FTSE 100 movers: BHP Billiton jumps, but precious metal miners fall
15th Aug 2014 13:44
BHP Billiton shares jumped on Friday after the world's biggest mining company by revenues said that it is considering a demerger of certain assets in an effort to make the business "simpler and more productive". The company, reiterated its focus on its "four pillars" - iron ore, copper, coal and p
Read moreSector movers: Savills boosts estate agents, while homebuilders rise
7th Aug 2014 13:47
The real estate investment and services sector was on the rise on Thursday on the back of upbeat results from Savills, while homebuilders gained after data showed that house-price inflation rose to seven-year high in July. Savills, which earns money mainly through transaction fees, consultancy and
Read moreLondon midday: Stocks erase losses as banks and housebuilders gain
24th Jul 2014 12:04
- Banking, housing stocks provide a boost - Kingfisher, Easyjet slump after results - Ukraine still in focus as Russian sanctions discussed - Eurozone PMI improves, UK retail sales fall techMARK 2,821.65 -0.06% FTSE 100 6,802.89 +0.07% FTSE 250 15,726.48 0.00% UK stocks managed to turn around afte
Read moreLondon close: FTSE closes higher as tensions ease, ARM leads
22nd Jul 2014 16:59
- FTSE closes 66.90 higher at 6,795.34 - Geopolitical tensions ease - UK factory orders slow in July techMARK 2,826.65 +0.92% FTSE 100 6,795.34 +0.99% FTSE 250 15,650.73 +1.06% It was a strong finish for London's top tier stocks on Tuesday, with the FTSE rising steadily after an initial jump early
Read moreFTSE 100 movers: ARM leads the charge after strong Q2
22nd Jul 2014 15:53
Chip designer ARM Holdings was a high riser as it delivered a confident outlook, hailing a "healthy pipeline of opportunities" after strong licensing results helped profits beat expectations in the second quarter. The tech group, which makes processors for smartphones and tablets, said pre-tax profi
Read moreLondon close: FTSE in red as housing data, Russia weigh
21st Jul 2014 16:59
- FTSE closes down 21 at 6,728.44 - Ukraine, Gaza driving losses - Housing sector weighs after data techMARK 2,801.01 -0.10% FTSE 100 6,728.44 -0.31% FTSE 250 15,486.10 -0.45% Global tensions and disappointing housing data weighed on sentiment in today's session, with the footsie falling early on
Read moreFTSE 100 movers: Miners show resilience amid global tensions
21st Jul 2014 15:55
Miners Fresnillo and Antofagasta were showing resilience despite the mounting tensions seen in both Russia and Gaza over the past few days. Retail giant Tesco was up despite this morning unveiling a profit warning after a "challenging" second quarter. Shares gained after investors welcomed the res
Read moreLondon midday: Housing, tobacco stocks lead UK markets lower, but Tesco gains
21st Jul 2014 12:10
- Gaza fighting, Ukraine crisis continues to dampen risk appetite - UK house prices fall for first time this year - Tobacco stocks hit by major fine for US peer - Tesco issues profit warning as CEO resigns techMARK 2,796.34 -0.27% FTSE 100 6,726.20 -0.34% FTSE 250 15,467.80 -0.57% Geopolitical con
Read moreFTSE 100 movers: Barratt Developments, GKN, Royal Mail
18th Jul 2014 14:35
Housebuilder Barratt Developments was leading the fallers after Liberum downgraded the stock to 'hold' and slashed its target price from 468p to 387p. GKN, which supplies British multinational automotive and aerospace components, declined as airliners were hurt by news of the Malaysia Airlines cras
Read moreLondon midday: Stocks fall as tensions rise after Malaysia Airlines crash
18th Jul 2014 12:07
- Markets react to shooting down of Malaysia Airlines plane - Gaza fighting also weighing on sentiment - Shire and AbbVie strike £32bn takeover deal - UK competition watchdog orders banking probe techMARK 2,787.48 -0.41% FTSE 100 6,706.45 -0.47% FTSE 250 15,448.43 -0.68% Global geopolitical tensio
Read moreUK housebuilders have little to be afraid of, says Liberum
18th Jul 2014 10:53
Liberum has trimmed target prices across the UK housebulding sector but said it still sees upside for stocks despite concerns about a slowing down of the housing market. Taylor Wimpey and Bellway have been named as the top picks in the sector with 'buy' ratings. Bovis Homes, Gleeson and Redrow are
Read moreLondon open: Stock markets rattled by Malaysia Airlines crash
18th Jul 2014 09:17
- Malaysia Airlines crash rattles equity markets - Ukraine, rebels blame each other for shooting down plane - Bullard says Fed may need to move more quickly to tighten techMARK 2,782.92 -0.58% FTSE 100 6,713.50 -0.37% FTSE 250 15,463.12 -0.58% UK stocks opened firmly in the red on Friday morning a
Read moreFriday broker round-up UPDATE
18th Jul 2014 07:55
Barclays: Credit Suisse cuts target price from 275p to 235p retaining a neutral rating. Barratt Developments: Liberum Capital reduces target price from 468p to 387p and downgrades to hold. Bellway: Liberum Capital reduces target price from 1900p to 1764p, while leaving its buy recommendation uncha
Read moreMayor Boris Johnson drives new laws to release London land for housing
15th Jul 2014 14:38
UK housebuilders are optimistic that the Mayor of London, Boris Johnson, can push legislation through parliament that will accelerate the release of public land in the capital to build new homes. Currently in the rest of England outside London, the Homes & Communities Agency, the national housing a
Read moreSector movers: Housing stocks hit by rate-hike speculation as inflation rises
15th Jul 2014 14:18
Concerns about a sooner-than-expected rise in interest rates pushed stocks in the housing sector lower in London on Tuesday with investors concerned about how future policy tightening will affect the demand for mortgages. Housebuilders and construction companies slipped after it was revealed that U
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