Wednesday broker round-up UPDATE
15th Jan 2014 08:42
African Barrick Gold: Liberum Capital downgrades to sell with a target price of 147p. Deutsche Bank lowers target price from 190p to 180p, while maintaining a hold recommendation. African Minerals: Deutsche Bank shifts target price from 410p to 414p and maintains a buy recommendation. Amlin: JP Mo
Read moreGrainger COO to step down at end of January
13th Jan 2014 13:28
The Chief Operating Officer (COO) of residential property owner Grainger has announced plans to leave the company at the end of January. Peter Crouch, who has been with the company since 2005, will receive a severance payment based on his salary as well as performance-related share options under t
Read moreLondon pre-open: FTSE to move above 6,700 ahead of payroll numbers
10th Jan 2014 07:30
City sources predict the FTSE 100 will open 25 points higher than yesterday's close of 6,691.34 ahead of today's US non-farm payroll figure. The consensus of analysts expect the Bureau of Labor Statistics data to reveal a 195,000 increase in non-farm payrolls in December, down slightly from the 20
Read moreGrainger sells part of retirement solution portfolio
10th Jan 2014 07:11
Residential property group Grainger has disposed of a portfolio of UK properties and won a management contract over the homes. The properties, which it acquired via its retirement equity release scheme, have been sold for £87.6m to property investor Clifden Holdings. This earned the FTSE 250 comp
Read moreLondon close: Markets flat as investors turn cautious ahead of Fed
18th Dec 2013 16:41
- Stocks trading within narrow range ahead of Fed - Fed decision due at 19:00 London time - BoE votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low techMARK 2,697.26 +0.47% FTSE 100 6,492.08 +0.09% FTSE 250 15,366.70 +0.12% Markets finished b
Read moreFTSE 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
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