Wednesday broker round-up UPDATE
20th Feb 2013 07:04
Amara Mining: Goldman Sachs moves target price from 90p to 55p downgrading to neutral. Aureus Mining: Goldman Sachs revises target price from 65p to 55p retaining a neutral rating. Avocet Mining: Goldman Sachs cuts target price from 55p to 30p and upgrades from sell to neutral. AZ Electronic Mate
Read moreLondon close: Political uncertainty caps gains
6th Feb 2013 16:48
If in the best of times equities would find it hard going to continue advancing in the face of higher bond yields and rising energy quotes then even more so now that political uncertainty in the Eurozone, namely in Italy this time, as well as in the US is re-emerging a little. Thus, in the ear
Read moreFTSE 100 movers: Hargreaves Lansdown rises on record revenue
6th Feb 2013 15:28
Financial service company Hargreaves Lansdown on Wednesday posted record revenue and profits for the last half of 2012 driven by a boost in client numbers. Those prompted an upgrade out of Cannacord to buy. Metal mining company Eurasian Natural Resources was higher following the release of its fou
Read moreLondon midday: Stocks holding higher for now
6th Feb 2013 12:00
By the midday mark the Footsie was continuing to trade slightly higher, tracking overnight gains on Wall Street and in Tokyo. The latter came in response to news that Bank of Japan Governor, Masaaki Shirakawa, will step down on March 19th, almost three weeks ahead of schedule, which some observers
Read moreWednesday broker round-up UPDATE
6th Feb 2013 10:12
ARM Holdings: Investec ups target price from 900p to 940p, maintaining its hold recommendation. JP Morgan increases target price from 540p to 625p and retains a neutral rating. UBS moves target price from 900p to 930p, while its neutral rating is reiterated. Espirito Santo raises target price from 8
Read moreLondon open: Stocks undaunted ahead of central banks
6th Feb 2013 09:24
The Footsie has begun the day with a moderate move higher, tracking overnight gains on Wall Street and in Tokyo. The latter came in response to news that Bank of Japan Governor, Masaaki Shirakawa, will step down on March 19th, almost three weeks ahead of schedule, which some observers interpreted a
Read moreLondon close: Corporate earnings, services data push markets higher
5th Feb 2013 16:27
The FTSE 100 staged a partial recovery today after Monday's sell-off, with decent corporate earnings and better-than-expected service-sector data doing their bit to repair damaged market sentiment. London's benchmark index slumped 100 points yesterday as political uncertainty in the Eurozone result
Read moreThursday broker round-up UPDATE
31st Jan 2013 07:07
Aberdeen Asset Management: Bank of America ups target price from 400p to 425p maintaining a neutral rating. Afren: JP Morgan lowers target price from 210p to 195p and downgrades to neutral. Amino Technologies: Northland Capital raises target price from 85p to 90p keeping a buy recommendation. Ant
Read moreLondon close: FTSE 100 edges closer to 6,300 after recent strong run
28th Jan 2013 16:58
Improving newsflow in China and some better-than-expected economic data from the US helped the FTSE 100 come close to the 6,300 barrier on Monday, a level not seen since mid-2008. "What seems to be an unrelenting grind higher has continued today, with fund manager's chatter of the big rotation bein
Read moreSchroders trader arrested on suspicion of insider dealing
22nd Jan 2013 12:26
British asset management firm Schroders confirmed London police on Tuesday arrested an employee on suspicion of insider dealing. The trader was among five people - two men and three women - who were detained as part of an investigation by the UK Financial Services Authority (FSA). They were ques
Read moreTuesday broker round-up UPDATE
22nd Jan 2013 07:06
Afren: Liberum Capital shifts target price from 120p to 123p staying with its hold recommendation. ASOS: Exane BNP increases target price from 3000p to 3100p and retains an outperform rating. BP: RBC downgrades to sector perform from outperform. Brammer: Peel Hunt moves target price from 300p to
Read moreLondon midday: Financials lead markets higher
14th Jan 2013 11:46
UK stocks were trading cautiously on Monday morning ahead of the official start of US corporate earnings season. However, markets were registering slight gains after dovish comments from a member of the Federal Reserve Stateside. Federal Reserve Bank of Chicago President Charles Evans said that the
Read moreMonday broker round-up UPDATE
14th Jan 2013 06:57
Aberdeen Asset Management: JP Morgan ups target price from 414p to 479p and retains an overweight rating. HSBC downgrades to neutral. Aggreko: UBS cuts target price from 2350p to 2250p maintaining a buy rating. ARM Holdings: Piper Jaffray downgrade to neutral. Ashmore Group: JP Morgan shifts ta
Read moreLondon close: Markets end the week with slight gains
11th Jan 2013 17:04
- Japan launches new stimulus package - Chinese inflation rises in December - Tullow misses production forecasts in 2012 UK stocks finished with slight gains on Friday on the back of plans for economic stimulus in Japan, as markets were able to shrug off some weakness in the mining sector. The F
Read moreLondon midday: Stocks rise as Japan attempts to boost growth
11th Jan 2013 11:31
- Japan launches new stimulus package - Chinese inflation rises in December - UK production misses the mark in November Markets were making small gains on Friday morning as hopes for the Japanese economy offset concerns about price rises in China and a downbeat reading of UK production. News from
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