Diageo unveils changes to senior management team
28th Mar 2014 08:40
Consumer products giant Diageo on Friday announced several changes to the organisation of its senior management team. Gilbert Ghostine, who has been President of Asia Pacific since 2009, will from July take on responsibility for the group's Business Development, as well as its relationship with Mo
Read moreLondon close: Stocks finish in the red as miners, banks, Crimea drag
27th Mar 2014 16:59
- FTSE closes 16.98 points lower at 6,588.32 - Feb UK retail sales rise by more than expected - US jobless claims fall more than expected techMARK 2,763.04 -0.70% FTSE 100 6,588.32 -0.26% FTSE 250 16,202.17 -0.31% Stocks ended Thursday's session broadly lower as both the banking and mining sectors
Read moreSector movers: Defensive stocks gain as markets retreat
27th Mar 2014 14:54
Most defensive stocks were performing well on Thursday as more cyclical sectors bore the brunt of profit-taking after markets rose to a two-week high the previous session. Heightened geopolitical tensions in Crimea were pulling the FTSE 100 back from its highest closing level since March 12th after
Read moreThursday broker round-up UPDATE
20th Mar 2014 09:19
Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell. Investec cuts target price from 753p to 726p keeping its sell recommendation. Ashmore Group: HSBC Holdings lowers target price from 410p to 400p retaining its overweight rating. Avacta Group: Numis shifts target
Read moreLondon close: Shares higher as traders still hoping for best in Crimea
17th Mar 2014 16:59
- FTSE closes up 40.46 at 6,568.35 - Help to Buy extended, Persimmon leads gains - Crimea votes to rejoin Russia, travel bans imposed techMARK 2,796.14 +1.11% FTSE 100 6,568.35 +0.62% FTSE 250 16,297.38 +1.07% The City ended today's session in a buoyant mood, lifted by a strong performance amongst
Read moreFTSE 100 movers: Persimmon lifted by 'Help to Buy' extension
17th Mar 2014 14:40
Housebuilder Persimmon was in the top spot after UK Chancellor George Osborne announced that he is extending the 'Help to Buy' mortgage guarantee scheme by a further four years. Investors were also responding to Rightmove data which showed that asking prices for homes in the UK rose by 1.6% month-o
Read moreDiageo to lose President of New Businesses
14th Mar 2014 09:54
Drinks giant Diageo on Friday announced that Andrew Morgan, its President of New Businesses, is set to retire from the business. Morgan will step down from the Executive Committee on June 30th 2014 and leave the company three months later, after which he will continue to build a portfolio of non-e
Read moreThursday broker round-up UPDATE
13th Mar 2014 09:07
Advanced Medical Solutions: FinnCap ups target price from 75p to 114p retaining its hold recommendation. Antofagasta: Investec cuts target price from 764p to 753p and retains a sell recommendation. Barclays: Numis shifts target price from 274p to 280p upgrading from hold to add. BBA Aviation: JP
Read moreWednesday broker round-up UPDATE
5th Feb 2014 09:04
Afren: Westhouse Securities ups target price from 165p to 180p retaining a buy recommendation. Amlin: Nomura lowers target price from 467p to 442p maintaining a neutral rating. ARM Holdings: Jefferies reduces target price from 1300p to 1140p, while keeping a buy recommendation. Deutsche Bank cuts
Read moreAdvanced Computer Software Chairman sells 1m shares
4th Feb 2014 16:15
Michael Jackson, the Chairman of Advanced Computer Software Group, this week reduced his stake in the company with the sale of one million shares. The company, which provides healthcare and business management software and services, said in a statement that the shares were traded in across three tr
Read moreNorthern Petroleum Chief makes modest investment
3rd Feb 2014 16:59
Northern Petroleum on Monday announced that its Chief Executive Officer, Keith Bush, had the same day purchased 85,000 ordinary shares. Costing 31.18p each, Bush spent a total of £26,503 on the shares. The purchase marks his only holding in the group. Meanwhile, fellow board member, Stewart Gibs
Read moreMonday broker round-up UPDATE
3rd Feb 2014 09:18
Advanced Computer Software: Panmure Gordon shifts target price from 132p to 139p and keeps a buy recommendation. AGA Rangemanager: Canaccord Genuity initiates with a target price of 300p and a buy recommendation. Avon Rubber: Canaccord Genuity initiates with a target price of 720p and a hold recom
Read moreLondon close: FTSE 100 lower after choppy session, ends January down 3.5 per cent
31st Jan 2014 16:30
- FTSE 100 bounces off lows but still firmly lower - Index at six-week low, finishes January down 3.5 per cent - Eurozone CPI ramps up pressure on ECB - BT leads risers on upbeat guidance techMARK 2,774.88 -0.20% FTSE 100 6,510.44 -0.43% FTSE 250 15,674.37 -0.17% The UK stock market finished the w
Read moreBroker tips: BT, Diageo, Shell...
31st Jan 2014 12:08
Broker Hargreaves Lansdown said BT was 'firing on all cylinders' after the telecoms company forecast annual earnings at the top end of expectations. The broker's Richard Hunter said broadband demand, a strong performance outside the UK and BT's new sport channels had combined to produce "an impress
Read moreLondon midday: Stocks sink after surprise dip in Eurozone inflation
31st Jan 2014 11:35
- BT lifts earnings outlook for full year - Eurozone CPI raises deflation risks - German retail sales fall - FTSE 100 down three per cent on the week techMARK 2,759.01 -0.77% FTSE 100 6,463.74 -1.14% FTSE 250 15,621.08 -0.51% After a subdued start, UK markets sank sharply into the red on Friday mo
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