Experian director takes advantage of recent decline in share price
19th May 2014 15:56
A non-executive director of credit information group Experian has acquired a stake in the group worth 114,720 pounds, it said on Monday. Jan Babiak bought 11,000 shares at 1,042.91p a piece, taking advantage of the fall seen in the share price in the past fortnight. The decline came after the grou
Read moreLondon close: European and US concerns weigh on Footsie
15th May 2014 16:59
- FTSE closes down 37.60 points at 6,840.89 - Eurozone GDP misses expectations, Italy, France disappoint - Russia says oil must be paid for - Telecoms, airlines fall techMARK 2,757.75 -1.26% FTSE 100 6,840.89 -0.55% FTSE 250 15,616.54 -2.24% The City ended today's session on a downbeat note, weigh
Read moreFTSE 250 movers: Infinis lifted by broker rating
15th May 2014 14:58
Infinis rose strongly after Deutsche Bank upgraded the stock to 'buy' with a target price of 220p. The share price of Kier also rose after the construction, services and property group was named as a preferred bidder on two new long-term Anglian Water contracts and gave a positive update on third-q
Read moreBroker tips: LSE, Aviva, Vodafone...
15th May 2014 13:01
Numis Securities has upgraded bourses operator London Stock Exchange from 'hold' to 'add' after the company identified more cost savings from its recent acquisition of LCH.Clearnet. "The strategic development of the LSE continues and we believe the LSE is well placed to take advantage of the global
Read moreLondon midday: Markets post small gains amid earnings, ECB speculation
15th May 2014 11:43
- ECB speculation picks up after weak GDP - LSE jumps after strong annual results - Aviva, Old Mutual disappoint with earnings - Thomas Cook leads travel sector lower techMARK 2,781.23 -0.42% FTSE 100 6,889.08 +0.15% FTSE 250 15,857.35 -0.73% UK stocks were fluctuating at 14-year highs on Thursday
Read moreThe pressure is on for Thomas Cook this summer, says Investec
15th May 2014 10:52
Investec has kept a 'hold' rating on tour operator Thomas Cook, saying that near-term earnings risks are high after the company's first-half results. The broker said that UK summer trading "gives us a cause for concern" given that a strong summer is needed from the company if it is to meet the mar
Read moreThomas Cook's half year earnings hurt by Egypt disruption
15th May 2014 07:56
Tour operator Thomas Cook reduced earnings losses in the first half of the year, but revenues contracted as disruption in Egypt continued to weigh. The company reported an earnings before interest and tax (EBIT) loss of £187m in the six months ended March 31st 2014, an £11m improvement on the prior
Read moreWednesday broker round-up UPDATE
23rd Apr 2014 09:04
AB Foods: Numis upgrades from sell to reduce with a target price of 2240p. AstraZeneca: Citi raises target price from 3500p to 4900p and upgrades to buy. Fenner: Investec cuts target price from 375p to 360p and reiterates its sell recommendation. Genus: N+1 Singer upgrades to hold with a target p
Read moreS&P lifts outlook on Thomas Cook
17th Apr 2014 08:00
Standard & Poor's (S&P )has raised its outlook on Thomas Cook from 'stable' to 'positive', as it hailed the progress of the travel group's transformation strategy. The holiday operator, which came close to collapse in 2011, has been undergoing a major restructuring under Chief Executive Harriet Gre
Read moreLondon midday: Sports Direct, Burberry and Tesco lead markets higher
16th Apr 2014 11:30
- Sports Direct gains as momentum stocks recovery - Tesco, Burberry and Persimmon impress with results - UK unemployment declines, China data mixed - Ukraine crisis escalates techMARK 2,642.64 +0.45% FTSE 100 6,562.09 +0.31% FTSE 250 15,694.83 +0.67% A recovery by so-called 'momentum' stocks and a
Read moreLondon open: Stocks bounce off three-week low as Tesco gains
16th Apr 2014 08:42
- Tesco, Hargreaves, Burberry and Persimmon rise after updates - Momentum shares bounce back after recent falls - Chinese data mixed, growth slows - Global economic data in focus today techMARK 2,648.70 +0.68% FTSE 100 6,577.56 +0.55% FTSE 250 15,701.67 +0.71% UK stocks rose strongly on Wednesday
Read moreFTSE 250 movers: Miners track metal prices higher
14th Apr 2014 15:41
Mining groups Evraz, Lonmin and Polymetal International all tracked metal prices higher. Jardine Lloyd Thompson also climbed after Numis raised its target price to 1,190p, upgrading the stock from 'hold' to 'buy'. Ocado shares suffered significant declines, which Bloomberg was linking to the wid
Read moreLondon midday: Sell-off continues on Ukraine crisis, but defensives gain
14th Apr 2014 11:40
- Ukraine calls on pro-Russian radicals to lay down arms - Defensive stocks, consumer staples rise as risk appetite falls - Glencore Xstrata sells Las Bambas for 5.85bn dollars techMARK 2,627.27 -1.60% FTSE 100 6,540.54 -0.32% FTSE 250 15,638.88 -1.63% UK markets picked up where they left off on M
Read moreThomas Cook's winter and summer bookings rise
27th Mar 2014 07:14
- Winter bookings higher despite Egypt unrest - Summer bookings up - Average selling prices up in winter, flat in summer Thomas Cook said travel bookings for the winter season are 93 per cent sold despite market disruptions. Winter bookings this season were adversely affected by continued social
Read moreWednesday tips round-up: Barclays, Thomas Cook, Babcock
12th Feb 2014 07:20
Don't try to please everyone, at best you will only please some of them some of the time. The advice given to most children holds true for Barclays Chief Executive Antony Jenkins. Since taking the helm in 2012 he has undertaken measures to please most stakeholders in the lender: government (regulato
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