London midday: Stocks higher after UK retail sales, Bernanke
18th Jul 2013 11:35
An improvement in UK retail sales and comments from Ben Bernanke were lifting markets higher on Thursday morning, with London Stock Exchange leading the risers on the FTSE 100 after a strong first-quarter update. UK retail sales increased in June as shoppers snapped up discounted goods in departmen
Read moreLondon open: Stocks extend gains on Bernanke comments, LSE rises
18th Jul 2013 08:30
Markets opened in positive territory on Thursday morning as investors continued to digest comments by Federal Reserve Chairman Ben Bernanke last night. He said that the Fed's $85bn-a-month asset purchase programme is "by no means on a pre-set course", saying that it very much depends on the econom
Read moreLondon pre-open: Small losses expected early on
18th Jul 2013 07:26
Stocks are expected to slip slightly when trading starts on Thursday morning, pulling back after gains made the day before as investors continue to digest comments made by Federal Reserve Chairman Ben Bernanke in his semi-annual testimony to Congress. City sources predict the FTSE 100 will open dow
Read moreFenner still confident of return to growth
18th Jul 2013 07:08
Reinforced polymer technology firm Fenner said it has continued to make progress and reiterated results for the full year are expected to be in line with company expectations. The FTSE 250 group, which makes heavyweight belts for industries such as mining, said notwithstanding current conditions in
Read moreTuesday broker round-up UPDATE
2nd Jul 2013 08:24
Amara Mining: Westhouse Securities raises target price from 60p to 90p and stays with its buy recommendation. Canaccord Genuity lowers target price from 50p to 40p maintaining its buy recommendation. Anite Group: Panmure Gordon shifts target price from 171p to 177p and reiterates a buy recommendati
Read moreMonday broker round-up UPDATE
29th Apr 2013 08:17
Afren: Liberum Capital shifts target price from 130p to 136p and maintains a hold recommendation. AngloAmerican: Nomura upgrades from reduce to neutral with a target price of 1700p. Antofagasta: Nomura cuts target price from 1250p to 1200p, while its neutral rating remains unchanged. Investec redu
Read moreThursday broker round-up UPDATE
25th Apr 2013 09:07
Barclays: Morgan Stanley lowers target price from 438p to 424p and reiterates an overweight rating. Bellzone Mining: Investec reduces target price from 21p to 5.28p and downgrades to hold. BG Group: Bank of America cuts target price from 1300p to 1250p retaining a neutral rating. Brown (N) Group:
Read moreFenner 'confident' of return to growth in 2013/14 financial year
24th Apr 2013 08:31
Fenner, the maker of reinforced polymer technology, has said it is 'confident' of a return to growth in its 2013/14 financial year, having delivered half year results below the comparable performance last year. For the six months ended February 28th 2013, revenue totalled £391.3m, down five per ce
Read moreWednesday broker round-up UPDATE
24th Apr 2013 08:25
Archipelago Resources: Canaccord Genuity lowers target price from 75p to 68p keeping a buy recommendation. ARM Holdings: Morgan Stanley ups target price from 911p to 925p maintaining an equal-weight rating. Deutsche Bank takes target price from 445p to 460p, but still recommends selling. Citigroup
Read moreThursday broker round-up UPDATE
7th Mar 2013 07:25
Admiral: Nomura raises target price from 1350p to 1493p keeping a buy recommendation. African Barrick Gold: Nomura cuts target price from 435p to 200p and downgrades from neutral to reduce. Aggreko: Investec increases target price from 1750p to 1940p upgrading from hold to buy. Anglo American: No
Read moreThursday broker round-up UPDATE
17th Jan 2013 07:19
African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an
Read moreFenner says trading results meet expectations
16th Jan 2013 11:46
British-based manufacturer Fenner on Wednesday reported first quarter trading in line with expectations following strong demand in North America. The FTSE 250 company's arm Engineered Conveying Solutions performed particularly well in the North American coal sector for the quarter ended January 16
Read moreWednesday broker round-up UPDATE
16th Jan 2013 07:16
Anglo American: Goldman Sachs reduces target price from 1650p to 1500p and reiterates its sell recommendation. Antofagasta: Goldman Sachs ups target price from 1100p to 1120p and still recommends to sell. ARM Holdings: UBS increases target price from 750p to 900p, while downgrading to neutral. As
Read moreThursday broker round-up
8th Nov 2012 09:01
AB Foods: Credit Suisse ups tagged from 1,300p to 1,450p, outperform rating kept. Aviva: Panmure Gordon keeps buy rating and 425p target. Balfour Beatty: Panmure Gordon keeps buy rating and 310p target. BTG: Jefferies keeps hold rating and 360p target; Panmure Gordon keeps hold rating and 400p t
Read moreThursday tips round-up: Fenner, Capital & Counties and Hargreaves Services
8th Nov 2012 06:43
Tempus in The Times writes that Fenner, with more than two thirds of revenues across the group coming from repeat orders for equipment that has come to the end of its natural life, should not be as exposed to a slowdown in new investment as some of its peers. Fenner shares rose by 9.5p to 359.5p on
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