London open: Financials in the lead, homebuilders move lower
9th Nov 2015 08:30
(ShareCast News) - Financials were leading gains on the Footsie early on Monday, with utilities and homebuilders again bearing the brunt of the selling pressure on the top flight index after Friday´s much stronger-than-expected US jobs report for October. The FTSE 100 was trading up by 0.33% to 6,37
Read moreLondon pre-open: Markets brush off weak Chinese trade data
9th Nov 2015 07:58
(ShareCast News) - Investors were set to push the Footsie higher despite the release of weaker than expected foreign trade numbers out of China over the weekend and a strong US jobs report for October, last Friday, that led markets to re-price the likelihood of a Fed hike next month. The top flight
Read moreInmarsat signs GX Aviation deal with Singapore Airlines
9th Nov 2015 07:21
(ShareCast News) - Singapore Airlines will deploy Inmarsat's GX Aviation on-board internet service on its long-haul fleet starting next year, the satellite communications services company said on Monday. GX Aviation delivers high-speed broadband over its Global Xpress satellite network. It will fir
Read moreCharles Stanley upgrades Inmarsat on long-term growth potential
6th Nov 2015 14:42
(ShareCast News) - Charles Stanley upgraded Inmarsat to 'accumulate' from 'reduce'. "The Q3 results were slightly ahead of expectations. Now that the risks associated with the third satellite launch have disappeared, and reflecting the company's long-term growth in a world likely to be short of it,
Read moreFTSE 100 movers: Mining millstone reverses, IHG and IAG jump
6th Nov 2015 14:10
(ShareCast News) - The FTSE 100 spiked in mid afternoon on Friday, rebounding on the back of the US jobs report, before promptly being yanked back into negative territory by the millstone of depressed mining stocks. Falling metals and oil prices cast initial pressure on the natural resources sectors
Read moreLondon open: All eyes trained on October US jobs report
6th Nov 2015 08:31
(ShareCast News) - Investors stuck to the sidelines ahead of what some analysts believed would be a make-or-break jobs report for market expectations of a rate hike by the US central bank in December. Ahead of those numbers, as of 0839 GMT the FTSE 100 was advancing by 7.28 points to 6,372.28. The S
Read moreLondon pre-open: October US jobs report may hold key to December FOMC
6th Nov 2015 07:47
(ShareCast News) - In Friday´s session all eyes will be trained on the latest US jobs report for October, which may hold the key to an interest rate hike - or not - at the 15-16 December meeting of the US Federal Open Market Committee. Is the outlook for the American economy so strong that beginning
Read moreInmarsat posts jump in third quarter profit
6th Nov 2015 07:04
(ShareCast News) - Inmarsat's third quarter profit has been given a large boost thanks to its aviation division. The FTSE 100 satellite communications service provider posted its results for the three months to 30 September on Friday. Total revenue for the quarter was up 7.5% on 2014, driven by an
Read moreWednesday broker round-up
28th Oct 2015 09:38
(ShareCast News) - Inmarsat: Credit Suisse reiterates to outperform, raises target price to 1080.00p. Gresham House Strategic: FinnCap starts new coverage, sets target price at 1000.00p. Burberry Group: JP Morgan Cazenove reiterates to neutral, cuts target price to 1500.00p. Goldman Sachs reiterate
Read moreInmarsat wins 10-year inflight broadband deal with Lufthansa
20th Oct 2015 15:10
(ShareCast News) - Satellite group Inmarsat has formalised an agreement to provide high-speed inflight broadband to Lufthansa flights in Europe for a ten-year period. Inmarsat will provide services from its new group of Global Xpress ultra-high-speed broadband satellites to an initial 150 Lufthansa
Read moreLondon close: Stocks rise after BoE and ECB meeting minutes
8th Oct 2015 16:22
(ShareCast News) - UK stocks gained after the Bank of England decided to keep interest rates unchanged and the European Central Bank suggested it might consider further stimulus. The BoE's Monetary Policy Committee voted 8-1 to maintain rates at 0.50% and its asset purchase programme at £375bn, as e
Read moreFTSE 100 movers: Tesco moves back up the chain
8th Oct 2015 13:28
(ShareCast News) - After a slow start to the morning, the FTSE 100 was up 16.74 points (0.26%) to 6,353.09 by mid-afternoon. Despite Wednesday's announcement that underlying profits are down 55% for the first half of the year, Tesco is leading the risers for the day. UBS on Thursday morning issued a
Read moreLondon midday: Stocks rise as BoE votes to keep interest rates unchanged
8th Oct 2015 11:07
(ShareCast News) - London stocks recovered slightly from losses earlier on Thursday as the Bank of England decided to keep interest rates unchanged. The BoE's Monetary Policy Committee voted 8-1 to maintain rates at 0.50% and its asset purchase programme at £375bn, as expected by analysts. Ian McCaf
Read moreLondon open: Stocks fall ahead of BoE, ECB and Federal Reserve meeting minutes
8th Oct 2015 08:31
(ShareCast News) - The FTSE fell on Thursday morning on uncertainty ahead of policy details from the central banks of the UK, US and Europe. The Bank of England will at 1200 BST release its latest policy decision with analysts expecting no change to interest rates or the asset purchase programme. An
Read moreInmarsat forecasting USD1.3bn in revenue for year
8th Oct 2015 07:10
(ShareCast News) - Inmarsat is reiterating its financial guidance for the year ahead of its Capital Markets Day. The FTSE 100 company on Thursday said there's no material change in the trading environment or the group's performance. It highlighted that group revenue for the year is expected to be b
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