London open: Stocks slip after IMF cuts growth forecasts
9th Oct 2012 08:25
- IMF cuts global growth estimates - Q3 US earnings season to kick off this evening - Capita and Aggreko dented by broker downgrades UK stocks continued to fall on Tuesday morning following a steep drop the day before, as concerns about the global economy were fuelled by a downgrade to growth forec
Read moreLondon midday: Stocks continue to gain ahead of US payrolls
5th Oct 2012 11:52
- Markets await non-farm payrolls from the US - Miners lead risers in London - Tesco continues its decline The FTSE 100 was trading at its best levels of the day by Friday lunchtime ahead of a key jobs report from the US, with miners dominating the risers list in London. "European financial market
Read moreLondon open: Footsie bolstered by miners ahead of US data
5th Oct 2012 08:48
- Burberry, Wood Group and miners lift FTSE 100 early on - Markets await US payrolls data - IMF to cut global GDP forecast Stocks edged higher on Friday morning ahead of some closely-watched jobs data from the US later today; Burberry, Wood Group and the miners were among the highest risers on the
Read moreTuesday broker round-up
2nd Oct 2012 08:17
African Barrick Gold: Deutsche Bank raises target from 510p to 540p, hold rating kept. African Minerals: Deutsche Bank cuts target from 708p to 610p, buy rating kept. Allocate Software: N+1 Brewin downgrades to hold, target cut from 94p to 80p. Babcock: Investec raises target from 970p to 100p, b
Read moreFTSE 100 movers: Tate & Lyle rises on positive update
27th Sep 2012 14:50
Sweeteners group Tate & Lyle rose after it said first half adjusted operating profit will be similar to last year's level, in line with expectations. The group said it saw an improved performance in the second quarter in its Speciality Food Ingredients business. Anglo American was also on the rise
Read moreLondon close: Footsie jumps to six-month high on QE3
14th Sep 2012 16:26
- Footsie closes at highest level since mid-March - Markets celebrate QE3 announcement - Mining stocks surge as demand outlook improves Massive gains in the mining sector lifted the FTSE 100 to a six-month high on Friday as markets reacted to the Federal Reserve announcement of further economic sti
Read moreLondon midday: Mining stocks celebrate QE3
14th Sep 2012 11:48
- Footsie at six-month high after Fed decision - Mining stocks rocket on stimulus plans - Markets' upside momentum to remain in the weeks ahead, says analyst London's stock market continued to extend gains on Friday morning after last night's announcement of more stimulus in the US, pushed the FTSE
Read moreLondon open: Footsie at six-month high after QE3
14th Sep 2012 08:23
- Stocks soar after last night's QE3 announcement - Fed to buy mortgage debt, maintain Operation Twist - Miners, banks surge early on Stock markets across Europe surged in early trading on Friday following last night's stimulus announcement from the Federal Reserve; increased risk appetite was ben
Read moreRio Tinto hoping for exclusivity on Pilbara trains
14th Sep 2012 07:44
Diversified mining group Rio Tinto has welcomed Australia's decision to re-examine allowing third parties on a rail network in the Pilbara region which the miner believes could seriously affect its operations. Rio said in a statement on Friday morning: "The High Court of Australia has held that the
Read moreWednesday tips round-up: Google, Betfair, Rio Tinto
12th Sep 2012 07:06
The FT's Lex column is unequivocally positive on internet search king Google but begins by listing all the negatives. Google doesn't explain whether its various investments in things like mobile and YouTube actually make any money. The firm also has a 43bn-dollar cash mountain 'loafing moronically'
Read moreLondon close: Stocks flat, markets in 'wait and see' mode
10th Sep 2012 16:47
- Investors cautious ahead of pivotal week - Ruling on ESM and FOMC meeting in focus - Miners lead risers on hopes of QE3 London's FTSE 100 index finished just two points lower on Monday afternoon as investors refrained from building positions ahead of a busy week for the markets. The Footsie sta
Read moreSector movers: Miners gain on hopes for further QE
10th Sep 2012 15:28
Mining stocks were performing well on Monday with expectations for further quantitative easing (QE) measures from the Federal Reserve driving gains. UBS said this morning that the outlook for the UK mining sector is improving: "QE triggers a return of capital flows to emerging markets, incentivisin
Read moreLondon midday: Stocks flat ahead of another busy week
10th Sep 2012 11:51
- Markets await German ruling on ESM and FOMC meeting - Trade data in China disappoints - Miners gain on hopes for QE The FTSE 100 was trading within a narrow range on Monday morning, with just 20 points between the intraday high and low, as investors continued to show caution ahead of what's likel
Read moreBroker snap: QE will drive mining equities, says UBS
10th Sep 2012 10:30
The outlook for the UK mining sector is now improving as expectations for quantitative easing (QE) increase, according to UBS on Monday morning. The sector had tough first half, with the average EBITDA (earnings before interest, tax, depreciation and amortisation) of UK diversified miners fall by o
Read moreLondon open: Stocks flat early on despite mining strength
10th Sep 2012 08:28
- Stocks pause after last week's ECB rally - Markets await FOMC meeting - Miners up early on, UBS sees QE boost for sector London's blue-chip index opened broadly flat in early trading on Monday as investors remained nervous ahead of another pivotal week for the global economy. Stocks were given a
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