London open: FTSE 100 rises for third day, BHP gains
15th Aug 2014 09:10
- Stocks set to close at highest level this month - Stimulus bets continue to drive gains - Putin comments help sentiment, but developments closely watched - BHP Billiton considering demerger of assets techMARK 2,756.41 +0.25% FTSE 100 6,717.11 +0.48% FTSE 250 15,732.60 +0.36% Stocks rose strongly
Read moreSector movers: Property stocks build on deal news
14th Aug 2014 17:30
Property stocks drove top flight shares higher on Thursday after positive news in the sector. British Land and Land Securities were leading the FTSE 100 risers after both secured lucrative property deals this week. On Wednesday, Land Securities exchanged contracts to sell its 50% stake in Cabot Ci
Read moreFTSE 100 movers: TUI Travels gains on merger reports
14th Aug 2014 15:43
TUI Travel advanced following reports its majority owner TUI AG is pressing ahead with plans to merge the two companies. Germany-based TUI AG, which owns 55% of TUI Travel, said there was "no plan B" in the event of a failure of the proposed merger with the listed UK business. TUI AG also reporte
Read moreFTSE 100 movers: Admiral and Glencore shares fall after H1 results
13th Aug 2014 14:49
Car insurance group Admiral was a heavy faller on Wednesday after the group said turnover in the first half was down 5% at £1.04bn as a 9% rise in customers was outweighed by a fall in premiums over last year. The company said that while UK premiums are no longer falling a return to growth remains e
Read moreLondon midday: Stocks advance as rate-hike speculation eases
13th Aug 2014 12:08
- BoE strikes dovish tone as wages fall - Ukraine crisis, Asian data in focus - Ex-dividend stocks limit upside - Banking stocks lead upside techMARK 2,736.01 +0.28% FTSE 100 6,661.68 +0.44% FTSE 250 15,528.53 +0.41% An overall dovish tone to the Bank of England's (BoE) Inflation Report gave UK st
Read moreLondon open: Stocks flat on rate speculation ahead of Inflation Report
13th Aug 2014 09:04
- Inflation Report, rate speculation keeps markets cautious - Ukraine crisis in focus as Russian convoy heads to border - Chinese data disappoints, Japanese GDP sinks - Ex-dividend stocks fall techMARK 2,725.51 -0.10% FTSE 100 6,630.77 -0.02% FTSE 250 15,403.28 -0.40% Weak economic data from Asia,
Read moreLondon close: FTSE ends higher as investor sentiment improves
11th Aug 2014 16:59
- FTSE closes up 65.46 at 6,632.82 - Geopolitical tensions ease, sentiment improves - UK home loans rise in June techMARK 2,727.40 +1.23% FTSE 100 6,632.82 +1.00% FTSE 250 15,460.73 +1.43% UK stocks registered a decent gain on Monday as investors took advantage of the bargains to be had following
Read moreFTSE 100 movers: Rio Tinto leads miners higher
11th Aug 2014 16:32
The mining sector was performing well with heavyweights such as Rio Tinto, Glencore and Anglo American making gains. Rio was supported by comments from Canaccord Genuity, which repeated its 'buy' rating on the back of the miner's strong free cash flows in the first half. Centrica inched higher desp
Read moreSector movers: Mining stocks lead rebound as risk appetite returns
11th Aug 2014 14:59
Mining stocks were making gains in London on Monday as risk appetite returned after UK equities fell to a four-month low last week. Cyclical sectors such as mining and basic resources had experienced choppy trading in recent weeks as investors sought relatively 'safer' assets which are not as sensi
Read moreBroker tips: Friends Life Group, Rio Tinto, Drax
11th Aug 2014 13:00
Deutsche Bank has lowered its recommendation for Friends Life Group (FLG) from 'buy' to 'hold', saying it sees worse-than-expected underlying trends at the life assurance firm. The bank said that its previous 'buy' call had been due to "four main planks", two of which now appear weaker than origina
Read moreLondon midday: Bargain-hunting helps UK stocks rebound
11th Aug 2014 12:03
- Geopolitical tensions ease slightly - Gaza, Ukraine, Iraq news-flow improves - Balfour rejects Carillion approach again techMARK 2,718.86 +0.91% FTSE 100 6,613.50 +0.70% FTSE 250 15,425.38 +1.19% UK stocks were performing well on Monday morning as investors took advantage of easing geopolitical
Read moreCanaccord highlights cash return potential at Rio Tinto
11th Aug 2014 10:45
Canaccord Genuity has repeated its 'buy' rating for Rio Tinto on the back of the miner's strong free cash flows in the first half. First-half results from the company last week showed lower-than-expected net debt and markedly lower capital expenditure than anticipated, Canaccord said. As such, the
Read moreMonday broker round-up UPDATE
11th Aug 2014 10:22
Avacta Group: Numis lowers target price from 2p to 1.6p retaining its buy recommendation. Braemer Shipping Services: Westhouse Securities reinstates with a target price of 545p and a buy recommendation. British Land: Liberum Capital upgrades to buy with a target price of 763p. Catlin Group: Deuts
Read moreLondon open: UK stocks rebound from four-month low
11th Aug 2014 09:03
- FTSE 100 gains after hitting lowest since 15 April - Israel, Hamas agree to 72-hour ceasefire - Chinese inflation unchanged in July - Centrica falls on EDF outage, Balfour rejects Carillion techMARK 2,712.26 +0.67% FTSE 100 6,607.04 +0.60% FTSE 250 15,355.95 +0.74% UK stocks rebounded on Monday
Read moreFriday broker round-up UPDATE
8th Aug 2014 10:19
African Minerals: Canaccord Genuity cuts target price from 170p to 150p, while keeping its buy recommendation. AMEC: Credit Suisse reduces target price from 1250p to 1150p retaining a neutral rating. Nomura reduces target price from 1450p to 1250p staying with its buy recommendation. UBS cuts targe
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