London afternoon: US retail sales data spooks equities
11th Jun 2010 14:40
Footsie's morning gains evaporated over the lunchtime session after much worse than expected US sales figures were released. US retail sales had been expecting to rise 0.3% in May after climbing 0.4% in April but instead of rising they took a step back for the first time since September, falling 1
Read moreLondon midday: BP bounces back
11th Jun 2010 12:27
Though miners and banks are in the doldrums the market is making headway and, unusually, the advance is being led by BP. The oil giant yesterday reported the amount of oil it is capturing from the Gulf of Mexico leak has risen to 15,800 barrels per day, but as fast as it is improving the rate at w
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
11th Jun 2010 07:26
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0626 GMT [Dow Jones] Morgan Stanley upgrades Reed Elsevier (REL.LN) to overweight from equalweight. Also lifts the price targ
Read moreMARKET TALK: Morgan Stanley Ups Reed Elsevier To Overweight
11th Jun 2010 07:26
0626 GMT [Dow Jones] Morgan Stanley upgrades Reed Elsevier (REL.LN) to overweight from equalweight. Also lifts the price target by 20% to 600p, implying 24% upside. Says the stock is facing some late-cycle headwinds in '10 but improving underlying market conditions suggest a strong bounce-back in '1
Read morePRESS RELEASE: Martindale.com CLE Webinar on Peer-to-Peer Sharing to Feature Noted Copyright Expert and Author, David Nimmer
9th Jun 2010 14:15
June 16 Webinar Caps Series of Guest Blogs, Discussion Forums and Debates -- Occurring Within martindale.com(R) Connected -- Focused on Internet-Related Copyright Issues NEW YORK--(BUSINESS WIRE)--June 09, 2010-- LexisNexis(R) Martindale-Hubbell(R), the industry leader in networking and law firm
Read moreADR Report: Shares Close Higher As Broader Market Edges Up
8th Jun 2010 22:01
By Caitlin Nish Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed higher Tuesday as the broader market gained late in the session although technology stocks pulled the Nasdaq Composite lower. The Bank of New York index of ADRs rose 1.4% to 11
Read moreMARKET TALK: Investec Ups Reed Elsevier To Buy Vs Hold
8th Jun 2010 10:56
0956 GMT [Dow Jones] Investec Securities raises Reed Elsevier (REL.LN) to buy from hold. "Shares are circa 11% since we initiated, and now provide 21% potential upside from current levels," it says. Brokerage adds that while it is hard to see significant earnings upgrades resulting from the 1H resul
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
8th Jun 2010 10:56
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0956 GMT [Dow Jones] Investec Securities raises Reed Elsevier (REL.LN) to buy from hold. "Shares are circa 11% since we in
Read moreLondon close:Equities advance on broad front
20th Apr 2010 17:11
London brought its two day losing streak to an end today, despite a mixed reception to the day's major company announcements and a disappointing set of inflation figures. A sharp rise in fuel costs was responsible for much of the acceleration in the inflation rate, which climbed to 3.4% from 3% in
Read moreLondon afternoon: Tesco heads small band of fallers
20th Apr 2010 14:13
The blue-chip index shuffled sideways over the lunch time session with not even expectations of a firm opening on Wall Street encouraging buyers to commit further. Earlier in the day sentiment had received a knock from worse than expected inflation data. A sharp rise in fuel costs was responsible f
Read moreLondon midday: Equities resume upward trend
20th Apr 2010 12:15
Worse than expected inflation figures gave the market pause for thought but leading equities have since recovered their poise and ended the morning session on an upward trend. A sharp rise in fuel costs was responsible for much of the acceleration in the inflation rate, which climbed to 3.4% from 3
Read moreLondon open: Footsie makes bright start
20th Apr 2010 08:49
Footsie has moved higher as retailers come into focus on a busy day on the company news front. Tesco reaffirmed its position as the UK's supermarket powerhouse as profits last year surged to nearly £3.2bn with underlying growth of more than 10%. Total sales in the year to end February rose by 6.8%
Read moreReed Elsevier reaffirms outlook
20th Apr 2010 07:04
Publisher Reed Elsevier said, as expected, it should report a modest reduction in adjusted operating margin in 2010 due to a weak revenue environment and increased investment in legal markets. The group said advertising and promotion and certain other markets remain difficult although the rate of
Read moreBroker tips: Income stocks, AB Foods, Reed Elsevier
22nd Feb 2010 13:11
Barclays Capital is advising its clients to buy 'high quality dividend stocks' as dividend yields trade close to historical highs relative to bond yields. Barclays Capital (BarCap) has identified 20 European high quality dividend stocks, a list that includes UK stocks Cable & Wireless, RSA, BP, Ast
Read moreThursday newspaper round-up: Cadbury, British Airways, Lloyds
12th Nov 2009 06:03
Up to 14 per cent of Cadbury's share register is estimated by brokers to be controlled by hedge funds that are betting Kraft will raise its $16.2bn (£9.8bn) offer for the UK confectioner, increasing the likelihood that its hostile bid will succeed. Brokers predict that towards the end of the bid bat
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