Monday broker round-up:
24th Sep 2012 16:40
Anglo American: Bank of America downgrades to neutral. Aberdeen Asset Management: Peel Hunt raises target to 350p from 300p, reiterates buy. Dairy Crest: Shore Capital downgrades to hold. Diploma: Panmure Gordon reiterates buy, takes target up to 500p from 440p. Filtronic: Panmure Gordon reit
Read moreFTSE 250 movers: Bumi leads fallers on investigation news
24th Sep 2012 13:21
Mining giant Bumi was leading the fallers after it said it was investigating allegations of financial and other irregularities at its Indonesian operations. The investigation centres on PT Bumi Resources, in which the company has a 29% interest, with particular focus on that firm's development funds
Read moreLondon midday: Miners lead the fallers
24th Sep 2012 12:15
Today's morning session has started the week off in much the same way as the weather has: gloomily. Investor sentiment has been knocked by renewed concerns over the single currency region following France and Germany's failure to agree a schedule for initiating shared oversight of the region's ban
Read moreLondon open: Bumi battered by concerns at subsidiary
24th Sep 2012 08:39
London has started the week on a dull note, with renewed concerns over the single currency region weighing on sentiment following France and Germany's failure to agree a schedule for initiating shared oversight of the region banking sector. Bumi plummets Mining giant Bumi said it was investigatin
Read moreLondon pre-open: Firm drop forecast for FTSE
24th Sep 2012 07:24
City sources predict the FTSE 100 will open down 47 points from Friday's close of 5,853, weighed down by broadly lower trading in Asia, which has been affected by concerns over the Eurozone. There have been renewed concerns over the single currency region following France and Germany's failure to
Read moreDairy Crest still on track for full year
24th Sep 2012 07:10
Dairy Crest warned of lower first half profits, as challenging conditions continue, but said profit expectations for the full year ending March 31st 2013 remain unchanged. Trading in the first half-year has remained challenging and profits, having adjusted for the disposal of the French spreads bu
Read moreThursday broker round-up - UPDATE
6th Sep 2012 09:00
Abcam: Canaccord Genuity keeps hold rating and 370p target. AG Barr: Societe Generale upgrades ot hold, target lifted from 370p to 440p. ASOS: Nomura ups target from 1,660p to 1,700p, neutral rating kept. Barclays: Credit Suisse downgrades to neutral, target cut from 215p to 200p. BG Group: Gold
Read moreDairycrest signs agreement for sale of St Hubert assets
26th Jul 2012 10:26
Dairy Crest has signed the Sale and Purchase Agreement for the sale of St Hubert for 430m euros, following the completion of the consultation process with the French Works Council. The sale is now reliant on approval from Dairy Crest shareholders and clearance from the French Anti-Trust Authority.
Read moreTuesday broker round-up
17th Jul 2012 08:15
ARM: Citigroup cuts target from 730p to 600p, buy recommendation maintained. AstraZeneca: Bernstein reduces target from 3,037p to 3,002p, market perform rating kept. Beazley: JP Morgan Cazenove raises target from 147p to 155p, neutral rating kept. Bodycote: JP Morgan Cazenove cuts target from 437
Read moreDairy Crest in line for year despite tough quarter
17th Jul 2012 07:20
Dairy Crest said overall trading in the first quarter has been challenging, especially in its Dairies business but expectations for the full year remain unchanged. Dairy Crest, which supplies about a third of the UK's supermarket milk, said its financial position remains in line with company expec
Read moreLondon open: Stocks jump on summit developments
29th Jun 2012 08:45
- EU leaders make break-through agreements - FSA reveals another banking scandal - Banks rise after yesterday's sell-off The FTSE 100 surged in early trading on Friday on the back of developments at the EU summit after European leaders issued a joint statement after the first day of discussions. L
Read moreLondon pre-open: FTSE to soar after EU agreement
29th Jun 2012 07:37
City sources predict the FTSE 100 will open up 102 points from yesterday's close of 5,493, after the EU made a surprise agreement to allow banks to use the Eurozone's bailout funds to boost the region's struggling banks. Following more than 12 hours of discussions in Brussels, the 'breakthrough' dea
Read moreDairycrest to sell French spreads business and focus on UK
29th Jun 2012 07:10
Dairy Crest Group has received a binding offer from Montagu Private Equity for the proposed disposal of the entire issued share capital of St Hubert following a strategic review of the business. Montagu is offering a consideration of €430m (£344m) in cash for St Hubert, which Dairy Crest purchased
Read moreSector movers: Home Retail boosts retailers, Danone dents food stocks
19th Jun 2012 15:50
With Home Retail's market value increasing by a quarter, the general retail sector was the best performing category on Tuesday afternoon. The stock jumped in early trading after revenues at its Argos division came in at £819m for the quarter, down just 0.2% on a like-for-like basis. The City consen
Read moreTuesday broker round-up - UPDATE
29th May 2012 09:06
Brewin Dolphin: Peel Hunt maintains buy rating and 185p target. BTG: finnCap raises target from 326p to 331p, hold rating maintained. Euromoney Institutional Investor: Peel Hunt upgrades from hold to buy, target left at 800p. Greggs: Canaccord Genuity upgrades from hold to buy, target left at 520
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