Big Yellow refinances bank facilities
19th Aug 2014 07:52
Storage provider Big Yellow Group has refinanced its bank facilities, increasing the average unexpired term to 7.8 years, with a lower average cost of debt. The new five-year £145m loan, which was signed with Lloyds and HSBC, is 50% term and 50% revolving, with a reduction of 75 basis points from
Read moreLondon pre-open: FTSE to continue higher as geopolitical risk falls
19th Aug 2014 07:45
The FTSE is set to continue its journey higher this morning as geopolitical tensions ease and attention turns to central banks. City sources predict the FTSE 100 will open around 20 points higher than yesterday's close of 6,741.25, tracking gains seen amongst US stocks overnight, which drove the N
Read moreNew Vertu Motors Chairman opens account
28th Jul 2014 15:49
The newly appointed Chairman at Vertu Motors, Peter Jones, has bought £171,000 worth of shares in the new and used car dealer. Jones, who will officially take up the role at the start of 2015, paid 57p for each of the 300,000 shares. Jones will replace Paul Williams, who will step down at the en
Read moreThursday broker round-up UPDATE
17th Jul 2014 11:07
Antofagasta: Canaccord Genuity cuts target price from 870p to 835p and maintains a hold recommendation. African Minerals: Canaccord Genuity reduces target price from 230p to 170p and keeps a buy recommendation. Ashmore Group: Goldman Sachs downgrades to neutral with a target price of 430p. Barcla
Read moreBig Yellow Q1 revenues rise as occupancy and rents grow
16th Jul 2014 12:03
Self-storage firm Big Yellow said it delivered a "solid trading performance" in its fiscal first quarter with both occupancy and rental yields up over last year. Occupancy at its 55 wholly-owned stores in the UK grew by 125,000 square foot over last year in the three months to June 30th with move-i
Read moreLondon midday: Chinese and UK data give FTSE 100 a boost
16th Jul 2014 11:58
- Chinese GDP growth picks up to 7.5% - UK unemployment at lowest since 2008 - Meggitt jumps on M&A hopes - Rio Tinto leads miners higher techMARK 2,808.69 +1.03% FTSE 100 6,771.71 +0.91% FTSE 250 15,592.03 +0.98% Stocks in London jumped on Wednesday morning as a surprise pick-up in Chinese growth
Read morePremier Foods non-exec makes show of faith
19th Jun 2014 15:58
Pam Powell, a non-executive director of Premier Foods, has acquired 74,369 shares in the group one day after it warned that sales of its key brands were set to fall short of expectations this year. Powell paid 53.5p for each of the shares, spending a total of £39,787. The modest show of faith ca
Read moreBig Yellow upbeat amid strong self-storage space demand
20th May 2014 08:22
- Rents out more space at increased prices - Occupancy rates up as economy improves - Confident outlook amid scarcity of London self-storage facilities Self-storage space provider Big Yellow reported a 15 per cent improvement in full-year profit as it rented out more space at increased prices. Adj
Read moreBeazley divisional head lowers interest
21st Mar 2014 15:40
Clive Washbourn, the Executive Director of the Marine business at Beazley, sold 164,235 shares in the global specialist risk insurance and reinsurance group. Washbourn traded in the shares at 262.9p each. The purchase comes after the company last month expressed confidence in its outlook after r
Read moreThursday broker round-up UPDATE
20th Feb 2014 08:49
Anglo American: Jefferies increases target price from 1450p to 1700p maintaining a neutral rating. BHP Billiton: Jefferies takes target price from 2300p to 2400p and stays with its buy recommendation. Big Yellow Group: Jefferies raises target price from 540p to 618p and retains a buy recommendatio
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 moreYouGov directors sell shares for 'financial planning purposes'
29th Jan 2014 16:20
Two senior members of the YouGov board of directors have this week reduced their holdings in the company for 'personal tax and financial planning purposes', the market research firm revealed. The biggest disposal came from Doug Rivers, the company's Chief Innovations Officer, who sold 141,360 shar
Read moreMonday broker round-up UPDATE
27th Jan 2014 09:30
Aberdeen Asset Management: Espirito Santo cuts target price from 573p to 514p and keeps a buy recommendation. Morgan Stanley reduces target price from 492p to 393p and stays with its equal-weight rating. Amino Technologies: N+1 Singer shifts target price from 89p to 93p and reiterates a hold recomm
Read moreTesco Chairman keeps the faith after recent poor update
17th Jan 2014 16:54
Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday. Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122. The purchase was made less than a week after the company p
Read moreWednesday broker round-up UPDATE
15th Jan 2014 08:42
African Barrick Gold: Liberum Capital downgrades to sell with a target price of 147p. Deutsche Bank lowers target price from 190p to 180p, while maintaining a hold recommendation. African Minerals: Deutsche Bank shifts target price from 410p to 414p and maintains a buy recommendation. Amlin: JP Mo
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