Pace Chief builds stake after impressive round of results
10th Mar 2014 15:58
Michael Pulli, the Chief Executive Officer of Pace, on Monday announced he had increased his interest in the subscription television, telephony and broadband services technology design group. FTSE 250-listed Pace said he maintained 182,098 shares awarded to him under the 2011 deferred share plan,
Read more'Take profits' on UK housebuilders after strong run, says Credit Suisse
5th Mar 2014 10:29
Credit Suisse has downgraded its rating for the UK housebuilding sector from 'overweight' to 'market weight', telling investors that it is time to take profits. After the "very significant move" in share prices and valuations across the sector, the bank said this is "as good as it gets", removing i
Read moreWednesday broker round-up UPDATE
5th Mar 2014 10:02
Abcam: Investec reduces target price from 552p to 480p and reiterates its buy recommendation. Numis upgrades from hold to buy with a target price 510p. Advanced Medical Solutions: Canaccord Genuity shifts target price from 94p to 101p and keeps a hold recommendation. African Barrick Gold: Nomura r
Read moreSunday share tips: Intecontinental Hotels, Rio Tinto, Pendragon
16th Feb 2014 18:09
Holders of shares in Intercontinental Hotels Group may want to extend their stay, the Sunday Times's Danny Fortson says. In his Inside the City column, Fortson said the owner of Holiday Inn and Crowne Plaza has returned more than $9bn to shareholders since it was de-merged from Bass in 1993. Another
Read moreTuesday broker round-up UPDATE
4th Feb 2014 09:20
Alumasc: FinnCap ups target price from 142p to 167p and retains its buy recommendation. Barratt Developments: Barclays increases target price from 444.7p to 471.2p and keeps an overweight rating. Bellway: Barclays raises target price from 1498.1p to 1552.6p, but keeps an underweight rating. Berke
Read moreBerkeley directors trade in vested shares
31st Jan 2014 15:49
Three directors of Berkeley Group have sold a collective 65.29m pounds-worth of shares in the housebuilder after they vested under the group's long-term incentive plan. A statement from the company said the proceeds were used principally to enable them to meet the tax, national insurance and costs
Read moreFriday broker round-up UPDATE
31st Jan 2014 09:43
Aberdeen Asset Management: Berenberg cuts target price from 555p to 530p staying with its buy recommendation. Amlin: Canaccord Genuity moves target price from 420p to 430p reiterating a hold recommendation. ARM Holdings: Credit Suisse cuts target price from 1150p to 1100p and reiterates an outperf
Read moreLondon close: Markets close higher in shortened session, Debenhams sinks
31st Dec 2013 12:48
- Real estate, housing stocks buoy markets - Debenhams drops after gloomy Christmas update - FTSE 100 up 14.4 per cent in 2013 - US data in focus later on techMARK 2,781.28 -0.02% FTSE 100 6,749.09 +0.26% FTSE 250 15,935.35 +0.22% Stocks finished moderately higher in a shortened session on Tuesday
Read moreLondon midday: Markets hold on to gains but Debenhams drops
31st Dec 2013 11:36
- Real estate, housing stocks buoy markets - Debenhams drops after gloomy Christmas update - US data in focus later on techMARK 2,781.38 -0.02% FTSE 100 6,750.03 +0.28% FTSE 250 15,900.19 -0.00% The FTSE 100 held on to gains on Tuesday morning despite a trading update from Debenhams dampening sent
Read moreLondon close: Stocks rise as authorities monitor house prices
23rd Dec 2013 16:14
- Cable calls attention to rising house prices in London and South East - John Lewis sees sales pick up in latest week - Economists react positively to personal spending US data Market Movers techMARK 2,761.72 +0.89% FTSE 100 6,678.61 +1.09% FTSE 250 15,741.67 +0.67% The Footsie registered a lar
Read moreBroker tips: Serco, Berkeley Group, IFG
23rd Dec 2013 13:34
Serco has made positive steps to rebuilding its reputation with the UK government after winning a contract extension with the Minister of Justice (MoJ), according to Panmure Gordon. The service group expanded its contract to build and run an extension to HMP Thameside in south-east London, worth a
Read moreBroker snap: Berkeley a strong performer but look elsewhere, says Jefferies
23rd Dec 2013 10:27
Berkeley Group Holdings is a "strong performer" but there are greater value opportunities elsewhere, according to Jefferies International. The broker reiterated a 'hold' rating and raised its price target by 2.5% to 2,459p following the housebuilder's half year results which were in line with guida
Read moreLondon close: Markets flat as investors turn cautious ahead of Fed
18th Dec 2013 16:41
- Stocks trading within narrow range ahead of Fed - Fed decision due at 19:00 London time - BoE votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low techMARK 2,697.26 +0.47% FTSE 100 6,492.08 +0.09% FTSE 250 15,366.70 +0.12% Markets finished b
Read moreFTSE 250 movers: bwin.party jumps on confident outlook
18th Dec 2013 15:51
Online gambling group bwin.party surged on Wednesday after saying that trading in the final quarter was in line with management's expectations. The firm also said that the outlook for 2014 remains positive, with new product launches, continued mobile expansion, prospects for further growth in the US
Read moreLondon midday: Markets await Fed as data turns heat up on MPC
18th Dec 2013 11:16
- Taper speculation picks up ahead of Fed decision - MPC votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low - Retailers under the weather techMARK 2,693.27 +0.32% FTSE 100 6,500.40 +0.22% FTSE 250 15,391.16 +0.28% UK markets held on to gains
Read more