Wednesday 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
Read moreLondon midday: Miners and fears about China provide drag
25th Feb 2014 11:30
- Concerns about China weigh heavy - Miners drag FTSE lower - Strong UK retail sales techMARK 2,897.56 -0.68% FTSE 100 6,806.47 -0.86% FTSE 250 16,467.74 -0.43% The FTSE was sitting firmly in the red by lunchtime today, falling back from yesterday's 14-year high as mining stocks dragged the index
Read moreFTSE 100 movers: BAE slides on possible profit drop
20th Feb 2014 15:38
Military hardware manufacturer BAE Systems slumped despite reporting a three per cent increase in operating profits to 1.9bn pounds for 2013, after it warned that profits could fall by up to 10 per cent on the back of pressures on US government spending. Mining stocks Anglo American, Glencore Xstra
Read moreLondon midday: Chinese data hits miners, BAE and Rexam drop
20th Feb 2014 11:35
- Markets pare early losses but still trading lower - Weak Chinese data weighs on mining stocks - FOMC minutes prompt rate hike fears - BAE, Rexam fall sharply after 2013 results techMARK 2,861.08 -0.50% FTSE 100 6,777.54 -0.28% FTSE 250 16,246.72 -0.62% UK markets were trading in the red on Thurs
Read moreLondon open: BAE, Rexam lead markets lower early on
20th Feb 2014 09:04
- BAE and Rexam disappoint with guidance - Mining stocks fall after Chinese manufacturing data - FOMC minutes in focus techMARK 2,849.73 -0.90% FTSE 100 6,750.47 -0.68% FTSE 250 16,220.96 -0.77% UK stocks fell on Thursday morning, tracking losses on US and Asian markets, with heavy losses from blu
Read moreFootsie lifted by Eurozone GDP and miners
14th Feb 2014 16:12
- Eurozone GDP beats expectations - Fresnillo in top spot - UK construction output rises 0.2 per cent in Q4 techMARK 2,831.77 +0.28% FTSE 100 6,663.62 +0.06% FTSE 250 16,110.62 +0.51% The FTSE closed marginally higher today, lifted by figures which revealed better-than-expected growth across the E
Read moreFTSE 100 movers: Fresnillo rises on positive gold outlook
14th Feb 2014 14:18
Precious metals producer Fresnillo rose strongly today, lifted by a prediction from Capital Economics, which said it believes that despite the gold price rising almost 10 per cent since the start of 2014, bullion will see more gains over the course of the year. The research firm said that while th
Read moreUK stocks push higher after Eurozone GDP as miners gain
14th Feb 2014 11:39
- Eurozone GDP beats forecasts in Q4 - Miners surge as metal prices gain - Retailers, financials, Coca-Cola HBC lead the fallers techMARK 2,827.29 +0.12% FTSE 100 6,662.15 +0.04% FTSE 250 16,102.29 +0.45% A better-than-expected pick-up in Eurozone economic growth gave UK stocks a small boost on Fr
Read moreUK stocks edge lower as investors await Eurozone GDP
14th Feb 2014 09:05
- Eurozone GDP figures ahead - Italian politics in focus as PM resigns - Miners rise strongly, banks and retailers fall techMARK 2,822.53 -0.05% FTSE 100 6,650.83 -0.13% FTSE 250 16,045.41 +0.10% UK stocks opened slightly lower on Friday morning with strong gains from mining stocks outweighed by w
Read moreUK stocks hold gains despite complex new forward guidance from BoE
12th Feb 2014 12:02
- Carney revamps forward guidance - BoE focusing on 'spare capacity' in economy - Bank Rate to rise only gradually when tightening is needed - Morrisons in buyout talks with private-equity firms techMARK 2,824.49 -0.42% FTSE 100 6,683.78 +0.17% FTSE 250 16,060.03 -0.11% UK stocks held on to small
Read moreUK stocks flat ahead of Inflation Report, Morrisons gains
12th Feb 2014 08:24
- Markets await Inflation Report, forward guidance in focus - Yellen still in focus after taper comments - China trade surplus widens unexpectedly - Morrison gains on private-equity buyout hopes techMARK 2,826.88 -0.34% FTSE 100 6,678.65 +0.09% FTSE 250 16,076.98 -0.01% UK stocks opened more or le
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