FTSE 250 movers: Elementis jumps on positive update
25th Oct 2013 16:05
Speciality chemicals group Elementis was the strongest riser on the FTSE 250 saying it delivered a "resilient performance" for the three months ended September 30th and saw a return to more normal trading patterns in oilfield drilling. Premier Oil shares rose after the company this afternoon annou
Read moreLondon close: Stocks pull back from five-month high
23rd Oct 2013 17:01
- Miners, banks weigh on Footsie - Money-market rates spike in China - RSA up on bid speculation techMARK 2,624.47 -0.41% FTSE 100 6,674.48 -0.32% FTSE 250 15,494.97 -0.11% The FTSE 100 finished in negative territory for the first time in 10 trading sessions on Wednesday as traders took profits af
Read moreLondon midday: Markets pull back from five-month high as banks fall
23rd Oct 2013 11:15
Concerns over the Chinese economy and a weak performance by banking stocks halted a nine-day winning streak for UK markets on Wednesday, as investors chose to take profits following a strong run. The FTSE 100 snapped a nine-day winning streak this morning, pulling back from Tuesday's finish of 6,69
Read moreLondon open: Stocks snap nine-day winning streak
23rd Oct 2013 08:14
Equities pulled back from a five-month high on Wednesday with ex-dividend names weighing on markets in London as traders took a breather following a recent strong run. The FTSE 100 snapped a nine-day winning streak this morning to trade around 0.5% lower than Tuesday's finish of 6,695.66, the index
Read moreFTSE 250 movers: UBM sinks on profit plunge
22nd Oct 2013 15:34
Shares in media company UBM sank today after the company posted a decline in operating profit, hit by softening conditions in certain markets and a slower summer period, and warned on its full-year underlying revenue growth. The figure is now expected to be at or slightly below the bottom of its gu
Read moreTuesday broker round-up UPDATE
22nd Oct 2013 08:02
Aggreko: JP Morgan reduces target price from 1800p to 1620p reiterating a neutral rating. Alexander Mining: Northland Capital shifts target price from 6p to 8.10p and keeps a buy recommendation. APR Energy: JP Morgan increases target price from 1075p to 1150p and maintains an overweight rating. B
Read moreMonday broker round-up UPDATE
14th Oct 2013 08:46
Admiral Group: JP Morgan cuts target price from 1122p to 1022p maintaining an underweight rating. Balfour Beatty: Numis increases target price from 285p to 315p and stays with its add rating. Bankers Petroleum: Goldman Sachs takes target price from 365p to 379p and reiterates a buy recommendation.
Read moreFriday broker round-up UPDATE
11th Oct 2013 08:51
Barratt Developments: Deutsche Bank moves target price from 365p to 391p reiterating its buy recommendation. Bovis Homes Group: Deutsche Bank raises target price from 901p to 1001p and keeps a buy recommendation. Croda International: Liberum Capital downgrades to hold with a target price of 2480p.
Read moreLondon close: Footsie continues orderly retreat
9th Oct 2013 16:10
The ongoing debt-ceiling debate saw the Footsie slip moderately lower on Wednesday, with the nomination of arch-dove Janet Yellen to the Chair of the US Federal Reserve doing little to assuage market worries. London's benchmark FTSE 100 index ended Wednesday's session at 6,337.91, a level not seen
Read moreFTSE 250 movers: N Brown declines on flat earnings per share
9th Oct 2013 15:37
Online and catalogue retailer N Brown fell after reporting an 8.0 per cent rise in revenue and 5.9 per cent increase in operating profits in the first half. Adjusted earnings per share, however, were broadly flat, up just 0.6 per cent at 12.55p. Meanwhile, house builders Barratt Developments and B
Read moreSector movers: Bullish Goldman note boosts house builders
9th Oct 2013 14:47
An aggressively bullish note from analysts at Goldman Sachs put a rocket up housebuilding and estate agency stocks on Wednesday. The influential broker said valuations for residential construction companies were too conservative, with the government's Help to Buy scheme helping lift British house
Read moreBroker tips: Housebuilders, M&S, BSkyB, Greggs
9th Oct 2013 11:52
As part of an upbeat review of the UK housing market, Goldman Sachs has added Taylor Wimpey to its 'conviction buy' list and upgraded its ratings for Bovis Homes and Barratt Developments from 'neutral' to 'buy'. "Partly stimulated by the Help To Buy shared equity scheme, lead indicators such as UK
Read moreLondon midday: Markets pause at three-month low as UK data disappoints
9th Oct 2013 11:19
Disappointing UK production figures and the ongoing political deadlock in the US weighed on market sentiment on Wednesday morning, with the FTSE 100 subdued after hitting a three-month low the day before. London's benchmark FTSE 100 index was trading broadly flat by midday, erasing earlier losses,
Read moreBroker snap: Housebuilders rise after Goldman comments
9th Oct 2013 11:03
Housebuilding stocks were performing well on Wednesday after upbeat comments from Goldman Sachs over the outlook for the market, driven in part by 'Help to Buy'. This comes just days after the government launched the second phase of the mortgage guarantee scheme three months earlier than planned.
Read moreWednesday broker round-up UPDATE
9th Oct 2013 07:57
Air Partner: Liberum Capital initiates with a target price of 555p and a buy recommendation. Alent: Credit Suisse moves target price from 420p to 430p and keeps an outperform rating. AZ Electronic Materials: Credit Suisse revises target price from 350p to 330p, while staying with its neutral ratin
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