Wednesday broker round-up UPDATE
20th Feb 2013 07:04
Amara Mining: Goldman Sachs moves target price from 90p to 55p downgrading to neutral. Aureus Mining: Goldman Sachs revises target price from 65p to 55p retaining a neutral rating. Avocet Mining: Goldman Sachs cuts target price from 55p to 30p and upgrades from sell to neutral. AZ Electronic Mate
Read moreGalliford Try CEO reduces stake in company after upbeat update
15th Nov 2012 16:48
Greg Fitzgerald, the Chief Executive of Galliford Try, the FTSE 250 building group, has reduced his stake in the company by 300,000 shares just a week after announcing the group is now 'well positioned to deliver further profitable growth'. Fitzgerald, who has occupied the role of CEO since 2005,
Read moreCentaur gets boost from restructuring
14th Nov 2012 15:17
Events firm and trade publisher Centaur Media said it had seen significant improvement in revenues and cost base at the start of its 2012/13 financial year. The firm reported revenues across the group ware up by 14% in the period with EBITDA (earnings before interest, tax, depreciation and amortisa
Read moreDigital sales boost underlying growth at Centaur Media
12th Jul 2012 16:08
Business information and events group Centaur Media rose strongly on Thursday after saying that trading in the last two months of the year has been in line with expectations. Centaur also announced that it has completed the acquisition of digital marketing information provider Econsultancy.com, fir
Read moreThursday preview: AB Foods, Centaur, Ashmore
11th Jul 2012 17:45
Associated British Foods, which last Friday announced the acquisition of the Elephant Atta ethnic flour brand from Premier Foods, updates the market on Thursday. Attention will probably be on the group's Primark clothing chain, as usual, but the Elephant Atta purchase is a useful reminder that there
Read moreFriday broker round-up - UPDATE
13th Jan 2012 11:19
Vodafone: Nomura upgrades to buy. Bunzl: UBS cuts to neutral from buy. RSA Insurance: Citi cuts to neutral from buy. BT Group: Nomura upgrades to buy from reduce. RBS: Seymour Price upgrades to buy from reduce. BG Group: JP Morgan raises price target to 1,900p from 1,455p. Tesco: Credit Suiss
Read moreCentaur on track driven by exhibitions arm
16th Nov 2011 17:00
Publishing firm Centaur said it had traded strongly in the four months to the end of October and was on track to meet expectations. Underlying revenues across the Group were 9% ahead of the same period last year, the firm said. Underlying print, digital and events revenues were up 2%, 15% and 23%
Read moreCentaur Media on track for year
16th Nov 2011 08:30
Publisher and event organiser Centaur Media reported underlying revenue growth of 9% after a robust performance from all three divisions, as it trades in line with company expectations. The group, which publishes the Lawyer and Marketing Week, said underlying print, digital and events revenues were
Read moreCentaur Media names Kerswell CFO
11th Oct 2011 08:08
Events organiser and publisher Centaur Media has appointed Mark Kerswell as chief financial officer with immediate effect following the resignation of Mike Lally. Mark has been interim finance director since 13 June 2011 when Mike went on extended sick leave. Previously Mark was deputy finance d
Read moreGlencore boss spends £10m
16th Sep 2011 15:58
Glencore's chief executive Ivan Glasenberg has opened his wallet, splashing out nearly £10m on shares in the commodity trading house. He took 2.25m shares at an average price of 435p a share and has already made a handsome profit of about £100,000. The company added that Glasenberg plans to buy m
Read moreFriday tips round-up: Kier, Investec, Cobham...
16th Sep 2011 06:47
Kier, the construction, house-building and contracting firm, has, to its credit, managed to come through the slump rather well, drawing strength from the diversity of its operations and sound strategic moves, according to the Investment Column in the Independent. This was reflected in its results ye
Read moreHammerson finance boss lays foundations
15th Sep 2011 15:08
The finance boss of Hammerson Timon Drakesmith has upped his stake in the shopping centre owner, spending nearly £200,000 on shares. He bought 50,000 shares in the company, paying 384.99p a time. Drakesmith will be glad he didn't rush into buying the shares following his appointment in June. They
Read moreFriday tips round-up: Pendragon, Centaur, ABF
15th Jul 2011 06:33
The rights issue from Pendragon, our biggest car dealer, does the job of shoring-up the finances and putting the business in a better shape to go ahead. It is also enormous, nine new shares for eight and at 10p, is a 54% discount to the last closing share price. Nick Bubb at Arden Partners is looki
Read moreLondon close: Thomas Cook leads the decline
14th Jul 2011 16:47
Stocks closed firmly in the red on a day that saw stocks moving sharply in both directions after a raft of updates. Investors had a keen appetite for shares in Premier Foods. The Hovis bread and Sharwood ready-meals maker unveiled industry veteran Mike Clarke as its new head honcho. Clarke, current
Read moreLondon midday: Stocks move lower
14th Jul 2011 12:10
Stocks are deep in the red following this morning's slide. Associated British Foods is bucking the downward trend. It said its outlook for the full year is in line with expectations as its food arm and budget clothing retail chain Primark continue to perform well. Silver producer Fresnillo is spa
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