Monday broker round-up UPDATE
24th Feb 2014 08:15
Associated British Foods: Numis downgrades from reduce to sell with a target price of 2240p. Panmure Gordon raises target price from 2500p to 2760p and maintains a hold recommendation. Jefferies increases target price from 2450p to 2600p and keeps a hold recommendation. Aviva: JP Morgan shifts targ
Read moreSunday newspaper round-up: RSA, RBS, BSkyB
23rd Feb 2014 14:15
Stephen Hester, the new Chief Executive of RSA Insurance, is preparing an 800m pounds rights issue to strengthen the company's balance sheet, the Sunday Times said. Hester, who joined RSA three weeks ago, is expected to announce the capital raising with annual results on February 27th. The fundraisi
Read moreHSBC welcomes former SEC Commissioner to its board
21st Feb 2014 13:03
The former Commissioner of the US Securities & Exchange Commission (SEC) has agreed to join the board of HSBC as a Non-Executive Director. Kathleen Casey, who occupied the top seat at the regulator between 2006 and 2011, will become a member of the audit committee and the Financial System Vulnerab
Read moreBroker tips: HSBC, Glencore Xstrata, M&S, Anglo American
19th Feb 2014 12:13
Deutsche Bank has reiterated its 'hold' recommendation for banking giant HSBC ahead of its annual results next Monday, saying that these figures are 'much more important than usual'. The target price for the stock has been reduced slightly from 710p to 700p to reflect recent changes in the dollar-st
Read moreHSBC a 'hold' ahead of annual results, says Deutsche Bank
19th Feb 2014 10:50
Deutsche Bank has reiterated its 'hold' recommendation for banking giant HSBC ahead of its annual results next Monday, saying that these figures are 'much more important than usual'. "We think this release takes on additional importance given the significant leg-down seen in HSBC's price-to-earning
Read moreWednesday broker round-up UPDATE
19th Feb 2014 08:33
Anite: Panmure Gordon lowers target price from 146p to 139p, while leaving its buy recommendation unaltered. Bank of Georgia: Canaccord Genuity increases target price from 2100p to 2400p, while leaving its hold recommendation unchanged. BHP Billiton: Investec raises target price from 1926p to 1985
Read moreUK stocks edge lower as investors await Eurozone GDP
14th Feb 2014 09:05
- Eurozone GDP figures ahead - Italian politics in focus as PM resigns - Miners rise strongly, banks and retailers fall techMARK 2,822.53 -0.05% FTSE 100 6,650.83 -0.13% FTSE 250 16,045.41 +0.10% UK stocks opened slightly lower on Friday morning with strong gains from mining stocks outweighed by w
Read moreBarclays and Santander face risk from "Fragile 8" - Fitch
11th Feb 2014 15:06
Several European banks including Britain's Barclays and Spain's Santander may be at risk from problems in more vulnerable emerging markets dubbed the "Fragile 8", rating agency Fitch claims. Fitch said Barclays, Santander, BBVA, Standard Chartered and Unicredit all have material exposure to one or
Read moreLondon close: Stocks gain after quiet session, Barclays rises
10th Feb 2014 16:31
- Stocks at highest level since January 24th - Markets awaiting Yellen, Draghi and Carney - Precious metal producers jump, Barclays gains ahead of FY results tomorrow - Energy companies come under criticism from MPs techMARK 2,806.76 +0.59% FTSE 100 6,591.55 +0.30% FTSE 250 15,910.72 +0.29% The UK
Read moreFTSE 100 movers: Miners gain, Barclays leads banks higher
10th Feb 2014 12:43
Mining stocks were among the best performers on the FTSE 100 on Monday with precious metal producers Fresnillo and Randgold rising strongly as gold and silver prices advanced. Barclays was making gains despite claims that confidential details of clients had been stolen and sold. Investors were also
Read moreLondon midday: Barclays gains, Centrica falls as markets hold steady
10th Feb 2014 11:37
- Markets pause at two-week high - Central bankers in focus ahead of speeches - Barclays gains despite data leak, profit guidance - Energy Secretary concerns with energy profit margins techMARK 2,792.81 +0.09% FTSE 100 6,567.75 -0.06% FTSE 250 15,877.62 +0.08% UK markets more or less unchanged by
Read moreMonday broker round-up UPDATE
10th Feb 2014 08:13
Admiral Group: Goldman Sachs downgrades from buy to neutral with a target price of 1440p. APR Energy: Jefferies lowers target price from 1260p to 1250p keeping a buy recommendation. Dialight: N+1 Singer reduces target price from 1227p to 1022p, while leaving its buy recommendation unchanged. Ferr
Read moreAbrupt rise in Footsie following spike in shares of HSBC
30th Jan 2014 12:00
An almost 10 per cent spike in shares of HSBC was responsible for the abrupt move higher in the Footsie this morning. That led to a trading halt being imposed on the stock. Market commentary is attributing the move to a so-called "fat finger". -- More to follow -- AB
Read moreLondon midday: Stocks hold on to losses as investors weigh Fed, data
30th Jan 2014 11:20
- FTSE 100 at lowest since December 18th - Fed continues to taper, cuts bond purchases by 10bn dollars - Chinese PMI confirms manufacturing contraction - Updates from blue chips come in mixed techMARK 2,760.98 -0.25% FTSE 100 6,524.90 -0.30% FTSE 250 15,650.01 -0.24% The Federal Reserve's decision
Read moreMonday newspaper round-up: ECB, Vodafone, Rolls Royce
27th Jan 2014 06:35
Mario Draghi has signalled that he would be prepared for the European Central Bank to fight deflation in Europe by buying packages of bank loans to households and companies. Such a move would mark a sharp departure from traditional quantitative easing and provide a potential fix to the collapse in b
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