Editor's Picks

Filter by:

  • Market overview: BAE rockets 10% on possible combination with EADS

    Wednesday 12 Sep 2012

    1553: Shares of aerospace manufacturer BAE Systems are rocketing higher by 10% on reports that a possible 'combination' with EADS is being studied. Randgold Resources, on the other hand, is drifting towards the bottom of the pile, possibly weighed down by the negative political news-flow coming out of South Africa. Julius Malema has called for a nation-wide strike against the mining sector, the

  • Broker snap: Wolseley sinks after UBS downgrade

    Wednesday 12 Sep 2012

    UBS has cut its recommendation for plumbing and heating products group Wolseley from 'buy' to 'neutral', saying that it is pausing for breath following a strong performance in 2012 so far.

  • Broker snap: Seymour Pierce downgrades Kingfisher to 'sell'

    Wednesday 12 Sep 2012

    Seymour Pierce has downgraded its rating for B and Q owner Kingfisher from 'hold' to 'sell' and trimmed its target price from 290p to 240p following the group's first-half results which were significantly affected by the weather and foreign exchange losses.

  • London open: Stocks cut losses slightly after German decision

    Wednesday 12 Sep 2012

    Germany expected to announce ruling on ESM soon; major events still to come this week; China's Wen confirms GDP growth.

  • Germany sees yields rise at five-year bond auction

    Wednesday 12 Sep 2012

    Germany has tapped the sovereign debt market for 3.972bn euros with an issuance of five-year bonds, but the Treasury had to pay higher financing costs.

  • Broker snap: Seymour Pierce downgrades Kingfisher to 'sell'

    Wednesday 12 Sep 2012

    Seymour Pierce has downgraded its rating for B and Q owner Kingfisher from 'hold' to 'sell' and trimmed its target price from 290p to 240p following the group's first-half results which were significantly affected by the weather and foreign exchange losses.

  • Vodafone special dividend could be delayed

    Tuesday 11 Sep 2012

    Investors in Vodafone Group who may be waiting for Verizon Communication to approve a dividend from their US mobile-phone venture will have to hold out longer, according to two people with knowledge of the matter, Bloomberg is reporting.

  • FTSE 100 movers: Burberry falls after warning on trading conditions

    Tuesday 11 Sep 2012

    British fashion house Burberry plummeted in the opening hour and has remained firmly in the bottom spot after warning that trading conditions were becoming more challenging with like-for-like sales flat in the second quarter. The firm said that ahead of the key retail trading period in the second half, it expected pre-tax profits for the year to March 31st 2013 to be at the lower end of market

  • FTSE 100 movers: Burberry falls after warning on trading conditions

    Tuesday 11 Sep 2012

    British fashion house Burberry plummeted in the opening hour and has remained firmly in the bottom spot after warning that trading conditions were becoming more challenging with like-for-like sales flat in the second quarter. The firm said that ahead of the key retail trading period in the second half, it expected pre-tax profits for the year to March 31st 2013 to be at the lower end of market

  • Barratt Developments to resume divis in 2013

    Tuesday 11 Sep 2012

    The description of house builder Barratt Developments as 'debt-laden' is set to become a thing of the past after a bumper year which saw profits saw and net debt almost halved.

  • Luxury goods firms hit after Burberry warning

    Tuesday 11 Sep 2012

    Expensive trench coats or jumpers of the finest merino wool were not enough to protect investors from the cold wind that swept through luxury goods markets on Tuesday after Burberry issued a profit warning.

  • London midday: New MPC appointee open to more QE?

    Tuesday 11 Sep 2012

    Markets await German ruling on ESM, FOMC meeting; Burberry sinks after full-year guidance; miners provide a drag.

  • Broker tips: Burberry, G4S, ARM

    Tuesday 11 Sep 2012

    Both Nomura and Seymour Pierce downgraded their ratings for British luxury brand Burberry on Tuesday morning after the company warned about a sales slowdown in the second quarter.

  • Supergroup Q1 sales rise

    Tuesday 11 Sep 2012

    Supergroup, owner of the Superdry fashion brand, said total group sales increased 10 per cent in the first quarter, and while trading conditions remain volatile, it is confident of meeting its financial objectives.

  • Broker snap: Seymour Pierce, Nomura take down Burberry

    Tuesday 11 Sep 2012

    Both Nomura and Seymour Pierce downgraded their ratings for British luxury brand Burberry on Tuesday morning after the company warned about a sales slowdown in the second quarter.

  • Broker snap: Seymour Pierce, Nomura take down Burberry

    Tuesday 11 Sep 2012

    Both Nomura and Seymour Pierce downgraded their ratings for British luxury brand Burberry on Tuesday morning after the company warned about a sales slowdown in the second quarter.

  • Commodities: Crude rises ahead of Fed

    Tuesday 11 Sep 2012

    Crude oil prices rose for the fifth consecutive session on Tuesday as traders gear up for a key Federal Reserve meeting.

  • Wednesday newspaper round-up: Insurance companies, Fed, Xstrata

    Tuesday 11 Sep 2012

    Insurance companies risk being caught up in the regulatory crackdown caused by the rash of recent banking scandals, according to Richard Ward, chief executive of Lloyd’s of London. Mr Ward said insurers were struggling with the “fallout” from moves by regulators to put in place rules to prevent new scandals. “You have the Libor scandal, all the stuff with Standard [Chartered] in the US – that

  • Tuesday tips round-up: Tesco, Dixons, Petra Diamonds

    Tuesday 11 Sep 2012

    The Independent's Investment View column recommended to 'steer clear' of supermarket giant Tesco on Tuesday morning ahead of its half-year results on October 3rd. The paper says that the results 'will not be pretty' with the focus likely to be on the UK business which accounts for around three-fifths of total operating profit and sales - this division seems to be recovering after a period of

  • German Constitutional Court will not delay its decision

    Monday 10 Sep 2012

    A last minute interjection by Peter Gauweiler, a member of Angela Merkel´s own coalition, threatened to derail what seemed to be the likely approval of the new Eurozone rescue fund, the so-called European Stability Mechanism (ESM), by Germany´s Constitutional Court, tomorrow.

Top of Page