FTSE 250 movers: Halfords races ahead after strong Q3
16th Jan 2014 15:12
Halfords raced to the top of the leaderboard today after it trounced third-quarter analyst forecasts with a period of rapid top-line growth, driven by mild weather and continued retail reinvigoration by Chief Executive Matt Davies. Polymetal International climbed following an upgrade from UBS AG t
Read moreLondon midday: Mining strength buoys FTSE after mixed retail updates
16th Jan 2014 11:30
- Retail updates come in mixed - Citi turns bullish on mining sector - Markets flat after recent highs techMARK 2,836.75 -0.14% FTSE 100 6,823.76 +0.06% FTSE 250 16,237.17 -0.34% UK markets paused for breath on Thursday morning after hitting their highest level in eight months the previous session
Read moreLondon open: Stocks pause at eight-month high after mixed updates
16th Jan 2014 08:30
- Aberdeen drops as AuM fall three per cent - Retailers mixed as companies report festive sales - Mining stocks broadly higher, BHP Billiton upgraded techMARK 2,841.00 +0.01% FTSE 100 6,821.68 +0.03% FTSE 250 16,275.67 -0.11% Mixed corporate results weighed on UK markets on Thursday morning, as th
Read moreHalfords speeds past Q3 consensus but margins diluted - UPDATE
16th Jan 2014 07:27
- Q3 like-for-like sales up 5.2 per cent - Cycling leads growth, diluting gross margin - Expectations and full year guidance unchanged Aided by mild weather and continued retail reinvigoration by Chief Executive Matt Davies, Halfords trounced third-quarter analyst forecasts with a period of rapid t
Read moreLondon pre-open: FTSE to nudge higher tracking strong finish in US
16th Jan 2014 07:10
City sources predict the FTSE 100 will open two points higher than yesterday's close of 6,819.86, taking its lead from gains seen in the US overnight where the S&P 500 registered a new record high. The rise came on the back of hopes for the economic outlook and after strong gains from heavyweights
Read moreLondon close: Santa rally ends as retailers drag FTSE lower
30th Dec 2013 16:30
- FTSE closes down 20 points as Santa rally ends - House prices register 4.4 per cent rise - Retailers sink of competition and discount concerns techMARK 2,781.91 -0.18% FTSE 100 6,731.27 -0.29% FTSE 250 15,900.74 +0.14% The FTSE 100 ended its final full session of the year down 20 points, as supe
Read moreSector movers: Supermarkets and other retails weigh heavily
30th Dec 2013 16:05
Supermarkets have dragged the FTSE down today, with Sainsbury and Morrison weighing particularly heavily, on the back of competition fears. According to Alex Conroy at Spreadex, the declines are due to "growing fear that German competitor's such as Aldi and Lidl and their discount prices are cutti
Read moreFTSE 250 movers: Intl Personal Finance given boost by Numis
30th Dec 2013 15:50
Shares in home credit firm Internaional Personal Finance (IPF) were gaining some of its recently lost ground today after it plummeted on Friday morning following the news of a fine in Poland. This was helped significantly by Numis Securities, which said the drop in shares presented a good buying op
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 moreBroker snap: UBS downgrades M&S, ASOS on margin concerns
18th Dec 2013 08:32
High Street retail group Marks & Spencer was trading in the red on Wednesday morning after analysts at UBS cut their rating on the stock from 'buy' to 'neutral', highlighting higher levels of promotional spend across the industry as of late. "The clothing retailers look to have pressed the panic bu
Read moreSector movers: Retailers hit by Credit Suisse comments, M&S falls
6th Dec 2013 15:57
The general retail sector was out of favour on Friday after some cautious comments from analysts at Credit Suisse, with Marks & Spencer among the worst hit. The bank said that while 2013 has been a "remarkable year" for general retail stocks, it has also been a year of high single-digit downgrades
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 moreFTSE 250 movers: African Barrick Gold hit by 'sell' rating from Citigroup
2nd Dec 2013 15:47
African Barrick Gold declined after Citigroup restated its 'sell' rating on the mining stock. Looking ahead to 2014, the bank said: "Economic improvement should keep the 'insurance' demand for gold and silver as a commodity subdued, given that credit-crisis nerves are fading," the broker said. Mini
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