Sector movers: Housing and property stocks drop on fears of impending rate hike
13th Jun 2014 14:12
The prospect of a sooner-than-expected rate rise in the UK pushed property stocks and housebuilders lower on Friday, as investors reacted to comments made by policymakers during the Mansion House speeches. Bank of England (BoE) Governor Mark Carney warned on Thursday that the first hike in interest
Read moreLondon midday: FTSE near six-week low as rate-hike speculation sinks housebuilders
13th Jun 2014 11:35
- Housing stocks fall sharply - Carney signals impending rate hike - Osborne acts to cool housing market - Oil stocks track crude higher on Iraq tensions techMARK 2,806.77 -1.40% FTSE 100 6,771.65 -1.04% FTSE 250 15,802.08 -2.01% The increased possibility of a rate hike before the end of the year
Read moreLondon open: Housing stocks weigh as rate-hike expectations increase
13th Jun 2014 08:28
- Housing, property stocks provide a drag - Carney warns of impending interest rate hike - Osborne moves to cool housing market - Oil prices spike on Iraq concerns techMARK 2,830.21 -0.58% FTSE 100 6,817.00 -0.38% FTSE 250 15,984.76 -0.88% Weakness in the housing sector dragged UK stocks lower on
Read moreMonday broker round-up UPDATE
9th Jun 2014 09:43
Aggreko: Panmure Gordon downgrades from buy to hold with a target price of 1748p. API Group: Numis shifts target price from 84p to 85p, downgrading from buy to add. ASOS: Jefferies reduces target price from 6200p to 5700p, while leaving its buy recommendation unchanged. Betfair Group: Investec ra
Read moreMonday broker round-up UPDATE
19th May 2014 07:55
Alent: Numis moves target price from 330p to 340p upgrading to add. AVEVA Group: Westhouse Securities initiates with a target price of 2260p and a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1039p to 1042p and stays with its buy recommendation. Brown (N) Group: J
Read moreFriday broker round-up UPDATE
16th May 2014 08:23
Ashcourt Rowan: N+1 Singer initiates with a target price of 231p and a buy recommendation. Bioquell: N+1 Singer cuts target price from 157p to 112p and downgrades to hold. Boohoo.com: Jefferies initiates with a target price of 68p and a buy recommendation. Capital & Regional: Numis upgrades from
Read moreLondon midday: Markets post small gains amid earnings, ECB speculation
15th May 2014 11:43
- ECB speculation picks up after weak GDP - LSE jumps after strong annual results - Aviva, Old Mutual disappoint with earnings - Thomas Cook leads travel sector lower techMARK 2,781.23 -0.42% FTSE 100 6,889.08 +0.15% FTSE 250 15,857.35 -0.73% UK stocks were fluctuating at 14-year highs on Thursday
Read moreLondon open: LSE leads stocks higher as FTSE 100 extends gains
15th May 2014 08:40
- LSE leads financial stocks higher - Dixons and Carphone announce 3.8bn-pound merger - Data-heavy session ahead - Japanese GDP surges in first quarter techMARK 2,794.14 +0.04% FTSE 100 6,886.04 +0.11% FTSE 250 15,984.75 +0.06% Strong gains from London Stock Exchange (LSE) and a merger between Dix
Read moreLand Securities doubles full-year pre-tax profit
15th May 2014 07:13
- Doubles pre-tax profit, basic NAV up 11.5 per cent - Meeting strong demand in London - Confident outlook, increased dividend Real estate investment trust Land Securities said it is well positioned in a strong property market, amid robust valuation gains and an almost fully-let retail portfolio, a
Read moreThursday preview: LSE and Land Securities report finals
14th May 2014 14:44
London Stock Exchange (LSE) is expected to report annual underlying profit growth of 13 per cent on Thursday following the integration of London Clearing House (LCH) Clearnet, according to Numis. Numis noted that the LSE has undergone significant change following the inclusion of LCH last year. "T
Read moreMPs move ahead with proposals for all-female short-lists for business roles
11th Apr 2014 10:55
UK MPs have taken a step forward with proposals to gain legal clarification on all-female short-lists for business positions in a bid to boost the number of women in Britain's boardrooms. A letter has reportedly been sent to the government's equality body calling for a ruling on whether the propos
Read moreLondon close: FTSE loses steam after earlier gains
10th Apr 2014 16:59
- FTSE closes up 6.36 points at 6,641.97 - Data positive for housing in UK - BoE keeps monetary policy unchanged techMARK 2,719.41 -0.39% FTSE 100 6,641.97 +0.10% FTSE 250 16,148.54 -0.09% Stocks managed to hold onto their gains by the close, but not by much as indices Stateside fell into the red
Read moreFTSE 100 movers: M&S leads the way lower
10th Apr 2014 15:45
With UK sales remaining stubbornly flat, Marks and Spencer stitched together a more encouraging fourth-quarter result, but was nonetheless sat firmly in the bottom spot on the FTSE today. The group said second-half general merchandise gross margin will be down against the previous year, in line with
Read moreSector movers: Real estate, construction stocks gain on positive outlook
10th Apr 2014 13:50
Real estate, construction and materials stocks were performing well on Thursday amid signs of continued robust growth in the UK housing market. House sales across Britain climbed to a six-year high in the first quarter of 2014, with growth spreading "right across the country", according to the Roya
Read moreLondon midday: Stocks near one-month low on China, Ukraine fears
12th Mar 2014 12:00
- Chinese concerns hammer copper prices - Ex-div stocks falls - Prudential gains, G4S slumps - Poundland, Pets at Home in focus techMARK 2,825.81 -0.90% FTSE 100 6,629.89 -0.83% FTSE 250 16,372.49 -0.66% Fears surrounding a slowdown in China and ongoing concerns about Ukraine weighed heavily on st
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