FTSE 100 movers: Prudential climbs on broker rating
4th Feb 2014 15:44
Prudential rose strongly after broker Sanford C. Bernstein reiterated its 'outperform' rating on the stock, which came one day after Societe Generale restated its 'buy' rating on the life insurance and financial services company. Fellow financial Aberdeen Asset Management and Hargreaves Lansdown w
Read moreBroker snap: Goldman sees tough regulation in life insurance
30th Jan 2014 16:08
Investment bank Goldman Sachs expects life insurance regulators to be tough on the industry after meeting with officials from a UK financial watchdog. Goldman analysts who met the Financial Conduct Authority's Long-Term Savings & Pensions Director said in a note that they expected "ongoing regulato
Read moreLondon midday: Stocks hold on to losses as investors weigh Fed, data
30th Jan 2014 11:20
- FTSE 100 at lowest since December 18th - Fed continues to taper, cuts bond purchases by 10bn dollars - Chinese PMI confirms manufacturing contraction - Updates from blue chips come in mixed techMARK 2,760.98 -0.25% FTSE 100 6,524.90 -0.30% FTSE 250 15,650.01 -0.24% The Federal Reserve's decision
Read moreLondon close: Stocks swing into the red as investors weigh emerging markets, Fed
29th Jan 2014 17:00
- Stocks swing sharply into red in afternoon trade - Renewed EM currency volatility follows rate hikes - Wall Street lower ahead of Fed decision - Miners rise after strong updates, Sainsbury boss exits techMARK 2,768.00 -0.48% FTSE 100 6,544.28 -0.43% FTSE 250 15,688.31 -0.18% Market volatility re
Read moreLondon open: Turkish rate hike boosts markets, miners jump
29th Jan 2014 08:22
- Turkey hikes interest rates to halt lira slide - Antofagasta, Anglo American, Randgold rise after updates - Markets await FOMC decision techMARK 2,799.62 +0.65% FTSE 100 6,632.49 +0.92% FTSE 250 15,895.51 +1.14% UK markets opened strongly on Wednesday after the Turkish central bank's decision to
Read moreSunday newspaper round-up: Supermarkets' property, Lloyds, UBM
26th Jan 2014 16:51
US activist investors are plotting to force Tesco, Sainsbury's and Morrisons to split off their property holdings, the Sunday Times reported. The plan, led by activist fund Elliott, would require them to put their property holdings into separate companies and to sell minority stakes on the stock exc
Read moreFriday broker round-up UPDATE
17th Jan 2014 10:05
Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr
Read moreLondon close: FTSE 100 breaks 6,800 to finish at eight-month high
15th Jan 2014 16:36
- Burberry jumps after Q3 growth beats forecasts - Anglo American gains after UBS upgrade - World Bank revises up growth forecasts - FTSE 100 at eight-month high; DAX hits new record techMARK 2,840.71 +0.79% FTSE 100 6,819.86 +0.78% FTSE 250 16,292.94 +0.35% Stocks finished strongly on Wednesday,
Read moreFTSE 100 movers: Hargreaves hit by changes under RDR
15th Jan 2014 14:56
Financial services company Hargreaves Lansdown plunged into the bottom spot today after it said that new rules under the Retail Distribution Review (RDR) would trim revenues by around 9m pounds and would reduce client charges by 8m pounds in the first 12 months and said it will need to gather approx
Read moreLondon midday: FTSE 100 closing in on 6,800 as stocks gain
15th Jan 2014 12:04
- Burberry jumps after Q1 sales growth - Anglo American lifted by UBS upgrade - Credit Suisse prefers life insurers over P&Cs - World Bank raises 2014 growth forecasts techMARK 2,830.56 +0.43% FTSE 100 6,791.80 +0.37% FTSE 250 16,254.51 +0.11% Stocks rose to an eight-month high on Wednesday mornin
Read moreBroker tips: Insurers, Anglo American, Fenner
15th Jan 2014 11:19
Credit Suisse has upgraded its rating for Standard Life from 'neutral' to 'outperform', saying it prefers more "life-orientated" insurers or conglomerate businesses over the property and casualty (P&C) sub-sector. "With much of the rest of the sector trading at relatively fuller valuations and like
Read moreBroker snap: Credit Suisse upbeat about life insurance sector
15th Jan 2014 10:21
Credit Suisse has upgraded its rating for Standard Life from 'neutral' to 'outperform' as part of its review into the European insurance sector. The bank said that insurers' valuations have largely recovered to more "normal levels" after two years of strong sector performance on receding macro conc
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreLondon open: Markets flat ahead of busy week, PMIs in focus
6th Jan 2014 08:15
- Services PMIs on tap, Chinese data weakens - RSA leads financials higher - Retailers in focus ahead of trading update, M&S falls techMARK 2,787.71 -0.03% FTSE 100 6,727.98 -0.04% FTSE 250 16,028.46 +0.05% UK markets opened broadly flat on Monday morning with gains in the financial sector offset
Read moreLondon open: Markets lower after China data, but Next surges
3rd Jan 2014 08:16
- China services PMI eased in December - Markets on look-out for plenty of economic data - Next raises profit guidance - House of Fraser planning London listing techMARK 2,768.12 -0.15% FTSE 100 6,704.72 -0.20% FTSE 250 15,862.80 -0.35% UK markets opened slightly lower again on Friday as worsening
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