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Sector movers: Banking stocks surge on leverage ratio rules, RBS results

Sector movers: Banking stocks surge on leverage ratio rules, RBS results

Fri, 31 October 2014

Banking stocks, already bolstered by stronger-than-expected quarterly results from RBS, received another big lift on Friday afternoon as the Bank of England unveiled softer-than-expected requirements ... [more]

Broker tips: RBS, St James's Place, Supergroup, Henderson

Broker tips: RBS, St James's Place, Supergroup, Henderson

Fri, 31 October 2014

Third-quarter profits from RBS were well-received by the stock market in London on Friday, though brokers remained divided over how to recommend the stock to investors. Analysts warned that, despite t... [more]

Citigroup upgrades Henderson to 'buy', sees good entry point

Citigroup upgrades Henderson to 'buy', sees good entry point

Fri, 31 October 2014

Citigroup has highlighted an "attractive entry price" for potential investors of investment management firm Henderson Group, as it upgraded its rating on the stock from 'neutral' to 'buy'. Henderson s... [more]

St James's Place shares rise as Barclays names stock as top pick

St James's Place shares rise as Barclays names stock as top pick

Fri, 31 October 2014

St James's Place's (SJP) share price was extending gains on Friday after a strong third-quarter update the previous session, with Barclays Capital providing a boost after naming the wealth manager as ... [more]

Friday tips round-up: National Express, Aviva

Friday tips round-up: National Express, Aviva

Fri, 31 October 2014

National Express seems to be on a firm footing, with a sound base from which to expand into new territories. Nevertheless, the company's chief executive, Mr. Finch, has experienced some setbacks of la... [more]

Full-price strategy has to change at Supergroup, says Oriel Securities

Fri, 31 October 2014

The market had factored in some bad news ahead of Supergroup's profit warning on Friday, "but the quantum of the downgrade is greater than feared", according to Oriel Securities. The broker retained i... [more]

Standard Chartered's Byron Grote shows faith after shares slide

Fri, 31 October 2014

Standard Chartered non-executive director Byron Grote gave a show of support for the financial services group after its share price slumped. The director purchased 10,000 at 952.30p apiece, spending a... [more]

Friday broker round-up UPDATE

Fri, 31 October 2014

Afren: Deutsche Bank lowers target price from 110p to 105p, leaving its hold recommendation unaltered. Aviva: Barclays ups target price from 397p to 420p and reiterates its equal-weight rating. Barcl... [more]

RBS making progress, but analysts raise concerns about future costs

Fri, 31 October 2014

Third-quarter results from RBS were well-received by the stock market in London on Friday with shares rising strongly after better-than-expected profits and an improved balance sheet, though brokers ... [more]

Market overview: Sharp rise in bank stocks after FPC leverage ratios announcement

Fri, 31 October 2014

1630:Close Stocks ended the week with a sharp rise after the Bank of Japan sprang a surprise on unsuspecting markets, although speculation regarding the possibility of such a move had been building up... [more]

London close: FTSE ends session with modest gains

Thu, 30 October 2014

The top tier closed slightly higher on Thursday, as a strong performance by Smith & Nephew was offset by losses amongst the mining sector. The FTSE 100 ended the day 9.68 points higher than on the pre... [more]

Friday preview: Investors look ahead to RBS, WPP, Eurozone inflation, US data

Thu, 30 October 2014

Royal Bank of Scotland (RBS) results, Eurozone inflation and US data on both personal spending and consumer confidence will be high on Friday's agenda. Kicking off the day, RBS is expected to report a... [more]

Wandisco CFO sells shares post-exercise

Thu, 30 October 2014

In a quiet day for deals, chief financial officer of Wandisco, Paul Harrison, has sold 68,463 of the 138,784 shares which he received following their exercise. The disposal was made to fund the tax li... [more]

