London open: Stocks flat before MPC minutes
18th Apr 2012 08:22
- Supermarkets rise after Tesco's results - BHP, Fresnillo lead miners higher - Markets await MPC minutes London's blue chips opened broadly flat on Wednesday morning despite a strong rise by supermarket and mining stocks. Stocks rose strongly on Tuesday, with the Footsie gaining nearly two per ce
Read moreComputacenter says margins squeezed
18th Apr 2012 07:48
European IT services provider Computacenter said performance across its continental markets had made up for flat results from the UK in the first quarter. However, it said margins had been hit during the period, due to the costs of moving staff into new roles in its services division and sales comm
Read moreAegis director makes double sale
12th Apr 2012 16:23
Harold Mitchell, a senior board member of Aegis Group, the FTSE-250 media and digital communications group, has made a double sale of shares in the month following its better-than-expected full year results. Mitchell, who is the Executive Chairman of Aegis Media Pacific, sold 150,000 shares at 5.5
Read moreHenderson director makes sale
11th Apr 2012 15:28
David Jacob, Managing Director of Investment Management at fund manager Henderson Group, has sold 429,000 shares at 120.60p. The £517,374 sale was made after the director acquired just over two million shares on the vesting of a share plan. Following the transaction Jacob now holds around 2.466m
Read moreWednesday broker round-up
14th Mar 2012 10:02
Antofagasta: Fox-Davies upgrades from sell to hold, target lifted from 1,121p to 1,197p. AZ Electronic Materials: Goldman Sachs upgrades from buy to conviction buy, target raised from 380p to 440p. Close Brothers: UBS raises target from 690p to 750p, neutral rating kept. Computacenter: UBS raises
Read moreTuesday broker round-up - UPDATE
13th Mar 2012 09:59
AstraZeneca: Panmure Gordon keeps buy rating and 3,600p target. Bellway: Credit Suisse maintains outperform rating. BG Group: Nomura raises target from 1,865p to 1,950p, buy rating kept. Computacenter: Panmure Gordon ups target from 490p to 501p, buy rating unchanged. Hays: Credit Suisse ups tar
Read moreLondon open: Financials, miners lead the rise
13th Mar 2012 08:38
- Standard Life, Pru in demand after results - Antofagasta, G4S lead the fallers - BoJ maintains rates, ups asset purchases The Footsie rose strongly on Tuesday helped by some well-received full-year results from insurers and a decent performance by banking and mining stocks as risk appetite increa
Read moreComputacenter posts sixth year of double digit growth
13th Mar 2012 07:04
European IT services provider Computacenter came good on a promise to report a sixth year of double digit growth after it said profits rose 10.3% in 2011. The firm saw strong revenue and profit growth in Germany and France as customers continued to upgrade their IT infrastructure. This offset wea
Read moreLondon close: Stocks finish up, China and Eurogroup in focus
12th Mar 2012 16:34
- Stocks jump into the blue late on - China records worse-than-expected trade deficit - Resource stocks fall on Chinese demand concerns London's blue chip index managed to finish the day in positive territory despite swinging between gains and losses for most of the session. Concerns over the globa
Read moreFTSE 250 movers: Computacenter in top spot ahead of results
12th Mar 2012 15:16
Computacenter was in the top spot ahead of its results due out tomorrow. which are set to show the sixth consecutive year of double digit adjusted earnings per share (EPS) growth and adjusted profit before tax for full year 2011, in line with the board's expectations. The group has already said th
Read moreThursday broker round-up - UPDATE
26th Jan 2012 09:34
Misys: Panmure Gordon cuts target from 335p to 295p, hold rating unchanged; Peel Hunt puts 250p target under review, hold rating kept; Merchant Securities initiates coverage with sell rating and 220p target. Mitchells & Butlers: Panmure Gordon keeps hold and 240p target; Peel Hunt retains hold rati
Read moreThursday broker round-up - UPDATE
12th Jan 2012 09:08
Reckitt Benckiser: J.P. Morgan Cazenove downgrades to neutral from overweight. Tesco: Nomura reiterates buy rating and 500p target; Panmure Gordon cuts target from 500p to 440p, buy rating unchanged. Royal Bank of Scotland: Shore Capital reiterates sell. Tesco: Shore Capital downgrades to hold fr
Read moreComputacenter rises on positive full year guidance
12th Jan 2012 08:17
Computacenter, the FTSE 250 provider of IT services, says its full year figures for 2011 will "show the sixth consecutive year of double digit earnings per share growth". It also claims the 2011 profit before tax figure will be "in line with the board's expectations". Excluding acquisitions, Compu
Read moreMonday broker round-up - UPDATE
19th Dec 2011 09:10
Randgold Resources: Goldman Sachs downgrades to sell from neutral. Aggreko: Investec puts 1,950p target under review, buy rating retained. Carnival: Evolution Securities keeps buy recommendation and 2,850p target. Ocado: Panmure Gordon keeps sell rating and 50p target. Babcock: Panmure Gordon r
Read moreManaged services contracts roll in at Computacenter
16th Dec 2011 12:49
Shares in IT infrastructure services and solutions provider Computacenter got a boost after the firm announced that the majority of its new business pipeline for its Managed Services business have reached their conclusion. When fully operational, these Managed Services contracts will deliver cumul
Read more