Thursday newspaper round-up: Centrica, Pensions, Mitchells & Butlers
29th May 2014 07:05
British Gas is set to lose its second boss in quick succession with the imminent departure of Chris Weston, who has been poached by Aggreko, the FTSE 100 temporary power provider. Centrica, the owner of Britain's largest energy supplier, is expected to confirm the move in an announcement to the stoc
Read moreSunday newspaper round-up: Intercontinental Hotels, George Osborne, AstraZeneca
25th May 2014 09:42
Intercontinental Hotels has turned down a 6bn pounds takeover approach from an unnamed investment fund, the Sunday Times reported. The approach is said to have been made in the last three weeks but the board thought it was too low to consider. City sources think the group could now be a target for a
Read moreFTSE 100 movers: Aggreko lifted by Citigroup note
14th May 2014 15:15
Aggreko rose strongly today after Citigroup reiterated its 'buy' rating on the stock. Paper and packaging group Mondi was following close behind after it delivered a 13% increase in underlying operating profits in the first quarter despite a "mixed" trading environment and flat sales volumes. Under
Read moreAG Barr Finance Director reduces stake, Aggreko Executive builds his
13th May 2014 15:23
The wife of Alex Short, the Finance Director of AG Barr, sold 15,000 shares in the group, thereby reducing his holding in the soft drinks group to 37,711. The 610.00p-a-share sale had a total trade value of £91,500. Meanwhile, David Taylor-Smith, an Executive Director of power solutions group Agg
Read moreLondon close: Lloyds leads positive finish for FTSE
1st May 2014 16:59
- FTSE closes up 28.84 points at 6,808.87 - Lloyds leads after strong quarterly performance - UK manufacturing PMI rises to five-month high techMARK 2,788.41 +0.28% FTSE 100 6,808.87 +0.43% FTSE 250 15,850.34 +0.21% London-listed stocks closed today's session on a positive note, with gains being l
Read moreLondon midday: Stocks inch lower on mixed data and earnings
23rd Apr 2014 11:37
- AB Foods jumps, ARM and Sports Direct fall - UK borrowing falls more than expected - Chinese manufacturing still in contraction - Eurozone business activity improves techMARK 2,740.84 +0.09% FTSE 100 6,670.05 -0.18% FTSE 250 15,991.94 -0.56% UK stocks pulled back from a three-week high on Wednes
Read moreLondon open: Stocks edge higher, AB Foods jumps on Primark expansion
23rd Apr 2014 08:40
- AB Foods jumps on Primark expansion plans - Stocks rise, but upside limited - BoE minutes, economic data ahead - Chinese manufacturing PMI contracts again techMARK 2,749.64 +0.41% FTSE 100 6,688.65 +0.10% FTSE 250 16,067.20 -0.09% UK stocks edged higher on Wednesday morning with Primark owner As
Read moreLondon close: FTSE down as Russian units spotted in Ukraine
15th Apr 2014 16:59
- FTSE closes down 42.15 points at 6,541.61 - Ukraine says Russian forces have entered the country - UK inflation falls to 1.6 per cent in March - German investor confidence falls for 4th month techMARK 2,630.91 -0.44% FTSE 100 6,541.61 -0.64% FTSE 250 15,590.50 -0.71% It was another negative fini
Read moreFTSE 100 movers: Royal Mail leads risers, miners slide lower
15th Apr 2014 14:00
Royal Mail shares were in the top spot in today's session, as investors await to hear the government's decision on whether to sell the remaining 30 per cent stake in the group now that the lock-up period has expired. According to the BBC, senior Tories are firmly in favour of a sale. Defensive stoc
Read moreLondon midday: Stocks edge lower as investors digest data, earnings
15th Apr 2014 11:30
- Chinese, UK and German data disappoints - UK corporate updates come in mixed - US data, earnings in focus this afternoon techMARK 2,644.12 +0.06% FTSE 100 6,577.20 -0.10% FTSE 250 15,693.09 -0.06% UK stocks were trading with small losses on Tuesday on a busy day for economic data and corporate n
Read moreAggreko a 'buy' ahead of high-profile year, says Prime Wealth
15th Apr 2014 10:56
Prime Wealth has labelled temporary power provider Aggreko as a 'buy' after its first-quarter trading update on Tuesday, in which it reported an encouraging start to the year. The broker said it sees Aggreko as an "early stage if slightly speculative recovery play ahead of what will be a high profi
Read moreLondon open: Stocks fall after China data and mixed corporate news
15th Apr 2014 08:28
- Chinese new credit falls in March, money supply slows down - Corporate earnings/updates receive mixed reaction - Economic data in focus later on techMARK 2,645.66 +0.12% FTSE 100 6,571.94 -0.18% FTSE 250 15,761.41 +0.38% UK stocks opened with small losses on Tuesday morning after yet more disapp
Read moreAggreko's first-quarter underlying revenue rises
15th Apr 2014 07:05
Aggreko reported an "encouraging" start to the year with underlying revenues up five per cent in the first three months. However, the temporary power generator said reported revenue, which includes the impact of currency movements, fell 4% amid weakness in emerging markets. Revenue grew by 11%
Read moreTuesday preview: Aggreko, GKN report
14th Apr 2014 14:38
Temporary power company Aggreko is expected to report first quarter growth on the back of an increase in order intake. In March, when the group reported its full-year results, it anticipated an "encouraging start to 2014" after signing a contract in Libya for 120 megawatts. At the time it said it
Read moreSunday share tips: Aggreko, Essar, Scholium
9th Mar 2014 14:05
As Rupert Soames leaves Aggreko for Serco after 11 years as Chief Executive, it is time to sell the shares, Questor advised in the Sunday Telegraph. The shares rose from 140p to £16 in Soames' time as boss at the temporary power company. Profits peaked in 2012 when Aggreko supplied power for the Lon
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