FTSE 100 movers: Prudential lifts H1 profits
12th Aug 2013 15:00
Higher income from the US and growth in Asia boosted first half operating profits at insurer Prudential by 22 per cent to 1.415bn pounds. The shares surged to the highest level since at least 1988 as the group raised its interim dividend 16 per cent to 9.73p per share. Silver miner Fresnillo and Ra
Read moreFriday broker round-up UPDATE
9th Aug 2013 07:29
Aquarius Platinum: Deutsche Bank lowers target price from 63p to 60p keeping a buy recommendation. Ashmore Group: HSBC ups target price from 400p to 435p, while keeping overweight rating. ASOS: UBS raises target price from 4600p to 6000p staying with its buy recommendation. Aviva: Bank of America
Read moreTuesday broker round-up UPDATE
6th Aug 2013 07:13
Alent: Credit Suisse lowers target price from 430p to 420p keeping an outperform rating. UBS ups target price from 350p to 365p and maintains a neutral rating. Anglo American: Jefferies cuts target price from 1700p to 1650p and maintains a hold recommendation. Aquarius Platinum: RBC Capital shifts
Read moreMonday broker round-up UPDATE
5th Aug 2013 07:06
Anglo American: Citi increases target price from 1400p to 1500p reiterating a neutral rating. Atkins: Jefferies raises target price from 950p to 1075p and retains a hold recommendation. Capita: Berenberg takes target price from 955p to 1060p, while downgrading from buy to hold. Cineworld Group: N
Read moreLondon close: Disappointing US jobs report sparks late sell-off
2nd Aug 2013 16:27
After a relatively quiet start to the trading session, markets sunk sharply into the red on Friday afternoon after the US economy added far fewer jobs than forecast in July. Non-farm payrolls increased by just 162,000 last month, lower than the downwardly revised 188,000 increase in June and much w
Read moreFTSE 100 movers: William Hill and RBS disappoint with H1 figures
2nd Aug 2013 15:04
Shares in William Hill sank sharply on Friday morning as investors gave a cool reaction to the High Street bookie's first-half results, in which pre-tax profits came in flat year-on-year. The firm also didn't give an update on current trading, though analysts at Canaccord Genuity said that July will
Read moreLondon midday: Markets flat as nerves set in ahead of US jobs report
2nd Aug 2013 11:55
Markets were rangebound on Friday morning as investors scaled back risk appetite ahead of the all-important US jobs report due out this afternoon. Even a impressive reading of construction activity in the UK failed to give stocks a boost this morning; the UK construction purchasing managers' index
Read moreLondon open: Stocks flat as markets await US jobs, RBS sinks early on
2nd Aug 2013 08:24
Stocks opened tentatively on Friday morning with markets taking a pause as investors waited to see whether the ongoing improvement in US economic data would continue with the all-important employment report due out this afternoon. The momentum in the US economic recovery gathered pace this week wi
Read moreIAG reverses Iberia trend as Q2 profits soar - UPDATE
2nd Aug 2013 07:51
A high-flying second quarter from British Airways couldn't help parent company International Consolidated Airlines reporting a doubling of first half losses. The FTSE 100 group, known as IAG, made a second quarter operating profit of €245m but costs of restructuring of the group's other main oper
Read moreLondon close: Gains erased after US data misses forecasts
23rd Jul 2013 16:28
Worse-than-expected economic data from the US saw markets across Europe erase their earlier gains on Tuesday, as the FTSE 100 fell into the red despite a strong performance in the mining sector.. Home prices in the States continued to increase in May but at a worse-than-expected rate: the Federal H
Read moreFTSE 100 movers: Miners jump; Tullow sinks after well update
23rd Jul 2013 14:44
Mining stocks were among the best performing stocks on Tuesday as concerns over a 'hard landing' in China were eased by comments from the Premier and his second in command. Chinese Premier Li Keqiang is reported to have stood by the government target for economic growth of 7.5% in 2013 and assured
Read moreLondon midday: FTSE 100 lifted by Sage, mining stocks
23rd Jul 2013 11:38
A well-received trading update from Sage Group and strong gains in the mining sector lifted the FTSE 100 into positive territory on Tuesday morning, with sentiment lifted by reassuring comments about Chinese economic growth. Chinese Premier Li Keqiang is reported to have stood by the government ta
Read moreLondon open: Miners jump on hopes over Chinese growth
23rd Jul 2013 08:17
Fading hopes of a 'hard landing' in China lifted stocks in the heavyweight mining sector on Tuesday, meaning that the FTSE 100 opened with solid gains early on. Chinese Premier Li Keqiang assured that economic growth would not fall below the bottom line this year of 7.0%. He called for the governme
Read moreLondon midday: Stocks higher after UK retail sales, Bernanke
18th Jul 2013 11:35
An improvement in UK retail sales and comments from Ben Bernanke were lifting markets higher on Thursday morning, with London Stock Exchange leading the risers on the FTSE 100 after a strong first-quarter update. UK retail sales increased in June as shoppers snapped up discounted goods in departmen
Read moreFriday newspaper round-up: British Airways, Rolls Royce, TM Lewin
5th Jul 2013 06:46
British Airways boss Keith Williams said the airline would resist higher passenger charges at Heathrow airport to fund construction of a third runway, The Times reported. Heathrow wants top construct a third runway but a dispute between the airport and airlines over how much they should charge passe
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