FTSE 100 movers: Ryanair profit warning drags fellow aviation stocks lower
4th Sep 2013 14:18
Shares in aviation companies easyJet and IAG were all heading south after Ryanair issued a warning on annual profits after its shares plunged in response. Europe's biggest low-cost air carrier said in a trading update it expected full-year net profit to be near the bottom of its earlier guidance of
Read moreLondon midday: Markets cautious ahead of risk events, Syria action
4th Sep 2013 11:26
Traders adopted a cautious approach on Wednesday morning with UK stocks registering losses in morning trade ahead of a number of 'risk events' later in the week which have the potential to spark market volatility. Fears about impending US military action in Syria also hit investor sentiment today a
Read moreLondon open: Potential strike on Syria worries investors early on
4th Sep 2013 08:32
Stocks declined on Wednesday morning on concerns over an imminent Western military intervention in Syria, with investors also choosing to scale back positions ahead of a number of 'risk events' later on in the week. The Senate Foreign Relations Committee last night gave the green light on a US atta
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
Read moreMonday newspaper round-up: Oil prices, Cameron, easyJet
2nd Sep 2013 07:13
The oil price could spike to 150 dollars a barrel if the troubles in Syria engulf the Middle East, City analysts predict, while motorists are being warned of a feed-through into new "record" prices at the pumps. President Barack Obama may have pulled back from an imminent airstrike this weekend, but
Read moreLondon close: Stocks jump on US data as Syria concerns recede
29th Aug 2013 17:03
Markets finished strongly on Thursday, rebounding after recent falls as concerns over an impending Western intervention in Syria eased slightly and US growth estimates were revised higher. One of London's largest constituents, Vodafone, was providing a lift on the FTSE 100 today on hopes that it ca
Read moreSepura director offloads a million shares for 1.5m pounds
29th Aug 2013 16:44
Sion Kearsey, a Non-Executive Director and one of the founding members of Sepura, has sold nearly one and a half million pounds-worth of shares in the digital radio maker, taking advantage of the stock's impressive surge so far this year. Kearsey, a former senior manager at Goldman Sachs' fixed inc
Read moreLondon midday: Stocks rise, Vodafone surges on Verizon talks
29th Aug 2013 11:41
The FTSE 100 was registering decent gains on Thursday morning as markets rebounded from recent falls, helped by M&A activity surrounding one of the index's largest constituents, Vodafone, as well as some well-received results from blue chips Melrose and WPP. Markets have been hit this week by conce
Read moreLondon open: Stocks rebound after recent falls, Vodafone jumps
29th Aug 2013 08:36
Strong gains from Vodafone, WPP and Melrose gave markets in London a boost this morning, as stocks rebounded after some recent falls. Markets have been under pressure this week on concerns about a potential Western military intervention in Syria in response to last week's alleged chemical weapons a
Read moreLondon close: Markets finish lower despite late rally
28th Aug 2013 17:05
Markets rallied in afternoon trade on Wednesday, helped by dovish remarks from Bank of England (BoE) Governor Mark Carney and a decent start on Wall Street, but stocks still finished in the red as escalating concerns about Syria continued to dampen sentiment. The FTSE 100 finished down 10.91 points
Read moreSector movers: Surging crude prices fuel gains for oil stocks
28th Aug 2013 14:52
Rising crude prices gave oil producers a boost on Wednesday as escalating tensions in Syria continue to fuel concerns over supplies in the Middle East. These fears have been heightened in recent days due to a possible US military intervention in Syria following last week's alleged chemical weapons
Read moreLondon midday: Stocks fall as oil rises on Syria turmoil
28th Aug 2013 11:27
Stock markets were once again hit by concerns over rising tensions between Syria and the West on Wednesday morning, as surging oil prices look to pose a threat to global economic growth. West Texas crude futures were trading at a two-year high of $112.24 a barrel this morning while Brent crude jump
Read moreBroker snap: Investec downgrades IAG after strong run
27th Aug 2013 10:58
Investec has downgraded its rating for British Airways owner International Airlines Group (IAG) from 'buy' to 'hold' after strong gains seen across the airlines sector since the start of the year. "European airlines have benefited from reduced capacity and a flattening of fuel prices in 2013. Stron
Read moreTuesday broker round-up UPDATE
27th Aug 2013 09:14
Admiral Group: JP Morgan ups target price from 1108p to 1122p staying with its underweight rating. Antofagasta: Investec places its target price (prev.: 707p) under review and retains a sell recommendation. Berendsen: HSBC increases target price from 745p to 900p and reiterates a neutral rating.
Read moreFTSE 100 movers: M&S, Petrofac, easyJet
19th Aug 2013 13:58
Marks & Spencer topped the FTSE as the retailer launched its Britain's Leading Ladies campaign to promote its new autumn/winter fashion collection. The advertisement features stars including Helen Mirren, Tracey Emin and Ellie Goulding. Petrofac, which provides facilities services to the oil, gas
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