London open: Markets edge higher ahead of UK GDP figures
27th Nov 2013 08:15
- Second estimate of Q3 UK GDP due for release - Plenty of economic data from the States - Ex-dividend stocks limit gains in London techMARK 2,654.69 +0.19% FTSE 100 6,649.71 +0.20% FTSE 250 15,370.31 +0.42% UK markets edged higher on Wednesday morning despite some ex-dividend stocks capping gains
Read moreLondon close: Mining stocks drag FTSE 100 lower
26th Nov 2013 16:29
- Mining stocks track metals prices lower - Economic data from the US comes in mixed - BTG jumps on US approval of Varithena techMARK 2,649.54 -0.07% FTSE 100 6,636.22 -0.87% FTSE 250 15,306.13 +0.04% Weakness in the mining sector kept markets firmly in the red on Tuesday as a lack of newsflow and
Read moreFTSE 250 movers: BTG makes strong gains after FDA approval
26th Nov 2013 13:30
Healthcare company BTG was in the top spot after revealing it has received approval from the US Food and Drug Administration for its Varithena treatment. Varithena, which previously went under the name of Varisolve, is used to treat varicose veins, which can cause a range of unpleasant and painful s
Read moreBroker tips: Tesco, Petrofac, Airlines, De Le Rue
26th Nov 2013 11:42
Deutsche Bank has cut its target price for Tesco from 405p to 386p ahead of its third-quarter trading update next week, saying that like-for-like (LFL) trends have deteriorated. "We expect Q3 LfL trends to have deteriorated in most markets versus Q2, most notably in the UK, Thailand, Ireland and Ko
Read moreLondon midday: Stocks fall as investors await US data
26th Nov 2013 11:28
- Thanksgiving holiday to affect trading volumes - BTG jumps after Varithena approval - De La Rue, Mitchells & Butlers, Britvic gain after results - Glencore Xstrata drops on Las Bambas developments techMARK 2,652.61 +0.05% FTSE 100 6,663.62 -0.46% FTSE 250 15,343.14 +0.28% UK stocks headed slight
Read moreBroker snap: De La Rue upgraded by Investec to 'buy'
26th Nov 2013 10:44
Investec has upgraded its rating for banknote printer De La Rue from 'hold' to 'buy' following recent weakness in the share price with the stock offering a five per cent dividend yield. The broker said that there weren't any surprises in the interim results released on Tuesday following a detailed
Read moreLondon open: Stocks head lower ahead of quiet day
26th Nov 2013 08:31
- Thanksgiving holiday to affect trading volumes - Britvic, De La Rue, Mitchells & Butlers gain after results - Severn Trent delivers flat first half techMARK 2,647.48 -0.15% FTSE 100 6,682.98 -0.17% FTSE 250 15,321.35 +0.14% UK markets opened slightly lower on Tuesday morning as investors showed
Read moreTuesday broker round-up UPDATE
26th Nov 2013 08:18
BBA Aviation: Goldman Sachs shifts target price from 420p to 425p and reiterates a buy recommendation. BTG: Numis raises target price from 350p to 440p upgrading from reduce to hold. Cambria Automobiles: Panmure Gordon starts with a target price of 61p and a buy recommendation. Daily Mail & Gener
Read moreCost savings help De La Rue lift H1 profits by a fifth
26th Nov 2013 07:45
- Adjusted profits rise 20 per cent - Revenues fall as banknote print volumes slip - 'More difficult pricing environment' in printed banknotes Ongoing cost savings meant that De La Rue managed to increase profits by a fifth in the first half despite a slip in banknote print volumes. The banknote p
Read moreTuesday broker round-up UPDATE
5th Nov 2013 08:57
Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target
Read moreLondon close: Stocks pull back from five-month high
23rd Oct 2013 17:01
- Miners, banks weigh on Footsie - Money-market rates spike in China - RSA up on bid speculation techMARK 2,624.47 -0.41% FTSE 100 6,674.48 -0.32% FTSE 250 15,494.97 -0.11% The FTSE 100 finished in negative territory for the first time in 10 trading sessions on Wednesday as traders took profits af
Read moreFTSE 250 movers: De La Rue plunges on profit warning and downgrade
23rd Oct 2013 14:43
Banknote printer and ID services group De La Rue plunged after issuing a profit warning on Wednesday, saying that it would miss its full-year operating guidance by 10m pounds as a result of 'challenging trading conditions'.Investec added to further selling pressure today after downgrading its rating
Read moreBroker tips: Vodafone, Whitbread, ARM, De La Rue
23rd Oct 2013 12:15
Credit Suisse has hiked its target price for telecoms group Vodafone from 195p to 245p, saying that it sees a 50 per cent probability of a bid from US counterpart AT&T. However, one possible "red line" for the American company could be that a bid may put its own dividend cover at risk, the bank sug
Read moreLondon midday: Markets pull back from five-month high as banks fall
23rd Oct 2013 11:15
Concerns over the Chinese economy and a weak performance by banking stocks halted a nine-day winning streak for UK markets on Wednesday, as investors chose to take profits following a strong run. The FTSE 100 snapped a nine-day winning streak this morning, pulling back from Tuesday's finish of 6,69
Read moreBroker snap: Investec downgrades De La Rue after profit warning
23rd Oct 2013 10:51
Investec has downgraded its rating for banknote printer and ID services group De La Rue from 'add' to 'hold' after the company's profit warning on Wednesday. The broker explained that first-half results should be in line with expectations with operating profits up 18% at £39m after the company made
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