Monday broker round-up UPDATE
2nd Dec 2013 08:22
Aberdeen Asset Management: Credit Suisse raises target price from 465p to 515p and maintains a neutral rating. Admiral Group: Citi moves target price from 1215p to 1220p and retains a neutral rating. AVEVA Group: Numis upgrades to buy with a target price of 2980p. AZ Electronic Materials: Deutsch
Read moreThursday broker round-up UPDATE
28th Nov 2013 08:23
Anglo American: Liberum Capital upgrades to hold with a target price of 1150p. Associated British Foods: Jefferies increases target price from 1750p to 2400p, while staying with its hold recommendation. Beazley: Canaccord Genuity ups target price from 260p to 270p leaving its buy recommendation un
Read moreLondon close: Ex-div stocks weigh as investors await Fed minutes
20th Nov 2013 16:17
- MPC warns of 'uncertainties' to recovery - FOMC in focus ahead of minutes - Ex-div stocks finish firmly lower techMARK 2,626.20 -0.68% FTSE 100 6,681.08 -0.25% FTSE 250 15,178.75 -0.57% UK markets finished firmly lower on Wednesday after a choppy session as investors adopted a cautious approach
Read moreFTSE 100 movers: Ex-divi stocks weigh, Aberdeen lifted by Merrill Lynch
20th Nov 2013 14:40
Ex-div stocks were weighing on the FTSE 100 with Vodafone, Tate & Lyle, Next, Carnival and Sainsbury among the stocks trading without the right to their latest payouts. Drinks group Diageo was also under the weather after Chief Executive Ivan Menezes was reported as saying that the "uncertain" mac
Read moreLondon midday: Markets in the red with BoE, Fed in focus
20th Nov 2013 11:33
- BoE voted unanimously on policy at last meeting - MPC attempts to play down rate-hike fears - Taper in focus ahead of FOMC minutes techMARK 2,627.20 -0.64% FTSE 100 6,670.70 -0.41% FTSE 250 15,181.39 -0.55% UK markets were trading in the red on Wednesday after the Bank of England expressed conce
Read moreThursday broker round-up UPDATE
31st Oct 2013 08:52
African Barrick Gold: Deutsche Bank ups target price from 145p to 190p and retains its hold recommendation. HSBC takes target price from 170p to 200p keeping a neutral rating. JP Morgan raises target price from 140p to 180p and reiterates a neutral rating. Balfour Beatty: Berenberg increases target
Read moreNext raises full-year 2013 EPS guidance - UPDATE
30th Oct 2013 07:17
- Company lifts full year guidance - Strong Next Directory sales during third quarter - Trading remained volatile throughout the quarter High Street clothing and homeware retailer Next reported an increase in third quarter sales, despite ongoing trading volatility, as it upwardly revised its earnin
Read moreTravis Perkins CEO sells 50,000 shares ahead of next year's departure
18th Oct 2013 16:32
The wife of the out-going Chief Executive of Travis Perkins on Thursday sold 50,000 shares on the same day the FTSE 100 builders merchant reported 'encouraging' sales momentum in the third quarter despite challenging conditions in retail markets. The transaction reduced Geoff Cooper's stake in the
Read moreLondon close: FTSE 100 at three-month low as IMF cuts global outlook
8th Oct 2013 16:39
Disappointing economic data and the ongoing US government shutdown sparked a sell-off on London's FTSE 100 on Tuesday, with the index falling to levels not seen in over three months. Meanwhile, as the budget impasse continues in Washington, the International Monetary Fund (IMF) today cut its outloo
Read moreFTSE 100 movers: Retailers hit by BRC figures
8th Oct 2013 15:09
Blue-chip retailers Marks & Spencer, Next and Kingfisher were among the worst performers of the day after data from the British Retail Consortium (BRC) showed that UK retail sales growth slowed for the second straight month in September. According to the BRC, like-for-like sales growth fell to an
Read moreSector movers: Retailers hit by slowing sales growth
8th Oct 2013 14:26
Retail stocks were off shopping lists again on Tuesday as some disappointing economic data prompted concerns about consumer demand. UK retail sales growth slowed for the second straight month in September, the British Retail Consortium (BRC) has revealed. Like-for-like sales growth fell to an ann
Read moreLondon midday: Retailers, miners drag FTSE 100 into the red
8th Oct 2013 11:20
Markets were sharply lower on Tuesday with retailers and miners providing a drag as investors digested a barrage of gloomy economic data and the ongoing government shutdown in the States. The FTSE 100 dipped below the 6,400 mark in morning trade, a level seen as support for London's benchmark index
Read moreLondon open: Markets suffer as US crisis drags on
8th Oct 2013 08:49
The FTSE opened around 15 points lower this morning, tracking steep losses seen in US, as the political brinkmanship over the debt ceiling continued into its second week. Miners, a typically volatile and cyclical sector, were seen taking the brunt of the decline, with retailers - particularly M&S a
Read moreSector movers: Burberry, M&S drag peers lower
7th Oct 2013 15:39
Personal goods and retail stocks were out of favour on Monday with sector giants Burberry and Marks & Spencer providing a drag. Shares in British luxury brand Burberry were under heavy selling pressure after its Chief Executive Officer Angela Ahrendts told French newspaper Les Echos that the slowdo
Read moreThursday broker round-up UPDATE
19th Sep 2013 08:20
ASOS: Canaccord Genuity increases target price from 3400p to 6200p and upgrades to buy. Associated British Foods: Jefferies raises target price from 1650p to 1750p and retains a hold recommendation. Barclays: Alphavalue upgrades from add to buy with a target price of 344.20p. BHP Billiton: Nomura
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