FTSE 100 movers: Anglo American up on mine sale, Mondi shunned
4th Apr 2016 14:08
(ShareCast News) - The FTSE 100 remained just above the waterline in afternoon trading, though it had pared back gains it made in the morning as investors digested fresh data showing continued expansion in UK construction activity in March. Miner Anglo American was one of the leading risers after it
Read moreFTSE 100 movers: Aviva leads as it beats expectations
10th Mar 2016 14:39
(ShareCast News) - The FTSE 100 was trading in the red on Thursday afternoon, as the markets were left to digest surprise stimulus moves from the European Central Bank. Aviva was leading the risers, after it beat forecasts with a 20% operating profit increase. The insurer also reported a solvency ca
Read moreWednesday broker round-up
9th Mar 2016 16:26
(ShareCast News) - Worldpay: Jefferies reiterates buy with a target price of 340p and Goldman Sachs keeps at buy with a target price of 400p. Burberry: HSBC downgrades to hold, 1500p target. Croda International: Goldman Sachs downgrades to neutral with a target price of 3300p. Ashtead: Credit Suis
Read moreAshtead slumps on Credit Suisse downgrade
9th Mar 2016 08:49
(ShareCast News) - Equipment rentals firm Ashtead was under pressure after Credit Suisse downgraded the stock to 'underperform' from 'outperform' and slashed the price target to 770p from 1,300p. The bank said that after taking a differentiated, in-depth look at the broader US construction equipment
Read moreWednesday newspaper share tips: LSE, Ashtead
2nd Mar 2016 17:28
(ShareCast News) - There is a high probability that Deutsche Boerse's rivals will try and crash its proposed tie-up with the London Stock Exchange, the Financial Times's Lex column said. On 1 March, ICE already said it would do just that and the industrial logic between the two deals was similarly "
Read moreAshtead's CEO buys £248k in shares after strong third quarter
1st Mar 2016 17:25
(ShareCast News) - Ashtead's chief executive Geoffrey Drabble bought £248,130 worth of shares after the company reported a strong third quarter. Drabble purchased 30,862 shares at 804p each. Senior independent director Ian Sutcliffe also increased his stake, buying 12,250 shares at 810p each at a t
Read moreAshtead slumps as capex plans spark US slowdown concerns
1st Mar 2016 08:14
(ShareCast News) - Shares in equipment rental firm Ashtead fell sharply on Tuesday, with analysts pointing to concerns over the company's plans to cut capital expenditure next year, as it reported a jump in third quarter profit. For the quarter ended 31 January, statutory pre-tax profit rose 16% to
Read morePound weakens on EU referendum uncertainty as Boris Johnson backs Leave
22nd Feb 2016 08:44
(ShareCast News) - Sterling fell to a seven-year low on Monday as several leading Tory figures stated their opposition to David Cameron's proposal to remain in a reformed European Union. Several ministers, including some of the prime minister's closest friends, have so far said they would campaign
Read moreFriday broker round-up
29th Jan 2016 16:47
(ShareCast News) - Experian: Exane BNP Paribas upgrades to outperform with a 1350p target. Mitchells & Butlers: JP Morgan downgrades to neutral with 370p target, down from 420p Dcc: Exane BNP Paribas promotes to outperform with 6200p target. Lonmin: HSBC upgrades to buy, target 76p; Deutsche reite
Read moreThursday newspaper share tips: Positive results for Ashtead prompt hold rating
10th Dec 2015 10:36
(ShareCast News) - Ashtead Group's positive results has prompted The Telegraph's Questor to recommend holding on to the company's stock. The FTSE 100 equipment rental company posted a positive start to the year on Wednesday, with first half revenue growth of 18% driven by a strong second quarter. U
Read moreStrong second quarter boosts Ashtead Group's half year profit
9th Dec 2015 07:04
(ShareCast News) - Equipment rental company Ashtead Group has posted a positive start to the year, with first half revenue growth of 18% driven by a strong second quarter. The FTSE 100 group posted its interim results for the six months to 31 October on Wednesday. Underlying revenue for the quarter
Read moreLondon close: Stocks close higher as ECB leaves door open to more QE
22nd Oct 2015 16:08
(ShareCast News) - London stocks closed higher after earlier declines as the European Central Bank's president fuelled hopes of further stimulus. Mario Draghi said the ECB will re-examine its quantitative easing programme in December and would consider extending €60bn monthly purchases past the plan
Read moreCharles Stanley upgrades Ashtead on forecast-beating interims
2nd Sep 2015 14:32
(ShareCast News) - Charles Stanley upgraded Ashtead to 'buy' from 'accumulate' following the company's first-half results on Wednesday. It noted that the shares sold off on negative sentiment and signs of weakness at competitors, as it highlighted the company's better-than-expected interim numbers.
Read moreFTSE 100 movers: Ashtead jumps on strong interims; Glencore, BP in the red
2nd Sep 2015 13:16
(ShareCast News) - London's FTSE 100 was up 1% to 6,116 at 1423 BST in a choppy session as stocks rebounded from weakness on Tuesday. Industrial equipment rental firm Ashtead was the standout gainer after it posted better-than-expected first quarter pre-tax profits of £155m, up 23%, driven by solid
Read moreStrong revenue growth boosts Ashtead first quarter profits
2nd Sep 2015 07:26
(ShareCast News) - Industrial equipment rental firm Ashtead has reported better-than-expected first quarter pre-tax profits of £155m, up 23%, driven by solid revenue growth in the US and UK Underlying revenue was up 20% to £539.6m, while earnings before interest, tax, depreciation and amortisation j
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