Tuesday broker round-up
20th Mar 2012 10:04
Aggreko: Credit Suisse raises target from 2,140p to 2,350p, neutral rating kept. ARM Holdings: BarCap upgrades from equal weight to overweight, target lifted from 700p to 725p; Investec upgrades from hold to buy, target lifted from 640p to 800p. Centrica: Nomura raises target from 340p to 350p, n
Read moreLondon open: Markets await news from Greece
8th Mar 2012 08:34
- Greek debt-swap participation rate estimated at 60 percent. - Markets await policy decisions from BoE, ECB. - ARM rises after iPad launch, Morrison jumps on strong 2011. London's blue chip index continued its strong performance ahead of policy decisions from the Bank of England (BoE) and the Euro
Read moreLondon close: Footsie falls, banks rise but miners provide a drag
2nd Mar 2012 16:33
- Kazakhmys drops after broker downgrades. - Banks jumps after Goldman comments. - Eurogroup releases 58bn euros but delays full Greek bailout. - 25 EU members sign fiscal pact. The FTSE 100 fell close to its lowest levels of the day on Friday as Eurozone concerns continued to dampen the mood. A
Read moreLondon open: Footsie flat after Eurogroup delays full Greek bailout
2nd Mar 2012 08:33
- Eurogroup releases 58bn euros but delays full Greek bailout. - ECB 'reasonably satisfied' with LTRO - International Power rises on Indonesian deal. The Footsie opened flat in early trading on Friday on news that European leaders have delayed the decision to fully bail out Greece for another 10 da
Read moreFTSE 100 movers: Miners leap on Greek deal optimism
20th Feb 2012 14:33
Mining stocks and banks performed well in the morning session, buoyed by Greek optimism and the People´s Bank of China's decision to cut its legal reserve ratio requirement for large banks by half a percentage point, announced late on Friday. Mining stalwarts Kazakhmys, Eurasian Natural Resources
Read moreLondon midday: Risk appetite increases on Greek bailout hopes
20th Feb 2012 11:32
- Miners jump as investors seek riskier assets. - Officials optimistic about securing Greek bailout. - PBoC cuts RRR for banks. With the possibility of a Greek bailout edging closer, and China moving to ease fears of a 'hard-landing' over the weekend, UK stocks had extended gains by lunchtime, wit
Read moreLondon open: Buying boosted by Greece, China
20th Feb 2012 08:26
- Decision day for Greece, hopes of a bailout approval boost stocks. - PBoC cuts RRR for banks. - Miners, oil stocks perform well early on. Just a handful of stocks were in the red in early trading on Monday, as market sentiment was lifted by hopes that Greece can secure its next tranche of aid. Me
Read moreLondon midday: Greek optimism lifts the Footsie
17th Feb 2012 11:41
- Footsie rises as Greek optimism boosts buying. - Resources stocks track commodities prices higher. - UK retail sales beat expectations. The FTSE 100 had held on to gains by lunchtime - keeping its head above the 5,900 mark - as Greece comes ever closer to its crucial second bailout. Meanwhile a
Read moreLondon pre-open: Greece measures boost markets
17th Feb 2012 07:32
City sources predict the FTSE 100 will open up 24 points from yesterday's close of 5,885, tracking gains in the US which rose to record levels on reports of measures by European leaders to prevent Greece defaulting on its debts. Instrumentation and controls group Spectris has hiked its dividend b
Read moreFull-year consumption levels to fall at Severn Trent
17th Feb 2012 07:08
Water supplier and waste water treatment group Severn Trent says that trading has been in line with expectations since October 1st, but full-year consumption levels across its measured income base are expected to be lower than last year, in line with the trend seen in the first half. Nevertheless,
Read moreLondon close: Stocks finish up after US data
2nd Feb 2012 16:37
After a morning session in the red, UK stocks erased losses in afternoon trading after some better-than-expected data Stateside helped the outlook for the world's largest economy. Leading the rise on the Footsie were the miners after some M&A rumours bolstered gains. Nevertheless, analysts at Digi
Read moreWednesday newspaper round-up: BP, Argos, Stobart
1st Feb 2012 06:44
The Ministry of Defence will no longer give UK companies priority over their foreign competitors when buying equipment and weapons for the armed forces. The only exceptions will be cases where buying British is essential to maintaining national security, Peter Luff, the defence procurement minister,
Read moreLondon open: Cairn, financials weigh on Footsie
24th Jan 2012 08:32
UK stocks fell in early trading on Tuesday, giving up some gains made yesterday, as talks in Greece continue to drag on. Despite banks and other private institutions represented by the Institute of International Finance (IIF) having presented yesterday what they considered to be their "maximum offe
Read moreThursday broker round-up - UPDATE
22nd Dec 2011 08:21
Kingfisher: Credit Suisse reiterates outperform rating and 310p target. Next: Credit Suisse maintains outperform rating and 3,000p target. Marks & Spencer: Credit Suisse cuts target from 345p to 334p, neutral rating unchanged. Home Retail: Credit Suisse cuts target from 85p to 70p, keeps underper
Read moreFTSE 100 Movers: Miners drag footsie lower
12th Dec 2011 15:07
Kazakhstan-focused miner, Eurasian Natural Resources (ENRC), hit the bottom spot on reports that it is said to be examining allegations of corruption at a Kazakh iron ore subsidiary - although denied on Sunday that it was the subject of a formal investigation by Britain's Serious Fraud Office (SFO),
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