Poundland: Morgan Stanley lifts target to 280p from 245p and reiterates underweight. Vesuvius: UBS hikes target to 610p from 560p and reiterates buy. Prudential: Credit Suisse raises target to 1,900p from 1,750p and reiterates outperform. BT Group: Berenberg raises target to 570p from 475p and rei
Read moreStocks in London dipped into the red on Friday morning after data showed an unexpected decline in UK construction output, while utility shares weakened on political uncertainty. The FTSE 100 was down 0.35% at 6,737.10 by midday with SSE and Centrica among the worst performers. Construction output d
Read moreUK stocks were more or less flat in early deals on Friday ahead of a quiet day for the markets in terms of economic data and corporate news. London's FTSE 100 was trading up just 0.01% at 6,761.79 early on. As it stands, the Footsie is still nearly 3% lower than where it stood last Friday as a stre
Read moreUK stocks are expected to edge higher on Friday morning as markets continue to attempt to claw back heavy losses made earlier in the week. City sources predict the FTSE 100 will open around 10 points higher than Thursday's close of 6,761.07. As it stands, the Footsie is still nearly 3% lower than w
Read moreAfter unveiling $2bn of impairment charges for its upcoming 2014 results, Afren has entered into a funding agreement with its lenders that will result in "substantial dilution" for existing shareholders. The proposal to recapitalise its capital structure includes a debt-for-equity swap with creditor
Read moreJapan-based office equipment supplier Brother Industries has agreed to acquire British printing technology company Domino Printing Sciences for £1.03bn, unleashing a 32% surge in the share price. Domino, which has operations in the UK, China, Germany, India, Sweden and the US, will continue to opera
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