FTSE 100 movers: Easyjet nose dives on strikes and currency headwinds, financials lower
12th May 2015 13:10
Budget airline Easyjet led fallers despite meeting guidance and swinging to a small profit in the first half, warning it is likely to face tougher conditions in the latter part of the year. The company saw its shares sink after saying that exchange-rate movements and air traffic control strikes in F
Read moreLondon midday: Bond sell-off and Greek uncertainty hammer stock markets
12th May 2015 11:26
UK stocks dropped sharply on Tuesday as a sell-off on sovereign debt markets and ongoing fears about Greece's finances hammered sentiment. The FTSE 100 was down 1.63% at 6,915.17 by midday, with Easyjet leading the decline with a 10% share-price fall following its interim results. The Footsie hit a
Read moreLondon open: Greek concerns hit stocks, Easyjet sinks
12th May 2015 09:05
UK stocks plunged into the red on Tuesday morning on concerns about Greece and bond-market volatility, while blue chip budget airline Easyjet disappointed investors with its full-year outlook. The FTSE 100 was trading 1.04% lower at 6,956.41 early on ahead of data which is forecast to show that UK i
Read moreLondon pre-open: Greek concerns to weigh on stocks early on
12th May 2015 07:40
UK stocks are set for a lower open on Tuesday as concerns about Greece continue to dampen investor sentiment. City sources predict the FTSE 100 will open 10 points lower than Monday's close of 7,029.85. Athens met the latest deadline to repay the International Monetary Fund €750m, though that didn'
Read moreExperian enjoys returns to organic growth on US consumer bounce
12th May 2015 07:14
Experian finished its self-imposed "year of transition" on a high as it returned to organic revenue growth in the fourth quarter, celebrating by paying a second interim dividend. In the third quarter, organic revenue had been flat, though total revenue had growth at a faster rate of 2%. For the ful
Read moreFTSE 100 movers: Anglo American, utility stocks surge
23rd Apr 2015 13:30
Anglo American, owner of jeweler De Beers, surged on Thursday as the mining giant cut its forecast for annual diamond production in order to avoid overproduction in the weaker diamond market. United Utilities, SSE and Centrica was making gains as investors sought refuge in defensive utility stocks.
Read moreLondon close: Stocks drop into the red as M&A fever fails to sustain optimism
8th Apr 2015 17:03
The M&A fever that sent UK markets higher on Wednesday morning fizzled out towards the end of the day, with the FTSE 100 dropping into the red by the close. BG Group, which had soared as much as 40% early on, pared gains to finish 26.7% higher after the natural gas outfit recommended a £47bn takeove
Read moreWednesday broker round-up:
8th Apr 2015 16:42
AstraZeneca: Morgan Stanley lifts target price to 4,500p from 4,300p, reiterates underweight. BG Group: Canaccord Genuity improves target price to 1,300p from 1,016p and downgrades to hold. GlaxoSmithKline: Deutsche Bank raises target price to 1,600p from 1,300p and reiterates hold. Tate&Lyle: Num
Read moreFTSE 100 movers: BG Group soars on Shell takeover, Sky gains on Vivendi rumours
8th Apr 2015 14:49
Shares in BG Group rocketed 32% on Wednesday after its board recommended a £47bn takeover offer from Shell. The bid values BG at around 1,350p per share, a 50% premium to its closing price of 910.4p on Tuesday. If the transaction completes, BG shareholders will be left with a 19% stake in the enlarg
Read moreLondon midday: Stocks rise as BG Group takeover sparks M&A hopes
8th Apr 2015 11:54
London's FTSE 100 was fluctuating around the 7,000 level by Wednesday lunchtime as M&A activity gave sentiment a lift, with BG Group soaring as much as 40% after a takeover offer from Shell. Stocks across the oil and gas sector were rising strongly on speculation that Shell's move may spark a fresh
Read moreBroker tips: BG Group, Experian, Tate & Lyle
8th Apr 2015 11:38
A counter offer for BG Group looks unlikely, according to Canaccord Genuity, which downgraded its rating on the natural gas company from 'buy' to 'hold' after Wednesday's takeover offer by Royal Dutch Shell. Analyst Richard Griffith said: "We cut our recommendation from 'buy' to 'hold' and would onl
Read moreCredit Suisse expects a re-rating at Experian, upgrades to 'outperform'
8th Apr 2015 11:26
Experian shares received a boost on Wednesday by Credit Suisse which lifted its stance on the information services and credit checking group from 'neutral' to 'outperform' and hiked its target price from 1,100p to 1,300p. "The combination of accelerating organic growth, an on-going buyback scheme, p
Read moreExperian rating raised to 'outperform' from 'neutral' by Credit Suisse
8th Apr 2015 09:54
Shares in UK credit expert group Experian shot up 3% to trade at 1183p after its rating was promoted on Wednesday to 'outperform' from 'neutral' by Credit Suisse. The bank also raised its target price on Experian to 1300p from 1100p. "The combination of accelerating organic growth, an on-going b
Read moreFTSE 100 movers: Kingfisher surges on store closures, tobacco stocks lower
31st Mar 2015 13:22
DIY retailer Kingfisher soared as it impressed investors with plans to close 60 stores, as new chief executive Véronique Laury announced full-year results and set out her plans for a "very different" company. The company announced a £200m cash return for the coming financial year as it revealed adju
Read moreFTSE 100 movers: Experian boosted by new growth strategy, Anglo disappoints with 2015 guidance
28th Jan 2015 13:35
Credit-checking firm Experian was a high riser after unveiling an unexpected $600m share buyback and outlining plans to "deliver annual average growth in organic revenue in the mid-single digit range". The company also said it has the potential for "strong growth" in earnings per share. Copper miner
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