Friday tips round-up: Unilever, Reed Elsevier, Intertek
27th Jul 2012 07:04
Questor in the Telegraph can't quite bring himself to recommend a buy of Unilever despite praising it to the hilt. Yesterday the Anglo-Dutch consumer goods firm posted a turnover increase of 11.5 per cent, which, in the current markets is an 'exceptional result' says the column. The only thing pre
Read moreLondon close: Markets surge on Draghi's euro pledge
26th Jul 2012 16:48
- Stocks surge on comments from ECB head - Peripheral bond yields drop - Rolls, ITV and Unilever lead gainers on Footsie Mario Draghi's pledge to do whatever it takes to save the euro saw stocks worldwide rocket toda,y as markets attempt to regain lost ground from the steep sell-off earlier this we
Read moreFTSE 100 movers: ITV leaps as Shell shares decline
26th Jul 2012 15:05
Broadcaster ITV surged after reporting double-digit revenues and profit growth in the first half, as its 'Transformation Plan' "continues to gain momentum", according to CEO Adam Crozier. Power systems group Rolls-Royce advanced after saying that underlying revenues and pre-tax profits rose 5% and
Read moreLondon midday: Stocks jump after Draghi comments
26th Jul 2012 11:43
- Draghi pledges to do whatever it takes - Greece still on investors' minds - Markets digest a ton of results After a pretty flat start on the back of a flurry of mixed corporate earnings in London, the Footsie rocketed in late morning after some comments from the European Central Bank (ECB) Presid
Read moreUnilever powers ahead despite recession
26th Jul 2012 09:54
Consumers may be tightening their belts but they still seem to be buying the gazillions of goods produced by Unilever, if the Anglo-Dutch firm's second quarter figures are anything to go by. Turnover in the three months to the end of June rose to €13.3bn from €11.9bn the year before, which equates
Read moreLondon open: Footsie opens flat after a flurry of results
26th Jul 2012 08:31
- Stocks mixed after a ton of results - Rolls and Reed Elsevier up; Shell and BG down - Eurozone concerns still weigh on sentiment The Footsie opened broadly flat on Thursday morning on the back of a mixed reception to a barrage of quarterly and half-year results from a mass of heavyweight blue chi
Read moreBig caps round-up: Shell, Lloyds, BG Group ...
26th Jul 2012 07:30
An extraordinary number of FTSE 100 companies released updates on Thursday morning. This is a round-up of the key points for each. AstraZeneca: Revenue for the second quarter was $6,660m, down 18% at constant exchange rates (CER). Core earnings per share (EPS) was $1.53 in the second quarter, a 6%
Read moreSunday share tips: Ashtead, Unilever, GB Group
24th Jun 2012 10:51
Ashtead hires construction equipment and has tapped into a trend of companies renting rather than buying plant in order to preserve their cash. It also continued to invest through the downturn, despite a slump in construction. As well, the company has one of the largest market shares of the fragment
Read moreLondon close: Gloomy US data dents stocks further
21st Jun 2012 16:24
- Philly Fed manufacturing and other US data disappoints - No QE3 boost from the Fed - Chinese and Eurozone PMIs paint gloomy picture The Footsie closed near its lowest levels of the day on Thursday afternoon after a raft of economic indicators from the US disappointed, just one day after the Feder
Read moreFTSE 100 movers: Miners tank on macro concerns
21st Jun 2012 14:38
Gloomy manufacturing data from China and disappointing economic activity figures from the Eurozone weighed on the mining sector on Thursday. Meanwhile, with the US Federal Reserve holding back from extra quantitative easing measures last night, the dollar strengthened meaning that greenback-denomina
Read moreLondon midday: Economic data drives stocks lower
21st Jun 2012 11:30
- Chinese, Eurozone PMIs paint gloomy picture - Spanish banking-sector audits due today - Miners, oil stocks fall Disappointing economic data, a negative revision to US growth and rising bond yields in Spain combined to put downward pressure on UK stocks on Thursday, with the Footsie trading firmly
Read moreBroker tips: Unilever, WPP, Micro Focus
21st Jun 2012 11:26
Investec has labelled consumer goods giant Unilever a 'warm hold', saying that while upside to the share price is limited, the company is better-placed than struggling peers Proctor and Gamble and Danone. "While P&G and Danone's profit warnings serve to remind that this is not a time for complacenc
Read moreBroker snap: Unilever is not like P and G/Danone, warns Investec
21st Jun 2012 11:11
Investec has labelled consumer goods giant Unilever a 'warm hold', saying that while upside to the share price is limited, the company is better-placed than struggling peers Proctor and Gamble and Danone. Both P&G and Danone have announced profit warnings recently, sending stocks lower across the s
Read moreThursday broker round-up
21st Jun 2012 09:13
ARM Holdings: Investec maintains buy rating and 800p target. Ashtead: Jefferies ups target from 300p to 320p, buy rating retained. Bellway: Goldman Sachs downgrades to neutral. British Land: Societe Generale downgrades to sell. CRH: HSBC upgrades to overweight. Dignity: Goldman Sachs downgrades
Read moreLondon close: Stocks jump ahead of FOMC meeting
19th Jun 2012 16:44
- Markets look to FOMC with optimism - G20 meeting still ongoing, leaders pledge support - Whitbread, Home Retail lead risers in London Central bank stimulus speculation was doing the rounds today ahead of a key policy meeting in the US, fuelling a strong rise for the Footsie - the index finished a
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