Wednesday 15 Jan 2014
LFL sales flat in 2013; Profit guidance in line with estimates.
Wednesday 15 Jan 2014
The investment case for Anglo American is improving after the stock's recent weakness, according to UBS on Wednesday, which upgraded the diversified mining firm from 'neutral' to 'buy'.
Wednesday 15 Jan 2014
Mining stocks were performing well after Citigroup lifted its stance on the sector from 'neutral' to 'bullish', representing its first positive outlook for the industry in three years.
Tuesday 14 Jan 2014
UBS has named food ingredients and retail firm Associated British Foods as its 'Key Call', as it hiked its target price for the stock from 2,430p to 2,890p following last week's first-quarter update.
Monday 13 Jan 2014
Decent gains from AstraZeneca and Shire gave the pharmaceuticals sector a boost on Tuesday as both firms gave confident outlooks.
Monday 13 Jan 2014
- FTSE to open 16 points higher
Monday 13 Jan 2014
FTSE 100 closes at highest since November 4th; Morrison gains on property sales rumours; Banks celebrate eased Basel rules; US Q4 earnings season in focus ahead of busy week.
Monday 13 Jan 2014
Banks rise as Basel eases capital rules; US earnings in focus this week; AMEC offers 1.9bn pounds for Foster Wheeler; US activist investors looking at Morrison, reports say.
Monday 13 Jan 2014
Oil and gas fracking in the UK will receive a major boost on Monday when Prime Minister David Cameron says that local communities will be allowed to keep millions of pounds of tax generated by the industry. The announcement comes after it emerged that French energy giant Total will become the first oil and gas major to back UK fracking, a move that could be a catalyst for the sector. Total is
Monday 13 Jan 2014
Oil and gas fracking in the UK will receive a major boost on Monday when Prime Minister David Cameron says that local communities will be allowed to keep millions of pounds of tax generated by the industry. The announcement comes after it emerged that French energy giant Total will become the first oil and gas major to back UK fracking, a move that could be a catalyst for the sector. Total is
Monday 13 Jan 2014
Credit Suisse has upgraded its rating for Standard Life from 'neutral' to 'outperform' as part of its review into the European insurance sector.
Monday 13 Jan 2014
Fund manager Jupiter is looking at a possible sale of its wealth management business, estimated to be worth around 50m pounds, according to weekend press reports.
Monday 13 Jan 2014
Revenues and profits improved in 2013; Company to book 730m dollars in write-offs; 2014 production guidance below expectations; Kenya update points to upside potential.
Monday 13 Jan 2014
The public’s conversion to online Christmas shopping is likely to have served Royal Mail well, the Sunday Times’s Danny Fortson wrote. Fortson, in his Inside the City column, said sales growth at online fashion retailer Asos showed the potential size of the market for online shopping. Royal Mail publishes a trading statement on January 24th that will reveal its Christmas trading performance. An
Monday 13 Jan 2014
City sources predict the FTSE 100 will open 13 points higher than Friday's close of 6,739.94, as investors weigh up last week's US jobs data and a mixed performance by Asia stocks overnight.
Friday 10 Jan 2014
Morrisons aims to return up to 800m pounds to investors by selling real estate, the Sunday Times said. The supermarket chain’s property holdings are worth 9bn pounds and it owns 90 per cent of the portfolio. Big shareholders think Morrisons could cut its freehold ratio to 80 per cent and stay overwhelmingly an owner of its own sites. The planned sale is designed to assuage investors angry at
Friday 10 Jan 2014
US non-farm payrolls increased by 74,000 in December, according to the Bureau of Labor Statistics (BLS).
Friday 10 Jan 2014
Hold on to shares in Majestic Wine, the Sunday Telegraph’s Questor column advised. The wine merchant had a good Christmas but in the year to date underlying sales have increased by just 0.8 per cent. The dividend is forecast to grow by 10 per cent in each of the next two years but, though they fell 6 per cent last week, the shares look an expensive buy at 18 times' forecast earnings.
Friday 10 Jan 2014
Home shopping firm N Brown jumped after Oriel Securities reiterated its 'buy' rating on the stock.
Friday 10 Jan 2014
2014 could initially be 'another difficult period' for the UK mining sector, according to analysts at Barclays, who maintained their 'negative' view on the industry on Friday.
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