London open: Stocks pull back from four-week high
11th Sep 2013 08:19
FTSE 100 opened slightly lower on Wednesday morning as markets paused for breath to digest recent developments in Syria after the government agreed to hand over its chemical weapons. London's benchmark index finished Tuesday's session at 6,583.99, its highest closing price since August 14th when it
Read moreLondon close: Stocks jump to four-week high as Syria concerns ease
10th Sep 2013 16:40
The FTSE 100 jumped to a four-week high on Tuesday as investors' fears of an impending US military strike on Syria eased and the economic outlook for China improved. London's benchmark index finished 53.25 points higher at 6,583.99, a gain of 0.82%; the last time it closed higher was on August 14th
Read moreThursday tips round-up: Ashtead Group, Hargreaves Lansdown
5th Sep 2013 07:29
When a company's share price has risen by 60 per cent over the last year approximately analysts will instinctively look for reasons to justify taking profits. So it is with plant hire specialist Ashtead Group. Its first quarter figures were simply shoot-out-the-lights. However, it did also supply tw
Read moreLondon close: Stocks higher after late rally ahead of risk events
4th Sep 2013 16:37
The FTSE 100 managed to rally in afternoon trade on Wednesday to finish in positive territory after a strong start on Wall Street, though gains were only modest ahead of several key 'risk events' which have the potential to spark market volatility. It is set to be a busy end to the week with centra
Read moreLondon midday: Markets cautious ahead of risk events, Syria action
4th Sep 2013 11:26
Traders adopted a cautious approach on Wednesday morning with UK stocks registering losses in morning trade ahead of a number of 'risk events' later in the week which have the potential to spark market volatility. Fears about impending US military action in Syria also hit investor sentiment today a
Read moreBroker tips: Croda, Hargreaves Lansdown, Ryanair
4th Sep 2013 11:19
Exane BNP Paribas has upgraded its rating for speciality chemicals group Croda International from 'neutral' to 'outperform' following the stock's underperformance so far this year. The bank highlighted that Croda has underperformed the consumer ingredients sector by 17% in the year to date due to c
Read moreBroker snap: Canaccord ups Hargreaves Lansdown target after 'impressive' results
4th Sep 2013 11:00
Full-year results from Hargreaves Lansdown were 'impressive' with figures broadly meeting forecasts, though broker Canaccord Genuity decided to maintain its neutral stance on the stock on Wednesday. The compared said that it grew revenues, profit, assets under administration and active client numbe
Read moreLondon open: Potential strike on Syria worries investors early on
4th Sep 2013 08:32
Stocks declined on Wednesday morning on concerns over an imminent Western military intervention in Syria, with investors also choosing to scale back positions ahead of a number of 'risk events' later on in the week. The Senate Foreign Relations Committee last night gave the green light on a US atta
Read moreLondon pre-open: Markets turn cautious ahead of busy end to the week
4th Sep 2013 07:27
Markets are expected to open broadly flat on Wednesday morning as heightened fears about imminent Western military intervention in Syria dampen risk appetite. City sources predict the FTSE 100 will open more or less unchanged from yesterday's close of 6,468.41. The Senate Foreign Relations Commi
Read moreHargreaves Lansdown achieves record full-year results
4th Sep 2013 07:01
Hargreaves Lansdown's annual pre-tax profits rose 28 per cent to 195.2m pounds as the financial services company took on more clients and grew assets under administration (AuA). The FTSE 100 firm achieved a 22% jump in revenue to £292.4m for the year ended June 30th, driven by a 38% rise in AuA to
Read moreFTSE 100 movers: Tullow Oil rebounds as real estate stocks decline
3rd Sep 2013 16:25
Real estate stocks were among the worst performers on Tuesday after some gloomy comments from Deutsche Bank, which downgraded a collection of companies under its coverage. The German bank cut ratings for UK-listed property peers Land Securities, British Land, Great Portland Estates, Intu Properties
Read moreLondon open: Stocks fall ahead of busy week for earnings
22nd Jul 2013 08:23
The FTSE 100 opened slightly lower on Monday morning as investors turned cautious ahead of a busy week for corporate earnings across the globe. Markets are in for a "bumpy ride" this week with nearly a third of S&P 500 companies set to report their quarterly earnings, according to Financial Sales T
Read moreLondon midday: Financials pull markets lower after Hester exit from RBS
13th Jun 2013 11:38
Uncertainty regarding central-bank stimulus, reductions in global growth forecasts and the surprise departure of the head of one of the UK's biggest domestic banks prompted a sell-off on the FTSE 100 on Thursday, as volatility continued on markets across the globe. London's benchmark index slumped
Read moreThursday tips round-up: Hargreaves Lansdown, Tesco, Smiths News
18th Apr 2013 08:37
Hargreaves Lansdown stands to benefit from the Retail Distribution Review which came into effect this year. As well, the company's business model is structured in such a manner that it gains more through management charges as its clients do so. Further, it is more of a retail supermarket than a fund
Read moreLondon close: Stocks hit by fears over growth, US earnings
17th Apr 2013 16:50
Fears over economic growth and a raft of disappointing earnings in the States weighed heavily on global markets on Wednesday, while a number of heavyweight stocks going ex-dividend dampened the FTSE 100 in London. Bank of America (BofA) was the first major US bank to miss forecasts this earnings se
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