Thu, 12th Jan 2017 08:41
The London market closed in positive territory for the second time this week as traders weary of negative economic news took heart from upbeat corporate results. The FTSE 100 Index ended the session 27.4 points ahead at 6399.73 as drug group GlaxoSmithKline pleased investors with news of higher earn
Read moreFigures out from AA Insurance lifted shares in car insurers on Wednesday, prompting Esure to motor ahead to the top of the second tier leaderboard. The AA said that comprehensive rates had risen 2.8% in the third quarter, with third party rates climbing 6.6% - the first quarterly increase in two yea
Read moreHargreaves Lansdown says the City may take a more charitable view of Glaxosmithkline shares after the drug group announced higher third-quarter earnings per share and a streamlining of its business. The broker said analysts may need to "positively re-evaluate" the market consensus on the shares as a
Read more** UK fashion retailer SuperGroup drops to 2-1/2 month lows even after a management shuffle which was warmly received by analysts. ** Firm names ex-Co-op Group boss Euan Sutherland as its new chief executive. ** SuperGroup down 3.5 pct, top faller on a 0.7 pct firmer FTSE 250 index.Read more
UK stocks were broadly flat on Wednesday morning after jumping to a one-week high the previous session, as investors reacted to ongoing central-bank speculation and digested mixed corporate earnings. The FTSE 100 was down 0.05% at 6,369 by midday, with results from the likes of British American Toba
Read moreThe hiring of former Co-op boss Euan Sutherland as the new chief executive officer (CEO) of Supergroup is a "great appointment" by the fashion retailer, according to broker Peel Hunt which reiterated a 'buy' rating for the stock. Supergroup announced that Sutherland, who has been a non-executive dir
Read moreAmino Technologies: N+1 Singer moves target price from 93p to 107p upgrading to buy. Anglo American: Liberum Capital reduces target price from 1300p to 1200p retaining its sell recommendation. ARM Holdings: UBS moves target price from 970p to 980p upgrading from neutral to buy. Deutsche Bank cuts t
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