London close: Stocks finish flat on global economic data comes in mixed
21st May 2015 16:42
A barrage of mixed economic data from across the globe had an equally mixed impact on the markets on Thursday, with UK stocks finishing broadly flat after swinging between gains and losses for most of the session. Mining shares were lifted by stimulus speculation in China while the energy sector was
Read moreSector Movers: Oil, retail stocks plus chatter on Vodafone inches London market higher
21st May 2015 15:58
Oil and gas, petrochemicals and retail stocks drove the FTSE 100 higher on Thursday as chatter about Vodafone's rumoured tie-up with Liberty Global went into overdrive. At the close of trading, the blue chip index came in at 7,013.47 points up 0.09% as Vodafone shares continued to advance on specula
Read moreFTSE 100 movers: Miners higher, Hargreaves Lansdown surges on record inflows
21st May 2015 13:19
London stocks inched higher on Wednesday, buoyed by stronger than expected retail sales and strong performances from mining, telecommunications and pharmaceutical stocks. At 14:30 BST, the FTSE 100 was trading 4 points higher at 7,011. Mining stocks, including Fresnillo, BHP Billiton and Rio Tinto,
Read moreBroker tips: Royal Mail, Vodafone, M&S, Smiths Group, Booker, Aveva
21st May 2015 11:30
Royal Mail's full year results were given the stamp of approval by analysts at Deutsche Bank and Shore Capital on Thursday, although there remained caution about the highly competitive environment. ShoreCap retained a 'buy' rating, while Deutsche Bank reiterated its 'hold' stance on the shares and t
Read moreNomura upgrades Vodafone, says break-up possible amid Liberty speculation
21st May 2015 09:33
Vodafone shares continued to advance on Thursday on speculation about a possible tie-up with Liberty Global, with Nomura providing an extra boost by lifting its stance on the stock from 'reduce' to 'neutral'. The broker hiked its target price from 185p to 235p, saying it sees a potential break-up of
Read moreLondon close: Vodafone, banks lead markets higher but Greek concerns weigh
20th May 2015 16:59
Decent gains from blue chips Vodafone, Barclays and RBS gave UK stock markets a lift on Wednesday, with the Footsie settling above the 7,000 level for the first time in seven sessions. The FTSE 100 finished 12.16 points higher (+0.17%) at 7,007.26, a level it has not closed above since 11 May. Howe
Read moreSector movers: Vodafone-Liberty speculation heats up telecom shares
20th May 2015 14:27
M&A speculation was lifting stocks in the UK telecoms sector on Wednesday, with industry giant Vodafone surging on hopes of a deal with Liberty Global. Vodafone was trading over 5% higher in the afternoon session after US telecoms tycoon John Malone, the owner of Liberty Global, dropped heavy hints
Read moreWednesday broker round-up
20th May 2015 13:36
BHP Billiton: Credit Suisse reiterates outperform and 1,350p target. Associated British Foods: Credit Suisse reiterates outperform and 3,250 target. BP: RBC Capital ups target to 500p from 490p and reiterates outperform. Royal Dutch Shell: Canaccord Genuity reiterates buy and 2,275p target. Vedan
Read moreFTSE 100 movers: Vodafone surges on merger speculation, miners rebound
20th May 2015 12:56
London stocks were trading slightly higher on Wednesday as strong performances from mining and telecommunications stocks outweighed weakness in the insurance and real estate sectors. As of 2:30 GMT, the FTSE 100 was trading 6.2 points higher at 7,0001. Vodafone led the risers, rebounding after Tues
Read moreBroker tips: Vodafone, Burberry, M&S, Talktalk
20th May 2015 11:41
Vodafone's share price is likely to be buoyed by speculation regarding a Liberty Global merger over the coming days, though analysts at Bank of America Merrill Lynch remained cautious. The US bank reiterated an 'underperform' rating on the stock, saying that concerns about each companies' valuations
Read moreValuation likely to be sticking point in Vodafone-Liberty deal, says Bank of America
20th May 2015 09:09
Vodafone's share price is likely to be buoyed by speculation regarding a potential merger with Liberty Global over the coming days, though analysts at Bank of America Merrill Lynch remained cautious. The US bank reiterated an 'underperform' rating on the stock, saying that concerns about each compan
Read moreVodafone vibrating on Malone's messages about Liberty merger
20th May 2015 08:46
Shares in Vodafone have rung up gains on Wednesday after US telecoms tycoon John Malone, the owner of Liberty Global, dropped heavy hints about a potential merger. Malone, speaking a day after the FTSE 100 telecoms company's somewhat disappointing results, said that that a long-rumoured combination
Read moreLondon open: FTSE flat as blue chip earnings underwhelm, Vodafone rises on merger talk
20th May 2015 08:19
UK stocks edged higher on Wednesday morning though a raft of disappointing blue-chip earnings limited upside for the FTSE 100. The Footsie was up just 0.02% at 6,996.36 early on with Vodafone leading the way on the back of speculation surrounding a Liberty Global merger. However, results and update
Read moreWednesday newspaper round-up: Liberty Global/Vodafone, Yahoo!, Asda
20th May 2015 06:29
John Malone, the owner of Liberty Global, has said that that a combination with UK telecoms group Vodafone would be a "great fit", The Times said. The paper said he "dropped the heaviest hint yet that a tie-up with Vodafone is on the cards". Shares in Yahoo! dropped suddenly on Tuesday evening on co
Read moreFTSE 100 movers: BHP Billiton extends losses, Land Securities surges on higher dividend
19th May 2015 13:15
UK stocks edged higher on Tuesday, despite confirmation of the UK's first deflation since the 1960s. Sector-wise, losses made by miners and telecommunications were offset by strong results from real estate, construction and insurance stocks. As of 2:40GMT, the FTSE 100 was trading 28 points higher a
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