1st Feb 2013 07:55
Afren: HSBC shifts target price from 190p to 200p, while reiterating an overweight rating. Antofagasta: Exane BNP reduces target price from 1500p to 1350p maintaining an outperform rating. Antrim Energy: Westhouse Securities lowers target price from 70p to 65p and reiterates a buy recommendation.
Read more31st Jan 2013 09:01
The Paragon Group of Companies reported Thursday a 16.7 per cent increase in operating profits for the last three months of 2012. The FTSE 250 provider of mortgages and personal loans said its financial performance was in line with management's expectations with operating profits of £23.7m, compare
Read more14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read more4th Dec 2012 16:50
- Democrats, Republicans wrangle over 'fiscal cliff' - Europe talks about bank supervisor - Defensives gain, resources fall The FTSE 100 swung between gains and losses for most of Tuesday's session to finish the day broadly flat as ongoing concerns about the US budget and developments in the Euroz
Read more4th Dec 2012 15:48
ITE Group led the charge after it said revenues were up 11 per cent in the last year and good trading conditions had continued into the new financial year. Westhouse Securities raised its target price for the conference and exhibition organiser from 245p to 261p, while Numis raised its target price
Read more3rd Dec 2012 16:52
- US manufacturing sector in contraction - Chinese and India data lifts markets early on - Banking fall after BoE FLS details The FTSE 100 index was set to finish Monday's session with decent gains until a worse-than-expected reading of US manufacturing caused markets across Europe to trim gains by
Read more3rd Dec 2012 15:41
Cable & Wireless Communications surged on Monday after agreeing to sell the majority of its businesses in its Monaco & Islands division as it attempts to scale back its geographic footprint and pay down debt. CWC is selling the assets to Bahraini telecoms firm Batelco Group for an enterprise value
Read more3rd Dec 2012 11:35
- Chinese and Indian PMIs improve - UK manufacturing PMI beats forecasts - Miners provide a lift in London The Footsie had held on to gains by Monday lunchtime after some decent manufacturing figures from China and India, though the mood was cautious on the back of uncertainties surrounding the US
Read more3rd Dec 2012 08:18
UK stocks opened in positive territory on Monday morning following some upbeat economic data from China and India, but gains were only moderate with the focus likely to be on Greece as Eurozone finance ministers meet in Brussels. The final reading for the HSBC China purchasing managers' index (PMI)
Read more3rd Dec 2012 07:27
The FTSE 100 index is expected to open with moderate gains on Monday morning after upbeat manufacturing figures from China released this weekend. City sources predict that the Footsie will open around 5,875 to 5,880, up from Friday's close of 5,867. The final reading for the HSBC China purchasing
Read more3rd Dec 2012 07:06
Mortgage provider Paragon Group of Companies backed up press speculation on Monday morning by confirming that it is thinking about acquiring small private bank Hampshire Trust. The Sunday Times reported yesterday that the buy-to-let lender was in discussions with Hampshire Trust over a deal that wo
Read more2nd Dec 2012 17:44
America´s largest airline is plotting to take control of Virgin Atlantic after making a secret approach to the British carrier's big Asian shareholder. Delta Air Lines is understood to have offered to buy Singapore Airlines' 49 per cent holding in Virgin. If it succeeds, Delta's European partner, Ai
Read more23rd Nov 2012 16:45
- FTSE 100 gains 3.8 per cent higher on the week - German and French confidence data beats expectations - EU summit ends with deadlock After a subdued start, UK stocks rallied in afternoon trade on Friday with decent economic figures from Germany and France lifting the mood. The positive finish h
Read more23rd Nov 2012 15:40
Platinum miner Lonmin was among the heaviest fallers on the second-tier FTSE 250 index on Friday afternoon following some bearish comments by UBS this morning. The Swiss broker slashed its target price for Lonmin's shares from 260p to 240p and reiterated its 'sell' recommendation on the back of low
Read more21st Nov 2012 07:10
Avocet Mining: Goldman Sachs downgrades from neutral to sell. Barr (AG):Numis upgrades to add with a traget price of 525p. British Land: Morgan Stanley raises target price from 540p to 570p and upgrades to overweight. Jefferies raises target price from 554p to 561p, hold recommendation maintained.
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