FTSE 250 movers: 888 rises on strong full-year results
25th Mar 2014 14:58
Online gaming group 888 rose on the back of a strong performance and a highly cash generative year, which prompted the proposal of an extra one-off dividend of 7.0 cents per share on top of a final dividend of 4.0 cents. In a record year for revenue, which rose 7% to $401m, the Gibraltar-headquart
Read moreTuesday tips round-up: Centamin, London Mining
25th Mar 2014 06:35
Centamin´s share price has avoided the rout seen in other goldminers since the start of last year, thanks to the fact that it has the lowest cost of production. However, it continues to faces the legal challenge against its ownership rights over its sole producing asset, the Sukari mine in Egypt. Th
Read moreFTSE 250 movers: Diploma falls on full-year outlook
24th Mar 2014 13:52
Technical product firm Diploma was a big faller after it told investors its final results would be adversely affected by the appreciation of sterling. Broker Jefferies warned that currency headwinds will likely result in mid-single digit downgrades to earnings estimates for this year. Diploma, whi
Read moreLondon midday: Stocks fall as Crimea turmoil drags on
24th Mar 2014 11:42
- Ukraine tensions escalate as G7 leaders meet - Interim President orders withdrawal from Crimea - Chinese manufacturing PMI eases - Kentz, Centamin impress, Diploma drops techMARK 2,769.80 -0.75% FTSE 100 6,537.07 -0.31% FTSE 250 16,085.67 -0.46% Heightened geopolitical tensions in Ukraine pushed
Read moreLondon open: Ukraine, China fears weigh on stocks
24th Mar 2014 08:24
- Reports of increased Russian presence near Ukraine border - Chinese manufacturing PMI falls - Standard Life in talks with Phoenix over Ignis - Kentz, Centamin rise after results techMARK 2,779.91 -0.39% FTSE 100 6,549.85 -0.11% FTSE 250 16,173.87 +0.09% UK stocks opened in the red on Monday as r
Read moreCentamin delivers record operating profits despite falling gold price
24th Mar 2014 07:39
- EBITDA rises to record high - Falling gold prices offset by increased production - Construction Stage 4 expansion under commissioning Egypt-focused gold miner Centamin delivered record operating profits in 2013 as an increase in production and falling costs managed to offset a steep drop in commo
Read moreCanaccord Genuity upgrades gold forecasts, lists preferred stocks
17th Mar 2014 11:08
Canaccord Genuity has highlighted key stocks to buy in the gold mining sector as it lifted its forecasts for the price of the precious metal over the medium term. The broker explained that UK-listed gold producers on average have mildly outperformed the gold price since the start of 2014. However,
Read moreMonday broker round-up UPDATE
17th Mar 2014 08:31
Admiral Group: Credit Suisse raises target price from 1340p to 1425p and keeps a neutral rating. African Barrick Gold: Canaccord Genuity ups target price from 315p to 330p and maintains a buy recommendation. Amara Mining: Canaccord Genuity moves target price from 25p to 33p and reiterates its buy
Read moreLondon open: Markets flat as miners fall after poor data from Asia
10th Mar 2014 08:17
- China registers surprise trade deficit, CPI eases - Japan GDP revised lower - Mining stocks limit upside for FTSE - Mondi upgraded to 'buy' by Citigroup techMARK 2,863.34 +0.12% FTSE 100 6,716.76 +0.06% FTSE 250 16,578.93 +0.12% UK markets opened broadly flat on Monday morning after a surprise t
Read moreWednesday broker round-up UPDATE
5th Mar 2014 10:02
Abcam: Investec reduces target price from 552p to 480p and reiterates its buy recommendation. Numis upgrades from hold to buy with a target price 510p. Advanced Medical Solutions: Canaccord Genuity shifts target price from 94p to 101p and keeps a hold recommendation. African Barrick Gold: Nomura r
Read moreLondon midday: Stocks hit two-week low on Ukraine concerns
3rd Mar 2014 11:25
- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday
Read moreLondon open: Stocks drop sharply as Ukraine tensions rise
3rd Mar 2014 08:14
- Ukrainian concerns escalate - US condemns Russian military move - Financials fall sharply - Precious metal miners track gold and silver prices higher techMARK 2,867.09 -1.30% FTSE 100 6,744.93 -0.95% FTSE 250 16,488.43 -1.42% UK stocks were sold off sharply on Monday morning on the back of the
Read moreFTSE 250 movers: Intl Personal Finance rises on profit jump
26th Feb 2014 13:56
International Personal Finances shares jumped in today's session after its profit came in slightly ahead of expectations. Profit before tax leapt 24 per cent, prompting a 20 per cent increase to the dividend. Despite this, Panmure Analyst, Keith Baird, said: "Regulatory threats remain the chief risk
Read moreLondon pre-open: FTSE to open flat as investors weigh data
26th Feb 2014 07:27
- Flat start expected on FTSE - US data disappoints - Focus to be on UK GDP revision, German consumer confidence UK stocks are set for a broadly flat start this morning as investors digest a slight decline in the US and a mixed finish in Asia overnight, ahead of an announcement due out on UK gross
Read moreCentamin announces board change at newly-acquired Ampella
26th Feb 2014 07:01
Mining group Centamin announced Wednesday that its stake in Ampella Mining, via its wholly-owned subsidiary, Centamin West Africa Holdings, totalled 51.14 per cent, giving it the right to take effective control of Ampella's operations. It also gained the right to appoint a majority of the director
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