London open: Subdued start as investors await comments from MPC
24th Jun 2014 09:02
- Stocks open broadly flat ahead of German data - BoE members face grilling from MPs - Domino Printing sinks on cautious outlook - Imagination Technologies impresses techMARK 2,823.59 -0.17% FTSE 100 6,806.42 +0.09% FTSE 250 15,666.80 -0.05% UK stocks opened more or less unchanged in early trading
Read moreLondon close: FTSE ends modestly higher ahead of Fed statement
18th Jun 2014 16:59
- All eyes on Fed - Unanimous vote by BoE MPC - Investors poised for "imminent" takeover bid techMARK 2,804.94 +0.37% FTSE 100 6,778.56 +0.17% FTSE 250 15,624.20 +0.25% The FTSE ended today's session higher ahead of the latest statement release by the Federal Reserve and following the publication
Read moreFTSE 100 movers: Shire continues to soar on potential bids
18th Jun 2014 15:24
Shire's shares have spiked higher on rumours that Allergan could bid for the company in an effort to fend off a hostile takeover attempt by Valeant Pharmaceuticals. Bloomberg cited an analyst at SunTrust Robinson Humphrey who said that a bid is "imminent" and "makes strategic sense" for the US compa
Read moreLondon midday: Oil stocks lead markets higher ahead of FOMC
18th Jun 2014 11:48
- FOMC meeting to keep traders cautious - Iraq tensions escalate as rebels attack refinery - BoE in focus amid rate-hike speculation techMARK 2,800.97 +0.23% FTSE 100 6,795.76 +0.43% FTSE 250 15,610.03 +0.16% UK equities rose on Wednesday ahead of a policy decision at the Federal Open Market Commi
Read moreLondon open: UK stocks rise as investors await BoE minutes, Fed
18th Jun 2014 08:29
- Supermarkets, telecoms lift markets higher - Fed in focus ahead of policy decision - BoE minutes closely watch amid rate-hike speculation techMARK 2,801.10 +0.23% FTSE 100 6,787.81 +0.31% FTSE 250 15,598.89 +0.09% UK stocks markets were putting a decent performance on Wednesday, helped by gains
Read moreLondon close: FTSE closes firmly lower, housing stocks drag
13th Jun 2014 16:59
- FTSE closes down 65.26 points at 6,777.85 - Oil stocks continue higher, housing stocks sink - Q1 UK construction data revised higher techMARK 2,815.10 -1.11% FTSE 100 6,777.85 -0.95% FTSE 250 15,814.81 -1.93% UK stocks ended the weak on a decidedly negative note, although London's Blue Chips reg
Read moreFTSE 100 movers: Oil stocks gain as housing stocks dive
13th Jun 2014 15:39
Oil and gas stocks were among the handful of names making gains today as share prices tracked oil prices higher, with Shell, BG Group and BP on the rise. Oil prices have surged to a nine-month high amid growing fears about the situation in Iraq, a major oil producer. United Utilities was one of t
Read moreBroker tips: Anglo American, Petra Diamonds, Water stocks
13th Jun 2014 12:55
Credit Suisse has maintained a 'neutral' stance on Anglo American but has said that the potential wage settlement with employees at its platinum operations in South Africa would be a positive for the company after 20 weeks of strikes. However, the bank explained the importance of the offer, saying
Read moreUK water stocks offer low-risk returns, says Deutsche Bank
13th Jun 2014 11:00
UK water stocks Severn Trent, United Utilities and Pennon offer "low-risk returns", according to Deutsche Bank, which recommended investors to buy a basket of the three stocks despite their recent strong run. The bank has raised its target price for Severn Trent from 2,000p to 2,150p and for United
Read moreSunday share tips: United Utilities, TV and telecoms, Cranswick
25th May 2014 10:52
United Utilities faces regulatory wrangling and rising interest rates, making its shares no better than a hold, the Sunday Telegraph's Questor column said. The water company has reported rising profits, strong cash flows and dividend increases linked to inflation. But in future it is up against a re
Read moreFriday tips round-up: Electrocomponents, United Utilities
23rd May 2014 07:14
Electrocomponents and its smaller rival Premier Farnell are worth closely following. Since they distribute a range of electronics goods to engineers, a third of which are used in the development of new products, they are good bellwethers for the economy. Therein lies the rub. While international sal
Read moreUnited Utilities ups final dividend as profit steams ahead
22nd May 2014 07:05
- Annual profits rise, dividend increase - On track for revised business plan for Ofwat - Scope for further improvement UK water and wastewater giant United Utilities increased its dividend payment five per cent as full-year profit grew and it believes there is scope to deliver further improvements
Read moreSevern Trent and United Utilities respond to Ofwat review
17th Apr 2014 07:24
Severn Trent Water and United Utilities on Thursday said they were set to provide a business plan to regulator Ofwat amid a crackdown on water prices. Ofwat has launched a regulatory review of prices in the utility sector for the period 2015 to 2020. Severn Trent said it has continued a "constru
Read moreLondon close: FTSE down as Russian units spotted in Ukraine
15th Apr 2014 16:59
- FTSE closes down 42.15 points at 6,541.61 - Ukraine says Russian forces have entered the country - UK inflation falls to 1.6 per cent in March - German investor confidence falls for 4th month techMARK 2,630.91 -0.44% FTSE 100 6,541.61 -0.64% FTSE 250 15,590.50 -0.71% It was another negative fini
Read moreFTSE 100 movers: Royal Mail leads risers, miners slide lower
15th Apr 2014 14:00
Royal Mail shares were in the top spot in today's session, as investors await to hear the government's decision on whether to sell the remaining 30 per cent stake in the group now that the lock-up period has expired. According to the BBC, senior Tories are firmly in favour of a sale. Defensive stoc
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