FTSE 100 movers: Banks driven higher by inflation data
18th Feb 2014 15:08
Banks charged higher on the news that UK inflation fell below the government's target of 2.0 per cent in January for the first time since 2009. Royal Bank of Scotland and Barclays registered the strongest gains within their sector. BT shares were given a lift after the UK's Court of Appeal ruled t
Read moreTuesday broker round-up UPDATE
18th Feb 2014 07:46
Aeorema Communications: Cantor Fitzgerald initiates with a target price of 90p and a buy recommendation. Aquarius Platinum: Investec shifts target price from 36p to 41p upgrading from sell to hold. Barclays: Jefferies shaves target price from 364p to 360p and keeps a buy recommendation. Brammer:
Read moreFTSE 100 movers: Hammerson leads the risers on strong results
17th Feb 2014 14:59
Hammerson is in the top spot today, after it this morning reported a rise in annual profits, driven by strong demand for retail property. The property group posted pre-tax profit for the year ended December 31st 2013 of £341.2m, up from £142.2m the previous year, as like-for-like net rental income
Read moreFTSE jumps on global events
17th Feb 2014 11:59
- Chinese lending, Italy drive FTSE higher - Japanese GDP disappoints - UK house prices accelerate - Hammerson and RSA lead risers techMARK 2,850.83 +0.67% FTSE 100 6,729.06 +0.98% FTSE 250 16,193.48 +0.51% The FTSE rose strongly this morning, driven by Chinese lending data, political events in It
Read moreTate & Lyle forecasts flat FY profits as Splenda prices weaken - UPDATE
16th Feb 2014 14:22
- Solid start to Q4 trading - Price falls to deepen for its Splenda sucralose sweetener product - Full-year expected to be broadly in line with last year Food and sweetener company Tate & Lyle said it made a solid start to the final quarter, despite weakness in Splenda sucralose pricing, and expec
Read moreFriday broker round-up UPDATE
14th Feb 2014 10:26
Assura Group: Liberum Capital shifts target price from 44p to 44.40p and retains a buy recommendation. Barclays: Credit Suisse lowers target price from 270p to 260p and keeps a neutral rating. Bellway: Panmure Gordon raises target price from 1520p to 1639p and maintains a buy recommendation. UBS i
Read moreUK stocks edge lower as investors await Eurozone GDP
14th Feb 2014 09:05
- Eurozone GDP figures ahead - Italian politics in focus as PM resigns - Miners rise strongly, banks and retailers fall techMARK 2,822.53 -0.05% FTSE 100 6,650.83 -0.13% FTSE 250 16,045.41 +0.10% UK stocks opened slightly lower on Friday morning with strong gains from mining stocks outweighed by w
Read moreUK stocks erase losses, but corporate earnings weigh on sentiment
13th Feb 2014 16:55
- Stocks snap winning streak but pare losses by the close - Tate & Lyle, Rolls-Royce issue profit warnings - Lloyds underwhelms with higher profits in 2013 - US retail sales disappoint techMARK 2,823.82 -0.26% FTSE 100 6,659.42 -0.23% FTSE 250 16,029.39 -0.31% Profit warnings from Tate & Lyle and
Read moreTullow Chairman ups investment after profit disappoints
13th Feb 2014 16:12
The Chairman of Tullow Oil has shown his faith in the company following its disappointing profit result on Wednesday. Simon Thompson purchased 6,244 shares at 796.48p a go, spending a total of £49,732. His stake in the company now stands at 20,604 shares. Meanwhile, Non-Executive Director, Jeremy
Read moreFTSE 100 movers: Rolls-Royce nosedives on 2014 outlook
13th Feb 2014 14:35
Rolls-Royce's shares tumbled after the group said it expects flat 2014 revenue and profit due to cuts in government defence spending. The world's second-largest maker of aircraft engines revealed an estimated 15-20 per cent slump in defence revenue would hinder results this year as it reported its f
Read moreBroker tips: Tate & Lyle, Aberdeen, AMEC
13th Feb 2014 12:38
Shore Capital has reiterated its 'hold' stance and sugar and sweeteners group Tate & Lyle following a 'constrained' third-quarter trading update in which it scaled back its profit guidance for the full year. The broker said has Tate & Lyle invested in its SFI infrastructure in recent years to impro
Read moreUK markets snap six-day winning streak after blue-chip profit warnings
13th Feb 2014 11:59
- Stocks snap six-day winning streak - Tate & Lyle, Rolls-Royce issue profit warnings - Lloyds underwhelms with higher profits in 2013 - Miners fall, AMEC and Imperial rise techMARK 2,811.28 -0.70% FTSE 100 6,624.61 -0.76% FTSE 250 15,968.13 -0.69% UK stocks opened firmly lower on Thursday after a
Read moreShore Capital cuts Tate & Lyle forecasts after profit warning
13th Feb 2014 10:57
Shore Capital has reiterated its 'hold' stance on sugar and sweeteners group Tate & Lyle following a 'constrained' third-quarter trading update in which it scaled back its profit guidance for the full year. The company said that, despite a solid start to the final quarter, constant-currency profits
Read moreUK stocks retreat from three-week high as earnings disappoint
13th Feb 2014 08:30
- Stocks snap six-day winning streak - Tate & Lyle, Rolls-Royce, Lloyds and Rio fall after updates - AMEC, Imperial rise techMARK 2,817.35 -0.49% FTSE 100 6,649.80 -0.38% FTSE 250 15,999.35 -0.50% UK stocks opened with moderate losses on Thursday after poorly-received results and updates from a nu
Read moreFTSE to pare recent gains ahead of quiet session
13th Feb 2014 07:18
- Small losses ahead of quiet session - Yellen testimony postponed - Attention to turn to German CPI and Greek unemployment The FTSE is set to open in the red this morning ahead of what is expected to be a fairly quiet day. City sources predict the FTSE 100 will open 17 points lower than yesterda
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