London midday: Stocks at seven-week high as earnings impress
24th Apr 2014 12:07
- FTSE 100 at highest since March 6th - Apple, Facebook surge after the closing bell - AstraZeneca, Anglo American gain after updates techMARK 2,769.72 +1.01% FTSE 100 6,721.42 +0.70% FTSE 250 16,066.89 +0.48% The FTSE 100 was trading at a seven-week high on Thursday morning as stellar results fro
Read moreHargreaves says Unilever shares are a hold after Q1 update
24th Apr 2014 09:23
Hargreaves Lansdown said the City was advising investors to hang onto their shares in Unilever as the consumer goods group faced currency headwinds and below-inflation wage growth. Unilever said on Thursday that trading in Europe had improved in its first quarter but growth was slowing in emerging
Read moreLondon open: FTSE 100 rises after results from Apple, Facebook
24th Apr 2014 08:31
- Apple, Facebook lift sentiment after results - FTSE 100 at highest since March 7th - Miners Anglo, ABG and Centamin rise techMARK 2,762.55 +0.74% FTSE 100 6,708.61 +0.51% FTSE 250 16,070.47 +0.51% Forecast-beating quarterly results from Wall Street heavyweights Apple and Facebook fed through to
Read moreUnilever sees European upturn but emerging markets slow
24th Apr 2014 07:11
Consumer goods giant Unilever signalled an upturn in Europe in its first quarter but said growth was slowing in emerging markets as it reported a 6.3 per cent fall in turnover to 11.4bn euros due to currency headwinds. Unilever, which makes products ranging from Pot Noodle and Flora margarine to Do
Read moreSector movers: Consumer staples rise as investors seek defensive stocks
14th Apr 2014 13:56
Consumer staples and non-cyclical stocks were benefiting from a reduction in risk appetite in London on Monday, as investors sought out more defensive assets. Tobacco and beverage stocks, supermarket chains and food producers were among the best performers of the day. Defensives are stocks that te
Read moreLondon midday: Sell-off continues on Ukraine crisis, but defensives gain
14th Apr 2014 11:40
- Ukraine calls on pro-Russian radicals to lay down arms - Defensive stocks, consumer staples rise as risk appetite falls - Glencore Xstrata sells Las Bambas for 5.85bn dollars techMARK 2,627.27 -1.60% FTSE 100 6,540.54 -0.32% FTSE 250 15,638.88 -1.63% UK markets picked up where they left off on M
Read moreUnilever 'considering 4bn pound share buyback'
9th Apr 2014 09:24
Shares in Anglo-Dutch consumer giant Unilever rose after reports suggested it is considering returning cash to investors. Unilever, whose brands include favourites such as Dove Soap, Radox shower gel, Flora spreads and Pot Noodle, may unveil a £4bn share buyback at its quarterly results on April 24
Read moreSector movers: Consumer staples making gains
8th Apr 2014 15:16
Consumer staples stocks were among the best performers on Tuesday in London with tobacco, food and beverage stocks leading the advance. Cigarettes and tobacco giant British American Tobacco was among the best performers on the FTSE 100 in afternoon trade, up 1.8%, along with cosmetics and food grou
Read moreLondon open: BHP, Aberdeen lead markets higher ahead of data
1st Apr 2014 08:23
- BHP Billiton, Aberdeen, Babcock, GKN provide a lift - Weir falls on Metso merger speculation - Markets await global manufacturing PMIs techMARK 2,779.21 +0.53% FTSE 100 6,621.97 +0.36% FTSE 250 16,339.39 +0.40% UK stocks opened with small gains on Tuesday ahead of a data-heavy session with manuf
Read moreFriday broker round-up UPDATE
28th Mar 2014 12:35
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down
Read moreFriday broker round-up UPDATE
21st Feb 2014 10:11
Barratt Developments: JP Morgan raises target price from 360p to 420p, while downgrading to neutral. Bellway: JP Morgan takes target price from 1450p to 2000p and retains an overweight rating. Bodycote: UBS initiates with a target price of 800p and a buy recommendation. Bovis Homes Group: JP Morg
Read moreLondon midday: AB Foods and RSA lead markets higher
5th Feb 2014 11:21
- Upside limited after UK, Eurozone data disappoints - Investors cautious ahead of US data, policy decisions - AB Foods rises, RSA appoints Hester as CEO - Hargreaves Lansdown drops after H1 results techMARK 2,756.02 +0.36% FTSE 100 6,465.16 +0.25% FTSE 250 15,589.91 +0.32% UK markets snapped a fi
Read moreLondon open: Stocks higher after five-day losing streak
5th Feb 2014 08:25
- Upside limited ahead of data, policy decisions - Hargreaves Lansdown drops after H1 results - RSA appoints Stephen Hester as CEO techMARK 2,762.78 +0.61% FTSE 100 6,471.41 +0.34% FTSE 250 15,594.12 +0.35% UK markets opened slightly higher on Wednesday morning after five straight days of declines
Read moreWednesday tips round-up: Unilever, Sirius Minerals
22nd Jan 2014 08:46
The latest figures out on Tuesday from Unilever and SAB Miller should cheer investors. Both companies revealed good growth in emerging markets. However, if one looks deeper into the numbers they will find that in the case of the latter they come with an important caveat. Whereas five years ago food
Read moreWednesday newspaper round-up: Banks, London listings, Unilever
22nd Jan 2014 07:21
Britain's banks have launched a strong intervention in the debate over the nation's membership of the European Union, calling for closer ties with Brussels and urging the government to raise its game in order to make the single market work. The British Bankers' Association has sent a submission to a
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