Advertisement
UK markets open in 41 minutes

  • NIKKEI 225

    37,936.62
    +308.14 (+0.82%)
     

  • HANG SENG

    17,727.04
    +442.50 (+2.56%)
     

  • CRUDE OIL

    84.01
    +0.44 (+0.53%)
     

  • GOLD FUTURES

    2,351.70
    +9.20 (+0.39%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • Bitcoin GBP

    51,521.11
    +151.77 (+0.30%)
     

  • CMC Crypto 200

    1,393.23
    -3.30 (-0.24%)
     

  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     

  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

BUZZ-Direct Line: special dividend ticks the boxes

Reuters - UK Focus

** Direct Line one of two Stoxx 600 stocks hitting a 52-week high in an otherwise sluggish market.

** Stock gets an upgrade from Credit Suisse (NYSE: CS - news) as good results are bolstered by a special dividend that broker says could become a regular feature.

** CS is latest in brokers upping estimates on the stock. The mean EPS for 2014 is up 1.4% over the past month with 5 analysts raising forecasts over that period, per StarMine.

** Stock has responded and is up 9%.

** Insurer earnings on the radar in Europe this week.

** Meanwhile CS also upgrades Generali to a "neutral" from "underperform" on valuation.

(RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)