UK MARKET TALK ROUNDUP: BROKERS COMMENTS
24th Jun 2010 13:39
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1239 GMT [Dow Jones] Nomura raises Diageo (DGE.LN) price target to 1530p from 1500p as it takes a look at the beverages secto
Read moreMARKET TALK: Nomura Raises Diageo Price Target
24th Jun 2010 13:39
1239 GMT [Dow Jones] Nomura raises Diageo (DGE.LN) price target to 1530p from 1500p as it takes a look at the beverages sector. Brokerage continues to be optimistic about a return to medium-term growth rates for the spirits industry EBIT from FY'11 and says this means around 7% per annum for Diageo.
Read morePRESS RELEASE: Diageo U.S. Virgin Islands Rum Distillery Nears Completion
24th Jun 2010 13:13
ST. CROIX, U.S. Virgin Islands, June 24 /PRNewswire-FirstCall/ -- Diageo USVI, the Virgin Islands' newest rum distiller, announced today that construction of its rum distillery and barrel warehouse is nearing completion, and is on schedule to become operational by January 2011. Part of an historic p
Read morePRESS RELEASE: Fitch Rates Virgin Islands -2-
15th Jun 2010 21:54
Applicable criteria available on Fitch's web site at 'www.fitchratings.com' includes: --'Tax-Supported Rating Criteria', dated Dec. 21, 2009. --'U.S. State Government Tax-Supported Rating Criteria', dated Dec. 28, 2009. Contact: Douglas Offerman +1-212-908-0889 or Alexandra Edwards +1-20
Read morePRESS RELEASE: Fitch Rates Virgin Islands Matching Fund Bonds 'BBB+/BBB'; Outlook Stable
15th Jun 2010 21:53
The following is a press release from Fitch Ratings: Fitch Ratings-New York-15 June 2010: Fitch Ratings assigns the following ratings to Virgin Islands Public Finance Authority (VIPFA) revenue bonds: --$308 million revenue bonds (Virgin Islands matching fund loan note) series 2010A (senior
Read moreOn Dow Jones Investment Banker: Indian Health Care Sector
10th Jun 2010 22:26
LONDON (Dow Jones Investment Banker)--The following columns have been published exclusively on Dow Jones Investment Banker during the first week of June. Many Dow Jones Investment Banker columns contain spreadsheets, video, PDFs and other supporting material. To arrange access to the best of Dow Jon
Read moreUB Group: United Spirits Not Cut EBITDA Guidance For Whyte & Mackay
10th Jun 2010 10:44
BANGALORE (Dow Jones)--United Breweries Group Thursday denied a television report that its United Spirits Ltd. (532432.BY) unit has cut Whyte & Mackay Ltd.'s operating profit guidance for this financial year. "We have not issued any guidance (on Whyte & Mackay's EBITDA). We are going through a r
Read moreDiageo names new CFO as Rose steps down
11th May 2010 07:23
Diageo announced that Nick Rose will stand down at the Guinness owner's AGM on 14 October and that Deputy Finance Director Deirdre Mahlan will replace him as Chief Financial Officer. Nick will remain with Diageo until the end of December 2010. Diageo Chief Executive Paul Walsh said: "Deirdre joi
Read moreFriday tips round-up: BP, Diageo, Tomkins
7th May 2010 06:54
Is BP going to go bankrupt? That is the question for investors and putative investors to answer. Certainly the immediate outlook is bad. The fatal explosion and subsequent sinking of the Deepwater Horizon rig in the Gulf of Mexico two weeks ago is an unmitigated disaster. But chief executive Tony H
Read moreLondon close: Greece pulls Footsie down again
6th May 2010 16:43
Footsie ended the day sharply lower as Greece's problems reared up again and investors fretted about the outcome of today's election. Banks were hit hard as ratings agency Moody's warned that the UK lenders are "at risk of Greek contagion". Barclays, Royal Bank of Scotland, HSBC and even Asia-foc
Read moreLondon afternoon: Banks throw a Moody
6th May 2010 14:16
Footsie's morning gains evaporated over the lunch time session as fears over the debt crisis spreading from Greece reared up again. Banks were hit hard as ratings agency Moody's warned that the UK lenders are "at risk of Greek contagion". Barclays, Royal Bank of Scotland, HSBC and even Asia-focus
Read moreLondon midday: Modest gains for Footsie
6th May 2010 12:19
Footsie finished the morning in positive territory after a nervous start, with those looking for an excuse to buy finding plenty of reasons to do so from some of the big companies declaring results today. Fund manager Schroders is top of the tree after it said the momentum built up in 2009 has cont
Read moreLondon open: Footsie adds to losses
6th May 2010 08:20
London's top stocks are continuing this week's downward trend as the economic turmoil in Greece is still worrying investors. The European Central Bank is meeting this morning to discuss how to protect the Euro and calm down fears of a contagion. Wm Morrison is one of this morning's fallers after t
Read moreDiageo maintains guidance after profit jump
6th May 2010 07:31
Drinks brands giant Diageo reported a 12% rise in organic sales in the third quarter and maintained its full year guidance. In the quarter ended 31 March 2010 organic net sales growth was 12%, while net sales on a reported basis grew by 9%. The group said growth for the year to date was driven by o
Read moreFriday tips round-up: IMI, Persimmon, Bluebay
23rd Apr 2010 06:51
Five months after above-forecast profits prompted it to bring forward its trading statement, IMI is at it again. The mid-cap maker of valves and hydraulic controls yesterday broke its silence two weeks earlier than planned, telling the stock market that its outlook for the first-half of 2010 has "
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