London midday: Sell-off continues on Ukraine crisis, but defensives gain
14th Apr 2014 11:40
- Ukraine calls on pro-Russian radicals to lay down arms - Defensive stocks, consumer staples rise as risk appetite falls - Glencore Xstrata sells Las Bambas for 5.85bn dollars techMARK 2,627.27 -1.60% FTSE 100 6,540.54 -0.32% FTSE 250 15,638.88 -1.63% UK markets picked up where they left off on M
Read moreLondon open: Stocks at three-week low as Ukraine tensions rise
14th Apr 2014 08:35
- Ukraine tensions rise as deadline passes - Ukraine calls on pro-Russian radicals to lay down arms - Glencore Xstrata sells Las Bambas for 5.85bn dollars techMARK 2,649.91 -0.75% FTSE 100 6,546.34 -0.23% FTSE 250 15,806.60 -0.58% UK markets got off to a subdued start on Monday morning as stocks p
Read moreFTSE 100 movers: Fresnillo escapes the storm after JP Morgan hikes target
11th Apr 2014 14:56
JPMorgan Cazenove has lifted its price target for Fresnillo from 965p to 1,030p and kept an 'overweight' rating, saying it continues to favour the Mexican precious metals producer over sector peer Hochschild ('neutral'). "We estimate Fresnillo should continue to enjoy lower average costs, aided by
Read moreLondon midday: Tech and airline stocks drag UK markets lower
11th Apr 2014 11:30
- Tech, internet stocks weigh on markets - Nasdaq sees sharpest fall since late 2011 - JPMorgan, Wells Fargo in focus this afternoon - Airlines sold off after Heathrow traffic stats techMARK 2,668.68 -1.87% FTSE 100 6,563.60 -1.18% FTSE 250 15,888.60 -1.61% UK stocks fell over one per cent on Frid
Read moreEaster to have negative impact on airlines' yields, says UBS
7th Apr 2014 10:20
The impact of Easter on yields at European airlines is likely to be negative, according to analysts at UBS. Yields are typically calculated by dividing passenger revenue by revenue passenger miles. "North Atlantic yield development shows negative growth in April while February, March and May is e
Read moreLondon close: FTSE ends week on positive note as insurers rise
4th Apr 2014 16:59
- US non-farm payrolls up 192,000 in March - UK car registrations rise to best level in a decade - Insurers recover after recent falls techMARK 2,770.41 -0.01% FTSE 100 6,695.55 +0.70% FTSE 250 16,433.67 +0.52% UK stocks ended the week on a buoyant note, although below the 6,700 level surpassed ea
Read moreBroker tips: RBS, M&S, easyJet, Imperial Tobacco
4th Apr 2014 12:58
Shore Capital has retained its neutral stance on the shares of Royal Bank of Scotland but said that the appointment of Ewen Stevenson as its new Head of Finance is 'positive news'. Analyst Gary Greenwood said: "We view this as positive news as it removes uncertainty around the position and should t
Read moreCredit Suisse upbeat on easyJet after March traffic growth
4th Apr 2014 12:34
Credit Suisse has retained its 'outperform' recommendation on budget airline easyJet, saying that the company's March traffic statistics on Friday show good momentum and a creditable performance. The company said the number of passengers in March rose by 4.8% to 5,107,676 compared to a year earlier
Read moreLondon midday: Markets in positive mood ahead of US jobs data
4th Apr 2014 11:33
- Expectations high for US non-farm payrolls - 200k increase expected in March, jobless rate seen lower - easyJet traffic grows, RBS appoints new CFO - Retailers fall, including Tesco and M&S techMARK 2,774.68 +0.14% FTSE 100 6,678.29 +0.44% FTSE 250 16,414.01 +0.40% UK stock markets were putting
Read moreLondon open: Stocks rise ahead of US jobs report
4th Apr 2014 08:42
- Non-farm payrolls in focus - easyJet traffic up 4.8 per cent in March - RBS appoints Credit Suisse banker as CFO techMARK 2,772.13 +0.05% FTSE 100 6,672.25 +0.35% FTSE 250 16,391.84 +0.26% UK stocks opened with small gains on Friday morning ahead of the all-important US non-farm payrolls report
Read moreLondon pre-open: Stocks set to rise ahead of US jobs data
4th Apr 2014 07:40
London-listed stocks are expected to move higher this morning ahead of the release of the US non-farm payrolls report and unemployment rate. City sources predict the FTSE 100 will open 12 points higher than yesterday's close of 6,649.14. Analyst predict the Labor Department figures for March to sh
Read moreeasyJet carries more passengers in March
4th Apr 2014 07:08
easyJet said the number of passengers in March rose by 4.8 per cent to 5,107,676 compared to a year earlier. The load factor, the number of passengers to the number of seats available, increased to 91.5% from 90.5% the same month in 2013. On a rolling 12-month basis the number passengers climbed
Read moreThursday broker round-up UPDATE
3rd Apr 2014 09:05
Associated British Foods: Citi increases target price from 2350p to 3000p, while its neutral rating remains unchanged. Booker Group: Investec shifts target price from 172p to 178p retaining a buy recommendation. BSkyB: HSBC Holdings moves target price from 600p to 610p, while keeping its underweig
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreSunday share tips: Babcock, Electrocomponents, easyJet
30th Mar 2014 15:27
The fall in engineering company Babcock's share price is overdone, Danny Fortson argued in his Inside the City column in the Sunday Times. The fall was partly because of the rights issue to pay for the takeover of helicopter operator Avincis but investors also think Peter Rogers, Babcock's Chief Exe
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