London open: Stocks closing in on three-week high, but Barclays falls
11th Feb 2014 08:32
- Barclays down as profits fall - Babcock, miners, retailers lead the upside - Markets focus on Yellen ahead of House testimony techMARK 2,824.94 +0.65% FTSE 100 6,645.74 +0.82% FTSE 250 16,015.55 +0.66% UK markets were performing well on Tuesday morning as decent gains from Babcock, mining stocks
Read moreLondon pre-open: Stocks seen higher ahead of Yellen
11th Feb 2014 07:25
UK markets are expected to open with small gains on Tuesday following a decent performance by US and Asian stocks overnight as investors ready themselves for comments from new Federal Reserve Chair Janet Yellen. City sources predict the FTSE 100 will open 27 points higher than yesterday's close o
Read moreGlencore Xstrata increases output of most commodities in 2013
11th Feb 2014 07:00
- Metal output mostly rises, except for zinc, lead and nickel - Copper output up 26 per cent Glencore Xstrata increased production across most of its major commodity classes in 2013, the commodities trader and mining giant said on Tuesday. The firm, which was formed through the merger of Glencore
Read moreLondon open: Markets pause ahead of US jobs data, stocks flat
7th Feb 2014 08:37
- Non-farm payrolls estimated at 180,000 - China services PMI falls to 50.9 - Tate & Lyle upgraded by JPMorgan to 'overweight' - Shires stops development of depression drug techMARK 2,781.99 +0.10% FTSE 100 6,561.78 +0.05% FTSE 250 15,827.61 +0.24% The FTSE 100 was broadly flat on Friday morning w
Read moreThursday broker round-up UPDATE
30th Jan 2014 09:06
Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan
Read morePotential for cost deflation puts miners on the radar at Nomura
28th Jan 2014 13:11
Three years of underperformance changed the typical thinking of management at metal and mining outfits and the consensus may not yet have woken up to the implications of that for valuations in the sector, Nomura said in a research note issued on Tuesday. In 'boom times' "Growth at all costs" was t
Read moreLondon open: Stocks gain ahead of UK data
22nd Jan 2014 08:48
- Markets at highest level since May 2013 - UK jobless data, MPC minutes in focus - Miners provide a lift but BHP subdued techMARK 2,859.42 +0.46% FTSE 100 6,856.45 +0.32% FTSE 250 16,203.07 +0.36% UK markets opened with moderate gains on Wednesday morning as the FTSE 100 continues to trade at its
Read moreWednesday broker round-up UPDATE
22nd Jan 2014 08:33
Admiral Group: Numis raises target price from 1425p to 1710p upgrading from add to buy. African Barrick Gold: Deutsche Bank moves target price from 180p to 190p and keeps a hold recommendation. RBC Capital takes target price from 220p to 250p and maintains an outperform rating. JP Morgan ups target
Read moreLondon close: FTSE 100 treads water at eight-month high
21st Jan 2014 16:38
- FTSE 100 fails to break 2013 intraday high - Credit squeeze eases in China - IMF lifts global growth forecasts techMARK 2,846.40 -0.25% FTSE 100 6,834.26 -0.04% FTSE 250 16,144.20 -0.51% After a choppy session, UK markets finished broadly flat on Tuesday as the FTSE 100 teetered at levels not re
Read moreFTSE 100 movers: Intertek jumps on readacross from SGS
21st Jan 2014 15:09
Intertek, a provider of testing and safety solutions, jumped as a result of readacross from its sector peer, Swiss firm SGS, which posted upbeat full-year results. Consumer products group Unilever was also high riser today after reporting underlying sales growth of 4.3% for 2013, helped by strong
Read moreLondon midday: Markets edge higher but rangebound
21st Jan 2014 11:22
- Unilever rises after annual results - Miners fall as Goldman adjusts metal price forecasts - Credit squeeze eases in China - German ZEW survey weakens techMARK 2,854.01 +0.01% FTSE 100 6,844.27 +0.11% FTSE 250 16,191.74 -0.22% It was another subdued morning in London with the FTSE 100 trading wi
Read moreLondon open: FTSE 100 closing in on record high after positive start
21st Jan 2014 08:37
- FTSE 100 surpasses last year's closing high - Chinese central bank eases cash squeeze - Unilever impresses with 2013 results - Miners fall as Goldman adjusts metal price forecasts techMARK 2,861.62 +0.28% FTSE 100 6,846.21 +0.14% FTSE 250 16,240.35 +0.08% UK markets were closing in on their all-
Read moreLondon close: Car insurers lead markets higher after choppy session
17th Jan 2014 16:31
- UK retail sales smash forecasts for December - US economic data and earnings come in mixed - Car insurers gain as decline in premiums eases - Shell issues massive profit warning techMARK 2,851.01 +0.26% FTSE 100 6,829.30 +0.20% FTSE 250 16,187.09 -0.14% UK markets ended a choppy session with sma
Read moreFTSE 100 movers: Admiral rises on insurance industry data
17th Jan 2014 15:07
Car insurer Admiral led today's risers after data showed that the decline in average premiums across the sector eased considerably at the end of 2013. Retailers Sainsbury and M&S climbed after UK retail sales volumes grew at a whopping 2.6% month-on-month pace in December, up from a revised 0.1% in
Read moreLondon close: FTSE 100 flat near eight-month high, but miners surge
16th Jan 2014 17:07
- Markets pause for breath after recent highs - Mining stocks surge as Citi turns bullish - Aberdeen drops as AuM fall - Retailers AB Foods, Halfords, Dixons, Home Retail in focus techMARK 2,843.65 +0.10% FTSE 100 6,815.42 -0.07% FTSE 250 16,209.65 -0.51% UK markets finished largely flat on Thursd
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