FTSE 100 movers: Pearson plumped on FT sale, ARM bounces, Aberdeen drops
23rd Jul 2015 15:35
(ShareCast News) - London's blue chip index bumped along just above parity for most of Thursday, as the bid talk for Pearson's iconic Financial Times newspaper and various company results announcements were the prime mover of prices. As of 15:30, the FTSE 100 was trading just 0.06% lower at 6,663.02
Read moreUnilever remains overpriced for Nomura analysts
23rd Jul 2015 13:06
(ShareCast News) - Nomura held onto its 'reduce' rating on Unilever, with its forecasts below consensus and a target price more than quarter lower that the shares' current level. "Despite a better quarter than we expected, we continue to believe UNA will struggle to get over 3% underlying sales grow
Read moreUnilever impresses as sales soar in face of continuing consumer weakness
23rd Jul 2015 09:04
(ShareCast News) - Unilever's second half results were ahead of market forecasts, as the consumer goods giant's pipeline of new products increasingly drives growth and margin expansion despite challenging markets. Underlying sales grew 2.9% in the three months to end-June, beating the consensus expe
Read moreThursday preview: UK retail sales, US initial jobless claims, Unilever
22nd Jul 2015 16:25
(ShareCast News) - UK retail sales figures on Thursday are expected to show a 5.1% increase in June compared to a year ago as lower fuel prices give consumers more spending power. Analysts predict retail sales, including auto fuel, climbed 4.8% in June. On a month-on-month basis, the forecast is fo
Read moreJefferies upgrades Unilever to 'hold'
10th Jul 2015 10:02
Jefferies upgraded Unilever to 'hold' from 'underperform' and lifted its price target to 2,730p from 2,520p ahead of the company's first-half results on 23 July. Jefferies expects a slow second quarter, but said that after that it should get better, with top line for the full year at the top of the
Read moreTuesday share tips: Sky, BG Group, Vodafone
30th Jun 2015 12:02
Sky´s decision to dedicate one of its channels solely to Formula 1 fits in well with its strategy as a content distributor, but a theoretical purchase of the franchise whole does not. Speculation has surfaced it might do just that, with Liberty Global and a group backed by the Qatari government also
Read moreFTSE 100 movers: supermarkets, tobacco and mining stocks rebound
3rd Jun 2015 13:24
UK stocks were trading higher on Wednesday afternoon, led by gains in the construction, food retail and engineering sectors. As of 14:30 BST, the FTSE 100 was trading 0.46% points higher at 6,960. Morrisons and Sainsbury extended gains, following Tuesday's positive sentiment from Kantar Worldpanel,
Read moreBarclays upgrades Unilever, downgrades Henkel
3rd Jun 2015 09:36
Barclays upgraded Unilever to 'overweight' from 'equalweight' and raised its price target to 3050p from 2850p, as it downgraded German rival Henkel to 'equalweight' from 'overweight' and raised the price target to €104 from €98. "The impact of pricing dynamics on local margins in the industry and sh
Read moreLondon pre-open: Stocks set to rise ahead of UK inflation data
19th May 2015 07:21
London's blue chip equities are expected to rise on Tuesday morning as the economic data schedule picks up after a quiet start to the week. City sources predict the FTSE 100 will open 13 points higher than Monday's close of 6,968.87. The UK consumer price index will be in focus for investors when i
Read moreUnilever hits carbon-saving milestone
18th May 2015 13:23
Unilever said on Monday that it has reached a new milestone of 1 million tonnes of CO2 savings since 2008 in its manufacturing network. Energy consumption has been reduced by 20% - the same energy used to run 40 factories or the equivalent in carbon of over 800,000 acres of forest in one year. This
Read moreMonday broker round-up
11th May 2015 15:36
RBS: Credit Suisse reiterates underperform and 320p target. GlaxoSmithKline: Deutsche reiterates hold and lowers target to 1,540p from 1,600p. HSBC: Exane BNP reiterates underperform and 600p target. Lloyds: Credit Suisse reiterates neutral and 72p target. Sage Group: Goldman Sachs reiterates neu
Read moreLondon close: Greek default fears grip markets as UK stocks pull back from record
16th Apr 2015 16:51
Stocks finished lower on Thursday with UK markets retreating from a record high, as bonds yields in Athens soared on the back of concerns over a potential Greek default. London's FTSE 100 was down 36.33 points (-0.51%) by the close at 7,060.45. The index pulled back from Wednesday's all-time closin
Read moreFTSE 100 movers: Pearson plunges on refund demands, Unilever higher on strong Q1
16th Apr 2015 13:38
Publishing group Pearson plummeted on reports that the Los Angeles Unified School District is seeking a refund from the firm and its technology partner, Apple, over a botched $1.3bn effort to supply students with iPads, BAE Systems dipped following a downgrade from 'buy' to 'neutral' from analysts a
Read moreLondon midday: Greek fears hit sentiment as stocks retreat ahead of US session
16th Apr 2015 11:54
Ongoing uncertainty over Greece gave investors an excuse to take profits on Thursday, with UK stocks pulling back from record levels ahead of what is expected to be a busy session in the States. "Fears over Greece continued to dominate Thursday morning, leaving the Eurozone indices in a sorry state
Read moreBroker tips: Unilever, SABMiller, BAE Systems
16th Apr 2015 11:32
Shore Capital has reiterated a 'buy' recommendation on Unilever after the consumer products giant beat forecasts with its first-quarter update, with the broker labelling it as a long-term winner in the FMCG sector. "Unilever's valuation sits comfortably within a basket of its global FMCG peers, and
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