FTSE 250 movers: Mining stocks weaken, Hays extends losses
11th Jul 2014 15:26
Mining stocks were dominating the fallers list on the FTSE 250 on Friday as risk appetite weakened ahead of the weekend. Kazakhmys, Centamin, Polymetal and African Barrick Gold were all suffering heavy losses by the afternoon. UK recruitment company Hays was extending losses made yesterday after it
Read moreFTSE 250 movers: Ashmore lifted by strong set of fourth quarter results
10th Jul 2014 15:52
Much stronger net inflows and a better investment performance helped emerging markets asset manager Ashmore beat consensus forecasts for fourth-quarter assets under management and arrest the previous quarter's decline. Assets under management increased 7% during the quarter to $75bn, having declined
Read moreHays reiterates full-year guidance after Q4 growth
10th Jul 2014 08:46
- Full-year profit guidance reiterated - Net fees rise 7% - Growth in permanent and temporary units - UK and Ireland drive performance UK recruitment company Hays reiterated its full-year guidance for operating profit of about £140m after achieving 7% total like-for-like growth in net fees in the
Read moreSunday tips round-up: Serco, Balfour Beatty, N Brown
6th Jul 2014 17:41
Serco is becoming a classic falling knife share, Questor said in The Sunday Telegraph. Its loss of the contract to run London's Docklands Light Railway caps a grim 12 months for the outsourcing group. The problem for Rupert Soames, the new Chief Executive, is that Serco is in danger of being locked
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
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 moreFriday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
Read moreFriday tips round-up: RBS, Hays
11th Apr 2014 07:20
Some analysts are wondering whether the agreement reached by RBS with the government so as to be able to resume dividends will actually bring forward the date of shareholder payments. The Times' Tempus is not so sure. In essence, the bank needs to rebuild its capital reserves - so as to receive regu
Read moreFTSE 250 movers: Kazakhmys slides after broker assesments
10th Apr 2014 15:53
Kazakhmys was in the bottom spot on the second tier after a week of unimpressive broker comments. On Tuesday Deutsche Bank reiterated its 'sell' rating, while Investec reduced its price target from 294p to 280p. The group has recently unveiled plans for a restructuring, which will see it split into
Read moreLondon midday: Stocks erase early gains, BoE holds rates
10th Apr 2014 11:50
- BoE holds rates, US jobless claims ahead - FOMC minutes reveal dovish stance - M&S erases gains after trading update - RBS pays to cancel dividend access share techMARK 2,733.65 +0.13% FTSE 100 6,640.82 +0.08% FTSE 250 16,217.66 +0.33% UK stocks mostly erased gains by Thursday lunchtime after th
Read moreThursday broker round-up UPDATE
10th Apr 2014 09:23
AMEC: Canaccord Genuity takes target price from 1350p to 1400p and leaves its buy recommendation unaltered. Atkins (WS): Numis ups target price from 1600p to 1650p, while downgrading from buy to add. Burberry: JP Morgan reduces target price from 1600p to 1400p and keeps a neutral rating. Capita G
Read moreLondon open: Stocks rise strongly after Fed minutes
10th Apr 2014 08:32
- FOMC minutes reveal dovish stance - BoE, economic data in focus today - M&S, Hays and 888 gain after trading updates - RBS pays to cancel dividend access share techMARK 2,751.14 +0.77% FTSE 100 6,683.98 +0.73% FTSE 250 16,298.45 +0.83% UK stocks advanced on Thursday, following a strong performan
Read moreHays lifts quarterly net fees and full-year profit target
10th Apr 2014 07:09
- Increases quarterly LFL net fees - Improved conditions across many of its key markets - Upwardly revises full-year profit target Recruitment firm Hays reported a solid increase in quarterly net fee growth, helped by improved conditions across many of its key markets, leading to increased expect
Read moreLondon midday: Stocks pull back after strong gains, earnings and data in focus
5th Mar 2014 11:34
- Economic data, China targets closely watched - Ukraine crisis still in focus - Admiral jumps, Melrose sinks - Credit Suisse takes down housebuilders techMARK 2,905.24 -0.55% FTSE 100 6,782.33 -0.61% FTSE 250 16,619.55 -0.48% UK stocks fell on Wednesday as investors focused on a string of import
Read moreLondon open: Stocks edge lower as investors await data
5th Mar 2014 08:28
- Stocks pull back after strong rise - Tensions ease between Russia and Ukraine - Investors await host of economic data techMARK 2,915.70 -0.19% FTSE 100 6,810.51 -0.19% FTSE 250 16,667.83 -0.19% UK markets opened slightly lower on Wednesday morning as investors watched geopolitical developments
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