FTSE 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.
Read moreLondon close: FTSE 100 edges higher after quiet session
20th Jan 2014 16:45
- FTSE 100 within touching distance of 14-year high - Banks fall after Deutsche Bank's Q4 loss - Chinese growth slowed down in Q4 - UK outlook improves - HSBC highlights potential risks from too-low inflation readings techMARK 2,853.67 +0.09% FTSE 100 6,836.73 +0.11% FTSE 250 16,227.11 +0.25% It
Read moreSector movers: Weir leads industrial engineers higher
20th Jan 2014 15:07
Industrial engineers were making decent gains on Monday with sector heavyweight Weir among the best performers on the back of upbeat comments from analysts. The oil and gas engineer was up 4.2% at 2,227p in afternoon trade with a 'buy' rating from Redburn helping sentiment. "Weir's valuation compa
Read moreWeir announces new management appointments
13th Dec 2013 07:41
Weir Group's Managing Director of the Valves division, John Heasley, will step up to the role of Divisional Managing Director of Power and Industrial. Heasley joined the engineering giant in 2008 and has been in leadership roles in Power and Industrial since 2011. The group also announced that And
Read moreLondon close: Stocks slip after weak start on Wall Street
10th Dec 2013 16:44
- Markets fall as investors look ahead to Fed meeting - Economic data from China, UK reports comes in mixed - Gold miners track metal prices higher - Weir gains on M&A rumours techMARK 2,672.70 -0.26% FTSE 100 6,523.31 -0.55% FTSE 250 15,410.79 +0.12% UK stocks finished firmly lower on Tuesday aft
Read moreFTSE 100 movers: Miners track metal prices higher
10th Dec 2013 15:14
Randgold Resources topped the leader board this afternoon, tracking the price of gold higher, which was up 29 dollars, or 2.35 per cent. Likewise, Fresnillo, which fell earlier in today's session, rebounded into positive territory despite lowering its annual gold production forecast by 8.4% to 425
Read moreLondon midday: Weir leads markets higher as stocks rise for third day
10th Dec 2013 11:16
- FTSE 100 tracks S&P 500 higher after another record close - Taper speculation picks up ahead of Fed meeting - China, UK data comes in mixed - Weir extends gains on GE bid reports techMARK 2,685.85 +0.23% FTSE 100 6,571.16 +0.18% FTSE 250 15,455.13 +0.41% UK markets were rangebound on Tuesday mor
Read moreFriday broker round-up UPDATE
8th Nov 2013 09:21
Abcam: Canaccord Genuity moves target price from 396p to 386p and keeps a sell recommendation. N+1 Singer shifts target price from 450p to 445p downgrading to sell. Aberdeen Asset Management: Jefferies lowers target price from 440p to 430p and reiterates a hold recommendation. Anglo American: Gold
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read moreTuesday broker round-up UPDATE
5th Nov 2013 08:57
Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target
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