Tuesday broker round-up - UPDATE
22nd May 2012 09:26
Chamberlin: Charles Stanley maintains buy rating and 175p target. easyJet: Investec upgrades from hold to buy, target hiked from 500p to 670p. HomeServe: Charles Stanley cuts target from 290p to 250p, rating under review; Jefferies maintains underperform rating and 195p target. Inmarsat: UBS cut
Read moreMonday broker round-up
21st May 2012 09:23
Aegis: Macquarie downgrades from neutral to underperform. British Land: Investec keeps buy rating and 540p target. BTG: Jefferies reiterates buy rating and 410p target. Informa: Investec maintains buy recommendation and 495p target. ITE Group: Investec keeps buy rating and 260p target. Kingfish
Read moreLondon close: Footsie drops one per cent after gloomy data
2nd May 2012 16:38
- US ADP data well below expectations - Eurozone manufacturing, employment figures weigh on sentiment - Banks, miners among worst performers in London The Footsie finished close to its lowest levels of the day on Wednesday, nearly erasing its impressive rise the day before, as some worse-than-expec
Read moreLondon midday: Eurozone data dampens sentiment
2nd May 2012 11:42
- Eurozone jobless rate matches 1997-high - Eurozone manufacturing takes a hammering - Banks among the fallers, StanChart falls after first-quarter update London's blue chips slumped on Wednesday morning while most other major European markets traded moderately higher as they reacted to yesterday's
Read moreLondon close: Stocks plummet on Eurozone fears
4th Apr 2012 16:31
- Miners lead fallers as commodity prices fall - ECB keeps rates on hold, Fed quashes QE3 hopes - Spanish, Italian yields soar No stocks finished in positive territory on Wednesday as Eurozone concerns and fading hopes of additional stimulus in the US fuelled a mass sell-off. The Footsie managed to
Read moreThursday broker round-up - UPDATE
29th Mar 2012 09:29
Advanced Medical Solutions: Investec upgrades from hold to buy, target lift at 97p. Antofagasta: UBS downgrades from neutral to sell, target cut from 1,150p to 1,050p. Aquarius Platinum: UBS cuts target from 160p to 155p, neutral rating unchanged. BHP Billiton: UBS cuts target from 2,600p to 2,50
Read moreMears Chairman sells all of his ordinary shares
23rd Mar 2012 15:39
Bob Holt, Chairman of Mears, a social housing maintenance firm, has exercised share options for over 1,500,000 ordinary shares and subsequently sold two million shares - his entire holding of ordinary shares in the firm. He sold the shares for 250p each for a total of £0.5m. 56-year-old Holt has
Read moreFriday broker round-up
23rd Mar 2012 09:23
Aviva: UBS raises target from 380p to 450p, buy rating unchanged. British American Tobacco: Jefferies ups targets from 3,340p to 3,600p, buy recommendation maintained. Bunzl: Jefferies reiterates underperform rating and 845p target. Imperial Tobacco: UBS raises target from 2,545p to 2,745p, buy r
Read moreLondon close: Stocks slump on global manufacturing data
22nd Mar 2012 16:57
- PMIs disappoint from China and Eurozone - Miners down on demand concerns, Randgold plummets on Malian military coup - Broker downgrades weigh on stocks After a steep fall early on, London's blue chips traded broadly sideways for the remainder of the day as gloomy economic data weighed on senti
Read moreFTSE 100 movers: Rangold Resources down on reports of military coup
22nd Mar 2012 14:22
Shares in gold miner Randgold Resources sank into the bottom spot on the back of reports of a military coup in Mali, the country where two of its three main projects are located. According to media reports, rebel troops have taken over Malian state radio and television and have announced that they
Read moreLondon midday: Macro data weighs on stocks
22nd Mar 2012 11:43
- PMIs disappoint from China and Eurozone - Miners down on demand concerns, Randgold plummets on Malian military coup - Broker downgrades weigh on stocks The Footsie was firmly lower by lunchtime as a result of heavy losses in the mining sector on the back of some gloomy economic data from China.
Read moreThursday broker round-up
22nd Mar 2012 09:58
AMEC: JP Morgan Cazenove downgrades from overweight to neutral, target lifted from 1,252p to 1,344p. AstraZeneca: Liberium Capital upgrades from sell to buy, target lifted from 2,700p to 3,100p. British Land: Espirto Santo downgrades from buy to neutral. Capital Shopping Centres Group: Societe Ge
Read moreLondon open: Stocks slump on Chinese manufacturing data
22nd Mar 2012 08:33
- Chinese data dampens sentiment - Randgold plummets on Malian troubles - Broker downgrades weigh on AMEC, REIT stocks The Footsie sank in early trading on Thursday with the miners providing a drag after the release of more disappointing economic data from China. Chinese factory activity register
Read moreKingfisher swoops to conquer
22nd Mar 2012 08:19
The final year of do-it-yourself (DIY) retailer Kingfisher's 'Delivering Value' initiative did what it says on the tin, with the full year dividend up by a quarter. The group announced a 23.8% increase in the final dividend to 6.37p from 5.145p the year before, making the total payment in respect o
Read moreLondon pre-open: Stocks take lead from US
22nd Mar 2012 07:43
City sources predict the FTSE 100 will open down five points from yesterday's close of 5,892, taking its lead from stocks in the US. Stocks to watch Fashion retail chain Next said the year to the end of January finished well after 2011 had presented the retail sector with 'the perfect economic s
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