FTSE 100 movers: ARM, Johnson Matthey and Unilever boosted by upbeat broker notes
25th Sep 2015 15:59
(ShareCast News) - London's FTSE was firmly in the black on Friday, bouncing back as Federal Reserve chairwoman Janet Yellen's argument in favour of raising interest rates this year alleviated concerns about the economic outlook. At 1613 BST, the FTSE 100 index was up 2.6% at 6,115.49. ARM Holdings,
Read moreLondon open: Stocks rise after Fed's Yellen says rates will rise this year
25th Sep 2015 08:38
(ShareCast News) - UK stocks gained after Federal Reserve chair Janet Yellen said an increase in interest rates is likely to happen this year. Yellen said she expects inflation to return to the Fed's 2% target over the next few years and that weak growth in emerging economies will not have a big eno
Read moreBroker tips: British American Tobacco, Greene King, Mitchells & Butlers, Glencore
23rd Sep 2015 14:37
(ShareCast News) - The medium-term outlook for British American Tobacco is "strong" but the firm is facing earnings downgrades from analysts related to movements in foreign exchange markets and price roll-backs in Australia, one large broker said to clients after the company's Investor Day. Nonethel
Read moreFTSE 100 movers: Airlines up after Morgan Stanley review, only RSA drops
23rd Sep 2015 14:11
(ShareCast News) - It has been a positive day for the FTSE100, regaining 129.31 points (2.18%) on Wednesday to 6,065.15 after Tuesday's massive falls. International Consolidated Airlines Group was the biggest riser, up 4.85% after Morgan Stanley said the company "moves to our top 'overweight' pick i
Read moreGlencore at attractive levels but volatility very much a risk
23rd Sep 2015 11:39
(ShareCast News) - Tuesday's sell-off in Glencore shares left substantial implied upside in their price but recent elevated levels of volatility means investors should be wary. For those reasons, on Wednesday broker Investec upgraded its recommendation on the shares to 'hold' from 'sell', but no mor
Read moreFTSE 100 movers: Glencore leads mining stocks lower
22nd Sep 2015 15:46
(ShareCast News) - The FTSE 100 slipped 2.60% to 5,949.16 points on Tuesday afternoon, led by a decline in mining stocks. Glencore was the top faller, as commodity prices edged lower and Credit Suisse said weak demand from China and emerging markets would continue to drag on the sector. Credit Suis
Read moreBroker tips: RSA, Glencore, HSBC
22nd Sep 2015 14:20
(ShareCast News) - Deutsche Bank cut its price target on RSA Insurance back to a "fundamental" 430p from 540p on news that Zurich Insurance has ended offer talks with the London-listed insurer. The broker said it's unlikely that any of the European composites will emerge as rival bidders and certain
Read moreCredit Suisse downgrades Anglo American, sees cut to divi
22nd Sep 2015 10:18
(ShareCast News) - Until final demand from China and emerging market currencies find a bottom it will continue to be hard to set a floor for commodity prices, one of the world's largest brokers believed. Iron ore was set to do worst from current levels while copper prices were seen "hovering" around
Read moreLondon close: Analysts see further downside risks for copper
21st Sep 2015 17:06
(ShareCast News) - UK stocks finished the session with slight gains, tracking the ebb and flow of trading Stateside as analysts continued to weigh in with their opinions on the US Federal Reserve's decision on 17 September to stay put. Investors were also digesting remarks from various Fed officials
Read moreSunday share tips: Dairy Crest, Cluff Natural Resources, tightening cycle stocks
20th Sep 2015 15:08
(ShareCast News) - Dairy Crest shares are worth buying, said Danny Fortson in the Sunday Times' Inside the City column. Investors are currently awaiting a Competition & Markets Authority decision on 19 October whether to allow Dairy Crest to sell its dairy business, roughly two thirds of group sales
Read moreSector movers: Oil stocks lead falls
18th Sep 2015 16:28
(ShareCast News) - Oil stocks led to the downside on Friday after the US Federal Reserve's rate decision on the previous day fanned global growth fears. Traders reacted poorly to Fed chair Janet Yellen's admittedly difficult to deliver message regarding growth concerns for overseas markets, on the o
Read moreFTSE 100 movers: Glencore down on fund criticism; Randgold shines on higher prices
18th Sep 2015 14:14
(ShareCast News) - The FTSE 100 moved into the red as investors in heavweight shares took no comfort from the US Fed decision not to raise interest rates on Thursday. As the week wound down, the index of 100 leading shares was 115 points, or 1.87% lower at 6069. Glencore shares led the fallers, plun
Read moreLondon midday: Stocks decline as investors digest FOMC's rate decision
18th Sep 2015 11:15
(ShareCast News) - UK stocks declined on Friday as the Federal Reserve decided to hold interest rates steady amid low inflation and global pressures. The Federal Open Market Committee announced it would keep rates at 0.25% overnight. The move came as concerns over China's economic slowdown has weigh
Read moreSector movers: Commodity stocks gain in 'risk-on' session
16th Sep 2015 16:44
(ShareCast News) - Risk on was the name of the game on Wednesday, as traders positioned themselves for the outcome of the US Federal Reserve's interest rate decision on the next day. That put a wind in the sails of commodity-related stocks, which as a group did best on the top flight index. Glencor
Read moreFTSE 100 movers: SABMiller cheers market
16th Sep 2015 13:53
(ShareCast News) - The FTSE 100 was up 1.2% with the index of leading shares up 75.8 points to 6,212. The main riser was SABMiller, which surged 21% on after it responded to recent press speculation by confirming that Anheuser-Busch InBev has informed the company that it intends to make an offer. R
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