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Friday tips round-up: LSE, Amec FosterWheeler

Friday tips round-up: LSE, Amec FosterWheeler

Fri, 27 March 2015

The decision by Borse Dubai to get out of its stake in the London Stock Exchange can be put down to profit-taking. The LSE's shares rose 61% since 2007, easily outpacing the 15% rise seen in the FTSE ... [more]

Friday broker round-up

Friday broker round-up

Fri, 27 March 2015

Aviva: Jefferies reiterates buy and ups target to 630p from 608p. RBS: UBS keeps at neutral and trims target to 375p from 386p. ITV: Exane reiterates add and lifts target to 288p from 267p. Wolseley... [more]

Produce Investments chairman buys shares showing confidence

Produce Investments chairman buys shares showing confidence

Fri, 27 March 2015

The chairman of Produce Investments bought some new shares showing confidence in the group after disappointing first half of the year. Barrie Clapham bought 100,000 shares for an individual price of 1... [more]

Sector Movers: FTSE 100 continues slide but REITs, Travel & Leisure stocks lend support

Sector Movers: FTSE 100 continues slide but REITs, Travel & Leisure stocks lend support

Fri, 27 March 2015

The FTSE 100 continued its slide from the 7,000 mark on Friday but real estate, travel and leisure and beverages stocks emerged as top performers to stem the decline. At 16:15 on the FTSE 100 was down... [more]

Broker tips: Shire, Vodafone, Easyjet

Broker tips: Shire, Vodafone, Easyjet

Fri, 27 March 2015

Shire has had its target price lifted by UBS from 5,400p to 6,600p as the Swiss bank highlighted three potential blockbuster products at the pharmaceutical group. A 'buy' rating was maintained. The ba... [more]

Indian spectrum auction a good result for Vodafone, says JP Morgan

Fri, 27 March 2015

JP Morgan Cazenove has maintained an 'overweight' stance on Vodafone after results from an Indian spectrum auction this week came in better than many had expected. "After 19 days, and 115 rounds of bi... [more]

UBS hikes Shire target price on three potential new "blockbuster" drugs

Fri, 27 March 2015

UBS has lifted its target for Shire's share price from 5,400p to 6,600p as the Swiss bank highlighted three potential blockbuster products at the pharmaceutical group. Reiterating its 'buy' recommenda... [more]

RBC upgrades Easyjet on more positive summer outlook

Fri, 27 March 2015

Easyjet's shares were flying higher on Friday after a sharp descent the previous session, with analysts at RBC Capital Markets providing a lift after upgrading their view on the airline from 'sector p... [more]

Market overview: FTSE 100 finishes down 0.6%

Fri, 27 March 2015

1630: Close London's resource-heavy FTSE 100 finished the session down 40.31 points (-0.58%) at 6,855.02 as it continued its retreat from the record closing high of 7,037.67 reached on Monday. A sell-... [more]

Friday newspaper round-up: Greek deadline, Cameron debate, FCA condemned

Fri, 27 March 2015

Greece has rushed to complete a list of economic overhauls to satisfy creditors by Monday, wrote The Wall Street Journal. Polls show that David Cameron won the first televised leader debate against Ed... [more]

Thursday tips round-up: Bellway, CardFactory

Thu, 26 March 2015

There is no sign that housing is cooling off, homebuilder Bellway told investors. Since January its reservations were up by 10%, despite the uncertainty surrounding the upcoming elections. In the late... [more]

Thursday broker round-up

Thu, 26 March 2015

Reckitt Benckiser: JP Morgan ups target price to 2,750p from 2,400p, reiterates underweight. Premier Farnell: UBS hikes target to 190p from 165p, reiterates neutral. Serco Group: Credit Suisse lowers... [more]

Four Persimmon directors sell shares

Thu, 26 March 2015

Several directors at Persimmon sold some of their shares in the housebuilding group. The company said the four directors, including finance director Mike Killoran and chief executive Jeff Fairburn, so... [more]

