London pre-open: CPI inflation in focus on both sides of the Pond
17th May 2016 07:50
(ShareCast News) - London's top flight index is being called to start the day slightly higher ahead of the release of consumer price inflation data on both sides of the Pond later this afternoon, as markets continue to try and second-guess when the the US central should and will tighten policy again
Read moreLand Securities NAV up, pre-tax profit down
17th May 2016 07:08
(ShareCast News) - Land Securities posted what it described as "strong" preliminary results on Tuesday, with asset values, revenue and earnings all increasing in the 12 months to 31 March. The FTSE 100 commercial property firm reported a basic net asset value per share of 1,482p - up 10.3% - and an
Read moreFriday newspaper share tips: TalkTalk, British Land, Land Securities
13th May 2016 11:52
(ShareCast News) - TalkTalk has recovered nicely following the hacking scandal that hit the company but they've come far enough, absent a takeover offer which is now appears unlikely to materialise, The Times's Tempus said. The biggest worry for shareholders is that the operator might be under th
Read moreFTSE 100 movers: Property drags on buoyant mining
11th May 2016 13:32
(ShareCast News) - The FTSE was underwater but working it was back to dry land late on Wednesday, as the index's raft of heavyweight miners were buoyed by commodity prices. With an hour's trading left in the day, the blue chip index was down 0.1% at 6,150, with property developers causing the bulk o
Read moreFriday broker round-up
29th Apr 2016 12:44
(ShareCast News) - BT Group: UBS upgrades to neutral with a 430p target. Howden Joinery: JP Morgan reiterates overweight with a 570p target. Weir: HSBC upgrades to hold with a target price of 1150p JP Morgan reiterates underweight with a target of 735p and Jefferies stays at underperform with 730p
Read moreFriday newspaper share tips: British Land, Land Securities, Sky
22nd Apr 2016 11:33
(ShareCast News) - The cycle in the UK property market was turning, The Daily Telegraph's Questor said, leading the tipster to advise readers to 'sell' real estate investment trusts. Investors would therefore be well-advised to heed the signals that the high had been reached for this cycle and get o
Read moreExane upgrades Great Portland as UK commercial property 'oversold'
16th Mar 2016 14:54
(ShareCast News) - Analysts at Exane BNP Paribas highlighted potential upside at British property specialist Land Securities, British Land and Derwent London on its confidence that the UK will vote to remain in the European Union in June. Exane said a maturing UK cycle means this trade will be short
Read moreFTSE 100 movers: Miners lead index back over 6000
22nd Feb 2016 14:16
(ShareCast News) - The FTSE 100 was back over 6,000 points on Monday, with the index up 106.09 points (1.78%) to 6,056.32. Miners led the market as commodity price were boosted following the recent rally in global equities. Anglo American was at the top of the list on reports that the company may s
Read moreSuday share tips: Green Dragon Gas, British Land, Land Securities, Braemar Shipping
24th Jan 2016 14:46
(ShareCast News) - Green Dragon Gas was a 'buy' tip for Midas in the Mail on Sunday. Yes, oil prices is tumbling and China's growth is slowing, but gas prices are more stable and this Chinese gas producer is expected to enjoyed rocketing revenues and profits in the coming years from its gigantic acr
Read moreLand Securities proves robust in third quarter
21st Jan 2016 07:46
(ShareCast News) - Third quarter results from Land Securities displayed the continuing demand for its property developments and ongoing health of the London letting market. The FTSE 100 company, which will pay a third interim dividend of 8.15p per share on 8 April, made £450.5m of disposals during t
Read moreFTSE 100 movers: Reports Rolls-Royce reps to meet major shareholder
7th Dec 2015 14:09
(ShareCast News) - The FTSE 100 started the week in the green, up 14.06 points (0.23%) to 6,252.35 by mid-afternoon Monday. Rolls-Royce Holdings led the charge after a report from Sky News that senior representatives of American fund ValueAct will meet the president of Rolls-Royce's aerospace divisi
Read moreBroker tips: Equiniti, Kingfisher, Next, British Land, Land Securities
7th Dec 2015 13:52
(ShareCast News) - Equiniti was "far more" than a registrar and could look forward to profitable growth, a top broker said at the start of the week. It was a leader in growth markets, with the potential addressable market forecast to grow at a compound annual growth rate of 6% over 2014-19, Credit S
Read moreDeutsche Bank re-evaluates real estate sector
7th Dec 2015 11:29
(ShareCast News) - Deutsche Bank has upgraded Land Securities from 'hold' to 'buy' and downgraded British Land Company from 'buy' to 'hold' as it re-evaluates the UK real estate sector. The investment bank said in its industry update on Monday that the sector is close to high cycle conditions. "We
Read moreLand Securities posts rise in first half NAV but profit drops
10th Nov 2015 07:35
(ShareCast News) - Property developer Land Securities reported a 5.7% jump in first half net asset value per share thanks to a solid performance in London lettings and its retail portfolio, although pre-tax profit fell. For the six months to the end of September, adjusted diluted NAV per share - whi
Read moreLondon close: Losses in tech space, commodity weakness weigh on Footsie
22nd Jul 2015 18:21
(ShareCast News) - Weak guidance and earnings from global tech giants Apple and Microsoft together with renewed heavy falls in the commodity space dragged on the top flight index. The FTSE 100 skidded lower by a hefty 1.5% or 101.73 points to reach 6,667.34, while the FTSE 250 ended the session down
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