Sunday newspaper round-up: Tesco, ITV, Glaxo
31st Aug 2014 17:42
Harris Associates, the US investment fund that has been one of Tesco's biggest and most loyal shareholders, has sold almost two thirds of its stake because it thinks the supermarket group has become too risky, the Sunday Telegraph reported. David Herro, Harris's chief executive, said there were too
Read moreLondon close: Astrazeneca leads FTSE higher on bid speculation
21st Aug 2014 17:42
- Healthcare stocks lift FTSE - German PMI data drives sentiment - Investors look ahead to Draghi speech - UK retail sales disappoint techMARK 2,819.77 +0.82% FTSE 100 6,777.66 +0.33% FTSE 250 15,838.57 +0.57% London's blue chips ended Thursday's session on a positive note, led by Astrazeneca. Inc
Read moreLondon close: Company results please, but analysts cautious
12th Aug 2014 16:57
- Markets trim losses to finish almost flat - Geopolitics in focus with aid on its way to Ukraine - German ZEW survey disappoints - Prudential, Just Eat, Ladbrokes and Serco rise after results techMARK 2,728.24 +0.03% FTSE 100 6,632.42 -0.01% FTSE 250 15,465.81 +0.03% UK stocks had practically cla
Read moreFTSE 100 movers: Prudential impresses with H1 profits, oil stocks fall
12th Aug 2014 14:49
Insurer Prudential impressed the market on Tuesday after the insurer's US and Asia businesses helped to boost group operating profits by a better-than-expected 17% to £1.52bn in the first half, despite a drop in UK annuity sales sparked by government pension changes. Oil stocks such as Shell, BP a
Read moreBroker tips: Hargreaves Lansdown, Prudential, African Barrick Gold, Ladbrokes
12th Aug 2014 12:16
Shares in financial services group Hargreaves Lansdown were under pressure on Tuesday after UBS initiated coverage of the stock with a 'sell' rating, saying that the "risk-reward [is] significantly skewed to the downside". The bank set a 850p target price for the stock, which implies downside from
Read moreLondon midday: Stocks erase losses to trade flat amid geopolitical developments
12th Aug 2014 12:10
- Markets trim losses to finish flat - Geopolitics in focus with aid on its way to Ukraine - German ZEW survey disappoints - Prudential, Just Eat, Ladbrokes and Serco rise after results techMARK 2,726.95 -0.02% FTSE 100 6,630.32 -0.04% FTSE 250 15,498.56 +0.24% UK stocks had clawed back losses and
Read moreUBS starts coverage of Hargreaves Lansdown with a 'sell' rating
12th Aug 2014 11:21
Shares in financial services group Hargreaves Lansdown were under pressure on Tuesday after UBS initiated coverage of the stock with a 'sell' rating, saying that the "risk-reward [is] significantly skewed to the downside". The bank set a 850p target price for the stock, which implies downside from
Read moreLondon open: Stocks fall despite strong earnings, as geopolitics weigh
12th Aug 2014 09:00
- Investors watch Ukraine crisis amid 'aid mission' speculation - ZEW surveys in focus in Germany - Ladbrokes, Just Eat, Serco and SIG rise after results - Hargreaves Lansdown hit by comments from UBS techMARK 2,721.19 -0.23% FTSE 100 6,621.59 -0.17% FTSE 250 15,468.99 +0.05% UK stocks declined on
Read moreBroker tips: Rio Tinto, Hargreaves Lansdown, Henderson, Dixons Carphone
7th Aug 2014 12:25
Rio Tinto easily beat consensus estimates with its first-half results on Thursday, though Investec repeated its 'hold' recommendation for the stock on a valuation basis. It said that the stock appears "fully valued" on a price-to-earnings basis. Nevertheless, the broker said that shareholders could
Read moreNumis upgrades Hargreaves Lansdown to 'buy'
7th Aug 2014 11:31
Numis Securities has upped its rating for Hargreaves Lansdown (HL) from 'hold' to 'buy', playing down recent concerns about the impact on the financial services group from the Retail Distribution Review (RDR). The broker said that its upgrade follows a period of share-price weakness, with the stock
Read moreLondon midday: Stocks fall for fourth straight day as BoE holds rates
10th Jul 2014 12:20
- FOMC minutes remove taper uncertainty - BoE decides to hold policy - Burberry gains, Barratt and AB Foods give up gains - Financials and airlines fall techMARK 2,759.10 -0.83% FTSE 100 6,659.30 -0.87% FTSE 250 15,358.40 -1.23% After a slow start, UK stocks sunk sharply into the red by Thursday l
Read moreLondon open: Central banks in focus as UK stocks open flat
10th Jul 2014 08:34
- FOMC minutes remove taper uncertainty - BoE policy decision due out at noon - Burberry, Barratt and AB Foods impress - LSE drops as Qatar cuts stake techMARK 2,785.94 +0.14% FTSE 100 6,722.04 +0.06% FTSE 250 15,553.32 +0.02% UK stocks opened more or less flat on Thursday as investors kept a clos
Read moreLondon close: FTSE slides as Fed minutes draw nearer, airlines dive
8th Jul 2014 16:59
- FTSE closes down 85.06 at 6,738.45 - Airlines lead downside - Industrial production registers surprise fall techMARK 2,794.08 -1.75% FTSE 100 6,738.45 -1.25% FTSE 250 15,652.48 -1.51% The UK's biggest 100 stocks took a significant hit in today's session, weighed down by an unexpected drop in ind
Read moreFTSE 100 movers: Airlines descend on read-across from Air France-KLM
8th Jul 2014 15:40
Airline stocks IAG and easyJet were falling sharply today as European peer Air France-KLM cut its profit guidance for the year. In comments similar to those made by Deutsche Lufthansa, the French-Dutch airline said that overcapacity on long-haul flights was having an impact on profitability. Hargr
Read morePayPoint non-exec offloads shares in deal worth £27.1m
12th Jun 2014 16:14
David Morrison, a non-executive director at PayPoint, has cashed in on the recent rise in the group's share price with sale of 2.46m shares in a deal worth £27.1m. Last month the payment services group revealed that its transaction volume in the 12-month period rose 3.9% to a record high, revenues
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