London midday: Housebuilders fall as inflation data sparks rate-hike concerns
15th Jul 2014 12:03
- UK inflation jumps to 1.9% in June - Carney highlights housing concerns - German ZEW survey disappoints - Yellen, US data in focus later on techMARK 2,781.35 -0.46% FTSE 100 6,722.11 -0.36% FTSE 250 15,478.79 -0.64% Rate-hike speculation in the UK and disappointing economic data from Germany saw
Read moreLondon midday: UK stocks rebound after four-day losing streak
11th Jul 2014 12:07
- FTSE 100 rises after hitting lowest since April 17th - Tobacco stocks lead gains after four-day sell-off - UK construction output declines techMARK 2,777.53 +0.27% FTSE 100 6,684.40 +0.18% FTSE 250 15,487.07 +0.31% Equity and bond markets across Europe were calmer on Friday morning after concern
Read moreLondon open: Tobacco gains help UK stocks snap four-day losing streak
11th Jul 2014 08:56
- M&A speculation gives tobacco sector a boost - Housebuilders rise, miners fall - FTSE 100 rebounds from lowest in nearly three months techMARK 2,779.11 +0.33% FTSE 100 6,690.42 +0.27% FTSE 250 15,518.58 +0.51% Strong gains from tobacco and construction stocks outweighed a decline in the heavywei
Read moreFTSE 100 movers: StanChart lifted by private equity sale rumours
2nd Jul 2014 15:32
Standard Chartered jumped on reports the group is intending to dispose of $500m-worth of private equity investments. Quoting two people "with knowledge of the situation", Bloomberg said the lender is expected to sell minority holdings in companies across a number of countries. The speculation come
Read moreBroker tips: Persimmon, BT Group, Kier, Ocado
2nd Jul 2014 12:31
Hargreaves Lansdown Stockbrokers said that housebuilder Persimmon "continues to make hay while the sun shines" as it reported a solid second-quarter trading update on Wednesday. "With accommodative monetary policy underpinning the housing market, interest rates unlikely to rise markedly for now, an
Read moreLondon midday: Stocks gain as UK construction PMI hits four-month high
2nd Jul 2014 12:04
- UK construction PMI hits four-month high - ADP report, factory orders in focus Stateside - Service PMIs, ECB and jobs report due out tomorrow - Mothercare jumps on foreign interest techMARK 2,841.71 +0.32% FTSE 100 6,823.02 +0.30% FTSE 250 15,907.17 +0.42% Figures showing a surprise pick-up in U
Read morePersimmon in a "sweet spot", says Hargreaves Lansdown
2nd Jul 2014 11:34
Hargreaves Lansdown Stockbrokers said that housebuilder Persimmon "continues to make hay while the sun shines" as it reported a solid second-quarter trading update on Wednesday. Persimmon said that trading during the first half has been "strong" with revenues up 33% at £1.2bn and legal completions
Read moreLondon open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read morePersimmon first-half revenues up by a third as forward sales slow
2nd Jul 2014 07:46
- Total revenues up 33% - Forward sales growth slows to 28% from 35% in Q1 - Strong cashflow supporting substantial land purchases - Regional markets remain positive ahead of slower summer Following on from its UK housebuilding peers, Persimmon continued to sell more houses and at higher prices, al
Read moreLondon pre-open: FTSE to move slight lower at opening bell
2nd Jul 2014 07:44
UK stocks are expected to start on the back foot, ignoring new records set by US indices overnight as it slightly reverses some of yesterday's strong gains. City sources predict the FTSE 100 will slip two points lower than yesterday's close of 6,802.92. US stock markets started the second quarte
Read moreWednesday preview: Fed Chair Janet Yellen, UK housing in focus
1st Jul 2014 17:35
The Wednesday session will be rather light in terms of the flow of economic data at the global level, with only the US ADP employment report possibly inducing a reaction from traders. That report on private sector payrolls from consultancy ADP attempts to anticipate the outcome of the US governmen
Read moreSunday share tips: Gulf Keystone Petroleum, Homebuilders, Science in Sport
29th Jun 2014 21:57
Shares in Kurdistan-focused Gulf Keystone Petroleum are notoriously volatile. In large part that can be put down to its enthusiastic following among retail investors. Another important factor has been the long-running speculation that it could be the target of a take-over bid. Speculation in that re
Read moreFTSE 100 movers: TUI Travel leads the risers after merger deal
27th Jun 2014 16:12
TUI Travel shares jumped after it announced that it had agreed the terms of a merger between itself and parent company TUI AG, a move that will create the world's "number one integrated leisure tourism business". Under the terms of the agreement, TUI Travel investors would receive 0.399 new TUI AG s
Read moreUBS remains positive on housebuilders, downplays "mild" cooling measures
27th Jun 2014 12:04
UBS has said that the positive fundamentals of the UK housebuilding sector remain unchanged despite recent concerns about how policy changes may affect companies in the industry. The Financial Policy Committee (FPC) on Thursday recommended a cap on loan-to-income (LTI) ratios, suggesting that lende
Read moreLondon midday: Mixed global data limits upside on the FTSE 100
27th Jun 2014 11:59
- UK GDP revised lower, but consumer confidence rises - Eurozone, Japan and China data disappoints - Fed's Bullard sparks rate-hike fears - Imagination drops on Intel stake sale techMARK 2,806.43 +0.15% FTSE 100 6,743.67 +0.13% FTSE 250 15,633.14 -0.09% London equities were making small gains on F
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