BA-owner IAG third quarter profits take off - UPDATE
8th Nov 2013 07:03
- Q3 profits soar - BA and Iberia profits sharply higher - Sees FY operating profit of 740m euro International Consolidated Airlines Group (IAG) reported forecast-busting third quarter profits after British Airways' performance took off, helped by the bounce back from the Olympics effect last year.
Read moreIAG announces changes to board organisation
7th Nov 2013 10:33
International Consolidated Airlines Group (IAG) has announced several board changes, which will become effective at the start of 2014. Both Antonio Vázquez and Sir Martin Broughton will resign as Non-Executive Chairmen of Iberia and British Airways, but will continue to focus on their roles as Cha
Read moreLondon close: FTSE 100 ends flat as investors turn cautious
6th Nov 2013 16:46
- Investors cautious ahead of busy end to the week - UK industrial production beats forecasts - Experian drops after acquisition, H1 report - Moneysupermarket rockets on bullish outlook techMARK 2,653.56 +0.23% FTSE 100 6,741.69 -0.08% FTSE 250 15,403.83 +0.24% UK markets ended broadly flat on Wed
Read moreFTSE 100 movers: Associated British Foods boosted by UBS
6th Nov 2013 14:37
Associated British Foods was the top performer on Wednesday in the aftermath of its full-year results, with UBS providing a lift after upping its target price for the stock from 2,030p to 2,430p. The bank reiterated its 'buy' rating for the shares. Annual figures from the company were in line with
Read moreLondon midday: Stocks edge higher as UK industrial output improves
6th Nov 2013 11:24
- Investors cautious ahead of busy end to the week - UK industrial production beats forecasts - Experian drops after acquisition, H1 report - Moneysupermarket rockets on bullish outlook techMARK 2,653.06 +0.21% FTSE 100 6,751.32 +0.07% FTSE 250 15,421.84 +0.35% Stocks were registering small gains
Read moreLondon open: Upside limited as markets await 'risk events'
6th Nov 2013 08:43
- Investors cautious ahead of busy end to the week - Barrage of economic data on tap for Wednesday - Experian drops after acquisition, H1 report techMARK 2,655.82 +0.32% FTSE 100 6,749.23 +0.04% FTSE 250 15,427.39 +0.39% UK markets edged higher on Wednesday morning though the upside was limited as
Read moreLondon close: Markets higher on positive economic data
4th Nov 2013 16:28
- Miners gain after China data - HSBC beats forecasts with Q3 results - Weir, Ryanair issue profit warnings - ECB rate-cut speculation does the rounds techMARK 2,651.30 -0.24% FTSE 100 6,763.62 +0.43% FTSE 250 15,503.06 +0.31% Upbeat economic data from across the globe lifted the UK stock market o
Read moreLondon midday: HSBC, miners lift markets higher
4th Nov 2013 12:00
- HSBC beats forecasts with Q3 results - Weir, Ryanair issue profit warnings - Economic data, ECB rate-cut speculation drive markets techMARK 2,661.91 +0.16% FTSE 100 6,767.20 +0.48% FTSE 250 15,519.66 +0.41% UK markets were performing well on Monday morning, owing to speculation over a possible E
Read moreLondon open: Markets gain after HSBC results, China data
4th Nov 2013 09:05
- HSBC impresses with Q3 profits - China services PMI paints improved outlook - Weir, Ryanair surprise with profit warnings techMARK 2,665.03 +0.28% FTSE 100 6,768.87 +0.51% FTSE 250 15,522.69 +0.43% UK markets started the new week on a positive note, helped by some well-received quarterly results
Read moreMonday broker round-up UPDATE
4th Nov 2013 08:07
Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold. Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p. APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling. Astra Zeneca: UBS reduce
Read moreLondon close: FTSE closes marginally higher as Fed reveals divide
1st Nov 2013 16:22
- FTSE inches higher by close - Barlcays suspends six FX traders - Fed officials reveal their divided opinions - PO staff call off Monday's strike at bigger branches techMARK 2,657.61 -0.17% FTSE 100 6,734.74 +0.05% FTSE 250 15,455.69 -0.16% The FTSE ultimately settled marginally higher after sma
Read moreFTSE 100 movers: Meggitt shares hammered after update
1st Nov 2013 15:17
Meggitt had a double dose of bad news for investors as it told them trading had been "slightly" below expectations and a supply hiccup could cost 20m pounds. The FTSE 100 aerospace and defence manufacturer warned it now expected 2013 revenue growth rates to be in the "low single digits". It had give
Read moreWednesday broker round-up UPDATE
23rd Oct 2013 09:28
Abcam: Numis downgrades to add with a target price of 570p. ARM Holdings: Deutsche Bank increases target price from 1080p to 1130p and maintains a buy recommendation. JP Morgan raises target price from 625p to 750p and leaves its neutral rating unaltered. Societe Generale ups target price from 640p
Read moreLondon close: Stocks jump to five-month high after US jobs miss
22nd Oct 2013 16:35
Stocks across Europe rose strongly on Tuesday afternoon with London's FTSE 100 rising to a five-month high following a worse-than-expected US jobs report which spurred hopes of a near-term continuation of quantitative easing (QE) by the Federal Reserve. "The full impact of the government shutdown i
Read moreFTSE 100 movers: Reckitt Benckiser rises on positive FY guidance
22nd Oct 2013 15:03
Household products group Reckitt Benckiser was a high riser after lifting its full-year revenue guidance slightly following a strong third quarter and a decent performance by recent acquisitions. The company said it now expects to grow net revenue excluding Reckitt Benckiser Pharmaceuticals (RBP)
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