London midday: Stocks flat with central banks in focus
18th Jul 2012 11:48
- BoE could consider rate cut in future - UK unemployment falls - Bernanke comments will be closely watched The morning's gains were pared by Wednesday lunchtime as investors digested the minutes of the latest UK policy-makers' meeting and prepared for another testimony from Federal Reserve Chairm
Read moreWednesday broker round-up
18th Jul 2012 09:21
Ashmore: Goldman Sachs upgrades to buy. Ashtead: Jefferies reiterates buy rating and 320p target. Booker: Investec maintains buy rating and 98p target. British Land: BarCap downgrades to equal weight. Capital Shopping Centres: BarCap upgrades to overweight. Chariot Oil & Gas: Merchant Securitie
Read moreLondon open: Stocks edge higher ahead of BoE minutes
18th Jul 2012 08:37
- MPC minutes due out shortly - Markets still digesting Bernanke comments - Fresnillo, Ashmore, Schroders lead the risers on the Footsie The FTSE 100 edged higher on Wednesday morning ahead of the Bank of England minutes due out shortly. Meanwhile, a well-received earnings report from Swiss banking
Read moreMonday broker round-up
25th Jun 2012 08:56
African Barrick Gold: Nomura cuts target from 685p to 670p, buy rating unchanged. Aquarius Platinum: UBS cuts target from 110p to 55p, neutral rating kept. Avocet Mining: Nomura downgrades from buy to neutral, cuts target from 310p to 220p. Bovis Homes: UBS upgrades from sell to neutral, 465p tar
Read moreHikma boss makes a fair few pennies from share sale
21st Jun 2012 16:24
Said Darwazah, the Chief Executive Officer of Hikma Pharmaceuticals, the FTSE 250 multinational pharmaceutical group, has pocketed over one million pounds through the sale of company shares last week. Darwazah sold 195,447 shares at 649p each on June 15th for a total of £1,268,451, the company reve
Read moreThursday broker round-up
21st Jun 2012 09:13
ARM Holdings: Investec maintains buy rating and 800p target. Ashtead: Jefferies ups target from 300p to 320p, buy rating retained. Bellway: Goldman Sachs downgrades to neutral. British Land: Societe Generale downgrades to sell. CRH: HSBC upgrades to overweight. Dignity: Goldman Sachs downgrades
Read moreWednesday tips round-up: Mulberry, Hammerson, Imagination Technologies
20th Jun 2012 07:06
Mulberry is a major turn off for Questor in the Telegraph. The firm has done extremely well in the recession, buoyed by demand from China, but even after recent falls it trades at an eye-watering 27.7 times earnings. This is too much in the fickle world of fashion says Questor. Avoid. Hammerson, th
Read moreLondon close: Stocks jump ahead of FOMC meeting
19th Jun 2012 16:44
- Markets look to FOMC with optimism - G20 meeting still ongoing, leaders pledge support - Whitbread, Home Retail lead risers in London Central bank stimulus speculation was doing the rounds today ahead of a key policy meeting in the US, fuelling a strong rise for the Footsie - the index finished a
Read moreLondon midday: Stimulus hopes drive gains
19th Jun 2012 11:28
- G20 to take 'all necessary policy measures' - UK, US stimulus hopes boost markets - Whitbread, Home Retail rise strongly UK stocks were trading near their highest levels of the day by lunchtime on hopes that the world's leaders can pull together to battle the global financial crisis. According t
Read moreLondon open: Whitbread, Home Retail provide a boost early on
19th Jun 2012 08:30
- Leaders to take 'all necessary policy measures' - Whitbread provides a lift on the Footsie after strong Q1 - Greece, Spain and FOMC in focus The FTSE 100 index advanced in early trading on Tuesday morning after euro members pledged to 'safeguard' the region. According to a leaked draft communiqu
Read moreLondon pre-open: Small rise expected in early trading
19th Jun 2012 07:28
City sources predict the FTSE 100 will open up 14 points from yesterday's close of 5,491, with investors keeping a close watch on the situation in Spain as the country auctions off its debt later in the morning. The yield on Spanish 10-year bonds has climbed above the key marker of 7.0%, the level w
Read moreHammerson sells London offices
19th Jun 2012 07:04
Property firm Hammerson is set to off-load most of its London office space as it pushes forward with plans to focus solely on retail space. The company has exchanged contracts on the majority of its office portfolio with Brookfield Office Properties for £518m. The six assets on the block represent
Read moreSector movers: Miners gain on Chinese stimulus hopes
22nd May 2012 16:01
Real estate investment trust (REIT) peers Land Securities and Hammerson dragging the REIT sector lower on Tuesday as investors built positions in 'riskier' assets, like mining stocks. Miners were among the stocks that bore the brunt of the Eurozone-fuelled sell-off last week, causing shares to rebo
Read moreFTSE 100 movers: Miners wanted as risk appetite increases
22nd May 2012 15:48
There were just a handful of stocks registering losses on Tuesday afternoon, mainly the defensives, as investors shifted back into 'riskier' assets following a week of heavy losses. Real estate investment trust (REIT) peers Land Securities and Hammerson were among the worst performers, joined by su
Read moreLondon close: US sentiment data sparks late rally
11th May 2012 16:36
- US consumer sentiment at post-recession high - Banks weighed down by JP Morgan surprise trading loss - Miners pressured lower by Chinese data After a weak start, the FTSE 100 surged in afternoon trade on the back of some upbeat consumer sentiment data Stateside which helped to offset gloomy econo
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