Taking 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
Read moreTate and Lyle offloads share of Colombian JV
20th Apr 2012 07:20
Sweeteners giant Tate and Lyle has reached agreement to sell its half-share in Sucromiles, its Colombian citric acid joint venture, to its long-standing partner in this business, Organización Ardila Lülle. Tate & Lyle sold its share for a total cash consideration of $31.5m (around £19.6m). Followi
Read moreWednesday broker round-up - UPDATE
4th Apr 2012 08:16
BSkyB: Jefferies maintains hold recommendation and 700p target. BTG: Jefferies raises target from 345p to 410p, buy recommendation kept. Diageo: Nomura reiterates neutral rating and 1,520p target. International Power: Investec maintains buy recommendation. ITE Group: Investec keeps buy rating.
Read moreLondon midday: Stocks rise as eyes turn to Eurozone meeting
30th Mar 2012 11:42
- Investors keep a close eye on meeting in Copenhagen - Eurozone inflation falls but still high - Miners lead the rise by lunchtime The Footsie was making decent gains by Friday lunchtime, snapping a three-day losing streak, as Eurozone ministers meet in Copenhagen to discuss a potential increase i
Read moreFriday broker round-up
30th Mar 2012 10:12
Cranswick: Investec lifts target to 870p and remains a buyer; Peel Hunt ups target from 750p to 800p, hold rating kept. Electrocomponents: Peel Hunt raises target from 180p to 225p but maintains sell recommendation. ENRC: Nomura slashes target from 750p to 700p and keeps reduce stance. FirstGroup
Read moreLondon open: Stocks rise ahead of Eurozone meeting
30th Mar 2012 08:33
- Footsie up before finance ministers meet - Greek PM doesn't rule out third bailout - Miners rise strongly after recent fall London's blue chips started strongly on Friday following a three-day decline for the FTSE 100, with miners leading the way tracking metals prices higher. Eyes are on the E
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