London open: Ukraine concerns dampen markets early on
7th May 2014 08:24
- L&G, G4S, Sainsbury and ITV lead risers - WM Morrison, ex-div stock provide a drag - Ukraine tensions continue to rise - Markets nervous ahead of Yellen speech techMARK 2,785.10 -0.25% FTSE 100 6,779.09 -0.29% FTSE 250 15,870.62 -0.43% Ongoing tensions in Ukraine and a host of mixed corporate ea
Read moreVodafone extends telecoms partnership with France's SFR
7th May 2014 08:07
Vodafone and French telecoms peer SFR have agreed to renew their strategic global alliance partnership for a further four years. The non-equity partner market agreement will see the two companies continue to provide fixed and mobile telecoms services to multinational customers in France as well as
Read moreFTSE 100 movers: Fresnillo escapes the storm after JP Morgan hikes target
11th Apr 2014 14:56
JPMorgan Cazenove has lifted its price target for Fresnillo from 965p to 1,030p and kept an 'overweight' rating, saying it continues to favour the Mexican precious metals producer over sector peer Hochschild ('neutral'). "We estimate Fresnillo should continue to enjoy lower average costs, aided by
Read moreLondon midday: Tech and airline stocks drag UK markets lower
11th Apr 2014 11:30
- Tech, internet stocks weigh on markets - Nasdaq sees sharpest fall since late 2011 - JPMorgan, Wells Fargo in focus this afternoon - Airlines sold off after Heathrow traffic stats techMARK 2,668.68 -1.87% FTSE 100 6,563.60 -1.18% FTSE 250 15,888.60 -1.61% UK stocks fell over one per cent on Frid
Read moreLondon open: Tech stocks drag UK markets lower after Nasdaq sell-off
11th Apr 2014 08:35
- US, Asian weakness flows into UK stocks - Tech stocks hit hard in early trading - Supermarkets edge higher early on techMARK 2,679.00 -1.49% FTSE 100 6,594.42 -0.72% FTSE 250 15,946.60 -1.25% There were just a handful of risers on the FTSE 100 on Friday morning as stocks dropped sharply, trackin
Read moreVodafone takes full control of its Indian business
11th Apr 2014 07:50
Mobile telecoms group Vodafone has taken full ownership of its Indian arm Vodafone India in two deals costing a total of 1bn pounds. Vodafone said it had bought the remaining 10.97% of Vodafone India Limited (VIL) from Piramal Enterprises. In March 2014, Vodafone bought indirect equity interests i
Read moreFTSE 100 movers: Insurers lead upside after recent falls
4th Apr 2014 14:43
Insurance groups RSA, Resolution and Aviva all made decent gains, bucking the trend of recent times, hit by both the Budget statement and the Financial Conduct Authority's plans to review old insurance policies. Pearson was higher after Jefferies upgraded the publisher to 'buy' and raised its targ
Read moreLondon midday: Markets in positive mood ahead of US jobs data
4th Apr 2014 11:33
- Expectations high for US non-farm payrolls - 200k increase expected in March, jobless rate seen lower - easyJet traffic grows, RBS appoints new CFO - Retailers fall, including Tesco and M&S techMARK 2,774.68 +0.14% FTSE 100 6,678.29 +0.44% FTSE 250 16,414.01 +0.40% UK stock markets were putting
Read moreFriday broker round-up UPDATE
4th Apr 2014 10:07
African Minerals: Deutsche Bank reduces target price from 382p to 335p, while its buy recommendation remains unchanged. Arrow Global: Canaccord Genuity moves target price from 309p to 318p and keeps a buy recommendation. Ashmore Group: JP Morgan takes target price from 344p to 351p and maintains a
Read moreLondon open: Stocks rise ahead of US jobs report
4th Apr 2014 08:42
- Non-farm payrolls in focus - easyJet traffic up 4.8 per cent in March - RBS appoints Credit Suisse banker as CFO techMARK 2,772.13 +0.05% FTSE 100 6,672.25 +0.35% FTSE 250 16,391.84 +0.26% UK stocks opened with small gains on Friday morning ahead of the all-important US non-farm payrolls report
Read moreVodafone to add 150 shops and 1,400 jobs
3rd Apr 2014 07:56
Vodafone said on Thursday it will add 150 shops and create 1,400 jobs in the UK as part over a 100m pound investment over the next year. The expansion is part of the company's plans to invest £1bn in the UK in 2014. Last June the group revealed it would ramp up UK expenditure by more than 50% to ne
Read moreBellway Chairman sells share post transfer after strong results
27th Mar 2014 16:01
On the same day that it reported a stellar set of half-year results, the Executive Chairman of UK residential property developer Bellway, Ted Ayres, disposed of 12,276 shares. The stock was part of a larger batch of shares transferred to Ayres from the company's employee share option scheme for a c
Read moreFitch puts Vodafone bonds on ratings watch negative
18th Mar 2014 13:16
Rating agency Fitch has warned that Vodafone's agreed purchase of Spanish cable operator Ono could push its leverage to the upper end of what is acceptable for its current 'A-' rating. Fitch placed Vodafone's 'A-' long-term issuer default rating and senior unsecured debt on 'rating watch negative'
Read moreBroker tips: Vodafone, Shell, Reed Elsevier...
17th Mar 2014 13:00
Vodafone's 7.2bn-euro offer for Spanish telecoms group Ono is a "vital strategic move", according to Jefferies, which said that a stabilisation of the UK group's business in Spain is now possible. "The clear positive from this morning [...] is that VOD is addressing a key strategic weakness proact
Read moreLondon midday: Stocks snap six-day losing streak after Crimea vote
17th Mar 2014 11:36
- Crimea votes to rejoin Russia - Russia-West tensions high after referendum - Housebuilders rise on Help to Buy, housing data - Glencore Xstrata leads miners higher, Vodafone gains techMARK 2,783.12 +0.64% FTSE 100 6,551.58 +0.36% FTSE 250 16,237.65 +0.70% UK stocks were performing well on Monday
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