London close: Resource-heavy FTSE 100 falls as metals' prices slump
2nd Dec 2013 16:43
- Taper speculation picks up ahead of non-farm payrolls - Global manufacturing figures beat forecasts - Miners sold off as metal prices fall - Supermarkets hit by competition fears techMARK 2,653.70 -0.76% FTSE 100 6,595.33 -0.83% FTSE 250 15,334.75 -0.85% London's FTSE 100 finished with moderate
Read moreLondon midday: Markets fall, shrug off upbeat manufacturing data
2nd Dec 2013 11:24
- Markets lower ahead of data-heavy week - Non-farm payrolls, taper in focus - Investors shrug off positive manufacturing figures this morning - Broker downgrades hit Tesco, Aberdeen, Debenhams techMARK 2,659.11 -0.55% FTSE 100 6,610.41 -0.60% FTSE 250 15,380.56 -0.56% Markets in the UK and across
Read moreLondon open: Markets fall ahead of data-heavy week
2nd Dec 2013 08:12
- Markets drop ahead of key week for data - Chinese manufacturing beat forecasts in November - Utility companies pledge to pass on savings to customers techMARK 2,662.77 -0.42% FTSE 100 6,618.77 -0.48% FTSE 250 15,414.98 -0.33% UK stocks started December on a rather sour note, with markets sinking
Read moreRathbone Brothers' long-running CEO to retire
2nd Dec 2013 07:32
Andy Pomfret, the long-running Chief Executive Officer (CEO) of investment and wealth management firm Rathbone Brothers, is to step down as of next year. Pomfret, who joined Rathbones in 1999 as Finance Director before being promoted to CEO in 2004, will be retiring on February 28th 2014. He will
Read moreFTSE 250 movers: Lonmin jumps on strong results
11th Nov 2013 15:39
South Africa-focused Lonmin, the world's third largest platinum producer, has released its final results for the year ended on September 30th. The company's underlying profit before tax improved to $158m (£98.75m) from $57m a year ago. Online gambling outfit 888 rose after it, along with Atlantic
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreFTSE 250 movers: Polymetal shares leap on record Q3
17th Oct 2013 15:31
Shares in Polymetal International were on Thursday racing ahead after the group reported a record-setting third quarter which saw total gold equivalent production of 413,000 oz, up 30 per cent year-on-year. For the nine months ended September 30th, gold equivalent production totalled 972,000 oz, up
Read moreRathbone lifts AuM by 15.6 per cent in nine months
17th Oct 2013 14:22
Wealth management group Rathbone Brothers said total assets under management rose 15.6 per cent in nine months to stand at 20.8bn pounds at the end of September. The growth outperformed a 9.6% increase in the FTSE 100 index over the same period. The company reported net operating income in Rathbo
Read moreThursday broker round-up UPDATE
17th Oct 2013 09:45
AGA Rangemaster Group: N+1 Singer ups target price from 135p to 150p and stays with its buy recommendation. Anglo American: HSBC raises target price from 1610p to 1740p maintaining an overweight rating. Antofagasta: HSBC increases target price from 900p to 990p and upgrades to overweight. Aquariu
Read moreTuesday broker round-up UPDATE
6th Aug 2013 07:13
Alent: Credit Suisse lowers target price from 430p to 420p keeping an outperform rating. UBS ups target price from 350p to 365p and maintains a neutral rating. Anglo American: Jefferies cuts target price from 1700p to 1650p and maintains a hold recommendation. Aquarius Platinum: RBC Capital shifts
Read moreFTSE 250 movers: Fund manager Jupiter rockets after strong first half
1st Aug 2013 14:24
Shares in Jupiter Fund Management leapt on Thursday on the back of a strong set of half-year numbers which showed a strong investment performance and a nearly doubling of profits year-on-year. The results prompted the company to raise its interim dividend by two fifths. Sector peer Rathbone Brother
Read moreRathbone Bros posts strong growth but misses forecasts
1st Aug 2013 12:28
Rathbone Brothers' funds under management (FuM) rose strongly in the first half, helping lift profits 17.2 per cent. In the six months to the end of June, growth in funds under management continued from 2012 as positive investment markets helped to grow Rathbones' profit before tax to £23.2m. Chie
Read moreAcquisition pushes Rathbone's assets above 20bn pounds - UPDATE
14th May 2013 08:32
Investment management group Rathbone Brothers grew assets under management 8.9 per cent in the first quarter, and they now stand above 20bn pounds for the first time. Boosted by more positive investment markets and the purchase of Taylor Young's private client business, net funds under management i
Read moreTuesday broker round-up UPDATE
14th May 2013 08:04
Babcock International: Jefferies increases target price from 1080p to 1250p and maintains a buy recommendation. Barratt Developments: Bank of America takes target price from 265p to 325p, while downgrading to neutral. Belgravium Technologies: WH Ireland places both its target price and its neutral
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
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