London 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
Read moreLondon close: Markets higher on positive economic data
4th Nov 2013 16:28
- Miners gain after China data - HSBC beats forecasts with Q3 results - Weir, Ryanair issue profit warnings - ECB rate-cut speculation does the rounds techMARK 2,651.30 -0.24% FTSE 100 6,763.62 +0.43% FTSE 250 15,503.06 +0.31% Upbeat economic data from across the globe lifted the UK stock market o
Read moreFTSE 100 movers: Miners lifted by data, RyanAir on the warpath
4th Nov 2013 15:00
Mining stocks were on the rise, buoyed by the upbeat outlook for top metals consumer China. Fresnillo, Antofagasta, Rio Tinto, Anglo American, Vedanta and BHP Billiton were among the best performers. Activity in China's services sector in October expanded at its fastest pace in the last year, reinf
Read moreLondon midday: HSBC, miners lift markets higher
4th Nov 2013 12:00
- HSBC beats forecasts with Q3 results - Weir, Ryanair issue profit warnings - Economic data, ECB rate-cut speculation drive markets techMARK 2,661.91 +0.16% FTSE 100 6,767.20 +0.48% FTSE 250 15,519.66 +0.41% UK markets were performing well on Monday morning, owing to speculation over a possible E
Read moreBroker tips: HSBC, Weir, Ryanair, Utilities
4th Nov 2013 11:47
Nomura has retained its 'buy' rating and 850p target price for global banking group HSBC following Monday's better-than-expected third-quarter figures. 'Clean' underlying revenue came in at $15,571m, ahead of the consensus estimate of $15,335m and Nomura's forecast of $15,145m. Meanwhile, the clean
Read moreBroker snap: Consensus downgrades in order at Weir, says Jefferies
4th Nov 2013 10:56
Jefferies said it expects 2013 and 2014 consensus estimates for Weir to be cut by five to six per cent after the engineering firm's profit warning on Monday, as it retained its cautious view on the stock. Third-quarter trading was "very mixed", according to the broker, with sales and profit below e
Read moreLondon open: Markets gain after HSBC results, China data
4th Nov 2013 09:05
- HSBC impresses with Q3 profits - China services PMI paints improved outlook - Weir, Ryanair surprise with profit warnings techMARK 2,665.03 +0.28% FTSE 100 6,768.87 +0.51% FTSE 250 15,522.69 +0.43% UK markets started the new week on a positive note, helped by some well-received quarterly results
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