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GB Group finance director adds 24,000 shares after in-line results

GB Group finance director adds 24,000 shares after in-line results

Mon, 24 November 2014

The finance and operations director of GB Group has acquired 24,000 shares in the identity intelligence solutions firm following the release of an upbeat half-year report. Dave Wilson bought the stock... [more]

Synergies from Aviva-Friends Life deal could be 'substantial', says The Share Centre

Synergies from Aviva-Friends Life deal could be 'substantial', says The Share Centre

Mon, 24 November 2014

The proposed tie-up between insurance groups Aviva and Friends Life Group could create "substantial synergies", according to The Share Centre, details of which still remain unknown. The companies anno... [more]

Tuesday preview: US economic data in focus with GDP and consumer confidence

Tuesday preview: US economic data in focus with GDP and consumer confidence

Mon, 24 November 2014

The market will on Tuesday have its eye on US data, including gross domestic product (GDP) and consumer confidence, to monitor the health of the world's biggest economy. US GDP is forecast to rise by ... [more]

Sector movers: Petrofac profit warning sinks oil services stocks, OPEC meeting eyed

Sector movers: Petrofac profit warning sinks oil services stocks, OPEC meeting eyed

Mon, 24 November 2014

A profit warning from blue-chip oilfield services group Petrofac rattled the oil services, equipment and distribution sector in London on Monday, with stocks falling by an average 10%. There was nervo... [more]

Broker tips: LSE, Hargreaves Lansdown, British Land, Friends Life

Broker tips: LSE, Hargreaves Lansdown, British Land, Friends Life

Mon, 24 November 2014

Financial services group London Stock Exchange's steady earnings growth, in an environment where most of its peers have suffered earnings downgrades, has seen its stock significantly outperform its pe... [more]

Hargreaves Lansdown shares drop as Citi downgrades to 'sell'

Mon, 24 November 2014

After upgrading their rating on Hargreaves Lansdown just last month, analysts at Citigroup have cut the stock from 'neutral' to 'sell' following the recent run in the share price. "We upgraded from 's... [more]

Liberum downgrades British Land to 'hold'

Mon, 24 November 2014

Lower UK bond, or Gilt, yields have prompted broker Liberum to lift its net asset value (NAV) forecasts for UK property groups British Land and Land Securities. "In our view, the UK real estate cycle ... [more]

Monday broker round-up

Mon, 24 November 2014

Avingtrans: FinnCap cuts target price from 155p to 130p, downgrading to 'hold'. Numis downgrades to 'hold' with a target price of 145p. Aviva: Panmure Gordon reduces target price from 585p to 505p and... [more]

Market overview: M&A speculation lends a hand to Footsie

Mon, 24 November 2014

1630:Close UK Stocks ended the session in the blue, propped up by a spate of M&A speculation and news spanning various sectors, including telecommunications (BT Group), orthopaedics (Smith&Nephew) and... [more]

Aviva paying 'good price' for Friends Life, says Canaccord Genuity

Mon, 24 November 2014

Canaccord Genuity has lifted its target price for insurance firm Friends Life from 340p to 400p and repeated its 'buy' call, saying that the £5.6bn takeover offer from rival Aviva is a "good price" fo... [more]

Monday newspaper round-up: Aviva, Iran, AIM

Mon, 24 November 2014

An estimated 2,000 insurance jobs are likely to be axed as Aviva tries to placate scepticism about its bid for Friends Life. While some analysts hailed the £5.6bn deal announced on Friday evening as g... [more]

Sunday newspaper round-up: Aviva-Friends Life, Coutts, Quindell

Sun, 23 November 2014

Clive Cowdery, whose Resolution acquisition vehicle bought Friends Provident in 2009, will make about £160m from Aviva's takeover of Friends Life, the Sunday Times said. The roles of chairman, chief e... [more]

Sunday share tips: Centrica, Concha, UDG Healthcare

Sun, 23 November 2014

Investors should avoid Centrica shares, Questor advised in the Sunday Telegraph. The British Gas owner has been hit by political uncertainty following Labour leader Ed Miliband's pledge to freeze ener... [more]

