Charles Stanley says keep Unilever shares amid tough markets
23rd Oct 2014 13:39
Charles Stanley is advising investors to hold tight on Unilever shares for now after the Pot Noodle-to-Flora margarine group reported lower turnover due to currency volatility and said markets remained tough. Unilever said turnover fell 2% to €12.2bn including a negative currency impact of 2.6% as e
Read moreLondon midday: UK stocks decline after Tesco, Tullow and Unilever disappoint
23rd Oct 2014 10:34
Poorly-received updates from heavyweights Tesco, Tullow Oil and Unilever and a profit warning from Foxtons were weighing on UK markets on Thursday, though trading was choppy after some better-than-expected data from the Eurozone. The FTSE 100 was down 0.6% at 6,359 by noon, pulling back after reachi
Read moreLondon open: Tesco leads UK stocks lower as first-half profits drop
23rd Oct 2014 07:45
UK stocks fell sharply on Thursday morning, led by poorly-received updates from blue chips Tesco, Tullow Oil and Unilever and a profit warning from Foxtons. London's FTSE 100 index was down 0.7% at 6,355 in early deals, with ex-dividend stocks also providing a drag. Markets were also giving a mixed
Read moreLondon pre-open: FTSE to open lower ahead of European data
23rd Oct 2014 06:45
UK stocks are expected to track declines seen in the US overnight, with City sources predicting the FTSE 100 will open around 45 points lower than Wednesday's close of 6,399.73. Data out overnight revealed that the HSBC 'flash' purchasing managers' index (PMI) for Chinese manufacturing rose to 50.4
Read moreUnilever Q3 sales slow as emerging market growth falters
22nd Oct 2014 17:11
Consumer goods group Unilever reported weaker third quarter sales growth but said it was a creditable performance in markets where economic conditions were putting consumers under pressure. Market growth slowed in emerging countries and particularly in China, Europe faced price deflation and poor su
Read moreFriday broker round-up UPDATE
10th Oct 2014 09:42
British American Tobacco: Goldman Sachs reduces target price from 3530p to 3250p downgrading to sell. Brown (N) Group: UBS cuts target price from 490p to 445p leaving its buy recommendation unchanged. Diageo: Goldman Sachs reduces target price from 2030p to 1925p and keeps a neutral rating. Dixons
Read moreFTSE 100 movers: Smiths Group drops after results miss forecasts
17th Sep 2014 14:32
Engineer Smiths Group was leading the fallers on the FTSE 100 on Wednesday after missing expectations with a 5% fall in annual revenues to £2.95bn on the back of foreign exchange headwinds and a small disposal. Analysts at Deutsche Bank had expected a figure closer to £3.05bn. Beverage groups SABMil
Read moreBroker tips: Easyjet, Unilever, Lancashire Holdings,
24th Jul 2014 12:42
Recent share-price weakness and a positive third-quarter trading update at Easyjet has prompted Panmure Gordon to lift its stance on the stock from 'hold' to 'buy'. "Even though we are likely to trim our earnings forecasts reflecting the more challenging revenue environment, we remain hugely optimi
Read moreLondon midday: Stocks erase losses as banks and housebuilders gain
24th Jul 2014 12:04
- Banking, housing stocks provide a boost - Kingfisher, Easyjet slump after results - Ukraine still in focus as Russian sanctions discussed - Eurozone PMI improves, UK retail sales fall techMARK 2,821.65 -0.06% FTSE 100 6,802.89 +0.07% FTSE 250 15,726.48 0.00% UK stocks managed to turn around afte
Read more"Two-speed performance continues" at Unilever, says Canaccord
24th Jul 2014 11:12
Canaccord Genuity has recommended investors to 'hold' shares of Unilever, saying that a "two-speed performance continues" at the consumer good company. "Interim results, while slightly ahead of consensus at the earnings per share (EPS) level (€0.78 versus consensus of €0.74), are notable for a furt
Read moreLondon open: UK stocks fall as Kingfisher, Easyjet and Unilever disappoint
24th Jul 2014 09:10
- Kingfisher, Easyjet, Unilever disappoint with earnings - Markets still cautious on Ukraine crisis - Economic data on tap, Chinese indicator improves techMARK 2,813.29 -0.36% FTSE 100 6,780.77 -0.26% FTSE 250 15,695.97 -0.19% UK stocks declined on Thursday as a negative reaction to results from K
Read moreUnilever growth curbed by slowdown in emerging markets - UPDATE
24th Jul 2014 07:30
Unilever reported a lower-than-expected increase in second-quarter sales on Thursday, blaming a deterioration in emerging markets and flat developed markets. The Anglo-Dutch consumer goods company, whose brands include Dove soap, Ben & Jerry's ice cream and Lipton tea, said underlying sales, which
Read moreLondon open: Stocks fall as geopolitical risk remains high
21st Jul 2014 09:13
- Gaza fighting continues - Tensions still high after Malaysia Airlines crash in Ukraine - Tesco rises as investors welcome CEO departure despite profit warning techMARK 2,791.37 -0.44% FTSE 100 6,724.54 -0.37% FTSE 250 15,430.53 -0.81% UK stocks eased on Monday morning as continued fighting in Ga
Read moreOld Mutual completes Intrinsic acquisition, appoints new Customer Director
1st Jul 2014 11:32
FTSE 100 financial services group Old Mutual has completed the acquisition of Intrinsic Financial Services, one of the largest networks of financial advisers in the UK. The acquisition was carried out by Old Mutual Wealth, which comprises Skandia and Old Mutual Global Investors. The company has
Read moreLondon open: Investors take profits after FTSE 100 hits four-week high
10th Jun 2014 08:28
- Markets retreat after global stocks hit record highs - FTSE 100 pulls back from highest close since May 14th - Imperial Tobacco leads consumer staples higher techMARK 2,853.93 -0.12% FTSE 100 6,852.30 -0.33% FTSE 250 16,178.50 -0.25% UK stocks retreated from a four-week high on Tuesday as invest
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