Travis Perkins first-quarter sales power ahead
24th Apr 2014 07:05
- First-quarter sales surge 15.6 per cent - Strong demand across all divisions - On course to meet trading targets Travis Perkins said all of its businesses recorded strong sales growth in the first quarter of 2014 and it remains on course to meet targets it set out in February. Britain's biggest
Read moreFTSE 100 movers: M&S leads the way lower
10th Apr 2014 15:45
With UK sales remaining stubbornly flat, Marks and Spencer stitched together a more encouraging fourth-quarter result, but was nonetheless sat firmly in the bottom spot on the FTSE today. The group said second-half general merchandise gross margin will be down against the previous year, in line with
Read moreHouse sales increase across Britain, RICS reveals
10th Apr 2014 09:51
House sales across Britain climbed to a six-year high in the first quarter of 2014, with growth spreading 'right across the country', according to the Royal Institution of Chartered Surveyors (RICS). The data was based on the average number of houses sold per chartered surveyor, which rose to 22.7
Read moreFTSE 100 movers: Barratt Developments rises on broker comment
9th Apr 2014 14:57
Barratt Developments raced to the top of the leaderboard today after Deutsche Bank named the house builder as a top pick. Sector peer Travis Perkins was also making strong gains. ARM Holdings was a notable riser today, with investors feeling a renewed sense of confidence after the tech-heavy Nasd
Read moreLondon open: FTSE begins session with strong upwards momentum
9th Apr 2014 08:50
- FTSE rises around 40 points in first hour - US gains provide driving force - Focus to be on Fed meeting minutes techMARK 2,719.29 +0.81% FTSE 100 6,618.78 +0.43% FTSE 250 16,132.68 +0.74% UK stocks kicked off today's session in a positive fashion, lifted by a decent performance in the US overnig
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreTriple share purchase by Cairn Energy directors
25th Mar 2014 16:13
Cairn Energy was a strong performer on Tuesday after the group announced three of its directors had made share purchases. Simon Thomson, the group's Chief Executive, and Dr Mike Watts, Thomson's Deputy, each purchased 65,965 shares at 150.40p for a total of £99,211.36. Managing Director and Chie
Read moreLondon midday: Stocks rebound from seven-week low as blue chips jump
25th Mar 2014 11:35
- Kingfisher, easyJet, Wolseley, RSA, Anglo rise strongly - Royal Mail falls after job cut plans - Miners rise on Chinese stimulus hopes - Economic data, Ukraine in focus techMARK 2,775.13 +0.77% FTSE 100 6,597.81 +1.19% FTSE 250 16,115.48 +0.60% Strong gains from a number of blue chips gave UK ma
Read moreLondon open: Stocks surge ahead of data, corporate earnings impress
25th Mar 2014 08:26
- Kingfisher, easyJet, 888 and RSA rise early on - UK inflation expected to ease - US economic data in focus later on - Russia out of G8, threaten more sanctions techMARK 2,777.09 +0.84% FTSE 100 6,579.14 +0.90% FTSE 250 16,121.26 +0.64% UK stocks surged on Tuesday morning ahead of a barrage of e
Read moreThursday broker round-up UPDATE
13th Mar 2014 09:07
Advanced Medical Solutions: FinnCap ups target price from 75p to 114p retaining its hold recommendation. Antofagasta: Investec cuts target price from 764p to 753p and retains a sell recommendation. Barclays: Numis shifts target price from 274p to 280p upgrading from hold to add. BBA Aviation: JP
Read moreWednesday broker round-up UPDATE
12th Mar 2014 09:03
Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price from 527p to 502p and downgrades to neutral. British Land: Jefferies downgrades to hold with a target price of 707p. Brooks Macdonald Group: Canaccord
Read moreSector movers: Tyman results give construction stocks a lift
11th Mar 2014 15:20
Building products firm Tyman gave the construction and materials sector a big boost on Tuesday after the company impressed with its 2013 results. Tyman hiked its dividend by a third after it swung to a profit last year, helped by the acquisition of Truth Hardware and improving construction markets
Read moreTravis Perkins Chief celebrates retirement and birthday with share sale
3rd Mar 2014 15:57
UK builder Travis Perkins on Monday announced that its soon-to-retire former Chief Executive Officer (CEO), Geoff Cooper, has sold a number of shares ahead of his official departure on Thursday, his 60th birthday. Cooper, who is staying with the company to remain as a part time senior management a
Read moreMonday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreFriday broker round-up UPDATE
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
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