Trifast execs make tidy sum through share option sale

Fri, 21 November 2014

The chairman and boss of fastenings group Trifast have both raised £1.08m each after selling shares issued under the company's 2009 share option plan. Executive chairman Malcolm Diamond and chief exec... [more]

Sector movers: Mining stocks rally on Chinese stimulus, but defensives fall

Fri, 21 November 2014

A surprise interest-rate cut in China saw equity markets surge on Friday with cyclical mining stocks benefiting and defensive stocks feeling the brunt from an increase in risk appetite. Cyclical secto... [more]

Friday tips round-up: Centrica, Babcock

Fri, 21 November 2014

There are far too many sources of uncertainty around integrated energy company Centrica right now. The company's businesses have been hit by warm weather and declining oil and gas prices. An improveme... [more]

Broker tips: Easyjet, Serco, Oil stocks

Fri, 21 November 2014

Broker Liberum has lifted its target price for budget airline Easyjet from 1,650p to 1,725p and repeated its 'buy' recommendation, hailing the company's effort to adapt to an "inflationary world". Ana... [more]

Liberum lifts Easyjet target, reiterates 'buy'

Fri, 21 November 2014

Broker Liberum has lifted its target price for budget airline Easyjet from 1,650p to 1,725p and repeated its 'buy' recommendation, hailing the company's efforts to adapt to an "inflationary world". An... [more]

Credit Suisse downgrades Serco to 'underperform', slashes target price

Fri, 21 November 2014

Credit Suisse has lowered its rating for UK outsourcing group Serco from 'neutral' to 'underperform' and more than halved its target price for the stock, saying that the shares are "too expensive". Th... [more]

Westhouse highlights attractive oil stocks that can weather crude-price falls

Fri, 21 November 2014

Westhouse Securities has called for investors in the oil and gas sector to be a "bit more patient" with oil prices currently rumbling along at multi-year lows, as it highlighted buying opportunities i... [more]

Friday broker round-up

Fri, 21 November 2014

Afren: Westhouse cuts target price from 110p to 90p and retains its 'neutral' rating. Amlin: Deutsche Bank cuts target price from 461p to 429p, downgrading to 'sell'. BAE Systems: UBS ups target pric... [more]

Market overview: Miners lead gains after PBoC rate cut

Fri, 21 November 2014

1630:Close Mining stocks were firmly higher after the PBoC surprised markets with a rate cut. That was backed up by very dovish remarks from ECB president Mario Draghi. Tullow Oil also bounced back al... [more]

Thursday tips round-up: Enterprise Inns, Punch Taverns, ICAP

Thu, 20 November 2014

Change is good, but not quite what UK MPs have in mind. Their vote in favour of ending the so-called 'beer-tie' is a great idea. In effect, it will allow large pub operators to purchase their beer fro... [more]

Friday preview: ECB's Draghi speaks in Frankfurt amid QE speculation

Thu, 20 November 2014

European Central Bank (ECB) President Mario Draghi will speak in Frankfurt on Friday after saying he was open to government bond-buying to boost the weak Eurozone economy. Draghi on Monday cited the g... [more]

To dips in at Hutchinson China-Meditech

Thu, 20 November 2014

Since falling below 40p in the height of the financial crisis, shares in Hutchison China MediTech (Hutchison Chi-Med) have climbed and climbed and climbed more than 3,000% but executive chairman Simon... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Friends Life Group Limited 368.20 5.90 17:09
Smith & Nephew 1,142.00 4.40 17:09
BT Group 394.50 3.71 17:08
London Stock Exchange Group 2,172.00 3.28 17:00
Carnival 2,664.00 1.80 17:10

FTSE 100 Top Fallers

Name Last Chg.% Time
Petrofac Ltd. 877.50 -26.45 17:10
Aviva 510.00 -5.38 17:10
Hargreaves Lansdown 958.50 -5.29 17:02
Sainsbury (J) 252.30 -2.85 17:10
BHP Billiton 1,621.00 -2.47 17:15