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Market overview: FTSE closes marginally higher despite Ukraine

Market overview: FTSE closes marginally higher despite Ukraine

Mon, 01 September 2014

1630:Close The FTSE rose by 5.56 points to 6,825.31 on Monday, with weak economic data from Europe's manufacturing sector fueling speculation that the ECB will introduce a "quantitative easing" progra... [more]

New SABMiller chairman marks new appointment with purchase of 30,000 shares

New SABMiller chairman marks new appointment with purchase of 30,000 shares

Mon, 01 September 2014

Jan du Plessis, the new chairman designate of drinks giant SABMiller, has celebrated his first day on the job with the purchase of 30,000 shares. Du Plessis, who left Marks & Spencer to take up t... [more]

Tuesday preview: UK construction, US manufacturing in focus

Tuesday preview: UK construction, US manufacturing in focus

Mon, 01 September 2014

On a quiet day for company results, the focus of Tuesday's trading session is likely to be on economic data from the UK and US. The UK construction purchasing managers' index (PMI) for August is sche... [more]

Sector movers: M&A lifts media stocks as Perform and ITV rise

Sector movers: M&A lifts media stocks as Perform and ITV rise

Mon, 01 September 2014

M&A fever was driving media stocks higher on Monday with sports rights owner Perform Group surging and broadcaster ITV on the rise. Perform, which commercialises multimedia sports content across ... [more]

Broker tips: TSB, CSR, Afren

Broker tips: TSB, CSR, Afren

Mon, 01 September 2014

Would-be TSB investors should "keep their powder dry", according to Investec, which rated the Lloyds Banking Group offshoot as a 'hold' with a 290p target price after the stock's recent run. Analyst ... [more]

Oriel stays positive about investment case at scandal-hit Afren

Mon, 01 September 2014

Oriel Securities has kept a 'buy' rating for scandal-hit oil explorer Afren, but has cautioned that the market may not regain confidence in the stock until the findings of an investigation are known. ... [more]

Numis names "multiple" potential bidders for CSR

Mon, 01 September 2014

CSR's share price edged higher on Monday as the stock extended gains made last week after the wireless technology firm received an approach from US outfit Microchip. While the approach was rejected b... [more]

Outlook for TSB more challenging after recent run, says Investec

Mon, 01 September 2014

Would-be TSB investors should "keep their powder dry", according to Investec, which rated the Lloyds Banking Group offshoot as a 'hold' with a 290p target price after the stock's recent run. Analyst ... [more]

Monday newspaper round-up: Barclays, BP, RAC...

Mon, 01 September 2014

Barclays is selling its Spanish banking operations to CaixaBank as part of plans to shrink its European divisions. CaixaBank, Spain's third-largest lender, will pay €800m (£632m) in cash fo... [more]

Sunday share tips: Sainsbury's, Poundland, Hill & Smith

Sun, 31 August 2014

Sell shares of Sainsbury's because the supermarket group's dividend is under threat, Questor said in the Sunday Telegraph. The UK supermarket sector is heading for lower profits and that means Sainsbu... [more]

Sunday newspaper round-up: Tesco, ITV, Glaxo

Sun, 31 August 2014

Harris Associates, the US investment fund that has been one of Tesco's biggest and most loyal shareholders, has sold almost two thirds of its stake because it thinks the supermarket group has become t... [more]

Bwin.party CEO and chairman show support after losses widen

Fri, 29 August 2014

Purchases were made by both the chief executive officer and chairman of Bwin.party on Friday after the online gaming group posted wider first half losses. Chief executive Norbert Teufelberger acquire... [more]

Market overview: FTSE closes up 14 at 6,820

Fri, 29 August 2014

1630: Close The biggest London-listed stocks ended the week on an upbeat note after data-heavy session around for the UK, the Eurozone and the US. Data out in the UK showed that while British consumer... [more]

Tesco needs big changes to revive fortunes, Shore Capital says

Fri, 29 August 2014

British supermarket Tesco must make wholesale changes to its structure if the company is to turn its fortunes around, analysts at Shore Capital said in a note to investors on Friday. Kantar retail da... [more]

Canaccord expects volatility in Afren, but maintains speculative buy

Fri, 29 August 2014

Africa-focused oil explorer Afren has a way to go to rebuild trust but it will get there, analysts at Canaccord Genuity explained to clients in a note released on Friday morning. That follows the com... [more]

Friday broker round-up UPDATE

Fri, 29 August 2014

Arrow Global: Numis shifts target price from 285p to 287p and leaves its add rating unchanged. Berendsen: Oriel raises target price from 1130p to 1243p keeping a buy recommendation. British Polythen... [more]

Friday tips round-up: Playtech, Unite Group

Fri, 29 August 2014

Betting and gaming software provider Playtech's first half results showed the company is firing on almost all cylinders, but much is already baked into the share price, writes The Times's Tempus. Sal... [more]

Friday newspaper round-up: AA, Iron ore prices, Ocado...

Fri, 29 August 2014

Shareholder groups last night warned of a corporate governance breakdown at the AA after chief executive Chris Jansen resigned two months after its stock market float. The roadside assistance firm dec... [more]

Glencore non-exec stumps up after buyback announcement

Thu, 28 August 2014

After recent results came in slightly ahead of consensus forecasts at Glencore, independent non-executive director Patrice Merrin has dipped into her pocket to buy shares in the company. Merrin bough... [more]

Friday preview: Bwin and Perform issuing half-time scores

Thu, 28 August 2014

Continuing a sporting week of Champions League and League Cup football and England-India cricket, a pair of FTSE 250 sport-related companies are due to run in their half-time numbers on Friday: Perfor... [more]

Market overview: Fighting intensifies in Ukraine

Thu, 28 August 2014

1611: Two columns of Russian vehicles were destroyed near the Ukrainian city of Ilovaysk, Bloomberg is reporting. 1500: US pending home sales grew 3.3% month-on-month in July (consensus: 0.5%). 1447... [more]

Sector movers: CSR takeover approach gives tech stocks a boost

Thu, 28 August 2014

M&A activity sent UK technology stocks to the top of the pile in London on Thursday after it was revealed that chipmaker CSR had attracted interest from overseas. CSR's shares were up 35% after t... [more]

Numis Securities takes tougher stance on Arrow Global

Thu, 28 August 2014

Numis Securities has eased back its recommendation on debt purchaser and manager Arrow Global, but said that the company had done well against rivals. Arrow on Thursday said it had a strong first hal... [more]

Thursday broker round-up UPDATE

Thu, 28 August 2014

Antofagasta: Investec lowers target price from 720p to 719p and retains a sell recommendation. Arrow Global: Canaccord Genuity moves target price from 318p to 325p and keeps a buy recommendation. Num... [more]

Broker tips: Morrisons, Tesco, IAG, Ryanair, Melrose

Thu, 28 August 2014

Shares of rival supermarket chains Wm Morrison and Tesco were heading in opposite directions on Thursday after Deutsche Bank upgraded its rating for the former and downgraded the latter. The bank lif... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
ITV 218.70 3.55 17:09
Marks & Spencer Group 441.00 2.58 16:35
BAE Systems 456.00 2.45 17:05
Kingfisher 308.60 1.61 16:41
BG Group 1,217.00 1.29 17:01

FTSE 100 Top Fallers

Name Last Chg.% Time
Morrison (Wm) Supermarkets 173.50 -2.25 17:09
Mondi 1,012.00 -2.03 16:37
Tesco 225.55 -1.91 17:07
Shire Plc 4,864.00 -1.20 17:07
GlaxoSmithKline 1,460.00 -0.98 16:57