Broker tips: Easyjet, Antofagasta, Whitbread

Thu, 26 March 2015

Shares in Easyjet and a number of other travel stocks took a hammering on Thursday from the spike in oil prices, though the budget airline did manage to impress analysts with its latest trading update... [more]

Easyjet slides as oil spikes, but Credit Suisse welcomes strong first half

Thu, 26 March 2015

Shares in Easyjet and a number of other travel stocks took a hammering on Thursday from the spike in oil prices, though the budget airline did manage to impress analysts with its latest trading update... [more]

Investec reduces its recommendation on Antofagasta to 'sell'

Thu, 26 March 2015

Chilean-focused miner Antofagasta had its rating chopped to 'sell' from 'hold' on Thursday by Investec Securities who cited the company's stock as "fundamentally overvalued." The broker said that if t... [more]

Take profits at Costa owner Whitbread, recommends Panmure Gordon

Thu, 26 March 2015

Costa coffee and Premier Inn owner Whitbread was out of favour among investors on Thursday, with Panmure Gordon downgrading its rating on the stock from 'hold' to 'sell'. The risks are now too high to... [more]

Market overview: UK gilt yields rise the most in five months on strong data

Thu, 26 March 2015

1534: UK gilt yields on long-dated UK government bonds moved up after a stronger than anticipated retail sales report, which raises expectations of a rate hike by the BoE. Yields on the 10-year UK gov... [more]

Thursday newspaper round-up: Schlumberger, US-ISIS airstrikes, Athens

Thu, 26 March 2015

The world largest oil-field services company Schlumberger has pleaded guilty to violating sanctions in Iran and Sudan so will have to pay $232.7m, according to The Wall Street Journal. The US has laun... [more]

Wednesday tips round-up: Wolseley, Standard Chartered

Wed, 25 March 2015

An improving US economy drove revenues and profits higher at homebuilders' merchant Wolseley over the last half year. The London-listed outfit derived three-quarters of its profits from the States. Si... [more]

Wolseley to achieve double digit growth on strength of US business, says Numis

Wed, 25 March 2015

Wolseley is seeing steady progress in the US business that should enable the plumbing supplies business to achieve double-digit growth over the next few years, according to Numis. Analysts Howard Seym... [more]

Broker tips: Barclays, Next, Wolseley

Wed, 25 March 2015

British bank Barclays had its rating downgraded to 'hold' from 'buy' over at Investec Securities on Wednesday. The broker said the main plank of its investment case for buying Barclays over the past y... [more]

Thursday preview: UK retail sales data, Easyjet reports trading statement

Wed, 25 March 2015

UK retail sales figures on Thursday will be closely watched for signs of how much consumer spending is contributing towards economic growth. Analysts predict the latest data from the Office for Nation... [more]

Sector Movers: Chemicals, oil stocks lead the market while BT props up telcos

Wed, 25 March 2015

Chemicals, oil and gas and oilfield services stocks emerged tops on Wednesday, rising on average 1%. However, the FTSE 100 did slide below its historic 7,000 point mark achieved earlier this week on w... [more]

Barclays downgraded to 'hold' over at Investec Securities

Wed, 25 March 2015

British bank Barclays had its rating downgraded to 'hold' from 'buy' over at Investec Securities on Wednesday. The broker said the main plank of its investment case for buying Barclays over the past y... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Carnival 3,245.00 7.18 17:08
InterContinental Hotels Group 2,640.00 2.76 17:09
Shire Plc 5,425.00 2.17 17:13
SABMiller 3,613.00 1.43 17:12
Compass Group 1,174.00 1.21 17:09

FTSE 100 Top Fallers

Name Last Chg.% Time
Weir Group 1,714.00 -3.55 17:08
Glencore 288.15 -3.05 17:09
Sports Direct International 621.50 -3.04 17:07
Anglo American 1,044.00 -3.02 17:08
Randgold Resources Ltd. 4,756.00 -2.98 17:08