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UBS upgrades Dunelm as it eyes growth from foray into furniture

UBS upgrades Dunelm as it eyes growth from foray into furniture

Fri, 28 August 2015

(ShareCast News) - Analysts for UBS have upgraded its rating for homeware retailer Dunelm to 'buy' from 'neutral,' and said its push beyond homeware into furniture would bring growth. Shares in Dunelm... [more]

Sector Movers: Mining, oil stocks remain on recovery run

Sector Movers: Mining, oil stocks remain on recovery run

Fri, 28 August 2015

(ShareCast News) - Mining, metals, oilfield services and oil and gas stocks continued their recovery run on Friday as the UK bank holiday weekend approached. Just ahead of the close, the FTSE 100 was ... [more]

Go-Ahead slides after JPMorgan downgrade

Go-Ahead slides after JPMorgan downgrade

Fri, 28 August 2015

(ShareCast News) - Go-Ahead slumped after JPMorgan Cazenove downgraded the stock and cut its price target to 2,768p from 2,879p. "We continue to believe that Go-Ahead is well positioned over the long ... [more]

Broker tips: Next, Debenhams, Daily Mail and General Trust

Broker tips: Next, Debenhams, Daily Mail and General Trust

Fri, 28 August 2015

(ShareCast News) - Next has been downgraded by Credit Suisse to an 'underperform' rating from a prior 'neutral' as the clothes retailer's "routes to growth are slowing". Credit Suisse said it was incr... [more]

Friday tips round up: BAE Systems, Wanda

Friday tips round up: BAE Systems, Wanda

Fri, 28 August 2015

(ShareCast News) - The Telegraph's Questor said it was a good time to buy shares in BAE Systems, after the share price dipped earlier this week The defence group missed out on a $6.8bn contract to bui... [more]

Equity strategists turn more positive as investors throw in the towel

Fri, 28 August 2015

(ShareCast News) - Equity investors threw in the towel last Tuesday, a possible signal that the worst of the recent spate of selling was now over, according to strategists at Bank of America-Merrill L... [more]

Next downgraded by Credit Suisse on minimum wage concerns

Fri, 28 August 2015

(ShareCast News) - Next has been downgraded by Credit Suisse to an 'underperform' rating from a prior 'neutral' as the clothes retailer's "routes to growth are slowing". Credit Suisse said it was incr... [more]

Debenhams slumps on UBS downgrade

Fri, 28 August 2015

(ShareCast News) - Shares in retailer Debenhams were under pressure after UBS downgraded the stock to 'sell' from 'neutral' and cut its price target to 70p from 90p. The Swiss bank said its 'Evidence ... [more]

Daily Mail boosted by Citigroup upgrade to 'buy'

Fri, 28 August 2015

(ShareCast News) - Daily Mail & General Trust got a boost on Friday after Citigroup upgraded the stock to 'buy' from 'neutral' and raised the price target to 980p from 900p, saying the risk/reward bal... [more]

Credit Suisse remains constructive on European equities

Fri, 28 August 2015

(ShareCast News) - Credit Suisse cut its targets for the S&P 500 and the Euro Stoxx 50 but said it remains constructive on European equities, which it maintained at 'overweight'. In its latest global ... [more]

Market overview: FTSE closes higher for positive week

Fri, 28 August 2015

(ShareCast News) - 1650: The FTSE 100 and 250 indices are ending the week in positive territory, meaning all the drama inspired by China's 'Black Monday' has in some ways been erased, with London's la... [more]

Friday newspaper round-up: Tesco, First-time buyers, consumer confidence

Fri, 28 August 2015

(ShareCast News) - The ousted chief executive of Tesco is to be interviewed by the Serious Fraud Office over the supermarket group's £326m accounting scandal. Philip Clarke, who left Tesco last year a... [more]

GSK's Slaoui buys 5,060 shares at 1,256.18p each

Thu, 27 August 2015

(ShareCast News) - GlaxoSmithKline's chairman of vaccines has purchased a £63,563 stake in the pharmaceutical giant. Dr Moncef Slaoui, who has been responsible for the vaccines business through its in... [more]

