London midday: Sports Direct, Wood Group, SuperGroup drag markets lower
12th Dec 2013 11:21
- Sports Direct, Wood Group, SuperGroup fall after updates/results - Taper bets increase ahead of Fed meeting, US data in focus - FTSE 100 at lowest level since mid-October - Capital Economics sees 7,500 level for FTSE 100 in 2015 techMARK 2,650.21 -0.92% FTSE 100 6,442.07 -1.01% FTSE 250 15,247.68
Read moreLondon open: FTSE 100 at two-month low on taper fears
12th Dec 2013 08:44
- FTSE 100 at levels not seen since mid-October - US, Asian markets fall overnight - Sports Direct, Wood Group fall sharply early on techMARK 2,656.26 -0.69% FTSE 100 6,481.31 -0.41% FTSE 250 15,310.65 -0.56% Markets across Europe were trading in the red on Thursday morning with the FTSE 100 on tr
Read moreThursday broker round-up UPDATE
12th Dec 2013 08:13
British American Tabacco: Credit Suisse reduces target price from 3700p to 3550p and retains its outperform rating. City of London Inc Group: N+1 Singer cuts target price from 260p to 220p downgrading to hold. Diageo: Credit Suisse reduces target price from 2350p to 2200p and maintains an outperfo
Read moreLondon pre-open: FTSE to decline on tapering concerns
12th Dec 2013 07:27
- FTSE to fall on tapering concerns - US stock markets sink - Eurozone industrial production due out today City sources predict the FTSE 100 will open 26 points below yesterday's close of 6,507.72, dragged down by a poor finish across the Pond, where markets suffered steep losses on the back of con
Read moreGo-Ahead sees full-year results ahead of expectations
12th Dec 2013 07:12
- Sees full-year ahead of forecasts - Robust half-year trading - Eyes bus profit of 100m pounds by 2015/2016 Transport group Go-Ahead said its bus and rail divisions enjoyed a strong interim performance and, as a result, expects full-year results to come in a touch above previous expectations. "W
Read moreMonday broker round-up UPDATE
4th Nov 2013 08:07
Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold. Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p. APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling. Astra Zeneca: UBS reduce
Read moreThursday broker round-up UPDATE
24th Oct 2013 09:25
Aquarius Platinum: Investec lowers target price from 48p to 42p and downgrades from hold to sell. ASOS: Citi increases target price from 5800p to 7000p reiterating its buy recommendation. BHP Billiton: Jefferies raises target price from 2350p to 2400p and keeps a buy recommendation. Clinigen: Inv
Read moreBus and rail put Go-Ahead on track to hit annual targets
24th Oct 2013 07:01
Transport company Go-Ahead Group said growth in its bus and train businesses would keep it on track to hit full year targets. Go-Ahead, which runs buses on the south coast and in London, north east England and Oxford, said first quarter trading had been robust and its expectations for the year to J
Read morePetards wins CCTV deal from Bombardier
9th Oct 2013 08:09
Security and surveillance system group Petards has won a deal worth more than 1.75m pounds to supply Canadian train-builder Bombardier Transportation with on-board digital CCTV systems. Bombardier has chosen Petards' eyeTrain saloon and driver-only operation CCTV systems for 116 new Electrostar ele
Read moreWednesday broker round-up UPDATE
18th Sep 2013 08:28
African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec
Read moreLondon close: Investors take profits ahead of Fed decision
17th Sep 2013 17:01
Stocks extended losses by the end of trade on Tuesday as investors trimmed positions ahead of the much-anticipated Federal Reserve policy meeting tomorrow. Weighing on markets were heavy falls in the banking sector, with Lloyds sinking after the government placed a 6% stake at a 3.1% discount to ye
Read moreFTSE 250 movers: Broker comment boosts Salamander
17th Sep 2013 15:48
Salamander Energy was on the up today after RBC Capital reiterated its outperform rating on the stock. Travel stocks were performing well after upbeat comments on the UK bus and rail markets from JPMorgan Cazenove. The US bank raised its ratings for both Go-Ahead and Stagecoach from 'neutral' to 'o
Read moreLondon midday: Markets retreat from six-week high as banks fall
17th Sep 2013 11:23
The upcoming all-important policy decision by the Federal Reserve prompted an element of caution on stock markets across Europe on Tuesday, with the FTSE 100 pulling back from a six-week high. Banking stocks were among the notable fallers in London with Lloyds sinking after the government placed a
Read moreBroker tips: Lloyds, Glencore Xstrata, Bunzl...
17th Sep 2013 11:21
The sale of a six per cent stake in Lloyds by the government was a 'very well-timed' disposal, according to Investec. Investec analyst Ian Gordon said: "We regard the government's timing as impeccable, and it appears credible to suggest that it could yet be out in full by the election." Nevertheles
Read moreBroker snap: JPMorgan ups Go-Ahead and Stagecoach to 'overweight'
17th Sep 2013 10:00
Travel stocks were performing well on Tuesday after upbeat comments on the UK bus and rail markets from JPMorgan Cazenove. The US bank raised its ratings for both Go-Ahead (GOG) and Stagecoach (SGC) from 'neutral' to 'overweight'. Analysts Wenchang Ma and Christopher Combe said: "We upgrade GOG an
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