Broker tips: Lloyds Banking, Aviva, Michael Page
1st Mar 2010 13:18
Nomura Securities remains negative on Lloyds Banking despite regarding the recent results from the lender as 'incrementally positive'. The broker thinks the short-term negative reaction to the results could yet flip-flop, but longer term it remains 'negative towards Lloyds owing to asset quality, f
Read moreBroker snap: Sell Lloyds into strength
1st Mar 2010 12:04
Nomura Securities remains negative on Lloyds Banking despite regarding the recent results from the lender as 'incrementally positive'. The broker thinks the short-term negative reaction to the results could yet flip-flop, but longer term it remains 'negative towards Lloyds owing to asset quality, f
Read moreHSBC boss to give bonus to charity
28th Feb 2010 12:01
HSBC chief executive Michael Geoghegan will break ranks with his rivals at other UK banks and accept a £4m bonus for last year, but immediately hand it onto charity. HSBC has received no state support during the banking crisis and feels it should be allowed to make its own decisions on remuneration
Read moreSunday tips round-up: RBS, Lloyds, SSL
28th Feb 2010 11:55
For income investors, Royal Bank of Scotland's inability to pay dividends due to EU state aid rules makes it far from attractive, but for those prepared to take a long-term view and hitch a ride alongside the UK government, then the stock could make an interesting addition. Buy says the Telegraph.
Read moreLondon close: Blue chips surge forward
26th Feb 2010 16:52
Footsie surged forward and closed in buoyant mood as buyers returned across a number of sectors despite disappointment with Lloyds Banking's results. Serco remains the best performer among Footsie stocks. The outsourcing group increased the dividend by a quarter as it ramped up profits by almost a
Read moreLondon afternoon: Stocks belcamed at higher levels
26th Feb 2010 14:23
Leading shares traded sideways over the lunchtime session, lacking any sort of lead from Wall Street, which is expected to open mixed as traders struggle through the snow storm engulfing New York to get into work. Serco remains the best performer among Footsie stocks. The outsourcing group increase
Read moreLondon midday:Stocks off the top
26th Feb 2010 12:22
Hopes that Footsie would claw back all of yesterday's losses look less likely to be realised after share prices came off the top late in the morning, though most stocks are still trading in positive territory. Serco remains the best performer among Footsie stocks. The outsourcing group increased t
Read moreLondon open: Footsie makes bright start
26th Feb 2010 08:50
London's blue chips have made a bright start after the late pick-up on Wall Street overnight, even though there is some disappointment with the figures from Lloyds Banking. The state-controlled bank joined sector peers Barclays and Royal Bank of Scotland in reporting better than expected figures.
Read moreLondon pre-open: Stellar gains ahead
26th Feb 2010 07:37
London's blue chips are expected to open sharply higher, with banking shares likely to be in focus after Lloyds reported full-year figures. Traders anticipate a 60 points gain when the market opens. Lloyds Banking joined sector peers Barclays and Royal Bank of Scotland in reporting better than expe
Read moreLloyds trims 2009 loss
26th Feb 2010 07:02
Lloyds Banking joined sector peers Barclays and Royal Bank of Scotland in reporting better than expected full-year figures. The part-nationalised lender reported a pre-tax loss of £6.3bn in the year ended 31 December compared with £6.71bn last time. Total income rose to £23.96bn from £21.36bn last
Read moreFriday preview: Lloyds' turn on the stand
25th Feb 2010 17:08
Lloyds Banking finally gets its turn at bat on Friday now that sector peers Barclays and Royal Bank of Scotland (RBS) have left the crease. After both peers delivered better than expected figures the pressure will be on Lloyds' chief executive Eric Daniels to justify the £2.3m bonus he elected not
Read moreLondon close: Overseas concerns sink Footsie
25th Feb 2010 16:28
Blue chips closed sharply lower as fears about Greece resurfaced and US dole claimant figures were worse than expected. On a busy day for big company results RBS hogged the headlines. The part-nationalised bank saw its net attributable loss narrow markedly in 2009 with fourth quarter impairments 5%
Read moreLondon afternoon: Footsie heads south
25th Feb 2010 14:23
The Footsie sank below last night's closing level over the lunch time session, weighed down by weak miners. On a busy day for big company results RBS continues to hog the headlines. Though off the top, the share price is still sharply higher after the part-nationalised bank saw its net attributable
Read moreLondon midday: Footsie flatlines
25th Feb 2010 11:45
London's top stocks have retreated from the gains sparked by Royal Bank of Scotland's numbers. RBS shares are up by more than 6% after the part-nationalised bank saw its net attributable loss narrow markedly in 2009 with fourth quarter impairments 5% lower than the third quarter. Net attributabl
Read moreLondon open: Miners offset RBS rally
25th Feb 2010 08:12
London's top stocks opened lower despite a set of despite figures from RBS suggesting there is light at the end of the tunnel for the bank. The drop comes even though Royal Bank of Scotland's shares jumped by more than 6% after the open. The part-nationalised bank saw its net attributable loss na
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