Wednesday tips round-up: AstraZeneca, AG Barr
28th May 2014 07:46
Shares of AstraZeneca continue to trade well above the price at which they were at before Pfizer came along - 37 pounds. However, it seems implausible that investors are still holding out on hopes of another bid coming through. Rather, it is probably a reflection of the ambitious growth targets whic
Read moreTuesday broker round-up UPDATE
27th May 2014 09:17
African Minerals: Canaccord Genuity cuts target price from 295p to 230p and maintains a buy recommendation. AG Barr: Investec ups target price from 620p to 645p retaining an add rating. ARM Holdings: Numis increases target price from 880p to 920p keeping a hold recommendation. AVEVA Group: Invest
Read moreLondon pre-open: FTSE to play catch up after strong gains in Europe
27th May 2014 07:31
The UK stock market is expected to open strongly on Tuesday morning as traders return to their desks in a bullish mood following an impressive performance on European bourses the day before. City sources predict the FTSE 100 will open around 24 points higher than Friday's close of 6,815.75. While
Read moreAG Barr on track to meet full-year targets
27th May 2014 07:15
- Interim revenue up five per cent - John Nicolson to replace Chairman Ronnie Hanna after he retires - Confident of delivering on full-year targets Soft drinks maker AG Barr announced Chairman Ronnie Hanna will retire in December this year as it increased revenue by 5.2 per cent in the 15 weeks to
Read moreAG Barr Finance Director reduces stake, Aggreko Executive builds his
13th May 2014 15:23
The wife of Alex Short, the Finance Director of AG Barr, sold 15,000 shares in the group, thereby reducing his holding in the soft drinks group to 37,711. The 610.00p-a-share sale had a total trade value of £91,500. Meanwhile, David Taylor-Smith, an Executive Director of power solutions group Agg
Read moreTuesday broker round-up UPDATE
1st Apr 2014 09:39
African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains
Read moreAG Barr toasts full-year profit rise
25th Mar 2014 06:59
- Strong growth from carbonates segment - Outperforms soft drinks market - Confident outlook, lifts dividend 10 per cent AG Barr served up an improved set of full-year earnings after particularly strong growth from its fizzy drinks segment and said is confident in its future prospects despite a cha
Read moreFTSE 250 movers: Imagination Tech extends recent declines
23rd Jan 2014 15:25
Imagination Technologies Group was once again a big faller despite Liberum Capital recommending investors buy the stock, saying it was 'overhyped on the way up and has been oversold on the way down'. The share price has fallen from 552p in March 2013 to its current level of less than 193p. IP Grou
Read moreThursday broker round-up UPDATE
23rd Jan 2014 09:12
Afren: Investec ups target price from 170p to 200p and maintains a buy recommendation. AG Barr: Investec raises target price from 585p to 620p retaining an add rating. Canaccord Genuity ups target price from 630p to 650p and keeps a buy recommendation. Arbuthnot: Numis downgrades from add to hold
Read moreAG Barr on course for full-year targets
23rd Jan 2014 07:41
- Expects to hit full-year targets - Volatile consumer demand and weather patterns - Confident of future growth despite tough market Soft drinks maker AG Barr said trading remained strong in the final quarter of the financial year and it expects full-year revenue of around £252m, reflecting yea
Read moreThursday preview: easyJet reports first quarter results
22nd Jan 2014 15:49
easyJet's first quarter is expected to have been disrupted by the power outage the Gatwick North Terminal over Christmas and winter storms, Numis said ahead of the airline's results on Thursday. However, the broker believes that overall the disruption is unlikely to have had a material negative imp
Read moreTesco Chairman keeps the faith after recent poor update
17th Jan 2014 16:54
Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday. Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122. The purchase was made less than a week after the company p
Read moreFriday tips round-up: Pearson, AG Barr
6th Dec 2013 09:02
Pearson has a long tradition spanning multiple sectors. Yet from the original weird collection of business interests held by the founding Cowdray family the Financial Times is the only surviving unit. Might it too be one day sold off? Not likely any time soon. New Chief Executive Officer John Fallon
Read moreLondon open: FTSE 100 flat at seven-week low ahead of busy day
5th Dec 2013 08:23
- FTSE 100 at lowest level since October 14th - Central bank meetings, Autumn Statement in focus - Investors cautious ahead of jobs report tomorrow techMARK 2,644.71 +0.02% FTSE 100 6,509.08 -0.01% FTSE 250 15,152.45 +0.16% UK stocks opened broadly flat on Thursday morning with the FTSE 100 tradin
Read moreLondon pre-open: Falls expected ahead of policy decisions, Autumn Statement
5th Dec 2013 07:37
- Taper fears continue to erode risk appetite - BoE, ECB in focus ahead of policy decisions - Autumn Statement due out UK markets are expected to fall again on Thursday after hitting their lowest level in over seven weeks, as speculation surrounding a withdrawal of stimulus in the States continues
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