London open: Stocks pull back from one-month high
7th Apr 2014 08:34
- Stocks track heavy losses in US and Asia - UK markets retreat from highest close since early March - CRH rises despite rivals' merger, housebuilders fall techMARK 2,741.16 -1.06% FTSE 100 6,646.69 -0.73% FTSE 250 16,282.85 -0.92% UK stocks fell sharply on Monday morning as investors booked profi
Read moreTesco Finance Director might be checking out
3rd Apr 2014 19:16
Some of the UK's largest grocers have been having a hard time of it over the last few years, forcing management teams to rethink their strategies, be it due to the financial crisis, higher food prices (until recently), the advent of digital marketing and distribution strategies or failed adventures
Read moreSector movers: Drink and supermarket stocks fall
1st Apr 2014 14:15
Beverages and food retailing were among the worst performing sectors on Tuesday in London after gloomy comments from analysts weighed on Peroni maker SABMiller and supermarket giant Tesco. SABMiller was down 0.7% at 2,974p this afternoon, continuing to pull back after hitting a two-month high on Fr
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreWednesday newspaper round-up: Sainsbury, SSE, Ukraine crisis
26th Mar 2014 06:53
For Clive Black, the Head of Research at Shore Capital, there is now a much more convincing case for the Qatar Investment Authority (QIA) to make a more strategic investment in troubled supermarket operator Sainsbury. After all, the grocer has an attractive annual cash return backed by assets. That
Read moreFriday broker round-up UPDATE
21st Mar 2014 09:36
Anglo American: Nomura reduces target price from 1550p to 1475p and retains a neutral rating. Antofagasta: Nomura cuts target price from 800p to 720p and stays with its reduce rating. Canaccord Genuity reduces target price from 1030p to 880p, while its buy recommendation is kept. ASOS: UBS reduces
Read moreWednesday broker round-up UPDATE
19th Mar 2014 09:00
Afren: Canaccord Genuity lowers target price from 185p to 180p and stays with its buy recommendation. Antofagasta: Westhouse Securities reduces target price from 1060p to 985p staying with its buy recommendation. Credit Suisse downgrades from neutral to underperform with a target price of 750p. JP
Read moreLondon close: Markets higher after Putin signs Russia-Crimea treaty
18th Mar 2014 16:50
- Putin says not interested in break-up of Ukraine - Russia to incorporate Crimea - Antofagasta down despite tripling expectations for dividend - Resolution sinks sharply as founders step down - ASOS, Speedy Hire plummet after updates techMARK 2,801.57 +0.19% FTSE 100 6,601.92 +0.51% FTSE 250 16,35
Read moreFTSE 100 movers: Resolution drops sharply despite annual profit jump
18th Mar 2014 13:06
Insurance group Resolution Limited fell sharply on Tuesday after underwhelming investors as it marked the end of its three-year restructuring programme with a big jump in profits in 2013. Resolution, which was set up as an insurance buyout and restructuring group in 2008, also announced that two of
Read moreBroker tips: Schroders, Sainsbury, Antofagasta, RSA
18th Mar 2014 12:36
Credit Suisse has lifted its target price for Schroders from 2,810p to 2,900p after the asset manager beat consensus forecasts with its 2013 results earlier this month. However, the bank maintained its 'neutral' recommendation on the shares, saying that while it sees improving flow momentum in 2014
Read moreLondon midday: Stocks erase losses as Russia accepts Crimea vote
18th Mar 2014 12:10
- Stocks jump after Putin comments - Russia to incorporate Crimea - Antofagasta, Sainsbury choppy after results - Resolution sinks sharply as founders step down - ASOS, Speedy Hire plummet after updates techMARK 2,790.58 -0.20% FTSE 100 6,590.24 +0.33% FTSE 250 16,255.78 -0.26% UK stocks had erase
Read moreJefferies highlights 'weakening trends' at Sainsbury
18th Mar 2014 09:55
Jefferies has retained its 'hold' rating and 350p target price for J Sainsbury, saying that the supermarket chain's fourth-quarter trading update shows "weakening trends". Jefferies said that Sainsbury's trading performance has been "slightly worse than feared" with like-for-like (LFL) sales exclud
Read moreTuesday broker round-up UPDATE
18th Mar 2014 08:58
Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom
Read moreLondon open: Stocks fall ahead of Putin speech on Crimea
18th Mar 2014 08:32
- Markets await comments from Putin on Crimea, sanctions - Antofagasta rises after 2013 results, Sainsbury gains - Resolution founders to step down - ASOS, Speedy Hire plummet after updates techMARK 2,789.35 -0.24% FTSE 100 6,551.61 -0.25% FTSE 250 16,261.53 -0.22% Following Monday's respite from
Read moreLondon pre-open: Stocks to slip on Sainsbury Q4, latest from Crimea
18th Mar 2014 07:40
The Footsie is set to start the day by edging lower, as investors digest a poor quarterly update from Sainsbury together with reports the accession of Crimea has been approved by Russian powers. City sources predict the FTSE 100 will open 10 points lower than yesterday's close of 6,568.35. Russia
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