London open: Markets flat despite Chinese data
24th Oct 2012 08:30
- Earnings and Eurozone concerns weigh on sentiment - BATS and IHG disappoint early on - Miners gain on upbeat Chinese data UK stocks failed to rebound from yesterday's steep sell-off despite some upbeat economic data out from China overnight, as investors continued to digest some disappointing cor
Read moreLondon pre-open: FTSE to get a boost from Chinese data
24th Oct 2012 07:32
City sources predict the FTSE 100 will open up eight points from yesterday's close of 5,798, boosted by stronger-than-expected manufcaturing data from China, which it is hoped will do some damage control on the huge losses seen in the US - particularly on the Dow Jones - last night. US stocks were
Read moreIHG experiences US slowdown in Q3
24th Oct 2012 07:16
Holiday Inn and Crown Plaza owner InterContinental Hotels Group (IHG) saw growth in US revenue per available room (RevPAR) moderate in the third quarter as a result of a seasonal impact, the company said on Wednesday. Speaking at the annual conference for hotel owners in the Americas region, IHG sa
Read moreMonday broker round-up
15th Oct 2012 09:33
Anglo American: Goldman Sachs downgrades to sell. Antofagasta: Goldman Sachs downgrades to neutral, target cut from 1,150p to 1,100p. Asian Plantations: Panmure Gordon cuts target from 400p to 380p, buy rating kept. AVEVA: Panmure Gordon keeps hold rating and 1,878p target. Bellzone Mining: Gold
Read moreLondon close: Footsie jumps to six-month high on QE3
14th Sep 2012 16:26
- Footsie closes at highest level since mid-March - Markets celebrate QE3 announcement - Mining stocks surge as demand outlook improves Massive gains in the mining sector lifted the FTSE 100 to a six-month high on Friday as markets reacted to the Federal Reserve announcement of further economic sti
Read moreFTSE 100 movers: Miners soar after Fed announcement
14th Sep 2012 15:39
Mining stocks were putting in an impressive performance as metals prices gained on a weaker dollar after the Fed announcement. Investors are hoping that an improved US economy will boost the demand for commodities. Kazakhmys, Vedanta, Evraz, Fresnillo, ENRC, Antofagasta and Anglo American all gain
Read moreLondon midday: Mining stocks celebrate QE3
14th Sep 2012 11:48
- Footsie at six-month high after Fed decision - Mining stocks rocket on stimulus plans - Markets' upside momentum to remain in the weeks ahead, says analyst London's stock market continued to extend gains on Friday morning after last night's announcement of more stimulus in the US, pushed the FTSE
Read moreLondon open: Footsie at six-month high after QE3
14th Sep 2012 08:23
- Stocks soar after last night's QE3 announcement - Fed to buy mortgage debt, maintain Operation Twist - Miners, banks surge early on Stock markets across Europe surged in early trading on Friday following last night's stimulus announcement from the Federal Reserve; increased risk appetite was ben
Read moreLondon pre-open: FTSE set to soar on QE3 decision
14th Sep 2012 07:30
City sources predict the FTSE 100 will open up 85 points from yesterday's close of 5,820, after the US Federal Reserve announced on Thursday that it will launch its third round of quantitative easing, or QE3. The Fed announced that, in order to bolster the economy and make sure that inflation stays
Read moreIHG's special divi to be 108.4p per share
14th Sep 2012 07:10
The wait is over for InterContinental Hotels Group (IHG) shareholders waiting for details of the hotels group's special dividend, with the group announcing it will be paying out 108.4p per share. The Holiday Inns group announced on August 7th that it planned to return $0.5bn of funds to shareholder
Read moreBroker tips: IHG, SABMiller, WH Smith
23rd Aug 2012 12:36
Jefferies has raised its target price for Holiday Inn and Crowne Plaza owner InterContinental Hotels from 1,350p to 1,500p, but has retained its 'hold' recommendation for the shares due to the lack of perceived potential upside to the stock. The shares are now trading close to an all-time high, the
Read moreBroker snap: Jefferies lifts IHG target but keeps 'hold'
23rd Aug 2012 10:35
Jefferies has raised its target price for Holiday Inn and Crowne Plaza owner InterContinental Hotels from 1,350p to 1,500p, but has retained its 'hold' recommendation for the shares due to the lack of perceived potential upside to the stock. The shares are now trading close to an all-time high, the
Read moreThursday broker round-up
23rd Aug 2012 09:29
Aegis: Nomura maintains buy rating and 240p target. British Land: Jefferies downgrades to hold. Cobham: Citigroup downgrades to neutral, target cut from 265p to 230p. Diageo: Jefferies maintains buy rating and 1,915p target; Investec maintains buy rating and 1,900p target. Evraz: HSBC upgrades t
Read moreLondon close: Stocks sink ahead of Fed minutes
22nd Aug 2012 16:40
- Concerns about Japan and Greece pressure stocks - FOMC minutes eyed - CBO warns about 'fiscal cliff' Following steep falls from the off, losses on the Footsie were cemented today after a poor start on Wall Street as global equity markets reacted poorly to economic data from Japan and ongoing issu
Read moreLondon midday: Footsie drops one per cent as miners fall
22nd Aug 2012 12:01
- Greece to request two more years - Japanese trade deficit concerns miners - BHP sees earnings fall in the first half London's FTSE 100 was trading a whole per cent lower by Wednesday lunchtime as markets focused on concerns about Greece and some gloomy economy data from Japan. "Traders' profit h
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