London midday: ITV drops as UK stocks retreat from 14-year high
14th May 2014 11:50
- ITV leads fallers after underwhelming Q1 - Markets pull back from highest level since 1999 - BoE strikes dovish tone in Inflation Report - Compass, Mondi rise strongly after updates techMARK 2,797.20 -0.25% FTSE 100 6,862.96 -0.15% FTSE 250 16,008.81 -0.19% UK stocks were in negative territory o
Read moreLondon open: UK stocks retreat from 14-year high, BoE in focus
14th May 2014 08:43
- FTSE 100 pulls back after nearing record - BoE in focus ahead of inflation report - UK employment data due out - Compass unveils 1bn-pound cash return techMARK 2,798.34 -0.21% FTSE 100 6,857.97 -0.22% FTSE 250 16,046.94 +0.05% UK stocks declined on Wednesday morning as investors took profits aft
Read moreLondon midday: FTSE 100 trims gains but housing stocks rise
13th May 2014 11:23
- FTSE 100 hits 14-year intraday high - Housing stocks lifted by Taylor Wimpey comments - easyJet, TUI Travel and LSE fall techMARK 2,802.35 +0.28% FTSE 100 6,859.54 +0.11% FTSE 250 16,029.39 +0.30% UK markets had trimmed gains by Tuesday lunchtime after having hit their highest intraday levels in
Read moreLondon open: UK stocks rise to 14-year highs
13th May 2014 08:31
- FTSE 100 at highest in 14 years - Melrose, housing and mining stocks gain - Travel peers easyJet and TUI Travel fall techMARK 2,809.05 +0.52% FTSE 100 6,875.58 +0.35% FTSE 250 16,103.60 +0.77% UK markets rose to their highest levels since early 2000 on Tuesday morning, helped by decent gains fro
Read moreLondon open: Miners lead stocks higher on Chinese stimulus hopes
12th May 2014 08:29
- Chinese stimulus hopes increase after Xi comments - Ukraine in focus after regional referenda - BSkyB in talks with Fox over German, Italian assets techMARK 2,785.14 +0.10% FTSE 100 6,828.98 +0.21% FTSE 250 15,940.81 +0.35% UK stocks edged higher on Monday morning despite heightened tensions in
Read moreSunday newspaper round-up: AstraZeneca, BSkyB, interest rates
11th May 2014 11:23
Pfizer has been advised by a top US law firm that its assurances over the proposed £63bn takeover of AstraZeneca are legally binding, the Sunday Times reported. Chief Executive Ian Read hopes the opinion from Skadden Arps will help cool the political argument over his intended deal. He will be quest
Read moreGlencore Xstrata appoints Hayward as permanent Chairman
8th May 2014 08:23
Tony Hayward has been appointed as permanent Chairman of Glencore Xstrata, having occupied the interim role since May 2013. The group said the decision followed an "extensive search process". "Over the last twelve months, Tony has provided exemplary leadership of the board and proved himself to
Read moreWednesday broker round-up UPDATE
7th May 2014 08:35
Balfour Beatty: Jefferies reduces target price from 403p to 233p downgrading to hold. Deutsche Bank cuts target price from 280p to 250p and leaves its hold recommendation unchanged. Numis reduces target price to 260p and retains an add rating. Barclays: Deutsche Bank lowers target price from 320p t
Read moreGlencore Xstrata sees growth across most assets in first quarter
6th May 2014 07:31
Commodities trader and mining group Glencore Xstrata reported year-on-year production growth across most asset classes in the first quarter. Own-source copper output rose to 382,000 tonnes in the first three months of 2014, up 24% year-on-year, driven by the expansions at Mutanda and Ernest Henry a
Read moreSector movers: Basic resource stocks rise after strong US jobs report
2nd May 2014 15:26
Basic resource stocks, such as those in the mining, oil and gas sectors, rose on Friday, with sentiment boosted by a much better-than-expected US employment report, as an improved outlook for the world's largest economy increased hopes over demand. The Bureau of Labor Statistics reported that the U
Read moreLondon open: FTSE 100 rises as AstraZeneca jumps
28th Apr 2014 08:33
- AstraZeneca jumps as Pfizer confirms interest - Pharma stocks outweigh weakness in basic resource shares - Japanese retail sales surge, but analysts still cautious - BG Group drops after CEO exit, update techMARK 2,780.12 +1.17% FTSE 100 6,700.83 +0.23% FTSE 250 15,848.32 -0.25% UK markets edge
Read moreLondon midday: Pharma deals lift stocks as FTSE 100 nears 6,700
22nd Apr 2014 11:36
- FTSE 100 at highest since April 4th - Astra jumps on Pfizer takeover speculation - GSK announces massive three-part deal with Novartis techMARK 2,741.04 +2.28% FTSE 100 6,691.88 +1.01% FTSE 250 16,103.19 +1.23% Heightened M&A activity in the pharmaceutical sector gave UK markets a boost on Tues
Read moreLondon open: Pharma M&A gives UK stocks a lift
22nd Apr 2014 08:59
- FTSE 100 at highest since April 4th - Astra jumps on Pfizer takeover speculation - GSK announces massive three-part deal with Novartis techMARK 2,729.51 +1.85% FTSE 100 6,683.16 +0.87% FTSE 250 16,031.64 +0.78% Strong gains from heavyweight pharmaceutical groups gave UK markets a boost on Tuesd
Read moreBarclays downgrades Caracal after 'light' takeover offer from Glencore Xstrata
15th Apr 2014 09:21
Barclays has downgraded its rating for Canada-based Caracal Energy from 'overweight' to 'underweight' after Glencore Xstrata's takeover offer for the Chad-focused oil and gas explorer. Glencore said it would pay 550p per share for Caracal, valuing the group at £800m, representing a 61% premium to i
Read moreTuesday broker round-up UPDATE
15th Apr 2014 08:08
APR Energy: Goldman Sachs reduces target price from 1165p to 1039p, while upgrading to buy. Aureus Mining: FinnCap places its target price (prev.: 175p) under review and keeps its buy recommendation . Al Noor Hospitals: Jefferies increases target price from 1065p to 1155p and maintains a buy recom
Read more