FTSE 250 movers: Exporters exce but OneSavings tops the list
4th Oct 2016 16:04
(ShareCast News) - Boosted by another plunge in the pound that is expected to prop up exporters, the FTSE 250 was 1.66% higher late on Tuesday. Exporting companies that were high in the leaderboard included European-focused lender International Personal Finance, equipment rental group Aggreko, which
Read moreAggreko swallows up US-based DRYCO
9th Aug 2016 09:08
(ShareCast News) - Aggreko announced on Tuesday that it has entered into an agreement to acquire substantially all of the assets associated with, and used in connection with DRYCO - a specialist in moisture control, drying, heating, and cooling applications within the shipping, manufacturing, food p
Read moreAggreko H1 profit and revenue hit by weak oil price
3rd Aug 2016 07:22
(ShareCast News) - Aggreko tumbled on Wednesday after the FTSE 250 temporary power provider posted a drop in first-half profit and revenue as weak oil prices took their toll on the company. For the six months to the end of June, pre-tax profit slid 31% to £61m on revenue of £685m, down 12% from the
Read moreTuesday broker round-up
19th Jul 2016 12:59
(ShareCast News) - Micro Focus: Barclays reiterates overweight with a target price of 2150p. Aggreko: HSBC maintains reduce with a 900p target. ARM: Citigroup reiterates neutral with a 1700p target. IAG: HSBC reiterates reduce with a 300p target. Pearson: Goldman Sachs reiterates sell with a targ
Read moreSector movers: Support services firms get boost from UBS
15th Jul 2016 17:37
(ShareCast News) - The Footsie closed higher for a fourth consecutive week for a cumulative 5% gain since the EU referendum vote, albeit wih defensive issues pacing gains in the form of advances for tobacco and pharmaceuticals. "More defensive sectors have led the way, showing that safety and yield
Read moreAggreko first-quarter revenue down 17%, maintains guidance
28th Apr 2016 07:38
(ShareCast News) - FTSE 250 temporary power provider Aggreko reported a drop in first-quarter revenue amid challenging markets but maintained its guidance for the year. In a trading update for 1 January to 27 April, the company said underlying revenue was down 14% from last year, while reported reve
Read moreAggreko signs 3-year Zimbabwe power deal
18th Apr 2016 07:32
(ShareCast News) - Aggreko said its Power Solutions business has signed a three year contract to provide 200MW of diesel-fuelled power in Zimbabwe. No contract value was disclosed. Aggreko said its customer is Sakunda Holdings which has been awarded a contract with the ultimate customer, Zimbabwe El
Read moreBroker tips: Direct Line, Dunelm, Aggreko
11th Apr 2016 11:45
(ShareCast News) - Barclays downgraded Direct Line Insurance to 'equalweight' from 'overweight' and cut the price target to 369p from 443p as it took a look at UK motor insurers. The bank noted Direct Line has been one of the best performing insurance stocks since its IPO in 2012, more than doubling
Read moreAggreko loses power on UBS downgrade
11th Apr 2016 09:12
(ShareCast News) - Temporary power provider Aggreko was under the cosh after UBS downgraded the stock to 'sell' from 'neutral' and slashed the price target to 800p from 1,050p. "Weak markets have undoubtedly been a headwind for Aggreko for the past 3 years, but we now believe that Aggreko's problems
Read moreAggreko 2015 profit drops as it warns over first half
3rd Mar 2016 07:57
(ShareCast News) - FTSE 250 temporary power provider Aggreko reported a drop in profit for 2015 and warned profit was likely to be lower in the first half of this year due to the timing of contract start and end dates. For the year to the end of December, pre-tax profit fell 13% to £252m, at the low
Read moreAggreko adds Dame Nicola Brewer to board
25th Feb 2016 12:12
(ShareCast News) - Aggreko added an air of diplomacy to its board on Thursday, announcing the appointment of Dame Nicola Brewer as a non-executive director, with immediate effect. The FTSE 250 firm said Brewer was currently Vice Provost International at University College London, and was a former se
Read moreAggreko confirms withdrawal from Rio Olympics contract bidding
18th Dec 2015 07:28
(ShareCast News) - Aggreko confirmed it has withdrawn from the bidding process for the 2016 Rio de Janeiro Olympic and Paralympic Games. The company said contracting entities had decided to award the power provision in parts and it not been awarded the first tranche of contracts. "Given the prepara
Read moreSatrazemis steps down from Aggreko executive role
7th Dec 2015 07:47
(ShareCast News) - Asterios Satrazemis will step down from his role as president of Aggreko's rental solutions division. He will leave the company on 17 December to take up the role of chief executive at BlueLine Rental. Bruce Pool, who has been with the company for 17 years in a variety of roles,
Read moreAggreko non-exec director steps down
1st Dec 2015 07:59
(ShareCast News) - Rebecca McDonald is set to retire as non-executive director of Aggreko, the temporary power and temperature control solutions provider said on Tuesday. In a short statement, the FTSE 250 group said McDonald will step down on 1 December, adding she opted to bring a three-year spell
Read moreTuesday broker round-up
10th Nov 2015 09:28
(ShareCast News) - Hochschild Mining: RBC Capital Markets upgrades to outperform, cuts target price to 85.00p. Drax Group: Deutsche downgrades to sell. Target price: 220.00p. Morrison Supermarkets: Deutsche downgrades to sell, cuts target price to 155.00p. Aggreko: Berenberg Bank upgrades to hold,
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