Sector movers: Barclays and StanChart give banks a boost
8th May 2014 15:36
Well-received first-quarter updates from the likes of Barclays and Standard Chartered gave UK banking stocks a boost on Thursday. Barclays led London's blue chips higher in afternoon trade, up 8.6%, after it pleased the City with plans to slash 14,000 jobs in 2014 across the group as it aimed to be
Read moreLondon midday: Upbeat earnings provide a lift as BoE holds rates
8th May 2014 11:35
- Barclays, Standard Chartered, BT and Morrison rise after results - BoE holds policy, ECB in focus - Yellen signals need for continued support - Ukraine tensions ease slightly after Putin comments techMARK 2,796.26 +0.19% FTSE 100 6,836.23 +0.59% FTSE 250 15,916.36 +0.22% Decent gains from Barcla
Read moreLondon open: Barclays leads FTSE 100 higher ahead of central bank decisions
8th May 2014 08:32
- Barclays gains on job-cut announcement - Busy day for corporate earnings/updates - Yellen, Putin comments in focus - Focus turns to BoE and ECB ahead of policy decisions techMARK 2,799.70 +0.31% FTSE 100 6,827.33 +0.45% FTSE 250 15,963.95 +0.52% UK stocks rose on Thursday morning amid a flurry o
Read moreSector movers: Barclays and Astra drag banks and pharma stocks lower
6th May 2014 15:14
Banking and pharmaceuticals, two sectors which have performed well over recent weeks, were trading firmly lower on Tuesday with heavyweights Barclays and AstraZeneca providing a drag. Shares in Barclays were as much as 5% lower this afternoon after a much worse-than-expected drop in investment bank
Read moreLondon midday: UK stocks pull back from two-month high
6th May 2014 11:54
- Barclays, Aberdeen, AstraZeneca, Balfour Beatty fall - Ukraine tensions continue to rise - FTSE 100 pulls back from two-month high - UK services PMI beats forecasts techMARK 2,798.81 +0.15% FTSE 100 6,811.35 -0.16% FTSE 250 15,928.23 -0.02% Falls from Barclays, Aberdeen, AstraZeneca and Balfour
Read moreTuesday broker round-up UPDATE
6th May 2014 08:44
Antofagasta: RBC Capital upgrades to buy with a target price of 900p. Barclays: Numis downgrades from add to hold with a target price of 280p. BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation. Britvic: Numis raises target price to 684p and keeps
Read moreLondon open: FTSE 100 retreats as Barclays and Aberdeen fall
6th May 2014 08:35
- Barclays, Aberdeen and Balfour Beatty provide a drag - Ukraine tensions cap risk appetite - FTSE 100 pulls back from two-month high techMARK 2,800.50 +0.22% FTSE 100 6,810.43 -0.18% FTSE 250 15,950.66 +0.12% UK markets opened slightly lower on Tuesday morning as traders adopted a cautious approa
Read moreSunday newspaper round-up: AstraZeneca, Barclays, Mothercare
4th May 2014 12:49
Pfizer is preparing to put AstraZeneca in a "bear hug" by stating it will not increase its 63 billion pounds offer without getting a closer look at the UK company's drug prospects, the Sunday Times reported. The US giant will lobby Astra's shareholders to force it to enter talks and will also talk a
Read moreLondon close: Quiet finish for FTSE, traders eyeing situation in Ukraine
2nd May 2014 16:59
- FTSE closes up 13.55 points at 6,822.42 - BoE Deputy warns 'dangerous' to ignore house price momentum - Eurozone unemployment stuck at 11.8 per cent - US non-farm payrolls rise 288,000 in April, employment drops techMARK 2,794.49 +0.22% FTSE 100 6,822.42 +0.20% FTSE 250 15,930.92 +0.51% UK stock
Read moreFTSE 100 movers: RBS climbs on strong Q1
2nd May 2014 14:54
RBS pleased investors after saying that pre-tax profit surged to 1.64bn pounds in the first three months of 2013, up from 826m pounds the year before and ahead of forecasts. This came despite a 2% fall in income to £5.05bn, as expenses fell 6% and impairment losses dropped 65%."The first-quarter [
Read moreBroker tips: RBS, InterContinental, SSE, Resolution
2nd May 2014 12:43
Shares in RBS jumped on Friday after the company beat forecasts with its first-quarter results as pre-tax profits doubled. Analysts, however, chose to remain cautious on the outlook for the UK bank. Richard Hunter, Head of Equities at Hargreaves Lansdown Stockbrokers, said that the quarterly perfor
Read moreLondon midday: RBS and IHG rise, but markets cautious ahead of US data
2nd May 2014 11:48
- Markets rangebound ahead of US jobs report - FTSE 100 at highest in two months - Ukraine tensions limit gains - RBS doubles pre-tax profits in first quarter - IHG unveils special divi after strong start techMARK 2,793.80 +0.19% FTSE 100 6,818.58 +0.14% FTSE 250 15,922.13 +0.45% Strong gains from
Read moreAnalysts remain cautious on outlook for RBS despite Q1 beat
2nd May 2014 10:22
Shares in RBS jumped on Friday after the company beat forecasts with its first-quarter results as pre-tax profits doubled. Analysts, however, chose to remain cautious on the outlook for the UK bank. RBS said pre-tax profit surged to £1.64bn in the first three months of 2013, up from £826m the year
Read moreLondon open: Stocks flat ahead of US data, but RBS jumps
2nd May 2014 08:35
- Markets nervous ahead of US jobs data - RBS jumps 10 per cent as profits rise - IHG rises after Q1 results, special divi techMARK 2,791.50 +0.11% FTSE 100 6,812.55 +0.05% FTSE 250 15,923.25 +0.46% UK markets opened more or less flat on Friday despite a massive jump in the share price of RBS, as
Read moreRBS doubles pre-tax profit as costs and impairments fall
2nd May 2014 07:13
- Pre-tax profit at 1.64bn pounds, double the previous year - Income falls two per cent - Capital ratios strengthen Part-nationalised banking group Royal Bank of Scotland (RBS) saw profits double in the first quarter, helped by a reduction in costs and lower impairment charges. Pre-tax profit surg
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