FTSE 100 movers: Banks and insurers lifted by Deutsche Bank upgrade
12th Oct 2012 15:50
Banks and insurers have been buoyed by Deutsche Bank upgrading the sectors to 'overweight'. However, it was financial services provider Hargreaves Lansdown which topped the leader board in the morning session, after it said it had got off to a "pleasing" start to its new financial year. Hargreav
Read moreLondon midday: Basel III boost for banks
12th Oct 2012 11:44
Leading shares largely trod water in the morning session, although banks had a good session on the back of rumours that the implementation of the strict new Basel III capital rules may be delayed. Financials lead the way Banks and insurers have been buoyed by Deutsche Bank upgrading the sectors to
Read moreLondon open: Soft start but banks shine
12th Oct 2012 08:51
London has taken its cue from Wall Street, which experienced a late swoon yesterday, and opened lower. Stocks on the other side of the Atlantic were initially boosted by jobless data, which showed a fall to levels not seen in over four years, but the good mood did not last, as some pundits claimed
Read moreLondon pre-open: FTSE to start the day in negative territory
12th Oct 2012 07:26
City sources predict the FTSE 100 will open down 10 points from yesterday's close of 5,830, as worries over the Eurozone persist and reflecting the mixed results seen in the US on Thursday. Stocks on the other side of the Atlantic were initially boosted by jobless data, which showed a fall to level
Read moreAuA at record levels at Hargreaves Lansdown
12th Oct 2012 07:02
Financial services provider Hargreaves Lansdown said revenue, assets under administration (AuA) and client numbers all hit record levels in the July-September quarter, the firm's quietest period of the financial year. Assets under administration increased to £28.5bn at the end of September from fro
Read moreLondon midday: Stocks rally after German vote on ESM
12th Sep 2012 11:48
- Stocks jump after ESM vote in Germany - Spain considering ECB bond purchases - Banks lead the rally The FTSE 100 had swung into positive territory by Wednesday lunchtime with banking stocks in the lead after Germany's high court approved the Eurozone's new rescue fund, the European Stability Mec
Read moreLondon open: Stocks cut losses slightly after German decision
12th Sep 2012 08:27
- German Constitutional Court approves ESM - Major events still to come this week - China's Wen confirms GDP growth UK stocks are holding slightly lower in early trading on Wednesday although the initial reaction to the German Constitutional Court's (GCC) decision on the European Stability Mechanis
Read moreLondon close: Footsie at five-week low ahead of ECB decision
5th Sep 2012 16:17
- FTSE 100 closes at lowest level since late July - Eurozone newsflow mixed ahead of ECB meeting - Global slowdown fears weigh on sentiment Mixed remarks from Eurozone officials prompted a volatile day of trade on London's stock market on Wednesday as eyes remain fixed on tomorrow's policy rate dec
Read moreHargreaves co-founder quits as profits surge
5th Sep 2012 14:29
Investors of Hargreaves Lansdown shrugged off co-founder Stephen Lansdown's decision to step down on Wednesday as the company defied the economic gloom to report record levels of revenue, profits, assets under administration (AuA) and active client numbers in the year to June 30th. Lansdown, who fo
Read moreLondon midday: Markets nervous ahead of ECB decision
5th Sep 2012 11:38
- All eyes on ECB meeting - Concerns about China, Japan and Australia weigh on sentiment - Britvic in merger talks with AG Barr The FTSE 100 was well off its intraday low by Wednesday lunchtime but still firmly in the red as investors continued to fret about the upcoming policy decision in Europe t
Read moreLondon open: BP and ex-div stocks provide a drag early on
5th Sep 2012 08:34
- ECB meeting eyed - Australian, Chinese data disappoints - BP, ex-div stocks weigh on Footsie Following a 1.5 per cent fall for the Footsie the day before, UK stocks opened lower once again on Wednesday morning with investors likely to remain cautious ahead of tomorrow's eagerly anticipated Europe
Read moreAnnual profit jumps at Hargreaves Lansdown
5th Sep 2012 07:13
Financial services provider and asset management group Hargreaves Lansdown said total assets under administration (AuA) rose seven per cent in the year ended 30th June 2012 while profit jumped 21 per cent despite continued market volatility. In a separate statement the group also announced that co-
Read moreLondon open: Tentative start ahead of Bernanke speech
31st Aug 2012 08:32
- All eyes turn to Bernanke - Mining stocks wanted early on after recent losses - Redrow Chairman makes takeover approach Stock markets across Europe have been rather subdued over the past few days and the opening hour of Friday's session was no different as investors continued to show caution ahea
Read moreLondon close: Footsie drops two per cent on Eurozone fears
23rd Jul 2012 17:17
- Footsie near one-month low - Spanish regions ask for aid; bond yields surge - Evraz leads the Footsie lower Indices across Europe and the US tanked on Monday, with the FTSE 100 finishing near a one-month low, as Eurozone debt concerns spread fear across equity markets. The Footsie dropped 2.09%
Read moreThursday broker round-up
28th Jun 2012 10:24
3i Group: Citigroup upgrades to buy, target lifted from 215p to 220p. Abcam: Investec upgrades to buy, target lifted from 349p to 466p; Peel Hunt raises target from 440p to 480p, buy rating unchanged. bwin.party: UBS cuts target from 165p to 125p, neutral rating unchanged. Cookson: UBS cuts targe
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