Sector Movers: Miners, oil stocks get breathing room as commodities recover

Thu, 27 August 2015

(ShareCast News) - Uptick in mining, metals and oil and gas stocks pulled the London market higher on Thursday, as China's stimulus and positive US data lifted sentiment. The FTSE 100 was up 3.56% or ... [more]

Broker tips: Petrofac, Betfair, WPP

Thu, 27 August 2015

(ShareCast News) - Petrofac was given a shot in the arm by Societe Generale on Thursday, as the bank upgraded its stance on the stock to 'buy' from 'hold'. "We are taking advantage of yesterday's anno... [more]

Investec reluctantly downgrades OneSavings Bank

Thu, 27 August 2015

(ShareCast News) - Investec said while it was a 'firm believer' in the long-term OneSavings Bank growth story, it "reluctantly" cut its rating to 'hold' from 'buy'. The South African bank kept its pri... [more]

Berenberg upgrades WPP to 'hold' but anticipates headwinds to growth

Thu, 27 August 2015

(ShareCast News) - Berenberg moved its rating for advertising giant WPP to 'hold' from 'sell' and raised its price target to 1360p from 1325p. The bank said WPP's first half results were operationally... [more]

Exane BNP bumps Betfair up to 'neutral' on merger news

Thu, 27 August 2015

(ShareCast News) - Exane BNP Paribas upgraded Betfair to 'neutral' from 'underperform' following the announcement on Wednesday that it has agreed in principle to the terms of a merger with Paddy Power... [more]

Petrofac surges on Societe Generale upgrade

Thu, 27 August 2015

(ShareCast News) - Petrofac was given a shot in the arm by Societe Generale on Thursday, as the bank upgraded its stance on the stock to 'buy' from 'hold'. "We are taking advantage of yesterday's anno... [more]

Thursday tips round up: WPP, Carillion

Thu, 27 August 2015

(ShareCast News) - While Sir Martin Sorrell's post first half results comment was about China, North America offered a better view of what was driving WPP, the Financial Times' Lex said. The region wa... [more]

Market overview: FTSE ends up 3.56% as China woes recede

Thu, 27 August 2015

(ShareCast News) - 1630 (close): The FTSE 100 ended up 3.56% to 6,192 points as fears on China's slowdown eased after further stimulus from the central bank. The People's Bank of China on Wednesday an... [more]

Thursday newspaper round-up: Barclays, Facebook, China

Thu, 27 August 2015

(ShareCast News) - A district court judge in the US has thrown out investor lawsuits against Barclays and a host of exchanges, dismissing claims that the bank rigged its "dark pool" trading venue in f... [more]

Barclays reinstates IAG at 'overweight', names it top pick in European transport

Wed, 26 August 2015

(ShareCast News) - Barclays reinstated its coverage of International Consolidated Airlines Group at 'overweight' with a 750p price target. The bank said it expects fuel to propel IAG to the top end of... [more]

Google boosted as Goldman Sachs lifts rating and target price

Wed, 26 August 2015

(ShareCast News) - Shares in Google rose over 5% in early morning trading in New York on Wednesday, after analysts at Goldman Sachs lifted their rating on the stock. Citing improved monetisation in mo... [more]

Canaccord upgrades Premier Oil to 'hold' after first half result

Wed, 26 August 2015

(ShareCast News) - Canaccord Genuity upgraded its recommendation for Premier Oil to 'hold' from 'sell' and lifted its price target to 105p from 100p. The brokerage reviewed the oil company's position ... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Activision Blizzard Inc. 29.22 4.62 22:04
Viacom Inc. Class B 40.91 4.23 22:09
Cerner Corp. 63.13 2.75 22:00
Intel Corp. 28.42 2.53 22:00
Tesla Motors Inc 248.48 2.26 22:05

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Autodesk Inc. 47.52 -4.96 22:10
Mylan Inc. 50.37 -2.18 22:03
Tractor Supply Company 85.39 -1.99 22:00
Vimpelcom Ltd Ads 4.64 -1.90 22:10
Yahoo! Inc. 33.14 -1.63 22:09