FTSE 100 movers: Persimmon, Meggitt, LSE
7th Feb 2014 15:05
Housebuilder Persimmon was the top riser of the FTSE 100 a day after a report from Halifax showed house prices rose more than expected in January. Engineering company Meggitt rallied after reports showed a rise in UK manufacturing and industrial production in December, albeit less than expected.
Read moreThursday broker round-up UPDATE
6th Feb 2014 09:23
ARM Holdings: HSBC reduces target price from 1120p to 1080p and stays with its overweight rating. Avon Rubber: WH Ireland raises target price from 650p to 765p and stays with its buy recommendation. Balfour Beatty: Liberum Capital ups target price from 300p to 350p retaining its buy recommendation
Read moreBroker tips: Aberdeen, Lloyds, Pearson, Whitbread
24th Jan 2014 12:11
Fund manager Aberdeen was a heavy faller on the FTSE 100 on Friday after a ratings downgrade by Morgan Stanley from 'equal weight' to 'underweight'. The bank said that a "deteriorating" fund performance at Aberdeen compounds challenging fundamentals in the emerging markets (EM). This "increases th
Read moreLondon midday: UK markets hit two-week low as downgrades hit blue chips
24th Jan 2014 11:20
- Aberdeen, Lloyds, easyJet, Whitbread hit by downgrades - US stock futures point to another sell-off - Carney hints at scrapping forward guidance techMARK 2,800.83 -0.95% FTSE 100 6,697.93 -1.11% FTSE 250 15,732.15 -1.55% UK markets were trading down over one per cent by Friday lunchtime with a n
Read moreBroker snap: Citi downgrades Whitbread on limited upside
24th Jan 2014 10:34
Citigroup has lowered its recommendation for Whitbread from 'buy' to 'neutral', saying that the valuation of the hotel and leisure stock is approaching peak multiples. Following a 25% rally since October after "strong results, a positive investor day and further confirmatory trading data", the bank
Read moreLondon open: Markets lower for fourth day straight, Aberdeen drops
24th Jan 2014 08:39
- Markets flat after heavy falls on Thursday - Carney signals end to forward guidance - Aberdeen suffers from Morgan Stanley downgrade techMARK 2,828.92 +0.04% FTSE 100 6,760.54 -0.19% FTSE 250 15,950.23 -0.19% UK markets opened lower on Friday morning as traders headed into the weekend in a cauti
Read moreFriday broker round-up UPDATE
24th Jan 2014 08:35
Aberdeen Asset Management: Morgan Stanley reduces target price from 492p to 393p and downgrades from equal-weight to underweight. Afren: Morgan Stanley moves target price from 210p to 220p retaining an overweight rating. Ashmore Group: Morgan Stanley cuts target price from 410p to 365p and reitera
Read moreLondon pre-open: FTSE to float higher ahead of BoE minutes
22nd Jan 2014 07:21
City sources predict the FTSE 100 will open 18 points above yesterday's close of 6,834.26, ahead of the release of the most recent Bank of England (BoE) minutes and the release of UK unemployment figures. In the US last night markets finished in a mixed fashion, with the gains on the Nasdaq and S&
Read moreWhitbread Chairman hangs up his hat
22nd Jan 2014 07:09
Whitbread, owner of the Premier Inn, Beefeater and Costa chains, confirmed that Chairman Anthony Habgood will step down from the board later this year and the process to find a successor is underway. Habgood, who has been Whitbread's Chairman since mid 2005, said: "With the company having a strong
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreWhitbread exec cashes in on rising share price
10th Jan 2014 16:12
Patrick Dempsey, the Managing Director of Whitbread's Hotels & Restaurants business, on Friday sold 3,500 shares in the FTSE 100-listed company. Dempsey, together with his wife Allison, sold the shares at 3,861p each for a total trade value of £135,135. Their stake in the group now stands at 35,
Read moreFriday broker round-up UPDATE
13th Dec 2013 09:36
African Barrick Gold: JP Morgan lowers target price from 180p to 170p leaving its neutral rating unaltered. Aggreko: Numis reduces target price from 1400p to 1234p downgrading from reduce to sell. Anglo American: Deutsche Bank reduces target price from 1780p to 1500p and downgrades to hold. JP Mor
Read moreLondon midday: Markets edge higher after US budget deal, Imagination plummets
11th Dec 2013 11:16
- US agrees on budget deal ahead of Friday deadline - RBS, Lloyds, StanChart lead banks lower - Imagination plummets on cautious guidance techMARK 2,683.01 +0.39% FTSE 100 6,537.76 +0.22% FTSE 250 15,471.94 +0.40% UK markets edged higher on Wednesday morning, with concerns over politician brinkman
Read moreWednesday broker round-up UPDATE
11th Dec 2013 08:35
Afren: Goldman Sachs lowers target price from 280p to 270p, while leaving its strong buy recommendation unaltered. Canaccord Genuity takes target price from 190p to 205p and keeps a buy recommendation. Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 44
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
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