FTSE 250 movers: Ladbrokes boosted by upgrade, property stocks lower
4th Jun 2015 13:19
Mid-caps were trading in the red on Thursday afternoon, as weakness in industrial metals, engineering and property stocks weighed on the market. As of 15:30 BST, the FTSE 250 was trading 0.66% lower at 18,142 points. Ladbrokes was making gains as broker Peel Hunt upgraded its rating on the stock to
Read moreDomino's Pizza names new chief financial officer
3rd Jun 2015 15:06
Domino's Pizza Group has announced the appointment of a new chief financial officer, who will take up the position on 8 June. Paul Doughty, who held the same role at Moneysupermarket.com Group, has more than 20 years of commercial finance experience. Domino's chairman Stephen Hemsley said Doughty "
Read moreWednesday broker round-up
29th Apr 2015 19:53
Sky: JP Morgan reiterates neutral stance and 1,170p target. GlaxoSmithKline: UBS reiterates buy and 1,700p target. StanChart: Nomura reiterates neutral and lifts target to 1,170p from 1,030p. UBS reiterates neutral stance with 1,000p target. Henderson Group: Citi reiterates buy with 3,250p target.
Read moreFTSE 250 movers: Domino Printing up on Japanese acquisition
11th Mar 2015 13:42
Japan-based office equipment supplier Brother Industries has agreed to acquire British printing technology company Domino Printing Sciences for £1.03bn, unleashing a 32% surge in the share price. Domino, which has operations in the UK, China, Germany, India, Sweden and the US, will continue to opera
Read moreBroker tips: RBS, Standard Chartered, Domino's Pizza
26th Feb 2015 12:01
Investec has retained a 'sell' rating on RBS after 2014 results from the UK banking group missed market forecasts, saying that the stock's valuation was too expensive. "RBS has now achieved a seventh successive year of heavy reported losses (2008-2014 inclusive) and we expect only a 'breakeven' perf
Read moreNumis upgrades Domino's Pizza to 'buy' on strong growth prospects
26th Feb 2015 10:24
There is upside risk to the market's forecasts for Domino's Pizza, according to Numis Securities, which upgraded the stock from 'add' to 'buy' on Thursday after a strong annual report. The pizza delivery chain reported 10.3% growth in group revenues to a record £294.4m in 2014, with UK like-for-like
Read moreDomino's Pizza boosts FY14 earnings despite weaker German performance
26th Feb 2015 07:53
Britain's most popular online pizza store, Domino's Pizza Group, reported an annual increase in earnings in 2014 and registered strong UK like-for-like sales growth but noted challenges in the German market. Domino's, which operates mainly in the UK but also has smaller businesses in Ireland, Switze
Read moreFTSE 250 movers: Food retailers take a hit while energy stocks soar
23rd Dec 2014 09:41
Retail stocks were mixed on the day before Christmas Eve. Home Retail Group, N Brown Group and Supergroup were advancing as last-minute shoppers headed online and hit the high street. Shares in Workspace Group were rising after the company agreed a cash payment of £30m to terminate the proceeds sha
Read moreThursday broker round-up UPDATE
6th Nov 2014 10:01
Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged. Afren: Liberum Capital cuts target price from 121p to 95p and stays with its hold recommendation. Antofagasta: Canaccord cuts target price from 790p to 760p and reiterates a hold recommendation. Associ
Read moreFTSE 250 movers: Renishaw leads after updating second half outlook
27th Oct 2014 13:56
Renishaw has revealed that it now expects to continue to experience the revenue growth seen in its first quarter in the second half of its financial year. The brief announcement from the metrology and healthcare manufacturer came less than two weeks after it delivered its interim management statemen
Read moreLondon close: ECB conference sends FTSE sliding more than 100 points lower
2nd Oct 2014 17:15
London's blue chips ended Thursday's session more than 100 points lower, as the European Central Bank (ECB) conference disappointed traders. The FTSE 100 closed 111.13 points below the opening bell, at 6,446.39. The ECB decided to keep key rates unchanged and unveiled further details of its asset-b
Read moreDomino's Pizza delivers strong quarterly performance
2nd Oct 2014 08:50
Domino's Pizza Group served up yet another tasty set of numbers on Thursday, driven by a strong UK performance thanks to improved economic conditions, continued emphasis on meal deal promotions and more customers ordering online. For the 12 weeks ended 28 September, UK like-for-like (LFL) sales rose
Read moreThursday broker round-up UPDATE
31st Jul 2014 09:30
Afren: Oriel places both target price and recommendation under review. Canaccord Genuity places both its target price (prev.: 150p) and its hold recommendation under review. Investec places its target price (prev.: 195p) under review and downgrades from buy to hold. Arbuthnot: Numis ups target pric
Read moreINTERVIEW - Domino's restarts share buybacks after World Cup success
29th Jul 2014 13:31
The World Cup kick-started summer sales at Domino's Pizza, prompting the chain to restart its share buyback programme and hike its dividend, its boss said on Tuesday. The football in Brazil contributed 1% to sales in the six months to June 29th, which rose 14.9% to £375m. Domino's cashed in on peo
Read moreUK economic upturn puts sizzle in Domino's Pizza profits
29th Jul 2014 08:38
The economic recovery in the UK helped takeaway chain Domino's Pizza to rustle up a 10% rise in half-year profits, but it said trading in Germany was tough. Domino's said improved consumer confidence was encouraging more Britons to treat themselves to a pizza, resulting in what it described as an e
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