London close: BSkyB leads markets higher after decent economic data
14th Jan 2014 16:31
- Markets at highest level since October 30th - UK inflation falls to BoE target - Eurozone industrial production, US retail sales beat forecasts - UBS highlights potential M&A at BSkyB techMARK 2,818.48 +0.54% FTSE 100 6,766.86 +0.14% FTSE 250 16,236.02 -0.12% Markets managed to finish in positiv
Read moreFTSE 100 movers: Sky lifted by broker comments
14th Jan 2014 15:07
UBS upgraded BSkyB to 'buy' this morning, giving the stock a decent lift as it said that competitive concerns have been priced in and growth opportunities are now being overlooked at the broadband and pay-TV group. It also sees M&A upside in the stock, speculating about a possible merger by Fox to c
Read moreLondon midday: Stocks lower but losses trimmed as inflation eases
14th Jan 2014 11:20
- CPI inflation falls to BoE target - US earnings season in focus - UBS sees merger opportunities at BSkyB - Ashmore reports fall in AuM techMARK 2,800.75 -0.09% FTSE 100 6,740.89 -0.24% FTSE 250 16,152.84 -0.63% Nervousness ahead of the US earnings season and a disappointing update from fund mana
Read moreLondon open: Markets pull back from 10-week high, Ashmore drops
14th Jan 2014 08:35
- Ashmore reports fall in AuM, drags peers lower - Lockhart quashes stimulus optimism - FTSE 100 pulls back from 10-week high techMARK 2,798.85 -0.16% FTSE 100 6,723.86 -0.49% FTSE 250 16,144.85 -0.68% A disappointing set of results from Ashmore and a host of other stocks on the FTSE 350 dampened
Read moreLondon close: FTSE 100 gains as Next lifts retailers higher
3rd Jan 2014 16:57
- UK construction, mortgage data beats forecasts - UK house prices continue to rise, business lending falters - China service-sector data disappoints - Retailers rise as Next lifts guidance after Christmas techMARK 2,788.64 +0.59% FTSE 100 6,730.67 +0.19% FTSE 250 16,020.47 +0.64% UK markets push
Read moreFTSE 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
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