Digger
- 13 Apr 2005 07:38
- 5 of 13
AFX UK at a glance share guide - 2
MARKETS
FTSE 100 4,946.2, down 27.0
FTSE 250 7,227.0, down 14.9
DJIA 10,508.00, up 59.40
Nasdaq Comp 2,005.40, up 6.05
S&P 500 1,187.75, up 6.55
Tokyo: Nikkei closed at 11,637.52, down 32.78
Hang Seng midday 13,748.30, up 90.25
Gold 427.30 usd (428.62 usd)
Oil - Brent May 51.98 usd (53.21 usd)
BREAKING NEWS
* Web music pirates facing a new wave of lawsuits - FT
* Baugur joins a consortium, including property entrepreneur Robert Tchenguiz, that is seeking to buy SOMERFIELD - FT
* MG Sport and Racing last night joined sister companies MG Rover and Powertrain in administration - FT
* ROYAL DUTCH/SHELL, BG GROUP and ChevronTexaco to co-operate with the Nigerian National Petroleum Corporation on a liquefied natural gas project with annual capacity equal to about 13 per cent of last year's global production of LNG - FT
PRESS COMMENT
THE LEX COLUMN comments TESCO (not cheap, but remains the pick of the sector), Heineken (remaining discount to other brewers continues to look undeserved), Russia, NTT DoCoMo - TAKING STOCK: Interest rate rises put pressure on sub-prime lenders (KENSINGTON GROUP, HITACHI CAPITAL, LONDON SCOTTISH BANK)
Express
SHARE WHISPER: EQUATOR EXPLORATION (more good news believed imminent) - WHO'S DEALING: UNIVERSE GROUP (two directors each pick up 20,000 shares at 17-1/2 pence)
Guardian
GAME GROUP (talk it is close to recommending an offer from its mystery bidder)
Mail
HOMESTYLE (rumours that Bain Capital has approached management with a cash proposal)
Times
ADDLEISURE (tipped to take a controlling stake in Digital Plantation) - DIRECTORS' DEALINGS: RANK GROUP (outgoing finance director sells stock for 138,750 stg) - TEMPUS: VEDANTA (buy), ST IVES (sell), TULLOW OIL (buy)
Telegraph
LUMINAR (bid speculation) - QUESTOR: TULLOW OIL (investors with an appetite for risk should buy), ST IVES (income investors should probably hold on), LOK'N STORE (still rate them a buy)
Independent
VEDANTA (buy), COSALT (investors looking for capital gains need not chase, but it is worth holding for a dividend that yields just below 6 pct), PHS GROUP (not especially attractive) - SCOTTISH & NEWCASTLE (talk of SABMILLER swoop) - ADDWORTH (rumours it is putting the finishing touches to a fund raising at 3 pence)
Druid2
- 13 Apr 2005 07:41
- 6 of 13
Good morning all. When will we see FTSE at 7000?
daves dazzlers
- 13 Apr 2005 08:18
- 7 of 13
Morning all,how about 2015 at a guess.
bristlelad
- 13 Apr 2005 08:38
- 10 of 13
Morning all/ my guess is DEC 2007
Digger
- 13 Apr 2005 10:23
- 11 of 13
LONDON (AFX) - UK and European brokers' recommendations issued today, as collated by AFX News from a range of market sources.
NOMURA
Upgrades to Neutral from Reduce Nokia
JP MORGAN
Starts as Neutral British Energy, 300 pence target
UBS
Reiterates Buy Holcim, raises target to 93 sfr from 87 -- Downgrades to Neutral from Buy Schneider Electric, 66 eur target -- Downgrades to Neutral from Buy DnB NOR, 73 nkr target -- Downgrades to Neutral from Buy Puma, 212 eur target -- Buy Pernod, raises target to 132 eur from 128 -- Buy Cobham, price target 1679 pence vs 1600 -- Upgrades to Neutral from Reduce Saipem, raises target to 9.5 eur from 8.5
NUMIS
Reiterates Add Antofagasta, raises target to 1584 pence from 1485
ABN AMRO
Reiterates Add Carrefour, raises target to 45 eur from 43
DEUTSCHE BANK
Downgrades to Hold from Buy Peugeot, 52 eur target -- Resumes coverage on UK asset managers as Overweight; Buy Man Group, 1600 pence target, Buy Schroders, 840 pence target -- Sell Amvescap, 300 pence target -- Buy Porsche, raises target to 625 eur from 560
CHEUVREUX
Downgrades to Underperform from Outperform Banco Sabadell -- Downgrades to Underperform from Outperform Telefonica Moviles -- Downgrades to Outperform from Selected List Telefonica, 16.17 eur target
MERRILL LYNCH
Reiterates Buy Cadbury Schweppes, raises target to 550 pence from 525 -- Downgrades to Sell from Neutral Atos Origin -- Downgrades to Sell from Neutral Solvay -- Downgrades to Neutral from Buy BASF
CITIGROUP SMITH BARNEY
Downgrades to Hold from Buy Hilton, 290 pence target -- Tobacco: Upgrades to Buy from Hold Altadis, cuts target to 36 eur from 37 -- Hold BAT, raises target to 980 pence from 920 -- Hold Gallaher, raises target to 815 pence from 750 -- Buy Imperial Tobacco, raises target to 1620 pence from 1580
WESTLB
Downgrades to Neutral from Outperfom Micronas
GOLDMAN SACHS
Reiterates In Line BOC, ups estimates -- In Line Klepierre, ups estimates -- Outperform Linde, raises estimates -- Outperform Tesco, raises estimates -- Reiterates Outperform Micronas, cuts target to 60 sfr from 65
CSFB
Reiterates Underperform Micronas, cuts target to 40 sfr -- Reinitiates as neutral VNU, price target 27 eur -- Neutral Banesto, price target 11.7 eur vs 10.9
ING
Upgrades to Buy from Hold Migros
ABN AMRO
Reiterates Add Carrefour, raises target to 45 eur from 43
MORGAN STANLEY
Reiterates Overweight Tesco, raises target to 345 pence from 319 -- Overweight Norilsk Nickel, raises target to 72 usd from 62 -- Builders and Construction: Overweight Wilson Bowden, raises target to 1363 from 1295 pence, Overweight Redrow, Barratt, raises target to 585 pence from 502, Underweight Persimmon, Equalweight Bovis, raises target to 634 pence from 602, Equalweight Taylor Woodrow, raises target to 271 pence from 258, Underweight Wimpey, raises target to 368 pence from 320.