FTSE 100 movers: Barratt Developments rises on broker comment
9th Apr 2014 14:57
Barratt Developments raced to the top of the leaderboard today after Deutsche Bank named the house builder as a top pick. Sector peer Travis Perkins was also making strong gains. ARM Holdings was a notable riser today, with investors feeling a renewed sense of confidence after the tech-heavy Nasd
Read moreBroker tips: Kingfisher, Aveva, BT Group
9th Apr 2014 12:46
Analysts at UBS have lifted their price target on do-it-yourself retailer Kingfisher on expectations that the purchase of Mr.Bricolage offers greater scope to contribute to earnings than initially thought. The broker initially thought the transaction might be about 2% earnings accretive at the earn
Read moreLondon midday: Stocks move higher as bargain hunters step in
9th Apr 2014 12:10
- UK economy still struggling to rebalance - Motor insurers off as prices drop - Focus to be on Fed meeting minutes techMARK 2,725.84 +1.05% FTSE 100 6,640.60 +0.76% FTSE 250 16,156.11 +0.88% Equities were continuing to move higher at the midday mark, lifted by a decent performance in the US overn
Read moreUBS sees greater upside from Kingfisher purchase of Mr Bricolage
9th Apr 2014 11:35
Analysts at UBS have lifted their price target on do-it-yourself retailer Kingfisher on expectations that the purchase of French DIY chain Mr Bricolage offers greater scope to contribute to earnings than initially thought. The broker initially thought the transaction might be about 2% earnings accr
Read moreWednesday broker round-up UPDATE
9th Apr 2014 09:09
Aberdeen Asset Management: RBC Capital moves target price from 485p to 495p and maintains an outperform rating. African Barrick Gold: Deutsche Bank upgrades to buy with a target price of 310p. African Minerals: Investec reduces target price from 241p to 198p and leaves its buy recommendation uncha
Read moreLondon close: FTSE ends week on positive note as insurers rise
4th Apr 2014 16:59
- US non-farm payrolls up 192,000 in March - UK car registrations rise to best level in a decade - Insurers recover after recent falls techMARK 2,770.41 -0.01% FTSE 100 6,695.55 +0.70% FTSE 250 16,433.67 +0.52% UK stocks ended the week on a buoyant note, although below the 6,700 level surpassed ea
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 moreSector movers: M&S and Tesco drag retailers lower
4th Apr 2014 14:24
Retail stocks were trading lower on Friday with heavyweights Marks & Spencer and Tesco providing a drag on the sector. M&S was off shopping lists today after Goldman Sachs retained its 'sell' recommendation for the British department store chain, saying that the business could feel the heat from th
Read moreLondon midday: Markets in positive mood ahead of US jobs data
4th Apr 2014 11:33
- Expectations high for US non-farm payrolls - 200k increase expected in March, jobless rate seen lower - easyJet traffic grows, RBS appoints new CFO - Retailers fall, including Tesco and M&S techMARK 2,774.68 +0.14% FTSE 100 6,678.29 +0.44% FTSE 250 16,414.01 +0.40% UK stock markets were putting
Read moreLondon open: Stocks rise ahead of US jobs report
4th Apr 2014 08:42
- Non-farm payrolls in focus - easyJet traffic up 4.8 per cent in March - RBS appoints Credit Suisse banker as CFO techMARK 2,772.13 +0.05% FTSE 100 6,672.25 +0.35% FTSE 250 16,391.84 +0.26% UK stocks opened with small gains on Friday morning ahead of the all-important US non-farm payrolls report
Read moreLondon close: Miners ensure negative finish for FTSE
3rd Apr 2014 16:59
- Chinese stimulus comes in below expectations - ECB maintains interest rate - March UK services sector unexpectedly slows techMARK 2,770.71 -0.44% FTSE 100 6,649.14 -0.15% FTSE 250 16,349.06 -0.41% UK stocks settled modestly lower on Thursday as investors weighed up Chinese stimulus measures, det
Read moreFTSE 100 movers: Tullow Oil rises on rating upgrade
3rd Apr 2014 14:59
Tullow Oil shares were making decent gains after UBS upgraded the stock from 'neutral' to 'buy'. The bank said that the investment case for the shares has changed and the risk/reward balance is 'now skewed to the upside'. B&Q and Screwfix owner Kingfisher was higher after revealing that it is in ex
Read moreLondon midday: Gains erased with investors nervous ahead of ECB
3rd Apr 2014 12:05
- ECB in focus ahead of policy meeting - UK services PMI slips, US data ahead - Tullow and Standard Life upgraded - BSkyB drops on HSBC comments - Just Eat impresses with IPO techMARK 2,776.98 -0.21% FTSE 100 6,657.60 -0.02% FTSE 250 16,390.84 -0.15% It was a choppy morning for UK equity markets o
Read moreLondon open: Trading cautious ahead of ECB decision
3rd Apr 2014 08:46
- ECB meeting the main event of the day - China unveils 'mini-stimulus' - Global economic data in focus - Tullow, Standard Life upgraded - Kingfisher rises on Mr Bricolage deal techMARK 2,780.50 -0.09% FTSE 100 6,663.30 +0.06% FTSE 250 16,387.30 -0.17% UK stocks edged higher on Thursday morning, b
Read moreLondon pre-open: FTSE to move higher early on
3rd Apr 2014 07:39
UK stocks are set to start today's session on a positive note, tracking gains seen in the US ahead of the ECB's latest policy meeting and following positive Chinese services data as per the latest Services Markit/HSBC services purchasing managers index (PMI). City sources predict the FTSE 100 will
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