FTSE 100 movers: Tullow Oil rises on strong set of results
13th Feb 2013 15:50
Oil and gas group Tullow rose strongly today after posting a four per cent rise in annual pre-tax profits on the back for strong sales and output. Pre-tax profits in 2012 totalled 1.11bn dollars, ahead of analysts' expectations. Irish building materials group CRH was one of the best performers on
Read moreLondon close: Stocks lifted by upbeat US earnings
23rd Jan 2013 17:05
London's FTSE 100 finished with moderate gains on Wednesday afternoon ahead of a key vote over the potential extension of the debt ceiling Stateside, as some decent results from US bellwethers Google, McDonald's and IBM lifted sentiment across stock markets worldwide. The US House of Representative
Read moreLondon midday: Stocks hold on to gains, but markets cautious
23rd Jan 2013 11:38
The mood on the stock markets was cautious on Wednesday morning as traders digested a barrage of economic announcements, corporate earnings and a key speech by David Cameron. The FTSE 100 managed to stay in positive territory after a strong start, albeit only just. UK Prime Minister David Cameron's
Read moreLondon open: Stocks rise ahead of US debt-ceiling vote
23rd Jan 2013 08:28
Well-received earnings from some Wall-Street heavyweights were boosting market sentiment on Wednesday morning, with London's FTSE 100 making moderate gains early on. Both Google and IBM impressed the US market late last night with better-than-expected fourth-quarter results. Markets will likely be
Read moreSage warns that conditions in mainland Europe 'remain challenging'
23rd Jan 2013 07:28
Sage group has reported trading in-line with expectations in its interim management statement for the period from October 1st to date, according to an announcement issued by the company on Wednesday morning. The FTSE 100 business software firm said that its revenue trends had varied across geograph
Read moreWednesday broker round-up UPDATE
23rd Jan 2013 07:05
Aberdeen Asset Management: Societe Generale downgrades to hold, while its target price of 375p is not altered. Amara Mining: Investec reduces target price from 89p to 83p and reiterates a buy recommendation. Associated British Foods: Jefferies raises target price from 1365p to 1650p keeping a hold
Read moreWednesday preview: FTSE 100 big hitters swing results
22nd Jan 2013 15:53
A parade of FTSE 100 companies will be under the spotlight Wednesday as Unilever, BHP Billiton, Land Securities Group and Sage Group release their latest results. Consumer goods giant Unilever will release its fiscal year statement. Consensus expectations are for fiscal year 2012 revenue of €51,29
Read moreSABMiller Marketing Director trades in shares
15th Jan 2013 16:53
Nick Fell, the Marketing Director of SABMiller, has sold 12,400 shares, it was announced Tuesday. The transaction, which took place last week, saw Fell trade in the shares at 2,886.82p per share, pocketing a total of £357,966 before tax. At the end of November the company reported that it had bee
Read moreLondon close: Markets nervous ahead of Bernanke Q&A
14th Jan 2013 16:48
- Bernanke could spark market volatility - Traders cautious ahead of US earnings season - Eurozone industrial production disappoints Dovish comments from a member of the Federal Reserve weren't enough to lift stocks on Monday, as markets remained cautious ahead of a speech by Ben Bernanke this even
Read moreLondon midday: Financials lead markets higher
14th Jan 2013 11:46
UK stocks were trading cautiously on Monday morning ahead of the official start of US corporate earnings season. However, markets were registering slight gains after dovish comments from a member of the Federal Reserve Stateside. Federal Reserve Bank of Chicago President Charles Evans said that the
Read moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
Read moreLondon close: Stocks edge higher as markets look to US jobs report
6th Dec 2012 16:33
- BoE and ECB keep policy on hold - Draghi says ECB discussed rate cut - Eyes turn to US employment report London's blue-chip index finished with slight gains on Thursday after central banks in the UK and Europe announced that they had kept policy on hold, with the market's focus now turning to the
Read moreFTSE 100 movers: Rolls-Royce drops on fraud investigation
6th Dec 2012 15:42
Power systems giant Rolls-Royce tanked after saying that it is to report to the Serious Fraud Office (SFO) after matters of bribery and corruption involving so-called 'intermediaries' were discovered in Indonesia and China. BAE Systems performed well today. Lockheed Martin is close to winning Pent
Read moreLondon midday: Gains erased as investors await ECB decision
6th Dec 2012 12:08
The Footsie had erased most of the morning's gains by Thursday lunchtime, as investors awaited a policy rate decision in Europe and some jobless claims figures in the US later this afternoon. As expected, the Bank of England's Monetary Policy Committee voted to maintain the Bank Rate at 0.5% at tod
Read moreBroker tips: StanChart, Sage, Premier Farnell
6th Dec 2012 11:22
Investec has reiterated its 'buy' rating and 1,800p target price for emerging markets lender Standard Chartered following the group's pre-close trading update, saying the business is 'sitting pretty'. "STAN may have travelled well ahead of today's statement, but with improving momentum into 2013e,
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