Editor's Picks
London midday: Stocks gain as Germany approves Greek aid
Friday 30 Nov 2012
Germany approves Greek aid; Eurozone jobless rate at record-high; stocks rally but trade within narrow range.
Week ahead: BP, Stagecoach, Caretech
Friday 30 Nov 2012
Although December tends to be one of the best months of the year for stocks next week’s calendar comes replete with potentially market moving events and at least one potential ‘tipping point, ’ which markets will need to be navigated.
Broker snap: UBS downgrades Kingfisher to 'neutral'
Friday 30 Nov 2012
UBS has lowered its rating for B&Q and Screwfix owner Kingfisher from 'buy' to 'neutral' and reduced its target price from 300p to 290p, citing near-term risks.
Commodities: Crude rises despite 'fiscal cliff' stalemate
Friday 30 Nov 2012
Crude oil futures rose on Friday as investors kept a close eye on the latest negotiations on the 'fiscal cliff'.
Victoria Oil&Gas flags potential to double clients over the next year
Friday 30 Nov 2012
AIM listed oil and gas exploration outfit Victoria Oil&Gas on Friday morning raised its production guidance for thermal energy provision by the end of the year and flagged the potential to double its contracted numbers over the next twelve months.
Friday tips round-up: Invensys, Shaftesbury and Pennon
Friday 30 Nov 2012
Tempus in The Times writes that long-suffering shareholders in Invensys will be celebrating the near-100p rise in the shares, up another 25p to 305p last night, since the company announced the £1.7bn sale of its rail communications business.
London open: Stocks unchanged on 'fiscal cliff' developments
Friday 30 Nov 2012
The FTSE 100 opened flat on Friday morning as investors showed caution following some mixed comments from US politicians regarding the 'fiscal cliff'.
London close: Miners surge on US hopes
Thursday 29 Nov 2012
US GDP and housing data boosts stocks; 'fiscal cliff' concerns ease after politicians' comments; mining stocks rise on demand hopes.
Sector movers: Wood Group drags oil services lower after share sale
Thursday 29 Nov 2012
Wood Group was under heavy selling pressure on Thursday afternoon, providing a drag on the oil equipment, services and distribution sector.
Broker snap: StanChart nearing Iran settlement, Investec says 'buy'
Thursday 29 Nov 2012
Investec has reiterated its 'buy' rating and 1,800p target price for emerging markets bank Standard Chartered on the back of reports that the lender is close to a settlement over the 'Irangate' saga.
Commodities: Crude and gold pare recent losses
Thursday 29 Nov 2012
Crude oil futures rose on Thursday, following three days in negative territory, as investors grew in confidence over the US's ability to overcome the looming 'fiscal cliff'.
Broker snap: Nomura hikes Invensys target after rail disposal
Thursday 29 Nov 2012
Nomura has raised its target price for technology group Invensys from 330p to 370p, saying that last night's proposed disposal of its rail division 'crystallises value and warrants a re-rating'.
fastjet gets off to a flying start
Thursday 29 Nov 2012
African low-cost airline fastjet carried more than 900 paying passengers of its first day of commercial flight operations yesterday, achieving an average booked load factor (a measure of how full planes are) each of 78 per cent.
William Hill closer to buying out Playtech
Thursday 29 Nov 2012
William Hill came a step closer to buying out its online joint venture partner Playtech after formally triggering a valuation process for William Hill Online.
London open: Stocks gain on US budget hopes
Thursday 29 Nov 2012
UK equities opened strongly on Thursday morning with mining stocks leading the risers on the back of optimism that US policy-makers will eventually agree on a deal to avert the 'fiscal cliff'.
Invensys rockets on rail disposal and cash return
Wednesday 28 Nov 2012
Shares in technology group Invensys rocketed on Wednesday afternoon after the firm announced that it is to sell its rail division to Siemens, pay down its pension deficit and return a ton of cash to shareholders.
Thursday tips round-up: Interserve, Electra Private Equity, IMI
Wednesday 28 Nov 2012
On the same day that Marks & Spencer announced an agreement with the trustees of its pension fund on how to pay off the deficit, the outsourcing specialist Interserve found a more innovative solution to the same problem. The company has transferred the rest of its portfolio of PFI assets, comprising its remaining stake in University College London Hospital and other public sector projects it was
SThree expects in line profits despite increasingly difficult backdrop -UPDATE
Wednesday 28 Nov 2012
Broker comment added
FX round-up: Dollar dips on US budget talks optimism
Wednesday 28 Nov 2012
The dollar lost ground against most major currencies on Wednesday, as investors grew more optimistic that a deal could be struck to avoid the US fiscal cliff.
Broker snap: Compass exuding confidence, says Jefferies
Wednesday 28 Nov 2012
Jefferies has upgraded its rating for contract caterer Compass Group from 'underperform' to 'hold', saying that last week's full-year results offset some concerns.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN