AFR.L Share News (AFR)

FTSE 250 movers: Oil stocks lead fallers while Man jumps

Oil stocks were leading the FTSE 250 downwards on Tuesday as US crude prices dropped to their lowest in three years. The slump came as the world's largest exporter, Saudi Arabia, lowered prices for crude exports to US customers in an attempt to support its market share. Producers Ophir Energy, Afren

Sector movers: Oil stocks tank as crude prices drop to three-year low

Sinking crude prices were pressuring oil producers and oil services stocks lower on Tuesday, with West Texas Intermediate (WTI) dropping to a three-year low. Oil dropped sharply after the world's largest exporter, Saudi Arabia, lowered prices for crude exports to US customers in an attempt to suppor

London midday: Stocks erase gains after UK construction data, Eurozone growth forecasts

A slowdown in UK construction expansion and downgrades to Eurozone growth forecasts hit UK stocks on Tuesday morning, with the FTSE 100 having erased early gains by lunchtime. Well-received results from Imperial Tobacco, Associated British Foods and Legal & General weren't enough to prop up the benc

Monday broker round-up UPDATE

Aa: Liberum Capital initiates with a target price of 417p and a buy recommendation. Afren: UBS lowers target price from 130p to 115p, keeping a buy recommendation. Anglo American: Nomura reduces target price from 1550p to 1400p, while leaving its neutral rating unaltered. Barclays: Exane ups targe

UK BROKER RATINGS: Investec Downgrades RBS To Sell From Hold

International Mining & Infrastructure Appoints Cooper As Chairman

Friday broker round-up UPDATE

Afren: Deutsche Bank lowers target price from 110p to 105p, leaving its hold recommendation unaltered. Aviva: Barclays ups target price from 397p to 420p and reiterates its equal-weight rating. Barclays: Deutsche Bank lowers target price from 300p to 295p and leaves its buy recommendation. Country

UK BROKER RATINGS: S&P Capital Cuts BT To Sell From Hold

MARKET COMMENT: Stocks Volatile After Fed Ends Stimulus Programme

Sector movers: Mining, oil stocks track commodities lower as dollar gains

Mining and oil stocks took a hit on Thursday as a hawkish statement by the Federal Reserve and better-than-expected US growth bolstered the dollar and dampened commodity prices. Gold dropped to its lowest in three weeks, while silver, platinum and crude prices all declined, as the dollar rose to a t

UK MIDDAY BRIEFING: Royal Dutch Shell Taps New Chairman, Lifts Profit

Afren sees shares fall after disappointing results

Oil exploration company Afren saw its shares go down on Thursday after disappointing results during the first nine months of the year. Revenues dropped to $798.5m in the nine months ended 30 September from $1.2bn same time last year. Ongoing delays, due to bad weather conditions at the Ebok explora

UK WINNERS & LOSERS: St James's Place Outperforms Downbeat Indices

MARKET COMMENT: UK Stocks Give Up Early Gains Despite Strong Earnings

Thursday broker round-up UPDATE

Afren: Deutsche Bank cuts target price from 130p to 110p retaining its hold recommendation. Antofagasta: JP Morgan lowers target price from 760p to 755p and reiterates a neutral rating. Investec lowers target price from 717p to 704p and keeps a hold recommendation. Balfour Beatty: Jefferies cuts ta