London pre-open: Stocks expected to pull back after strong gains
17th Jul 2014 07:51
After the strong gains made yesterday and another all-time high on Wall Street last night, UK stocks are expected to pull back slightly on Thursday morning. City sources predict the FTSE 100 will open around 17 points lower than Wednesday's close of 6,784.67 following a 1.1% jump for the index yes
Read moreMayor Boris Johnson drives new laws to release London land for housing
15th Jul 2014 14:38
UK housebuilders are optimistic that the Mayor of London, Boris Johnson, can push legislation through parliament that will accelerate the release of public land in the capital to build new homes. Currently in the rest of England outside London, the Homes & Communities Agency, the national housing a
Read moreBroker tips: Land Securities, BT Group, DS Smith
26th Jun 2014 13:05
Deutsche Bank said that Land Securities' £656m purchase of a 30% stake in shopping centre Bluewater will likely lift valuations of shopping centres across the UK. Land Securities said that overall net initial yield after the expiry of rent-free periods is 4.1%. However, Deutsche Bank estimated th
Read moreLand Secs' Bluewater deal to lift shopping centre valuations, says Deutsche Bank
26th Jun 2014 12:01
Deutsche Bank said that Land Securities' £656m purchase of a 30% stake in shopping centre Bluewater will likely lift valuations of shopping centres across the UK. Land Securities said that overall net initial yield after the expiry of rent-free periods is 4.1%. However, Deutsche Bank estimated th
Read moreLondon 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
Read moreLondon open: UK stocks near two-month low as Iraq fighting escalates
25th Jun 2014 08:32
- Syria carries out airstrikes in Iraq - Ukraine in focus as West considers more sanctions against Russia - US GDP to be revised lower techMARK 2,796.66 -0.44% FTSE 100 6,747.40 -0.58% FTSE 250 15,499.81 -0.30% UK stocks dropped sharply on Wednesday morning with the FTSE 100 trading at levels not
Read moreLand Securities buys 30% of Bluewater shopping centre
25th Jun 2014 07:48
Real estate group Land Securities is spending £656m on a 30% stake in Bluewater, one of the largest shopping centres in the UK. The company, which acquired the interest from Lend Lease, said it is part of its "continued strategic shift of our retail portfolio towards dominance, experience and conve
Read moreLondon pre-open: FTSE to track US lower ahead of GDP Q1 revision
25th Jun 2014 07:40
UK stocks are headed for a sharp drop early on following late losses over in the States last night, which saw the Dow Jones suffer triple-digit losses and prompted declines in Asia overnight. City sources predict the FTSE 100 will open around 32 points lower than yesterday's close of 6,787.07. US
Read moreLondon close: Cable slips after dovish MPC testimony
24th Jun 2014 17:01
- MPC members grilled by MPs, sound dovish tone - Iraq tensions, German data weigh on sentiment - Cable falls to 1.6969 techMARK 2,809.07 -0.68% FTSE 100 6,787.07 -0.20% FTSE 250 15,547.21 -0.82% UK stocks erased early gains and ended the session slightly in the red as investors digested dovish c
Read moreLand Securities sells Sunderland shopping centre for £152m
24th Jun 2014 07:25
Property group Land Securities is to sell Sunderland shopping centre, The Bridges, to clients of AEW Europe for £152m. After buying the shopping centre in 1993 and extending it in 2000, Land Securities said the sale price of the 550,000 square-foot site reflects a net initial yield of 6.9%. The Br
Read moreLondon midday: Oil stocks lead markets higher ahead of FOMC
18th Jun 2014 11:48
- FOMC meeting to keep traders cautious - Iraq tensions escalate as rebels attack refinery - BoE in focus amid rate-hike speculation techMARK 2,800.97 +0.23% FTSE 100 6,795.76 +0.43% FTSE 250 15,610.03 +0.16% UK equities rose on Wednesday ahead of a policy decision at the Federal Open Market Commi
Read moreLondon open: UK stocks rise as investors await BoE minutes, Fed
18th Jun 2014 08:29
- Supermarkets, telecoms lift markets higher - Fed in focus ahead of policy decision - BoE minutes closely watch amid rate-hike speculation techMARK 2,801.10 +0.23% FTSE 100 6,787.81 +0.31% FTSE 250 15,598.89 +0.09% UK stocks markets were putting a decent performance on Wednesday, helped by gains
Read moreTuesday 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
Read moreSunday newspaper round-up: RBS, British Land and Hammerson, BT
15th Jun 2014 18:25
Royal Bank of Scotland is in talks with US buyout firm Warburg Pincus about a rescue plan for the lender's troubled Ulster Bank Irish business, the Sunday Times reported. The plan would involve private equity firms injecting capital into Ulster Bank and then merging it with another bank, probably Ir
Read moreFTSE 100 movers: Oil stocks gain as housing stocks dive
13th Jun 2014 15:39
Oil and gas stocks were among the handful of names making gains today as share prices tracked oil prices higher, with Shell, BG Group and BP on the rise. Oil prices have surged to a nine-month high amid growing fears about the situation in Iraq, a major oil producer. United Utilities was one of t
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