FTSE 100 movers: Reed Elsevier leads risers

24th Jul 2014 16:06

Reed Elsevier was the top riser after it reported a 4% increase in half year revenue at constant currency and a 5% increase in the dividend. Shares in International Airlines Group climbed after an agreement was reached between the group and its main trade unions that could see as many as 1,427 job

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London midday: Stocks erase losses as banks and housebuilders gain

24th Jul 2014 12:04

- Banking, housing stocks provide a boost - Kingfisher, Easyjet slump after results - Ukraine still in focus as Russian sanctions discussed - Eurozone PMI improves, UK retail sales fall techMARK 2,821.65 -0.06% FTSE 100 6,802.89 +0.07% FTSE 250 15,726.48 0.00% UK stocks managed to turn around afte

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London open: UK stocks fall as Kingfisher, Easyjet and Unilever disappoint

24th Jul 2014 09:10

- Kingfisher, Easyjet, Unilever disappoint with earnings - Markets still cautious on Ukraine crisis - Economic data on tap, Chinese indicator improves techMARK 2,813.29 -0.36% FTSE 100 6,780.77 -0.26% FTSE 250 15,695.97 -0.19% UK stocks declined on Thursday as a negative reaction to results from K

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Shares of B&Q owner Kingfisher sink as Q2 LFL sales reverse

24th Jul 2014 08:06

After a strong start to the year, DIY retailer Kingfisher's like-for-like (LFL) sales reversed into the red in the second quarter with trading "slower than anticipated". The stock had dropped by over 6% to 315.3p in early trading on Thursday. The largest home improvement retailer in Europe said th

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Tuesday broker round-up UPDATE

15th Jul 2014 08:53

Admiral Group: Numis moves target price from 1710p to 1720p, while downgrading from buy to add. African Barrick Gold: UBS initiates with a target price of 260p and a buy recommendation. Ashtead Group: Berenberg initiates with a target price of 1110p and a buy recommendation. British American Taba

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Sector movers: M&S caution, rate-hike speculation dampen retail stocks

7th Jul 2014 14:55

General retail stocks were under the weather on Monday as investors showed nervousness ahead of results from High Street bellwether Marks & Spencer and reacted to rate-hike speculation. Shares in M&S were down 1% this afternoon before its fiscal first-quarter update due out Tuesday morning which wi

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London midday: Iraq concerns push stocks lower ahead of US data

25th Jun 2014 11:30

- FTSE 100 on track to close at two-month low - Iraq situation worsens, Ukraine still in focus - Bunzl disappoints with trading update - Oil stocks fall, real estate gains techMARK 2,794.32 -0.53% FTSE 100 6,744.97 -0.62% FTSE 250 15,458.96 -0.57% UK stocks were firmly in the red on Wednesday as o

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Thursday broker round-up UPDATE

19th Jun 2014 08:56

BAE Systems: Westhouse Securities initiates with a target price of 360p and a sell recommendation. Berkeley Group: Deutsche Bank increases target price from 2587p to 2877p retaining a hold recommendation. Jefferies raises target price from 2477p to 2543p and keeps a hold recommendation. BG Group:

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FTSE 100 movers: Shire rises on reports of bid preparation

17th Jun 2014 15:37

Pharmaceutical group Shire was making gains after Reuters reported that it has hired investment bank Citi as an advisor as it braces itself for takeover bids. The company's Irish tax base and its mid-sized market value of £22bn makes it a prime acquisition target, analysts told the news agency. Whi

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Tuesday broker round-up UPDATE

17th Jun 2014 09:45

Aquarius Platinum: UBS cuts target price from 41p to 24p and keeps a neutral rating. BAE Systems: Berenberg initiates with a target price of 455p and a hold recommendation. British Land: Deutsche Bank ups target price from 520p to 580p, but still recommends selling. Capital & Counties: Deutsche B

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London open: Mining stocks pull FTSE 100 lower ahead of data

12th Jun 2014 08:25

- Profit taking continues as miners fall - Traders await global economic data - Broker downgrades hit blue chips techMARK 2,839.63 -0.04% FTSE 100 6,827.09 -0.17% FTSE 250 16,073.58 -0.09% UK stocks opened flat on Thursday morning as weakness in the mining sector held back any chances of a rebound

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London pre-open: Modest gain expected on FTSE

12th Jun 2014 07:40

UK-listed stocks are expected to move slightly higher early on today, reversing some of Wednesday's losses as investors gear up for what is set to be a somewhat heavier session in terms of macro data. City sources predict the FTSE 100 will open around five points higher than yesterday's close of 6

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Kingfisher regional chief to step down in July

12th Jun 2014 07:07

Home improvement retailer Kingfisher on Thursday announced Philippe Tible, Chief Executive of its European Castorama & Brico Depot brands, is stepping down from the board at the end of July. He will also leave as a member of the group executive team but will remain with the business until the end o

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London close: Miners drag FTSE to negative finish

30th May 2014 16:59

- FTSE closes down 26.78 points at 6,844.51 - Fenner, miners provide drag - UK consumer confidence out of the red techMARK 2,812.27 +0.10% FTSE 100 6,844.51 -0.39% FTSE 250 16,010.25 +0.35% Miners dragged the FTSE to a negative finish in today's session, following what one analyst described as a

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London midday: Miners pull UK markets lower, but Smith & Nephew rises

30th May 2014 11:34

- Mining stocks lower on iron ore, China concerns - Fenner issues profit warning - M&A continues to boost Smith & Nephew techMARK 2,820.23 +0.39% FTSE 100 6,860.62 -0.16% FTSE 250 16,039.31 +0.53% Weakness in the mining sector dragged the UK stock market from a two-week high on Friday, despite M&A

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