London close: FTSE ends higher as investor sentiment improves
11th Aug 2014 16:59
- FTSE closes up 65.46 at 6,632.82 - Geopolitical tensions ease, sentiment improves - UK home loans rise in June techMARK 2,727.40 +1.23% FTSE 100 6,632.82 +1.00% FTSE 250 15,460.73 +1.43% UK stocks registered a decent gain on Monday as investors took advantage of the bargains to be had following
Read moreFTSE 250 movers: Synthomer leaps after 25% increase to dividend
11th Aug 2014 14:37
Chemicals group Synthomer cheered investors with a 25% jump in the interim dividend, which came despite a drop in half-year sales amid challenging market conditions. The company also said it anticipated delivering underlying full-year profit in line with last year's figure of £90.1m. Balfour Beat
Read moreLondon midday: Bargain-hunting helps UK stocks rebound
11th Aug 2014 12:03
- Geopolitical tensions ease slightly - Gaza, Ukraine, Iraq news-flow improves - Balfour rejects Carillion approach again techMARK 2,718.86 +0.91% FTSE 100 6,613.50 +0.70% FTSE 250 15,425.38 +1.19% UK stocks were performing well on Monday morning as investors took advantage of easing geopolitical
Read moreSynthomer ups divi as Asia challenges persist
11th Aug 2014 09:10
Chemicals group Synthomer cheered investors with a 25% jump in the interim dividend, which came despite a drop in half-year sales amid challenging market conditions. The company also said it anticipated delivering underlying full-year profit in line with last year's figure of £90.1m. Chief exec
Read moreLondon open: UK stocks rebound from four-month low
11th Aug 2014 09:03
- FTSE 100 gains after hitting lowest since 15 April - Israel, Hamas agree to 72-hour ceasefire - Chinese inflation unchanged in July - Centrica falls on EDF outage, Balfour rejects Carillion techMARK 2,712.26 +0.67% FTSE 100 6,607.04 +0.60% FTSE 250 15,355.95 +0.74% UK stocks rebounded on Monday
Read moreMonday broker round-up UPDATE
14th Jul 2014 10:11
Abcam: Numis cuts target price from 510p to 490p and stays with its add rating. ARM Holdings: Credit Suisse reduces target price from 1200p to 1125p and maintains an outperform rating. AstraZeneca: Jefferies reduces target price from 4850p to 4790p maintaining a hold recommendation. BP: Credit Su
Read moreSynthomer warns on full-year profit
11th Jul 2014 08:15
Specialist chemical company Synthomer warned it now expects the strength of sterling to reduce its full-year operating profit by around £5m, a further £1m on top of its previous expectations. This, combined with weaker margins in its nitrile business, has meant full-year pre-tax profit is set to b
Read moreFTSE 250 movers: Chinese data lifts mining sector
1st Jul 2014 15:49
Mining stocks were the best performers today, following the decent economic data from top metals user China. African Barrick Gold, BlackRock World Mining and Polymetal were three of the strongest risers on the second tier this afternoon. UK regeneration specialist St. Modwen Properties jumped as
Read moreSynthomer Chief to step down next year
1st Jul 2014 08:39
Adrian Whitfield, the Group Chief Executive of FTSE 250-listed Synthomer, has announced his plans to step down after eight years with the company in one year's time. The specialty chemical company said it would conduct a comprehensive search for his replacement. Whitfied said it was "the right ti
Read moreSector movers: Chemical stocks hit by DuPont profit warning
27th Jun 2014 14:41
The selling pressure on the UK chemical sector continued on Friday on negative readacross from a profit warning by US giant DuPont, one of the largest chemical companies in the world. The UK chemical sector was down around 0.6% this afternoon and has now fallen 10% over the past month. DuPont decl
Read moreSector movers: Domino Printing sinks electricals, Croda weighs on chemicals
24th Jun 2014 13:40
Heavy falls from Domino Printing and Croda International sank the electrical and chemical sectors on Tuesday, as results from both companies disappointed the market. Shares in Domino Printing, which develops inkjet, laser and thermal printing products, were down nearly 19% this afternoon after the
Read moreFriday broker round-up UPDATE
23rd May 2014 09:53
Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
Read moreThursday broker round-up UPDATE
15th May 2014 09:43
Anglo American: Credit Suisse ups target price from 1800p to 1850p downgrading to neutral. ASOS: Berenberg initiates with a target price of 5350p and a buy recommendation. Barclays: Jefferies lowers target price from 345p to 325p, while staying with its buy recommendation. Bioquell: N+1 Singer pl
Read moreSynthomer gives cautious outlook despite firmer demand in Europe
1st May 2014 10:32
First-quarter operating profit was ahead of the same period a year earlier at FTSE 250-listed Synthomer after the specialist chemicals group continued to experience slightly firmer demand in Europe. The increased levels of demand were seen across its Construction & Coatings, Functional Polymers an
Read moreFTSE 250 movers: Hikma drops after UBS reduces rating
8th Apr 2014 15:32
Similarly, pharmaceuticals group Hikma led the fallers after UBS cut its rating on the stock from 'buy' to 'neutral' on valuation grounds, saying that it is 'time to take a pause and breathe' after the stock's recent performance. Chemicals business Synthomer also sunk after JPMorgan Cazenove downgr
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