Atkins buys Confluence Project Management
4th Oct 2013 07:07
Engineering group WS Atkins has bought Confluence Project Management for 8.4m pounds. Through the acquisition of the project management business, which has operations in Asia Pacific, the Middle East and India, Atkins hopes to grow its business in emerging markets. In the year to the end of June 2
Read moreFriday broker round-up UPDATE
27th Sep 2013 08:48
Admiral Group: Berenberg ups target price from 1060p to 1080p, but still recommends selling. Amlin: Berenberg reduces target price from 422p to 398p and downgrades to sell. Atkins (WS): JP Morgan increases target price from 1298p to 1348p and maintains an overweight rating. AZ Electronic Material
Read moreThursday broker round-up UPDATE
26th Sep 2013 08:22
African Barrick Gold: Deutsche Bank ups target price from 137p to 145p and maintains a hold recommendation. African Minerals: Macquarie reduces target price from 307p to 280p and reiterates an outperform rating. Deutsche Bank cuts target price from 450p to 423p, while its buy recommendation is kept
Read moreLondon pre-open: FTSE to edge higher ahead of GDP reports
26th Sep 2013 07:35
City sources predict the FTSE 100 will open up around six points from Wednesday's close of 6,551.53, ahead of the release of UK and US gross domestic product later today. Britain's economic growth for the second quarter is expected to hold steady, according to forecasts ahead of figures released l
Read moreUK growth boosts WS Atkins
26th Sep 2013 07:09
Design, engineering and project management consultancy WS Atkins said its overall performance in the six months to date remains in line with expectations, underpinned by strong growth in the UK. The outlook for the year remains unchanged and in line with expectations, it said, as it continues to we
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreWS Atkins sells loss-making Peter Brown
16th Aug 2013 07:32
WS Atkins has agreed to off-load its loss-making US construction management at risk business Peter Brown to privately-owned construction firm Moss & Associates for 2.6m pounds. The engineering consultancy group said it expected to report a loss of £3.0m on the disposal. Chief Executive Uwe Krueger
Read moreMonday broker round-up UPDATE
5th Aug 2013 07:06
Anglo American: Citi increases target price from 1400p to 1500p reiterating a neutral rating. Atkins: Jefferies raises target price from 950p to 1075p and retains a hold recommendation. Capita: Berenberg takes target price from 955p to 1060p, while downgrading from buy to hold. Cineworld Group: N
Read moreOcado co-founder, Dignity CEO trim stakes in companies
2nd Aug 2013 16:00
Ocado's co-founder Jason Gissing has sold more than three million pounds worth of shares. It is the first time he has sold shares since the online grocer floated in July 2010 and follows a meteoric climb in the share price this year. The family trust that holds his shareholding for him sold 1.07
Read moreAtkins reports in line trading statement for first quarter
31st Jul 2013 09:37
Engineering and project management consultancy Atkins said it performed in line with expectations in the first quarter, according to a trading update on Wednesday. The group continued to experience positive momentum in the UK, driven by the rail business. The water and environment business was su
Read moreFTSE 250 movers: Hochschild Mining jumps after Q2 update
17th Jul 2013 14:53
Mining stocks were in demand on Wednesday with precious metals group Hochschild Mining the standout performer after saying that it remains on track to hit its full-year production target of 20m silver equivalent ounces following an in-line second quarter. The company also said that its 'cashflow opt
Read moreLondon midday: Unanimous MPC vote on QE takes markets by surprise
17th Jul 2013 11:53
Minutes from this month's Monetary Policy Committee (MPC) meeting took markets by surprise on Wednesday morning, with the FTSE 100 slipping into the red after it was revealed that policymakers voted unanimously to leave the Bank of England's (BoE) bond-buying programme unchanged. Investors were lar
Read moreLondon open: Miners, financials gain ahead of BoE minutes
17th Jul 2013 08:30
Markets edged higher on Wednesday morning with strong gains in the mining and financial sectors providing a lift ahead of key announcements from central banks in the UK and US. The minutes of the latest Bank of England policy meeting are due out this morning with investors waiting to hear what Mark
Read moreThursday broker round-up UPDATE
20th Jun 2013 08:43
Ashtead Group: Jefferies takes target price from 690p to 750p and leaves its buy recommendation unchanged. ASOS: Deutsche Bank increases target price from 3300p to 3800p and reiterates a hold recommendation. Atkins: Liberum Capital takes target price from 1020p to 1100p and maintains a buy recomme
Read moreMonday broker round-up UPDATE
17th Jun 2013 07:21
Antofagasta: UBS reduces target price from 1140p to 1050p, while upgrading from neutral to buy. ARM Holdings: Analysts at Numis have cut their view on the shares to reduce from hold. Associated British Foods: Nomura cuts target price from 1800p to 1650p downgrading to reduce. Atkins: Jefferies u
Read more