FTSE 250 movers: N Brown lifted by broker recommendation
10th Jan 2014 15:40
Home shopping firm N Brown jumped after Oriel Securities reiterated its 'buy' rating on the stock. Similarly, Enterprise Inns also climbed after Deutsche Bank reaffirmed its 'buy' recommendation for the pub group. Home repairs company HomeServe climbed after UBS upgraded it to a 'buy' with a 320p
Read moreHomeServe grows revenues despite UK declines
19th Nov 2013 09:28
- UK revenues fall as expected - International growth compensating - PBT flat year-on-year Despite reduced UK revenues after the mis-selling scandal, HomeServe lifted group sales and maintained flat profits in the first half of the year. UK revenues fell 5.4% to £127.2m, as expected, but internati
Read moreFTSE 250 movers: Bovis Homes drives housebuilders higher
8th Nov 2013 15:25
Bovis Homes drove housebuilders higher on Friday after it underlined the healthy state of Britain's housing market by revealing that its forward order book was in its "best position for many years". It said government measures such as the Help to Buy scheme had contributed to an already more confide
Read moreTuesday tips round-up: Homeserve, San Leon Energy, Mitchells and Butlers
1st Oct 2013 07:25
Boiler repair company Homeserve´s share price is looking decidedly shaky heading into a critical six-month time span during which customers will decide whether to renew their contracts or not. That comes amid a Financial Conduct Authority (FCA) investigation into its marketing practices which saw al
Read moreLondon pre-open: FTSE to dive as US leaders reach stalemate over budget
30th Sep 2013 07:29
City sources predict the FTSE 100 will open around 70 points lower than Friday's close of 6,512.66, after US leaders hit a stalemate over budget negotiations in Washington. Politicians have so far failed to agree a new spending bill and have only until midnight tonight to make a decision over an e
Read moreHomeServe reports stable UK and overseas growth
30th Sep 2013 07:10
Emergency domestic repairs group HomeServe said its outlook for the full year remains unchanged, helped by growth at its International business and as its UK business stabilises. The group, which insures customers against burst pipes and broken boilers, said earnings in the first half of the full y
Read moreLondon close: Stocks end slightly lower
26th Jul 2013 18:14
The Footsie ended the day slightly in the red following a weak start on Wall Street and with a similar pattern to yesterday´s emerging, with equities in core European countries such as the UK and Germany on the back foot while periphery equities tended to outperform. The top flight index finish
Read moreHomeserve builds on domestic stability with growth abroad
26th Jul 2013 08:40
Emergency domestic repairs group Homeserve said it has improved its customer retention rates in the UK and grown customer numbers overseas in the first four months of the year. The FTSE 250 company, which stressed that trading is weighted towards the second half of the year, said it had increased i
Read moreLondon midday: Stocks hit by political uncertainty, economic data
3rd Jul 2013 11:26
Political uncertainty in Europe, disappointing economic figures from China and nervousness ahead of some key 'risk events' later this week prompted a sell-off on the FTSE 100 on Wednesday morning. Resignations of both the Portuguese Finance Minister and Foreign Minister over the last few days have
Read moreLondon open: Risk appetite sinks ahead of key economic data
3rd Jul 2013 08:25
The FTSE 100 dropped sharply in early trading on Wednesday as economic data from China continues to disappoint, while nerves were setting in ahead of some key risk events later on in the week. Activity in China's services sector remained sluggish in June with the official non-manufacturing purchasi
Read moreFriday broker round-up UPDATE
28th Jun 2013 08:32
BAE Systems: Deutsche Bank increases target price from 375p to 400p, while downgrading to hold. Barclays: Bank of America moves target price from 430p to 410p, while its buy recommendation remains unaltered. Booker Group: Investec shifts target price from 140p to 141p and keeps its buy recommendat
Read moreFTSE 250 movers: HomeServe jumps on M&A speculation
6th Jun 2013 15:37
Hopes of potential private-equity bids for home emergency and repairs group HomeServe pushed the stock firmly higher on Thursday, following comments from Liberum Capital. The broker said that the full-year results two weeks ago re-assured the market that the "company's new model can deliver stabili
Read moreLondon midday: Markets rangebound with focus on central banks
6th Jun 2013 11:39
Markets were rangebound on Thursday morning as traders awaited announcements from the Bank of England (BoE) and European Central Bank (ECB) on monetary policy. There were just 16 points separating the index's intraday low (6,416) and high (6,432), as markets paused for breath following a heavy sell
Read moreWednesday broker round-up UPDATE
22nd May 2013 09:37
Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation. Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation. Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.
Read moreLondon close: Stocks surge as earnings impress, inflation eases
21st May 2013 16:46
Well-received results from a number of FTSE 100 heavyweights and a sharp drop in consumer-price inflation in the UK lifted London's benchmark index to fresh multiyear highs on Tuesday. The Footsie finished at a closing price of 6,803.87 (up 0.7% on the day), trading at levels not seen in over a dec
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