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  • London pre-open: Solid start expected; eyes turn to EU summit

    Tuesday 16 Oct 2012

    UK stocks are set to rise strongly when markets open on Tuesday with city sources predicting that the FTSE 100 will open up around 33 points from yesterday's close of 5,806.

  • Tuesday newspaper round-up: RBS, British economy, BP

    Monday 15 Oct 2012

    The Royal Bank of Scotland is considering suing Santander amid fears that its decision to ditch the deal buy 316 branches could cost the part-nationalised lender as much as £1bn. Lawyers and advisers at RBS are “looking at the legality” of Spanish bank’s reversal after its shares fell and as much as £800m was wiped off the value of the branch deal. The bank faces additional costs of re-running

  • Broker snap: Investec pares target for GKN

    Monday 15 Oct 2012

    Investec has trimmed its target price for engineering group GKN after its Driveline division suffered from a worse-than-expected weakening in automotive demand and associated operational issues.

  • Tuesday preview: N Brown, Bellway, Informa, inflation

    Monday 15 Oct 2012

    Panmure Gordon recently downgraded its rating for internet and catalogue home shopping firm N Brown from 'buy' to 'hold', ahead of the firm's interims on Tuesday.

  • FTSE 100 movers: Kingfisher leads gains after investor day

    Monday 15 Oct 2012

    DIY shop retailer Kingfisher was a high riser following an analyst visit to its Screwfix operations on Friday. Espirito Santo, Jefferies and Panmure Gordon reiterated their 'buy' ratings on the stock today, while speculation that the company is thinking of launching its Screwfix chain in France was lifting shares.

  • London midday: Hargreaves leads risers in morning trade

    Monday 15 Oct 2012

    Chinese export data beats forecasts; eyes on Greece and Spain; Hargreaves Lansdown extends gains.

  • Virgin Money on alert as Santander pulls out of RBS deal

    Monday 15 Oct 2012

    Part-nationalised lender Royal Bank of Scotland (RBS) has confirmed that Spanish banking giant Santander is going back on its agreement to purchase 316 RBS branches in the UK, as it does not believe the deal could be completed by the end of year deadline.

  • Wednesday share tips: Optos, First Group, Quindell Portfolio

    Monday 15 Oct 2012

    Optos is a Scottish medical technology company that makes scanning devices allowing early detection of cataracts, glaucoma or retinal detachment. Tempus in The Times writes that operating profits for the year to September are set to beat market forecasts of 22.3m dollars. In addition, its management have good form. Chief Executive Roy Davis previously ran Gyrus, which was sold for 935m pounds and

  • Broker snap: Investec downgrades SDL on tech slowdown

    Monday 15 Oct 2012

    Investec has downgraded its rating for information management group SDL from 'buy' to 'hold' after Monday's trading update showed that the slowdown in technology revenue growth continued into the third quarter.

  • Monday broker round-up

    Monday 15 Oct 2012

    Anglo, Anto, Asian Plantations, AVEVA, Bellzone, Bovis, BT, Cape, Dixons, Evraz, Faroe, IHG, ITV, Halfords, Hunting, Kazakhmys, Kenmare, Kentz, Kingfisher, McBride, Morgan Crucible, Optos, PayPoint, Persimmon, Redrow, Rentokil, Rio, RBS, SDL, Sports Direct, Stagecoach, Talvivaara, Tate, Trinity Mirror, WH Smith, Xcite

  • London open: Chinese export data lifts stocks

    Monday 15 Oct 2012

    Stocks gain as Chinese exports beat forecasts; EU summit in focus; Goldman downgrades several UK-listed miners.

  • AVEVA on track in first half

    Friday 12 Oct 2012

    AVEVA, the engineering data and IT systems group, said it has made 'good progress' in the first half, seeing solid revenue growth despite the impact of adverse foreign exchange rate movements.

  • FTSE 250 movers: SDL sinks on tech slowdown

    Friday 12 Oct 2012

    Information management firm SDL fell after saying that first-half trends had continued into the third quarter: services sales are strong but technology revenues continue to be 'suppressed'.

  • FX round-up: US Jobless claims claims drop to lowest levels in 4 years

    Thursday 11 Oct 2012

    The US dollar dropped on Thursday, as risk assets bounced back after the losses seen in the last few trading sessions.

  • Tullow farms in to Tooq licence off coast of Greenland

    Thursday 11 Oct 2012

    Irish oil titan Tullow Oil is to take a stake in Block 9 (Tooq licence), Baffin Bay, north-western Greenland, which is operated by Maersk Oil.

  • London pre-open: FTSE to start the day in negative territory

    Thursday 11 Oct 2012

    City sources predict the FTSE 100 will open down 10 points from yesterday's close of 5,830, as worries over the Eurozone persist and reflecting the mixed results seen in the US on Thursday.

  • London midday: Bumi booming on back of buy-out proposal

    Wednesday 10 Oct 2012

    London enjoyed a solid morning sparked by a return to favour of stock market darling Burberry, the luxury fashion chain.

  • FTSE 250 movers: Imagination Technologies leads fallers

    Wednesday 10 Oct 2012

    Imagination Technologies was leading fallers, with some market chatter attributing the losses to a negative note out on the company from analysts at Credit Suisse. They pointed out that, 'momentum looks negative: Of Imagination’s four key customers, Samsung this year moved to ARM graphics, Texas Instruments is exiting the wireless business, and Mediatek could, in our view, try ARM graphics in its

  • Commodities: Oil barely changed

    Wednesday 10 Oct 2012

    Crude oil futures settled almost flat on Monday, after spending most of the day in the red, as traders fretted about weak oil demand.

  • Balfour Beatty making it big in USA

    Wednesday 10 Oct 2012

    Balfour Beatty, the global infrastructure group, said it was on track to capture a 10 per cent share of its target US water and wastewater market by 2020 after winning an 80m pound contract.

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