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The FTSE 100 was pulling back on Friday morning after four consecutive days of gains as investors turned cautious ahead of a meeting of Eurozone finance ministers in Dublin. Results due out from US banking giants JPMorgan Chase and Wells Fargo later today were also making markets nervous, with stoc
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* FTSE 100 down 0.4 percent * 50-day moving average acts as floor for weakness * Euro zone concerns resurface as finance ministers meet By Toni Vorobyova LONDON, April 12 (Reuters) - Britain's top share index succumbed to profit-taking on Friday after its best four-day run
Read moreRenewed concerns about the Eurozone were weighing on markets on Friday morning with the FTSE 100 pulling back after four consecutive days of gains ahead of a meeting of European finance ministers later today. It was revealed yesterday in a draft of the updated rescue plan for Cyprus that the countr
Read moreAggreko: Panmure Gordon raises target price fro, 1727p to 2106p and upgrades from hold to buy. Alternative Networks: Westhouse Securities moves target price from 280p to 295p and reiterates a neutral rating. Investec raises target price from 330p to 350p maintaining a buy recommendation. Finncap in
Read moreSteve Good, the Group Chief Executive of materials group Low & Bonar, has sold a significant portion of the 1.4m shares that recently vested under the company's long-term incentive plan. Of these, he sold 908,676, taking his total stake in the company to 919,098. Mike Holt, the group's Finance Di
Read more* UK rented private housing returned 8.9 pct in 2012 * Residential returns beat commercial property * Govt incentives expected to boost investment By Brenda Goh and Tom Bill LONDON, April 5 (Reuters) - Insurers and pension funds are poised to spend 7 billion pounds ($11 bi
Read moreAviva: Bank of America cuts target price from 350p to 335p, while its neutral rating remains unchanged. Barratt Developments: Credit Suisse revises target price from 223p to 317p, while staying with its neutral rating. Bellway: Credit Suisse moves target price from 1202p to 1639p and leaves its ou
Read moreMarkets were rangebound on Tuesday morning, making only slight gains, with concerns about Cyprus still very much in focus following the comments made by the head of the Eurogroup yesterday. Following the €10bn deal to bail out Cyprus at the weekend, which involved forcing big losses on uninsured de
Read moreMarkets opened more or less flat on Tuesday with sentiment still fragile following the Cypriot bailout and investors showing caution ahead of some key economic data from the US. Durable-goods orders, the S&P/Case-Shiller Home Price Index, new home sales and consumer confidence figures are all due o
Read moreLONDON, March 26 (Reuters) - British insurer Legal & General has agreed to buy the 75 percent of Cofunds Holdings it does not already own, in a deal valuing the investment fund supermarket at 175 million pounds ($266 million). Buying the rest of Cofunds using 131 million pounds of L&G's ca
Read moreLegal & General, which provides insurance and investment services, has agreed to acquire a 75 per cent interest in UK fund platform Cofunds Holdings for 131m pounds. Cofunds will be paid for using Legal & General's existing cash resources and will boost the company's digital offering, identified a
Read moreAmur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3
Read more* Pension funds, insurers battle for deals on their own * Private equity fees, desire for more control spur change * Buyout firms say adapting to trend with co-investments By Tommy Wilkes and Anjuli Davies LONDON, March 22 (Reuters) - Tired of the hefty fees charged by pri
Read more* Buys 97.7 million pound stake in CALA Group * First direct investment, has 36.5 bln pounds to invest * Keen to invest in infrastructure, housing By Brenda Goh LONDON, March 18 (Reuters) - Insurer Legal & General said it was looking for more chances to invest directly in
Read moreMarkets were in risk-off mode on Monday morning as fears over the Eurozone debt crisis resurfaced after a deal to bail out Cyprus sparked a run on banks across the country. Banks and miners were bearing the brunt of the sell-off in London after Cyprus' €10bn bailout deal with the Troika - a move in
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