London pre-open: Stocks seen a little lower after China inflation data
11th Apr 2016 07:38
(ShareCast News) - London stocks were set to open a little lower on Monday following a mixed session in Asia after Chinese data revealed inflation remains benign. London's FTSE 100 was seen starting 14 points lower than Friday's close at 6,190. "European stock markets are expected to open slightly
Read moreCranswick gobbles up Crown Chicken
11th Apr 2016 07:23
(ShareCast News) - Food producer Cranswick announced the acquisition of CCL Holdings, and its 100% owned subsidiary Crown Chicken Limited from the Thacker family and management on Monday. The FTSE 250 firm's board paid a cash consideration of £40m for the deal, funded from existing bank facilities.
Read moreBroker tips: CRH, Cranswick, Rotork
6th Apr 2016 13:59
(ShareCast News) - The gloom hanging over emerging markets might be lifting on a 'tactical' basis, but the poor outlook for cement prices in that geography was set to drive a wedge between European building materials firms exposed to them versus those with a greater relative footprint in the US and
Read moreNumis raises Cranswick's target price after trading update
6th Apr 2016 10:11
(ShareCast News) - Cranswick's target price was lifted by Numis to 2,202p from 1,900p after the food producer reported a pre-close trading update. The company said on Tuesday that it will report a trading performance for the year to the end of March in line with its expectations following continued
Read moreCranswick sees full year in line after solid final quarter
5th Apr 2016 07:40
(ShareCast News) - FTSE 250 food producer Cranswick said on Tuesday that it will report a trading performance for the year to the end of March in line with its expectations following continued positive trading in the final quarter of the year. The company, which is due to release its full year resul
Read moreBroker tips: Cranswick, Centrica
28th Jan 2016 16:08
(ShareCast News) - Shares in Cranswick gained on Thursday as Investec reiterated its 'buy' rating and raised its target price to 2,086p from 2,065p. Cranswick reported trading in the third quarter was in line with the board's expectations, with total revenue in the three months to 31 December 5% ahe
Read moreInvestec reiterates 'buy' rating and raises target price at Cranswick
28th Jan 2016 10:25
(ShareCast News) - Shares in Cranswick gained on Thursday as Investec reiterated its 'buy' rating and raised its target price to 2,086p from 2,065p. Cranswick reported trading in the third quarter was in line with the board's expectations, with total revenue in the three months to 31 December 5% ahe
Read moreChristmas makes for a bumper quarter at Cranswick
28th Jan 2016 09:04
(ShareCast News) - A hungry Britain made for a bumper Christmas at Cranswick, with the company reporting uplifts in volumes and revenues in its third quarter on Thursday. The FTSE 250 food producer said trading during the quarter was in line with the board's expectations, with total revenue in the t
Read moreCranswick a 'buy' after profits jump in first half, Investec says
30th Nov 2015 10:04
(ShareCast News) - Cranswick's shares jumped as Investec reiterated its 'buy' rating on the stock and raised its target price to 1890p from 1870p after the food producer reported a 22% increase in first half adjusted profits to £31.5m. The company, which supplies sausages to Tesco and Sainsbury's un
Read moreCranswick serves up rise in first half profits
30th Nov 2015 07:51
(ShareCast News) - Gourmet sausage maker Cranswick said high demand for its products helped lift half year adjusted profits by 22% to £31.5m. The company, which supplies sausages to Tesco and Sainsbury's under their own label lines, said revenue jumped almost 10% to £529m, higher than management exp
Read moreWednesday broker round-up
14th Oct 2015 10:28
(ShareCast News) - John Laing Group: HSBC starts new coverage with a buy, sets target price at 2.50p. Domino's Pizza Group: N+1 Singer upgrades to buy. Target price: 1000.00p. Sabmiller: RBC Capital Markets reiterates sector perform, lifts target price to 4400.00p. Cranswick: HSBC reiterates to bu
Read moreFriday newspaper share tips: Mixed views on Cranswick
2nd Oct 2015 10:48
(ShareCast News) - Cranswick was on the plate on Friday as hungry newspaper tippers eyed up what to do with Britain's largest sausage producer. The FTSE 250 listed company released a first half trading update on Thursday, with first half revenues 10% ahead from the previous year, sales up 7% and the
Read moreCranswick says first-half revenue slightly ahead
1st Oct 2015 07:28
(ShareCast News) - Food producer Cranswick said revenue in the first half of the year was slightly ahead of its expectations and the business remains well-positioned to deliver further growth this year. Total revenues in the six months to 30 September were 10% ahead of the same period last year, dri
Read moreFTSE 250 movers: M&A lights fire under oil equipment stocks
26th Aug 2015 16:46
(ShareCast News) - Shares in Paddy Power and Betfair surged on Wednesday as they announced they have agreed in principle to a possible merger that would create one of the world's largest public online betting and gaming companies by revenue. OneSavings Bank reported a sharp jump in profitability, wi
Read moreLondon open: Stocks start lower, weighed down by losses in China
27th Jul 2015 09:28
(ShareCast News) - A sharp drop in Chinese stocks overnight weighed on risk sentiment early on as investors prepared themselves for the US central bank's policy announcement on Wednesday and a wave of corporate results in the UK, US and over on the continent this week. As of 08:33 BST, the FTSE 100
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