Exane 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
Read moreLand Securities makes good start to the year
22nd Jul 2015 08:48
(ShareCast News) - Land Securities has had a solid start to the year and is maintaining good momentum, with healthy take-up in London, low vacancy rates and rental values rising. In an interim statement for the first quarter, Land Securities said it sold £59m of properties in the first quarter, whil
Read moreLondon pre-open: Stocks to open lower as investors await fresh catalysts
22nd Jul 2015 08:25
(ShareCast News) - UK stocks are expected to open lower on Wednesday, tracking declines in the US and Asia, as investors await fresh impetus following recent gains. City sources expect the FTSE 100 to open 24 points lower than Tuesday's close at 6,745.07. "There's little in the way of new catalysts
Read moreLondon close: Stocks drop on lack of fresh Greek proposals
7th Jul 2015 16:37
Failure by Greece to present a new cash-for-reforms package to Eurozone finance ministers sent UK stocks firmly lower on Tuesday, with heavyweight mining shares bearing the brunt of an aversion to risk and sell-off in metal prices. Despite hopes that Athens would table a new plan an at emergency sum
Read moreBroker tips: ARM Holdings, Lloyds, Rolls-Royce, Land Securities
7th Jul 2015 16:32
Shares in chipmaker ARM Holdings have been boosted after Morgan Stanley upgraded the stock to 'overweight' from 'equalweight' and raised its share price target to 1,180p from 980p. The bank said that concerns around a slowdown of the smartphone market have created a buying opportunity for ARM, notin
Read moreFTSE 100 movers: Defensives gain, miners sold off as risk appetite wanes
7th Jul 2015 15:16
Defensive sectors such as real estate and pharmaceuticals were performing well while commodity stocks were falling on Tuesday, with investors reducing their appetite for risk as European leaders met in Brussels to discuss Greece's future. Stocks which tend to hold up better in times of economic inst
Read moreLand Securities tops FTSE 100 on UBS upgrade
7th Jul 2015 13:10
Land Securities rose to the top of the FTSE 100 after UBS upgraded the stock to 'buy' from 'neutral' and raised the price target to 1,425p from 1,300p. Analysts at the bank noted how the stock has been trading very tightly around net asset value for the past few years, but in recent months has de-ra
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