Friday broker round-up UPDATE
7th Mar 2014 09:39
AGA Rangemaster: N+1 Singer ups target price from 175p to 192p and maintains a buy recommendation. Aggreko: JP Morgan lowers target price from 1542p to 1536p and maintains a neutral rating. Goldman Sachs increases target price from 1876p to 1950p and keeps a buy recommendation. Numis upgrades to re
Read moreLondon close: Stocks glide higher amid multiple data and corporate releases
6th Mar 2014 16:59
- Focus on BoE and ECB decision - Aviva leads risers - US jobless numbers come in below consensus techMARK 2,887.46 -0.40% FTSE 100 6,788.49 +0.19% FTSE 250 16,671.75 +0.35% UK stocks ended the day on a positive note, as investors digested central bank decisions from the Bank of England (BoE) and
Read moreFTSE 100 movers: Aviva rises after 2013 results impress
6th Mar 2014 14:49
Shares in insurer Aviva soared after investors celebrated a better-than-expected set of 2013 results as its turnaround under Chief Executive Mark Wilson saw encouraging progress. Operating profits rose 6% year-on-year to £2,049m, some 3% ahead of the consensus estimate of £1,988m. Panmure Gordon w
Read moreIMI shares sink on FX, margin guidance - UPDATE
6th Mar 2014 14:40
- Currency headwinds worse than expected, says analyst - Margins to fall in first half - Modest organic revenue growth predicted Shares in IMI sunk sharply on Thursday despite annual results meeting market forecasts, after the engineering group warned about negative currency movements and falling m
Read moreLondon midday: Stocks pare gains ahead of ECB as BoE holds fire
6th Mar 2014 11:38
- BoE leaves rates on hold - ECB speculation ramps up ahead of decision - Crimea votes to join Russia, referendum set for 10 days - Aviva, Aggreko and Schroders jump after results techMARK 2,894.33 -0.17% FTSE 100 6,784.24 +0.13% FTSE 250 16,663.49 +0.30% UK stocks had trimmed earlier gains by Thu
Read moreLondon pre-open: Small gains expected ahead of ECB, BoE decisions
6th Mar 2014 07:14
- Modest rise expected at opening bell - Attention focused on ECB, BoE, Ukraine - Positive passenger numbers from easyJet UK stocks are set to edge higher early on ahead of announcements from both the European Central Bank (ECB) and Bank of England (BoE) regarding their latest policy decisions. C
Read moreIMI grows revenues, profits in 2013
6th Mar 2014 07:13
- Modest organic revenue growth expected in first half - 2013 organic revenues up three per cent - Adjusted profits up eight per cent Engineering group IMI said it expects modest organic revenue growth in the first half of 2014 after a "significant year of process" last year. The company, which is
Read moreFTSE 100 movers: BAE recovers after sharp declines
21st Feb 2014 14:26
BAE Systems was regaining some of yesterday's heavy losses, rising into the stop spot by this afternoon. The group suffered a sharp decline on Thursday after it warned that profits could fall by up to 10 per cent on the back of pressures on US government spending, and despite reporting a three per c
Read moreFriday broker round-up UPDATE
21st Feb 2014 10:11
Barratt Developments: JP Morgan raises target price from 360p to 420p, while downgrading to neutral. Bellway: JP Morgan takes target price from 1450p to 2000p and retains an overweight rating. Bodycote: UBS initiates with a target price of 800p and a buy recommendation. Bovis Homes Group: JP Morg
Read moreFTSE 100 movers: Banks driven higher by inflation data
18th Feb 2014 15:08
Banks charged higher on the news that UK inflation fell below the government's target of 2.0 per cent in January for the first time since 2009. Royal Bank of Scotland and Barclays registered the strongest gains within their sector. BT shares were given a lift after the UK's Court of Appeal ruled t
Read moreIMI continues to rise on cash return
18th Feb 2014 09:07
IMI shares were once again rising strongly on Tuesday, extending the previous day's gains after the group announced a cash return to shareholders. The global engineering group confirmed it would pay a dividend of 200p on its C shares, and announced the redemption of B shares for the same price.
Read moreLondon open: Stocks register small decline ahead of inflation data
18th Feb 2014 08:25
- FTSE down 12 points - All eye on CPI inflation figure - InterCo Hotels falls despite posting profit techMARK 2,855.49 -0.06% FTSE 100 6,726.16 -0.15% FTSE 250 16,217.82 -0.17% Stocks surprised with a modest decline this morning as investors geared up for a data-heavy session both at home and acr
Read moreUK stocks end on a high after quiet session
17th Feb 2014 16:23
- FTSE closes up 72 points at 6,736 - Hammerson and RSA lead risers - UK inflation due out tomorrow - House prices up 3.3 per cent in February techMARK 2,857.31 +0.90% FTSE 100 6,736.00 +1.09% FTSE 250 16,244.71 +0.83% Stocks ended the day with strong gains, driven by both Hammerson and RSA Insur
Read moreFTSE 100 movers: Hammerson leads the risers on strong results
17th Feb 2014 14:59
Hammerson is in the top spot today, after it this morning reported a rise in annual profits, driven by strong demand for retail property. The property group posted pre-tax profit for the year ended December 31st 2013 of £341.2m, up from £142.2m the previous year, as like-for-like net rental income
Read moreFTSE jumps on global events
17th Feb 2014 11:59
- Chinese lending, Italy drive FTSE higher - Japanese GDP disappoints - UK house prices accelerate - Hammerson and RSA lead risers techMARK 2,850.83 +0.67% FTSE 100 6,729.06 +0.98% FTSE 250 16,193.48 +0.51% The FTSE rose strongly this morning, driven by Chinese lending data, political events in It
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