London close: Stocks end week on strong note after US jobs report
6th Jun 2014 16:59
- Markets upbeat after US jobs data - Asset managers lead gains - Consumer staples and defensives unwanted techMARK 2,851.59 +0.95% FTSE 100 6,858.21 +0.66% FTSE 250 16,232.90 +1.48% Equities ended the session clearly higher, bolstered by a more or less in-line US non-farm payrolls report. Never
Read moreSector movers: Defensive stocks fall as US data boosts risk appetite
6th Jun 2014 14:17
Consumer-staple stocks were bearing the brunt of an increase in risk appetite on Friday as decent economic data from the States lifted sentiment. The all-important monthly US non-farm payrolls report, which has partly prompted investor caution over the past few sessions in London, came in ahead of
Read moreLondon midday: Stocks up ahead of non-farm payrolls, UK trade data worsens
6th Jun 2014 11:32
- Markets upbeat ahead of US jobs data - UK trade deficit at highest level since November - ECB still in focus - M&A speculation surrounds Smith & Nephew, Centrica techMARK 2,844.51 +0.70% FTSE 100 6,831.30 +0.26% FTSE 250 16,137.01 +0.88% A worse-than-expected increase in the UK trade deficit cou
Read moreLondon close: FTSE dips as traders eye elections in Europe and Ukraine
23rd May 2014 16:59
- FTSE closes down 4.81 points to 6,815.75 - Sentiment weighed by Bank Holiday, elections, Ukraine - US new home sales rise techMARK 2,758.00 +0.51% FTSE 100 6,815.75 -0.07% FTSE 250 15,706.03 +0.20% It was a negative finish for UK stocks in the final session of the week, with investors focused on
Read moreFTSE 100 movers: SABMiller retreats on profit taking after strong results
23rd May 2014 15:41
SABMiller retreated following yesterday's strong rise, which came on the back of a strong set of annual results. The group posted a 2% rise in adjusted pre-tax profit to $5,712, while the dividend was increase to 105 cents, up from 101 cents a year earlier. Sector peer Diageo tracked the stock lo
Read moreLondon close: European and US concerns weigh on Footsie
15th May 2014 16:59
- FTSE closes down 37.60 points at 6,840.89 - Eurozone GDP misses expectations, Italy, France disappoint - Russia says oil must be paid for - Telecoms, airlines fall techMARK 2,757.75 -1.26% FTSE 100 6,840.89 -0.55% FTSE 250 15,616.54 -2.24% The City ended today's session on a downbeat note, weigh
Read moreFTSE 100 movers: LSE climbs on revenue rise
15th May 2014 15:29
LSE rose strongly after it reported a 10 per cent rise in annual revenue to 1.1bn pounds helped by the acquisition of LCH.Clearnet business. While profits fell on the back of higher expenses due to the purchase, the company said it has identified significant cost savings as part of the integration.
Read moreBroker tips: Diageo, Ocado, Devro
28th Apr 2014 11:53
Credit Suisse has downgraded its rating for Diageo from 'outperform' to 'neutral', saying that challenges are mounting at the drinks group. The bank has lowered its target price for the stock from 2,200p to 1,950p after cutting its earnings per share estimates for next year by 8% to 101p on the bac
Read moreCredit Suisse downgrades Diageo as 'challenges mount'
28th Apr 2014 09:28
Credit Suisse has downgraded its rating for Diageo from 'outperform' to 'neutral', saying that challenges are mounting at the drinks group. The bank has lowered its target price for the stock from 2,200p to 1,950p after cutting its earnings per share estimates for next year by 8% to 101p on the bac
Read moreTuesday broker round-up UPDATE
22nd Apr 2014 07:39
ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation. Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation. Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy. Beazle
Read moreLondon close: Barclays rises ahead of strategy update
17th Apr 2014 16:57
- Ukraine turmoil continues as clashes turn deadly - Investors cautious ahead of four-day weekend - US corporate earnings in focus - Barclays rises as investors look forward to strategic update Market Movers techMARK 2,679.96 +1.07% FTSE 100 6,625.25 +0.62% FTSE 250 15,907.91 +1.03% UK stocks fini
Read moreSector movers: Diageo and Remy Cointreau hit beverage stocks
17th Apr 2014 15:26
The beverage sector was hit hard on Thursday by disappointing updates from global drinks groups Diageo and Remy Cointreau. Year-to-date organic revenue growth at London-listed Diageo was held back by sales declines in the third quarter due to weakness across many emerging markets, the company said
Read moreFTSE 100 movers: Barclays leads banks higher on shake-up speculation
17th Apr 2014 14:07
The share price of Barclays rose strongly on Thursday amid speculation the bank could announce thousands of further job cuts in its investment banking division as part of a corporate shake-up. Barclays released a statement today which announced that it would update shareholders next month on its s
Read moreLondon midday: Markets flat as Ukraine crisis dampens risk appetite
17th Apr 2014 11:55
- Ukraine turmoil continues as clashes turn deadly - Investors cautious ahead of four-day weekend - US corporate earnings in focus - Diageo, Remy Cointreau dampen sentiment in beverage sector techMARK 2,660.88 +0.35% FTSE 100 6,581.75 -0.04% FTSE 250 15,833.37 +0.56% UK stocks were broadly flat on
Read moreLondon open: Diageo leads stocks lower ahead of Easter weekend
17th Apr 2014 08:26
- Ukraine crisis in focus as leaders meet in Geneva - US data, corporate earnings closely watched - Diageo drops as weak Q3 dampens growth techMARK 2,653.18 +0.06% FTSE 100 6,565.34 -0.29% FTSE 250 15,771.90 +0.16% UK stocks fell on Thursday morning as investors adopted a cautious stance ahead of
Read more