Thursday broker round-up UPDATE
9th May 2013 07:23
Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation. Anite: Panmure Gordon shifts target price from 170p to 171p and maintains a buy recommendation. Atkins: Credit Suisse raises target price from 770p to 822p, but downgrades to underperform. Avacta Group:
Read moreMonday broker round-up UPDATE
4th Mar 2013 07:12
Aggreko: JP Morgan takes target price from 1845p to 1870p, while reiterating a neutral rating. Anglo American: Nomura reduces target price from 1800p to 1700p and downgrades from neutral to reduce. ARM Holdings: Deutsche Bank increases target price from 400p to 445p, but still recommends selling.
Read moreBritish Polythene sales fall, as expected
28th Aug 2012 13:12
Manufacturing firm British Polythene Industries (BPI) delivered first-half results that were in line with expectations and broadly similar to the corresponding period in 2011, despite a seven per cent decline in sales. This drop in revenue, from £293.0m to £273.1m, was the result of a five per cen
Read moreThree directors buy up shares in Aga Rangemaster
9th Mar 2012 16:18
Shaun Smith, the Finance Director of cooker maker Aga Rangemaster, has bought 16,090 shares in the firm, on the same day the company revealed a rise in operating profits despite falling revenue. Smith purchased the shares at 87.00p each for a total of £13,998. The Chief Executive, William McGrat
Read moreBroker tips: SABMiller, British Polythene, WSP
20th Dec 2011 12:41
Nomura has reiterated its buy rating on drinks giant SABMiller, saying that that it expects the Foster's business to get off to a strong start following the completion of the acquisition last Friday. "We believe the company could look 'smart' in a year's time, entering the Australia beer market at
Read moreBroker snap: Solid year for British Polythene, says Investec
20th Dec 2011 12:21
Investec has maintained its buy recommendation on British Polythene Industries (BPI) after the manufacturing firm revealed this morning that full-year results would come in at the top end of expectations. The broker notes that trading has remained consistent with that described in the group's Novem
Read moreBPI results to be at top of expectations
20th Dec 2011 10:20
Manufacturing firm British Polythene Industries (BPI) said its full year results would come in at the top end of expectations. It said structural changes it recently made in the UK, as well as a strong performance from its European business allowed it to overcome a difficult trading environment. I
Read moreTuesday broker round-up - UPDATE
20th Dec 2011 09:34
SABMiller: Nomura reiterates buy recommendation and 2,500p target. British Polythene Industries: Investec reiterates buy rating and 400p target. Renewable Energy Generation: Evolution Securities keeps buy stance and 90p target. Geong International: Evolution Securities maintains buy and 50p targe
Read moreBritish Polythene remains cautious despite profit rise
30th Aug 2011 16:11
Manufacturing firm British Polythene Industries (BPI) is not counting its chickens yet despite a strong performance for the six month period to 30 June. The group saw its pre-tax profits boosted by £2m to £15.1m, with profit after tax up from £10.2m to £11.4m. Borrowings also improved, reducing
Read moreBritish Polythene hit by rising material prices
7th Mar 2011 12:18
Sales at British Polythene grew 12.5% last year but profits were affected by higher input costs. The company, which manufactures polythene products for various markets including agriculture and packaging, saw revenue grow to £478m, from £425m as the construction and industrial sectors rallied while
Read moreBritish Polythene faces rising costs
22nd Dec 2010 07:51
British Polythene Industries (BPI) expects full-year results to be within the range of current market expectations, but rising costs remain a problem. "Raw material costs and availability continue to be an issue and our suppliers are seeking further increases for January," the company said Wednesda
Read moreSmall caps round-up: Roxi Petroleum, British Polythene Industries...
15th Nov 2010 10:17
Shares in Roxi Petroleum fell back after the Kazakhstan-focused oil explorer reported 'disappointing' results from drilling at one of its wells. It said that 'good quality Jurassic sands were perforated at Well 806, but that 'after perforating the well did not flow naturally.' Chief executive Davi
Read moreWednesday tips round-up: Vodafone, BPI, UTV Media...
1st Sep 2010 06:42
Vodafone chief executive Vittorio Colao has taken about a billion of costs out of the group, which will generate free cashflow of £6.5bn over each of the next three years. Vodafone does not need the windfalls coming in from China or anywhere else; analysts are dreaming of share buybacks, but no gu
Read moreUK SMALLCAP ROUNDUP: E-Therapeutics Seeks Pharma Alliances
29th Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps E-THERAPEUTICS PLC (ETX.LN), a U.K. drug developer, said Tuesday its focus this year and next will be on clinical trials of its experimental medicines an
Read moreUK SMALLCAP ROUNDUP: Chloride Up As Emerson Trumps ABB
29th Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps EMERSON ELECTRIC CO. (EMR), a U.S. power and industrial-automation company, Tuesday returned with a sweetened offer to buy CHLORIDE GROUP PLC (CHLD.LN) f
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