London open: FTSE surprises with retreat early on
28th Feb 2014 08:25
- Feb Consumer Confidence holds steady - House prices rise at fastest rate in nearly four years - Yellen comments send S&P 500 to record high techMARK 2,904.42 +0.08% FTSE 100 6,808.29 -0.03% FTSE 250 16,595.16 +0.44% The FTSE ignored record gains in the US to inch lower early on, as investors gea
Read moreLow costs drive record 2013 results for Mondi
28th Feb 2014 07:38
Mondi Group, the international packaging and paper company, delivered a strong rise in annual pre-tax profit, driven by low costs and exposure to higher growth markets. On a 12% rise in revenue to €6,476m, pre-tax profit leapt 36% from €368m to €499m. Basic earnings per share rose from 50.1 cents
Read moreThursday broker round-up UPDATE
20th Feb 2014 08:49
Anglo American: Jefferies increases target price from 1450p to 1700p maintaining a neutral rating. BHP Billiton: Jefferies takes target price from 2300p to 2400p and stays with its buy recommendation. Big Yellow Group: Jefferies raises target price from 540p to 618p and retains a buy recommendatio
Read moreLondon midday: Stocks slip after surprise increase in jobless rate
19th Feb 2014 11:41
- UK jobless rate rises to 7.2 per cent, above estimates - MPC votes unanimously to leave policy unchanged - Ex-div stocks provide a drag on FTSE - Sports Direct jumps after Q3 update techMARK 2,855.22 -0.93% FTSE 100 6,761.33 -0.52% FTSE 250 16,233.58 -0.66% UK markets pulled back from a four-w
Read moreLondon open: Stocks pause at four-week high ahead of data, BoE minutes
19th Feb 2014 08:16
- Markets at highest since January 22nd - UK labour-market data due out, BoE minutes - Sports Direct, M&S, BAE Systems lead the upside - Ex-div stocks weigh techMARK 2,878.02 -0.14% FTSE 100 6,798.45 +0.03% FTSE 250 16,340.79 -0.01% UK stocks opened more or less flat on Wednesday morning after th
Read moreMondi says full-year underlying profits to exceed 2012
19th Feb 2014 07:06
International paper and packaging group Mondi said it expects underlying profits for the year to December 31st 2013 to be above the 574m euros reported in 2012. The company added that it expected to post a net special item charge of around €74m compared with €92m last time. Mondi said €68m of the 2
Read moreFootsie lifted by Eurozone GDP and miners
14th Feb 2014 16:12
- Eurozone GDP beats expectations - Fresnillo in top spot - UK construction output rises 0.2 per cent in Q4 techMARK 2,831.77 +0.28% FTSE 100 6,663.62 +0.06% FTSE 250 16,110.62 +0.51% The FTSE closed marginally higher today, lifted by figures which revealed better-than-expected growth across the E
Read moreFTSE 100 movers: Fresnillo rises on positive gold outlook
14th Feb 2014 14:18
Precious metals producer Fresnillo rose strongly today, lifted by a prediction from Capital Economics, which said it believes that despite the gold price rising almost 10 per cent since the start of 2014, bullion will see more gains over the course of the year. The research firm said that while th
Read moreSector movers: Metals, financials bear brunt of the sell-off
24th Jan 2014 15:33
Every sector on the UK stock market was either flat or in the red on Friday afternoon as a global rout of equity indices spurred investors to shy away from risk. Rising concerns about a slowdown in China - figures yesterday pointed to a contraction in the manufacturing sector in January - and a sel
Read moreMondi CEO trades in 50,000 shares
2nd Jan 2014 16:34
David Hathorn, the Chief Executive Officer of international packaging and paper group Mondi, on New Year's Eve reduced his stake in the company by 50,000 shares. Hathorn earned £522,600 from the sale after disposing of each share at 1,045.20p. The trade-in comes just two months after the group re
Read moreWednesday broker round-up UPDATE
18th Dec 2013 08:44
Berendsen: Panmure Gordon raises target price from 761p to 917p, while retaining its hold recommendation. British American Tabacco: Nomura cuts target price from 3840p to 3720p, while staying with its buy recommendation. bwin.party: Daniel Stewart reduces target price from 173p to 146p, while its
Read moreFTSE 100 movers: Aggreko, CRH, Mondi
16th Dec 2013 14:17
Aggreko was the biggest riser on Monday after the temporary power and temperature control group said it now expects full-year results to be slightly higher than previous expectations. Analysts at Investec said investors "should be able to sleep slightly easier tonight" after a "welcome" trading up
Read moreWednesday broker round-up UPDATE
27th Nov 2013 09:14
Aviva: Nomura moves target price from 474p to 489p retaining a buy recommendation. Bellway: Numis upgrades to buy with a target price of 1690p. Breedon Aggregates: Jefferies starts with a target price of 42p and a buy recommendation. Britvic: UBS ups target price from 575p to 600p and keeps a neu
Read moreAPR Energy directors sell over 10m pounds-worth of shares
12th Nov 2013 15:58
Power solution provider APR Energy on Tuesday announced large share sales by two of its Non-Executive Diectors. Selling at 1,100p a piece, Matthew Allen, traded in 563,224 shares, while Edward Hawkes, who is also a founder of the company, disposed of 416,113. They pocketed £6.2m and £4.6m, respec
Read moreFTSE 100 movers: BSkyB and ITV hit by BT's big win
11th Nov 2013 14:42
In a major blow to BSkyB and ITV, telecoms group BT confirmed that it has won the exclusive rights to broadcast live the UEFA Champions League and UEFA Europa League for three seasons. This is the first time a single UK broadcaster has won the rights to all matches from both tournaments; Sky and ITV
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