Company
LON:AHT
Ashtead Group is a leading provider of rental equipment with operations in the US and the UK. We provide equipment that lifts, powers, generates, moves, digs, supports, scrubs, pumps, directs, ventilates, whatever the job needs
223 stories · page 10 of 12
FTSE100 shares closed sharply lower on Tuesday amid falling oil prices and EU referendum jitters, whose downbeat theme was only shattered by takeover news at Premier Farnell PLC and positive feedback from brokers on Ted Baker
Miners and commodity stocks fell as the price of a barrel of Brent crude fell 1.4%
Investments and investor services
Miners and commodity stocks fell as the price of a barrel of Brent crude fell 1.4% to US$49.65
The story of the Footsie in recent days has sounded like a Status Quo song: down, down, deeper and down
The company, which owns A-Plant in the UK, is expected to have kept up its double-digit growth rate
UK shares remained in the blue to close Tuesday in positive territory.
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Credit Suisse is bullish on consumer goods giant Unilever PLC ahead of first quarter results on April 14 and has ramped up the target price.
Swiss broker reduces recommendation on plant hire company to 'underperform'
Plant hire group increased underlying pre-tax profits rose 20% to £482mln in the nine months to January 31
Major share price risers and fallers in London at 4.30pm
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Britain's blue chips closed the afternoon session lower after uninspiring UK economic data and as energy powerhouse Centrica weighed.
FTSE 100 was 36 points lower at 5,954 as US markets pointed to a flat start
Investments and investor services
Equipment hire firm Ashtead was dented as investors reacted to the warning signals coming via a rivals weak earnings report.
While you can hold almost anything in an ETF these days, traditional stock picking still retains some appeal.
City broker Investec says the results should dilute concerns over Ashtead's exposure to the oil sector.
Investments and investor services
The miners helped boost the FTSE100, which was around 25 points higher
The equipment hire group had already indicated significant profit momentum in the second quarter, according to broker Numis.
The Bank of England's Monetary Policy Committee is expected to leave its base rate unchanged; the question is, how many committee members will vote for change?
Footsie rebounds as miners rise on stable copper prices and oil majors fall
