Sunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid
18th Sep 2016 16:31
(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco
Read moreSector movers: Beverage stocks pace gains
13th Sep 2016 16:39
(ShareCast News) - Defensive issues took over from cyclicals, with beverage stocks climbing to the top of the leaderboard on the back of positive broker commentary. Analyst Charles Pick at Numis bumped up his recommendation on shares of AG Barr from 'hold' to 'add' ahead of the company's next set of
Read moreTuesday broker round-up
13th Sep 2016 11:56
(ShareCast News) - GVC Holdings: Berenberg reiterates buy with a target price of 760p. Softcat: Citigroup reiterates buy, 410p target. GlaxoSmithKline: Jefferies downgrades to underperform with a 2300p target. Relx: UBS stays at buy with a 1600p target. GB Group: Citigroup starts coverage at buy
Read moreThursday broker round-up
1st Sep 2016 18:52
(ShareCast News) - Virgin Money: Berenberg reiterates hold with a target price of 300p. Alumasc Group: Peel Hunt maintains buy with a 210p target. Morrisons: Goldman Sachs downgrades to sell with a 175p target. Diageo: HSBC reiterates hold with a 2350p target. Lavendon: Berenberg keeps at buy wit
Read moreTuesday broker round-up
30th Aug 2016 09:24
(ShareCast News) - Glencore: Jefferies reiterates hold with a target price of 180p. British American Tobacco: UBS maintains buy with a 5300p target. Smiths Group: Barclays reiterates overweight with a 1300p target. South 32: Exane BNP Paribas reiterates outperform with a 130p target. Diageo: Bere
Read moreWednesday round-up
3rd Aug 2016 12:13
(ShareCast News) - Laird: UBS upgrades to buy with a target price of 350p. Direct Line Group: Deutsche Bank maintains buy with a 435p target. Associated British Foods: Exane BNP Paribas reiterates outperform with a 3300p target. Sky: Goldman Sachs reiterates buy with a target price of 1029p. Fres
Read moreMonday broker round-up
1st Aug 2016 09:49
(ShareCast News) - Thomas Cook: Berenberg reiterates hol d with a target price of 60p. Diageo: JP Morgan maintains overweight with a 2400p target. Indivior: Jefferies reiterates buy with a 330p target. Anglo American: HSBC stays at hold with a 930p target. Just Eat: UBS keeps at sell with a targ
Read moreDiageo posts positive organic growth, while reported sales slide
28th Jul 2016 11:13
(ShareCast News) - International distilling giant Diageo posted its preliminary results for the year to 30 June on Thursday, reporting an improvement in organic results with volume growth of 1.3%, net sales growth of 2.8% to £10.485bn, and operating profit growth of 3.5% to £3.008bn. The FTSE 100 fi
Read moreSunday share tips: Diageo, Equiniti
24th Jul 2016 10:43
(ShareCast News) - Buy shares in Diageo, said the Sunday Times' Inside the City column. The maker of Johnnie Walker, Guinness and Baileys is trading around its all-time highs as it sees a long-awaited turnaround at its North American business, stiffened by stronger dollar chaser. Annual results rele
Read moreAnna Manz moving from Diageo to Johnson Matthey
14th Jul 2016 15:04
(ShareCast News) - Distilled beverages producer Diageo announced on Thursday that group strategy Anna Manz has decided to leave after 17 years with the company, to join fellow FTSE 100 company Johnson Matthey as group finance director. The firm said Manz will leave at the end of September and her su
Read moreMonday newspaper round-up: BoE groupthink, corporate governanace, BT, Diageo, Tesla
11th Jul 2016 06:53
(ShareCast News) - A former Bank of England economist has called for an overhaul of the central bank's approach to decision making and for the power of the governor to be curtailed, as the first interest rate cut since 2009 is considered in response to the economic turbulence that has followed the B
Read moreSector movers: House builders and banks rally
8th Jul 2016 18:37
(ShareCast News) - House builders, banks topped the blue-chip winners' ladder at close of play on Friday, having last week and this suffered under the shadow of Britain's non-binding vote to quit the EU. Taylor Wimpey, Berkeley Group, Barratt Developments and Persimmon sprinted higher with gains of
Read moreMonday broker round-up
4th Jul 2016 08:05
(ShareCast News) - Auto Trader: Barclays stays at equal-weight with a target price of 340p. Dignity: Berenberg reiterates buy with a 2825p target. Dixons Carphone: HSBC keeps at buy with a target price of 400p. Mitchels & Butlers: JP Morgan downgrades to neutral with a target of 240p. Diageo: Ber
Read moreDiageo appoints ex-Bacardi CEO as chairman
18th May 2016 14:51
(ShareCast News) - Diageo has appointed Javier Ferrán - a former chief executive at Bacardi and current non-executive director at SABMiller - as a non-executive director from 22 July. He will be appointed as chairman on 1 January 2017 on the retirement of Dr Franz Humer. Ferrán is a partner at Lion
Read moreBroker tips: Aviva, Diageo, Astrazeneca
12th Apr 2016 12:42
(ShareCast News) - Recent underperformance led analysts at Credit Suisse to remove Aviva from their Europe Focus List, but they expected the stock's price to close the gap versus its peers over the next few years. The decision to remove the stock from that list was triggered by the shares' breach of
Read more