FTSE 250 movers: Virgin Money leads index, Saga hit by Acromas sale
28th Jul 2015 14:38
(ShareCast News) - The FTSE 250 index started strongly on Tuesday morning and held steady through the afternoon, led by encouraging results from several UK companies. London's second-line index was up 0.77% at 17,400.05 by 15:10 on Tuesday afternoon. Virgin Money's shares were the strongest perform
Read moreFriday newspaper round-up: Greece, Bank of Japan, Airbus
19th Jun 2015 06:47
The Eurogroup meeting of finance ministers in Luxembourg on Thursday ended in disappointment, writes The Telegraph, despite rumours of a €10bn rescue deal for Greece. Dutch finance minister and Eurogroup chair Jeroen Dijsselbloem said "too little measures have been put forward that have been assesse
Read moreAggreko demoted as Inmarsat joins FTSE 100
4th Jun 2015 15:10
Temporary power provider Aggreko was a casualty of the latest quarterly FTSE 100 review, demoted to the 250 index as satellite company Inmarsat enjoyed a promotion. Aggreko has a market capitalisation of around £3.95bn, whereas Inmarsat has a market value of around £4.53bn. Banknote printer De La R
Read moreWednesday preview: Queen's Speech in focus
26th May 2015 17:15
Wednesday will be a light day both in terms of economic data and company results, although the Queen's speech will be watched for any surprises - a not uncommon occurrence. In her role as Head of State, and marking the State Opening of Parliament, the Queen will put forward the government's agenda,
Read moreTuesday broker round-up
7th Apr 2015 11:59
Antofagasta: Jefferies reiterates buy. GlaxoSmithKline: Credit Suisse reiterates underperform and 1440p target. Micro Focus Intl.: Numis reiterates add and ups target price to 1,310p from 1,240p. Rockhopper Exploration: Canaccord Genuity starts coverage at buy and raises target to 190p from 180p.
Read moreBroker tips: Vodafone, Antofagasta, Airline stocks
7th Apr 2015 11:35
Shares in telecoms giant Vodafone were on the rise on Tuesday after UBS highlighted the possibility of a bid from US cable operator Liberty Global. The Swiss bank maintained a 'buy' rating and 265p target price on the UK-listed stock, saying that Liberty may be revisiting its strategy. Nevertheless,
Read moreJPMorgan favours budget airlines over legacies, downgrades IAG
7th Apr 2015 09:22
JPMorgan Cazenove has downgraded its recommendation for British Airways owner IAG from 'overweight' to 'neutral' after reassessing its stance on the European airlines sector. The bank said it favours low-cost carriers (LCCs) strongly over legacy airlines, as it upgraded its rating on Ryanair from 'n
Read moreWizz Air raises £257m as IPO priced at 1,150p
25th Feb 2015 08:07
Wizz Air priced its initial public offering at 1,150p on Wednesday, giving it an initial market capitalisation of £601m. The budget airline claimed that the size of its offering reached £257m, with the company to recieve £103m and shareholders the remainder. The Budapest-based airline decided to fl
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