FTSE 100 movers: easyJet hit by Bank of America target cut
30th Jun 2014 16:34
easyJet was a big faller after Bank of America cut its price target and lowered its outlook for the airline, blaming its decision on higher fuel costs and profit warnings amongst other stocks in the sector. Its peer, IAG was also flying lower, while Sports Direct was hot on its heels as investors
Read moreSector movers: Diageo-SAB tie-up rumours lift beverages
30th Jun 2014 15:08
A potential tie-up of the beverages sector's two-largest constituents gave the category a boost on Monday, on an otherwise subdued session in London with the wider market in search of direction. Shares in Diageo and SABMiller were on the rise today, up 1.8% and 0.2% respectively, after it was rumou
Read moreLondon midday: Stocks lack direction as investors digest data
30th Jun 2014 12:13
- UK mortgage approvals fall to 11-month low - Eurozone inflation remains subdued at 0.5% - Chicago PMI, US pending home sales ahead - Diageo rises on SABMiller merger reports techMARK 2,819.43 +0.06% FTSE 100 6,750.89 -0.10% FTSE 250 15,719.66 +0.24% London stocks had erased gains by Monday lunch
Read moreLondon open: Shire leads FTSE higher as investors eye Iraq
20th Jun 2014 08:43
- Shire jumps after £27bn AbbVie approach - Mining stocks rise - Obama sends 300 military advisers to Iraq techMARK 2,851.07 +1.31% FTSE 100 6,827.84 +0.29% FTSE 250 15,745.93 +0.40% A strong performance from mining stocks and more M&A activity in the pharmaceutical sector gave UK markets a boost
Read moreLondon 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
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