London open: Stocks edge higher as investors focus on ECB
5th Mar 2015 08:07
Stocks began the morning moving slightly higher ahead of a key policy meeting of the European Central Bank. Meeting in Cyprus, the assembled central bankers are expected to unveil the monetary authority's latest set of macroeconomic projections, which may provide clues on the extent to which its new
Read moreLondon pre-open: All eyes on the ECB
5th Mar 2015 07:44
Futures are now pointing to a nearly flat start today for the Footsie, as investors wait on tomorrow's US non-farm payrolls data and ahead of today's Bank of England and European Central Bank policy meetings. The ECB is on Thursday expected to provide further details of its €1.1trn quantitative easi
Read moreTuesday broker round-up
9th Dec 2014 09:23
Aberdeen: Cantor Fitzgerald initiates with a target price of 520p and a 'buy' recommendation. Aggreko: Jefferies reduces target price from 1810p to 1350p, downgrading to 'underperform'. Ashcourt Rowan: Cantor Fitzgerald initiates with a target price of 270p and a 'buy' recommendation. Ashmore: Can
Read moreTuesday newspaper round-up: Germany, Schroders, Goldman Sachs
25th Nov 2014 06:41
German bond yields are to fall below Japanese levels and plumb depths never seen before in history as Europe becomes the epicentre of global deflationary forces, according to new forecast from the Royal Bank of Scotland. "We are seeing `Japanification' setting in across Europe," said Andrew Roberts,
Read moreTuesday broker round-up
18th Nov 2014 09:42
Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric
Read moreTuesday broker round-up UPDATE
11th Nov 2014 09:55
AdEPT Telecom: WH Ireland moves target price from 170p to 185p, keeping its buy recommendation. Northland moves target price from 165p to 175p and maintains a buy recommendation. Betfair: JP Morgan raises target price from 1175p to 1350p and upgrades from neutral to overweight. BHP Billiton: JP Mor
Read moreFriday broker round-up UPDATE
7th Nov 2014 09:44
AstraZeneca: Deutsche Bank increases target price from 4100p to 4350p and reiterates its hold recommendation. AVEVA: Societe Generale reduces target price from 2250p to 2000p, while keeping its buy recommendation. Big Yellow Group: Citi raises target price from 470p to 540p and maintains its neutra
Read moreSchroders reports increase in third quarter pre-tax profit
6th Nov 2014 08:15
Schroders reported an increase in third quarter pre-tax profit as the asset management company secured new business. Profit before tax and exceptional items in the three months to 30 September was £119.7m, up from £109.6m the previous year, as asset management net revenue rose to £329.5m from £315m.
Read moreBroker tips: Legal & General, Shire, Anglo American...
4th Nov 2014 12:05
Broker Berenberg is advising investors to take cover in Legal & General after the insurer and pension provider doubled its annuity sales target for 2014 despite turbulence caused by a UK government pension shake-up. Berenberg has a 'buy' recommendation on L&G with a 265p price target. Analysts at Sw
Read moreCredit Suisse turning positive on asset managers, upgrades Schroders and Jupiter
4th Nov 2014 09:56
Credit Suisse said on Tuesday that it is "turning more positive" on the European asset-management sector as it upgraded its ratings for Schroders and Jupiter Fund Management. Following market weakness at the end of the third quarter and beginning of the fourth, Schroders is now rated 'outperform' (p
Read moreTuesday broker round-up UPDATE
4th Nov 2014 09:32
Aberdeen Asset Management: Credit Suisse ups target price from 440p to 455p and keeps a neutral rating. Anglo Eastern: FinnCap initiates with a target price of 880p and a buy recommendation. Ashmore: Credit Suisse downgrades to underperform. Barclays: Citi moves target price from 300p to 315p stay
Read moreFriday broker round-up UPDATE
24th Oct 2014 10:11
Advanced Medical Solutions: Oriel initiates with a target price of 135p and a buy recommendation. African Barrick Gold: JP Morgan moves target price from 300p to 310p maintaining its overweight rating. Canaccord Genuity reduces target price from 330p to 275p keeping a buy recommendation. Numis moves
Read moreWednesday broker round-up UPDATE
27th Aug 2014 09:57
Antofagasta: Westhouse Securities reduces target price from 885p to 805p and stays with its neutral rating. Bunzl: Deutsche Bank ups target price from 1508p to 1565p leaving its hold recommendation unchanged. Chime Communications: Canaccord Genuity lowers target price from 390p to 385p and maintai
Read moreLondon midday: UK stocks advance as investors shrug off weak data
21st Aug 2014 12:01
- Mining stocks fall as Chinese data weakens - Eurozone PMIs and UK retail sales disappoint - US data, Jackson Hole ahead techMARK 2,810.76 +0.50% FTSE 100 6,772.04 +0.25% FTSE 250 15,797.15 +0.31% Falls in the heavyweight mining sector weren't enough to stop the FTSE 100 from advancing on Thursda
Read moreFTSE 100 movers: Admiral and Glencore shares fall after H1 results
13th Aug 2014 14:49
Car insurance group Admiral was a heavy faller on Wednesday after the group said turnover in the first half was down 5% at £1.04bn as a 9% rise in customers was outweighed by a fall in premiums over last year. The company said that while UK premiums are no longer falling a return to growth remains e
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