FTSE 100 movers: Miners tank; ARM and Experian gain
23rd Oct 2012 14:34
ARM Holdings and Experian were doing their best lift the FTSE 100 on Tuesday, but it was the miners were pulling the blue-chip index into the red with growth concerns fuelling a move away from 'risk'. Kazakhmys, ENRC, Antofagasta, Anglo American and Rio Tinto were all trading firmly lower this afte
Read moreMonday broker round-up - UPDATE
22nd Oct 2012 08:19
888 Holdings: Morgan Stanley ups target from 125p to 130p, overweight rating kept. Aggreko: Jefferies cuts target from 2,800p to 2,535p, buy rating kept; HSBC downgrades to underweight, target cut from 2,350p to 1,750p; JPMorgan Cazenove cuts target from 2,360p to 2,165p, neutral rating kept; Barcl
Read moreTuesday newspaper round-up: BAE, Reckitt Benckiser, IMF
9th Oct 2012 06:41
Investor opposition to the proposed tie-up between Europe's aerospace and defence champions is mounting, with more than 30 per cent of shareholders in BAE Systems expressing significant concerns about the deal with EADS. Ahead of a takeover deadline on Wednesday, some of the biggest investors in the
Read moreFTSE 100 movers: Reckitt rises on CFO appointment
17th Sep 2012 14:19
Reckitt Benckiser, the Anglo-Dutch household goods firm behind the Cillit Bang brand, rose after it nabbed Adrian Hennah from medical technology business Smith & Nephew to be its new Chief Financial Officer. Hennah will get his feet under his new desk in 2013. The company´s share price is also on th
Read moreLondon midday: China worries weigh
17th Sep 2012 11:47
China is weighing on UK investors' minds as speculation mounts that the Chinese authorities might not spring into action to juice up the world's second largest economy as quickly as previously thought. Adding weight to that view is the decision by economists at Citigroup to cut their forecast for
Read moreLondon open: Footsie dips below 5900, as China worries simmer
17th Sep 2012 08:23
UK stocks have opened on the back foot with traders agitating over possible delays to the Eurozone´s plans for a banking union, as Germany calls for a more measured approach and a slower pace. Also weighing on sentiment is market chatter pointing to the possibility of a slower policy response from
Read moreSmith & Nephew CFO off to Reckitt
17th Sep 2012 07:44
Medical technology business Smith & Nephew has lost its Chief Financial Officer to consumer goods multi-national Reckitt Benckiser. Adrian Hennah will leave the company at the end of December, with the search for his successor already underway. Chief Executive Olivier Bohuon thanked Hennab for his
Read moreWednesday broker round-up -UPDATE
29th Aug 2012 09:38
888 Holdings: Investec upgrades from sell to buy target hiked from 18p to 95p. Advanced Medical Solutions: Singer Capital Markets upgrades to buy, target lifted from 80p to 82p. AstraZeneca: AlphaValue downgrades to reduce. Bunzl: Jefferies raises target from 835p to 860p, underperform rating kep
Read moreFall-out between Reckitt Benckiser and Futura over CSD 500
28th Aug 2012 11:24
The British firm that says it has created an erection sustaining condom has fallen out with its marketing partner, Reckitt Benckiser, forcing it to go ahead with production on its own. Futura Medical says it was unable to find: "common ground acceptable to both parties in respect of their continued
Read moreFriday broker round-up
17th Aug 2012 09:22
Afren: Goldman Sachs downgrades to neutral. Borders & Southern Petroleum: Goldman Sachs downgrades to neutral. Coastal Energy: Goldman Sachs upgrades to buy. CRH: Credit Suisse downgrades to underperform. ENRC: Nomura cuts target from 500p to 400p, reduce rating kept. Faroe Petroleum: Goldman S
Read moreLondon close: Stocks finish higher after late rally
8th Aug 2012 16:45
After an early fall, London's benchmark index rallied in afternoon trade to finish a few points higher, extending gains from the previous three sessions. The last time the FTSE 100 finished higher was on April 2nd when it hit 5,875. "Stocks and other risky assets have traded higher since Friday. C
Read moreLondon midday: Sentiment dampened by BoE and Greece
8th Aug 2012 11:46
- ECB optimism fades - S and P cuts Greek outlook to 'negative' - BoE slashes growth forecast The Footsie remained firmly in the red on Wednesday morning as optimism earlier this week about the situation in Europe began to fade, particularly as Greece's credit rating outlook was lowered by Standard
Read moreLondon open: Stocks slip on concerns over Greece
8th Aug 2012 09:02
- S and P cuts Greek outlook to 'negative' - Markets await BoE inflation report - StanChart rebounds after yesterday's sell-off UK stocks slipped in the opening hour on Wednesday, with the Footsie pulling back after a four-month high, after Greece's long-term sovereign rating outlook was cut by Sta
Read moreTuesday tips round-up: Reckitt Benckiser and Hiscox
31st Jul 2012 07:12
Questor, in the Telegraph, is sticking to its guns on consumer goods giant Reckitt Benckiser. The column identified the group as weaker than rival Unilever but is now forced to admit the Chief Executive's plans are going well. The shares trade on 14.4 times earnings and yield 3.6 per cent. The only
Read moreFTSE 100 movers: Miners and financials lead the way
30th Jul 2012 14:23
The banking and resources sectors were among the best performers on Monday as risk appetite increased on the back of stimulus hopes. Barclays, RBS, ENRC and Xstrata were high risers by mid-afternoon. Global banking group HSBC was along among them after seeing an 11% rise in reported pre-tax profit
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