FTSE 100 movers: Rio Tinto zips higher as Reckitt Benckiser falls
10th Feb 2017 17:10
(ShareCast News) - FTSE 100 is higher on Friday afternoon thanks to a string of mining behemoths led by Rio Tinto congregating atop the risers' list, albeit offset by a motley group of fallers led by consumer goods giant Reckitt Benckiser. London's top tier index closed 0.40% higher to 7,258.75 poin
Read moreLondon pre-open: Stocks set to track advance on Wall Street
10th Feb 2017 07:47
(ShareCast News) - Shares were expected to start the session higher, tracking a record close overnight on Wall Street and on the heels of better than expected Chinese trade data. As of 0721 GMT the Footsie was being called to start the day higher by 23 points to 7,252. In parallel, the Shanghai Sto
Read moreReckitt Benckiser confirms Mead Johnson acquisition, full-year revenue rises
10th Feb 2017 07:14
(ShareCast News) - Nurofen and Durex maker Reckitt Benckiser confirmed that it will buy US baby milk company Mead Johnson for up to $17.9bn, while it also said that revenue and earnings grew in 2016 despite challenging markets and products. The FTSE 100 company is to buy Mead Johnson for $90 per sha
Read moreRBC Capital downgrades Reckitt Benckiser
6th Feb 2017 12:56
(ShareCast News) - RBC Capital Markets has downgraded Reckitt Benckiser to 'underperform' from 'sector perform' and cut the price target to 6,300p from 7,000 following the company's confirmation it is in advanced talks to buy US baby milk company Mead Johnson for around $16.7bn. The Canadian bank sa
Read moreSector movers: Household and personal goods names move higher
2nd Feb 2017 15:22
(ShareCast News) - As expected, in its latest Inflation Report the Monetary Policy Committee did bump its growth forecasts, but in an unexpected twist it also trimmed its medium-term forecast for inflation, sending yields on the benchmark 10-year Gilt spiralling lower by seven basis points to 1.38%.
Read moreThursday broker round-up
2nd Feb 2017 09:07
(ShareCast News) - Hostelworld Group: Berenberg upgrades to Hold from Sell with a target price of 210p. Bellway: Citi reiterates Neutral with a target price of 2540p. Ferrexpo: Deutsche Bank reiterates Buy with a target price of 230p. Zoopla Property Group: Deutsche Bank reiterates Hold with a tar
Read moreLondon open: FTSE gains ahead of BoE, Brexit White Paper
2nd Feb 2017 08:31
(ShareCast News) - London stocks were slightly higher in early trading on Super Thursday, as investors awaited a rate decision from the Bank of England, the Inflation Report and minutes together with the government's White Paper on Brexit. As of 0835 GMT the FTSE 100 was up 0.21% or 15.05 points at
Read moreReckitt Benckiser in talks to buy US baby milk group for $16.7bn
2nd Feb 2017 08:14
(ShareCast News) - Durex and Nurofen maker Reckitt Benckiser confirmed that it is "advanced negotiations" to buy US baby milk company Mead Johnson for around $16.7bn, a move which could bolster its health products business. The Slough-based consumer goods company, which also makes Cillit Bang and De
Read moreWednesday broker round-up
25th Jan 2017 09:59
(ShareCast News) - Paddy Power: Barclays reiterates Overweight with a target price of 110p. Reckitt Benckiser: Berenberg upgrades to Buy with a target price of 7,900p. Crest Nicholson: Deutsche Bank reiterates Hold with a target price of 564p. BT Group: Citi reiterates Buy with a target price of 4
Read moreMonday broker round-up
9th Jan 2017 17:00
(ShareCast News) - Reckitt Benckiser: Berenberg reiterates hold with a target price of 7300p. EnQuest: Jefferies upgrades to buy with a 64p target. Booker: HSBC stays at buy with a 220p target. Anglo American: Barclays reiterates overweight with a 350p target. ICAP: HSBC upgrades to buy with a 52
Read moreTuesday broker round-up
13th Dec 2016 13:12
(ShareCast News) - British Land: Barclays reiterates overweight with a target price of 740p. GlaxoSmithKline: UBS reiterates neutral, 1600p target. Reckitt Benckiser: Jefferies reiterates buy with a 7750p target. GB Group: Berenberg reiterates buy with a 340p target. Great Portland Estates: Barcl
Read moreReckitt Benckiser growth slows as South Korea and Russia weigh
19th Oct 2016 07:05
(ShareCast News) - Health, hygiene and home products manufacturer Reckitt Benckiser saw sales growth slow in the third quarter as it was impacted by ongoing legal issues in South Korea and low demand in Russia. In a trading statement, the company reported 2% like-for-like (LFL) sales growth in the t
Read moreMonday broker round-up
10th Oct 2016 13:30
(ShareCast News) - Easyjet: Societe Generale downgrades to sell with a target price of 820p. BP: Barclays reiterates overweight, 600p target. Lloyds: Citigroup keeps at sell with a 48p target. Unilever: Jefferies reiterates hold with a 3530p target. Royal Dutch Shell: Barclays keeps at overweight
Read moreWednesday broker round-up
21st Sep 2016 10:57
(ShareCast News) - Barclays: HSBC upgrades to buy with a target price of 190p. Reckitt Benckiser: UBS keeps at buy, 8000p target. Go-Ahead: Deutsche Bank keeps at buy with a 2330p target. Kingfisher: HSBC reiterates hold with a 365p target. BHP Billition: Barclays keeps at equal-weight with a 990
Read moreMonday broker round-up
1st Aug 2016 09:49
(ShareCast News) - Thomas Cook: Berenberg reiterates hol d with a target price of 60p. Diageo: JP Morgan maintains overweight with a 2400p target. Indivior: Jefferies reiterates buy with a 330p target. Anglo American: HSBC stays at hold with a 930p target. Just Eat: UBS keeps at sell with a targ
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