FTSE 100 movers: Financials on a flier as risk-on returns
8th Sep 2015 14:03
(ShareCast News) - The FTSE 100 index built on a strong start on Tuesday, rising 1.5% to 6,162.86 points by mid-afternoon with the financial sector leading the charge. Pensions and investment company Hargreaves Lansdown, which is due to publish results on Wednesday, and Aberdeen Asset Management tus
Read moreHargreaves non-exec director steps down
1st Sep 2015 08:28
(ShareCast News) - Financial services provider Hargreaves Lansdown has confirmed Dharmash Mistry has stood down from his role as non-executive director. The group said Mistry left his role on 31 August, as previously indicated in a statement released on 20 July. Hargreaves shares were down 2.04% to
Read moreFTSE 100 movers: Financials and travel stocks plunge, gold miners higher
29th Jun 2015 13:19
UK markets plummeted on Monday, as Greece closed its banks and called a public vote to determine its future within the Eurozone. With just seven stocks on the FTSE 100 in positive territory, the UK index was down 1.5% at 6,655 as of 14:30 BST. Travel tour operator TUI dropped sharply as investors e
Read moreLondon midday: Stocks slide as Greece shuts banks, calls referendum
29th Jun 2015 11:33
UK stocks slid sharply on Monday after Greece shut its banks and called a public vote to decide the fate of its future within the Eurozone. With just three stocks on the FTSE 100 in positive territory, the UK index was down 1.63% at 6,643.30 by midday. The index had dropped to a low of 6,598.64 earl
Read moreLondon open: Greek chaos sparks market sell-off; airline stocks drop
29th Jun 2015 09:17
The UK stock market and indices across Europe suffered a steep sell-off on Monday morning after Greece imposed capital controls and called for a referendum on bailout terms, pushing the country nearer to an exit from the Eurozone. Prime Minister Alexis Tsipras announced on Saturday that the governme
Read moreBroker tips: Hargreaves Lansdown, Bellway, Vodafone
8th Jun 2015 17:14
RBC Capital Markets downgraded Hargreaves Lansdown to 'underperform' from 'sector perform' but raised the target price to 1,100p from 1,050p. It said that while Hargreaves remains a high-quality, well-managed company with an impressive ability to attract net inflows, the stock is now expensive histo
Read moreHargreaves Lansdown downgraded to 'underperform' by RBC on valuation
8th Jun 2015 14:19
RBC Capital Markets downgraded Hargreaves Lansdown to 'underperform' from 'sector perform' but raised the target price to 1,100p from 1,050p. It said that while Hargreaves remains a high-quality, well-managed company with an impressive ability to attract net inflows, the stock is now expensive histo
Read moreFTSE 100 movers: Miners higher, Hargreaves Lansdown surges on record inflows
21st May 2015 13:19
London stocks inched higher on Wednesday, buoyed by stronger than expected retail sales and strong performances from mining, telecommunications and pharmaceutical stocks. At 14:30 BST, the FTSE 100 was trading 4 points higher at 7,011. Mining stocks, including Fresnillo, BHP Billiton and Rio Tinto,
Read moreThursday broker round-up
21st May 2015 13:01
Barclays: JP Morgan Cazenove reiterates overweight and 285p target. StanChart: Goldman sachs reiterates neutral. St.James Place: Numis reiterates add and 1050p target. Hargreaves Lansdown: JP Morgan Cazenove reiterates neutral and raises target to 1,100p from 1,050p. UK Mail Group: RBC Capital re
Read moreLondon close: Vodafone, banks lead markets higher but Greek concerns weigh
20th May 2015 16:59
Decent gains from blue chips Vodafone, Barclays and RBS gave UK stock markets a lift on Wednesday, with the Footsie settling above the 7,000 level for the first time in seven sessions. The FTSE 100 finished 12.16 points higher (+0.17%) at 7,007.26, a level it has not closed above since 11 May. Howe
Read moreFTSE 100 movers: Vodafone surges on merger speculation, miners rebound
20th May 2015 12:56
London stocks were trading slightly higher on Wednesday as strong performances from mining and telecommunications stocks outweighed weakness in the insurance and real estate sectors. As of 2:30 GMT, the FTSE 100 was trading 6.2 points higher at 7,0001. Vodafone led the risers, rebounding after Tues
Read moreLondon open: FTSE flat as blue chip earnings underwhelm, Vodafone rises on merger talk
20th May 2015 08:19
UK stocks edged higher on Wednesday morning though a raft of disappointing blue-chip earnings limited upside for the FTSE 100. The Footsie was up just 0.02% at 6,996.36 early on with Vodafone leading the way on the back of speculation surrounding a Liberty Global merger. However, results and update
Read moreHargreaves Lansdown reports record inflows, but revenue headwinds persist
20th May 2015 07:53
Bristol-based financial services provider Hargreaves Lansdown reported a record level of inflows over the first four months of 2015, helped by strong new business and client retention. However, shares fell on Wednesday as the company said that headwinds to revenues continued during the period. The
Read moreFTSE 100 movers: Easyjet nose dives on strikes and currency headwinds, financials lower
12th May 2015 13:10
Budget airline Easyjet led fallers despite meeting guidance and swinging to a small profit in the first half, warning it is likely to face tougher conditions in the latter part of the year. The company saw its shares sink after saying that exchange-rate movements and air traffic control strikes in F
Read moreLondon close: Markets shrug off weak data as Lloyds and miners surge
1st May 2015 16:37
Strong gains from mining stocks and an impressive first-quarter performance from UK lender Lloyds helped UK markets to rise on Friday, as investors shrugged off mostly worse-than-expected economic data. "With Europe mostly out of action for May Day, it was a quiet day in London, but at least the tra
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