FTSE 250 movers: Bovis Homes drives housebuilders higher
8th Nov 2013 15:25
Bovis Homes drove housebuilders higher on Friday after it underlined the healthy state of Britain's housing market by revealing that its forward order book was in its "best position for many years". It said government measures such as the Help to Buy scheme had contributed to an already more confide
Read moreFriday broker round-up UPDATE
8th Nov 2013 09:21
Abcam: Canaccord Genuity moves target price from 396p to 386p and keeps a sell recommendation. N+1 Singer shifts target price from 450p to 445p downgrading to sell. Aberdeen Asset Management: Jefferies lowers target price from 440p to 430p and reiterates a hold recommendation. Anglo American: Gold
Read moreFTSE 250 movers: Halfords charges higher on strong H1
7th Nov 2013 15:39
Car- and bike-parts retailer Halfords saw its shares rocket after delivering an impressive first half. The group posted profit before tax in the first six months of the year rose 6.4% to £44.6m, well ahead of the £38.9m forecast by analysts. Adding to the gains, Investec reiterated its 'buy' ratin
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read moreDairy Crest revenue diluted by weak Spreads division
7th Nov 2013 08:56
- Half-year revenue slips, returns to pre-tax profit - Weak spreads, progress at key brands - Confident for full year performance Dairy Crest revealed a mixed set of half-year results as progress at its four key brands was offset by persistent difficulties its Spreads division. The group, whose k
Read moreTuesday broker round-up UPDATE
8th Oct 2013 11:39
Aviva: Alphavalue shifts target price from 366.70p to 366.20p downgrading from reduce to sell. Barclays: Credit Suisse reinitiates with a target price of 280p and a neutral recommendation. BHP Billiton: Alphavalue reduces target price from 1972.70p to 1732p downgrading from add to reduce. Chesnar
Read moreLondon close: Fed uncertainty, US debt ceiling weigh on stocks
23rd Sep 2013 16:27
Concerns about the US economy weighed heavily on global stock markets on Monday as investors focused on comments from Federal Reserve officials and the ongoing debt-ceiling debate. The FTSE 100 finished down 39.06 points on the day at 6,557.37. "Those of the opinion that stock markets have oversho
Read moreLondon midday: Stocks lower on German elections, US debt ceiling
23rd Sep 2013 11:18
Elections in Germany, an uncertain outlook for Federal Reserve monetary policy and a debate over the US debt ceiling weighed on markets on Monday morning, as traders shrugged off upbeat data from China and the Eurozone. The HSBC/Markit flash purchasing managers' index (PMI) for China's manufacturin
Read moreLondon open: Stocks slip despite Merkel victory in German elections
23rd Sep 2013 08:04
Stocks slipped into the red on Monday morning as investors digested this weekend's elections in Germany along with the uncertain outlook for monetary policy in the US. German Chancellor Angela Merkel's CDU/CSU party won 41.5% of the vote in the federal elections this weekend after winning 311 seats
Read moreLondon pre-open: Markets seen lower after German elections
23rd Sep 2013 07:35
Markets are expected to open slightly lower on Monday morning as investors digest this weekend's elections in Germany along with the uncertain outlook for monetary policy in the US. City sources predict the FTSE 100 will open down around eight points from Friday's close of 6,596.43. German Chance
Read moreDairy Crest boosted by Cathedral City
23rd Sep 2013 07:10
Dairy foods firm Dairy Crest said a strong performance from its well-known cheese Cathedral City helped it perform in line with company expectations for the half year while targets for the full year remain unchanged. The group, which is best known as the maker of Cathedral City cheese, Country Life
Read moreDairy Crest Financial Director reduces stake by 3,000
27th Aug 2013 15:37
Tom Atherton, the Financial Director of Dairy Crest Group, has sold 2,944 shares, reducing his stake in the company to 3,347. The shares were sold at the average price of 510p over a period of three days. The dairy foods company last month said overall trading in the first quarter was in line wi
Read moreWednesday tips round-up: Rio Tinto, Dairy Crest, Yahoo
17th Jul 2013 06:39
Rio Tinto's production numbers on Tuesday showed the miner is operationally strong, especially in iron ore, The Telegraph's Questor said. The company mined 66m tonnes of iron ore in the second quarter, up 7.0 per cent year-on-year. Iron ore accounted for 86 per cent of earnings last year. Plans to i
Read moreDairy Crest maintains full year outlook
16th Jul 2013 07:12
Dairy foods company Dairy Crest said overall trading in the first quarter has been in line with company expectations and targets for the full year remain unchanged. The group said sales of two of its key brands Cathedral City and Clover increased in the quarter ended June 30th 2013 compared to the
Read moreLondon midday: FTSE 100 up one per cent as sentiment improves
26th Jun 2013 11:21
Strong US data out yesterday, improving consumer confidence in Germany and measures by the Chinese central bank to ease a credit squeeze, all combined to give markets a boost on Wednesday with London's FTSE 100 jumping one per cent by midday. Nevertheless, mining stocks were under pressure in morni
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