London midday: Miners gain on euro risk aversion
26th Oct 2011 12:00
The Footsie traded sideways in morning trade, as investors cautiously await today's key EU summit. Markets will be vigilant to any developments in the Eurozone during today's session, but many are expecting European leaders not to provide the "comprehensive solution" that they had initially promised
Read moreBroker snap: Next falls after Deutsche Bank downgrade
26th Oct 2011 11:58
Next was one of the worst performing stocks on the FTSE 100 on Wednesday after Deutsche Bank downgraded the high street giant from buy to hold, saying that it expects share price upside to remain muted until after Christmas. The German broker notes that Next has been the second best performing stoc
Read moreUPDATE: Friday broker round-up
7th Oct 2011 09:28
Premier Foods: Credit Suisse cuts target to 8p from 25p. Compass: Credit Suisse keeps at outperform. EnCore: Royal Bank of Scotland raises target to 70p from 46p. Mouchel: Royal Bank of Scotland lowers target price to 18p form 75p. Hays: UBS keeps at buy, lowers target to 100p from 105p. Smi
Read moreLondon close: Footsie jumps over 3% to finish above 5,100
5th Oct 2011 16:37
The Footsie finished near its intraday highs, as it jumped back towards the 5,100 level, after a modest start on Wall Street. Global sentiment was lifted last night after on the back of comments from the European commissioner for economic and monetary affairs. In an interview with the Financial Ti
Read moreUPDATE: Tuesday broker round-up
20th Sep 2011 13:38
BAE Systems: Societe Generale upgrades to buy, raises target to 330p from 280p. Kesa Electricals: Espirito Santo downgrades to sell, cuts target from 110p to 75p. Wilmington Group: Peel Hunt upgrades to buy. Moneysupermarket.com: Brewin Dolphin upgrades to buy. Barratt Developments: Citigroup up
Read moreLondon close: Triple-digit losses as Euro worries continue
19th Sep 2011 16:50
Shares failed to recover from an early slide as ongoing worries over the Eurozone situation continued to cast a shadow. The FTSE 100 closed down 108 points. Greek Prime Minister George Papandreou has cancelled a planned trip to the US to guide Greece through what could be a critical seven day peri
Read moreLondon midday: Eurozone worries cast a shadow
19th Sep 2011 12:03
London's blue chip index is stuck below 5,300 points as the Eurozone saga rumbles on. Investors seeking a resolution to the problems were disheartened after a meeting of EU finance ministers in Poland on Friday failed to live up to expectations. "There is a firm 'risk-off' tone to the start of the
Read moreLondon open: Banks unwanted as euro worries continue
19th Sep 2011 08:43
London's blue chip index sank below the 5,300 level in the opening minutes on Monday, as the debt crisis in Europe took centre stage again, dampening sentiment. Investors seeking a resolution to the problems were disheartened after a meeting of EU finance ministers in Poland on Friday failed to li
Read moreLondon close: FTSE 100 rises 1% as euro fears ease
14th Sep 2011 16:30
The Footsie finished strongly on Wednesday, gaining over 1%, despite a slow start for US stocks after retail sales were unchanged in August. Stocks were helped on numerous reports of governments riding to the rescue of Europe - such as the BRICs (Brazil, Russia, India, and China) who are said to be
Read moreFTSE 100 Movers: Next leads the risers after strong performance
14th Sep 2011 13:03
Shares were soaring after clothing retail chain Next claimed it has put in a resilient performance in 2011 against a backdrop of rising costs, and said 'retail headwinds are likely to ease as we move into 2012'. Revenue excluding value added tax (VAT) rose to £1,630.3m in the six months to the end
Read moreLondon midday: FTSE 100 buoyant as Next rallies retailers
14th Sep 2011 12:12
The volatility continues with the top share index in the blue now after a weak start. In what it confessed has been a difficult year so far, clothing retailer Next saw half-year sales rise 3% to £1,565m from the year before, while profit before tax jumped 8.5% to £228m. Excluding its Ventura arm, N
Read moreLondon open: FTSE 100 bounces back after early jitters
14th Sep 2011 09:00
The volatility continues with the top share index in the blue now after a weak start. In what it confessed has been a difficult year so far, clothing retailer Next saw half-year sales rise 3% to £1,565m from the year before, while profit before tax jumped 8.5% to £228m. Excluding its Ventura arm, N
Read moreNext Directory continues to shine
14th Sep 2011 07:28
Clothing retail chain Next claimed it has put in a resilient performance in 2011 against a backdrop of rising costs, and said 'retail headwinds are likely to ease as we move into 2012'. Revenue excluding value added tax (VAT) rose to £1,630.3m in the six months to the end of July from £1,587.2m in
Read moreLondon pre-open: Yesterday's gains to dissipate
14th Sep 2011 07:24
Yesterday's gains are set to be given back at the outset, with City sources predicting the FTSE 100 will open down 46 points from yesterday's close of 5,174. In what it confessed has been a difficult year so far, clothing retailer Next saw half-year sales rise 3% to £1,565m from the year before, wh
Read moreWednesday preview: Next, Barratt, Galliford Try, Hargreaves Services
13th Sep 2011 16:13
Fashion retailer Next said last month that total sales rose 3.2% in the first half of the year, as strong growth in online sales offset a moderate decline in its shops. It also said it expects the cost price inflation environment to improve, but given recent market volatility, it will be interesting
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