Tuesday newspaper share tips: Randgold best of the miners to weather the storm
5th Jan 2016 10:35
(ShareCast News) - With equity prices falling on the first trading day of 2016, gold is being seen as a safe option and The Telegraph's Questor believes Randgold Resources is the best of the gold miners to hold on to. In Tuesday's column, it said that the FTSE 100 company is the largest pure gold pl
Read moreFTSE 100 movers: Miners slump on China data but Randgold shines
4th Jan 2016 14:00
(ShareCast News) - London's FTSE 100 was down 2.2% to 6,106.37 at 1418 GMT, kicking off the new year with broad-based losses following the release of uninspiring Chinese data. Heavily-weighted miners, which are heavily reliant on demand from China, were hit hard following the release of disappointin
Read moreRandgold pulls out of Ghana joint venture
21st Dec 2015 07:16
(ShareCast News) - Randgold Resources pulled out of a significant potential joint venture on Monday having talked up the opportunity less than three months ago. The FTSE 100 mining firm announced it had pulled out of its planned partnership with AngloGold Ashanti to redevelop the Obuasi Mine in Ghan
Read moreFTSE 100 movers: Mining millstone reverses, IHG and IAG jump
6th Nov 2015 14:10
(ShareCast News) - The FTSE 100 spiked in mid afternoon on Friday, rebounding on the back of the US jobs report, before promptly being yanked back into negative territory by the millstone of depressed mining stocks. Falling metals and oil prices cast initial pressure on the natural resources sectors
Read moreRandgold Resources third quarter profit slips despite record production
5th Nov 2015 07:43
(ShareCast News) - Randgold Resources posted reported a decline in third-quarter profit despite a rise to record production levels. Profit for the period came in at $48.8m (£31.7m), down from $66.0m in the same period last year as a sharp increase in gold production was offset by weaker gold prices
Read moreRandgold Resources pays off Tongon mine shareholder loans
26th Oct 2015 07:49
(ShareCast News) - Randgold Resources has paid off its shareholders' loans used to partially fund the Tongon gold mine. The FTSE 100 mining company announced on Monday it had repaid the loans worth a total of $448m, which was used to partially fund its capital investment of $580m. It moves the Côte
Read moreTuesday broker round-up
20th Oct 2015 11:15
(ShareCast News) - Domino's Pizza Group: Citigroup upgrades to buy, bumps up target price to 1,170.00p. Randgold Resources Ltd: Deutsche upgrades to buy, raises target price to 5,050.00p. Aveva Group: Berenberg Bank upgrades to buy, lifts target price to 2,450.00p. Dairy Crest Group: HSBC reiterat
Read moreLondon midday: Stocks slide on quiet day of news and economic data
12th Oct 2015 11:12
(ShareCast News) - London stocks were in the red amid a lack of drivers on a quiet day for news and economic data releases. A rally in Chinese stocks failed to boost the UK market, as the China Securities Journal reported that the deputy governor of the People's Bank of China said the country's s
Read moreLondon close: Stocks gain as disappointing non-farm payrolls push back rate hike forecasts
2nd Oct 2015 16:10
(ShareCast News) - UK stocks ended higher on Friday after a disappointing US non-farm payrolls report pushed back expectations for an interest rate hike. Non-farm payrolls rose 142,000 in September, falling well short of analysts' estimates for a 201,000 increase, the Labor Department revealed. Augu
Read moreFTSE 100 movers: Banks rise after PPI deadline proposed; Experian falls after hack
2nd Oct 2015 14:35
(ShareCast News) - After a strong start to the day, the FTSE drastically dropped back to 6,080.75 mid-afternoon, up 8.28 points (0.14%). Shares in banks were the big winners of the day after news the Financial Conduct Authority is considering a deadline of spring 2018 for any final payment protectio
Read moreFTSE 100 movers: Glencore down on fund criticism; Randgold shines on higher prices
18th Sep 2015 14:14
(ShareCast News) - The FTSE 100 moved into the red as investors in heavweight shares took no comfort from the US Fed decision not to raise interest rates on Thursday. As the week wound down, the index of 100 leading shares was 115 points, or 1.87% lower at 6069. Glencore shares led the fallers, plun
Read moreLondon midday: Stocks decline as investors digest FOMC's rate decision
18th Sep 2015 11:15
(ShareCast News) - UK stocks declined on Friday as the Federal Reserve decided to hold interest rates steady amid low inflation and global pressures. The Federal Open Market Committee announced it would keep rates at 0.25% overnight. The move came as concerns over China's economic slowdown has weigh
Read moreLondon open: Stocks open in the red after Fed keeps rates unchanged
18th Sep 2015 08:32
(ShareCast News) - UK stocks opened in negative territory on Friday as the market continued to process the Federal Reserve's decision to keep interest rates unchanged. The Federal Open Market Committee announced it would hold rates at 0.25% amid low inflation and the recent global market turbulence.
Read moreSector movers: Commodity stocks gain in 'risk-on' session
16th Sep 2015 16:44
(ShareCast News) - Risk on was the name of the game on Wednesday, as traders positioned themselves for the outcome of the US Federal Reserve's interest rate decision on the next day. That put a wind in the sails of commodity-related stocks, which as a group did best on the top flight index. Glencor
Read moreLondon midday: Stocks edge higher as China unveils state-firm reforms
14th Sep 2015 11:50
(ShareCast News) - London stocks edged higher on Monday after China revealed details of state-business reforms as worse-than-expected data fuelled concerns about the nation's slowdown. China on Sunday outlined plans to restructure its state-owned enterprises, including partial privatisation. The pro
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