Tuesday broker round-up UPDATE
5th Aug 2014 11:02
Acal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
Read moreWednesday broker round-up UPDATE
30th Jul 2014 09:50
Antofagasta: Westhouse Securities downgrades from add to neutral with a target price of 885p. Investec places its target price (prev.: 690p) under review, while keeping its sell recommendation. Aureus Mining: FinnCap lowers target price from 66p to 62p maintaining a buy recommendation. British Ame
Read moreLondon close: GKN and Next lead FTSE to 20 point gain
29th Jul 2014 16:59
- FTSE up 19.68 points to 6,807.75 - US house prices up 9.3% in April - Housing data shows 0.2% monthly increase techMARK 2,782.23 +0.22% FTSE 100 6,807.75 +0.29% FTSE 250 15,687.02 +0.45% A positive response to updates from engineer GKN and fashion retailer Next drove the FTSE 100 index 19.68 poi
Read moreFTSE 100 movers: GKN leads after profits rise
29th Jul 2014 15:55
GKN climbed to the top spot after saying that a good performance by its automotive business fuelled 6% higher profits at the engineering group in the first half to £296m. However, a strong pound saw sales fall 1%. High street giant Next rose after lifting its sales and profit guidance for the full
Read moreBroker tips: Standard Chartered, GKN, St James's Place
29th Jul 2014 13:11
Standard Chartered's share price was making gains on Tuesday after analysts at JPMorgan Cazenove upgraded their rating on the stock from 'neutral' to 'overweight' following a "material underperformance" over the past year. JPMorgan said that shares of the emerging markets-focused bank have underper
Read moreSt James's Place misses profit forecasts, but analysts stay upbeat
29th Jul 2014 12:36
Shares in St James's Place (SJP) dropped on Tuesday despite the wealth manager hiking its interim dividend and giving a bullish outlook, as first-half profits came in lower than analysts' expectations. Nevertheless, brokers kept their positive recommendations on the stock, with Berenberg and Panmur
Read moreLondon midday: UK stocks rise as blue-chip earnings impress
29th Jul 2014 12:08
- GKN, Next and Mondi impress, StanChart upgraded - St James's Place and BP fall - Gains capped by geopolitics, upcoming US data - Petra Diamonds sinks as shareholders sell stake techMARK 2,786.59 +0.38% FTSE 100 6,811.75 +0.35% FTSE 250 15,712.91 +0.62% UK stocks snapped a two-day losing streak
Read moreLondon open: GKN leads UK stocks higher, but upside limited
29th Jul 2014 09:09
- GKN, Next and Mondi impress with updates/results - St James's Place drops despite strong first half - West-Russia tensions rise as sanctions eyed - US data, Gaza in focus techMARK 2,780.14 +0.15% FTSE 100 6,806.28 +0.27% FTSE 250 15,662.90 +0.30% Strong gains from GKN, Next and Mondi helped UK m
Read moreSt James's Place hikes divi, but profits miss estimates - UPDATE
29th Jul 2014 08:36
Wealth management and financial services group St James's Place (SJP) hiked its interim dividend by 40% after funds under management (FuM) reached a record in the first half. However, the market gave a cool reaction to the results on Tuesday as profits came up short of analysts' expectations. FuM
Read moreLondon midday: FTSE 100 extends losses as insurers and retailers fall
9th Jul 2014 12:03
- Admiral, Aviva lead markets lower - FTSE 100 on track for worst finish since late April - Retailers fall as UK retail prices fall 1.8% - Investors nervous ahead of Fed minutes techMARK 2,777.53 -0.59% FTSE 100 6,708.55 -0.44% FTSE 250 15,526.79 -0.80% UK stocks were heading for their worst finis
Read moreLondon close: Investors still confident as record highs beckon
9th Jun 2014 16:57
- Housebuilders lift markets higher - US jobs data and ECB action boosting sentiment - US equities at fresh record highs - Lloyds prices TSB IPO well below book value techMARK 2,857.29 +0.20% FTSE 100 6,875.00 +0.24% FTSE 250 16,218.36 -0.09% Stocks saw some slight follow-through buying from last
Read moreFTSE 100 movers: Housing stocks make gains
9th Jun 2014 14:49
Housing stocks were in demand today amid speculation that the government could soon announce measures to incentivise building on brownfield sites across the UK. Barratt Developments led the sector higher, with last week's announcement that the government is set to boost housing supply in the UK ami
Read moreLondon open: Stocks near 14-year high after upbeat Asian data
9th Jun 2014 08:33
- China trade surplus doubles as exports rise - Japanese consumer confidence improves, GDP revised higher - Rio gains on Credit Suisse comments - Lloyds fall after pricing TSB IPO techMARK 2,852.63 +0.04% FTSE 100 6,872.71 +0.21% FTSE 250 16,239.01 +0.04% Yet another record close on Wall Street fe
Read moreLondon close: Stocks end week on strong note after US jobs report
6th Jun 2014 16:59
- Markets upbeat after US jobs data - Asset managers lead gains - Consumer staples and defensives unwanted techMARK 2,851.59 +0.95% FTSE 100 6,858.21 +0.66% FTSE 250 16,232.90 +1.48% Equities ended the session clearly higher, bolstered by a more or less in-line US non-farm payrolls report. Never
Read moreFTSE 100 movers: IAG and St James's Place are biggest risers
6th Jun 2014 14:37
International Consolidated Airlines (IAG) rallied after announcing passengers on its European British Airways flights will soon have access to in-flight broadband for the first time. St James's Place gained after Barclays reiterated an 'overweight' rating for the wealth manager. Whitbread advanc
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