London open: Stocks edge higher ahead of economic data
15th Nov 2013 08:29
- Eurozone CPI data in focus after last week's rate cut - Wall Street finishes at record high after Yellen comments - Vedanta, oil stocks rise early on techMARK 2,651.26 +0.08% FTSE 100 6,681.10 +0.22% FTSE 250 15,288.15 +0.20% UK stocks opened higher on Friday morning though gains were only modes
Read moreFriday broker round-up UPDATE
15th Nov 2013 07:38
Amlin: Berenberg raises target price from 398p to 434p, but still recommends selling. Barclays cuts target price from 481p to 453p and retains an overweight rating. Antofagasta: Numis raises target price from 750p to 850p and reiterates a hold recommendation. AstraZeneca: Liberum Capital upgrades
Read moreLondon pre-open: Modest rise expected after another strong US finish
15th Nov 2013 07:24
City sources predict the FTSE 100 will open around 12 points higher than yesterday's close of 6,666.13, tracking yet another record finish for the Dow Jones Industrial Average and S&P 500 last night, boosted by hopes of a continuation of stimulus by the Federal Reserve. Markets were focused on the
Read moreUltra Electronics full-year revenue to fall behind 2012
15th Nov 2013 07:03
FTSE 250-listed Ultra Electronics warned that revenue for 2013 would be slightly below the previous year's, hit by 'a number of headwinds', in particular the US government-funded market. Overall, its performance is expected to be broadly in line with expectations. In the US government-funded mar
Read moreUltra Electronics buys specialist wireless products and services firm
28th Oct 2013 11:12
FTSE 250-listed Ultra Electronics has acquired a specialist wireless products and services company, W&D Holdings, which is based near Basingstoke, UK. The firm was acquired for an initial £6m, with further payments of up to £1m to be made based on earnings over the next year. The acquisition of
Read moreSector movers: QinetiQ leads defence stocks higher on M&A reports
21st Oct 2013 15:44
Aerospace and defence stocks were gaining ground on Monday as deal speculation, trading updates and upbeat broker commentary lifted the sector higher. QinetiQ, the defence technology and security firm, was a high riser today on weekend reports that it is putting its US division up for sale. Hopes
Read moreSector movers: BAE, Rolls-Royce lead aero/defence sector higher
24th Sep 2013 14:27
Aerospace and defence stocks were among the best performers on Tuesday afternoon with gains from sector giants BAE Systems and Rolls-Royce providing a lift. BAE's share price was boosted on the news that South Korea has reopened an $8bn tender to upgrade its ageing air force. Seoul is looking for
Read moreWednesday broker round-up UPDATE
18th Sep 2013 08:28
African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec
Read moreUltra Electronics to supply power distribution system for Army Warrior
12th Sep 2013 07:25
Ultra Electronics's Precision Air & Land Systems (PALS) business has scored a contract for the development of a new power distribution system for the British Army's Warrior armoured fighting vehicle. The £6.3m deal was awarded by Lockheed Martin UK (LMUK) under the Warrior Capability Sustainment P
Read moreThursday broker round-up UPDATE
29th Aug 2013 09:48
Afren: Westhouse Securities shifts target price from 160p to 165p and reiterates a buy recommendation. BAE Systems: Bank of America raises target price from 328p to 412p, while staying with its underperform rating. Cape: JP Morgan takes target price from 308p to 323p and stays with its overweight
Read moreLondon midday: Stocks fall as oil rises on Syria turmoil
28th Aug 2013 11:27
Stock markets were once again hit by concerns over rising tensions between Syria and the West on Wednesday morning, as surging oil prices look to pose a threat to global economic growth. West Texas crude futures were trading at a two-year high of $112.24 a barrel this morning while Brent crude jump
Read moreLondon open: Stocks slip as Syrian turmoil hits risk appetite
28th Aug 2013 08:21
The FTSE 100 dropped firmly into the red on Wednesday morning as escalating tensions between Syria and the West spurred a reduction in risk appetite amongst investors. UN weapons inspectors are expected to return to a site in Damascus near where the suspected chemical weapons attack happened last w
Read moreThursday broker round-up UPDATE
8th Aug 2013 07:10
Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuity upgrades from sell to hold with an unchanged target price of 112p. BBA Aviation: Citi raises target price from 292p to 335p reiterating a buy recom
Read moreTuesday broker round-up UPDATE
6th Aug 2013 07:13
Alent: Credit Suisse lowers target price from 430p to 420p keeping an outperform rating. UBS ups target price from 350p to 365p and maintains a neutral rating. Anglo American: Jefferies cuts target price from 1700p to 1650p and maintains a hold recommendation. Aquarius Platinum: RBC Capital shifts
Read moreTuesday tips round-up: Alent, HSBC, Ultra Electronics
6th Aug 2013 06:39
Alent suffered a disappointing first half and is holding out the prospect of better news in the second, according to The Times' Tempus column. It was affected by the Chinese new year in the first quarter and the shutdown in that country's electronics industry, which represents about 40 per cent of r
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