Huntsworth chairman stocks up as CEO announces departure plans
11th Aug 2014 16:39
Lord Myners, the chairman of communications group Hunstworth, has upped his stake in the company with the purchase of 100,000 shares as the group announced the intention of its chief executive to step down. The group also reported its half year results, which revealed a drop in both turnover and p
Read moreFTSE 100 movers: Rio Tinto leads miners higher
11th Aug 2014 16:32
The mining sector was performing well with heavyweights such as Rio Tinto, Glencore and Anglo American making gains. Rio was supported by comments from Canaccord Genuity, which repeated its 'buy' rating on the back of the miner's strong free cash flows in the first half. Centrica inched higher desp
Read moreLondon midday: Losses pared but geopolitics still a concern
8th Aug 2014 12:10
- US authorises Iraq airstrikes - Fighting resumes in Gaza - TUI Travel and wider sector tumbles - Banks, supermarkets, precious metals limit losses techMARK 2,684.77 -0.93% FTSE 100 6,559.47 -0.57% FTSE 250 15,185.28 -0.36% UK stocks had pared early losses but were still firmly in the red by Frid
Read moreLondon open: Geopolitics knocks another 1% off FTSE 100
8th Aug 2014 09:15
- Obama authorises Iraq airstrikes - FTSE 100 set to close at lowest since March - Travel and leisure stocks fall, TUI Travel declines techMARK 2,678.52 -1.16% FTSE 100 6,533.19 -0.97% FTSE 250 15,099.86 -0.92% UK stocks sank sharply on Friday, dropping to levels not seen in months, as heightened
Read moreThursday broker round-up UPDATE
7th Aug 2014 09:42
Afren: Oriel cuts target price from 145p to 125p, while upgrading from hold to buy. Canaccord Genuity moves from hold to a speculative buy with a target price of 120p. Aggreko: Morgan Stanley raises target price from 1300p to 1350p, while leaving its underweight rating unaltered. Clinigen: N+1 Sin
Read moreLondon midday: FTSE 100 near 6,600 as Ukraine crisis sinks stocks
6th Aug 2014 12:09
- Russian troops amass along Ukraine border - UK, Italian and German data disappoints - Ex-dividend stocks fall - StanChart falls after results, Shire drops FTSE 100 6,604.48 -1.17% FTSE 250 15,162.03 -1.24% techMARK 2,708.06 -1.23% Fears about a possible Russian invasion of Ukraine sparked a sell
Read moreLondon open: UK stocks drop as Ukraine crisis intensifies
6th Aug 2014 09:10
- Russia builds up troop numbers along border - German factory orders slump 3.2% - Ex-div stocks fall, Sage rises after appointing new CEO techMARK 2,728.84 -0.47% FTSE 100 6,646.91 -0.53% FTSE 250 15,263.85 -0.57% UK stocks dropped on Wednesday morning as heightened geopolitical tensions hit risk
Read moreLondon pre-open: Ukraine crisis to send UK stocks lower early on
6th Aug 2014 07:46
Heightened tensions between Russia and Ukraine, a late sell-off on Wall Street and a surprise drop in German factory orders are expected to feed into a lower open for UK markets on Wednesday. City sources predict the FTSE 100 will open around 40 points lower than Tuesday's close of 6,682.48. After
Read moreEasyjet sees passenger numbers rise 7.7% in July
6th Aug 2014 07:31
Budget carrier Easyjet said that passenger numbers in July were 7.7% higher than last year. The no-refund airline said on Wednesday that the passengers - represented by the number of earned seats flown regardless of whether the customer shows up for the flight - totalled 6.43m last month, up from 5
Read moreFTSE 100 movers: Meggitt disappoints with falling profits, airlines drop
5th Aug 2014 14:50
Shares in Meggitt dropped sharply after it said profits dropped in the first half, reflecting the impact of currency headwinds and disposals on revenue. Underlying pre-tax profit sank 21% to £143.8m, well below analysts' forecasts. Airline peers IAG and Easyjet were reeling in afternoon trade on ru
Read moreSector movers: Transport stocks hit by Russian air concerns
5th Aug 2014 14:48
Transport stocks were the worst performing stocks on Tuesday with airlines hit by negative newsflow and postal group Royal Mail under pressure after cautious comments from Credit Suisse. Airlines such as British Airways owner IAG, Easyjet and Ryanair were reeling in afternoon trade on rumours that
Read moreFTSE 100 movers: Intertek, HSBC lead risers after H1 results
4th Aug 2014 15:27
Product testing, inspection and certification group Intertek saw its share price surge 7% after half-year profits beat estimates despite sales falling short of forecasts. The company said that earnings per share slipped to 61.2p in the first six months of the year, down 1.1% on the year but above th
Read moreFriday broker round-up UPDATE
25th Jul 2014 09:29
African Barrick Gold: Investec places both its target price (prev.: 212p) and its sell recommendation under review. Westhouse Securities ups target price from 250p to 285p upgrading from neutral to add. Barclays: Deutsche Bank cuts target price from 300p to 275p staying with its buy recommendation.
Read moreLondon close: Positive finish after banking sector rises on Fitch comments
24th Jul 2014 16:59
- FTSE closes up 23.31 at 6,821.46 - Retail sales in surprise dip - Fitch comments lift banking sector techMARK 2,822.06 -0.05% FTSE 100 6,821.46 +0.34% FTSE 250 15,748.69 +0.14% London-listed stocks ended the day higher following a relatively steady morning of gains and a slight dip mid afternoon
Read moreFTSE 100 movers: Reed Elsevier leads risers
24th Jul 2014 16:06
Reed Elsevier was the top riser after it reported a 4% increase in half year revenue at constant currency and a 5% increase in the dividend. Shares in International Airlines Group climbed after an agreement was reached between the group and its main trade unions that could see as many as 1,427 job
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