FTSE 100 movers: Admiral hit by downgrade, Tesco higher on bid speculation
25th Jun 2015 13:29
UK stocks inched lower on Thursday as investors continued to fret over the Greek debt crisis, with creditors issuing an ultimatum to Prime Minister Alexis Tsipras. As of 14:00, the FTSE 100 was trading 0.3% lower at 6,825. Insurer Admiral declined after Citigroup downgraded the stock to 'sell' from
Read moreLondon open: Stocks snap winning streak as Greek hopes fade
25th Jun 2015 08:36
UK stocks snapped a five-day winning streak on Thursday morning as hopes for an overnight Greek debt deal were dashed, with Athens and its creditors failing to come to an agreement. The FTSE 100 was trading 0.21% lower at 6,830.50 early on. Greece remained "firm on its position", according to a Gre
Read moreFTSE 100 movers: Supermarkets hit by Credit Suisse note, property stocks lower
17th Jun 2015 13:35
UK stocks dipped on Wednesday, led by sector weakness in supermarkets and property, which overshadowed gains made by construction, telecommunications and mining stocks. As of 15:00 BST, the FTSE 100 was trading 0.26% lower at 6,693. Supermarket rivals Morrisons, Sainsbury's and Tesco fell after Cre
Read moreWednesday broker round-up
13th May 2015 13:13
BHP Billiton: Credit Suisse reiterates underperform and 1,400p target, UBS stays at buy with 1,625p target. Experian: Nomura reiterates buy and nudges target higher to 1,265p from 1,230p, Exane BNP keeps at neutral with 1,200p target. Talk Talk: UBS hikes target to 350p from 300p and reiterates neu
Read moreLondon close: Stocks finish off lows but FTSE still drops 1.4%
12th May 2015 16:33
UK stocks suffered steep declines on Tuesday as volatility in sovereign debt markets and ongoing fears about Greece sent shares 1.4% lower, with Easyjet leading the fallers on a cautious outlook. The FTSE 100 finished the session down 96.05 points, or 1.37%, at 6,933.80, though the index did finish
Read moreFTSE 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
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