London open: Stocks bounce but Ukraine crisis still in focus
4th Mar 2014 08:31
- Markets recover after sell-off - Putin orders troops back to bases - Ashtead, Glencore Xstrata impress with results - Fresnillo disappoints as profits slump techMARK 2,891.69 +1.38% FTSE 100 6,775.50 +1.00% FTSE 250 16,559.83 +1.13% UK stocks bounced strongly on Tuesday morning as sentiment reco
Read moreLondon pre-open: FTSE to regain some of yesterday's heavy losses
4th Mar 2014 07:19
- FTSE to regain around 60 points early on - Yanukovych requested Russia military presence - UK data to be light UK stocks are this morning expected to claw back some of Monday's heavy losses, which saw the FTSE lose more than a hundred points on the back of fears of a war between Russia and Ukrain
Read moreFresnillo's 2013 profits hurt by lower gold output and metal prices - UPDATE
4th Mar 2014 07:10
- Profit and revenue decline - Results hurt by lower gold output and metal prices - Silver output ahead of expectations - Special dividend announced Mining giant Fresnillo reported a drop in 2013 profits and revenues, reflecting a decline in gold production and a fall in precious metal prices. Th
Read moreLondon close: Crisis in Ukraine ensures poor finish for stocks
3rd Mar 2014 16:52
- FTSE ends 101 points lower at 6,708 - Ukraine crisis hits markets across globe - Chinese data weighs heavy - UK, US, Eurozone PMI readings all rise techMARK 2,852.19 -1.81% FTSE 100 6,708.35 -1.49% FTSE 250 16,374.84 -2.10% It was a bad start to the week for UK stocks, which plunged on the back
Read moreTuesday preview: Fresnillo and Glencore Xstrata report annual results
3rd Mar 2014 14:31
Fresnillo is expected to report a decline in full-year annual earnings on Tuesday, reflecting the impact of lower metal prices and a drop in gold production. Numis predicts the miner will post earnings per share of $0.48, compared to $1.03 in 2012 and net profit after tax of $352m. A decline in me
Read moreFTSE 100 movers: Majority of stocks in red as risk appetite weakens
3rd Mar 2014 14:20
UK stocks sank to their lowest levels in two weeks today, with escalating tensions in Ukraine prompting a sharp reduction in risk appetite. This saw investors flee towards safe-haven assets, such as gold and silver, today, pushing the share prices of precious metal producers Randgold and Fresnillo
Read moreLondon midday: Stocks hit two-week low on Ukraine concerns
3rd Mar 2014 11:25
- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday
Read moreMonday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreLondon open: Stocks drop sharply as Ukraine tensions rise
3rd Mar 2014 08:14
- Ukrainian concerns escalate - US condemns Russian military move - Financials fall sharply - Precious metal miners track gold and silver prices higher techMARK 2,867.09 -1.30% FTSE 100 6,744.93 -0.95% FTSE 250 16,488.43 -1.42% UK stocks were sold off sharply on Monday morning on the back of the
Read moreFresnillo announces changes to audit and remuneration commitees
28th Feb 2014 13:19
Mining and exploration group Fresnillo has unveiled several board changes which will take effect at the annual general meeting on May 16th. Javier Fernandez and Fernando Solana have advised the board on their intentions to step down at the AGM. Solana and Fernandez have served the board for five an
Read moreWednesday broker round-up UPDATE
26th Feb 2014 08:54
Anglo Pacific: FinnCap cuts target price from 279p to 216p, downgrades to hold. Ashmore Group: UBS reduces target price from 405p to 355p, while leaving its buy recommendation unchanged. Jefferies cuts target price from 475p to 375p, while its buy recommendation is kept. Barclays lowers target pric
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 moreBoost for Fresnillo as explosives ban at key mine is lifted
26th Feb 2014 08:00
Shares in Mexico-focused gold miner Fresnillo received a boost after the company announced that a debilitating suspension on the use of explosives at its key Herradura mining operation has been lifted. The suspension was imposed last October at the Herradura unit at Minera Penmont after a dispute
Read moreLondon close: Miners drag FTSE into the red on concerns over China
25th Feb 2014 17:09
- Miners drag FTSE into red - Feb US consumer confidence falls - EU expects mild euro area recovery techMARK 2,903.08 -0.49% FTSE 100 6,830.50 -0.52% FTSE 250 16,527.88 -0.07% Stocks eased back from some of the session's earlier losses, but still ended the day on a downbeat note as miners weighed
Read moreFTSE 100 movers: CRH soars on 2014 outlook
25th Feb 2014 14:58
CRH climbed to the top of the leaderboard as it looked ahead to 2014, predicting it would be a year of profit growth. The gains came despite poor results in 2013, for which it blamed severe winter conditions and weaker trading in Europe. Comments from broker Jefferies, giving the stock a 'buy' ratin
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