London midday: Markets bounce back ahead of US data
6th Dec 2013 11:31
- FTSE 100 rebounds from worst level in eight weeks - Oil, housing stocks provide a lift - Markets focus on non-farm payrolls ahead of Fed meeting techMARK 2,657.20 +0.34% FTSE 100 6,536.26 +0.58% FTSE 250 15,210.58 +0.35% Strong gains in oil and housing sectors were providing a lift in London on
Read moreLondon open: Housing, oil stocks help markets rebound from eight-week low
6th Dec 2013 08:52
- Housing and oil stocks provide a lift - Focus on Fed ahead of non-farm payrolls - Berkeley jumps as strong housing demand boosts H1 results techMARK 2,650.07 +0.07% FTSE 100 6,518.46 +0.31% FTSE 250 15,166.21 +0.06% The FTSE 100 rebounded slightly on Friday from an eight-week low, as bargain hu
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreBills on lost or stolen mobile phones to be capped
3rd Dec 2013 12:56
A cap will be put on the bills of lost or stolen mobile phones, a government minister has pledged. Culture Secretary Maria Miller revealed the cap would come into play from spring 2014, after the policy was on Monday agreed by all seven of the leading operators, namely Vodafone, BT, Birgin Media,
Read moreVodafone launches mobile wallet service
22nd Nov 2013 12:14
Vodafone has launched its new mobile wallet service, which has been designed to enable customers to make a range of everyday transactions through their smartphones. It is the first European mobile payment service built on the GlobalPlatform standard, a cross industry, non-profit association. In
Read moreLondon close: Ex-div stocks weigh as investors await Fed minutes
20th Nov 2013 16:17
- MPC warns of 'uncertainties' to recovery - FOMC in focus ahead of minutes - Ex-div stocks finish firmly lower techMARK 2,626.20 -0.68% FTSE 100 6,681.08 -0.25% FTSE 250 15,178.75 -0.57% UK markets finished firmly lower on Wednesday after a choppy session as investors adopted a cautious approach
Read moreFTSE 100 movers: Ex-divi stocks weigh, Aberdeen lifted by Merrill Lynch
20th Nov 2013 14:40
Ex-div stocks were weighing on the FTSE 100 with Vodafone, Tate & Lyle, Next, Carnival and Sainsbury among the stocks trading without the right to their latest payouts. Drinks group Diageo was also under the weather after Chief Executive Ivan Menezes was reported as saying that the "uncertain" mac
Read moreLondon midday: Markets in the red with BoE, Fed in focus
20th Nov 2013 11:33
- BoE voted unanimously on policy at last meeting - MPC attempts to play down rate-hike fears - Taper in focus ahead of FOMC minutes techMARK 2,627.20 -0.64% FTSE 100 6,670.70 -0.41% FTSE 250 15,181.39 -0.55% UK markets were trading in the red on Wednesday after the Bank of England expressed conce
Read moreLondon close: FTSE 100 at four-week low on policy concerns
13th Nov 2013 16:36
- FTSE 100 sinks to lowest level since mid-October - Rate-hike speculation follows BoE Inflation Report - Sainsbury up after strong first half techMARK 2,625.69 -0.83% FTSE 100 6,630.00 -1.44% FTSE 250 15,179.84 -1.23% UK stocks declined sharply on Wednesday as investor risk appetite was scaled ba
Read moreLondon open: Stocks sink ahead of Inflation Report
13th Nov 2013 08:36
- Inflation Report in focus after CPI data yesterday - Markets give mixed reaction to corporate earnings - UK unemployment rate expected to hold steady techMARK 2,636.08 -0.44% FTSE 100 6,684.38 -0.63% FTSE 250 15,327.34 -0.27% Stocks sank sharply on Wednesday morning as investors scaled back thei
Read moreWednesday tips round-up: Vodafone, Andor Technology, BSkyB
13th Nov 2013 07:18
Vodafone is increasingly being sized up as a potential merger and acquisition (M&A) target going forward. That at least is how markets interpreted its disclosure of an 18bn pound tax credit related to losses in Germany and Luxembourg. Nevertheless, most observers do not seem to believe that an event
Read moreLondon close: Markets finish flat after range-bound session
12th Nov 2013 16:19
- Markets rangebound ahead of Inflation Report - UK CPI falls to 13-month low - Taper speculation ramps up after comments from Fed officials techMARK 2,647.80 +0.27% FTSE 100 6,726.79 -0.02% FTSE 250 15,369.08 -0.33% Markets finished more or less flat on Tuesday afternoon after a fairly subdued se
Read moreBroker tips: RBS, Vodafone, GlaxoSmithKline
12th Nov 2013 12:56
Analysts at Goldman Sachs have a positive view on the strategy outlined by Royal Bank of Scotland alongside its third-quarter results. However, the group's new target for common Tier-1 equity, of over 12% versus over 10% before, means that there is now reduced upside potential in RBS shares, "towar
Read moreBroker snap: Vodafone's capex plans will attract bidders, says Nomura
12th Nov 2013 12:47
Nomura has maintained a 'buy' rating for telecoms titan Vodafone after its better-than-expected first-half report, hailing the company's accelerated investment plan and attraction to possible bidders. Alongside the interim figures, the company upped the size of Project Spring - the Verizon-funded c
Read moreLondon midday: Financials, miners drag markets lower
12th Nov 2013 11:42
- UK CPI falls to 13-month low - Dovish comments from ECB members - RBS taken off 'buy' list at Goldman techMARK 2,643.61 +0.11% FTSE 100 6,714.21 -0.21% FTSE 250 15,378.49 -0.27% Investors on Tuesday gave little reaction to a sharp fall in UK inflation as heavy falls in the banking and financial
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