FTSE 250 movers: bwin.party jumps on confident outlook
18th Dec 2013 15:51
Online gambling group bwin.party surged on Wednesday after saying that trading in the final quarter was in line with management's expectations. The firm also said that the outlook for 2014 remains positive, with new product launches, continued mobile expansion, prospects for further growth in the US
Read moreLondon midday: Markets await Fed as data turns heat up on MPC
18th Dec 2013 11:16
- Taper speculation picks up ahead of Fed decision - MPC votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low - Retailers under the weather techMARK 2,693.27 +0.32% FTSE 100 6,500.40 +0.22% FTSE 250 15,391.16 +0.28% UK markets held on to gains
Read moreLondon open: Markets edge higher despite taper uncertainty
18th Dec 2013 08:21
- Fed meeting in focus, decision due out after close - BoE minutes to be released this morning - M&S downgraded by UBS to 'neutral' - Oil stocks in focus after exploration updates techMARK 2,701.33 +0.62% FTSE 100 6,512.99 +0.41% FTSE 250 15,387.21 +0.25% Markets opened slightly higher on Wednesda
Read moreHangar 8 CEO makes first sale to meet demand for stock
3rd Dec 2013 15:59
Hangar 8, a privately-owned passenger jet aircraft owner, announced that Dustin Dryden, its Chief Executive Office, made his first ever sale of company stock with the disposal of 750,000 shares to meet institutional demand. Dryden sold the shares at 205p each for a total of £1.54m and reduced his
Read moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreGrainger swings to annual profit as NAV rises
7th Nov 2013 09:55
- Grainger swings from loss to profit - Gross NAV rises nine per cent - Group raises dividend Residential property business Grainger swung to a full year profit as sales and net asset value (NAV) increased, beating forecasts convincingly. The group achieved a pre-tax profit of £64.3m in the year
Read moreLondon midday: Reckitt, BHP lead markets higher as investors await US jobs
22nd Oct 2013 12:00
Well-received corporate earnings from a number of heavyweight stocks gave markets a boost on Tuesday with the FTSE 100 holding on to a two-and-a-half-month high ahead of some key US data. Trading updates and results from blue chips Reckitt Benckiser, BHP Billiton, GKN and Whitbread all impressed th
Read moreLondon open: Upbeat earnings lift markets higher ahead of US data
22nd Oct 2013 08:15
Upbeat corporate earnings from a number of heavyweight stocks helped UK markets higher on Tuesday morning as investors showed optimism ahead of some key economic data out later on. The FTSE 100 was trading up 0.1% at 6,659.87 early on, building on gains after hitting a two-and-a-half-month high on
Read moreTuesday broker round-up UPDATE
22nd Oct 2013 08:02
Aggreko: JP Morgan reduces target price from 1800p to 1620p reiterating a neutral rating. Alexander Mining: Northland Capital shifts target price from 6p to 8.10p and keeps a buy recommendation. APR Energy: JP Morgan increases target price from 1075p to 1150p and maintains an overweight rating. B
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
Read moreTuesday broker round-up UPDATE
13th Aug 2013 07:45
Aviva: Nomura increases target price from 414p to 474p reiterating its buy recommendation. BBA Aviation: Jefferies raises target price from 290p to 345p and keeps a buy recommendation. Braemar Shipping Services: Westhouse Securities takes target price from 450p to 515p and retains a buy recommenda
Read moreGrainger on target for debt reduction
7th Aug 2013 07:34
FTSE 250 residential property owner-manager Grainger said it is in a strong position to benefit from a strengthening market as it pays down its debt. Net debt reduced to approximately £985m at August 6th 2013, achieving debt target of below £1bn well ahead of schedule, the group said. The Newcastl
Read moreFTSE 250 movers: Hedge-fund manager Man Group hit by broker downgrade
5th Jun 2013 14:56
Man Group was the biggest mover on the second-tier index on Wednesday, with its share price plummeting after UBS downgraded the stock to 'neutral' citing a 'degradation in the investment case'. The broker said that Man remains highly dependent on its AHL fund, while raising concerns about Japanese
Read moreLondon midday: Markets drop ahead of key US data
5th Jun 2013 11:18
It was another volatile morning for financial markets on Wednesday as ongoing worries about stimulus measures in the US and a heavy economic data schedule dominated market sentiment. The FTSE 100 hit intraday low of 6,453 this morning, the index's lowest level since the start of May. Concerns abo
Read moreLondon open: Stocks hit one-month low ahead of data, Tesco falls
5th Jun 2013 08:30
A flurry of economic data and renewed concerns about the Federal Reserve's 'exit strategy' from stimulus ensured that markets opened firmly in the red on Wednesday morning. The FTSE 100 hit intraday low of 6,507 early on before rebounding slightly within the opening hour - this was the index's lowe
Read more