UK stocks hold gains despite complex new forward guidance from BoE
12th Feb 2014 12:02
- Carney revamps forward guidance - BoE focusing on 'spare capacity' in economy - Bank Rate to rise only gradually when tightening is needed - Morrisons in buyout talks with private-equity firms techMARK 2,824.49 -0.42% FTSE 100 6,683.78 +0.17% FTSE 250 16,060.03 -0.11% UK stocks held on to small
Read moreHargreaves Lansdown sees increasing headwinds at Reckitt Benckiser
12th Feb 2014 10:03
Hargreaves Lansdown Stockbrokers has said that 2013 results from Reckitt Benckiser's were in line with expectations, but headwinds have increased for the consumer products group . The company, which owns brands such as Cillit Bang, Nurofen and Durex, said that net revenue at constant currency exclu
Read moreUK stocks flat ahead of Inflation Report, Morrisons gains
12th Feb 2014 08:24
- Markets await Inflation Report, forward guidance in focus - Yellen still in focus after taper comments - China trade surplus widens unexpectedly - Morrison gains on private-equity buyout hopes techMARK 2,826.88 -0.34% FTSE 100 6,678.65 +0.09% FTSE 250 16,076.98 -0.01% UK stocks opened more or le
Read moreFTSE set for positive start after Yellen comments
12th Feb 2014 07:16
The FTSE is set for a modest rise at the opening bell this morning, boosted by a strong performance in the US and Asia overnight following comments from Federal Reserve Chair Janet Yellen. City sources predict the FTSE 100 will open nine points higher than yesterday's close of 6,672.66. In her fi
Read moreReckitt's sales growth to slow as conditions become more challenging
12th Feb 2014 07:04
- Revenues, profits exceed management targets - Growth led by Health and Hygiene, emerging markets - Conditions now more challenging, sales growth to slow Consumer products giant Reckitt Benckiser said it exceeded its targets after 'another strong year' in 2013, but warned that markets conditions h
Read moreLondon close: Markets bounce back on ECB promise
6th Feb 2014 16:50
- ECB ready and willing to act - Vodafone and SuperGroup lead gains - All eyes on Friday´s US jobs report techMARK 2,779.24 +1.25% FTSE 100 6,558.28 +1.55% FTSE 250 15,789.91 +1.47% After a cautious start, UK markets pushed firmly into positive territory on Thursday after European Central Bank (EC
Read moreFTSE 100 movers: Vodafone, Smith & Nephew rise as results beat forecasts
6th Feb 2014 12:51
Telecoms giant Vodafone gained on Thursday after third-quarter revenue declined by a less-than-expected 3.6 per cent. Chief Executive Vittorio Colao also said he was optimistic that sales trends would begin to improve. Medical equipment manufacturer Smith & Nephew also beat analysts' forecasts as i
Read moreBroker tips: Reckitt, Vodafone, Imagination Technologies
6th Feb 2014 12:48
Consumer goods giant Reckitt Benckiser was making gains on Thursday after Credit Suisse lifted its rating for the stock from 'neutral' to 'outperform', saying that investors should look past concerns regarding its struggling pharmaceuticals division. "It is time then to look past pharma challenges,
Read moreLondon midday: Stocks push higher ahead of ECB as BoE holds rates
6th Feb 2014 11:28
- BoE keeps policy on hold - ECB decision, press conference in focus - US futures higher ahead of data techMARK 2,769.50 +0.89% FTSE 100 6,517.70 +0.93% FTSE 250 15,697.91 +0.88% After a cautious start, UK markets pushed firmly into positive territory on Thursday and were registering decent gains
Read moreBroker snap: Credit Suisse upgrades Reckitt, plays down pharma concerns
6th Feb 2014 09:15
Consumer goods giant Reckitt Benckiser was making gains on Thursday after Credit Suisse lifted its rating for the stock from 'neutral' to 'outperform', saying that investors should look past concerns regarding its struggling pharmaceuticals division. The target for the share price of the health, hy
Read moreFTSE 100 movers: Randgold cheers with strong update
3rd Feb 2014 14:52
Randgold Resources was the strongest riser after it said it hit targets for 2013, boosted gold production to a new record level and expects output to rise over the next five years. Production for the quarter and year to December rose 20 per cent and 15 per cent respectively, in line with the company
Read moreReckitt Benckiser CFO grows stake
12th Dec 2013 16:14
Adrian Hennah, the Chief Financial Officer of Reckitt Benckiser, added 13,629 shares to his stake in the consumer goods company. Hennah, who has been in the role since the start of the year, acquired the stock at 4,619.73p a piece for a total spend of £629,623. His interest in the company now st
Read moreLondon close: Stocks jump to five-month high after US jobs miss
22nd Oct 2013 16:35
Stocks across Europe rose strongly on Tuesday afternoon with London's FTSE 100 rising to a five-month high following a worse-than-expected US jobs report which spurred hopes of a near-term continuation of quantitative easing (QE) by the Federal Reserve. "The full impact of the government shutdown i
Read moreFTSE 100 movers: Reckitt Benckiser rises on positive FY guidance
22nd Oct 2013 15:03
Household products group Reckitt Benckiser was a high riser after lifting its full-year revenue guidance slightly following a strong third quarter and a decent performance by recent acquisitions. The company said it now expects to grow net revenue excluding Reckitt Benckiser Pharmaceuticals (RBP)
Read moreBroker tips: Reckitt, GKN, RSA, Coca-Cola HBC
22nd Oct 2013 12:06
Investec has upgraded its rating for household products firm Reckitt Benckiser from 'sell' to 'hold' on the back of the company's upbeat outlook with its third-quarter results. Analyst Martin Deboo said he was impressed by the company's "confident tone and strength in depth" in its outlook. He adde
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