Johnson Matthey posts higher profits but sees flat 2014/15
5th Jun 2014 07:00
Speciality chemicals group Johnson Matthey reported higher sales and profits and hiked its dividend but warned that changes in a deal with Anglo American Platinum (AAP) and currency movements would cancel out growth this year. Johnson, which makes catalytic converters for cars, said pre-tax profit
Read moreFriday broker round-up UPDATE
23rd May 2014 09:53
Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
Read moreFTSE 100 movers: Insurers lead upside after recent falls
4th Apr 2014 14:43
Insurance groups RSA, Resolution and Aviva all made decent gains, bucking the trend of recent times, hit by both the Budget statement and the Financial Conduct Authority's plans to review old insurance policies. Pearson was higher after Jefferies upgraded the publisher to 'buy' and raised its targ
Read moreFriday broker round-up UPDATE
4th Apr 2014 10:07
African Minerals: Deutsche Bank reduces target price from 382p to 335p, while its buy recommendation remains unchanged. Arrow Global: Canaccord Genuity moves target price from 309p to 318p and keeps a buy recommendation. Ashmore Group: JP Morgan takes target price from 344p to 351p and maintains a
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreLondon close: FTSE ends marginally lower on Ukraine fears, retail figures
11th Mar 2014 16:59
- FTSE closes down 3.93 at 6,685.52 - Ukraine tensions cause further concern - UK retail sales disappoint - Industrial production rises techMARK 2,851.60 +0.23% FTSE 100 6,685.52 -0.06% FTSE 250 16,481.45 +0.18% UK stocks eased back from earlier losses to end today's session only just in the red,
Read moreFTSE 100 movers: Sports Direct in top spot as banks head lower
11th Mar 2014 14:48
Sports Direct was the day's top riser, gaining strongly after shareholders approved a huge 65m pound bonus plan for founder Mike Ashley. The payout is dependent on the company achieving earnings before interest, tax, depreciation and amortisation (EBITDA) of £330m in 2014 and £410m in 2015 - the l
Read moreLondon midday: Stocks near four-week low, supermarkets fall
11th Mar 2014 11:37
- Markets at lowest in nearly four weeks - Russia said to be drawing up counter offer to US - Supermarkets fall after Kantar data techMARK 2,841.55 -0.13% FTSE 100 6,674.07 -0.23% FTSE 250 16,448.94 -0.01% After a quiet start, UK stocks fell into the red by Tuesday lunchtime with retailers and ba
Read moreTuesday broker round-up UPDATE
11th Mar 2014 09:03
Aviva: RBC Capital takes target price from 400p to 550p upgrading to neutral. Nomura increases target price from 489p to 625p and reiterates a buy recommendation. Balfour Beatty: Citi raises target price from 220p to 310p maintaining a neutral rating. Goldman Sachs reduces target price from 335p to
Read moreLondon open: Stocks edge higher ahead of UK data
11th Mar 2014 08:31
- FTSE 100 up after hitting lowest since February 14th - Mark Carney, UK data in focus - Inchcape up after record results techMARK 2,851.92 +0.24% FTSE 100 6,692.77 +0.05% FTSE 250 16,506.44 +0.34% UK markets edged higher on Tuesday after hitting their lowest levels in nearly a month the previous
Read moreJohnson Matthey unveils replacement Finance Director
11th Feb 2014 07:28
Specialty chemicals company Johnson Matthey has appointed a new Group Finance Director to replace Robert MacLeod, who was recently promoted to the role of Chief Executive. New board member Den Jones has 13 years of senior and board level experience with FTSE-100 listed BG Group, where he has held
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 moreLondon midday: Stocks hold on to losses as investors weigh Fed, data
30th Jan 2014 11:20
- FTSE 100 at lowest since December 18th - Fed continues to taper, cuts bond purchases by 10bn dollars - Chinese PMI confirms manufacturing contraction - Updates from blue chips come in mixed techMARK 2,760.98 -0.25% FTSE 100 6,524.90 -0.30% FTSE 250 15,650.01 -0.24% The Federal Reserve's decision
Read moreLondon open: Stocks fall after Fed as investors await data-heavy session
30th Jan 2014 08:26
- FTSE 100 at lowest since December 18th - Fed continues to taper, cuts bond purchases by 10bn dollars - Chinese PMI confirms manufacturing contraction - Barrage of data out elsewhere techMARK 2,761.89 -0.22% FTSE 100 6,518.96 -0.39% FTSE 250 15,677.69 -0.07% UK equities got off to a poor start on
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