FTSE 100 movers: Sports Direct regains recent lost ground
16th Apr 2014 13:45
Sports Direct, IAG and Ashtead have all been under heavy selling pressure over the past week as investors took profits following some impressive gains over the last year. These stocks, however, were performing well today with Sports Direct the stand-out performer, rising more than 6% after Bank of
Read moreLondon midday: Sports Direct, Burberry and Tesco lead markets higher
16th Apr 2014 11:30
- Sports Direct gains as momentum stocks recovery - Tesco, Burberry and Persimmon impress with results - UK unemployment declines, China data mixed - Ukraine crisis escalates techMARK 2,642.64 +0.45% FTSE 100 6,562.09 +0.31% FTSE 250 15,694.83 +0.67% A recovery by so-called 'momentum' stocks and a
Read moreLondon open: Stocks bounce off three-week low as Tesco gains
16th Apr 2014 08:42
- Tesco, Hargreaves, Burberry and Persimmon rise after updates - Momentum shares bounce back after recent falls - Chinese data mixed, growth slows - Global economic data in focus today techMARK 2,648.70 +0.68% FTSE 100 6,577.56 +0.55% FTSE 250 15,701.67 +0.71% UK stocks rose strongly on Wednesday
Read moreThursday broker round-up UPDATE
20th Mar 2014 09:19
Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell. Investec cuts target price from 753p to 726p keeping its sell recommendation. Ashmore Group: HSBC Holdings lowers target price from 410p to 400p retaining its overweight rating. Avacta Group: Numis shifts target
Read moreAdmiral Chairman reduces interest after wife makes share sale
6th Mar 2014 15:50
The wife of the Chairman of Admiral this week sold 1.2m pounds-worth of shares on the same day the insurance giant cheered with an in-line set of full-year results. The 1,500p-a-share sale reduced Alastair Lyons's interest by 80,000 shares to 312,152. The disposal took advantage of the recent ri
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read moreThursday tips round-up: Dignity, Melrose, BBA Aviation
6th Mar 2014 07:27
Since its flotation in 2004 funeral provider Dignity has seen revenues rise by 7.3 per cent per year and a steady 16 per cent rate of increase in its earnings per share. Furthermore, it has room to grow, the Government Actuary Department projects the rate of deaths in the UK to rise from 2015 onward
Read moreLondon close: Negative finish amid profit taking
5th Mar 2014 16:50
- FTSE closes 48 points lower - Ongoing concerns about Ukraine - Poor corporate earnings weigh heavily techMARK 2,899.18 -0.76% FTSE 100 6,775.42 -0.71% FTSE 250 16,614.35 -0.51% It was another negative finish in the City today, as investors engaged in a round of profit taking amid the ongoing cri
Read moreFTSE 100 movers: Admiral climbs on profit jump, Melrose slumps
5th Mar 2014 14:26
Investors cheered an in-line set of full-year results from insurance giant Admiral, as the group increased profits by seven per cent despite revenues falling eight per cent. Randgold Resources rose after Nomura raised its target price from 4,600p to 6,000p and upgraded the stock to 'buy'. Nomura a
Read moreBroker tips: Housebuilders, Melrose, Intertek, SOCO International
5th Mar 2014 13:10
Credit Suisse has downgraded its rating for the UK housebuilding sector from 'overweight' to 'market weight', telling investors that it is time to take profits. "To be absolutely clear we are not calling the top of the UK housing cycle, rather we are calling the top of the equity story, as we belie
Read moreMelrose shares drop on 'challenging' sales growth in 2014 - UPDATE
5th Mar 2014 10:27
- Sales growth 'challenging' in 2014, shares fall - 2013 headline profits almost double to 226m pounds - Company 'ready and keen to buy again' Melrose saw profits almost double in 2013 but its share price fell sharply on Wednesday after the conglomerate gave a cautious outlook for the current year.
Read moreWednesday broker round-up UPDATE
5th Mar 2014 10:02
Abcam: Investec reduces target price from 552p to 480p and reiterates its buy recommendation. Numis upgrades from hold to buy with a target price 510p. Advanced Medical Solutions: Canaccord Genuity shifts target price from 94p to 101p and keeps a hold recommendation. African Barrick Gold: Nomura r
Read moreNumis downgrades Melrose to 'reduce', sees downside risk
5th Mar 2014 09:24
Numis Securities has downgraded its rating for industrial conglomerate Melrose from 'hold' to 'reduce', saying it sees downside risk to the current share price despite the company's strong annual results on Wednesday. Analysts pointed out that the stock is the second most expensive in the UK engine
Read moreLondon open: Stocks edge lower as investors await data
5th Mar 2014 08:28
- Stocks pull back after strong rise - Tensions ease between Russia and Ukraine - Investors await host of economic data techMARK 2,915.70 -0.19% FTSE 100 6,810.51 -0.19% FTSE 250 16,667.83 -0.19% UK markets opened slightly lower on Wednesday morning as investors watched geopolitical developments
Read moreLondon pre-open: Stocks set for decline despite record US finish
5th Mar 2014 07:18
- Strong finish in US with S&P at record high - FTSE to open lower - Focus on US ADP jobs survey UK stocks are set to open lower today, despite another record performance by the S&P 500 in the US as well as strong gains in Japan overnight. City sources predict the FTSE 100 will open 19 points bel
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