Monday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreThursday broker round-up UPDATE
27th Feb 2014 09:55
Balfour Beatty: Berenberg moves target price from 340p to 350p and stays with a buy recommendation. Bodycote: FinnCap places both its target price (prev.: 620p) and its hold recommendation under review. Investec raises target price from 770p to 810p and keeps a buy recommendation. Numis upgrades fr
Read moreLondon close: FTSE ends in the red, Tesco weighs heavily
26th Feb 2014 16:26
- FTSE ended 31 points lower - US new home sales higher than expected - Tesco fails to impress investors techMARK 2,899.47 -0.12% FTSE 100 6,799.15 -0.46% FTSE 250 16,471.66 -0.34% UK markets finished today's session in the red, hit by a combination of weaker sentiment, ex-dividends, and concerns
Read moreFTSE 100 movers: Tesco marked down by analysts
26th Feb 2014 14:35
Engineering solutions provider Weir soared to the top of the risers today after it posted an in-line set of full-year results, as a positive performance by the Minerals division helped to offset an otherwise "challenging" year for the group. Looking ahead, the company believes it will return to unde
Read moreWednesday broker round-up UPDATE
26th Feb 2014 08:54
Anglo Pacific: FinnCap cuts target price from 279p to 216p, downgrades to hold. Ashmore Group: UBS reduces target price from 405p to 355p, while leaving its buy recommendation unchanged. Jefferies cuts target price from 475p to 375p, while its buy recommendation is kept. Barclays lowers target pric
Read moreLondon open: FTSE in the red ahead of GDP data, ITV sinks
26th Feb 2014 08:27
- Stocks start lower, ITV falls despite strong results - German consumer confidence surprises on the upside - Weir, miners lead the gains techMARK 2,900.00 -0.11% FTSE 100 6,811.55 -0.28% FTSE 250 16,459.53 -0.41% UK stocks started today's session in negative territory, weighed by ex-dividends, a
Read moreWeir results come in on target, outlook strong
26th Feb 2014 07:58
- Full-year results in-line - Good performance by Minerals division - Strong outlook for 2014 Engineering solutions provider Weir posted an in-line set of full-year results on Wednesday, as a positive performance by the Minerals division helped to offset an otherwise "challenging" year for the grou
Read moreFriday broker round-up UPDATE
7th Feb 2014 09:30
Acal: N+1 Singer initiates with a target price of 380p and a buy recommendation. AstraZeneca: Societe Generale ups target price from 3030p to 3126p, but still recommends selling. Barratt Developments: Deutsche Bank raises target price from 394p to 480p keeping a buy recommendation. Beazley: Canac
Read moreLondon close: Risk aversion moves up a notch, traders skittish
3rd Feb 2014 16:46
- US ISM manufacturing index surprises sharply on the downside, weather cited - Footsie finds supoort at 200-day moving average - Lloyds dives on PPI bill update, dividend plans - Chinese data just in line Market Movers techMARK 2,766.78 -0.29% FTSE 100 6,460.48 -0.77% FTSE 250 15,552.68 -0.78% Th
Read moreFTSE 100 movers: Randgold cheers with strong update
3rd Feb 2014 14:52
Randgold Resources was the strongest riser after it said it hit targets for 2013, boosted gold production to a new record level and expects output to rise over the next five years. Production for the quarter and year to December rose 20 per cent and 15 per cent respectively, in line with the company
Read moreMonday broker round-up UPDATE
3rd Feb 2014 09:18
Advanced Computer Software: Panmure Gordon shifts target price from 132p to 139p and keeps a buy recommendation. AGA Rangemanager: Canaccord Genuity initiates with a target price of 300p and a buy recommendation. Avon Rubber: Canaccord Genuity initiates with a target price of 720p and a hold recom
Read moreWeir awarded two-year contract in Iraq
24th Jan 2014 10:42
Engineering solutions giant Weir Group has signed a contract with LUKOIL to provide general maintenance services for the oil company's West Qurna-2 oilfield in southern Iraq. Under the two-year deal, which is worth a total of $98m, Weir will deliver mechanical, electrical, maintenance and pipeline
Read moreLondon close: FTSE 100 treads water at eight-month high
21st Jan 2014 16:38
- FTSE 100 fails to break 2013 intraday high - Credit squeeze eases in China - IMF lifts global growth forecasts techMARK 2,846.40 -0.25% FTSE 100 6,834.26 -0.04% FTSE 250 16,144.20 -0.51% After a choppy session, UK markets finished broadly flat on Tuesday as the FTSE 100 teetered at levels not re
Read moreFTSE 100 movers: Intertek jumps on readacross from SGS
21st Jan 2014 15:09
Intertek, a provider of testing and safety solutions, jumped as a result of readacross from its sector peer, Swiss firm SGS, which posted upbeat full-year results. Consumer products group Unilever was also high riser today after reporting underlying sales growth of 4.3% for 2013, helped by strong
Read moreWeir Group declines after Baker Hughes' fourth-quarter results
21st Jan 2014 14:20
Weir Group slumped after fellow oil services provider Baker Hughes highlighted higher costs for the sector in its fourth-quarter results. Baker said a surplus of natural-gas supply led to lower prices and pushed energy companies to shift operations to oil-rich shale, which is more difficult to tap.
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