Sunday share tips: British American Tobacco, BT Group, Luceco,
30th Oct 2016 16:11
(ShareCast News) - Buy shares in British American Tobacco, said the Sunday Times' Inside the City column as the cigarette maker tries to buy rival Reynolds American. Though the industry faces innumerable hurdles, cigarette companies keep rewarding those hooked on yield. As BAT made a £4.56bn profit
Read moreSector movers: Goldman boosts grocers, Deutsche wary on steel
26th Oct 2016 16:02
(ShareCast News) - Gains for Sainsbury and Tesco saw grocers rise to the top of the leaderboard following upwards price target revisions out of Goldman Sachs, although the underlying commentary was somewhat less than flattering. The broker removed Sainsbury from its 'Conviction' sell-list, 'promotin
Read moreS&P places British American Tobacco's debt on CreditWatch Negative
24th Oct 2016 17:50
(ShareCast News) - Analysts at Standard&Poor's placed British American Tobacco's long-term corporate debt on 'CreditWatch Negative' in the wake of reports that it might be set to bid for the roughly 58% of Reynolds American which it does not already own. Should it proceed, and based on the rating ag
Read moreSector movers: BATS and Hunting weigh on market
21st Oct 2016 15:01
(ShareCast News) - The more cyclical areas of the market, such as steel and mining were clearly in the lead during the final session of the week, buoyed perhaps by news that Chinese home price growth accelerated in September to a 11.2% year-on-year pace from 9.2% in the prior month. Investors in aut
Read moreBritish American Tobacco launches take-over of Reynolds
21st Oct 2016 07:17
(ShareCast News) - British American Tobacco launched a $47bn cash and shares take-over offer for the 57.8% of Reynolds American which it did not already own. London-listed BAT had not held prior negotiations with Reynolds, the company said in a statement. The offer valued Reynolds at $56.50 a share
Read moreWednesday broker round-up
19th Oct 2016 12:06
(ShareCast News) - B&M European value retail: Goldman Sachs keeps at buy with a target price of 274p. Zoopla: Berenberg reiterates buy, 400p target. Bellway: Jefferies keeps at buy with a 2857p target. IAG: Credit Suisse upgrades to outperform with a 469p target. British American Tobacco: JP Morg
Read moreTuesday broker round-up
11th Oct 2016 14:54
(ShareCast News) - Easyjet: Deutsche Bank keeps at hold with a target price of 1000p. BP: HSBC reiterates buy, 570p target. Petrofac: Credit Suisse keeps at outperform with a 1100p target. British American Tobacco: Jefferies reiterates buy with a 6000p target. Royal Dutch Shell: HSBC keeps at bu
Read moreCredit Suisse downgrades Imperial Brands, cuts target price
21st Sep 2016 15:26
(ShareCast News) - Strained consumer finances and the prospect of stiffer competition in the value segment of the market meant that Imperial Brands's shares were trading at too narrow a discount versus those of British American Tobacco, Credit Suisse said. Above all, the typical smoker's expenditure
Read moreTuesday broker round-up
30th Aug 2016 09:24
(ShareCast News) - Glencore: Jefferies reiterates hold with a target price of 180p. British American Tobacco: UBS maintains buy with a 5300p target. Smiths Group: Barclays reiterates overweight with a 1300p target. South 32: Exane BNP Paribas reiterates outperform with a 130p target. Diageo: Bere
Read moreDirectors dealings: Tate & Lyle's CFO sells after encouraging trading update
22nd Aug 2016 16:22
(ShareCast News) - Tate & Lyle's chief financial officer, Nick Hampton, has sold more than £330,000 of the company's shares a month after it reported an encouraging start to the year. On 21 July, Tate & Lyle said it has made a strong start to the year with profit ahead of the comparative period in c
Read moreMonday broker round-up
1st Aug 2016 09:49
(ShareCast News) - Thomas Cook: Berenberg reiterates hol d with a target price of 60p. Diageo: JP Morgan maintains overweight with a 2400p target. Indivior: Jefferies reiterates buy with a 330p target. Anglo American: HSBC stays at hold with a 930p target. Just Eat: UBS keeps at sell with a targ
Read moreExchange rates hurt first half at British American Tobacco
28th Jul 2016 08:50
(ShareCast News) - Cigarette manufacturing giant British American Tobacco posted its half-year results for the six months to 30 June on Thursday, with group revenue up 7.8% at constant rates of exchange to £6.9bn, or 6.0% on an organic basis. The FTSE 100 firm said this was driven by a strong volume
Read moreSunday share tips: EasyJet, Randgold, Imperial Brands, AstraZeneca
26th Jun 2016 14:03
(ShareCast News) - Sell EasyJet shares due to the likely turbulence sparked by the Brexit vote, said the Sunday Times' Inside the City column. The budget airline was created by Stelios Haji-Ioannou in the wake of the 1992 European Union Treaty on Open Skies, one of the supposedly rare bits of Brusse
Read moreHigh-div stocks pace gains
16th Jun 2016 22:26
(ShareCast News) - Losses on the top flight index were contained by gains in shares of several of the most-reliable dividend payers on the London market, including the likes of BP, British American Tobacco and Royal Dutch Shell. Hence, a certain safe-haven bid, even within pound assets, appeared to
Read moreTobacco companies lose High Court challenge over plain packaging
19th May 2016 12:36
(ShareCast News) - Tobacco firms have lost a High Court challenge against the government's new plain packaging rules, which are due to kick in on Friday. The challenge was led by Philip Morris International and British American Tobacco, while Imperial Brands and Japan Tobacco International were int
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