FTSE 250 movers: Telecom Plus impresses with annual results
21st May 2014 14:52
Telecom Plus topped the second tier risers today after impressing with an increase in annual profit and revenue as the utility achieved a record increase in customer numbers. The company, which supplies gas, electricity, telephony and broadband, said adjusted pre-tax profit jumped 25.3% to £44.6m a
Read moreDCC beats expectations as energy and technology impress
21st May 2014 07:59
- Earnings beat recent guidance - Healthcare and Technology drive growth - Guidance of 10 per cent growth in revenue and op. profit Earnings were above expectations at diversified sales, marketing and distribution group DCC in the year to March, up 11.7 per cent to 191.2p, and the group generated r
Read moreThursday broker round-up UPDATE
15th May 2014 09:43
Anglo American: Credit Suisse ups target price from 1800p to 1850p downgrading to neutral. ASOS: Berenberg initiates with a target price of 5350p and a buy recommendation. Barclays: Jefferies lowers target price from 345p to 325p, while staying with its buy recommendation. Bioquell: N+1 Singer pl
Read moreFriday broker round-up UPDATE
21st Feb 2014 10:11
Barratt Developments: JP Morgan raises target price from 360p to 420p, while downgrading to neutral. Bellway: JP Morgan takes target price from 1450p to 2000p and retains an overweight rating. Bodycote: UBS initiates with a target price of 800p and a buy recommendation. Bovis Homes Group: JP Morg
Read moreUK stocks end on a high after quiet session
17th Feb 2014 16:23
- FTSE closes up 72 points at 6,736 - Hammerson and RSA lead risers - UK inflation due out tomorrow - House prices up 3.3 per cent in February techMARK 2,857.31 +0.90% FTSE 100 6,736.00 +1.09% FTSE 250 16,244.71 +0.83% Stocks ended the day with strong gains, driven by both Hammerson and RSA Insur
Read moreFTSE 250 movers: DCC lifted by broker ratings
17th Feb 2014 15:30
Energy and business support services group DCC rose strongly today despite lowering its full-year profit outlook, after Investec analysts reiterated their 'add' rating on the stock. The group said that a poor performance by its largest division, DCC Energy, meant both its operating profit and adju
Read moreDCC lowers full-year profit outlook - UPDATE
17th Feb 2014 07:48
Energy and business support services group DCC rose strongly on Monday after analysts said the the impact of the weather wasn't as bad as had been feared. The group lowered its full-year profit outlook after a poor performance by its largest division, DCC Energy, meant both its operating profit an
Read moreThursday broker round-up UPDATE
5th Dec 2013 08:15
AMEC: Canaccord Genuity raises target price from 1125p to 1300p upgrading from hold to buy. AZ Electronic Materials: Canaccord Genuity increases target price from 354p to 404p, while downgrading from buy to hold. BAE Systems: Deutsche Bank takes target price from 415p to 425p keeping a hold recomm
Read moreAPR Energy directors sell over 10m pounds-worth of shares
12th Nov 2013 15:58
Power solution provider APR Energy on Tuesday announced large share sales by two of its Non-Executive Diectors. Selling at 1,100p a piece, Matthew Allen, traded in 563,224 shares, while Edward Hawkes, who is also a founder of the company, disposed of 416,113. They pocketed £6.2m and £4.6m, respec
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read moreDCC's half-year profit and revenue rises
6th Nov 2013 07:29
- Profit in half-year jumps 37.6 per cent - Revenue rises 11.1 per cent - Interim dividend raised 10 per cent Irish investments group and holding company DCC saw its half-year profit before tax advance 37.6 per cent to 42.5m pounds, driven by a strong first quarter. Revenue in the six months thro
Read moreTuesday broker round-up UPDATE
22nd Oct 2013 08:02
Aggreko: JP Morgan reduces target price from 1800p to 1620p reiterating a neutral rating. Alexander Mining: Northland Capital shifts target price from 6p to 8.10p and keeps a buy recommendation. APR Energy: JP Morgan increases target price from 1075p to 1150p and maintains an overweight rating. B
Read moreFriday broker round-up UPDATE
18th Oct 2013 11:47
Aggreko: Jefferies reduces target price from 2000p to 1500p downgrading to hold. Andor Technology: Investec ups target price from 410p to 460p and maintains a buy recommendation. APR Energy: Jefferies ups target price from 1125p to 1300p and upgrades to buy. Bellway: UBS raises target price from
Read moreLondon close: American tech giants weigh on global equities
19th Jul 2013 18:04
London's benchmark index closed at 6,631 on Friday, down by 4 basis points. The S&P 500 and Dow Jones closed at fresh all-time highs last night on the back of positive economic data and a raft of corporate earnings which came in better than expected. After the closing bell however, tech giants Goog
Read moreBroker tips: Banks, Chemring, DCC
19th Jul 2013 11:25
Investec has downgraded its ratings for banking peer HSBC and RBS from 'buy' to 'hold' in separate research reports, reiterating its preference for rival Barclays. The broker pointed out that HSBC has marginally outperformed the FTSE 100 so far this year and now trades within just 4.0% of its 57-mo
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