Monday 17 January 2011

FTSE 100 rises to a maximum of six months on the strong overall compensation

Analysts Panmure Gordon retained their "buy" rating on Unilever - the company behind the parsley and Dove.

Broker said think structurally, Unilever "is in its best State ever, with an almost refocused portfolio which should start to benefit from significant acquisitions filling its organizational change is largely complete, with a great best management team), and has a very strong balance sheet and a geographical skew is the envy of his peers."

The broker has also maintained its "buy" rating on Reckitt, saying: the owner of Cillit Bang was on track to deliver its orientation throughout the year.

Diageo has also received a boost to its European peers, higher p 27 to £ 11.87 in the wake of strong gains from Pernod-Ricard. The French maker of Absolut Vodka is undertaken for second-more great minds in the world behind Diageo.He announced the sale of the first quarter increased by 10pc due to a scheduled pick-up the United States and strong growth in emerging markets.

But also generate interest was a return to the rumor that Diageo could bid for game has French luxury goods pas.Groupe Moet Hennessy 66pc LVMH has 66pc, said that she had already refused any talk of a plan to sell champagne - maker .enfin, speculation arose in April 2009 after a possible agreement would make strategic reporting purposes. Diageo has refused to comment.

Plugs, traders were also slurping shares in Britvic, which increased by 26.8% 497.3 after the manufacturer said drinks recipes for 52 weeks has increased by 14 6pc on higher volumes, which prompted Altium titles at up to "buy" to "hold" rating.

"Britvic and, in fact, the British soft drinks market proved be resilient to the recession," said the broker.

But return among blue-chip international earnings rather than domestic were mostly having an impact. The high figures contributed to lift FTSE 100 points from 28.93 5757.86 and a maximum of six months, although this is still 67.15 points high for the year of 5825.01, struck on 15 April.

International earnings side, BT took the yellow Jersey, win 6.1 156.3%, after a court backed pension Trustees of the telecommunications company in conflict with the Government on the State guarantee to cover commitments if it goes bankrupt.

Mining shares were also in demand thanks to solid metals prices with Anglo American building £ 29.43½ 72½p.

Intercontinental Hotels then up to 43 per cent to £ 12.15 as French Hotel Group Accor, raised its target profit and posted sales of third quarter slightly ahead of forecasts.This has contributed to seal positive sentiment following results from Whitbread earlier this week, which provided more evidence of a recovery in the hotel industry .the ' company behind Premier hostels and Costa Coffee gained 2 p to £ 17.31.

But the prospects were not so sunny for Tui Travel, languished at the bottom of losing Council excretion 25.4 205 percent after repeated its results 2009 and Panmure Gordon slashed finances.Analystes Director resigned their rating on big business travel Europe "hold" to "sell" taking into account the strong share price recent performance.

Join TUI among the laggards was Tullow Oil, which took a fall after a Ghana well off the coast could not find oil .the ' Explorer fell 26 percent to £ 12.27, saying encountered Onyina-1 exploration well water bearing reservoirs, which prompted the Oriel securities downgrade Tullow to "reduce" from "hold".Broker said that the result was a blow to sentiment and rating is now stretched.

But the evolution of retained their recommendation "buy", despite what they call a "disappointing result" securities analysts. ""The Campanian has tended to be less successful than the deepest Turonian where Jubilee, Owo and Twenenboa fields were discovered," said the broker.

Some retailers made an unexpected drop in sales at retail for the second month in a row in September.Brands & Spencer has increased 8.9% 418.3 after worn Bernstein analysts their price target to 460 p 410 p and maintains their "outperform"rating.""

Analysts said that the string "came, supported by cyclical rebound late"better"and senior pass.

"In the end, M & S favourable market trend seems to be related to continue and should translate into more progress like-for-like against comparative accessible," said the broker.

Plugs, Debenhams was out as well, win 5 76½p after announcing an increase in profit throughout the year and intend to restore its dividend next year.

Seymour Pierce analysts said that they believed that the company must provide earnings growth double digit growth with a more blot on acquisition opportunity.

FILLING Council head of doublures-deuxième, however, was Afren .the oil and gas company focused on Africa acquired 16½ percent 132.4 after his Nigerian unit bought a stake in an oil majors, including Royal Dutch Shell and total oil field.

"Analysts Arbuthnot, called the"transformation"agreement.""Long gestation"big deal Afren"finally arrived and it offers at all levels: reserves, exploration upside and growth of major production," said the broker, retaining their strong accession"recommendation on the stock.

Investors taking a punt on William Hill .the bookmaker has increased by 7.2% 168,9 after saying that expected throughout the year operating profit at the upper end of the forecast of analysts.

Their earnings came a day when the FTSE 250 established points 72.83 10904.69.


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