FTSE 100 movers: Whitbread pushes FTSE higher
19th Jun 2012 15:40
Forecast-beating like-for-like (LFL) sales growth in its first quarter saw shares of Whitbread jump during Tuesday's session. The Premier Inn and Costa Coffee owner reported that LFL sales increased by 4.5%, better than expectations of a 3.0% improvement. Engineering group Weir was also making imp
Read moreLondon midday: Stimulus hopes drive gains
19th Jun 2012 11:28
- G20 to take 'all necessary policy measures' - UK, US stimulus hopes boost markets - Whitbread, Home Retail rise strongly UK stocks were trading near their highest levels of the day by lunchtime on hopes that the world's leaders can pull together to battle the global financial crisis. According t
Read moreMonday broker round-up
11th Jun 2012 09:37
Antofagasta: RBS Capital Markets downgrades to underperform. Ashtead: Jefferies keeps buy recommendation and 300p target. Barclays: Bank of America Merrill Lynch keeps buy rating and 370p target; Oriel Securities reiterates buy recommendation and 285p target. BP: Nomura retains neutral stance and
Read moreFriday broker round-up
8th Jun 2012 08:11
AVEVA: Merchant Securities maintains buy rating and 1,850p target. Berendsen: HSBC upgrades to overweight, target cut from 575p to 550p. BP: Credit Suisse maintains outperform recommendation and 540p target. BT Group: Nomura cuts target from 295p to 285p, buy rating unchanged. International Cons
Read moreThe view from '52 part II: The seventies
5th Jun 2012 02:09
This is a continuation of part one of the article looking back at the changes in the constituents of the FT 30-share industrial index, the predecessor to the FTSE All-Share and FTSE 100 indices. John Brown's body ... By 1971 Britain's shipbuilding presence in the world was on the wane but still i
Read moreTaking stock: a view since '52
4th Jun 2012 09:51
Back in 1952, there was no FTSE 100 index, so it makes it difficult measuring the performance of the London stock market during the reign of Queen Elizabeth II. Even the broader-based FTSE All Share index did not start life until 1962, so if you want to measure how well the market has performed, yo
Read moreFriday tips round-up: Thomas Cook, Tate and Lyle, Fuller's
1st Jun 2012 06:57
Questor in The Telegraph is not keen on Thomas Cook, despite its 87 per cent share-price slide tempting a few analysts into a buy recommendation. Yes, the firm has restructured its massive debts and increased revenues (through acquisitions), but losses are growing and Eurozone headwinds are awful -
Read moreLondon midday: IHG leads stocks higher
31st May 2012 11:45
- IHG jumps on M and A speculation - Logica soars after CGI bid - Stocks rise but eyes still focus on Eurozone Stocks had held on to early gains by Thursday lunchtime as the Footsie attempted to rebound from heavy falls the day before; concerns over Spain and its financial system sent stocks tumbli
Read moreThursday broker round-up
31st May 2012 09:26
Aviva: Nomura cuts target from 600p to 540p, buy rating unchanged. Babcock: Panmure Gordon downgrades from buy to hold, target left at 940p. BG Group: Jefferies reiterates buy stance and 2,000p target. BHP Billiton: Credit Suisse maintains outperform rating and 2,460p target. BT Group: Nomura ke
Read moreLondon open: Stocks rebound, Logica rockets after CGI bid
31st May 2012 08:34
- Logica jumps 64pc after bid - Eyes on Ireland as public votes on fiscal treaty - Eurobonds still a possibility The FTSE 100 rebounded on Thursday morning following a sharp fall the day before, but gains were only modest as uncertainty over the Eurozone continues to weigh heavily on investors' min
Read moreLondon pre-open: FTSE set for minimal gains in early trading
31st May 2012 07:32
City sources predict the FTSE 100 will open up six points from yesterday's close of 5,297, with investors expected to take a breather following significant sell-offs in both the UK and the US. Sweeteners firm Tate and Lyle returned full year profits bang in line with expectations as it saw steady
Read moreTate and Lyle's profits in line
31st May 2012 07:17
Sweeteners firm Tate and Lyle returned full year profit numbers in line with expectations as it saw steady top-line growth across a number of its markets. Adjusted profit before tax in the year ended March 31st was £323m, up 23% (26% on a constant currency basis) from £263m the year before. That wa
Read moreThursday preview: Kingfisher, Tate and Lyle
30th May 2012 16:44
Do-it-yourself retailer Kingfisher's first quarter earnings are set to confirm a weather-challenged UK performance and slowing trends in France, according to Jefferies, the US investment bank which bought venerable City broker Hoare Govett earlier this year. It thinks first quarter sales will be do
Read moreMonday broker round-up
28th May 2012 09:26
888 Holdings: Panmure Gordon reiterates buy rating and 93p target. Aggreko: AlphaValue upgrades from sell to add, target kept at 2,206.5p. Aveva: Panmure Gordon cuts target from 1,670p to 1,590p, hold rating unchanged; Merchant Securities keeps buy rating and 1,800p target. Britvic: UBS cuts targ
Read moreSector movers: Unilever boosts food sector, Astra drags down pharmas
26th Apr 2012 15:45
The food producing and processing sector was the best performing sector on Thursday afternoon, with heavyweight constituent Unilever providing a lift following its first-quarter statement. The consumer goods giant, famous for food brands such as Flora, Ben & Jerry's, PG Tips and Pot Noodle (as well
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