Sector movers: Utilities feeling the heat after criticism from Energy Secretary
10th Feb 2014 13:12
Utilities stocks were under selling pressure on Monday after the UK Energy Secretary raised concerns about profit margins at the country's largest energy companies. Shares in British Gas owner Centrica were the hardest hit after Ed Davey ordered a regulatory probe into high household bills and sugg
Read moreFTSE 100 movers: Miners gain, Barclays leads banks higher
10th Feb 2014 12:43
Mining stocks were among the best performers on the FTSE 100 on Monday with precious metal producers Fresnillo and Randgold rising strongly as gold and silver prices advanced. Barclays was making gains despite claims that confidential details of clients had been stolen and sold. Investors were also
Read moreLondon midday: Barclays gains, Centrica falls as markets hold steady
10th Feb 2014 11:37
- Markets pause at two-week high - Central bankers in focus ahead of speeches - Barclays gains despite data leak, profit guidance - Energy Secretary concerns with energy profit margins techMARK 2,792.81 +0.09% FTSE 100 6,567.75 -0.06% FTSE 250 15,877.62 +0.08% UK markets more or less unchanged by
Read moreLondon open: Markets at two-week high as stocks edge up
10th Feb 2014 08:25
- FTSE 100 at highest since January 24th - Markets look ahead to speeches from central banker - Centrica feeling the heat after Energy Secretary claims techMARK 2,795.99 +0.20% FTSE 100 6,579.86 +0.12% FTSE 250 15,890.35 +0.16% UK stocks opened higher on Monday morning with the FTSE 100 trading at
Read moreTuesday broker round-up UPDATE
4th Feb 2014 09:20
Alumasc: FinnCap ups target price from 142p to 167p and retains its buy recommendation. Barratt Developments: Barclays increases target price from 444.7p to 471.2p and keeps an overweight rating. Bellway: Barclays raises target price from 1498.1p to 1552.6p, but keeps an underweight rating. Berke
Read moreFriday newspaper round-up: BoE, SSE, Microsoft...
24th Jan 2014 07:33
Mark Carney, Bank of England governor, has signalled that his policy of linking interest rates to the unemployment rate will be buried less than six months after its birth. He said the British economy was "in a different place" from last summer. Mr Carney flagged the U-turn at the World Economic For
Read moreSSE's household customers and energy consumption falls
23rd Jan 2014 07:54
- Household customers and consumption falls - Wholesale electricity output rises, gas drops - SSE to cap energy prices UK electric utility company SSE has reported a drop in household consumption in the nine months to December 31st 2013. The average consumption of electricity by households fell by
Read moreSunday newspaper round-up: Lloyds, Tesco, Mothercare, Legal & General
19th Jan 2014 15:44
The government could sell its next batch of Lloyds Banking Group shares as early as mid-February, the Sunday Telegraph said. The sale would be a book-build for institutional investors followed by a large offer to retail investors. Labour leader Ed Miliband's call for the breakup of Britain's biggest
Read moreLondon close: FTSE 100 breaks 6,800 to finish at eight-month high
15th Jan 2014 16:36
- Burberry jumps after Q3 growth beats forecasts - Anglo American gains after UBS upgrade - World Bank revises up growth forecasts - FTSE 100 at eight-month high; DAX hits new record techMARK 2,840.71 +0.79% FTSE 100 6,819.86 +0.78% FTSE 250 16,292.94 +0.35% Stocks finished strongly on Wednesday,
Read moreFTSE 100 movers: Hargreaves hit by changes under RDR
15th Jan 2014 14:56
Financial services company Hargreaves Lansdown plunged into the bottom spot today after it said that new rules under the Retail Distribution Review (RDR) would trim revenues by around 9m pounds and would reduce client charges by 8m pounds in the first 12 months and said it will need to gather approx
Read moreLondon midday: FTSE 100 closing in on 6,800 as stocks gain
15th Jan 2014 12:04
- Burberry jumps after Q1 sales growth - Anglo American lifted by UBS upgrade - Credit Suisse prefers life insurers over P&Cs - World Bank raises 2014 growth forecasts techMARK 2,830.56 +0.43% FTSE 100 6,791.80 +0.37% FTSE 250 16,254.51 +0.11% Stocks rose to an eight-month high on Wednesday mornin
Read moreBroker snap: Barclays downgrades Centrica and SSE
15th Jan 2014 11:51
Predicting a cost squeeze regardless of the result of the next UK general election, Barclays has downgraded both Centrica and SSE to 'underweight'. In a research note, utilities analysts at the bank said a retail margin squeeze appeared to be inevitable, as declining consumption and other forecast
Read moreLondon open: Burberry lifts FTSE 100 to eight-month high
15th Jan 2014 08:44
- Burberry jumps after Q1 sales growth - Anglo American lifted by UBS upgrade - World Bank raises 2014 growth forecasts techMARK 2,830.00 +0.41% FTSE 100 6,792.24 +0.38% FTSE 250 16,280.74 +0.28% Strong gains from Burberry and Anglo American helped markets higher on Wednesday morning, sending Lond
Read moreFTSE 100 movers: Morrison regains recent losses on dividend hopes
13th Jan 2014 15:17
Supermarket group Morrison was the top riser this afternoon as it continued to recover after a steep fall last week following a bigger-than-expected drop in like-for-like sales over Christmas. Broker Shore Capital said it expects activist investors to continue to show interest in Morrisons as report
Read moreFTSE 100 movers: RSA rises on confidence ahead of investigation result
8th Jan 2014 16:01
RSA Insurance climbed strongly ahead of receiving the results of an independent investigation after it reiterated its confidence that the recent financial irregularities are isolated to its Irish business. The results are due to be announced tomorrow. Banking stocks were extending yesterday's gain
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