Sector movers: Oil stocks fall, travel companies rise after Iran deal
25th Nov 2013 16:22
A weekend deal to limit Iran's nuclear activity prompted a sharp fall in oil prices on Monday, sending oil and gas stocks into the red whilst sparking gains in the travel sector. Iran and the so-called P5+1 nations of Russia, China, France, Germany, the UK and the US came to an interim agreement ov
Read moreFTSE 100 movers: Airlines climb on Iran deal and broker comments
25th Nov 2013 15:06
Airlines IAG and easyJet were both higher after oil prices went into decline following the deal with Iran which eased export sanctions for the latter and significantly lowered tensions in the Middle East. Iran and the so-called P5+1 nations of Russia, China, France, Germany, the UK and the US came
Read moreBroker tips: easyJet, Babcock, Chemring, Cranswick
25th Nov 2013 12:06
Jefferies on Monday moved to a 'buy' recommendation (from 'hold') on the shares of low-cost carrier easyJet on the potential for further cash returns and greater confidence in the company's ability to maintain its strong competitive position. Analysts said that the shares now trade at a 35% premi
Read moreBroker snap: Jefferies raises its view on easyJet to 'buy', from 'hold'
25th Nov 2013 11:25
Analysts at Jefferies on Monday moved to a 'buy' recommendation (from 'hold') on the shares of low-cost carrier easyJet premised on the potential for further cash returns and greater confidence in the company's ability to maintain its strong competitive position. easyJet's strong return on capita
Read moreLondon midday: Travel stocks lift markets higher after Iran deal
25th Nov 2013 11:18
- Markets hail Iran accord over nuclear programme - Oil, gold prices drop after Iran deal - US markets set to extend record highs techMARK 2,654.27 +0.46% FTSE 100 6,695.66 +0.32% FTSE 250 15,292.96 +0.69% News of a deal constraining Iran's nuclear programme gave equity markets a lift on Monday mo
Read moreLondon open: Markets welcome Iran deal, travel stocks jump
25th Nov 2013 08:25
- Markets hail Iran accord over nuclear programme - Oil companies slumps, travel stocks surge - Oil, gold prices drop after Iran deal techMARK 2,661.69 +0.74% FTSE 100 6,702.01 +0.42% FTSE 250 15,314.64 +0.84% UK markets headed higher on Monday morning as investors welcomed the deal over the weeke
Read moreMonday broker round-up UPDATE
25th Nov 2013 08:00
African Barrick Gold: Goldman Sachs ups target price from 110p to 140p, but still recommends selling. Alternative Asset Opps: Westhouse Securities initiates with a buy recommendation. Amino Technology: Northland Capital cuts target price from 110p to 100p and downgrades from buy to hold. Asian Pl
Read moreMonday newspaper round-up: BP, easyJet, Royal Mail
25th Nov 2013 07:31
The judge hearing the civil case over the 2010 Deepwater Horizon disaster in the Gulf of Mexico has strongly criticised BP, accusing the company's lawyers of "deeply disappointing" actions. In an order released late on Friday, Judge Carl Barbier said BP had made a "startling" reversal of its previou
Read moreFriday broker round-up UPDATE
22nd Nov 2013 08:04
African Barrick Gold: Westhouse Securities upgrades to neutral with a target price of 170p. Antofagasta: Investec cuts target price from 737p to 716p and keeps a sell recommendation. Bank of Georgia: Numis raises target price from 2101p to 2662p and maintains a buy recommendation. Canaccord Genuit
Read moreFTSE 100 movers: Johnson Matthey tops leaders after results impress
21st Nov 2013 15:07
Shares in speciality chemicals company Johnson Matthey leapt to the top of the leaderboard after it reported a robust set of half-year results, powered by a strong performance in Emission Control Technologies ahead of new European legislation and good demand for Process Technologies' products. The
Read moreLondon midday: Losses eased by positive UK data
21st Nov 2013 11:37
- UK borrowing falls - CBI reports surprise jump in factor orders - Car manufacturing stats rise techMARK 2,638.77 +0.48% FTSE 100 6,678.70 -0.04% FTSE 250 15,172.14 -0.04% The FTSE pulled back from earlier losses by lunchtime today, as data showed UK borrowing fell in October and a survey from th
Read moreLondon close: Ex-div stocks weigh as investors await Fed minutes
20th Nov 2013 16:17
- MPC warns of 'uncertainties' to recovery - FOMC in focus ahead of minutes - Ex-div stocks finish firmly lower techMARK 2,626.20 -0.68% FTSE 100 6,681.08 -0.25% FTSE 250 15,178.75 -0.57% UK markets finished firmly lower on Wednesday after a choppy session as investors adopted a cautious approach
Read moreFTSE 100 movers: Ex-divi stocks weigh, Aberdeen lifted by Merrill Lynch
20th Nov 2013 14:40
Ex-div stocks were weighing on the FTSE 100 with Vodafone, Tate & Lyle, Next, Carnival and Sainsbury among the stocks trading without the right to their latest payouts. Drinks group Diageo was also under the weather after Chief Executive Ivan Menezes was reported as saying that the "uncertain" mac
Read moreLondon midday: Markets in the red with BoE, Fed in focus
20th Nov 2013 11:33
- BoE voted unanimously on policy at last meeting - MPC attempts to play down rate-hike fears - Taper in focus ahead of FOMC minutes techMARK 2,627.20 -0.64% FTSE 100 6,670.70 -0.41% FTSE 250 15,181.39 -0.55% UK markets were trading in the red on Wednesday after the Bank of England expressed conce
Read moreWednesday tips round-up: easyJet, Afren
20th Nov 2013 08:30
easyJet on Tuesday took a page out of Ryanair's book by unveiling a special dividend which led to a more than doubling of its dividend yield to six per cent, thanks to its 50 per cent jump in pre-tax profits for the year ended September. Is that where the similarities end? After all, easyJet sees n
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