London close: Gains erased as Spanish yields advance
28th May 2012 17:02
- Gains trimmed by the end of trade - Newsflow improves in Greece; New Democracy support increases - Spanish concerns weigh on sentiment London blue chips finished broadly flat on Monday as the initial optimism surrounding the Greek elections was outweighed in afternoon trade by ongoing concerns ab
Read moreMonday broker round-up
28th May 2012 09:26
888 Holdings: Panmure Gordon reiterates buy rating and 93p target. Aggreko: AlphaValue upgrades from sell to add, target kept at 2,206.5p. Aveva: Panmure Gordon cuts target from 1,670p to 1,590p, hold rating unchanged; Merchant Securities keeps buy rating and 1,800p target. Britvic: UBS cuts targ
Read moreLondon close: Footsie finishes higher after late rally
25th May 2012 17:00
- Consumers upbeat in US, Germany - Germany adviser says Greek bailout terms should be changed - Greek uncertainty still apparent The FTSE 100 rallied to close slightly higher on Friday, helped by some positive consumer confidence data in the US and Germany, but gains were limited as the focus cont
Read moreFriday broker round-up -UPDATE
25th May 2012 09:16
Aggreko: HSBC upgrades from neutral to overweight. Bumi: Nomura slashes target to 860p from 1,000p, stays at neutral. British Petroleum: Credit Suisse retains outperform, cuts target to 540p from 550p. ARM Holdings: UBS upgrades from neutral to buy, target lifted from 620p to 630p. BAE Systems
Read moreXP Power director make double purchase
17th Apr 2012 15:59
David Hempleman-Adams, a non-executive director of power controller manufacturer XP Power, has purchased two lots of shares less than a week after the firm cautioned over its revenues. The first purchase saw Hempleman-Adams, who joined the firm in 2008, snap up his first round of shares in the fir
Read moreSunday share tips: Aggreko, WS Atkins, Andor
15th Apr 2012 14:11
Aggreko is a global provider of temporary power solutions in a world that is structurally short of power, writes The Telegraph´s Questor team this Sunday. That means that continuous investment in the amount of power available to hire is key to growth. However, while its net debt has risen by £63m to
Read moreFriday broker round-up
13th Apr 2012 10:09
Aggreko: UBS ups target from 2,500p to 2,550p, buy rating unchanged. AstraZeneca: Jefferies maintains hold with a 3,050p target. Burberry UBS lifts target from 1,370p to 1,580p, neutral recommendation maintained. Chariot Oil & Gas: Merchant Securities initiates coverage with a buy rating and 402.
Read moreFriday tips round-up: Aggreko, Weir, Volex
13th Apr 2012 06:58
The Times' Tempus column this morning looks at temporary power and temperature control solutions group Aggreko, saying that the 'power surge has no end in sight'. Tempus says that the exponential growth over the past five year has continued into the first quarter of 2012, with the group reporting ye
Read moreLondon close: Shell rallies as it denies oil slick blame
12th Apr 2012 17:11
After a mixed morning session, London's top shares kicked on in the afternoon, buoyed by Wall Street's strength. Bulls seized upon comments by New York Fed President William Dudley who opined that the US economy is not yet firing on enough cylinders to make a serious dent in the jobless numbers.
Read moreFTSE 100 movers: GKN leaps on upgrade
12th Apr 2012 14:48
Engineering giant GKN was leading the risers after Credit Suisse upgraded the stock from neutral to outperform, saying the the company is in 'pole position' to acquire Volvo Aero Engines. Temporary power and temperature control solutions group Aggreko was also rising, following reports of a "very
Read moreLondon midday: Mid-caps set the pace
12th Apr 2012 11:49
The top share index spent the morning spinning its wheels with most of the excitement taking place among the mid-cap stocks. Last night, the Federal Reserve's April Beige Book survey encouraged the maintenance of the status quo. The Fed's survey revealed that overall activity "continued to expand a
Read moreBroker tips: Aggreko, Hays, Mondi
12th Apr 2012 11:06
Prime Markets has reiterated its buy recommendation for temporary power and temperature control solutions group Aggreko, impressed by the firm's strong start the year. "The sheer momentum currently behind Aggreko is so strong, that the trials and tribulations of the Eurozone and subsequent market c
Read moreBroker snap: Strong momentum at Aggreko, says Prime Markets
12th Apr 2012 10:59
Prime Markets has reiterated its buy recommendation for temporary power and temperature control solutions group Aggreko, impressed by the firm's strong start the year. Underlying group revenues as a whole increased by 21% in the three months to March 31st 2012, while reported turnover rose 18%. Und
Read moreThursday broker round-up
12th Apr 2012 09:30
African Minerals: Jefferies keeps buy rating and 1,100p target. Aggreko: Investec maintains buy rating. Cairn Energy: Nomura cuts target from 500p to 434p, buy rating kept. Faroe Petroleum: Nomura cuts target from 213p to 209p, buy rating kept. FirstGroup: Jefferies downgrades from buy to hold,
Read moreLondon open: Shell weighs on the Footsie
12th Apr 2012 08:19
- Shell drops on oil sheen reports - GKN up after upgrade - World Bank cuts Chinese GDP forecast Despite an initial rise, the FTSE 100 index had fallen into the red within the opening hour with oil giant Shell providing a drag on reports of an oil sheen in the Gulf of Mexico. Eurozone peripheral
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