London open: Stocks inch higher ahead of data, but Greek worries persist
14th Apr 2015 08:19
After an initial drop, London's Footsie bounced into positive territory on Tuesday morning, though gains were only modest as investors awaited key economic data and reacted to uncertainty in Greece. Reports that Athens is preparing for a debt default if it can't reach a deal with its creditors were
Read moreFTSE 250 movers: IPF higher on upgrade, oil stocks and miners lower
24th Mar 2015 14:15
Shares in International Personal Finance shot up after Berenberg Bank upgraded its rating on the stock to 'buy' from 'hold'. "While FX and regulatory fears are weighing on the shares, IPF is exposed to significant long-term growth opportunities," said Berenberg. Hospital group Spire Healthcare saw i
Read moreShares in Spire Healthcare fall despite posting revenues in line with expectations
24th Mar 2015 08:14
Hospital group Spire Healthcare saw its shares go down on Tuesday despite posting full-year results in line with expectations. Revenue rose 12% to £856m, which was better than its previous forecasts. The group said in January that it expected revenues to be between £850 and £855m. The increase was h
Read moreFTSE 250 movers: Property and energy stock higher, Esure hit by downgrade
18th Mar 2015 12:59
Property service group Countrywide and estate agent Savills were trading higher after George Osborne announced his approval of a series of new housing zones in the Budget, including Plymouth and Blackpool. Spire Healthcare Group was also among the risers after JPMorgan raised their price target on t
Read moreFTSE 250 movers: Afren lower on debt-for-equity swap, retailers and health stocks higher
16th Mar 2015 14:11
Afren's share price was extending Friday's losses when the company proposed a debt-for-equity swap with lenders to keep it afloat. The deal will lead to a substantial dilution of shareholders' interests. More broadly, oil stocks tumbled on declining Brent crude prices, with Premier Oil and Nostrum O
Read moreThursday broker round-up UPDATE
28th Aug 2014 09:24
Antofagasta: Investec lowers target price from 720p to 719p and retains a sell recommendation. Arrow Global: Canaccord Genuity moves target price from 318p to 325p and keeps a buy recommendation. Numis downgrades from buy to add with a target price of 285p. Balfour Beatty: Berenberg moves target p
Read moreLondon close: Late slip sends Footsie lower
27th Sep 2010 16:43
After a sluggish day that saw shares mostly hovering around the zero mark, Footsie finished lower, in line with weakness in other markets. Worries over the Eurozone debt situation were at the fore again, sending shares in mainland Europe and the US lower, after the rating agency Moody's downgraded
Read moreLondon afternoon: Back to square one
27th Sep 2010 14:20
The market really can't make up its mind today, with the Footsie now back at Friday's closing level after opening firmer and then turning lower this morning. Unilever is the best performer. The household products group is paying $3.7bn (£2.3bn) in cash for America's Alberto Culver, adding the TRESe
Read moreLondon midday: Blue-chips turn south
27th Sep 2010 12:06
Investors with portfolios weighted towards second-liners are happier than those more exposed to blue-chip stocks, as the FTSE 100 turns south while the FTSE 250 pushes ahead. Wolseley, supplier of goods to the plumbing and heating trade, is to shift its tax base to Switzerland and resume paying div
Read moreLondon open: Gains continue
27th Sep 2010 08:55
Equities have extended Friday's near-1% rally following huge gains on Wall Street and triple-digit advances in the Far East. In company news, Wolseley, the supplier of goods to the plumbing and heating trade, is to shift its tax base to Switzerland and resume paying dividends. Although revenue for
Read moreSpice accepts £251m bid
27th Sep 2010 08:12
Spice, the provider of management services to utility firms, has finally agreed terms of a takeover by European buy-out specialist Cinven worth £251m, or 70p a share in cash. The UK firm had firmly rejected an initial approach in May worth 56p per share, and an improved offer of 62-65p in July, but
Read moreUK SMALLCAP ROUNDUP: Revolymer Gum To Go On Sale In US
9th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps REVOLYMER LTD., a U.K. company that developed a chewing gum that can be easily removed from the sidewalk said it completed the regulatory requirements to
Read moreUK SMALLCAP ROUNDUP: Bodycote 2010 Earnings To Top Market View
9th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps BODYCOTE PLC (BOY.LN), an engineer, Friday said 2010 earnings will be "significantly" ahead of market forecasts. Bodycote, which specializes in heat
Read moreSpice Unit Extends EDF Energy Contracts To 2015
9th Jul 2010 09:00
LONDON (Dow Jones)--Utility support services group Spice PLC (SPI.LN) Friday said its electricity business has received a five-year extension to its contracts with Electricite de France S.A.'s (DF.FR) EDF Energy division to 2015, on similar terms to previous deals. Spice didn't provide any speci
Read moreLondon close: Footsie ends on a high
6th Jul 2010 17:01
The FTSE 100 finished just three points shy of its high point for the day as miners, particularly copper miners, drove the market higher. Copper producers Antofagasta and Kazakhmys were the two best performers as the price of copper rose the most in a week on the back of declining stockpiles. Mini
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