Wednesday broker round-up UPDATE
16th Jan 2013 07:16
Anglo American: Goldman Sachs reduces target price from 1650p to 1500p and reiterates its sell recommendation. Antofagasta: Goldman Sachs ups target price from 1100p to 1120p and still recommends to sell. ARM Holdings: UBS increases target price from 750p to 900p, while downgrading to neutral. As
Read moreTuesday broker round-up UPDATE
15th Jan 2013 07:17
African Barrick Gold: Investec lowers its target price from 526p to 405p, while upgrading from hold to buy. ARM Holdings: Morgan Stanley raises its target price from 725p to 911p, while downgrading to equal-weight. Investec ups target price from 800p to 900p and downgrades from buy to hold. Aurum
Read moreWednesday broker round-up UPDATE
9th Jan 2013 09:11
African Barrick Gold: Deutsche Bank reduces target price from 520p to 490p and reiterates a hold recommendation. Nomura cuts target price from 525p to 435p and downgrades from buy to neutral. African Minerals: Deutsche Bank increases target price from 606p to 620p and maintains a buy rating. AMEC:
Read moreLondon close: Markets shrug off decent showing by banks
7th Jan 2013 16:35
- Traders take profits after recent surge - European banks on Basel III developments - Investors looking ahead to central bank decisions After registering impressive gains last week, stocks across Europe pulled back on Monday with investor taking profits as fourth-quarter earnings season gets into
Read moreFTSE 100 movers: Barclays leads risers as National Grid falls
7th Jan 2013 15:34
Banking giant Barclays was the high riser of the day after regulators eased rules on cash buffers, giving lenders more time and greater flexibility to comply with Basel III liquid coverage ratio requirements. Sector peers Lloyds and HSBC were also on the up. "Less strict liquidity rules should red
Read moreLondon close: FTSE ends half-day session with small gains
24th Dec 2012 11:31
Market Movers techMARK 2,127.22 +0.05% FTSE 100 5,945.31 +0.24% FTSE 250 12,396.05 +0.27% - Modest gains for FTSE ahead of Christmas break - Concern for retailer in the coming year - House prices fell in December The FTSE made modest gains on Monday - a half day for markets, which will re-open in
Read moreLondon mid-session report: Modest gains seen on FTSE
24th Dec 2012 10:52
Market Movers techMARK 2,127.76 +0.05% FTSE 100 5,953.90 +0.23% FTSE 250 12,385.39 +0.19% The FTSE made small gains on Monday - a half day for markets - up 14 points ahead of the Christmas holiday period, as the majority of investors take time off and trading volumes fall. In economic news, it ha
Read moreLondon open: Small gains seen on FTSE
24th Dec 2012 08:24
Market Movers techMARK 2,127.39 +0.03% FTSE 100 5,948.57 +0.14% FTSE 250 12,359.99 -0.02% The FTSE opened little changed on Monday - a half day for markets - up just six points ahead of the Christmas holiday period, as the majority of investors take time off and trading volumes fall. With no UK a
Read moreLondon pre-open: Markets to open little changed
24th Dec 2012 07:39
City sources predict the FTSE 100 will open down two points from Friday's close of 5,940, with light volumes of trading expected as investors wind down for the Christmas bank holidays. UK markets are only open for a half day today, closing at midday. Although the market´s moves are expected to be
Read moreITV acquires controlling stake in Gurney Productions
24th Dec 2012 07:15
ITV has agreed to acquire a controlling stake in Gurney Productions, an independent producer of US cable television networks. The UK TV network is purchasing a 61.5% stake in Gurney Productions for $40m, with a put and call option to buy the remaining 38.5% interest in the company. The put and cal
Read moreSunday newspaper round-up: BoE, EU membership, BP
23rd Dec 2012 22:56
Although still in the minority, a handful of leading experts believe the Bank of England (BoE) will come under pressure to raise rates towards the end of 2013 - 18 months earlier than markets are predicting. Simon Ward, chief UK economist at Henderson Global Investors, said rates will rise from thei
Read moreBroker tips: ITV, Diageo, Regus
21st Dec 2012 10:12
Panmure Gordon has said it foresees 'material upside' for terrestrial broadcaster ITV in the New Year, as it reiterated its 'buy' rating and 140p target price for the stock. The broker is anticipating a "very strong start" to the new financial year in terms of advertising growth. "We are well-know
Read moreBroker snap: Panmure expects strong start to 2013 for ITV
21st Dec 2012 10:03
Panmure Gordon has said it foresees 'material upside' for terrestrial broadcaster ITV in the New Year, as it reiterated its 'buy' rating and 140p target price for the stock. The broker is anticipating a "very strong start" to the new financial year in terms of advertising growth. Analyst Alex DeGr
Read moreSector movers: ITV lifts media stocks higher on 'I'm a Celeb' success
3rd Dec 2012 14:38
Terrestrial broadcaster ITV was providing a lift to the media sector on Monday afternoon following the strong viewing figures for its celebrity reality TV show 'I'm a Celebrity Get Me Out of Here'. 'I'm a Celebrity', which finished its 12th series this weekend, averaged an audience of 9.8m viewers
Read moreLondon midday: Markets rise after manufacturing data
3rd Dec 2012 11:35
- Chinese and Indian PMIs improve - UK manufacturing PMI beats forecasts - Miners provide a lift in London The Footsie had held on to gains by Monday lunchtime after some decent manufacturing figures from China and India, though the mood was cautious on the back of uncertainties surrounding the US
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