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St. James's Place: Morgan Stanley ups target to 1,097p from 963p while reiterating overweight stance. AO World: Cannacord Genuity lowers target to 170p from 220p and reiterates hold. British American Tobacco: Jefferies raises target to 4,440p from 4,140p and reiterates buy. Kaz Minerals: Exane BNP
Read moreA mixed batch of economic data and weak corporate earnings gave investors the excuse to take profits on Tuesday, as markets continued to retreat from their recent record highs. London's FTSE 100, which had started the day in positive territory, swung sharply into the red by mid-morning and extended
Read moreShares in Barclays fell after the bank set aside a total of £1.25bn for provisions to cover litigation costs related to ongoing probes into mis-selling PPI and rigging foreign exchange rates. The news came as Barclays reported a pre-tax loss of £532m for the fourth quarter. Commodities trader and mi
Read moreA handful of brokerages continue to rate Barclays stock as 'buy' despite Tuesday's results from the bank that contain a huge increase in provisions to cover the costs of legal fees relating to scandals. Despite concerns in the market that rising litigation costs could dent the group's profitability
Read moreTesting services firm Intertek, had its rating cut to neutral by HSBC on Tuesday, a day after the company released full-year 2014 earnings. In its annual results, the group reported pre-tax profits falling 10.5% to £252.2mn amid challenging conditions at its oil and gas unit and a stronger pound. H
Read moreUK stocks inched lower on Monday after hitting a new intraday record high during the session as markets were underwhelmed by a raft of positive manufacturing data and a rate cut in China. London's FTSE 100, which rose to a new all-time peak of 6,974.26 early on, finished 6.02 points lower (-0.09%) a
Read moreBanking stocks such as Barclays and RBS topped the risers as share prices rebounded after a weak outing last week following some poorly-received annual results. 2014 figures from Barclays, the last UK lender to report, are due out on Tuesday. Intertek, the product testing and certification outfit, w
Read moreAfter a bright start, UK stocks dropped into the red by Monday lunchtime as investors assessed a raft of economic data and took profits after markets reached new record highs. The FTSE 100 was down 0.01% at 6,945.68 by midday, erasing gains after rising to a new intraday all-time high of 6,974.26 in
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(Adds CEO comments, detail, background, shares) By Li-mei Hoang LONDON, March 2 (Reuters) - British product-testing firm Intertek Group said demand from the textile, electrical and building industries should offset a drop in business from some oil and gas customers this year, sending
Read more** Shares in product testing co Intertek, which have sustained heavy losses on oil price plunge, in grasp of 3.5-mth highs as posts broadly in-line FY & marginally improved outlook ** Stock, up 3.2 pct, top FTSE 100 riser & most actively traded stock on index with a third of 90-day daily av
Read moreUK stocks rose modestly to a new record high on Monday morning on the back of gains in the banking and mining sectors, tracking a strong performance on Asian markets overnight after a rate cut in China. The FTSE 100 was up 0.3% at 6,969.46 within the opening hour, having risen as high as 6,972.01 in
Read moreUK stocks were expected to open broadly flat on Monday ahead of a raft of economic data, with investors continuing to act cautiously with markets near all-time highs. City sources predict the FTSE 100 will open a few points lower than Friday's close of 6,946.66. The index set a new intraday record
Read moreLONDON, March 2 (Reuters) - British product-testing firm Intertek Group posted a 2.3 percent rise in full-year revenue, at constant currency, helped by demand for testing in the textile, electrical and building products sectors. The company, which tests products from barrels of oil to child
Read moreProduct testing and certification group Intertek said results were dampened by currency movements and headwinds in the natural resources sectors in 2014, though it was still able to lift its dividend. Pre-tax profits were down 4.7% at actual foreign exchange (FX) rates to £300.2m, but would have bee
Read more** Goldman Sachs sees lower capex at commodities companies continuing to weigh on organic growth at testing and inspection companies ** But sees tailwinds from the stronger U.S. dollar vs the euro, with Intertek benefiting the most ** Keeps "neutral" rating on Intertek, with PT lifted
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