Sector movers: Mining, oil stocks track commodities lower as dollar gains

Thu, 30 October 2014

Mining and oil stocks took a hit on Thursday as a hawkish statement by the Federal Reserve and better-than-expected US growth bolstered the dollar and dampened commodity prices. Gold dropped to its lo... [more]

Broker tips: Shell, Barclays, British Land, St James's Place

Thu, 30 October 2014

Broker Charles Stanley has lifted its recommendation for Royal Dutch Shell from 'accumulate' to 'buy', saying that the company should be resilient to the recent slump in oil prices. The broker said Sh... [more]

St James's Place shares offer 'growth for free' says Berenberg

Thu, 30 October 2014

Wealth manager St James's Place (SJP) has delivered "yet another strong quarter", according to Berenberg which repeated its positive stance on the stock on Thursday. The broker, which kept a 'buy' rat... [more]

Charles Stanley upgrades Shell to 'buy' despite oil-price fall

Thu, 30 October 2014

Broker Charles Stanley has lifted its recommendation for Royal Dutch Shell from 'accumulate' to 'buy', saying that the company should be resilient to the recent slump in oil prices. The broker said Sh... [more]

British Land agrees record City rent for Cheesegrater, 'buy' says Liberum

Thu, 30 October 2014

Broker Liberum reiterated its 'buy' recommendation for British Land after reports the company let one floor of the 'Cheesegrater' building in London's Leadenhall Street for a record amount. British La... [more]

Market overview: Miners follow gold lower, StanChart drops

Thu, 30 October 2014

1630:Close As is often the case, the last hour of trading in New York tends to provide reliable signals as to the direction of trading on the next day. That was the case on Wednesday; in the last 60 m... [more]

'Buy' Barclays after Q3 profit beat, recommends Shore Capital

Thu, 30 October 2014

Shore Capital has retained its 'buy' rating on shares of Barclays after the UK bank reported third-quarter profits well ahead of the broker's forecasts. Shore analyst Gary Greenwood said that the stoc... [more]

Thursday tips round-up: Standard Life, Next

Thu, 30 October 2014

Standard Life has a lot on its plate, but it also has attractive prospects. To start off with, Standard Life now manages £290bn on behalf of savers and investors which it then directs into equities an... [more]

Thursday broker round-up UPDATE

Thu, 30 October 2014

Afren: Deutsche Bank cuts target price from 130p to 110p retaining its hold recommendation. Antofagasta: JP Morgan lowers target price from 760p to 755p and reiterates a neutral rating. Investec lower... [more]

Wednesday tips round-up: BG Group, Synthomer

Wed, 29 October 2014

While BG Group waits for its new chief executive, Chris Finlayson, to arrive next spring the company's financials are heading in the wrong direction. A case in point, underlying earnings for the third... [more]

Alternative Networks chief sells nearly £1.5m-worth of shares

Wed, 29 October 2014

Communications group Alternative Networks announced on Wednesday that the previous day its chief executive officer had sold nearly £1.5m-worth of shares in the group. Edward Spurrier first sold 3.47m ... [more]

Broker tips: Intertek, Next, StanChart

Wed, 29 October 2014

JP Morgan on Wednesday analysts Robert Plant, Chris Gallagher and Jolyon Wellington reiterated their 'overweight' recommendation on shares of testing services firm Intertek. That followed a meeting wi... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Barclays 240.80 8.20 16:59
Royal Bank of Scotland Group 388.00 6.21 17:03
International Consolidated Airlines Group SA (CDI) 409.20 4.74 16:48
St James's Place 742.50 4.56 16:59
ARM Holdings 875.00 4.35 16:59

FTSE 100 Top Fallers

Name Last Chg.% Time
Randgold Resources Ltd. 3,678.00 -2.67 17:01
Fresnillo 695.00 -2.65 17:09
Direct Line Insurance Group 275.70 -1.95 17:01
TUI Travel 398.60 -0.55 17:01
Morrison (Wm) Supermarkets 154.80 -0.51 17:09