London 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
Read moreHammerson benefits from improving UK economy in Q1
23rd Apr 2014 07:10
- Footfall, sales at UK shopping centres improve - Leases signed above ERV - Occupancy remains high Retail-focused property group Hammerson gave a confident outlook on Wednesday, saying that an improving UK recovery filtered through to demand in the first quarter. The company, which owns the Brent
Read moreLondon close: Stocks hit by Ukraine concerns, G4S sinks
12th Mar 2014 17:00
- FTSE closes down 64.62 points at 6,620.90 - Banks, G4S drag, copper price boosts miners - Minimum wage increased by 19p techMARK 2,817.28 -1.20% FTSE 100 6,620.90 -0.97% FTSE 250 16,326.70 -0.94% The City ended on a downbeat note today, as banks and G4S dragged, multiple big names went ex-divide
Read moreLondon midday: Stocks near one-month low on China, Ukraine fears
12th Mar 2014 12:00
- Chinese concerns hammer copper prices - Ex-div stocks falls - Prudential gains, G4S slumps - Poundland, Pets at Home in focus techMARK 2,825.81 -0.90% FTSE 100 6,629.89 -0.83% FTSE 250 16,372.49 -0.66% Fears surrounding a slowdown in China and ongoing concerns about Ukraine weighed heavily on st
Read moreTuesday broker round-up UPDATE
18th Feb 2014 07:46
Aeorema Communications: Cantor Fitzgerald initiates with a target price of 90p and a buy recommendation. Aquarius Platinum: Investec shifts target price from 36p to 41p upgrading from sell to hold. Barclays: Jefferies shaves target price from 364p to 360p and keeps a buy recommendation. Brammer:
Read moreUK stocks end on a high after quiet session
17th Feb 2014 16:23
- FTSE closes up 72 points at 6,736 - Hammerson and RSA lead risers - UK inflation due out tomorrow - House prices up 3.3 per cent in February techMARK 2,857.31 +0.90% FTSE 100 6,736.00 +1.09% FTSE 250 16,244.71 +0.83% Stocks ended the day with strong gains, driven by both Hammerson and RSA Insur
Read moreFTSE 100 movers: Hammerson leads the risers on strong results
17th Feb 2014 14:59
Hammerson is in the top spot today, after it this morning reported a rise in annual profits, driven by strong demand for retail property. The property group posted pre-tax profit for the year ended December 31st 2013 of £341.2m, up from £142.2m the previous year, as like-for-like net rental income
Read moreHammerson announces new chairs of audit and remuneration committees
17th Feb 2014 14:25
European property firm Hammerson announced it would undertake several changes within the ranks of its senior management. As previously announced, John Hirst - who had worked for the company since 2004 - would stand down as Non-Executive Director and as Chairman of the audit committee. In his plac
Read moreFTSE jumps on global events
17th Feb 2014 11:59
- Chinese lending, Italy drive FTSE higher - Japanese GDP disappoints - UK house prices accelerate - Hammerson and RSA lead risers techMARK 2,850.83 +0.67% FTSE 100 6,729.06 +0.98% FTSE 250 16,193.48 +0.51% The FTSE rose strongly this morning, driven by Chinese lending data, political events in It
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