Chinese lending boosts FTSE as RSA Insurance leads risers
17th Feb 2014 08:25
- FTSE rises 33 points early on - Chinese lending, new Italian PM lift sentiment - RSA up on capital raising talk techMARK 2,838.60 +0.24% FTSE 100 6,695.20 +0.47% FTSE 250 16,141.35 +0.19% The FTSE put in a better than first anticipated performance in early trade, lifted by a strong performance i
Read moreFriday broker round-up UPDATE
7th Feb 2014 09:30
Acal: N+1 Singer initiates with a target price of 380p and a buy recommendation. AstraZeneca: Societe Generale ups target price from 3030p to 3126p, but still recommends selling. Barratt Developments: Deutsche Bank raises target price from 394p to 480p keeping a buy recommendation. Beazley: Canac
Read moreMonday broker round-up UPDATE
3rd Feb 2014 09:18
Advanced Computer Software: Panmure Gordon shifts target price from 132p to 139p and keeps a buy recommendation. AGA Rangemanager: Canaccord Genuity initiates with a target price of 300p and a buy recommendation. Avon Rubber: Canaccord Genuity initiates with a target price of 720p and a hold recom
Read moreTuesday broker round-up UPDATE
21st Jan 2014 08:17
BG Group: Credit Suisse ups target price from 1170p to 1200p, while leaving its underperform rating unchanged. BHP Billiton: UBS lowers target price from 2090p to 2060p, while its buy recommendation is kept. Diageo: UBS cuts target price from 2050p to 2000p maintaining a neutral rating. DP World
Read moreLondon pre-open: FTSE 100 to build on recent gains
21st Jan 2014 07:31
Markets are expected to open slightly higher on Tuesday morning, building on gains made yesterday when the FTSE 100 hit a fresh eight-month high. It was a rather lacklustre session for financial markets across Europe on Monday given that Wall Street was closed for Martin Luther King Jr. Day. Today,
Read moreIMI announces details of cash return, share consolidation
21st Jan 2014 07:14
Shareholders at engineering and fluid control firm IMI are in for a collective windfall of 620m pounds, as the company returns cash following the disposal of its Beverage Dispense and Merchandising divisions. The news should not come as a surprise to investors after the company previously indicated
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreTuesday tips round-up: Miners, Centamin, IMI
7th Jan 2014 07:07
Mining company executives´ assurances aside, the worst may not be over yet for miners. Hence the need to look at all the available data meticulously, something which may not always be as easy as one might think. A case in point in this regard may be copper-miner Kazhakmys. Yes, the share price was d
Read moreLondon pre-open: FTSE to inch higher early on
2nd Jan 2014 07:31
Today marks the return of many traders to the office after a quiet couple of weeks over the festive period. In the first day of trading in 2014, volumes are expected to pick up with the FTSE 100 set to kick the day off a couple of points higher than Tuesday's closing level of 6,749.09. According
Read moreIMI completes sale of two divisions
2nd Jan 2014 07:01
British based engineering company IMI has started the new year on a positive note with the completion of the sale of its Beverage Dispense and Merchandising divisions. The divisions were sold for a combined value of $1.1bn, of which around £620m the company is planning to return to shareholders.
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreTom Albanese stocks up on Vedanta shares
20th Nov 2013 16:14
Tom Albanese, a big player in the mining industry, has bought a round of shares in Vedanta Resources worth 298,290 pounds. Albanese, who is the former chief of Rio Tinto, purchased 30,500 shares at 978p each. In September the director took up an advisory role as Chairman of Vedanta Resources Ho
Read moreThursday newspaper round-up: RBS, Chinese banks, Marks&Spencer
17th Oct 2013 06:44
The Treasury has asked advisory firms for "creative ideas" over Royal Bank of Scotland that could enable the Chancellor to start selling shares in the bank next year. The thinking is that radical action, such as selling Citizens, the bank's American business, would make it easier to sell the taxpaye
Read moreLondon close: Stocks rally on hopes over 11th-hour deal in Washington
16th Oct 2013 16:24
Stocks swung sharply into positive territory on Wednesday afternoon with the FTSE 100 hitting a four-week high on that US leaders can come to a deal to raise the debt ceiling before tomorrow's deadline. Despite a weak start, the FTSE 100 finished up 22.48 points at 6,571.59, its highest level since
Read moreFTSE 100 movers: Hargreaves Lansdown extends yesterday's gains
16th Oct 2013 15:14
Shares of Hargreaves Lansdown were leading gains on the Footsie and may have broken above technical resistance at the 1,044p mark after yesterday reporting record levels of assets under administration (AuA) in the fiscal first quarter. The financial services company reported AuA of £39.3bn in the
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