FTSE dampened by commodities and banks January 14, 2011 LONDON eased to a close just over the 6,000 mark after stronger Wall Street sentiment failed to shake off concerns over China’s monetary policy tightening. The FTSE 100 ended down 21.81 points, or 0.4 per cent, at 6002.07, having closed 0.4 per cent lower yesterday, pulled lower by commodity stocks and banks. China’s central bank [...]
Fall in mining shares takes its toll as FTSE 100 closes lower December 8, 2010 WEAKNESS in heavyweight miners dragged the leading share index lower yesterday, although firmer banks, energy issues and some takeover speculation helped limit the falls. At the close, the FTSE 100 was down 13.92 points or 0.2 per cent at 5,794.53, having hit a three-week high on Tuesday. “It has been a choppy trading session today [...]
Mining firms haul FTSE 100 to highest level in five weeks December 13, 2010 Strong miners pushed Britain’s top share index to a five-week closing high on Monday, buoyed by firmer metals prices on strong economic data from China, while sector consolidation moves gave oil services firms a fillip. The FTSE 100 closed up 47.80 points, or 0.8 per cent, at 5,860.75, its highest close since 9 November, albeit [...]
BEST OF THE BROKERS August 10, 2010 SMITH & NEPHEW Evo Securities rates Smith & Nephew shares a “buy” with a price target of 695p. In a note in which its analysts speculate over what the company plans to do with the cash it is generating, Evo sees strong earnings growth and inventory efficiency as key factors driving future cash generation. ATH [...]
BEST OF THE BROKERS August 10, 2010 SMITH & NEPHEW Evo Securities rates Smith & Nephew shares a “buy” with a price target of 695p. In a note in which its analysts speculate over what the company plans to do with the cash it is generating, Evo sees strong earnings growth and inventory efficiency as key factors driving future cash generation. ATH [...]
FTSE 100 ends up following mixed reactions to the cuts October 20, 2010 Britain’s top share index closed higher yesterday, led by miners on the back of firmer metals prices, with investor sentiment buoyed by positive corporate earnings releases from the United States. The market reaction to the government’s spending review was muted. The FTSE 100 ended up 25.04 points, or 0.4 per cent, at 5,728.93, having closed [...]
BEST OF THE BROKERS September 1, 2010 BUNZL Shore Capital rates the distribution and outsourcing firm a “buy” at 710p. The broker upgraded its forecasts for pre-tax profit for the year by £6m to £279m after interim results this week. The broker was impressed by Bunzl’s return to acquisition-led growth, and believes investors should ignore the firm’s “worthy but dull” image. SMITH [...]
COMING SOON TO AN OLD PUB NEAR YOU… A BRAND NEW WAITROSE April 5, 2011 WAITROSE wants to grow – but Britain seems strangely bereft of suitable sites for the grocer, which is fighting a bitter convenience store war with its bigger rivals. So a desperate Waitrose has launched a highly unorthodox appeal to landlords to help it out. All sites and all properties will be considered, says the grocer [...]
EARNINGS SEASON | CALENDAR August 1, 2010 Monday 2 August Xchanging – UK Thomas Cook – UK Hammerson – UK Tullett Prebon – UK HSBC – UK Intertek – UK Mouchel – UK Qinetiq – UK Berkshire Hathaway – US Warner Music Group – US Linde – Germany BNP Paribas – France Air Liquide – France Tuesday 3 August ITV – UK [...]
EARNINGS SEASON | CALENDAR August 1, 2010 Monday 2 August Xchanging – UK Thomas Cook – UK Hammerson – UK Tullett Prebon – UK HSBC – UK Intertek – UK Mouchel – UK Qinetiq – UK Berkshire Hathaway – US Warner Music Group – US Linde – Germany BNP Paribas – France Air Liquide – France Tuesday 3 August ITV – UK [...]