London midday: UK stocks retreat on rate-hike uncertainty
20th Aug 2014 12:00
- MPC split on rate decision for first time since 2011 - FOMC minutes due out after the close - Ex-dividend stocks, Balfour Beatty weigh on market - Beverage shares hit by Carlsberg results techMARK 2,798.96 -0.07% FTSE 100 6,752.88 -0.39% FTSE 250 15,794.83 -0.63% UK equities retreated from a thr
Read moreLondon open: Stocks snap five-day win streak ahead of central bank minutes
20th Aug 2014 09:00
- MPC, FOMC minutes in focus - FTSE 100 pulls back from three-week high - Balfour drops after rejecting Carillion bid - Glencore announces $1bn buyback techMARK 2,802.00 +0.04% FTSE 100 6,769.90 -0.14% FTSE 250 15,859.07 -0.23% UK stocks snapped a five-day winning streak on Wednesday ahead of the
Read moreLondon midday: UK stocks near three-week high as inflation eases
19th Aug 2014 12:07
- UK inflation drops to four-month low of 1.6% - Housebuilders, retailers on the rise - Imperial impresses with results, BHP falls on demerger plans techMARK 2,802.05 +0.72% FTSE 100 6,766.71 +0.38% FTSE 250 15,903.92 +0.68% UK stocks extended their winning streak into the fifth session on Tuesday
Read moreFTSE 250 movers: Just Eat extends gains, shares now close to offer price
13th Aug 2014 15:00
The share price of Just Eat pushed even higher on Wednesday after the company said the previous day that profits trebled in the first half. The online takeaway marketplace said pre-tax profit was up 200% to £6m on revenues that jumped by 58% to £69.8m. The newly-listed stock has now jumped over 15
Read moreSector movers: Savills boosts estate agents, while homebuilders rise
7th Aug 2014 13:47
The real estate investment and services sector was on the rise on Thursday on the back of upbeat results from Savills, while homebuilders gained after data showed that house-price inflation rose to seven-year high in July. Savills, which earns money mainly through transaction fees, consultancy and
Read moreHigher selling prices lift Taylor Wimpey H1 profit
30th Jul 2014 09:46
Higher home completions and average selling prices helped to drive a jump in half-year profits at UK house-builder Taylor Wimpey. Profit before tax and exception items jumped 63.7% to £178.4m on an £18.2m rise in revenue to £1,190.1m against a year ago, as the group benefited from improved trading
Read moreBroker tips: GlaxoSmithKline, AstraZeneca, Housebuilders
18th Jul 2014 12:23
Panmure Gordon said it is "not expecting fireworks" from GlaxoSmithKline's (GSK) second-quarter results due out next Wednesday. "In light of our recent downgrade to forecasts due to exchange rate headwinds, we are expecting another tough quarter. China has not washed through completely either and g
Read moreUK housebuilders have little to be afraid of, says Liberum
18th Jul 2014 10:53
Liberum has trimmed target prices across the UK housebulding sector but said it still sees upside for stocks despite concerns about a slowing down of the housing market. Taylor Wimpey and Bellway have been named as the top picks in the sector with 'buy' ratings. Bovis Homes, Gleeson and Redrow are
Read moreSector movers: Housing stocks hit by rate-hike speculation as inflation rises
15th Jul 2014 14:18
Concerns about a sooner-than-expected rise in interest rates pushed stocks in the housing sector lower in London on Tuesday with investors concerned about how future policy tightening will affect the demand for mortgages. Housebuilders and construction companies slipped after it was revealed that U
Read moreFTSE 250 movers: Telecom Plus jumps on strong first quarter, outlook
15th Jul 2014 14:17
Telecom Plus shares surged 8% on Tuesday as investors gave a warm reaction to a bullish first-quarter update. The utility supplier reported strong growth in customer numbers during the period, and said it was on track to hit its target of growing profits by "almost 50%" over the full year. Mining g
Read moreLondon midday: Housebuilders fall as inflation data sparks rate-hike concerns
15th Jul 2014 12:03
- UK inflation jumps to 1.9% in June - Carney highlights housing concerns - German ZEW survey disappoints - Yellen, US data in focus later on techMARK 2,781.35 -0.46% FTSE 100 6,722.11 -0.36% FTSE 250 15,478.79 -0.64% Rate-hike speculation in the UK and disappointing economic data from Germany saw
Read moreTuesday tips round-up: Taylor Wimpey, SABMiller
8th Jul 2014 08:58
Markets seem to have read the runes wrong when it comes to housebuilders. Taylor Wimpey is a case in point in that regard. There were no negative aspects to the firm's trading statement. There was no negative impact from the Mortgage Market Review. The prices of homes rose by 9% in the first six mon
Read moreFTSE 250 movers: Evraz soars on latest rumours
7th Jul 2014 15:45
Evraz shares extended Friday's gains, today lifted by rumours Mechel, a Russian miner, is planning to merge its assets with the steel giant. At the end of last week the group was lifted by rumours it was looking to offload a stake in its North American assets in an effort to cut debt. Balfour Beat
Read moreLondon midday: Investors take profits after recent run
7th Jul 2014 12:09
- UK stocks retreat after recent rally, US futures fall - UK manufacturing confidence and German industrial production both retreat - Antogasta, Anglo lead mining stocks lower - Weir Group gains after Citigroup upgrade techMARK 2,848.48 -0.25% FTSE 100 6,850.83 -0.22% FTSE 250 15,943.09 -0.67% It
Read moreLondon open: Stocks inch lower as economic data dampens rally
7th Jul 2014 08:57
- FTSE 100 falls from three-and-a-half week high - UK manufacturing confidence weakens - German industrial output falls - IMF hints at cut to growth forecasts techMARK 2,859.13 +0.12% FTSE 100 6,862.56 -0.05% FTSE 250 16,049.02 -0.01% UK stocks edged lower on Monday morning on the back of weak eco
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