FTSE 100 movers: Aberdeen, Resolution lead financials higher
12th Jul 2013 14:08
Financial stocks were performing well on Friday with asset manager Aberdeen and insurance group Resolution leading the way after positive comments from analysts. UBS reiterated its 'buy' rating for Aberdeen and added the stock to its 'most preferred' list, saying that the recent share price falls h
Read moreLondon midday: Markets extend gains despite concerns over China
12th Jul 2013 12:11
Strong gains in the financial sectors were lifting markets higher on Friday despite concerns over a slowdown in China, as investors continued to focus on dovish comments from Federal Reserve Chairman Ben Bernanke. Stock futures on Wall Street were pointing to a positive start on Friday, extending g
Read moreLondon open: Markets extend gains after record highs on Wall Street
12th Jul 2013 08:51
Markets looked set to end the week on a high note with financial stocks lifting the FTSE 100 higher in early trading on Friday, as sentiment was buoyed by record highs on Wall Street last night. Both the Dow Jones and S&P 500 indices closed at their highest ever levels on Thursday, while the Nasdaq
Read moreLondon pre-open: FTSE 100 to extend recent gains early on
12th Jul 2013 07:45
Markets are expected to open slightly higher on Friday, building on the previous day's gains which sent the FTSE 100 to its highest level in over a month. City sources predict the FTSE 100 will open up 11 points from yesterday's close of 6,543. The last time the index had finished above that level
Read moreExperian expects strong annual revenue growth - UPDATE
12th Jul 2013 07:04
Experian said it expected strong revenue growth this year after sales outpaced economic expansion in its main markets in the first quarter. The consumer credit-checking company said total revenue increased 7.0% in the three months to June 30th at constant exchange rates. "Organic" growth rose at th
Read moreFriday preview: Experian unveils quarterly results
11th Jul 2013 13:37
Experian's quarterly results on Friday are likely to reflect a softening in the growth of demand in Brazil, according to analysts. The global information group - which includes a blend of services such as business process outsourcing, software and IT, media and consumer internet - will report on
Read moreTuesday broker round-up UPDATE
9th Jul 2013 07:53
Adept Telecom: Northland Capital revises target price from 108p to 115p and maintains a buy recommendation. AG Barr: Panmure Gordon raises target price from 500p to 600p and retains a hold recommendation. Aquarius Platinum: Westhouse Securities shifts target price from 35p to 40p upgrading from se
Read moreThursday broker round-up UPDATE
4th Jul 2013 08:17
Aberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreTuesday broker round-up UPDATE
2nd Jul 2013 08:24
Amara Mining: Westhouse Securities raises target price from 60p to 90p and stays with its buy recommendation. Canaccord Genuity lowers target price from 50p to 40p maintaining its buy recommendation. Anite Group: Panmure Gordon shifts target price from 171p to 177p and reiterates a buy recommendati
Read moreLondon close: Investors reconnect with reality
13th Jun 2013 17:44
Uncertainty regarding central-bank stimulus, reductions in global growth forecasts by the World Bank and the surprise departure of the head of one of the UK's biggest domestic banks prompted a sell-off on the FTSE 100 on Thursday, as volatility continued on markets across the globe. London's benchm
Read moreFTSE 100 movers: RBS leads march south
13th Jun 2013 14:28
Royal Bank of Scotland led the march of the blue chips southwards on Thursday after pressure from the bank's government owners led to the resignation of Chief Executive Stephen Hester. Although the bank's plans to slash costs in its investment banking arm leaked out, brokers rallied to praise Heste
Read moreExperian discloses termination of contract for differences
11th Jun 2013 12:41
FTSE 100-listed credit-checking colossus Experian has reported that the company has received notification that Experian Finance has terminated a contract for differences over 650,000 ordinary shares of US 10 cents each in the company in London at a price of 11.95p per share. Experian said that Expe
Read moreBroker snap: Credit Suisse highlights challenging end markets for Michael Page
29th May 2013 10:44
Credit Suisse said it remains cautious over recruitment firm Michael Page International (MPI) and has kept a 'underperform' rating for the stock due to its challenging end markets. In its global labour survey, World at Work, Credit Suisse has analysed employment data from 11 major economies and fou
Read moreTuesday broker round-up UPDATE
21st May 2013 07:12
Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged. Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation. Big Yellow Group: Investec increases target price from 370p to 430p a
Read moreFriday broker round-up UPDATE
10th May 2013 07:14
Afren: Westhouse Securities initiates with a target price of 160p and a buy recommendation. Ashmore Group: Credit Suisse raises target price from 375p to 440p upgrading from underperform to neutral. Barratt Developments: Citigroup increases target price from 245p to 315p leaving its neutral rating
Read more