18th Jun 2013 17:04
After a subdued start, the FTSE 100 finished with impressive gains on Tuesday as investors put aside worries ahead of the key 'risk event' of the week, the monetary policy meeting at the Federal Reserve. Banking stocks in London were performing well today after the China Securities Journal suggeste
Read more18th Jun 2013 14:28
FirstGroup's shares rebounded from Monday's slump as advisors to the transport operator tried to gain support ahead of the closing of the company's 600m pound rights issue next year. Aveva Group advanced after Citigroup lifted its rating of the British multinational company to 'buy' from 'neutral'
Read more18th Jun 2013 11:20
Markets were issuing decent gains on Tuesday morning with investors choosing to be optimistic ahead of the all-important monetary policy meeting in the States which concludes tomorrow. Helping sentiment this morning was Germany's closely-watched ZEW survey which showed that the economic sentiment i
Read more18th Jun 2013 11:01
Citigroup has upgraded its recommendation for HSBC from 'neutral' to 'buy', saying that the future looks better for the global banking giant. The broker said: "With most of the concerns (like US asset quality issues, anti-money laundering fines etc) behind them, and potential benefits once net inte
Read more18th Jun 2013 10:56
Investec has maintained its 'buy' stance for SDL despite a severe profit warning from the translation and communications software firm on Tuesday, saying that it expects the company's performance to improve next year. The FTSE 250-listed company said profit before tax (PBT) and amortisation for 201
Read more18th Jun 2013 08:33
UK stocks were in positive territory in early trading on Tuesday though gains were only slight with markets cautious ahead of the all-important monetary policy meeting in the States. The two-day Federal Open Market Committee meeting which concludes tomorrow will likely keep upside on markets limite
Read more18th Jun 2013 08:19
Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 350p. Andes Energia: Westhouse Securities initiates with a target price of 60p and a buy recommendation. Andor Technology: Investec reduces target price from 525p to 360p downgrading from buy to hold. A
Read more18th Jun 2013 07:08
Shares of translation and communications software firm SDL plummeted after the group lowered its outlook for the current financial year following a weaker than expected first half performance. The FTSE 250-listed company said profit before tax and amortisation for the year is now expected to be wit
Read more5th Jun 2013 08:00
SDL, the FTSE 250-listed translation and communications software firm, has named Director David Clayton as its new Non-Executive Chairman, the company said on Wednesday morning. Clayton will take over the role on July 1st from Mark Lancaster who has been running as both Chief Executive Officer (CEO
Read more25th Apr 2013 17:00
UK growth figures prompted a mixed reaction on stock markets on Thursday as stronger-than-expected activity in the first quarter quashed hopes that the Bank of England (BoE) would ramp up its quantitative easing programme in order to kick-start the economy. Nevertheless, data from the States lifted
Read more25th Apr 2013 16:05
Home credit business International Personal Finance rose after it saw an increase in profits in the first quarter boosted by new customers and growing loan values. Wealth management company St James's Place has delivered another strong period of growth during the first three months of the year. The
Read more25th Apr 2013 09:07
Barclays: Morgan Stanley lowers target price from 438p to 424p and reiterates an overweight rating. Bellzone Mining: Investec reduces target price from 21p to 5.28p and downgrades to hold. BG Group: Bank of America cuts target price from 1300p to 1250p retaining a neutral rating. Brown (N) Group:
Read more25th Apr 2013 07:46
SDL, which provides language localisation and translation software, said its performance for the first quarter was behind management's expectations. Results for the first three months of the year fell short of the company's guidance reflecting flat revenues in its technology segment and less than h
Read more23rd Apr 2013 08:19
Translation and communications software company SDL, has appointed Grant Johnson, a high-tech marketing executive, as its Chief Marketing Officer (CMO). Johnson, who until joining SDL was CMO at business process management company Pegasystems, a $460m provider of customer service and marketing aut
Read more4th Apr 2013 11:00
Tradenext has highlighted opportunities for potential upside in the mining sector following the sell-off in recent weeks, though these opportunities are high risk, the broker warned. "China growth rates are slowing but surely the prices of some of these shares are at silly levels and could easily j
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