London open: Stocks flat as traders await details from EU summit
15th Mar 2013 08:29
UK stocks opened more or less flat on Friday morning as markets paused for breath after a strong rise the day before, with traders awaiting any developments at the European Union (EU) summit in Brussels. The S&P 500 finished just a couple of point shy of its all-time high on Thursday night as data
Read moreLondon pre-open: FTSE to follow US stocks slightly higher
15th Mar 2013 07:30
City sources predict the FTSE 100 will open up 18 points from yesterday's close of 6,529, after US tocks finished with decent gains on Thursday on the back of jobless claims, which came in below expectations, signalling further improvement in the US labour market. The S&P 500 finished 0.6% higher a
Read moreHalma strengthens water business with acquisition - UPDATE
15th Mar 2013 07:05
Halma, a safety, health and environmental technology group, has acquired ASL Holdings, a Northampton-based business which designs and manufactures machine-to-machine (M2M) communication products. These products are incorporated into SMART meters for remote data monitoring and a range of other appli
Read moreFTSE 250 movers: DS Smith decline on concerns over Paper business
8th Mar 2013 15:38
DS Smith, the packaging company, was retreating one day after warning on concerns over its Paper business, which it said continued to suffer a 'poor' performance during the three months ended January 31st. Shares in mining group Bumi rose strongly on Friday. The group this morning unveiled details
Read moreFriday broker round-up UPDATE
8th Mar 2013 07:42
Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
Read moreFriday broker round-up UPDATE
15th Feb 2013 07:58
Aberdeen Asset Management: UBS shifts target price from 440p to 470p and reiterates a buy recommendation. Credit Suisse takes target price from 410p to 470p staying with its outperform rating. Barclays revises target price from 470p to 490p, while its overweight rating remains unchanged. Jefferies m
Read moreFTSE 250 movers: Bumi falls as infighting continues ahead of vote
14th Feb 2013 15:37
Bumi plc shares tumbled as co-founders of the coal miner financier Nathanial Rothschild and the Bakrie Group continued to butt heads over fate of the business. Shareholders are meeting next Thursday to vote on a proposal by Rothschild to replace members of the board. Furthermore, overnight shares of
Read moreLondon midday: Stocks sink as Eurozone contracts further in Q4
14th Feb 2013 12:05
After hitting a fresh five-year high the day before, London's benchmark FTSE 100 index slumped on Thursday morning as traders reacted to weaker-than-expected economic growth figures from Japan and across Europe. Overnight, it was announced that Japanese gross domestic product (GDP) contracted by 0.
Read moreLondon open: Markets flat as stocks digest GDP figures
14th Feb 2013 08:37
Markets opened broadly flat on Thursday morning, pausing after hitting a fresh five-year high the day before, as investors showed caution on a busy day for economic data. Overnight, it was announced that Japanese gross domestic product (GDP) contracted by 0.1% in the fourth quarter, down 0.4% on an
Read moreThursday broker round-up UPDATE
14th Feb 2013 08:09
African Barrick Gold: Deutsche Bank cuts target price from 410p to 340p, while staying with its hold recommendation. Investec reduces target price from 405p to 315p and downgrades from buy to hold. JP Morgan lowers target price from 370p to 290p and downgrades to underweight. AG Barr: Barclays down
Read moreLondon pre-open: FTSE to edge lower after yesterday's highs
14th Feb 2013 07:36
City sources predict the FTSE 100 will open down four points from yesterday's close of 6,359, after it hit five-year highs on Wednesday - despite a number of stocks providing a drag after going ex-dividend. Further gains may be limited by news that Japan's economy contracted 0.1%, compared to expe
Read moreHalma on track for targets
14th Feb 2013 07:16
Environmental technology health and safety group Halma said based on current trading and forecasts, it expects adjusted profit for the full year to be in line with market expectations. In an update ahead of its results for the year ending March 30th, the group said regional and sector trading patte
Read moreThursday broker round-up UPDATE
24th Jan 2013 08:20
Ashtead Group: Jefferies raises target price from 450p to 525p and keeps a buy recommendation. Aviva: Berenberg cuts target price from 480p to 470p, while retaining a hold recommendation. JP Morgan revises target price from 424p to 443p and maintains an overweight rating. Barr (AG): Societe Genera
Read moreHalma completes acquisition of Thinketron Precision Equipment
23rd Jan 2013 09:13
Health and environmental technology group Halma has completed the acquisition of Thinketron Precision Equipment Company and its subsidiaries, Baoding Longer Precision Pump Company and Langer Instruments Corporation. The latter, which is based in the US, distrubtues Longer Pump products, which manuf
Read moreWednesday broker round-up UPDATE
23rd Jan 2013 07:05
Aberdeen Asset Management: Societe Generale downgrades to hold, while its target price of 375p is not altered. Amara Mining: Investec reduces target price from 89p to 83p and reiterates a buy recommendation. Associated British Foods: Jefferies raises target price from 1365p to 1650p keeping a hold
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