London midday: Markets cautious ahead of Eurogroup meeting on Greece
20th Nov 2012 11:27
Following on from a 2.36 per cent surge yesterday, the FTSE 100 pulled back on Tuesday morning with concerns about the Eurozone being reignited ahead of an extraordinary Eurogroup meeting on Greece scheduled for this evening. Eurozone finance ministers are meeting today in Brussels to discuss wheth
Read moreTuesday broker round-up UPDATE
20th Nov 2012 07:17
Beowulf Mining: Seymour Pierce initiates coverage with a buy recommendation and a target price of 18p. Berkeley Group: JP Morgan raises target price from 1616p to 1620p, overweight rating kept. Blinkx: Citigroup downgrades from buy to neutral. Compass Group: Investec raises target price from 740p
Read moreLondon close: Stocks finish flat as Eurogroup meets
12th Nov 2012 17:00
- Eyes turn to Eurogroup meeting - Greece approves 2013 budget - Japanese GDP decline worse than feared Concerns about Greece and a worse-than-expected contraction in Japan meant that it was a rather subdued day on the UK stock market on Monday, with the FTSE 100 broadly unchanged by the close. "E
Read moreFTSE 100 movers: Polymetal rises on positive update
12th Nov 2012 14:59
Mining firm Polymetal International leapt into the top spot after announcing that it has extended the life-of-mine projections for its Khakanja and Omolon mines in Russia by two years after releasing the first set of ore reserves estimates for its Tsokol, Ozerny, Avlayakan, and Dalniy deposits. UB
Read moreLondon midday: Stocks rise but markets cautious ahead of Eurogroup
12th Nov 2012 11:36
- Greece approves 2013 budget - Japanese GDP worse than expected - Markets await Eurogroup meeting this afternoon UK stocks were continuing to trade slightly higher on Monday morning after Greece approved its 2013 budget late last night, however, gains were only modest as caution sets in ahead of
Read moreMonday broker round-up -UPDATE
12th Nov 2012 09:03
Afferro Mining Inc: Investec retains buy recommendation and target price at 107p. Antrim Energy Inc.: Westhouse Securities keeps buy recommendation and target price at 70p. ASOS: Investec ups target from 2,450p to 2,675p, buy rating kept. Aveva: Investec keeps buy rating and 2,200p target. Bovis
Read moreLondon open: Stocks rise as Greece approves budget
12th Nov 2012 08:30
- Greece approves 2013 budget - Japanese GDP worse than expected - Miners fall but Polymetal bucks the trend UK stocks were making gains on Monday morning, rebounding after a 1.7 per cent fall the previous week, as the markets' concerns about the Greek economy eased temporarily. Greece's parliamen
Read moreWednesday broker round-up
7th Nov 2012 08:59
3Leg Resources: Jefferies keeps buy rating and 100p target AB Foods: Barclays Capital ups target from 1,375p to 1,475p, overweigh rating kept; Nomura ups target from 1,380p to 1,500p, buy rating kept. Aberdeen: UBS ups target from 340p to 370p, buy rating kept. Babcock: Jefferies ups target from
Read moreTuesday broker round-up
6th Nov 2012 09:03
AB Foods: Jefferies keeps hold rating and 1,365p target; Panmure Gordon ups target from 1,300p to 1,450p, hold rating kept; Investec keeps hold rating and 1,300p target. Aviva: Panmure Gordon maintains buy rating and 425p target. Babcock: Jefferies keeps buy rating and 970p target; Seymour Pierce
Read moreLondon open: Stocks edge higher ahead of US elections
6th Nov 2012 08:32
Stock markets across Europe opened tentatively on Tuesday morning as the world gears up for the presidential elections across the Pond later today. While all eyes will likely be on the US today, investors had plenty to distract them this morning in London, with a barrage of trading updates and res
Read moreRevPAR revs up at InterContinental
6th Nov 2012 07:25
Holiday Inns and Crowne Plaza hotels owner InterContinental Hotels Group saw revenue per available room (RevPAR) grow across all regions in the third quarter. Revenue in the quarter totalled $473m, versus $467m in the third quarter of 2011; that's a 1% gain in actual terms, or a 3% rise on a consta
Read moreFriday broker round-up
2nd Nov 2012 08:18
Associated British Foods: Panmure Gordon keeps hold rating and 1,300p target. Balfour Beatty: Goldman Sachs downgrades to neutral, target cut from 330p to 322p. BG Group: Deutsche Bank downgrades to hold, target cut from 1,700p to 1,350p; Liberum Capital downgrades to hold. British Sky Broadcasti
Read moreLondon close: Stocks rebound despite mixed economic data
24th Oct 2012 16:54
- Boeing, Facebook and SAP lift sentiment - Stocks rebound after heavy losses yesterday - Chinese and Eurozone data paints mixed picture UK stocks finished in positive territory on Wednesday, albeit only just, after some decent corporate earnings offset some mixed economic data from China and the E
Read moreLondon midday: Markets volatile after mixed economic data
24th Oct 2012 11:19
- Stocks react to mixed economic data - FOMC conclusion eyed - ARM extends gains after Q3 results and SAP statement The FTSE 100 was swinging between gains and loss on Wednesday morning as contrasting economic data from China and the Eurozone painted a mixed picture of the global economy. Markets
Read moreWednesday broker round-up
24th Oct 2012 09:25
African Barrick Gold: Investec raises target from 485p to 530p, hold rating kept. Aggreko: Seymour Pierce maintains buy rating and 2,500p target. AstraZeneca: Panmure Gordon keeps hold rating and 3,000p target. British American Tobacco: Jefferies keeps buy rating and 3,730p target; Panmure Gordon
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