Sector movers: Defensive stocks sought as geopolitical tensions rise
18th Jul 2014 13:48
Defensive stocks were in demand in London on Friday as investors sold off 'riskier' assets in search for safety amid heightened geopolitical tensions across the globe. World leaders have demanded answers after the shooting down of a Malaysia Airlines jet over eastern Ukraine, with 298 people on boa
Read moreLondon close: Insurers lead FTSE to negative finish
9th Jul 2014 16:59
- FTSE 100 closes down 20.41 at 6,718.04 - Admiral and Aviva lead downside - Attentions turn to tonight's Fed minutes techMARK 2,782.15 -0.43% FTSE 100 6,718.04 -0.30% FTSE 250 15,549.63 -0.66% It was a weak finish for the top tier index, which dropped below the 6,700 level in the first hour of tr
Read moreLand Secs' Bluewater deal to lift shopping centre valuations, says Deutsche Bank
26th Jun 2014 12:01
Deutsche Bank said that Land Securities' £656m purchase of a 30% stake in shopping centre Bluewater will likely lift valuations of shopping centres across the UK. Land Securities said that overall net initial yield after the expiry of rent-free periods is 4.1%. However, Deutsche Bank estimated th
Read moreFTSE 100 movers: Land Securities provides lift to property groups
25th Jun 2014 15:50
Bid target Shire was propelled higher after it received a boost from the US courts, which blocked competitors from selling generic versions of its Vyvanse branded drug for attention-deficit hyperactivity disorder (ADHD). Land Securities's decision to take a 30% stake in shopping centre Bluewater
Read moreLondon midday: Iraq concerns push stocks lower ahead of US data
25th Jun 2014 11:30
- FTSE 100 on track to close at two-month low - Iraq situation worsens, Ukraine still in focus - Bunzl disappoints with trading update - Oil stocks fall, real estate gains techMARK 2,794.32 -0.53% FTSE 100 6,744.97 -0.62% FTSE 250 15,458.96 -0.57% UK stocks were firmly in the red on Wednesday as o
Read moreTuesday broker round-up UPDATE
17th Jun 2014 09:45
Aquarius Platinum: UBS cuts target price from 41p to 24p and keeps a neutral rating. BAE Systems: Berenberg initiates with a target price of 455p and a hold recommendation. British Land: Deutsche Bank ups target price from 520p to 580p, but still recommends selling. Capital & Counties: Deutsche B
Read moreMonday broker round-up UPDATE
2nd Jun 2014 10:24
Anglo Pacific: FinnCap places both its target price (prev.: 216p) and its hold recommendation under review. Associated British Foods: Berenberg increases target price from 2600p to 3060p, while maintaining its hold recommendation. Barr (AG): Numis moves target price from 612p to 624p retaining a h
Read moreNew Serco CEO Soames marks arrival with large share purchase
6th May 2014 15:51
Rupert Soames, who last week took up the role of Chief Executive Officer at embattled Serco Group, has given a show of faith in his own leadership - and taken advantage of the latest dip in its share price - with the purchase of 242,000 shares at 354.30p a share. The £857,406 deal gives a show of f
Read moreLondon close: FTSE ends above 6,700 after strong US tech performance
24th Apr 2014 16:59
- FTSE ends 28.26 points higher at 6,703 - Easter retail sales rise - Ukraine kills militants, EU ponders Crimea sanctions techMARK 2,759.85 +0.65% FTSE 100 6,703.00 +0.42% FTSE 250 15,991.77 +0.01% The FTSE 100 closed above the key psychological barrier of 6,700, lifted by better-than-expected r
Read moreFTSE 100 movers: AstraZeneca leads after revenue beats expectations
24th Apr 2014 14:33
AstraZeneca rose on the back of better-than-expected revenue growth of three per cent in the first quarter, driven by the pharmaceutical company's diabetes franchise. Shares were up despite earnings falling more than expected. AstraZeneca's share price surged earlier this week on speculation it coul
Read moreBroker tips: AstraZeneca, Barclays, BSkyB, Hammerson
24th Apr 2014 13:09
Panmure Gordon has kept a 'hold' recommendation for AstraZeneca after a mixed first quarter from the pharmaceutical group, but said there were some 'bright lights' in the results such as its heartburn treatment Nexium. Analyst Savvas Neophytou said that Astra's portfolio performed well overall, "wi
Read moreHSBC downgrades Hammerson after recent run
24th Apr 2014 12:52
Despite reporting an decent first-quarter statement, retail-focused property group Hammerson received a ratings downgrade by HSBC on Thursday from 'overweight' to 'neutral' on the back of the stock's recent strong run. "HMSO continues to deliver evidence of positive returns on invested capital and
Read moreThursday broker round-up UPDATE
24th Apr 2014 09:19
AMEC: UBS ups target price from 1145p to 1200p maintaining a neutral rating. ARM Holdings: HSBC raises target price from 1080p to 1120p and keeps an overweight rating. Associated British Foods: HSBC increases target price from 280p to 310p and upgrades from neutral to overweight. Deutsche Bank rai
Read moreLondon midday: Stocks inch lower on mixed data and earnings
23rd Apr 2014 11:37
- AB Foods jumps, ARM and Sports Direct fall - UK borrowing falls more than expected - Chinese manufacturing still in contraction - Eurozone business activity improves techMARK 2,740.84 +0.09% FTSE 100 6,670.05 -0.18% FTSE 250 15,991.94 -0.56% UK stocks pulled back from a three-week high on Wednes
Read moreLondon open: Stocks edge higher, AB Foods jumps on Primark expansion
23rd Apr 2014 08:40
- AB Foods jumps on Primark expansion plans - Stocks rise, but upside limited - BoE minutes, economic data ahead - Chinese manufacturing PMI contracts again techMARK 2,749.64 +0.41% FTSE 100 6,688.65 +0.10% FTSE 250 16,067.20 -0.09% UK stocks edged higher on Wednesday morning with Primark owner As
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