Thursday preview: Sage and BT Group report results
4th May 2016 12:44
(ShareCast News) - Software company Sage is expected to report growth in its first half interims on Thursday, supported by an increase in sales and foreign exchange improvements. Numis has forecast revenue will rise to £729m from £706 the previous year and earnings before interest, tax, depreciation
Read moreSector movers: Insurers and telecoms lead gains
3rd May 2016 18:06
(ShareCast News) - Insurers led the way higher on Tuesday, boosted by positive coverage from some of the largest brokers, including Barclays and Macquarie. RSA Insurance was the standout gainer on Tuesday as Barclays upgraded the stock to 'overweight' from 'equalweight' and lifted the price target t
Read moreTuesday broker round-up
3rd May 2016 15:50
(ShareCast News) - Tullow Oil: Goldman Sachs upgrades to buy with a 274,30p target. RSA Insurance: Barclays upgrades to overweight with a 545p target. RBS: UBS reiterates neutral with a target price of 250p Barclays reiterates equal-weight with a target of 270p and Goldman Sachs stays at buy with 3
Read moreTuesday newspaper round-up: Data leaks, UK confidence, Barclays, BT
3rd May 2016 06:33
(ShareCast News) - US investors may be profiting from leaked economic data releases that allow them to front-run market-moving news, according to a research paper published by the European Central Bank. Macroeconomic news announcements can move markets, as traders watch for indications about how the
Read moreFriday broker round-up
29th Apr 2016 12:44
(ShareCast News) - BT Group: UBS upgrades to neutral with a 430p target. Howden Joinery: JP Morgan reiterates overweight with a 570p target. Weir: HSBC upgrades to hold with a target price of 1150p JP Morgan reiterates underweight with a target of 735p and Jefferies stays at underperform with 730p
Read moreMonday newspaper round-up: Goldman, BHS, Barclays, EE
25th Apr 2016 07:18
(ShareCast News) - For almost 150 years Goldman Sachs has been the go-to bank of the rich and powerful. But now the Wall Street titan is opening up to the masses on Main Street by offering online savings accounts for as little as $1 on deposit. Goldman's shift down market comes as the bank is under
Read moreSunday share tips: BT Group, Bacanora Minerals
24th Apr 2016 11:49
(ShareCast News) - Shares in BT Group returned almost three times as much as its benchmark as it used its stranglehold on rivals' access to its broadband network to build up its own product offerings, but things are about to change, The Sunday Times's Danny Fortson says in his Inside the City column
Read moreWednesday broker round-up
20th Apr 2016 15:54
(ShareCast News) - Zoopla: Exane BNP Paribas reiterates neutral with a target price of 270p and Canaccord upgrades to buy with a 330p target. Ashmore: Barclays stays at underweight with a 250p target, Societe Generale downgrades to hold with a target price of 295p and Exane BNP Paribas downgrades to
Read moreBroker tips: N Brown, Burberry, BT Group
20th Apr 2016 12:53
(ShareCast News) - Broker Peel Hunt downgraded N Brown to 'reduce' after the specialist fit clothing retailer ran into challenging conditions in the new financial year. Final results were also slightly disappointing, with profit before tax of £84.5m, which was below the broker's £86.2m estimate, tho
Read moreJefferies downgrades BT on impaired visibility
20th Apr 2016 09:23
(ShareCast News) - Jefferies downgraded BT Group to 'hold' from 'buy' and cut the price target to 475p from 515p, pointing to impaired visibility. The bank said BT's outlook is increasingly uncertain, with more elements outside management control. Jefferies said the positive stance it had establish
Read moreBT ups cybersecurity recruiting after demand surge
13th Apr 2016 09:46
(ShareCast News) - BT Group has started a drive to recruit 900 staff over the next year in response to a surge in demand for its cybersecurity services. BT, which currently has more than 2,500 of its global workforce focused on security, said its annual revenues from this sector of the business
Read moreBT facing TV critisicm ahead of looming Champions League rights auction
12th Apr 2016 12:12
(ShareCast News) - BT Group may not be allowed to retain exclusive UK rights to broadcast Champions League football after the current three-season deal, giving confidence to ITV and Sky when they return to the bidding table later this year. A senior official at the European football governing body h
Read moreSunday share tips: BT Group, Burberry
10th Apr 2016 16:40
(ShareCast News) - Three's acquisition of Telefonica's O2 is on the skids after the owner of the former, Hutchinson Whampoa, failed to turn the heads of the European competition authorities, with potential ill consequences for BT Group, the Financial Times's Lex column said. Hutchinson argues that a
Read moreImmedia renews deal on BT Openreach radio station
24th Mar 2016 16:41
(ShareCast News) - Immedia Group scored a major contract renewal on Thursday, convincing BT Group to keep subscribing to its tailormade radio service for the employees of one of its largest divisions. The AIM-traded company said the contract was for the supply of an interactive, 24/7 real time digit
Read moreMobile contract switching made easier under new Ofcom proposals
23rd Mar 2016 10:50
(ShareCast News) - For UK mobile users, moving to a new contract and keeping your existing number will become quicker and easier under new rules proposed by the telecoms regulator on Wednesday. Ofcom said it wanted to make mobile switching quicker and simpler to help support competition in the marke
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