20th Apr 2016 07:27
(ShareCast News) - London stocks were expected to open lower following mixed US and Asian sessions, as oil prices retreated and investors looked ahead to the release of the UK unemployment rate. The FTSE 100 was seen starting 30 points lower than Tuesday's close at 6,375. Oil prices were back in th
Read more20th Apr 2016 07:08
(ShareCast News) - First quarter results from ARM Holdings indicated the microchip processor maker remains at the forefront of technology and analysts forecasts, with licence revenue also bouncing back to growth after a slow finish to last year. Revenues at the Cambridge-based company of $398m were
Read more19th Apr 2016 13:02
(ShareCast News) - Chip maker ARM Holdings reports its first quarter interims on Wednesday amid concerns that demand may recede. Shares in ARM slumped on Monday after the Nikkei reported that Apple - one of ARM's biggest customers - will continue its reduced production of iPhones in the quarter endi
Read more18th Apr 2016 14:31
(ShareCast News) - Thomas Cook: Berenberg upgrades to hold with a target price of 105p and Goldman Sachs reiterates sell with a 94p target. Rightmove: Investec upgrades to buy with a target price of 4400p. Spirax: RBC downgrades to sextor perform with a target price of 3700p. Polymetal: Deutsche B
Read more18th Apr 2016 11:48
(ShareCast News) - Chip designer ARM Holdings was under the cosh amid reports Apple - one of its biggest customers - will continue its reduced production of iPhones due to sluggish sales. At the same time, a downgrade to 'hold' from 'buy' from Jefferies weighed on the stock. According to the Nikkei,
Read more7th Apr 2016 13:04
(ShareCast News) - London's FTSE 100 index was down 0.1% to 6,154.99 at 1410 BST, although retailer M&S bucked the trend. Payments processor Worldpay was under pressure after private equity groups Advent International and Bain Capital sold a 12.5% stake in the company. Glencore fell after JP Morgan
Read more1st Apr 2016 15:46
(ShareCast News) - Numis sell-side analysts provided a list of their top picks among large and small cap stocks across the market, including ARM Holdings, Virgin Money, Derwent London, Tullow Oil, Northgate and Vectura. After another strong set of quarterly results, ARM remains the top pick as Numis
Read more1st Apr 2016 15:34
(ShareCast News) - Numis sell-side analysts provided a list of their top picks among large and small cap stocks across the market, including ARM Holdings, Virgin Money, Derwent London, Tullow Oil, Northgate and Vectura. After another strong set of quarterly results, ARM remains the top pick as Numis
Read more21st Mar 2016 18:08
(ShareCast News) - In its latest product launch event, Apple slightly underwhelmed with the launch of a smaller-screen new 'iPhone SE', a cheaper price for the Apple Watch wearable device and a new smaller 'iPad Pro' tablet. In response to huge worldwide demand for smaller phones that saw over 30m 4
Read more23rd Feb 2016 15:43
(ShareCast News) - Peel Hunt initiated coverage of chip designer ARM Holdings at 'buy' with a 1,200p price target, saying recent share price volatility was a buying opportunity. "We see a number of key growth segments going forward, as well as broader technology trends underpinning its strong positi
Read more11th Feb 2016 14:37
(ShareCast News) - The FTSE 100 resumed its slide on Thursday, with the blue-chip index dropping 80.51 points (1.42%) to 5,591.79 points by mid-afternoon. Banking shares were under pressure, with Barclays and Standard Chartered among the top fallers, after Societe Generale's profit warning added to
Read more11th Feb 2016 14:11
(ShareCast News) - The headwinds in the smartphone market in 2016, combined with slower royalty growth and the waning boost from the v8 product cycle, all meant that ARM Holdings current valuation multiples would come under pressure, broker Bernstein said. Royalty growth was set to slow towards appr
Read more11th Feb 2016 13:52
(ShareCast News) - ARM Holdings: JP Morgan reiterates neutral with a target of 950p, Exane BNP Paribas keeps at outperform, 1300p target, Deutsche Bank stays at hold, 1000p target, Goldman Sachs maintains buy with a target of 1400p, Citigroup keeps at neutral and Bryan, Garnier & Co reiterates buy.
Read more11th Feb 2016 11:35
(ShareCast News) - The Telegraph's Questor wasn't so hot on the UK banking sector as it published an in-depth look into it on Thursday The column noted that shares in the sector have fallen over 20% so far this year, due to fears about how it would cope in another downturn. It said there is an elem
Read more10th Feb 2016 14:26
(ShareCast News) - The FTSE 100 was set to turn things around on Wednesday, with the blue chip market up 48.39 points (0.86%) to 5,680.58 by mid-afternoon. Housebuilders were on the rise, including Taylor Wimpey, Berkeley Group Holdings and Barratt Developments, after sector peer Bellway reported st
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