Spirent Comms Chairman adds £30,358-worth of shares to stake
29th May 2014 15:54
The Non-Executive Chairman of Spirent Communications has purchased £30,358-worth of shares in the FTSE 250-listed technology group. Alexander Walker acquired 30,000 shares at 101.19p each. He now holds a total of 213,014 shares. The deal comes around a month after the company delivered an impr
Read moreCarnival Chairman reduces stake by around a quarter
26th Mar 2014 15:54
Micky Arison, the long-standing Chairman of cruise line operator Carnival Corp., docked a batch of shares earlier this week ahead of its better-than-expected first quarter trading update. Arison offloaded 525,348 at $40.09 each, reducing his stake to 104.52m shares. The group on Tuesday reported
Read moreBroker tips: Lloyds, RBS, Carnival...
26th Mar 2014 12:25
Investec has reiterated its 'buy' recommendation on Lloyds after the government sold a further tranche of shares in the state-backed lender on Wednesday. The broker, which kept an 85p target price for the shares, said that Lloyds offers "reasonable upside for a relatively low-risk stock". Analyst I
Read morePanmure keeps 'sell' rating on Carnival despite Q1 beat
26th Mar 2014 10:12
Panmure Gordon has maintained a 'sell' rating on cruise operator Carnival despite the company's first-quarter results coming in ahead of expected. Carnival said on Tuesday that net revenue yields in the first three months of the year fell by just 2.1% year-on-year, compared with earlier guidance fo
Read moreWednesday broker round-up UPDATE
26th Mar 2014 08:51
Aberdeen Asset Management: Citi reduces target price from 455p to 390p and stays with its neutral rating. Acta: Cantor Fitzgerald places both its target price (prev.: 16p) and its buy recommendation under review. Alliance Pharma: Numis shifts target price from 38p to 39p upgrading to add. APR Ene
Read moreFTSE 100 movers: Kingfishers climbs on cash return plans
25th Mar 2014 15:21
Kingfisher, Europe's largest home improvement retailer, rose strongly after it said it would return 200m pounds to shareholders this year and expand into new markets after profits improved by a tenth in the 12 months ended February 1st. The company, which owns B&Q and Screwfix in the UK, said it wou
Read moreCarnival first quarter EPS flat, sees lower yields in 2014
25th Mar 2014 13:38
Cruise line operator Carnival registered flat earnings per share (EPS) during the first quarter of its fiscal year. Net revenue yields during the period fell by 2.1% in comparison with 2013, but were ahead of the company´s guidance for a drop of 3-4%. Similarly, net cruise costs, excluding fuel
Read moreTuesday preview: UK inflation figures for February in focus
24th Mar 2014 14:37
UK inflation in February is likely to have fallen further away from the Bank of England's two per cent target, economists predict ahead of the figures due out on Tuesday. Consumer prices are expected to have dropped to 1.7% year-on-year in February, compared to 1.9% a month earlier. On the month,
Read moreFTSE 100 movers: Majority of stocks in red as risk appetite weakens
3rd Mar 2014 14:20
UK stocks sank to their lowest levels in two weeks today, with escalating tensions in Ukraine prompting a sharp reduction in risk appetite. This saw investors flee towards safe-haven assets, such as gold and silver, today, pushing the share prices of precious metal producers Randgold and Fresnillo
Read moreLondon midday: Stocks hit two-week low on Ukraine concerns
3rd Mar 2014 11:25
- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday
Read moreLondon close: Flat finish as unemployment rises
19th Feb 2014 16:21
- UK unemployment rises to 7.2 per cent - BoE MPC vote to maintain interest rates - US housing starts fall 16 per cent techMARK 2,875.58 -0.22% FTSE 100 6,796.71 0.00% FTSE 250 16,347.33 +0.03% The FTSE closed flat as traders digested UK unemployment data, minutes from the Bank of England's most
Read moreFTSE 100 movers: Sports Direct jumps after strong update
19th Feb 2014 14:02
Sports Direct International shot to the top of the risers after group sales in the quarter to January 26th rose 11.2 per cent from the previous year to 655.4m pounds. Gross profit gained 14.6 per cent to 280.7m pounds during the period with growth across all its divisions including Sports Retail, Br
Read moreLondon midday: Stocks slip after surprise increase in jobless rate
19th Feb 2014 11:41
- UK jobless rate rises to 7.2 per cent, above estimates - MPC votes unanimously to leave policy unchanged - Ex-div stocks provide a drag on FTSE - Sports Direct jumps after Q3 update techMARK 2,855.22 -0.93% FTSE 100 6,761.33 -0.52% FTSE 250 16,233.58 -0.66% UK markets pulled back from a four-w
Read moreLondon open: Stocks pause at four-week high ahead of data, BoE minutes
19th Feb 2014 08:16
- Markets at highest since January 22nd - UK labour-market data due out, BoE minutes - Sports Direct, M&S, BAE Systems lead the upside - Ex-div stocks weigh techMARK 2,878.02 -0.14% FTSE 100 6,798.45 +0.03% FTSE 250 16,340.79 -0.01% UK stocks opened more or less flat on Wednesday morning after th
Read moreSunday share tips: Intecontinental Hotels, Rio Tinto, Pendragon
16th Feb 2014 18:09
Holders of shares in Intercontinental Hotels Group may want to extend their stay, the Sunday Times's Danny Fortson says. In his Inside the City column, Fortson said the owner of Holiday Inn and Crowne Plaza has returned more than $9bn to shareholders since it was de-merged from Bass in 1993. Another
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