FTSE 100 movers: RSA jumps on 'buy' rating
6th Jan 2014 14:52
RSA Insurance was a high riser today after UBS raised its target price for the stock from 100p to 113p and maintained a 'buy' rating. The bank added the stock to its 'Alpha Preferences Most Preferred List', saying: "While there are significant uncertainties, we think that the balance of risks is to
Read moreTuesday preview: Airline companies to unveil latest traffic stats
6th Jan 2014 14:40
A handful of airline groups will release their latest traffic statistics on Tuesday including International Consolidated Airlines (IAG), easyJet and Aer Lingus. IAG, the parent company of British Airways, will report its December traffic statistics while Europe's easyJet and Ireland's Aer Lingus wi
Read moreLondon close: Stocks fall for fourth straight day ahead of Fed meeting
13th Dec 2013 16:47
- Stocks down ahead of Fed meeting next week - FTSE 100 hits fresh two-month low - RSA plummets after profit warning, CEO exit - ARM gains on Google hopes techMARK 2,663.70 +0.42% FTSE 100 6,439.96 -0.08% FTSE 250 15,233.46 +0.14% UK stocks finished broadly flat on Friday after a quiet session as
Read moreLondon midday: Markets edge higher after three straight losses
13th Dec 2013 11:15
- Taper speculation picks up after budget deal - RSA drops on profit warning, CEO exit - FTSE 100 rebounds from two-month low techMARK 2,662.49 +0.37% FTSE 100 6,457.75 +0.19% FTSE 250 15,251.18 +0.26% The FTSE 100 snapped three straight days of losses on Friday morning but was trading within a na
Read moreLondon close: Stocks erase gains as investors weigh US budget, Fed policy
11th Dec 2013 17:01
- Taper speculation picks up after budget deal - Imagination Technologies drops sharply on H2 guidance - RBS, Lloyds lead banks lower - Defence stocks rise on US budget techMARK 2,674.83 +0.08% FTSE 100 6,507.72 -0.24% FTSE 250 15,396.12 -0.10% After a choppy session, UK markets sank into the red
Read moreFTSE 100 movers: easyJet, BAE Systems, BT Group
11th Dec 2013 15:22
easyJet soared to the top of the FTSE 100 on Wednesday after the airline was upgraded by Goldman Sachs to 'conviction buy'. The bank cited the group's ability to grab market share in the short-haul market in Europe as legacy carriers restructure. Defence and security company BAE Systems gained afte
Read moreeasyJet execs sell shares after exercising bonus awards
6th Dec 2013 16:04
easyJet, the budget airline which has seen a huge jump in its share price in 2013, saw both its Chief Executive Officer (CEO) and Chief Financial Officer (CFO) sell shares in the company after exercising options as part of the company's long-term incentive plan (LTIP). Carolyn Mccall, CEO, exercise
Read moreLondon midday: Markets flat as BoE holds rates, AZ Electronic rockets
5th Dec 2013 12:01
- FTSE 100 at lowest level since October 14th - BoE, ECB announce policy decisions - US data in focus later on, Wall Street futures flat - AZ Electronic Materials rockets after Merck offer techMARK 2,644.54 +0.02% FTSE 100 6,504.39 -0.09% FTSE 250 15,200.92 +0.48% UK markets were rangebound on Thu
Read moreLondon open: FTSE 100 flat at seven-week low ahead of busy day
5th Dec 2013 08:23
- FTSE 100 at lowest level since October 14th - Central bank meetings, Autumn Statement in focus - Investors cautious ahead of jobs report tomorrow techMARK 2,644.71 +0.02% FTSE 100 6,509.08 -0.01% FTSE 250 15,152.45 +0.16% UK stocks opened broadly flat on Thursday morning with the FTSE 100 tradin
Read moreLondon pre-open: Falls expected ahead of policy decisions, Autumn Statement
5th Dec 2013 07:37
- Taper fears continue to erode risk appetite - BoE, ECB in focus ahead of policy decisions - Autumn Statement due out UK markets are expected to fall again on Thursday after hitting their lowest level in over seven weeks, as speculation surrounding a withdrawal of stimulus in the States continues
Read moreEasyJet carries more passengers in November
5th Dec 2013 07:04
Budget airline easyJet carried more passengers in November, up 3.4 per cent on the same month a year ago. The Luton-based carrier said 4,255,978 people flew with it in November, up from the 4,116,576 people it carried in the same month a year ago. But the rise was lower than the 5.4% year-on-year
Read moreBroker tips: Tesco, Petrofac, Airlines, De Le Rue
26th Nov 2013 11:42
Deutsche Bank has cut its target price for Tesco from 405p to 386p ahead of its third-quarter trading update next week, saying that like-for-like (LFL) trends have deteriorated. "We expect Q3 LfL trends to have deteriorated in most markets versus Q2, most notably in the UK, Thailand, Ireland and Ko
Read moreBroker snap: JPMorgan sees upside at IAG, easyJet and Ryanair
26th Nov 2013 10:11
JPMorgan Cazenove has maintained its 'overweight' rating for IAG, easyJet and Ryanair, saying that it sees 'respectable upside potential' for all three airline stocks on its new revised price targets. "Turning towards 2014, we expect to see renewed investor confidence in the low-cost carrier (LCC)
Read moreTuesday broker round-up UPDATE
26th Nov 2013 08:18
BBA Aviation: Goldman Sachs shifts target price from 420p to 425p and reiterates a buy recommendation. BTG: Numis raises target price from 350p to 440p upgrading from reduce to hold. Cambria Automobiles: Panmure Gordon starts with a target price of 61p and a buy recommendation. Daily Mail & Gener
Read moreLondon close: FTSE 100 rises as investors celebrate Iran deal
25th Nov 2013 16:40
- Global indices continue to set new highs - P5+1 strikes deal with Iran over nuclear programme - Travel stocks rise, oil stocks fall techMARK 2,651.39 +0.35% FTSE 100 6,694.62 +0.30% FTSE 250 15,299.92 +0.74% UK financial markets on Monday celebrated the deal to limit Iran's nuclear activity with
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