carphone will supply
Read moreFTSE 100 movers: supermarkets, tobacco and mining stocks rebound
3rd Jun 2015 13:24
UK stocks were trading higher on Wednesday afternoon, led by gains in the construction, food retail and engineering sectors. As of 14:30 BST, the FTSE 100 was trading 0.46% points higher at 6,960. Morrisons and Sainsbury extended gains, following Tuesday's positive sentiment from Kantar Worldpanel,
Read moreLondon midday: High Court blocks Lloyds attempt to redeem hybrid debt
3rd Jun 2015 12:34
Stocks drifted higher as investors waited for the release of a host of economic data, while Greece and its creditors staked out their respective positions ahead of a meeting between both sides. As of 12:16 the Footsie was higher by 15.83 points to reach 6,944.05. Greece's prime minister Alexis Tsip
Read moreLondon open: Greece and its creditors stake out their positions
3rd Jun 2015 08:59
Stocks began the morning moving slightly lower as investors waited on a host of economic data and Greece and its creditors staked out their respective positions ahead of a meeting between both sides. As of 09:26 the Footsie was down by 0.04 points to reach 6,928.23. Greece's prime minister Alexis T
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