N Brown Group non-exec takes stake in company after share price falls

10th Oct 2013 16:35

Simon Patterson, Non-Executive Director of N Brown Group, has taken advantage of the recent decline in its share price to acquire 10,000 shares in the online and catalogue retailer. Patterson bought the shares, his only holding in the company, at 463.54p for a total spend of £46,354. The previous

Read more

Friday 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 more

IG Group CEO sells 5.1m-pound stake

25th Jul 2013 15:57

Tim Howkins, the Chief Executive Officer of spread-betting firm IG Group, sold over five million pounds-worth of shares in the company this week, just one day after the firm unveiled record annual profits. Howkins, who joined IG as Finance Director back in 1999, disposed of a total of 903,103 share

Read more

London close: Gains erased after US data misses forecasts

23rd Jul 2013 16:28

Worse-than-expected economic data from the US saw markets across Europe erase their earlier gains on Tuesday, as the FTSE 100 fell into the red despite a strong performance in the mining sector.. Home prices in the States continued to increase in May but at a worse-than-expected rate: the Federal H

Read more

Beazley's first half profits fall as investment returns drop

23rd Jul 2013 10:34

Insurance giant Beazley's profits fell in the first half due to reduced investment income and the impact of foreign exchange losses. Profit before tax came to $82.3m for the six months to the end of June, down from $82.3m the previous year, despite an increase in gross premiums written to $1.06bn f

Read more

Tuesday preview: PZ Cussons unveils full-year results

22nd Jul 2013 13:39

Consumer products giant PZ Cussons will on Tuesday unleash its preliminary results for the full-year to end of March. Last month in a trading update, the company said its annual earnings were in line with expectations as it delivered a return to profitable growth for the year. Without providing an

Read more

Thursday 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 more

Wednesday broker round-up UPDATE

22nd May 2013 09:37

Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation. Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation. Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.

Read more

Unilever director builds stake

20th May 2013 16:30

Ann Fudge, a non-executive director of consumer goods company Unilever has purchased 1,350 American depository receipts, each of which represents one ordinary share. The shares were bought at 2,843.50p each for £38,387 in total. At the end of last month the Anglo-Dutch group admitted that grwoth

Read more

Beazley posts 11 per cent rise in gross written premiums

9th May 2013 09:26

Beazley, which provides risk insurance and reinsurance products, reported an 11 per cent increase in gross written premiums to 518m dollars in the first quarter. The company said the first three months were driven by a 24% jump in premiums in the marine division. The unit was supported by growth in

Read more

Mulberry non-executive opens account

9th Apr 2013 15:50

A Non-Executive Director of high-end designer Mulberry has underlined his support for troubled company with the purchase of 10,000 shares. Steve Grapstein purchased the shares - which mark his only holding in the group - in two equal tranches. The first half were bought for 920p, and the second f

Read more

Wednesday broker round-up UPDATE

20th Feb 2013 07:04

Amara Mining: Goldman Sachs moves target price from 90p to 55p downgrading to neutral. Aureus Mining: Goldman Sachs revises target price from 65p to 55p retaining a neutral rating. Avocet Mining: Goldman Sachs cuts target price from 55p to 30p and upgrades from sell to neutral. AZ Electronic Mate

Read more

Tuesday broker round-up UPDATE

19th Feb 2013 07:30

Admiral Group: Investec takes target price from 570p to 582p, but still recommends selling. Advanced Medical Solutions: Investec upgrades from hold to buy with a target price of 68p. African Barrick Gold: Canaccord Genuity reduces target price from 360p to 305p keeping a hold rating. Anglo Americ

Read more

Friday broker round-up UPDATE

8th Feb 2013 07:19

Aggreko: HSBC upgrades to neutral with a target price of 1650p. Anglo American: HSBC ups target price from 1950p to 2240p and upgrades to overweight. Antofagasta: HSBC reduces target price from 1200p to 1160p, while upgrading to neutral. ARM Holdings: Credit Suisse increases target price from 780

Read more

FTSE 250 movers: Ophir falls on placing news

7th Feb 2013 15:22

Shares in Ophir Energy fell after Credit Suisse confirmed that it has sold 36m shares on behalf the investment funds of two stakeholders, Och-Ziff Capital Management and Mittal Investments. The news overshadowed a positive update from the company also out today, in which the group said that its 40

Read more