Charles Stanley's quarterly revenues rise
24th Jan 2014 10:44
Charles Stanley's revenue jumped 18 per cent to 36.7m pounds in the quarter through December as the UK investment firm achieved growth in commissions and fee income. Fee income, which represents 62.4% of overall revenue, edged up 21.4%, while commission climbed 12.9%. Revenue growth across Investm
Read moreFriday broker round-up UPDATE
24th Jan 2014 08:35
Aberdeen Asset Management: Morgan Stanley reduces target price from 492p to 393p and downgrades from equal-weight to underweight. Afren: Morgan Stanley moves target price from 210p to 220p retaining an overweight rating. Ashmore Group: Morgan Stanley cuts target price from 410p to 365p and reitera
Read moreInt'l Personal Finance FD sells shares
13th Aug 2013 16:22
David Broadbent, the Finance Director of home credit firm International Personal Finance (IPF), has sold a small stake in the firm after exercising options. Broadbent, who has been in his position since 2007, exercised a total of 65,575 share options under the company's share option plan and perfor
Read moreCharles Stanley boosted by recent stock market rally
11th Jun 2013 11:05
Wealth manager Charles Stanley said the recent rally from January this year helped lift funds under management to record levels. The stockbroker said funds under management and administration rose to £17.7bn for the year ended March 31st 2013 compared to £15.4bn a year earlier. Discretionary fun
Read moreCharles Stanley funds reach new high
11th Apr 2013 07:49
Wealth manager Charles Stanley said total funds under management and administration were boosted by a stronger performance from equity markets in the final quarter and a slightly more benign trading environment. Total funds under management and administration at March 31 2013 reached a new high of
Read moreIntu Properties Deputy Chairman continues to build stake
21st Mar 2013 15:38
John Whittaker, the Deputy Chairman of Intu Properties, has continued to show his support for the company after it was relegated to the FTSE 250 by boosting his stake in the group to 20 per cent. In two separate transactions the well-known property mogul purchased 600,000 shares worth £1.98m and t
Read moreWednesday broker round-up UPDATE
20th Mar 2013 08:53
Abcam: Canaccord Genuity moves target price from 344p to 358p, but still recommends selling. Antofagasta: Jefferies cuts target price from 1350p to 1100p, while keeping a hold recommendation. ASOS: Cantor Fitzgerald raises target price from 2500p to 2900p reiterating a hold recommendation. Panmure
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
Read moreCharles Stanley posts growth in discretionary funds
25th Jan 2013 10:57
Wealth manager Charles Stanley Group reported a record 4.6 per cent increase in total client funds under management during the last quarter, according to an interim management statement Friday. The company posted £16.36bn as at December 31st, up from £15.64bn in the previous quarter. Results were
Read moreMonday broker round-up
1st Oct 2012 08:58
Barclays: Liberum Capital upgrades to buy, target lifted from 210p to 245p. British American Tobacco: Investec upgrades to buy. Capital & Counties: Seymour Pierce downgrades from buy to add, 233p target kept. Charles Stanley: Peel Hunt downgrades to hold. Electrocomponents: Panmure Gordon downgr
Read moreCharles Stanley sees flat half year
1st Oct 2012 07:20
Stockbroking firm Charles Stanley said overall it expects to report six-month revenues at around the same level as last year as continued macro-economic trends continue to weigh on transaction volumes. The group said since its interim update in July this year it has seen a broad continuation of eco
Read moreCharles Stanley falls as commission dries up
25th Jan 2012 11:12
Stockbroker Charles Stanley might have been taking a few orders to sell shares in the company after announcing a drop in revenues in the final three months of 2011. Total revenues for the period fell from £32.3m at the equivalent point in 2010 to £27.3m in 2011. The company says fees income incre
Read moreWednesday broker round-up - UPDATE
25th Jan 2012 09:00
Ashmore: Barclays upgrades to overweight from neutral. Glencore: UBS cuts target from 530p to 490p, buy rating unchanged. Vodafone: Nomura reiterates buy rating and 230p target. Britvic: Nomura keeps buy recommendation and 425p target; Collins Stewart gives sell rating and 290p target. WH Smit
Read moreProfit predictions down at Charles Stanley
3rd Oct 2011 13:40
Stockbroking firm Charles Stanley has announced that revenue for the six months to 30 September will be at the same level for the same period the previous year, while profit will be down. The news comes after the firm suffered the effects of volatile macro-economic headwinds with commission levels
Read moreWednesday tips round-up: Hamworthy, BATS, Phoenix IT...
8th Jun 2011 06:48
The speed of the revival in the Hamworthy's fortunes is probably best shown by the growth in the order book, up from £142m a year before to £258m at the end of March. The shares, 13% ahead at 634½p last night after those upgrades, are up by almost 50% since the start of the year and sell on around 2
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