London open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read moreTuesday broker round-up UPDATE
3rd Jun 2014 08:31
Anglo American: Goldman Sachs reduces target price from 1240p to 1180p and keeps its sell recommendation. Balfour Beatty: UBS shifts target price from 225p to 230p maintaining its neutral rating. Barr (AG): N+1 Singer moves target price from 667p to 678p retaining its hold recommendation. Beazley
Read moreLondon close: Investors tread carefully ahead of record highs
28th May 2014 17:18
- Eurozone money supply weak, German unemployment rises - Markets cautious after recent highs - LSE leads financials higher - GSK to be investigated by UK fraud body techMARK 2,799.81 +0.48% FTSE 100 6,851.22 +0.09% FTSE 250 15,935.43 +0.58% UK stocks ended slightly higher after trading in a narr
Read moreFTSE 250 movers: De La Rue climbs on profit, broker comment
28th May 2014 14:00
Banknote printer De La Rue rose after it posted a 43% jump in full-year underlying operating profit and said it has entered the new financial year with a good order book. Helping it higher was Investec, which upped its target price from 890p to 915p and left its 'buy' recommendation unaltered. Al
Read moreLondon midday: Stocks rangebound as investors turn cautious
28th May 2014 11:38
- Eurozone data comes in mixed, German unemployment weak - Markets cautious after recent highs - RBS, LSE lead financials high - GSK to be investigated by UK fraud body techMARK 2,788.03 +0.06% FTSE 100 6,849.21 +0.06% FTSE 250 15,890.88 +0.30% UK stocks were trading in a narrow range on Wednesday
Read moreWednesday broker round-up UPDATE
28th May 2014 09:57
Accesso Technology Group: Numis initiates with a target price of 690p and a buy recommendation. Alternative Networks: Westhouse Securities upgrades from add to buy with a target price of 540p. Astra Zeneca: Deutsche Bank raises target price from 3800p to 3950p and keeps a hold recommendation. AVE
Read moreLondon pre-open: FTSE to inch higher ahead of European data
28th May 2014 07:40
Little change is expected amongst the blue chips this morning, ahead of the release of both German unemployment and Eurozone consumer confidence data, which come amid growing concerns over the stagnant recovery in the euro-area. City sources predict the FTSE 100 will open around three points higher
Read moreDe la Rue reports surge in full-year profit
28th May 2014 07:17
- Surge in full-year operating profit - Improvement Plan results in savings of 20m pounds - Expectations for this and next year unchanged Banknote printer De La Rue said it entered the new financial year with a good order book despite a more difficult pricing environment in the currency markets, a
Read moreUBM pinches De La Rue Chief Executive
25th Feb 2014 08:01
Marketing and communications services business UBM has appointed De La Rue's Chief Executive Officer to replace out-going David Levin. Tim Cobbold will leave De La Rue on March 29th, when non-executive Chairman, Philip Rogerson, will be appointed Executive Chairman until a new Chief Executive join
Read moreFriday broker round-up UPDATE
14th Feb 2014 10:26
Assura Group: Liberum Capital shifts target price from 44p to 44.40p and retains a buy recommendation. Barclays: Credit Suisse lowers target price from 270p to 260p and keeps a neutral rating. Bellway: Panmure Gordon raises target price from 1520p to 1639p and maintains a buy recommendation. UBS i
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 moreFTSE 250 movers: Serco recovers after profit warning slump
31st Jan 2014 15:16
Serco regained some of yesterday's losses, which saw shares dive as investors reacted to a profit warning in which the company predicted that 2014 profits would fall as much as 20 per cent short of the 277m pounds that the market had expected. Domino's Pizza was another high riser after saying tha
Read moreDe La Rue reiterates profit guidance despite tough conditions
31st Jan 2014 07:32
- Operating profit guidance reiterated at 90m pounds - Pricing still challenging in Currency Division - Solutions Division trading 'satisfactorily' Banknote printer De La Rue said it still expects strong profit growth for the full year despite tough conditions in both of its division. Trading duri
Read moreBroker snap: Panmure rues plastic banknotes loss for De La Rue
19th Dec 2013 11:41
Panmure Gordon notes that it was 'slightly disappointing' De La Rue missed out on the Bank of England's contract to produce a new plastic banknote 'does not bode well', retaining its 'hold' stance on the shares. The Bank (BOE) announced Innovia Security, which supplies Canadian and Australian notes
Read moreLondon close: Markets up after economic data, Lloyds rises
27th Nov 2013 16:43
- Economic data comes in broadly positive - Global indices trading near record highs - M&A speculation surrounds Lloyds, AMEC techMARK 2,658.82 +0.35% FTSE 100 6,649.47 +0.20% FTSE 250 15,406.67 +0.66% UK markets finished in positive territory on Wednesday as investors reacted to a flurry of econo
Read more