Sunday share tips: Direct Line, Laird, Brewin Dolphin
28th Feb 2016 14:58
(ShareCast News) - Direct Line shares are worth holding, said the Sunday Times' Inside the City column ahead of Tuesday's annual results for the insurer. Full year profits are forecast to have reversed moderately, but things look better going forward, with a new online marketing campaign launched la
Read moreFTSE 100 movers: Banking shares drive index down
11th Feb 2016 14:37
(ShareCast News) - The FTSE 100 resumed its slide on Thursday, with the blue-chip index dropping 80.51 points (1.42%) to 5,591.79 points by mid-afternoon. Banking shares were under pressure, with Barclays and Standard Chartered among the top fallers, after Societe Generale's profit warning added to
Read moreThursday newspaper share tips: Contrasting views on Hargreaves Lansdown
4th Feb 2016 11:12
(ShareCast News) - Hargreaves Lansdown was the focus of the main newspaper share tip columns on Thursday. In its interim report for the six months to 31 December, the financial services provider on Wednesday reported revenue had increased from £144.1m to £158.8m. That was boosted by a 23% increase
Read moreAnalysts upbeat on Hargreaves Lansdown's outlook, but valuation seen as generous
3rd Feb 2016 13:43
(ShareCast News) - Analysts appeared to remain generally upbeat on the prospects for Hargreaves Lansdown despite the small 'miss' by the financial products supermarket on its first half profits when compared with market expectations. For analysts at Nomura, the Bristol-based firm continued to be wel
Read moreHargreaves Lansdown revenue and profit up, just short of expectations
3rd Feb 2016 07:14
(ShareCast News) - Hargreaves Lansdown has reported an increase in revenue and profit for the first half of the year, however it fell just short of expectations, causing shares to drop over 4% in early trading. In its interim report for the six months to 31 December, the financial services provider
Read moreFTSE 100 movers: Oil prices sink blue chip market
15th Jan 2016 14:29
(ShareCast News) - The FTSE 250 is set to end the week on a sour note, with the blue chip market sitting down 119.49 points (2.02%) at 5,798.74 by mid-afternoon Friday. Falling oil prices affected most of the market's biggest fallers, as oil stayed below $30 a barrel. That hit the mining sector, esp
Read moreLondon close: Stocks up as US inflation exceeds forecasts
15th Oct 2015 16:15
(ShareCast News) - The UK equity market was in positive territory on Thursday after US inflation data beat forecasts. The US consumer price index for September came in flat from a year ago, better than the 0.1% dip forecast by analysts and following a 0.2% increase in August. Compared to a month ag
Read moreLondon midday: Stocks boosted by Chinese lending figures ahead of US inflation
15th Oct 2015 11:09
(ShareCast News) - London stocks were on the front foot on Thursday, buoyed by a higher than expected increase in Chinese lending figures. China's banks issued 1.05trn yuan in new yuan loans in September, compared to 809.6bn yuan in August and analysts' expectations of 850bn yuan. "Although this wi
Read moreFTSE 100 movers: Hargreaves Lansdown rallies; housebuilders slump
14th Oct 2015 14:09
(ShareCast News) - London's FTSE 100 index was down 0.7% to 6,296.01 as worries about a slowdown in the world's second-largest economy continued to undermine sentiment, following the release of disappointing Chinese inflation figures. Shares in luxury fashion retailer Burberry declined for the secon
Read moreLondon pre-open: Stocks seen lower; wage growth figures eyed
14th Oct 2015 07:42
(ShareCast News) - London stocks are expected to open lower on Wednesday as worries about global growth weigh on investors' minds and following weak Chinese inflation data. The FTSE 100 index is seen opening down 47 points at 6295. On the data front, UK claimant count and average weekly earnings a
Read moreHargreaves Lansdown lifts revenue and eyes benefits of Lloyds Bank offer
14th Oct 2015 07:17
(ShareCast News) - Hargreaves Lansdown reported an increase in new clients, though assets under administration have dipped due to the tough market. The FTSE 100 wealth manager posted a trading update for the quarter to 30 September on Wednesday that showed active clients rose by 24,000, compared to
Read moreBroker tips: Jimmy Choo, Hargreaves Lansdown, PZ Cussons
9th Sep 2015 17:01
(ShareCast News) - RBC Capital Markets has initiated coverage of Jimmy Choo at 'outperform' with a 200p price target. "Jimmy Choo's footwear-focused model is attractive given the early stage of brand development and the defensiveness of the product category on a long term view," the Canadian bank sa
Read moreNumis bumps Hargreaves up to 'add' after results
9th Sep 2015 11:27
(ShareCast News) - Numis upgraded Hargreaves Lansdown to 'add' from 'hold' and lifted its price target to 1,280p following the company's results, which it said showed a strong underlying performance. Numis said the numbers were in line with forecasts in terms of profit, but the 18% growth in client
Read moreHargreaves Lansdown reports dip in profit but boosts dividend
9th Sep 2015 07:36
(ShareCast News) - Hargreaves Lansdown posted a 5% drop in operating profit for the year ended 30 June, although revenue nudged up, assets under administration rose 18% and the company boosted its dividend. Pre-tax profit for the period fell to £199m from £209.8m last year, while revenue was up at 1
Read moreLondon pre-open: Footsie set to rise after Chinese and Japanese stocks jump
9th Sep 2015 07:22
(ShareCast News) - The Footsie was being called to start the day higher by up to 1.4%, bolstered by reports of plans for further stimulus in Asia's two largest economies and possible bargain hunting. As of 07:24 the Nikkei-225 was higher by 7.71% to 18,770.51 points, its largest one day advance s
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