UK stocks ended a choppy session in the green as an afternoon rally saw the FTSE 100 erase losses and push back towards its record high. "A good set of European earnings results sent stocks in Europe back towards all-time highs on Tuesday, sustained by ECB bond-buying and the lingering effects of th
Read moreMining giants Rio Tinto and Anglo American were under the cosh in London as analysts at Barclays Capital lowered their recommendations on both stocks after slashing their commodity prices forecasts. The broker downgraded its rating on Rio from 'overweight' to 'equal weight', cautioning that the comp
Read moreAfter briefly coming close to their intraday record high, UK stocks dropped into the red by Tuesday lunchtime after data showed that the Greek debt saga was weighing on economic confidence in Germany. Heavy falls in the mining sector were also hitting markets, offsetting well-received quarterly earn
Read moreKingfisher has been lowered from 'hold' to 'sell' by Investec, with the South African bank saying it sees no sign of a recovery at the DIY retailer any time soon. The B&Q and Wickes owner has "always been a business full of opportunities and challenges", Investec said. "Describing 'ONE' Kingfisher
Read moreUK retailer Kingfisher had its rating whacked down to 'sell' from 'hold' by Societe Generale on Friday after it cut the B&Q owner's forecasts due to currency swings and took a dim view of the company's outlook. The French investment bank makes its downgrade on Kingfisher, who owns UK retailer B&Q, a
Read more