London pre-open: Steep falls expected early on
3rd Jul 2013 07:50
Markets are expected to open with steep losses on Wednesday morning as nerves set in ahead of central-bank meetings on Thursday and the all-important US jobs report on Friday. City sources predict the FTSE 100 will open down 60 points from yesterday's close of 6,304. Both the European Central Ban
Read moreDomino's Pizza LFL sales rise 6.1 per cent
3rd Jul 2013 07:15
Pizza delivery firm Domino's Pizza said strong momentum continued into the second quarter with sales rising by 11.7 per cent from strong comparatives a year earlier. Sales rose to £147.6m in the 13 weeks to June 30th 2013 from £132.2m a year before while like-for-like (LFL) sales climbed 6.1%, comp
Read moreFriday broker round-up UPDATE
5th Apr 2013 08:33
Aberdeen Asset Management: Jefferies moves target price from 400p to 420p keeping a hold recommendation. Aggreko: Investec reduces target price from 2065p to 1900p downgrading from buy to add. APR Energy: Investec takes target price from 650p to 900p retaining a hold recommendation. ARM Holdings:
Read moreFTSE 250 movers: Domino's Pizza rises on Q1 figures
4th Apr 2013 15:56
Domino's Pizza Group rose strongly after it delivered tasty first quarter numbers, with like-for-like sales ahead 6.6 per cent thanks to new products such as its Hot Dog Stuffed Crust. Kazakhmys got a boost after Tradenext highlighted opportunities for potential upside in the sector following the
Read moreLondon midday: Markets flat as BoE holds fire, traders await ECB
4th Apr 2013 11:19
The FTSE 100 was little changed by Thursday lunchtime as the Bank of England (BoE) voted to monetary policy on hold, as all eyes turn to the European Central Bank (ECB) ahead of its policy decision in the coming hours. Traders also had to digest a number of mixed economic indicators this morning, w
Read moreBroker tips: Miners, Domino's, SDL
4th Apr 2013 11:00
Tradenext has highlighted opportunities for potential upside in the mining sector following the sell-off in recent weeks, though these opportunities are high risk, the broker warned. "China growth rates are slowing but surely the prices of some of these shares are at silly levels and could easily j
Read moreBroker snap: Domino's still a 'sell' despite Q1 beat, says Panmure
4th Apr 2013 09:13
Panmure Gordon has raised its target price for Domino's Pizza from 360p to 380p after the group's first-quarter update came in well ahead of expectations, but the broker has retained its negative stance on the stock. Like-for-like (LFL) sales in the pizza chain's first quarter ending March 31st wer
Read moreLondon open: Markets cautious ahead of central bank meetings
4th Apr 2013 08:45
Markets opened slightly lower in London on Thursday despite a much-welcome boost for the Japanese economy announced overnight, as investors kept their powder dry ahead of policy decisions from the Bank of England (BoE) and the European Central Bank (ECB) this afternoon. The Bank of Japan (BoJ) anno
Read moreThursday broker round-up UPDATE
4th Apr 2013 07:32
Aviva: Bank of America cuts target price from 350p to 335p, while its neutral rating remains unchanged. Barratt Developments: Credit Suisse revises target price from 223p to 317p, while staying with its neutral rating. Bellway: Credit Suisse moves target price from 1202p to 1639p and leaves its ou
Read moreDomino's Pizza delivers first quarter growth
4th Apr 2013 07:30
Domino's Pizza Group has delivered tasty first quarter numbers, with like-for-like sales ahead 6.6 per cent thanks to new products such as its Hot Dog Stuffed Crust. Overall sales across the UK, Ireland, Germany and Switzerland rose 12.3% to £164.1m in the first three months of 2013 despite potenti
Read moreWednesday broker round-up UPDATE
3rd Apr 2013 08:41
Aggreko: Credit Suisse takes target price from 1850p to 2000p staying with its neutral rating. Andor Technology: Investec ups target price from 500p to 525p reiterating a buy recommendation. AngloAmerican: Credit Suisse cuts target price from 2100p to 1900p and reiterates a neutral rating. Antofa
Read moreDomino's Pizza directors sell up as US Q4 comes in glowing
28th Feb 2013 16:17
Two Domino's Pizza directors made the most of a glowing set of fourth-quarter results out from its US parent company on Thursday by using it to sell off a super-size slice of their shares without upsetting the share price. Nigel Wray, a non-executive Director, disposed of £29.4m-worth of shares, w
Read moreWednesday broker round-up UPDATE
27th Feb 2013 08:11
: Panmure Gordon reduces target price from 2159p to 1742p and reiterates its hold recommendation. Antofagasta: JP Morgan cuts target price from 1485p to 1400p, while retaining its overweight rating. Barclays: Numis raises target price from 351p to 400p and upgrades to buy. BT Group: UBS moves tar
Read moreLondon close: Markets volatile after mixed news on Italian election
25th Feb 2013 17:11
The FTSE 100 saw a volatile end to the trading session on Monday as a number of conflicting news reports emerged from the Italian exit polls. Milan's FTSE MIB index gained as much as 4.0% earlier in the day after it was rumoured that centre-left Pier Luigi Bersani could win a majority in both the l
Read moreFTSE 250 movers: Senior jumps after record results
25th Feb 2013 15:14
Aeronautics and industrial component manufacturer Senior was a high riser on Monday after reporting a record set of results for 2012. The company reported a 14% rise in full-year sales last year and a 17% jump in adjusted profits before tax, helped by a strong first year's performance from the West
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