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London open: Stocks flat on US budget uncertainty

UK stock markets opened tentatively on Tuesday morning with concerns over the US economy back in the spotlight following yesterday's disappointing man...

London pre-open: FTSE to track US stocks lower

City sources predict the FTSE 100 will open down nine points from yesterday's close of 5,871, tracking US stocks lower which fell following the releas...

Conditions in Continental Europe still tough for Wolseley

Like-for-like (LFL) revenue growth at plumbing merchant Wolseley continues to be polarised across its geographic regions, with growth in the US and Ce...

Broker tips: Kingfisher, Rio Tinto, Wolseley

UBS has lowered its rating for B&Q and Screwfix owner Kingfisher from 'buy' to 'neutral' and reduced its target price from 300p to 290p, citing near-t...

Broker snap: Panmure expects steady first quarter at Wolseley

Panmure Gordon has maintained its 'hold' rating and 2,500p target price for plumbing merchant Wolseley ahead of the group's first-quarter trading stat...

Monday broker round-up

Aggreko: Goldman Sachs cuts target from 3,692p to 3,460p, conviction buy rating kept. Asian Citrus: Seymour Pierce keeps buy rating and 50p target; ...

Wolseley makes acquisition

Wolseley, the FTSE 100 plumbers' merchant, is set to acquire the property, stock and vehicle assets of 22 sites from Burdens, which supplies drainage ...

Wednesday broker round-up - UDPATE

AMEC: Seymour Pierce keeps buy rating and 1,250p target; Investec keeps buy rating and 1,300p target. Babcock: Panmure Gordon keeps hold rating and 9...