Monday newspaper round-up: Barclays, Savills, Publicis
29th Jul 2013 06:50
The Serious Fraud Office is expected to receive significant funding from the UK Treasury to help in its investigation into Barclays' emergency fundraising five years ago, according to the Financial Times. Property consultant Savills said its research shows almost 2,000 stores have in Britain have b
Read moreTuesday broker round-up UPDATE
9th Jul 2013 07:53
Adept Telecom: Northland Capital revises target price from 108p to 115p and maintains a buy recommendation. AG Barr: Panmure Gordon raises target price from 500p to 600p and retains a hold recommendation. Aquarius Platinum: Westhouse Securities shifts target price from 35p to 40p upgrading from se
Read moreLondon close: Rally continues as FTSE 100 jumps
27th Jun 2013 16:44
Strong US economic data and some reassuring comments by a member of the Federal Reserve gave markets a big boost on Thursday, helping the FTSE 100 to extend gains into the third day. After hitting a fresh five-month low of 6,029 on Monday, the FTSE 100 has risen strongly over the past three session
Read moreFTSE 100 movers: Smiths Group tops the leaderboard
27th Jun 2013 13:21
Engineering companies Smiths Group and Weir Group were the top gainers on Thursday.UBS upgraded Smith Group's stock to 'buy' from 'neutral', helping to push shares higher. Tate & Lyle advanced as Morgan Stanley rated the sweetener maker's stock for the first time on Thursday, recommending an 'overw
Read moreWPP and Twitter sign data deal for targeted advertising
6th Jun 2013 11:46
Advertising conglomerate WPP has followed rival Publicis by agreeing its own partnership with social media giant Twitter. The FTSE 100 group said the deal would see it increasingly use Twitter data for its advertising campaigns and launch several new data products and services with the popular soc
Read moreWPP has Heureka moment with Polish purchase
6th Jun 2013 09:31
Marketing behemoth WPP has snapped up a non-controlling stake in Polish digital advertising agency Heureka Group. Heureka is a full-service interactive advertising agency that specialises in digital advertising and social media campaigns, with its own proprietary social analytics tool called Brand
Read moreThursday broker round-up UPDATE
6th Jun 2013 07:37
Aggreko: Goldman Sachs cuts target price from 2425p to 2125p, while retaining its buy recommendation. Alliance Pharma: FinnCap shifts target price from 35p to 38.50p and stays with its hold recommendation. APR Energy: Goldman Sachs reduces target price from 990p to 945p keeping a buy recommendatio
Read moreFTSE 100 movers: RBS, Centrica, Polymetal
31st May 2013 13:58
Royal Bank of Scotland's shares edged up after narrowing its shortlist of prospective bidders in its sale of 315 branches. UK gas and electricity supplier Centrica advanced Friday as utility stocks bounced back after a sharp fall over the past week. Polymetal International rallied after completi
Read moreWPP's Y&R Advertising opens majority-owned agency in Myanmar
23rd May 2013 07:21
FTSE 100 listed advertising multinational WPP has reported that Y&R Advertising has opened Y&R Yangon, making it one of the first international networks to open a majority-owned advertising agency in Myanmar. The group said that Y&R Yangon represented a joint venture with local partner K-Noke Adver
Read moreWednesday newspaper round-up: ENRC, Apple, Chinese manufacturing...
1st May 2013 06:20
According to the Financial Times, the UK Listings Authority has launched an investigation into ENRC possible breaches of its takeover rues that could result in a fine or public censure. "The irony of the move is that the UK Listings Authority has been criticised for permitting ENRC to list in the UK
Read moreMonday broker round-up UPDATE
29th Apr 2013 08:17
Afren: Liberum Capital shifts target price from 130p to 136p and maintains a hold recommendation. AngloAmerican: Nomura upgrades from reduce to neutral with a target price of 1700p. Antofagasta: Nomura cuts target price from 1250p to 1200p, while its neutral rating remains unchanged. Investec redu
Read moreMonday newspaper round-up: BP, AstraZeneca, Sainsbury's...
29th Apr 2013 06:48
The Telegraph writes that BP's giant underwater oil project offshore Angola has come in four billion dollars over budget after delays set it back a year. According to The Independent, unions are meeting with AstraZeneca in an attempt to convince the pharmaceuticals group to reverse plans to shut do
Read moreLondon midday: Miners fall ahead of US growth figures
26th Apr 2013 12:08
Stocks in the UK slipped on Friday morning as traders took profits after a three-day winning streak with markets nervous ahead of economic growth data from the United States this afternoon. The US Commerce Department is expected to reveal that gross domestic product (GDP) in the world's largest eco
Read moreLondon open: Markets nervous ahead of US GDP data
26th Apr 2013 08:41
Markets opened in negative territory on Friday morning as eyes turned to the all-important reading of first-quarter economic growth in the US. The US Commerce Department is expected to reveal later on that gross domestic product (GDP) in the world's largest economy expanded at a 3.0% pace in the fi
Read moreLondon pre-open: FTSE expected to open lower on profit taking
26th Apr 2013 07:30
City sources predict the FTSE 100 will open down 23 points from yesterday's close of 6,443 on the expectation of some end of the week profit taking. In the US last night stocks started the day strongly on the back of better-than-expected jobless claims and corporate earnings but gains were trimmed
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