London midday: Aggreko leads markets higher, data comes in mixed
16th Dec 2013 11:33
- Aggreko leads risers in London after decent update - Chinese manufacturing eases in December - Eurozone business activity picks up speed techMARK 2,667.87 +0.16% FTSE 100 6,470.25 +0.47% FTSE 250 15,279.52 +0.30% After a slow start, stocks in the UK were making moderate gains by Monday lunchtime
Read moreMonday broker round-up UPDATE
16th Dec 2013 08:16
Admiral Group: Deutsche Bank moves target price from 1300p to 1330p and maintains a hold recommendation. Allocate Software: N+1 Singer raises target price from 98p to 108p keeping a buy recommendation. Amlin: Deutsche Bank ups target price from 465p to 484p reiterating its hold recommendation. Ca
Read moreRPC Group buys packaging group Maynard & Harris
16th Dec 2013 07:34
Plastic packaging firm RPC Group has acquired personal care, healthcare and food packaging business Maynard & Harris (M&H) for 103.5m pounds. M&H, which employs around 700 people and sells mainly to markets in the UK, mainland Europe and the US, is to operate as an independent business within RPC's
Read moreFriday broker round-up UPDATE
29th Nov 2013 08:52
Bovis Homes: Panmure Gordon ups target price from 875p to 900p and stays with its buy recommendation. BowLeven: Barclays cuts target price from 175p to 135p maintaining its overweight rating. BT Group: Jefferies shifts target price from 430p to 435p and retains a buy recommendation. Compass Group
Read moreThursday broker round-up UPDATE
28th Nov 2013 08:23
Anglo American: Liberum Capital upgrades to hold with a target price of 1150p. Associated British Foods: Jefferies increases target price from 1750p to 2400p, while staying with its hold recommendation. Beazley: Canaccord Genuity ups target price from 260p to 270p leaving its buy recommendation un
Read moreEuropean weakness weighs on RPC
28th Nov 2013 07:49
- First-half profit down slightly, lifts dividend - Weak market conditions in Europe persist - Planning targeted acquisitions in Europe Plastic packaging firm RPC said first-half profit suffered a modest decline as it battles against subdued market conditions in Europe. "Continued weakness in cont
Read moreMonday broker round-up UPDATE
30th Sep 2013 08:23
African Minerals: Canaccord Genuity raises target price from 330p to 370p and keeps a buy recommendation. Avon Rubber: WH Ireland ups target price from 530p to 590p keeping a buy recommendation. WH Ireland takes target price from 530p to 590p and reiterates a buy recommendation. Barratt Developmen
Read moreLondon pre-open: Small decline expected in early trade
27th Sep 2013 07:12
City sources predict the FTSE 100 will open down around eight points from Thursday's close of 6,565.59, as investors weigh up the recent raft of data both at home and abroad. Mark Carney, the Bank of England Governor, has reportedly said that he sees no reason to continue bond-buying following sig
Read moreRPC says first half in line with expectations
27th Sep 2013 07:03
European plastic packaging supplier RPC Group expects revenues in the first half to increase on the back of growth across its products and a more favourable sterling-to-euro exchange rate. In a trading update for the period April 1st to September 30th, the company said it anticipates operating prof
Read moreMonday broker round-up UPDATE
23rd Sep 2013 09:06
African Barrick Gold: Citi takes target price from 93p to 119p, but still recommends selling. African Minerals: Citi increases target price from 320p to 330p and maintains a buy recommendation. Antofagasta: Citi shifts target price from 780p to 790p, while its sell recommendation remains unchanged
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreFTSE 250 movers: Ferrexpo jumps after solid first-half numbers
7th Aug 2013 14:55
Iron pellet producer Ferrexpo was the high riser on the FTSE 250 on Wednesday with shares up over 10 per cent after a solid first-half report. Revenues were up 6.0% year-on-year at $775m as strong sales demand offset lower market pricing. Analyst Louise Collinge from Investec said that underlying e
Read moreLondon midday: Markets underwhelmed by Carney's dovish guidance
7th Aug 2013 11:38
The FTSE 100 had sunk sharply by Wednesday lunchtime as markets reacted negatively to the Bank of England's (BoE) new forward guidance and improved growth forecasts. All eyes were on new BoE Governor Mark Carney today as he unveiled the central bank's quarterly Inflation Report in which he was wide
Read moreLondon open: Stocks fall as markets await Carney's forward guidance
7th Aug 2013 08:31
Markets opened with moderate losses on Wednesday morning as investors turned nervous ahead of the Bank of England's inflation report, the first under the governorship of Mark Carney. The heavyweight mining sector was again providing a drag on the FTSE 100 as metals prices fell, while a number of b
Read moreSector movers: Rexam, Vesuvius lift industrials higher
2nd Aug 2013 15:12
Consumer packaging firm Rexam and molten metal engineering outfit Vesuvius were giving the industrial sector a lift on Friday as investors celebrated the companies' half-year results. Rexam, the FTSE 100 group which makes beverage cans and packaging for healthcare/personal care products, pleased th
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