UK MARKET TALK ROUNDUP: BROKERS COMMENTS
23rd Jun 2010 10:03
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0903 GMT [Dow Jones] Panmure Gordon nudges up its Computacenter (CCC.LN) price target to 394p from 391p. Panmure says the com
Read moreMARKET TALK: Panmure Nudges Up Computacenter Price Target
23rd Jun 2010 10:03
0903 GMT [Dow Jones] Panmure Gordon nudges up its Computacenter (CCC.LN) price target to 394p from 391p. Panmure says the company looks to be the standout winner from Tuesday's emergency budget, as increased VAT from January 4 means product sales are likely to be brought forward and the group should
Read moreFTSE 250 movers: Renishaw has tools for profit growth
14th May 2010 13:12
Renishaw is bucking the general downward trend. Improving activity levels and order book has put the precision tool maker on course to top last year's annual revenue figure and for profits to be "significantly" higher than expectations. Computacenter is another good gainer. The IT services provider
Read moreLondon open: Poor start for Footsie
14th May 2010 08:44
London's top stocks have turned down after the late gains yesterday with banks again under pressure on concerns over the plans of the new government to curb their activities. Reports that the EU is to push through controversial new hedge fund regulations next week have also cast a cloud over the fi
Read moreComputacenter enjoys rebound in Q1
14th May 2010 08:12
IT services provider Computacenter grew revenues by 8% in the first three months of the year and has seen similar growth rates during the second quarter, led by a strong rebound in the UK. Sales came in at £616m as services revenue grew by 2% during the first three months, and there's been a small
Read moreLondon close: Miners pull index lower
11th Mar 2010 17:02
London bounced off 5,600 despite a weak start on Wall Street but still closed in the red on a poor day for miners. Falling commodity prices and China inflation concerns prompted profit taking in Fresnillo, Randgold, Rio Tinto, ENRC, Kazakhmys, BHP Billiton and Xstrata. Speculation rose that Chin
Read moreTechMARK movers: Share buying boosts Kofax
11th Mar 2010 15:11
Large trades just before 10am have pushed up the share price of Kofax. The document processing technology provider has doubled in value over the past year. There were five big trades at 240p a share at around the same time. The biggest purchase was worth nearly £4m and all five were worth a total
Read moreLondon afternoon: Footsie holds above 5,600
11th Mar 2010 14:32
A steady decline continued through lunch, but London bounced off 5,600 despite a weak start on Wall Street as mining sector losses narrowed very slightly. Falling commodity prices have damaged miners Thursday. Investors decided to take profits in Fresnillo, Randgold, Rio Tinto, ENRC, Kazakhmys, BHP
Read moreFTSE 250 movers: Computacenter slips despite profit hike
11th Mar 2010 13:09
IT infrastructure services provider Computacenter falls back even after it reported a better than expected 26% rise in full-year pre-tax profit and said it enters 2010 in good shape. A North Sea oil find has boosted shares in Premier Oil. The oil company has found oil at its wildcat well 34/5-1 S o
Read moreLondon midday: Thos. Cook a ray of sunshine
11th Mar 2010 12:08
The Footsie has drifted into the red, weighed down by the weakness of mining stocks. Among the miners Fresnillo, Randgold Resources, Rio Tinto, ENRC, Kazakhmys, BHP Billiton and Xstrata are all on offer, as metals prices retreat. Smith & Nephew is under the weather after coming out on the wrong
Read moreLondon open: Miners lead decline
11th Mar 2010 08:17
London's main index is being dragged lower by mining stocks, though Old Mutual is the weakest link among the blue chips after it published full-year results this morning. South African insurer Old Mutual has resumed dividend payments following a better second half and is exploring the sale of US Li
Read moreComputacenter profit beats forecasts
11th Mar 2010 07:44
IT infrastructure services provider Computacenter reported a better than expected 26% rise in full-year pre-tax profit and said it enters 2010 in good shape. Adjusted pre-tax profit increased to £54.2m in the year ended 31 December compared with £43.1m in the previous period. However, revenues decr
Read moreThursday preview: Wm Morrison, Old Mutual, Clarkson...
10th Mar 2010 16:54
Supermarket chain Wm Morrison publishes figures without a chief executive as incoming CEO Dalton Philips isn't due to fill the hot seat until later this month. Instead, non-executive chairman Sir Ian Gibson and finance chief Richard Pennycook are expected to reveal underlying profit topped £760m la
Read moreTechMARK movers: Trafficmaster buys US firm
18th Jan 2010 15:00
Trafficmaster has acquired Fleet Management Solutions Inc and is raising up to £4.24m from a placing at 31p a share. That was just below the share price at the end of last week. Trafficmaster has also increased its debt facility with Barclays Bank from £12.5m to £17.5m to help finance the purchase
Read moreWednesday tips round-up: Tesco, Balfour Beatty, Dechra
13th Jan 2010 06:36
Tesco is leagues ahead of its UK competition in terms of global reach, scale and ambition. In fact, it is the only UK supermarket with any overseas operations at all, and one of just a few British retailers with international stores. The stock trades on a 2011 price earnings ratio of 13.2 times.
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