8th Apr 2014 09:06
The massive merger announcement from Holcim and Lafarge may have an unexpected beneficiary - in the form of Breedon Aggregates. The competition authorities in the UK are expected to approve the merger between those two European rivals, while at the same forcing them to let go of some assets. One pos
Read more7th Apr 2014 14:25
Panmure Gordon & Co believes sausage maker Cranswick can survive rising pig prices, but it advised investors to hang onto their shares rather than buy more. Cranswick said on Monday that record input prices during the year to March 31st meant operating margins would be slightly below those achieved
Read more7th Apr 2014 10:19
Abcam: Canaccord Genuity lowers target price from 386p to 375p, while upgrading from sell to hold. Aberbdeen Asset Management: Credit Suisse ups target price from 415p to 440p and stays with its neutral rating. AO World: Jefferies initiates with a target price of 410p and a buy recommendation. JP
Read more7th Apr 2014 07:07
Sales at sausage maker Cranswick sizzled higher, but the group said increased costs meant operating profit margins would be slightly below those a year ago. Cranswick said underlying sales in the year to March 31st climbed 12% on strong growth in demand for pork, bacon and cooked meats. Pastry sal
Read more19th Mar 2014 15:57
Peter Williams, a new non-executive director at property website Rightmove, has made a significant statement about his confidence in the company with a 99,463 pounds purchase of shares just over a month after his appointment. Williams filled a similar independent role at online retailer Asos for ei
Read more7th Mar 2014 09:39
AGA Rangemaster: N+1 Singer ups target price from 175p to 192p and maintains a buy recommendation. Aggreko: JP Morgan lowers target price from 1542p to 1536p and maintains a neutral rating. Goldman Sachs increases target price from 1876p to 1950p and keeps a buy recommendation. Numis upgrades to re
Read more31st Jan 2014 09:43
Aberdeen Asset Management: Berenberg cuts target price from 555p to 530p staying with its buy recommendation. Amlin: Canaccord Genuity moves target price from 420p to 430p reiterating a hold recommendation. ARM Holdings: Credit Suisse cuts target price from 1150p to 1100p and reiterates an outperf
Read more30th Jan 2014 14:55
Shares in Serco plunged after the group issued a profit warning in which it predicted that 2014 profits would fall as much as 20 per cent short of the 277m pounds that the market had expected. The support services group said it now expected 2013 revenue to fall by a mid-single digit percentage. Howe
Read more30th Jan 2014 09:06
Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan
Read more30th Jan 2014 07:55
- Quarterly revenue boosted by pork popularity - Confident in delivering revenue growth for rest of year - High input costs mitigated by costs controls Strong demand for pork products fuelled Cranswick's third quarter revenue with roasting joints proving particularly popular with customers over the
Read more2nd Dec 2013 08:22
Aberdeen Asset Management: Credit Suisse raises target price from 465p to 515p and maintains a neutral rating. Admiral Group: Citi moves target price from 1215p to 1220p and retains a neutral rating. AVEVA Group: Numis upgrades to buy with a target price of 2980p. AZ Electronic Materials: Deutsch
Read more28th Nov 2013 08:23
Anglo American: Liberum Capital upgrades to hold with a target price of 1150p. Associated British Foods: Jefferies increases target price from 1750p to 2400p, while staying with its hold recommendation. Beazley: Canaccord Genuity ups target price from 260p to 270p leaving its buy recommendation un
Read more25th Nov 2013 16:40
- Global indices continue to set new highs - P5+1 strikes deal with Iran over nuclear programme - Travel stocks rise, oil stocks fall techMARK 2,651.39 +0.35% FTSE 100 6,694.62 +0.30% FTSE 250 15,299.92 +0.74% UK financial markets on Monday celebrated the deal to limit Iran's nuclear activity with
Read more25th Nov 2013 15:29
Defence group Chemring surged after saying that expectations for the financial year ended October 31st remain in line with previous guidance despite the adverse market backdrop. Pork producer Cranswick also gained after beating forecasts with its interim results as first-half pre-tax profits rose 1
Read more25th Nov 2013 12:06
Jefferies on Monday moved to a 'buy' recommendation (from 'hold') on the shares of low-cost carrier easyJet on the potential for further cash returns and greater confidence in the company's ability to maintain its strong competitive position. Analysts said that the shares now trade at a 35% premi
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