FTSE 100 movers: Tesco marked down by analysts
26th Feb 2014 14:35
Engineering solutions provider Weir soared to the top of the risers today after it posted an in-line set of full-year results, as a positive performance by the Minerals division helped to offset an otherwise "challenging" year for the group. Looking ahead, the company believes it will return to unde
Read moreLondon open: FTSE in the red ahead of GDP data, ITV sinks
26th Feb 2014 08:27
- Stocks start lower, ITV falls despite strong results - German consumer confidence surprises on the upside - Weir, miners lead the gains techMARK 2,900.00 -0.11% FTSE 100 6,811.55 -0.28% FTSE 250 16,459.53 -0.41% UK stocks started today's session in negative territory, weighed by ex-dividends, a
Read moreSunday share tips: Intecontinental Hotels, Rio Tinto, Pendragon
16th Feb 2014 18:09
Holders of shares in Intercontinental Hotels Group may want to extend their stay, the Sunday Times's Danny Fortson says. In his Inside the City column, Fortson said the owner of Holiday Inn and Crowne Plaza has returned more than $9bn to shareholders since it was de-merged from Bass in 1993. Another
Read moreFriday newspaper round-up: Vodafone, Shell, Pound
14th Feb 2014 07:26
Britain's biggest telecoms company is to have a new auditor for the first time since floating on the stock market in 1988. Vodafone will end its 26-year relationship with Deloitte, handing its audit mandate to PwC, one of the firm's "Big Four" rivals and the auditor of more FTSE 100 companies than a
Read moreSunday newspaper round-up: Barclays, RSA, Vodafone
9th Feb 2014 09:06
Barclays is preparing to cut its investment bank by a fifth to appease the Bank of England (BoE), the Sunday Times reported. Chief Executive Antony Jenkins will announce the plan to sell £150bn of assets and slash annual costs by £1.7bn with the bank's full-year results on February 11th. The investm
Read moreeasyJet reveals further growth in passenger numbers
6th Feb 2014 08:26
Low-cost airline easyJet saw passenger numbers rise 3.7 per cent over January versus the same period last year to just over four million. The load factor - the number of passengers as a proportion of the number of seats available - climbed one percentage point over January to 85.4% against last J
Read moreFriday broker round-up UPDATE
31st Jan 2014 09:43
Aberdeen Asset Management: Berenberg cuts target price from 555p to 530p staying with its buy recommendation. Amlin: Canaccord Genuity moves target price from 420p to 430p reiterating a hold recommendation. ARM Holdings: Credit Suisse cuts target price from 1150p to 1100p and reiterates an outperf
Read moreLondon close: Diageo leads markets lower after choppy session
30th Jan 2014 17:00
- Diageo slumps after H1 miss, BSkyB jumps - Economic data comes in mixed - Fed cuts monthly asset purchases by 10bn dollars - Emerging-market volatility continues to weigh on sentiment techMARK 2,780.43 +0.45% FTSE 100 6,538.45 -0.09% FTSE 250 15,701.80 +0.09% UK markets finished slightly lower o
Read moreFTSE 100 movers: BSkyB jumps on strong H1 revenue
30th Jan 2014 14:15
Satellite broadcaster BSkyB was in the lead after an eight per cent rise in revenue in the first half, helped by strong growth in paid-for subscription products. The group said revenue in the six months to December 31st rose to £3.75bn as sales of paid-for subscription products rose 42% during the
Read moreLondon midday: UK markets hit two-week low as downgrades hit blue chips
24th Jan 2014 11:20
- Aberdeen, Lloyds, easyJet, Whitbread hit by downgrades - US stock futures point to another sell-off - Carney hints at scrapping forward guidance techMARK 2,800.83 -0.95% FTSE 100 6,697.93 -1.11% FTSE 250 15,732.15 -1.55% UK markets were trading down over one per cent by Friday lunchtime with a n
Read moreLondon open: Markets lower for fourth day straight, Aberdeen drops
24th Jan 2014 08:39
- Markets flat after heavy falls on Thursday - Carney signals end to forward guidance - Aberdeen suffers from Morgan Stanley downgrade techMARK 2,828.92 +0.04% FTSE 100 6,760.54 -0.19% FTSE 250 15,950.23 -0.19% UK markets opened lower on Friday morning as traders headed into the weekend in a cauti
Read moreLondon close: Stocks sink sharply after global data comes in mixed
23rd Jan 2014 16:35
- Chinese manufacturing in contraction - Data from US comes in mixed - Pearson, easyJet, Petrofac and ARM fall techMARK 2,827.81 -0.71% FTSE 100 6,773.28 -0.78% FTSE 250 15,980.13 -1.03% Mixed economic figures from across the globe weighed heavily on stocks on Thursday, with UK markets retreating
Read moreFTSE 100 movers: Pearson sinks on disappointing update
23rd Jan 2014 14:59
Publishing and education company Pearson was the day's biggest faller after admitting that its trading and financial performance for 2013 was 'weaker than expected', particularly in North America. The Financial Times owner also gave a cautious outlook for 2014, saying that trading conditions were 's
Read moreLondon midday: Markets slip after China data, Pearson tumbles
23rd Jan 2014 11:25
- Chinese manufacturing unexpectedly contracts - PMI figures from Eurozone beat forecasts - Raft of US data due out later on - Pearson and easyJet drop after updates, M&S upgraded techMARK 2,848.63 +0.02% FTSE 100 6,811.34 -0.22% FTSE 250 16,125.92 -0.13% After a subdued start, the FTSE 100 turned
Read moreBroker snap: easyJet guidance should reassure investors, says Jefferies
23rd Jan 2014 09:19
Jefferies has kept a 'buy' rating and 1,620p target price for budget airline easyJet, saying that first-half guidance should reassure investors after a subdued first quarter. Nevertheless, despite its positive stance the broker said it prefers sector peer Ryanair over easyJet. easyJet is guiding t
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