Charles Stanley funds under management up 4.6% in first quarter
24th Jul 2018 13:28
(Sharecast News) - Charles Stanley posted a jump in first-quarter funds under management on Tuesday, driven by a positive market performance.
Read moreTuesday broker round-up
24th Jul 2018 13:17
(Sharecast News) - Britvic: Shore Capital Markets downgrades to hold.
Read moreCharles Stanley sells Luke Street lease for £5.6m
8th Sep 2016 11:16
(ShareCast News) - Investment management company Charles Stanley has sold its long lease in Shoreditch for £5.6m as part of an office consolidation. The firm exchanged contracts for the sale of the 35 Luke Street property's lease on Thursday and the proceeds will offset the one-off costs involved in
Read moreBroker tips: Charles Stanley, Playtech, Berkeley Group
16th Jun 2016 17:08
(ShareCast News) - Cannacord Genuity lowered its target price on the shares of Charles Stanley and lowered its recommendation from 'buy' to 'hold' after the broker announced it would likely take between 12 to 18 months longer than originally anticipated (by the year to 31 March 2020) to reach its ta
Read moreCanaccord downgrades Charles Stanley to hold, slashes target
16th Jun 2016 15:27
(ShareCast News) - Cannacord Genuity lowered its target price on the shares of Charles Stanley and lowered its recommendation from 'buy' to 'hold' after the broker announced it would likely take between 12 to 18 months longer than originally anticipated (by the year to 31 March 2020) to reach its ta
Read moreCharles Stanley full-year losses narrow but revenue slips
16th Jun 2016 12:58
(ShareCast News) - Wealth manager Charles Stanley said full-year losses narrowed significantly as it underwent a major restructure, but revenue slipped. In the year to the end of March, the reported loss after tax narrowed to £300,000 from £6.1m in 2015, although revenue dipped to £141.6m from £149.
Read moreFTSE 100 movers: Miners gain but HSBC slumps on Bernstein note
29th Feb 2016 13:47
(ShareCast News) - London's FTSE 100 index was down 0.3% to 6,075.39 at 1525 GMT, as investors weighed up disappointment that the G20 meeting did not yield a coordinated stimulus effort against the People's Bank of China's move to cut the reserve requirement ratio. HSBC was in the red after Bernstei
Read moreSunday share tips: Direct Line, Laird, Brewin Dolphin
28th Feb 2016 14:58
(ShareCast News) - Direct Line shares are worth holding, said the Sunday Times' Inside the City column ahead of Tuesday's annual results for the insurer. Full year profits are forecast to have reversed moderately, but things look better going forward, with a new online marketing campaign launched la
Read moreCharles Stanley sells broking division to Panmure Gordon
15th Jul 2015 12:07
(ShareCast News) - Investment group Charles Stanley has completed the sale of its broking division to Panmure Gordon for an undisclosed amount. Negotiations for the sale of Charles Stanley Securities lasted just over two months, the London-listed company said, adding the divestment was in line with
Read moreCharles Stanley swings to full-year loss
18th Jun 2015 09:44
Broker Charles Stanley swung to a full-year pre-tax loss following a year of substantial changes at the company. For the period ended 31 March 2015, it posted a pre-tax loss of £6.1m, compared with a profit of £6.1m in 2014, as revenue rose 1% to £149.7m from £149m. The dividend per share fell to 5
Read moreCharles Stanley confirms talks to sell securities arm
10th Mar 2015 12:39
Broker Charles Stanley says it has entered into exclusive negotiations to sell its securities arm. The company was responding to press speculation earlier in the day regarding a possible transaction. According to sources cited by Sky News's Mark Kleinman US broker Stifel Financial's bid was the mos
Read moreCharles Stanley confirms talks to sell securities arm
10th Mar 2015 12:39
Broker Charles Stanley says it has entered into exclusive negotiations to sell its securities arm. The company was responding to press speculation earlier in the day regarding a possible transaction. According to sources cited by Sky News's Mark Kleinman US broker Stifel Financial's bid was the mos
Read moreCharles Stanley swings to £3.9m first-half loss
27th Nov 2014 15:14
Investment management firm Charles Stanley has reported a £3.9m loss for the six months to 30 September following increased costs during a period of static markets. The company invested heavily in a major systems upgrade during the period in an effort to enhance its client offering. Despite revenues
Read moreCharles Stanley appoints Paul Abberley as new CEO
27th Oct 2014 12:50
Paul Abberley has been named as the new chief executive officer (CEO) of investment company operator Charles Stanley Group. He replaces Sir David Howard, who is remaining on the board as non-executive chairman as announced last month. Howard said: "Paul stood out from amongst a strong field of cand
Read moreThursday broker round-up UPDATE
19th Jun 2014 08:56
BAE Systems: Westhouse Securities initiates with a target price of 360p and a sell recommendation. Berkeley Group: Deutsche Bank increases target price from 2587p to 2877p retaining a hold recommendation. Jefferies raises target price from 2477p to 2543p and keeps a hold recommendation. BG Group:
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