Wednesday broker round-up - UPDATE
29th Feb 2012 09:11
ITV: Nomura maintains neutral recommendation and 88p target; Prime Markets gives buy rating and 95p target; Peel Hunt ups target from 83p to 88p, hold rating kept. Standard Chartered: Nomura keeps buy rating and 1,800p target. CRH: UBS ups target from 1,150p to 1,300p, neutral rating kept. Schrod
Read moreLondon open: Stocks slip after Greek bailout approval
21st Feb 2012 08:19
- Eurogroup approves Greek bailout. - Euro strengthens after announcement. - Footsie slips early on with oil stocks weighing on index. Despite Eurozone finance ministers doing what many had expected by approving the next tranche of aid for Greece, the Footsie opened moderately lower on Tuesday morn
Read moreLondon close: Optimistic mood ahead of Eurogroup, but risks remain
17th Feb 2012 17:10
-Merkel optimistic about Eurogroup meeting. -Miners lead gains on Footsie. -Retailer rise on economic data. London's benchmark index finished the week strongly - up 53 points on last Friday's close of 5,852 - as markets expressed confidence that the next Greek bailout can be secured on Monday. Af
Read moreFriday broker round-up -UPDATE
17th Feb 2012 09:09
Ashmore: HSBC downgrades to underperform from neutral. Schroders: Citi downgrades to sell from neutral. Barclays: AlphaValue downgrades to reduce from add and lowers target to 243.9p from 283.4p. Tesco: Nomura reduces target from 500p to 430p, buy rating unchanged. InterContinental Hotels: UBS
Read moreLondon open: Stocks rise on Greek optimism
17th Feb 2012 08:24
- Footsie rises as Greek optimism boosts buying. - Resources stocks track commodities prices higher. - Record underlying earnings for Anglo American. London's blue chips recovered after yesterday's fall with the Footsie rising strongly in early trading on Friday on reports of measures by European l
Read moreFriday broker round-up -UPDATE
10th Feb 2012 10:27
Ferrexpo: Rennaisance downgrades to hold. ICAP: Goldman Sachs downgrades to neutral from buy. Schroders: Goldman Sachs upgrades to buy from neutral. Next: Deutsche Bank upgrades to buy from hold. National Grid: JP Morgan downgrades to neutral from outperform. Barclays: Nomura maintains buy
Read moreLondon midday: Stocks up as investors await news from Greece
8th Feb 2012 11:46
- Reckitt, miners and banks provide a lift on the FTSE 100. - Big movers on the FTSE 250 drag index into the red. - Markets await news from Greek meetings. Stocks pared gains by midday but were still trading in positive territory as investors awaited developments from Greece with leaders still grap
Read moreLondon open: Stocks rise with Greece in focus
8th Feb 2012 08:42
- Greek leaders scheduled to discuss draft deal. - Reckitt rises strongly after beating full-year targets. - Miners, financials provide a lift. Stocks opened higher on Wednesday following two days in the red, with banks and resource stocks providing a lift. Worth noting, the FTSE All-World equity i
Read moreSchroders director buys stock as partnership is announced
6th Feb 2012 14:10
Robin Buchanan, an independent non-executive director of Schroders, the FTSE 100 asset management firm, has bought 205 non-voting ordinary shares in the firm for 1,212p each. The move takes his total to 2,368 non-voting shares. Buchanan, 59, joined the board in March 2010, and is a member of the
Read moreLondon close: Financials surge as macro data lifts sentiment
1st Feb 2012 17:00
- Schroders leads financial stocks higher as risk appetite increases. - Manufacturing data from UK, Europe, US and China well-received. - Greece 'one formal step away' from deal. The Footsie finished with a triple-digit point gain on Wednesday after manufacturing data from across the globe lifted s
Read moreTuesday broker round-up - UPDATE
10th Jan 2012 09:15
Cairn Energy: Oriel upgrades to add from hold. Tesco: Bank of America Merrill Lynch downgrades to neutral from buy. Marks & Spencer: Panmure Gordon reiterates hold and 307p target; Peel Hunt maintains hold and 350p target. Barclays: UBS cuts target from 215p to 199p, neutral rating unchanged. R
Read moreLondon midday: Stocks higher after GDP data
22nd Dec 2011 11:35
Gains were bolstered by midday on the FTSE 100 with some better-than-expected GDP data helping to boost sentiment. Financials were among the high risers of the day, with Schroders, Lloyds, RBS and Old Mutual among the best performers. UK gross domestic product (GDP) grew by 0.6% in the third quarte
Read moreLondon midday: Footsie retreats after positive start
14th Nov 2011 12:18
The early optimism faded in late morning trade, with the Footsie now trading nearly 1% lower despite a positive start early on, after an Italian bond sale saw significantly higher yields than last month's. Meanwhile, investors will still be digesting the latest shake-ups in Italian and Greek politic
Read moreLondon close: Italian vote drives late surge
11th Nov 2011 16:46
Just four stocks finished in the red in London as the Footsie closed 1.85% higher, near its highest levels of the day. Sentiment was given a lift around midday after positive newsflow out of Italy and some encouraging economic data from the US. ITALIAN YIELDS DOWN; US DATA PROVIDES A LIFT Italy's
Read moreFTSE 100 Movers: Schroders tops the list
11th Nov 2011 12:30
Schroders was the top riser after Deutsche Bank upgraded the stock to hold from sell, and even though Credit Suisse cut its target to 1,390p from 1,450p. AMEC was also rising after Galvan Research marked the stock out as a buy, saying that it expects the engineering and project management services
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