Wednesday broker round-up - UPDATE
9th Nov 2011 09:58
Admiral: Nomura puts buy rating and 1,900p target under review Admiral: Investec keeps sell rating and 843p target. HSBC: Evolutions Securities keeps sell rating and 650p target. British American Tobacco: Alpha Value downgrades to reduce from add. Regus: Credit Suisse upgrades from neutral to o
Read moreUPDATE: Friday broker round-up
23rd Sep 2011 09:42
Tesco: Evolution upgrades from sell to neutral. Tesco: Nomura keeps its buy recommendation. Kingfisher: Nomura reiterates buy rating. Carnival: Charles Stanley keeps accumulate rating. HSBC: Evolution Securities maintains sell rating. Euromoney Institutional Investor: Investec retains buy rati
Read moreAnite confident as 4G demand continues
15th Sep 2011 07:14
Anite, the wireless equipment tester and provider of management software to the travel sector, said overall trading in the quarter ended 31 July 2011 was encouraging as demand for fourth-generation mobile technology increases. Total group order intake, revenue and adjusted operating profit were ahe
Read moreAB Gold director buys second day in a row
4th Aug 2011 14:59
After entering the market on Wednesday, the finance boss of African Barick Gold Kevin Jennings has purchased shares for the second day in a row, bringing his total to 35,000, equal to a 0.0085% share in the company. Jennings bought 10,000 shares at 490.7p and the same amount at 495p. He has bee
Read moreOcean Wilsons director splashes out
30th Jun 2011 17:35
Board member Alex Cooper has upped his stake in Ocean Wilsons, spending nearly £50,000 on shares in the Brazil-focused shipping services group. Cooper, a lawyer and resident of Bermuda, bought 3,550 shares at 1,360p a share, and now has 46,450. The shares have risen sharply since the company issue
Read moreThursday tips round-up: Hunting, Vodafone, Anite...
30th Jun 2011 06:46
Hunting's global reach has always been among its chief attractions, in our view. And it was on show yesterday, when the oil and gas services group posted an update ahead of its half-yearly results in August. Thanks to its international reach, the group said it was well placed to capitalise on the re
Read more3i chairman takes a stake
18th May 2011 16:29
3i's chairman Sir Adrian Montague has splashed out on shares in the private equity company, taking 20,000 shares at 291.71p a time, nearly £60,000-worth. Sir Adrian was appointed chairman of the company in May last year. 3i last week announced it took a £198m hit on its investment in Enterprise,
Read moreBramson vehicle buys more shares in F&C
15th Mar 2011 17:05
F&C Asset Management chairman Edward Bramson's investment vehicle SIGA LP has acquired more shares in the asset management company. Bramson was appointed chairman of F&C last month after a shareholder coup removed the previous incumbent, along with another non-executive, and appointed three new di
Read moreLondon afternoon: Miners spooked by China
18th Feb 2011 14:46
Footsie staged a half-hearted recovery over the lunch time session but the market remains lower on balance, largely as a result of weak miners, which have taken fright at further attempts by the Chinese authorities to cool down the Chinese economy. China has raised bank reserve requirements by half
Read moreTechMARK movers: Anite pleases market
18th Feb 2011 12:35
Strong trading for the wireless division led to a positive reaction to Anite's interim management statement for the period between 1 November 2010 and 17 February 2011. Anite generates 30% of its revenues from 4G handset products and they continue to grow. The older technologies are also selling
Read moreLondon midday: FTSE 100 in the red
18th Feb 2011 12:15
Weakness in the mining sector has sent the top share index further into the red. Miner Anglo American is down even though it doubled profits in 2010 and is merging its UK cement, aggregates and ready-mixed concrete business with French giant Lafarge. Underlying earnings leapt to $4.98bn from $2.5
Read moreLondon open: Blue chips ease lower
18th Feb 2011 08:54
London has drifted lower in early dealing with attention switching to Bahrain and some mixed trading updates. Miner Anglo American is down even though it doubled profits in 2010 and is merging its UK cement, aggregates and ready-mixed concrete business with French giant Lafarge. Underlying earni
Read moreAnite supported by wireless demand
18th Feb 2011 07:44
Anite has traded better than expected in the past three months with growing 4G demand lifting orders at its handsets and networks businesses to record levels and offsetting a flat travel side. "Travel in particular needs to finalise contracts for existing customers and prospects if it is to achieve
Read moreTechMARK movers: Renishaw turnaround
26th Jan 2011 12:31
A strong interim statement from instrumentation supplier Renishaw shows profit running at record levels. This represents a turnaround in trading conditions. Machine tools and encoder products are doing especially well. FinnCap has upgraded its profit forecast for the year to June 2011 from £55.9
Read moreSmall caps round-up: Omega, Edenville, Vatukoula ...
10th Jan 2011 09:20
Omega Insurance Holdings has confirmed press speculation that it has received an unsolicited bid approach from Canopius Group. Canopius is proposing a cash plus shares offer for Omega. Last Friday Omega increased its estimate of the loss is likely to suffer from the New Zealand earthquake from $6.
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