Sector movers: Ebola fears hammer travel stocks, but grocers and miners rise
7th Oct 2014 14:19
Fears about the fallout from a potential Ebola outbreak hammered stocks in the travel and leisure sectors on Tuesday with UK-listed airlines and tour operators dropped sharply. In contrast, supermarket and mining stocks were bucking the trend with the two sectors, which have both bore the brunt of t
Read moreLondon midday: UK stocks retreat on rate-hike uncertainty
20th Aug 2014 12:00
- MPC split on rate decision for first time since 2011 - FOMC minutes due out after the close - Ex-dividend stocks, Balfour Beatty weigh on market - Beverage shares hit by Carlsberg results techMARK 2,798.96 -0.07% FTSE 100 6,752.88 -0.39% FTSE 250 15,794.83 -0.63% UK equities retreated from a thr
Read moreLondon open: Stocks snap five-day win streak ahead of central bank minutes
20th Aug 2014 09:00
- MPC, FOMC minutes in focus - FTSE 100 pulls back from three-week high - Balfour drops after rejecting Carillion bid - Glencore announces $1bn buyback techMARK 2,802.00 +0.04% FTSE 100 6,769.90 -0.14% FTSE 250 15,859.07 -0.23% UK stocks snapped a five-day winning streak on Wednesday ahead of the
Read moreFriday broker round-up UPDATE
8th Aug 2014 10:19
African Minerals: Canaccord Genuity cuts target price from 170p to 150p, while keeping its buy recommendation. AMEC: Credit Suisse reduces target price from 1250p to 1150p retaining a neutral rating. Nomura reduces target price from 1450p to 1250p staying with its buy recommendation. UBS cuts targe
Read moreThursday broker round-up UPDATE
7th Aug 2014 09:42
Afren: Oriel cuts target price from 145p to 125p, while upgrading from hold to buy. Canaccord Genuity moves from hold to a speculative buy with a target price of 120p. Aggreko: Morgan Stanley raises target price from 1300p to 1350p, while leaving its underweight rating unaltered. Clinigen: N+1 Sin
Read moreIHG receives offer for Paris hotel
7th Aug 2014 08:25
Intercontinental Hotels Group (IHG) confirmed on Thursday it received an offer from Constellation Hotels to buy Intercontinental Paris - Le Grand for €330m in cash. Under the offer, IHG would retain a 30-year management contract on the hotel, with three 10-year extension rights at IHG's discretion.
Read moreFTSE 100 movers: Meggitt disappoints with falling profits, airlines drop
5th Aug 2014 14:50
Shares in Meggitt dropped sharply after it said profits dropped in the first half, reflecting the impact of currency headwinds and disposals on revenue. Underlying pre-tax profit sank 21% to £143.8m, well below analysts' forecasts. Airline peers IAG and Easyjet were reeling in afternoon trade on ru
Read moreLondon midday: UK stocks bounce despite mixed earnings
5th Aug 2014 11:57
- Aggreko, Standard Life, Old Mutual rise after results - Meggitt, IHG and Fresnillo disappoint - UK services PMI, Eurozone retail sales beat forecasts - Chinese services PMI drops to key 50-point mark techMARK 2,734.64 -0.25% FTSE 100 6,702.33 +0.37% FTSE 250 15,370.24 +0.05% UK stocks advanced o
Read moreTuesday broker round-up UPDATE
5th Aug 2014 11:02
Acal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
Read moreLondon open: Stocks snap four-day losing streak despite weak Chinese data
5th Aug 2014 09:07
- Aggreko, Standard Life and Old Mutual impress with results - Meggitt, IHG and Fresnillo disappoint - Chinese services sector stagnates techMARK 2,742.52 +0.04% FTSE 100 6,708.32 +0.46% FTSE 250 15,415.40 +0.34% Strong gains from Aggreko, Standard Life and Old Mutual helped the FTSE 100 higher on
Read moreIHG sees 4% increase in revenues, encouraged by trading
5th Aug 2014 09:04
Intercontinental Hotels Group saw revenues decrease by 3% to reach $908m (£538.33m), while operating profits declined 8% to $310m (£183.8m) as a result of the disposal of two hotels. The company, where activist investor Marcato Capital Management is looking to push for a strategic review to enhan
Read moreLondon pre-open: Gains expected, but Chinese services data weak
5th Aug 2014 07:48
UK stocks are expected to register small gains on Tuesday morning following four consecutive declines, though upside is likely to be limited following a deterioration in Chinese economic data overnight. City sources predict the FTSE 100 will open around 11 points higher than Monday's close of 6,677
Read moreTuesday preview: Aggreko and Intercontinental Hotels
4th Aug 2014 15:38
A hectic earnings session on Tuesday is in store for markets with a batch of results from companies including Aggreko and InterContinental Hotels. Half-year results from temporary power firm Aggreko are expected to reflect the impact of foreign exchange headwinds. Most of Aggreko's power supply
Read moreFriday broker round-up UPDATE
25th Jul 2014 09:29
African Barrick Gold: Investec places both its target price (prev.: 212p) and its sell recommendation under review. Westhouse Securities ups target price from 250p to 285p upgrading from neutral to add. Barclays: Deutsche Bank cuts target price from 300p to 275p staying with its buy recommendation.
Read moreBroker tips: Shire, IHG, Domino Printing
24th Jun 2014 13:03
UBS has hiked its target price for Shire after the recent £27bn offer from AbbVie but kept a 'neutral' rating on the Irish pharmaceutical group, saying that potential M&A upside is offset by downside risk. The bank said it sees "high uncertainty" regarding the future of the company and recommended
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