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- Better-than-expected US data bolsters gains late on - Corporate earnings from Lloyds, BT, BSkyB and others impress - Chinese manufacturing figures beat estimates A flood of economic data from the US and China and a barrage of well-received results from some heavyweight stocks in the UK helped the
Read moreBanking giant Lloyds rose strongly after an 'in-line' third-quarter statement. The lender said that it is making progress despite delivering a statutory loss before tax of £583m for the first nine months of the year, including a further Payment Protection Insurance (PPI) provision of £1bn in the thi
Read more- Results impress from BT, BSkyB, Lloyds... - Markets await barrage of economic data Stateside - Chinese manufacturing beats expectations Impressive gains from BT Group, Lloyds, BSkyB and Legal & General were lifting the FTSE 100 higher on Thursday, with better-than-expected economic figures from
Read more- Results impress from BT, BSkyB, Lloyds... - Chinese manufacturing beats expectations - Footsie gains 0.3 per cent early on Following a sell-off the day before, the FTSE 100 rebounded on Thursday morning with well-received results from blue chip constituents BT Group, BSkyB, Lloyds, Shell and Lega
Read moreInvestments and insurance group Legal & General (L&G) generated record revenues in the third quarter, with UK and US protection sales each rising by around a third. L&G recorded £533m of annual premium equivalents (APE) in the three months to September 30th, up 28% on £418m last year. During the t
Read moreAfrican Barrick Gold: Nomura cuts target from 605p to 525p, buy rating kept. Aggreko: Seymour Pierce keeps buy rating and 2,500p target. Aquarius Platinum: Seymour Pierce keeps reduce rating and 34p target. ARM Holdings: Jefferies raises target from 485p to 693p, hold rating kept. ASOS: HSBC hik
Read more- New York trading suspended - UK equity markets cautious - Financials fall early on The UK stock market started in the red on Monday morning as investors showed caution as Hurricane Sandy hits the east coast of America. Dubbed as the '100-year storm', Hurricane Sandy has prompted the cancellatio
Read moreThe Chief Executive Officer of Workspace Group, which specialises in providing office space to start ups, has purchased 112,525 shares, significantly boosting his stake in the FTSE 250 firm. Jamie Hopkins, who took on the role of CEO in April of this year, bought the shares at 266p each for a tota
Read more- Markets buoyed by ECB's plans - QE3 hopes increase as jobs data disappoints - Xstrata and the miners jump, though Glencore bucks the trend In spite of some massive gains the day before, the FTSE 100 and most other stock markets in Europe finished moderately higher on Friday on hopes that central
Read moreCredit Suisse has downgraded its rating for Legal & General as part of its review of the UK life insurance sector. Among the growth-oriented insurers with higher price-to-earnings multiples, the broker said it prefers Prudential ('outperform') and St James's Place ('neutral') over Standard Life ('u
Read more- FTSE 100 extends rally after ECB news - Eyes on US data later today - Glencore adjourns shareholder meeting, amends merger terms The Footsie was well off its intraday high of 5,807 by Friday lunchtime, but still trading slightly higher following the massive gains made yesterday as the European Ce
Read moreCredit Suisse has downgraded its rating for Legal & General as part of its review of the UK life insurance sector. For the sector as a whole, first-half results met or beat consensus forecasts across most key metrics, the broker said on Friday morning. Credit Suisse said: "Top-line growth softene
Read moreASOS: Jefferies keeps buy rating and 2,199p target. AstraZeneca: Morgan Stanley upgrades to equal weight. Aviva: AlphaValue downgrades to add, target lifted from 385p to 389p. Barclays: Deutsche Bank upgrades to buy. Dixons: Nomura keeps neutral rating and 20p target. Legal & General: Credit Su
Read more- Stocks extend gains after ECB bond-buying plan - ECB buys Europe some time, says analyst - Glencore lower ahead of shareholder vote UK stocks were flat on Friday morning in spite of an impressive performance in the mining sector, as markets were relatively subdued following some massive gains the
Read moreEx-dividend stocks were providing a drag today, including heavyweights Croda International, Glencore, Legal and General and Xstrata. Glencore and Xstrata were also being pressured lower by reports that Xstrata shareholder Norges Bank Investment Management has raised its stake in the miner in the l
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