London midday: Stocks gain, ECB in focus as inflation eases
7th Jan 2014 11:31
- Eurozone inflation eases to 0.8 per cent - ECB in focus ahead of meeting on Thursday - Banks lift Footsie into positive territory techMARK 2,796.28 +0.14% FTSE 100 6,761.20 +0.45% FTSE 250 16,076.04 +0.17% After a slow start, markets pushed into positive territory by Tuesday lunchtime as an unex
Read moreBroker snap: Dunelm's valuation justified after Q2 bounce-back, says Numis
7th Jan 2014 09:33
Numis Securities reiterated its 'add' rating and 1,000p target price for homeware retailer Dunelm after the company swung back to like-for-like (LFL) sales growth in the second quarter. LFL sales increased by 2.9% in the second quarter ended December 28th 2013, bouncing back strongly from the subst
Read moreLondon open: Markets flat as investors await Eurozone CPI
7th Jan 2014 08:18
- Eurozone CPI data in focus ahead of ECB meeting - US jobs report to be closely watched - Jefferies lifts Ashtead, ITV and BSkyB early on - Dunelm falls after Q2 sales update techMARK 2,791.39 -0.03% FTSE 100 6,728.37 -0.04% FTSE 250 16,030.92 -0.11% UK markets opened flat once again on Tuesday m
Read moreDunelm returns to LFL sales growth in second quarter
7th Jan 2014 07:22
- LFL sales grow 2.9 per cent in Q2 - H1 profits to rise slightly - Store expansion plans reiterated UK homeware retailer Dunelm was able to return to like-for-like (LFL) sales growth in the second quarter after a tough start to the year. The company said it expects to report a pre-tax profit for
Read moreTuesday preview: Airline companies to unveil latest traffic stats
6th Jan 2014 14:40
A handful of airline groups will release their latest traffic statistics on Tuesday including International Consolidated Airlines (IAG), easyJet and Aer Lingus. IAG, the parent company of British Airways, will report its December traffic statistics while Europe's easyJet and Ireland's Aer Lingus wi
Read moreWeek ahead: Economic data, central banks and retailers in focus
3rd Jan 2014 12:00
Activity on financial markets is expected to ramp up significantly next week as trading returns to normal following a relatively quiet festive season in terms of corporate news and economic data. "The first week of each month is typically the busiest", according to Market Analyst Craig Erlam from
Read moreLondon close: Markets slip on mixed manufacturing data, but retailers gain
2nd Jan 2014 16:37
- FTSE 100 pulls back after recent strong run - Manufacturing growth eases in China, UK and US - Debenhams CFO departs after profit warning techMARK 2,772.41 -0.32% FTSE 100 6,717.91 -0.46% FTSE 250 15,919.09 -0.10% UK markets finished the first session of the new year in the red after a host of
Read moreSector movers: Retailers bounce as sentiment recovers after Debenhams profit warning
2nd Jan 2014 14:55
The general retail sector was making small gains on Thursday, recovering after a Debenhams-inspired sell-off the previous session following its profit warning. Stocks across the sector sank sharply on Tuesday after department store Debenhams said it is now guiding to a pre-tax profit of just £85m
Read moreFriday broker round-up UPDATE
13th Dec 2013 09:36
African Barrick Gold: JP Morgan lowers target price from 180p to 170p leaving its neutral rating unaltered. Aggreko: Numis reduces target price from 1400p to 1234p downgrading from reduce to sell. Anglo American: Deutsche Bank reduces target price from 1780p to 1500p and downgrades to hold. JP Mor
Read moreThursday broker round-up UPDATE
5th Dec 2013 08:15
AMEC: Canaccord Genuity raises target price from 1125p to 1300p upgrading from hold to buy. AZ Electronic Materials: Canaccord Genuity increases target price from 354p to 404p, while downgrading from buy to hold. BAE Systems: Deutsche Bank takes target price from 415p to 425p keeping a hold recomm
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 moreLondon midday: Stocks rise after UK data, but gains limited
27th Nov 2013 11:33
- Q3 UK GDP confirms small acceleration in growth - German coalition, GfK consumer confidence in focus - Ex-div stocks cap gains - Volumes set to be low ahead of Thanksgiving techMARK 2,656.92 +0.28% FTSE 100 6,648.87 +0.19% FTSE 250 15,386.74 +0.53% Markets in London were in positive territory on
Read moreLondon 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 moreDunelm founder unveiled as biggest private M&S investor
1st Nov 2013 08:26
The founder of Dunelm, the homewares retailer, was on Thursday evening unveiled as a major shareholder in High Street retail giant Marks & Spencer. Bill Adderley is the company's biggest private investor with a 3% stake, market filings have revealed, with shares worth around £244m on the basis on
Read moreLondon open: FTSE slips into red despite positive start
1st Nov 2013 08:20
- FTSE initially opens higher before dropping into red - RBS to avoid 'good/bad' bank break-up - AT&T planning to take stake in Vodafone, reports claim techMARK 2,654.18 -0.29% FTSE 100 6,731.31 -0.00% FTSE 250 15,449.06 -0.20% The FTSE inched higher in early trading, but was soon down in the red,
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