23rd Apr 2015 08:42
Industrial materials engineer Bodycote enjoyed strong revenues in its aerospace division during the first quarter of the year, despite a decline in general industrial turnover due to weak agricultural equipment demand. The group's revenues were down 0.9% to £151.6m during the period, but were up 1.9
Read more26th Mar 2015 13:56
Fashion firm Supergroup topped the risers after saying it would begin paying dividends with an interim payout in its 2015-16 financial year. Chief executive Euan Sutherland also revealed a surprise repurchase of it North American rights. Energy stocks were trading higher as oil prices spiked, includ
Read more18th Mar 2015 12:41
Johnson Matthey: Deutsche Bank reiterates buy and 3,850p target. BAE Systems: Morgan Stanley lifts target to 570p from 515p and reiterates equalweight. BT Group: Nomura and UBS reiterate buy. Ashtead Group: UBS raises target to 1,130p from 1,070p and reiterates neutral. Rotork: Morgan Stanley imp
Read more16th Mar 2015 15:59
Bodycote: N+1 Singer downgrades to hold. Morrrison: Deutsche Bank lifts target to 210p from 190p and reiterates hold. Centrica: Deutsche Bank reiterates hold and 280p target price. Rio Tinto: HSBC downgrades to neutral. IGas Energy: Cannacord Genuity lowers target to 85p from 125p and reiterates
Read more9th Mar 2015 11:29
Barclays: Charles Stanley reiterates accumulate. Nomura stays at buy, ups target to 81p from 78p. Lloyds: Investec reiterates buy and 85p target price. RSA: Credit Suisse reiterates outperform recommendation and hikes target to 525p from 475p. Goldman downgrades to sell from neutral. ARM Holdings:
Read more26th Feb 2015 08:49
Industrial materials engineer Bodycote saw its profits rise during its full year despite continuing macro-economic uncertainties. The group's profit before tax increased 5.4% to £103.7m during 2014, driving earnings per share up from 38.5p to 41.7p. However, revenues were down 1.7% to £609.1m. At c
Read more1st Dec 2014 14:51
Oil and gas related stocks continued to slide on Monday after OPEC decided not to lower the rate of oil production on Thursday, causing crude prices to tumble below $70 a barrel, their lowest in over four and a half years. Afren suffered the biggest hit Monday afternoon, declining 9%, while Enquest,
Read more18th Nov 2014 09:42
Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric
Read more17th Nov 2014 12:20
UK stocks were still registering small losses come midday, weighed down by negative references out overnight from Asia, despite which miners were holding at the top of the leader board. As of 13:14 the Footsie was lower by 13 points to 6,640. Japan´s GDP contracted at a 1.6% annualised rate in the
Read more17th Nov 2014 10:32
African Barrick Gold: Investec reduces target price from 262p to 170p and downgrades to sell. Associated British Foods: Liberum initiates with a target price of 3470p and a buy recommendation. Bodycote: Investec lowers target price from 750p to 745p and maintains its buy recommendation. Centamin:
Read more17th Nov 2014 08:47
UK stocks began the day slightly lower, weighed down by negative references out overnight from Asia, despite which miners were registering the largest gains early on. Japan´s GDP contracted at a 1.6% annualised rate in the third quarter, a far weaker outcome than the 2.2% rate of expansion which ana
Read more17th Nov 2014 07:31
Industrial materials engineer Bodycote saw group revenues drop by 3.9% in the four months to 31 October on the back of adverse currency movements, alongside weakness at its aerospace and defence arm and in its automotive business in Western Europe. At actual exchange rates group revenues dropped by
Read more14th Nov 2014 14:06
Industrial engineering stocks were out of favour on Friday after Rotork and Castings disappointed with results and the market gave a muted reaction to a trading update from sector peer IMI. Rotork, the actuator manufacturing and flow-control company, saw shares drop 3.8% at 2,404p in afternoon trade
Read more10th Nov 2014 07:43
UK stocks are expected to kick off the week with modest gains as investors digest the latest data out from China over the weekend alongside an upbeat forecast for the British economy from CBI. City sources predict the FTSE 100 will open around 15 points higher than Friday's close of 6,567.24. Data
Read more10th Nov 2014 07:03
FTSE 250-listed Bodycote has signed an eight-year agreement with Messier-Bugatti-Dowty, an aircraft landing and braking systems manufacturer. Bodycote will provide thermal spray coating services for major commercial and military airframe component programmes, including the Boeing 787 and Airbus A350
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