London close: Stocks surge to two-and-a-half-week high after Fed taper
19th Dec 2013 16:31
- FTSE 100 at highest since December 2nd after Fed taper - Fed scales back stimulus, gives guidance on rates - Carnival jumps late on after FY results - Pharmaceutical and life insurance stocks rise techMARK 2,735.02 +1.40% FTSE 100 6,584.70 +1.43% FTSE 250 15,589.95 +1.45% UK stocks surged to a t
Read moreSector movers: Life Insurers lifted by ratings report
19th Dec 2013 14:39
Life insurers were almost universally higher after rating agency Fitch gave an encouraging bill of health on US counterparts for 2014. The sector was up 2.3 per cent on the day. Insurance peers Aviva, Legal & General, Old Mutual, Phoenix, Prudential, St James's Place and Standard Life were all high
Read moreLondon midday: Markets jump one per cent after Fed taper
19th Dec 2013 12:01
- Fed tapers monthly asset purchases by 10bn dollars - Markets rise, Wall Street hits record high - Annual growth of UK retail sales misses estimates techMARK 2,732.70 +1.31% FTSE 100 6,556.63 +0.99% FTSE 250 15,576.80 +1.37% UK markets had held on to their gains by Thursday lunchtime as investors
Read moreLondon open: Fed taper sparks 'Santa Rally' as stocks jump
19th Dec 2013 08:17
- Fed cuts monthly bond buying to 75bn dollars - Commits to near-zero rates, depending on inflation - Pharma peers AstraZeneca, GSK making gains techMARK 2,727.60 +1.12% FTSE 100 6,553.38 +0.94% FTSE 250 15,550.52 +1.20% UK markets opened around one per cent higher on Thursday morning in the after
Read moreMonday broker round-up UPDATE
16th Dec 2013 08:16
Admiral Group: Deutsche Bank moves target price from 1300p to 1330p and maintains a hold recommendation. Allocate Software: N+1 Singer raises target price from 98p to 108p keeping a buy recommendation. Amlin: Deutsche Bank ups target price from 465p to 484p reiterating its hold recommendation. Ca
Read moreLondon open: Markets flat at two-month low, RSA plummets
13th Dec 2013 08:26
- FTSE 100 flat after three straight losses - House passes budget deal at wide margin - Risk appetite still subdued ahead of Fed meeting - RSA plummets after profit warning, CEO exit techMARK 2,661.33 +0.33% FTSE 100 6,446.47 +0.02% FTSE 250 15,234.70 +0.15% UK markets opened more or less flat on
Read moreThursday broker round-up UPDATE
12th Dec 2013 08:13
British American Tabacco: Credit Suisse reduces target price from 3700p to 3550p and retains its outperform rating. City of London Inc Group: N+1 Singer cuts target price from 260p to 220p downgrading to hold. Diageo: Credit Suisse reduces target price from 2350p to 2200p and maintains an outperfo
Read moreWednesday newspaper tips: Prudential, Centamin
11th Dec 2013 09:51
Unlike in 2010, when it last set out its medium-term financial targets, this time around Prudential can point to a 126 per cent rise in the stock price and 1.8bn pounds in dividends paid out over the intervening period. However, the firms needs to provide greater clarity on what it expects in terms
Read moreTuesday broker round-up UPDATE
10th Dec 2013 09:43
Amlin: Westhouse Securities moves target price from 470p to 480p and reiterates an add rating. Antofagasta: Credit Suisse reduces target price from 900p to 750p, while upgrading to neutral. UBS cuts target price from 845p to 765p retaining its neutral rating. Ashley House: WH Ireland moves target
Read morePrudential lays out new targets - UPDATE
10th Dec 2013 09:38
UK life insurance company Prudential has outlined new objectives to be met by 2017 in order to bolster profits. In a speech to investors in London on Tuesday, Chief Executive Tidjane Thiam laid out the three new objectives as part of "aggressive" growth plans to be driven by Asia's middle class. T
Read moreLondon open: Stocks at one-week high, Lloyds gains
10th Dec 2013 08:17
- UK market at highest since December 2nd - S&P 500 hits 39th record close this year - Taper speculation picks up ahead of Fed meeting - Carney calls for sustained low rates techMARK 2,684.69 +0.19% FTSE 100 6,567.32 +0.12% FTSE 250 15,424.59 +0.21% UK markets opened with small gains on Tuesday mo
Read moreAlent non-exec rapidly grows holding with three share purchases
21st Nov 2013 16:22
Lars Forberg, a Non-Executive Director of Alent, this week topped up his stake in the company with three rounds of share purchases. The group, which supplies consumable specialty chemicals and engineered materials, reported that Forberg bought 49,000 shares at 311p for £152,390 on November 18th, fo
Read moreFriday broker round-up UPDATE
15th Nov 2013 07:38
Amlin: Berenberg raises target price from 398p to 434p, but still recommends selling. Barclays cuts target price from 481p to 453p and retains an overweight rating. Antofagasta: Numis raises target price from 750p to 850p and reiterates a hold recommendation. AstraZeneca: Liberum Capital upgrades
Read moreFTSE 100 movers: Aberdeen, Prudential, Burberry
14th Nov 2013 14:23
Aberdeen Asset Management's shares rebounded after falling earlier in the week on growing fears it could be caught up in a bidding war for Scottish Widows Investment Partnership. Prudential advanced after saying new business profit rose 12% in the first nine months of the year, driven by demand fo
Read moreLondon open: Stocks edge higher as focus turns towards US data
21st Oct 2013 08:42
UK equites opened slightly higher on Monday morning, following a recent strong run and as traders awaited key economic data from the US later this week. London's FTSE 100 opened just a few points higher than Friday's close of 6,622.59, though this was still the highest finish for the benchmark ind
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