London open: Global concerns dent stocks early on
28th Aug 2012 08:39
- Japanese concerns weigh on sentiment early on - G4S slips after first-half results, job cuts - Kingfisher lower after broker downgrade. The FTSE 100 slipped on Tuesday morning following a long weekend on concerns over the Japanese economy and uncertainty in the Eurozone. "Another big factor in t
Read moreTuesday broker round-up
28th Aug 2012 08:19
Afren: Credit Suisse downgrades to neutral, target cut from 185p to 170p. BHP Billiton: Morgan Stanley cuts target from 2,280p to 2,180p, overweight rating kept. Bunzl: Seymour Pierce raises target from 1,000p to 1,055p, hold recommendation maintained. Cairn Energy: Credit Suisse cuts target from
Read moreSector movers: Marks and Spencer lifts retailers after takeover rumours
24th Aug 2012 15:32
Retailers were on the up on Friday afternoon after Marks and Spencer jumped on rumours that private equity titan CVC Capital Partners is considering a takeover offer for the High Street group. It is thought that CVC is looking at an offer and has approached executives both inside and outside the fi
Read moreLondon close: Stocks sink ahead of Fed minutes
22nd Aug 2012 16:40
- Concerns about Japan and Greece pressure stocks - FOMC minutes eyed - CBO warns about 'fiscal cliff' Following steep falls from the off, losses on the Footsie were cemented today after a poor start on Wall Street as global equity markets reacted poorly to economic data from Japan and ongoing issu
Read moreLondon midday: Footsie drops one per cent as miners fall
22nd Aug 2012 12:01
- Greece to request two more years - Japanese trade deficit concerns miners - BHP sees earnings fall in the first half London's FTSE 100 was trading a whole per cent lower by Wednesday lunchtime as markets focused on concerns about Greece and some gloomy economy data from Japan. "Traders' profit h
Read moreWednesday broker round-up
22nd Aug 2012 09:20
888 Holdings: Shore Capital upgrades to buy. Afren: Jefferies raises target from 140p to 155p, buy recommendation maintained. Anglo American: JPMorgan Cazenove downgrades to underweight, target cut from 3,000p to 1,900p. Antofagasta: JPMorgan Cazenove upgrades to overweight, target lifted from 1,
Read moreLondon open: Japanese data dents the miners
22nd Aug 2012 08:30
- Japan swings to massive trade deficit - Greece to ask officials for more time - BHP and the miners fall steeply early on Following a strong rise for mining stocks on Tuesday, the sector was providing a drag in London this morning after gloomy economic data from Japan dampened sentiment and scale
Read moreMonday broker round-up
23rd Jul 2012 09:31
Abcam: Numis downgrades to add. Aberdeen Asset Management: Peel Hunt upgrades to buy. Barclays: Nomura keeps reduce rating and 210p target. Beazley: Nomura ups target from 147p to 165p, neutral rating kept. Hammerson: Jefferies maintains buy rating and 487p target. Home Retail: Numis upgrades t
Read moreFriday broker round-up
20th Jul 2012 10:17
Capita: UBS ups target from 725p to 740p, buy rating unchanged. Euromoney: Peel Hunt downgrades to hold. Gulf Keystone: HSBC upgrades to overweight. Halfords: UBS cuts target from 240p to 205p, neutral rating kept; HB Markets upgrades to buy. Hammerson: Bank of America Merrill Lynch downgrades t
Read moreLondon close: Corporate earnings provide a boost
19th Jul 2012 16:59
- Markets lifted by a series of upbeat earnings - IMF urges Britain to do more - Economic data from the US maybe not as weak as it appears A barrage of upbeat earnings reports from some heavyweight stocks across the US and Europe lifted sentiment today, sending the Footsie to its highest closing le
Read moreFTSE 100 movers: A tale of two companies, Vodafone and Hermes
19th Jul 2012 14:36
Natural gas group BG was under the weather after Credit Suisse downgraded the stock to 'neutral' and cut its target price from 1,660p to 1,500p. Shares in Vodafone have moved into the second to worst spot on the top share index after it became known that Verizon Communications´s conference call ag
Read moreLondon midday: Markets celebrate global corporate earnings
19th Jul 2012 11:45
- Corporate earnings lift sentiment - UK June retail sales meet forecasts as prices drop - Kingfisher falls after rain dampens sales European stock markets were firmly in the blue on Thursday morning on the back a barrage of upbeat quarterly earnings reports from blue chips across the globe. "A co
Read moreThursday broker round-up
19th Jul 2012 09:43
Afren: JP Morgan Cazenove reiterates overweight. Avocet: Westhouse Securities upgrades to buy. Barclays: Goldman Sachs upgrades to neutral, target cut from 250p to 220p. BG Group: Credit Suisse downgrades from outperform to neutral, target cut from 1,660p to 1,500p. British American Tobacco: Inv
Read moreLondon open: Footsie edges higher, but Kingfisher falls
19th Jul 2012 08:23
- Kingfisher leads fallers on the Footsie - Upbeat European earnings lift sentiment - Fed says US expanding at 'modest to moderate' rate UK stocks edged higher in early trading on Thursday on the back of some upbeat earnings reports from heavyweight European stocks AkzoNobel, Sandvik and Novartis.
Read moreLondon pre-open: FTSE to track US and Asian stocks higher
19th Jul 2012 07:41
City sources predict the FTSE 100 will open up 12 points from yesterday's close of 5,686, tracking gains in the US and Asia. Signs of life in the US housing market and further pledges from the Federal Reserve Chairman to provide more stimulus measures should the US economy need it encouraged investo
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