Johnson 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
Read moreLondon pre-open: FTSE to decline after stimulus cut and Chinese data
30th Jan 2014 07:07
- Fed reduces stimulus by 10bn dollars - China confirms fall in PMI - Eurozone confidence data due City sources predict the FTSE 100 will open 17 points below yesterday's close of 6,544.28 following the news the Federal Reserve has, as was widely anticipated, continued with its plan to reduce stim
Read moreJohnson Matthey ups H2 outlook as CEO Carson steps down
30th Jan 2014 07:00
- CEO of 10 years to step down, FD to take over - Q3 sales up 12 per cent, excluding precious metal - Second-half trading to be ahead of previous guidance Neil Carson, the long-running boss of chemicals and precious metals firm Johnson Matthey, is to step down this summer and will be replaced by cu
Read moreBroker snap: HSBC gives chemical stocks a boost on 2014 outlook
22nd Jan 2014 16:30
Upbeat comments from analysts at HSBC gave chemicals stocks a boost in London on Wednesday after they said that the sector will deliver double-digit growth in earnings in 2014. The bank believes that all regions should contribute to growth, while it sees upside risk to prices and margins. "The val
Read moreSector movers: Sage lifts software stocks, chemicals gain
22nd Jan 2014 15:28
Sage was giving the software and computer services sector a lift on Wednesday after the firm reiterated its medium-term growth targets. Shares in Sage were up 3.6% at 427.9p - a level not seen in over a decade - after the accountancy software company said that trading across all regions in the firs
Read moreFTSE 100 movers: Sage Group jumps after confident update
22nd Jan 2014 15:14
Software company Sage Group rose strongly after it said it is trading in line with expectations, with growth across all regions. The firm expects to meet a target for a 6% increase in revenue in 2015 following impressive results in the period from October 1st to date, according to a trading update
Read moreWednesday broker round-up UPDATE
22nd Jan 2014 08:33
Admiral Group: Numis raises target price from 1425p to 1710p upgrading from add to buy. African Barrick Gold: Deutsche Bank moves target price from 180p to 190p and keeps a hold recommendation. RBC Capital takes target price from 220p to 250p and maintains an outperform rating. JP Morgan ups target
Read moreLondon close: Markets up after economic data, Lloyds rises
27th Nov 2013 16:43
- Economic data comes in broadly positive - Global indices trading near record highs - M&A speculation surrounds Lloyds, AMEC techMARK 2,658.82 +0.35% FTSE 100 6,649.47 +0.20% FTSE 250 15,406.67 +0.66% UK markets finished in positive territory on Wednesday as investors reacted to a flurry of econo
Read moreLondon midday: Stocks rise after UK data, but gains limited
27th Nov 2013 11:33
- Q3 UK GDP confirms small acceleration in growth - German coalition, GfK consumer confidence in focus - Ex-div stocks cap gains - Volumes set to be low ahead of Thanksgiving techMARK 2,656.92 +0.28% FTSE 100 6,648.87 +0.19% FTSE 250 15,386.74 +0.53% Markets in London were in positive territory on
Read moreLondon open: Markets edge higher ahead of UK GDP figures
27th Nov 2013 08:15
- Second estimate of Q3 UK GDP due for release - Plenty of economic data from the States - Ex-dividend stocks limit gains in London techMARK 2,654.69 +0.19% FTSE 100 6,649.71 +0.20% FTSE 250 15,370.31 +0.42% UK markets edged higher on Wednesday morning despite some ex-dividend stocks capping gains
Read moreMonday broker round-up UPDATE
25th Nov 2013 08:00
African Barrick Gold: Goldman Sachs ups target price from 110p to 140p, but still recommends selling. Alternative Asset Opps: Westhouse Securities initiates with a buy recommendation. Amino Technology: Northland Capital cuts target price from 110p to 100p and downgrades from buy to hold. Asian Pl
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