Broker tips: Whitbread, National Grid, BBA Aviation
7th Mar 2011 12:31
Nomura trims earnings estimates at Whitbread due to increased costs, but revenue assumptions are unchanged and the broker keeps its 'buy rating. Fourth quarter revenue for the hotel, coffee shops and pubs group was in line with expectations and full year turnover is likely to show a like-for-life (
Read moreBroker snap: BBA Aviation placing presents buying opportunity
7th Mar 2011 10:29
UBS upgrades aviation services provider BBA Aviation after a strong 2010 and a share placing which signals a return to expansionary activity. While 2010 saw market volumes in business jet activity increase 10%, the broker expects growth to slow due to tougher comparatives, but still predicts BBA's
Read moreFD's wife snaps up Micro Focus shares
3rd Mar 2011 16:51
The wife of Micro Focus International finance director Mike Phillips has taken advantage of the weak share price to invest £90,000 in the software provider's shares. Mrs Josephine Phillips has bought 29,139 shares at 308.86p each. That takes her stake to 69,139 shares. The shares were trading at
Read moreBBA Aviation shares fall despite profit rise
2nd Mar 2011 16:18
It was a busy day for aviation services provider BBA Aviation, which announced a 42% jump in profits, a placing to raise nearly £90m and an acquisition worth over $60m. Pre-tax profit increased from £60m to £85.2m in the 12 months to 31 December, while revenues grew 9% to £1.18bn, from £1.08bn prev
Read moreFTSE 250 movers: BBA Aviation lower after placing
2nd Mar 2011 13:37
BBA Aviation is providing a drag after the aviation services provider proposed a placing of up to 9.99% to raise cash for acquisitions. Meanwhile, terrestrial broadcaster ITV is surging after promising an interim dividend after bumping up profits by almost 200% in 2010. Not too far behind is stude
Read moreFriday tips round-up: Vodafone, Balfour Beatty, RSA...
12th Nov 2010 06:51
In an attempt to "create a more valuable Vodafone" the world's largest mobile phone group will focus its efforts on Europe, India and Africa. To underscore this point the group also revealed that it planned to sell its interest in Japanese wireless operator Softbank for £3.1bn. This money will be
Read moreSector movers: BT boosts telecoms sector
11th Nov 2010 14:22
BT is putting in a sparkling performance today, helping lift the telecoms sector higher. The telecoms titan BT increased earnings forecasts for the full-year after bumping up profits by 13% during the second quarter. It was a good period for BT Broadband, with net additions of 114,000, representin
Read moreBBA still flying high
11th Nov 2010 09:09
Aircraft services group BBA said flying activity continued to rise in the period between 1 July 2010 and 10 November 2010. Revenues for the four months to 31 October are up by 6% on an organic basis from the same period the previous year. The company said it continues to see strong cash conversio
Read moreSector movers: Travel stocks take off
5th Oct 2010 15:18
TUI Travel gives the travel sector a lift after it allayed fears about full year trading by saying it is confident results will be in line with previous guidance. Summer holiday bookings in the year to September 26 were up, year on year, in all regions except the Netherlands, which showed a 2% fall.
Read moreFriday tips round-up: Rio Tinto, Randgold Resources, Schroders
6th Aug 2010 06:38
Rio Tinto's must rate as one of the most spectacular debt-reduction strategies of modern times and leaves the miner with gearing of 20%. The restructuring should give investors renewed confidence in Rio's balance sheet but, more importantly, it will enable the miner to fund future growth projects.
Read moreLondon close: Footsie finishes lower
5th Aug 2010 16:56
Blue chips closed lower on a mixed day for company results. Insurers rose on the back of figures from Aviva and RSA, but banks slipped back on Barclays' numbers. Disappointing unemployment data from the US also undermined confidence, while the decision from the Bank of England and ECB to keep inter
Read moreLondon afternoon: Insurers in demand
5th Aug 2010 14:23
Company results have divided opinion in the market today leaving the FTSE 100 in a mixed-up mood, while second-liners make decisive headway. Insurers are doing their bit to push the market higher with Aviva and RSA Insurance both firmer after releasing figures. Aviva reported a better-than-expect
Read moreBBA Aviation cautious despite profit hike
5th Aug 2010 09:11
Aircraft services provider BBA Aviation posted a rise in profits in the first half as the aviation industry emerged from the downturn, but said the economic recovery remains uncertain. BBA, whose activities include refuelling and baggage handling, posted a pre-tax profit of £39m in the six months
Read moreinside-analytics.com / Weekly Top 10 European Insider Transactions
14th Jun 2010 07:55
inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 6 to 13-June-2010 Top 10 Largest Directors' Purchases: 1) ASSICURAZIONI GENERALI SPA Insider: Caltagirone, Francesco Gaetano Insider Relation: Independent Director Transaction Date: 4 - 8-June-
Read moreC&W Communications bosses buy
11th Jun 2010 16:40
Two executive directors of Cable & Wireless Communications have taken advantage of the shares going ex-dividend on Wednesday and added to their shareholdings. The final dividend payment of 3.34p a share is the first dividend since Cable & Wireless Worldwide was spun off. Chief executive Tony Ric
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