Broker tips: Tesco, Aggreko, WH Smith
8th Jun 2010 13:35
Philip Clarke, the nominated successor to Sir Terry Leahy, the Tesco chief executive who announced his impending retirement on Tuesday, is a bit of an unknown quantity in the City but broker Charles Stanley reckons Clarke's pedigree looks good. "Given his already lengthy career at Tesco and success
Read moreBroker snap: Hold on to Aggreko
8th Jun 2010 13:20
Panmure Gordon looks set to lift its earnings estimates for Aggreko after the temporary power solutions provider weighed in with another impressive trading update. "With a number of large projects both ending and starting during H1 [first half], interim results may well hide the underlying progres
Read moreLondon midday: Blue chips struggle
8th Jun 2010 12:35
Blue chips struggled all morning with BP under the cosh again and investors surprised by the retirement of Tesco boss Sir Terry Leahy. BP is again among the worst performers as US president Barack Obama said he'd sack the British company's chief executive Tony Hayward. In an interview with NBC to b
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
8th Jun 2010 10:51
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0951 GMT [Dow Jones] KBC Peel Hunt raises Aggreko (AGK.LN) price target to 1400p from 1200p following the company's better
Read moreMARKET TALK: KBC Raises Aggreko Price Target
8th Jun 2010 10:51
0951 GMT [Dow Jones] KBC Peel Hunt raises Aggreko (AGK.LN) price target to 1400p from 1200p following the company's better than expected 1H trading update. Says International Power Projects continues to perform well. Also notes the fact management has increased group capex guidance to GBP265M from G
Read moreMARKET TALK: Aggreko Update Positive - Panmure
8th Jun 2010 10:27
0927 GMT [Dow Jones] Aggreko's (AGK.LN) update is positive, with current trading materially better than anticipated, says Panmure Gordon. 2H looks incredibly positive, with a number of new projects to come on stream and rate improvements seen in the last few weeks to further improve activity, says P
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
8th Jun 2010 10:27
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0927 GMT [Dow Jones] Aggreko's (AGK.LN) update is positive, with current trading materially better than anticipated, says
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
8th Jun 2010 08:53
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] ("MARKET TALK: Aggreko Update Highlights Progress -Altium," at 0712 GMT, misstated the price target and omitted the change i
Read moreCORRECT: MARKET TALK: Aggreko Update Highlights Progress
8th Jun 2010 08:53
("MARKET TALK: Aggreko Update Highlights Progress -Altium," at 0712 GMT, misstated the price target and omitted the change in the price target. The correct version follows:) 0712 GMT [Dow Jones] Aggreko's (AGK.LN) interim management statement highlights the progress the business has made since
Read moreLondon open: Flat start for Footsie
8th Jun 2010 08:41
Footsie is moving sideways this morning with investors unsettled by the late fall on Wall Street last night. Tesco is the big story. Chief executive Sir Terry Leahy is to retire next March with Philip Clarke moving up to take his place as CEO at the UK's top supermarket chain. Leahy steps down af
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
8th Jun 2010 08:12
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0712 GMT [Dow Jones] Aggreko's (AGK.LN) interim management statement highlights the progress the business has made since the
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
8th Jun 2010 07:46
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0646 GMT [Dow Jones] Aggreko's (AGK.LN) trading statement is significantly ahead of expectations says an analyst. Says demand
Read moreMARKET TALK: Aggreko Trading Statement Significantly Ahead
8th Jun 2010 07:46
0646 GMT [Dow Jones] Aggreko's (AGK.LN) trading statement is significantly ahead of expectations says an analyst. Says demand remains strong and highlights good revenue growth for international power projects in the first half, with strong margins. Says management expects 1H sales to have risen 10%
Read moreLondon pre-open: Footsie to edge higher
8th Jun 2010 07:42
Footsie is expected to edge up in early dealings after closing in the red yesterday. Demand at the World Cup and a pick-up in business elsewhere means temporary power and temperature control services firm Aggreko expects performance this year will be significantly better than previously anticipate
Read moreAggreko Raises Guidance, Boosted By Work For World Cup
8th Jun 2010 07:33
By Jonathan Buck Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Aggreko PLC (AGK.LN), which rents generators to provide temporary power and cooling systems, Tuesday said its performance for the year will be significantly better than expected, boosted in part by work at the soccer World Cup final
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