Broker tips: Burberry, Capita
13th Jul 2010 13:05
The sales update from Burberry on Tuesday was ahead of market expectations and though the near term trading outlook for the luxury goods maker is uncertain given the spell of belt tightening the government wants us to perform, Charles Stanley still thinks the shares are worth accumulating on any di
Read moreBroker snap: Life beyond public sector for Capita
13th Jul 2010 11:40
Impending public sector spending cuts have made many investors wary of business process outsourcing companies but Panmure Gordon has taken a contrarian view with Capita, one of the biggest operators in the sector and upgraded its recommendation on the stock. "While we acknowledge that the timing of
Read moreMARKET TALK: Panmure Upgrades Capita To Buy From Hold
13th Jul 2010 09:05
0805 GMT [Dow Jones] Panmure Gordon upgrades Capita (CPI.LN) to buy from hold and raises price target to 885p from 750p, noting 19% implied upside to its revised price target. "We are fans of Capita and firmly believe its organic growth profile should gather positive momentum in 2011E and 2012E." As
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
13th Jul 2010 09:05
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0805 GMT [Dow Jones] Panmure Gordon upgrades Capita (CPI.LN) to buy from hold and raises price target to 885p from 750p, n
Read moreMARKET TALK: Execution Starts Nine UK Support Services Stocks
12th Jul 2010 10:39
0939 GMT [Dow Jones] Execution Noble initiates coverage on nine UK support services stocks. Starts Babcock International (BAB.LN), eaga (EAGA.LN), Mears Group (MER.LN), Serco Group (SRP.LN) and WSP (WSH.LN) at buy. Starts WS Atkins (ATK.LN) and Connaught (CNT.LN) at hold. Begins Capita Group (CPI.L
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
8th Jul 2010 07:58
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] 0658 GMT [Dow Jones] HSBC initiates coverage of European business services stocks. Says there has been some considerable vola
Read moreMARKET TALK: HSBC Starts European Business Services Stocks
8th Jul 2010 07:58
0658 GMT [Dow Jones] HSBC initiates coverage of European business services stocks. Says there has been some considerable volatility in the sector as investors wrestle with recession, the speed of the recovery and the possibility of a relapse in demand. "Through the clamour of much macroeconomic nois
Read moreCapita Group Buys Back 1.4M Shares At 741.3P each
1st Jul 2010 08:36
LONDON (Dow Jones)--Capita Group PLC (CPI.LN) said Thursday it purchased 1,435,944 ordinary shares at a price of 741.31 pence per share. MAIN FACTS: -The purchased shares will be held as Treasury shares. -Shares at 0735 GMT down 8.0 pence, or 1.1%, at 733.0 pence. -By Iain Packham,
Read moreCapita Group Buys Back 0.6M Shares At 759.6P Each
30th Jun 2010 10:11
LONDON (Dow Jones)--The Capita Group PLC (CPI.LN) said Wednesday it purchased 558,693 ordinary shares at a price of 759.59 pence per share. MAIN FACTS: -The purchased shares will be held as Treasury shares. -Shares at 0911 GMT down 20.5 pence, or 2.7%, at 740.0 pence. -By Iain Packh
Read moreCapita Group Buys Back 457,961 Shares At 766.96 Pence Per Share
29th Jun 2010 09:26
LONDON (Dow Jones)--Capita Group PLC (CPI.LN), a business process outsourcing services provider in the U.K., said Tuesday it purchased 457,961 ordinary shares in the company on June 28 at a price of 766.96 pence per share. MAIN FACTS: -Purchased shares will be held as Treasury shares; Compan
Read moreCapita Group Buys Back 84,227 Shares/768.43P >CPI.LN
28th Jun 2010 09:05
LONDON (Dow Jones)--Support services firm Capita Group PLC (CPI.LN) said Monday that it purchased 84,227 of its ordinary shares on June 25, at 768.43 pence per share which will be held as Treasury shares. Shares at 0805 GMT down 1.5 pence, or 0.2%, at 774.5 pence valuing the company at GBP4.79 b
Read moreCapita Group Buys Back 53,975 Shares/767P >CPI.LN
25th Jun 2010 08:54
LONDON (Dow Jones)--The Capita Group PLC (CPI.LN) said Friday that it purchased 53,975 of its ordinary shares on June 24 at 767 pence per share. MAIN FACTS: -Purchased shares will be held as Treasury shares. -Shares at 0705 GMT unchanged at 769 pence valuing the company at GBP4.76 billio
Read moreCapita Group Buys Back 20,321 Shares At 770P
24th Jun 2010 08:37
LONDON (Dow Jones)--Capita Group PLC (CPI.LN) said Thursday it has purchased 20,321 of its ordinary shares at a price of 770 pence per share. MAIN FACTS: -The purchased shares will be held as Treasury shares. -Shares at 0735 GMT down 1 pence, or 0.1%, at 769 pence. -By Tommy Stubbin
Read moreCapita Group Buys Back 158,473 Shares At 766.88P
23rd Jun 2010 08:08
LONDON (Dow Jones)--Capita Group PLC (CPI.LN) said Wednesday it has purchased 158,473 of its ordinary shares at a price of 766.88 pence per share. MAIN FACTS: -The purchased shares will be held as Treasury shares. -Shares at 0705 GMT down 5.5 pence, or 0.7%, at 773.5 pence. -By Tomm
Read moreLondon close: Winning streak comes to an end
18th Jun 2010 16:44
Hopes of Footsie making it eight days of rises in a row were dashed at the death. Leaders outnumbered laggards among FTSE 100 stocks but with BP giving up the gains of the morning after a downgrade from debt ratings agency Moody's the blue-chip index ended marginally easier on the day. BP, for once
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