FTSE 100 movers: Next charges higher after strong trading report
3rd Jan 2014 15:15
Shares in Next rose to the top of the leaderboard today after the home and clothing retailer raised its full-year profit forecast after achieving a rise in fourth-quarter sales ahead of the UK retailer's expectations. The group also declared a 50p special dividend. Giving the group a further lift,
Read moreLondon midday: Retailers buoy markets, UK data comes in strong
3rd Jan 2014 11:31
- UK construction, mortgage data beats expectations - China services PMI eased in December - Next surges after bullish Q4 update, guidance techMARK 2,779.70 +0.26% FTSE 100 6,722.39 +0.07% FTSE 250 15,972.09 +0.33% Markets got off to a slow start on Friday morning but had pushed into positive terr
Read moreBroker tips: Next, Serco, Asset managers
3rd Jan 2014 11:27
Nomura has upgraded its rating for Next from 'neutral' to 'buy' after a bullish trading update on Friday, saying that the company has shown 'consistent execution'. Its target price for the stock has been hiked from 5,380p to 6,500p. "In our view, Next's strong delivery stems from its high hurdle ra
Read moreBroker snap: Barclays sees improving outlook for UK asset managers
3rd Jan 2014 09:17
Analysts at Barclays Capital have highlighted potential improving flows for UK asset managers, saying that stocks will benefit from a bullish outlook for 2014. According to the bank, its group of listed UK asset managers outperformed in 2013, rising on average by 38% compared with the FTSE 100 and
Read moreLondon close: Financials bolster markets on quiet day
11th Nov 2013 16:30
- Banks gains on quiet day for financial markets - Media stocks in focus after BT-UEFA dea - 'Lack of overall volatility', says analyst techMARK 2,640.62 +0.01% FTSE 100 6,728.37 +0.30% FTSE 250 15,420.36 +0.51% Strong gains in the heavyweight financial sector pushed the FTSE 100 into positive ter
Read moreFTSE 100 movers: BSkyB and ITV hit by BT's big win
11th Nov 2013 14:42
In a major blow to BSkyB and ITV, telecoms group BT confirmed that it has won the exclusive rights to broadcast live the UEFA Champions League and UEFA Europa League for three seasons. This is the first time a single UK broadcaster has won the rights to all matches from both tournaments; Sky and ITV
Read moreLondon midday: Financials offset falls from BSkyB, RSA
11th Nov 2013 11:44
- Markets rise but BSkyB and RSA limit upside - Media stocks in focus after BT-UEFA deal - Investors continue to speculate about Fed taper techMARK 2,646.21 +0.22% FTSE 100 6,725.09 +0.25% FTSE 250 15,395.41 +0.35% Decent gains in the financial sector helped UK markets higher on Monday morning, th
Read moreLondon close: FTSE ends on high note after payrolls beat expectations
8th Nov 2013 16:37
- FTSE ends day 11 points higher - US payrolls come in above expectations - IAG leads gains techMARK 2,640.30 -0.10% FTSE 100 6,708.42 +0.17% FTSE 250 15,342.03 -0.31% After spending much of the day in the red, the FTSE 100 ultimately ended the final session of the week on a much more positive not
Read moreSector movers: IAG and Rolls-Royce lead aerospace sector higher
8th Nov 2013 15:40
The aerospace and defence sector was the top performer on Friday with International Consolidation Airlines Group leading the way after the company's third quarter profits beat forecasts. Rolls-Royce, which supplies engines to the aerospace market, also boosted the industry after saying it expects
Read moreFTSE 100 movers: IAG leaps on strong Q3 results
8th Nov 2013 14:51
International Consolidated Airlines Group (IAG) charged higher after it delivered a "strong" set of third quarter results which showed British Airways' performance had taken off aided by the bounce back from the Olympics effect last year. The airlines group reported three month pre-tax profit had so
Read moreLondon midday: Investors cautious ahead of US jobs report
8th Nov 2013 11:34
- FTSE down 32 points - Investors await jobs report - Surprise fall in UK construction output techMARK 2,625.04 -0.68% FTSE 100 6,664.27 -0.49% FTSE 250 15,302.27 -0.57% The FTSE continued to sit firmly in the red by lunchtime as investors await today's all-important jobs report, which will be a
Read moreFriday broker round-up UPDATE
8th Nov 2013 09:21
Abcam: Canaccord Genuity moves target price from 396p to 386p and keeps a sell recommendation. N+1 Singer shifts target price from 450p to 445p downgrading to sell. Aberdeen Asset Management: Jefferies lowers target price from 440p to 430p and reiterates a hold recommendation. Anglo American: Gold
Read moreLondon close: Stocks fall as Fed speculation overshadows ECB euphoria
7th Nov 2013 16:31
- ECB cuts main policy rate - US GDP picked up in Q3, eyes turn to jobs data - Randgold jumps after Q3 results techMARK 2,643.07 -0.40% FTSE 100 6,697.22 -0.66% FTSE 250 15,389.52 -0.09% As the initial euphoria following a rate cut in Europe faded, UK stocks swung sharply into the red on Thursday
Read moreFTSE 100 movers: Randgold leaps on strong profit rise
7th Nov 2013 15:17
Randgold Resources was the strongest riser after it said quarter-on-quarter profit increased 80 per cent following a strong performance by its flagship Loulo-Gounkoto complex in Mali. The group said gold sales increased to $348.7m from $318.3m a year earlier as the average gold price received per
Read moreSchroders profits up but investors cash in gains - UPDATE
7th Nov 2013 13:10
- Third quarter profits up - Assets under management reach 256.7bn pounds - Shares retreat after strong run Schroders reported a sharp rise in third quarter profits helped by its recent acquisition of Cazenove Capital. The fund manager said pre-tax profits rose to £106.2m in the three months to th
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