London open: Manufacturing PMIs, FOMC minutes push UK stocks lower
20th Nov 2014 08:31
Weak economic data from China and the Eurozone and a hawkish set of Federal Reserve minutes pushed UK stock markets lower on Thursday morning. The FTSE 100 in London was trading down 0.3% at 6,675 in early deals. The preliminary HSBC purchasing managers' index (PMI) for Chinese manufacturing releas
Read moreBroker tips: Pub companies, IMI, National Grid
19th Nov 2014 12:30
Analysts at Barclays have said a de-rating of UK pub stocks is "very likely" after MPs voted to scrap the 'beer tie', meaning that tenants are now allowed an independent rent review and will be able to buy beer on the open market. "If this passes through the House of Lords and becomes law, this coul
Read moreDeutsche Bank upgrades National Grid to 'hold'
19th Nov 2014 10:28
National Grid shares were given a small boost on Wednesday after analysts at Deutsche Bank lifted their recommendation for the utility stock from 'sell' to 'hold'. They hiked their target price for the shares from 725p to 880p. "Falling bond yields and excellent UK operational performance have conv
Read moreTuesday broker round-up UPDATE
11th Nov 2014 09:55
AdEPT Telecom: WH Ireland moves target price from 170p to 185p, keeping its buy recommendation. Northland moves target price from 165p to 175p and maintains a buy recommendation. Betfair: JP Morgan raises target price from 1175p to 1350p and upgrades from neutral to overweight. BHP Billiton: JP Mor
Read moreSunday share tips: Flybe, National Grid, OPG Power Ventures
9th Nov 2014 15:07
Regional airline Flybe´s fortunes are looking up as it nears a test on whether the new management is as good at growing the business as it has been in pruning loss-making activities. Its new chief executive Saad Hammad seems to be delivering on his promises after slashing 500 jobs and closing unprof
Read moreBerkeley forms property tie-up with National Grid
7th Nov 2014 12:25
Upmarket house-builder Berkeley Group has teamed up with UK power network operator National Grid in a southern England-focused property venture. The pair say the new partnership, to be called St William Homes LLP, will create major housing and mixed-use developments across London and the South East.
Read moreLondon midday: UK stocks rise, but gains trimmed as investors await US jobs data
7th Nov 2014 11:43
UK stocks gained on Friday after Eurozone stimulus hopes and upbeat economic data pushed Wall Street indices to more record highs, but gains were pared slightly by lunchtime as investors waited for the all-important US jobs report. The FTSE 100 was up 0.5% at 6,587 by midday, having touched an intra
Read moreLondon open: UK stocks at one-month high ahead of US jobs report
7th Nov 2014 08:41
The UK stock market was trading at a one-month high on Friday following more record highs on Wall Street, boosted by upbeat US economic data and hopes for more monetary stimulus from the European Central Bank (ECB). However, investors will be keeping a close eye on the upcoming US jobs report on Fri
Read moreLondon pre-open: Positive start expected ahead of US jobs report
7th Nov 2014 07:39
UK stocks were expected to open in positive territory on Friday after hitting a one-month high the previous session on the back of upbeat economic data in the States and hopes for more stimulus in the Eurozone. City sources predict the FTSE 100 will open around 14 points higher than yesterday's clos
Read moreNational Grid on track after first-half profits rise 16%
7th Nov 2014 07:08
British utility group National Grid said it is on track to deliver another year of strong overall returns and dividend growth after a solid first half, with profits rising by 16%. The electricity and gas network operator, with activities in both the UK and US markets, said adjusted pre-tax profit to
Read moreEnergy spare capacity at its lowest level this winter, says National Grid
28th Oct 2014 09:24
The gap between electricity supply and demand is expected to be at historical high levels this year, National Grid has revealed. The Winter Outlook Report said this year's electricity margins have decreased due to planned generator closures and breakdowns. In 2011, spare capacity was at 17%, while
Read moreTuesday broker round-up UPDATE
14th Oct 2014 09:17
Anglo Pacific: FinnCap upgrades to buy with a target price of 158p. Peel Hunt shifts target price from 196p to 198p retaining its buy recommendation. Ashmore: Canaccord Genuity upgrades from sell to hold with a target price of 300p. Numis cuts target price from 369p to 355p retaining an add rating.
Read moreMonday broker round-up UPDATE
22nd Sep 2014 11:28
Avation: WH Ireland shifts target price from 200p to 206p and maintains a buy recommendation BAE Systems: UBS raises target price from 460p to 505p and reiterates a buy recommendation. Centrica: Goldman Sachs ups target price from 385p to 396p leaving its buy recommendation unchanged. Chariot Oil
Read moreLondon midday: UK stocks retreat on rate-hike uncertainty
20th Aug 2014 12:00
- MPC split on rate decision for first time since 2011 - FOMC minutes due out after the close - Ex-dividend stocks, Balfour Beatty weigh on market - Beverage shares hit by Carlsberg results techMARK 2,798.96 -0.07% FTSE 100 6,752.88 -0.39% FTSE 250 15,794.83 -0.63% UK equities retreated from a thr
Read moreLondon open: Stocks snap five-day win streak ahead of central bank minutes
20th Aug 2014 09:00
- MPC, FOMC minutes in focus - FTSE 100 pulls back from three-week high - Balfour drops after rejecting Carillion bid - Glencore announces $1bn buyback techMARK 2,802.00 +0.04% FTSE 100 6,769.90 -0.14% FTSE 250 15,859.07 -0.23% UK stocks snapped a five-day winning streak on Wednesday ahead of the
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