FTSE 100 movers: Insurers lead upside after recent falls
4th Apr 2014 14:43
Insurance groups RSA, Resolution and Aviva all made decent gains, bucking the trend of recent times, hit by both the Budget statement and the Financial Conduct Authority's plans to review old insurance policies. Pearson was higher after Jefferies upgraded the publisher to 'buy' and raised its targ
Read moreLondon midday: Markets in positive mood ahead of US jobs data
4th Apr 2014 11:33
- Expectations high for US non-farm payrolls - 200k increase expected in March, jobless rate seen lower - easyJet traffic grows, RBS appoints new CFO - Retailers fall, including Tesco and M&S techMARK 2,774.68 +0.14% FTSE 100 6,678.29 +0.44% FTSE 250 16,414.01 +0.40% UK stock markets were putting
Read moreLondon open: Stocks rise ahead of US jobs report
4th Apr 2014 08:42
- Non-farm payrolls in focus - easyJet traffic up 4.8 per cent in March - RBS appoints Credit Suisse banker as CFO techMARK 2,772.13 +0.05% FTSE 100 6,672.25 +0.35% FTSE 250 16,391.84 +0.26% UK stocks opened with small gains on Friday morning ahead of the all-important US non-farm payrolls report
Read moreTesco Finance Director might be checking out
3rd Apr 2014 19:16
Some of the UK's largest grocers have been having a hard time of it over the last few years, forcing management teams to rethink their strategies, be it due to the financial crisis, higher food prices (until recently), the advent of digital marketing and distribution strategies or failed adventures
Read moreFTSE 100 movers: Fresnillo climbs on broker upgrade
2nd Apr 2014 15:35
Fresnillo was a strong riser following RBC Capital's decision to upgrade the stock from a 'sector perform' to an 'outperform'. BHP Billiton and Randgold were also rising strongly. Marks & Spencer charged higher on news it is planning to open 250 more stores overseas over the next three years. Chie
Read moreWednesday broker round-up UPDATE
2nd Apr 2014 08:48
Aberdeen Asset Management: Canaccord Genuity reduces target price from 540p to 460p, while its buy recommendation is kept. Anglo American: JP Morgan ups target price from 1260p to 1300p, while leaving its underweight rating unchanged. Aviva: JP Morgan raises target price from 528p to 570p maintain
Read moreSector movers: Drink and supermarket stocks fall
1st Apr 2014 14:15
Beverages and food retailing were among the worst performing sectors on Tuesday in London after gloomy comments from analysts weighed on Peroni maker SABMiller and supermarket giant Tesco. SABMiller was down 0.7% at 2,974p this afternoon, continuing to pull back after hitting a two-month high on Fr
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreBellway Chairman sells share post transfer after strong results
27th Mar 2014 16:01
On the same day that it reported a stellar set of half-year results, the Executive Chairman of UK residential property developer Bellway, Ted Ayres, disposed of 12,276 shares. The stock was part of a larger batch of shares transferred to Ayres from the company's employee share option scheme for a c
Read moreFTSE 100 movers: Lloyds climbs on rating upgrade
24th Mar 2014 15:48
Investec has upgraded its rating for Lloyds Banking Group from 'hold' to 'buy', telling investors that "it is safe to go back in the water", prompting a strong rise in the share price. "After a 10% 10-week pull-back, we again see reasonable value for a low-risk stock. Upgrade to 'buy'," the broker
Read moreFriday broker round-up UPDATE
21st Mar 2014 09:36
Anglo American: Nomura reduces target price from 1550p to 1475p and retains a neutral rating. Antofagasta: Nomura cuts target price from 800p to 720p and stays with its reduce rating. Canaccord Genuity reduces target price from 1030p to 880p, while its buy recommendation is kept. ASOS: UBS reduces
Read moreTuesday tips round-up: Morrison, Taylor Wimpey, Barrat Developments
18th Mar 2014 07:21
The dividend payment at Morrison is expected to be only slightly covered by earnings going forward as the supermarket operator slashes its prices to take on rivals, such as discounters Aldi and Lidl. In fact, the firm announced a five per cent increase in its dividend pay-out despite the fact that u
Read moreMorrison directors pick up shares following last week's sell-off
17th Mar 2014 15:57
Following last week's disappointing results, the board members at WM Morrison have put their hands in their pockets to give a show of faith in the supermarket's investment prospects. The most notable buyer was Chairman Sir Ian Gibson, who acquired 19,695 shares, taking his total holding to 127,750
Read moreMorrison employee arrested for alleged payroll theft
17th Mar 2014 13:36
Morrison Supermarket's said an employee was arrested on Monday morning for allegedly stealing details of staff salary and bank accounts, which were published online last week. The supermarket chain is working in collaboration with West Yorkshire Police in the investigation of the claims. Morrisons
Read moreLondon midday: Stocks snap six-day losing streak after Crimea vote
17th Mar 2014 11:36
- Crimea votes to rejoin Russia - Russia-West tensions high after referendum - Housebuilders rise on Help to Buy, housing data - Glencore Xstrata leads miners higher, Vodafone gains techMARK 2,783.12 +0.64% FTSE 100 6,551.58 +0.36% FTSE 250 16,237.65 +0.70% UK stocks were performing well on Monday
Read more