Monday broker round-up UPDATE
17th Dec 2012 07:21
Aggreko: Panmure Gordon reduces target price from 2159p to 1935p, while keeping a hold recommendation. Investec downgrades to hold. Amara Mining: Investec starts with a target price of 89p and a buy rating. ASOS: Goldman Sachs increases target price from 3200p to 3600p and recommends a strong buy.
Read moreWednesday broker round-up UPDATE
21st Nov 2012 07:10
Avocet Mining: Goldman Sachs downgrades from neutral to sell. Barr (AG):Numis upgrades to add with a traget price of 525p. British Land: Morgan Stanley raises target price from 540p to 570p and upgrades to overweight. Jefferies raises target price from 554p to 561p, hold recommendation maintained.
Read moreAvocet Mining Chairman tops up stake after disappointing update
6th Nov 2012 16:21
Russell Edey, the Chairman of Avocet Mining since 2010, has boosted his stake by 100,000 shares, less than a week after the company saw its shares fall following a mixed third-quarter update. Edey purchased the shares at 63.75p a time for a total of £63,750. In an update last Thursday, the compa
Read moreAvocet Mining sinks on likely Inata reserve downgrade
1st Nov 2012 10:52
Shares in gold miner Avocet Mining fell following a mixed third quarter update in which it said that an anticipated reduction in the Inata Mineral Reserves at its Inata mine now makes expansion unlikely in the short term. David Cather, Chief Exectutive Officer explained that the company is re-estim
Read moreThursday broker round-up
1st Nov 2012 09:19
Antofagasta: UBS ups target from 1,080p to 1,100p, sell rating kept. Avocet Mining: Numis downgrades to add, target cut from 130p to 90p; Westhouse Securities downgrades to sell, 1,434p target kept. Bank of Georgia: Seymour Pierce reiterates buy rating and 1,600p target. Barratt Developments: Gol
Read moreBroker tips: Gold stocks, Imperial, JD Wetherspoon
14th Sep 2012 10:53
With gold prices jumping after the announcement of further quantitative easing (QE) from the Federal Reserve last night, Nomura has maintained its 'bullish' view on the sector. "Following yesterday's Federal Open Market Committee (FOMC) announcement of a new open-ended QE programme, gold prices hav
Read moreBroker snap: Gold equities to gain on QE, says Nomura
14th Sep 2012 09:30
With gold prices jumping after the announcement of further quantitative easing (QE) from the Federal Reserve last night, Nomura has maintained its 'bullish' view on the sector. "Following yesterday's Federal Open Market Committee (FOMC) announcement of a new open-ended QE programme, gold prices hav
Read moreCranswick newly departed CEO sells shares post-exercise
6th Aug 2012 16:05
Bernard Hoggarth, the now former Chief Executive Officer of Cranswick, sold all of the 30,2225 shares he exercised under the company's long term incentive plan, just two days after he signed off from the FTSE 250 food producer. Hoggarth, who will stay on as Commercial Director on a part-time basis
Read moreLondon close: Stocks higher despite remarks from German minister
1st Aug 2012 16:30
UK investors were in the mood to accentuate the positive on Wednesday, focusing on some solid trading updates and shrugging off disappointing manufacturing data. UK manufacturing production fell at its fastest pace in over two years in July, recording substantial declines in output and new orders.
Read moreLondon midday: Footsie shrugs off PMI disappointment
1st Aug 2012 11:51
Footsie ended the morning close to its highest level of the day, despite UK manufacturing data giving investors pause for thought earlier on. UK manufacturing production fell at its fastest pace in over two years in July, recording substantial declines in output and new orders. Markit's Purchasi
Read moreAvocet stops dividend after poor Q2
1st Aug 2012 08:24
West African gold miner, Avocet Mining, saw profits slump in the second quarter after poor performance in Burkina Faso. In response to the weaker numbers the board said it would pay no dividend in the 2012 financial year. Production and cash costs at the firm's 90%-owned Inata Gold Mine were weake
Read moreLondon midday: Markets celebrate global corporate earnings
19th Jul 2012 11:45
- Corporate earnings lift sentiment - UK June retail sales meet forecasts as prices drop - Kingfisher falls after rain dampens sales European stock markets were firmly in the blue on Thursday morning on the back a barrage of upbeat quarterly earnings reports from blue chips across the globe. "A co
Read moreThursday broker round-up
19th Jul 2012 09:43
Afren: JP Morgan Cazenove reiterates overweight. Avocet: Westhouse Securities upgrades to buy. Barclays: Goldman Sachs upgrades to neutral, target cut from 250p to 220p. BG Group: Credit Suisse downgrades from outperform to neutral, target cut from 1,660p to 1,500p. British American Tobacco: Inv
Read moreLondon open: Footsie edges higher, but Kingfisher falls
19th Jul 2012 08:23
- Kingfisher leads fallers on the Footsie - Upbeat European earnings lift sentiment - Fed says US expanding at 'modest to moderate' rate UK stocks edged higher in early trading on Thursday on the back of some upbeat earnings reports from heavyweight European stocks AkzoNobel, Sandvik and Novartis.
Read moreAvocet CEO to resign with immediate effect
19th Jul 2012 07:42
West Africa-focused gold miner Avocet Mining has revealed that its Chief Executive Officer (CEO) is to resign and will be replaced by the group's Chief Operating Officer (COO). CEO Brett Richards will stand down with immediate effect, Avocet announced on Thursday, just one month after the firm scal
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