Chuck Jaffe 4 financial rules of thumb in need of upgrades
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Another 111 points or so, and the FTSE 100 would have breached its all time closing high this week. But in the end the gap was too much, not least because of a shock profit warning from Royal Dutch Shell. On Wednesday, the leading index rose to 6819, helped by the World Bank raising its Read More
LONDON (ShareCast) – 1630: Close The FTSE 100 closed modestly lower today, with a strong performance by miners limiting losses, while Intertek led the downside after Berenberg cut the stock to ‘hold’. In today’s macro news, it was revealed that UK house prices are expected to increase further as supply fails to meet demand, while Read More
* FTSE 100 up 0.2 pct * Motor insurers rally as pricing competition eases * Shell (LSE: RDSB.L – news) profit knocks index to underperform peers * Set for best week of 2014 By Francesco Canepa LONDON, Jan 17 (Reuters) – Britain’s top share index edged higher on Friday and was on track for its Read More
* FTSE 100 steady, hovering close to 2013’s peak levels * FTSE 100 flat in early session trading * Gains in mining stocks add most points to FTSE 100 * Citigroup (NYSE: C – news) upgrades its position on miners to “bullish” By Sudip Kar-Gupta LONDON, Jan 16 (Reuters) – Britain’s top equity index steadied Read More
By This Is Money Reporters PUBLISHED: 03:55 EST, 17 January 2014 | UPDATED: 12:49 EST, 17 January 2014 17:30 (CLOSE): A warning of ‘significantly lower’ fourth quarter profits from oil giant Royal Dutch Shell sent shares lower, but the wider top-flight gained ground following buoyant Christmas retail figures. It was an uncomfortable start to the Read More
Bolstered by the improving US economy, many analysts expect the blue-chips to surpass their previous record close of 6,930.2 and climb above the 7,000 level this year. The experts at Citigroup have set a year-end target of 8,000, while Goldman Sachs expects 7,500.
* FTSE 100 up 0.1 pct, set for best week of 2014 * Motor insurers rally as pricing competition eases * Shell (LSE: RDSB.L – news) profit knocks index to underperform peers By Francesco Canepa LONDON, Jan 17 (Reuters) – Britain’s top share index was on course for its best weekly gain this year as Read More
By This Is Money Reporters PUBLISHED: 03:34 EST, 16 January 2014 | UPDATED: 12:34 EST, 16 January 2014 17.30 (CLOSE): Strong Christmas trading updates lifted Argos owner Home Retail Group and Halfords but were unable to inspire the wider share market as it failed to build on the gains of the previous session. A fresh Read More
Bolstered by the improving US economy, many analysts expect the blue-chips to surpass their previous record close of 6,930.2 and climb above the 7,000 level this year. The experts at Citigroup have set a year-end target of 8,000, while Goldman Sachs expects 7,500.