FTSE 100 movers: Numis upgrades lift Randgold and Antofagasta
9th Oct 2014 15:36
Randgold Resources jumped after Numis upgraded the miner to 'buy' from 'add', while the same broker also gave sector peer Antofagasta a boost after upgrading it from 'reduce' to 'hold'. Fresnillo and Polymetal also gained as a weaker dollar prompted a jump in gold and silver prices. Rolls-Royce was
Read moreFinance director of Kingfisher adds to stake after interims give mixed picture
22nd Sep 2014 16:14
Kingfisher's group finance director has spent just over £24,860 on shares less than two weeks after the release of its interim results. Karen Witts added 7,926 shares to her stake, spending 313.66p a time. Kingfisher reported flat profits due to currency volatility, although it said the buoyant UK
Read moreGriffin Mining non-exec adds 350,000 shares
18th Sep 2014 16:29
A non-executive of Griffin Mining has added to his already large stake in the company with an additional 350,000 shares. Adam Usdan, who joined the company earlier in the year and is also a founding shareholder of the company, now holds 29.14m shares in the group, equal to a 16.3% interest. The pur
Read moreFriday newspaper round-up: Russian sanctions, Scottish referendum, Minecraft...
12th Sep 2014 06:47
BP and ExxonMobil could be caught up in the escalating trade war between Russia and the West today when a fresh round of economic sanctions are announced. Rosneft and Gazprom, the state controlled energy companies, and others in the energy sector will be targeted and could be prevented from drilling
Read moreFTSE 100 movers: Kingfisher leads risers after seeing improved demand for DIY products
10th Sep 2014 15:18
B&Q and Brico Depot owner Kingfisher saw shares jump after replacing its chief executive as it reported flat profits due to currency volatility, although it said the buoyant UK housing market had lifted demand for DIY products. Housebuilder Barratt Developments was higher after it pledged to return
Read moreKingfisher still facing challenges despite UK cheer, broker says
10th Sep 2014 11:52
B&Q owner Kingfisher cheered investors with upbeat results but is still facing challenges to turn itself around, according to Hargreaves Lansdown. Kingfisher, which also owns French DIY chains Brico Depot and Castorama, on Wednesday reported flat profits of £364m due to currency translation and said
Read moreLondon midday: FTSE erases losses as Kingfisher and Barratt gain
10th Sep 2014 11:50
London's FTSE 100 had erased earlier losses and was trading in positive territory by Wednesday lunchtime, helped by decent gains from Kingfisher, Barratt Developments and precious metal stocks. However, upside was being limited by falls from Sports Direct and a host of blue chips that went ex-divide
Read moreLondon open: Ex-div stocks, Sports Direct lead UK markets lower
10th Sep 2014 08:34
UK equity markets declined on Wednesday morning with ex-dividend stocks providing a drag, along with poorly-received trading updates from the likes of Sports Direct and London Stock Exchange (LSE). The FTSE 100 was trading down 0.4% at 6,803 within the opening hour. London stocks were also tracking
Read moreLondon pre-open: Blue chips to retreat ahead of BoE hearing
10th Sep 2014 07:42
London-listed stocks are expected to open lower at Wednesday's opening bell, tracking losses seen in both the US and Asia overnight. City sources predict the FTSE 100 will open around 12 points lower than Tuesday's close of 6,829.00. Data published in Asia overnight revealed that China's money supp
Read moreKingfisher gets new boss as French woe hits profits
10th Sep 2014 07:18
B&Q and Brico Depot owner Kingfisher has decided to replace its chief executive as it reported flat profits due to currency volatility, although it said the buoyant UK housing market had lifted demand for DIY products. French sales were only slightly higher as the group took a hit from the country's
Read moreLondon close: Inflation in focus as geopolitical tensions ease
19th Aug 2014 16:59
- FTSE closes up 38.06 at 6,779.31 - UK CPI drops to 1.6% - US housing starts jump 15.7% in July techMARK 2,800.98 +0.68% FTSE 100 6,779.31 +0.56% FTSE 250 15,895.26 +0.63% It was another positive finish for London's blue chips on Tuesday, which saw a jump at the opening bell followed by relativel
Read moreFTSE 100 movers: Retailers, housebuilders lead gains
19th Aug 2014 16:24
Retailers Kingfisher, Sports Direct and Next were occupying the top 10 on the FTSE on Tuesday, while housebuilders were also performing well as forecasts for a rate hike were pushed back after the inflation figures. Persimmon moved higher after pleasing with a 57% jumped in first-half profits, whi
Read moreLondon midday: UK stocks near three-week high as inflation eases
19th Aug 2014 12:07
- UK inflation drops to four-month low of 1.6% - Housebuilders, retailers on the rise - Imperial impresses with results, BHP falls on demerger plans techMARK 2,802.05 +0.72% FTSE 100 6,766.71 +0.38% FTSE 250 15,903.92 +0.68% UK stocks extended their winning streak into the fifth session on Tuesday
Read moreFriday broker round-up UPDATE
25th Jul 2014 09:29
African Barrick Gold: Investec places both its target price (prev.: 212p) and its sell recommendation under review. Westhouse Securities ups target price from 250p to 285p upgrading from neutral to add. Barclays: Deutsche Bank cuts target price from 300p to 275p staying with its buy recommendation.
Read moreLondon close: Positive finish after banking sector rises on Fitch comments
24th Jul 2014 16:59
- FTSE closes up 23.31 at 6,821.46 - Retail sales in surprise dip - Fitch comments lift banking sector techMARK 2,822.06 -0.05% FTSE 100 6,821.46 +0.34% FTSE 250 15,748.69 +0.14% London-listed stocks ended the day higher following a relatively steady morning of gains and a slight dip mid afternoon
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