FTSE 250 movers: Bumi lifted by improved production
12th Feb 2013 15:52
Bumi plc said coal sales and production grew during the fourth quarter in the wake of company infighting with co-founder Nat Rothschild. Sales were up 30% to 6.5m tonnes and output grew 15% to 5.9m tonnes over the last three months of 2012 at Indonesian business PT Berau Coal Energy, in which Bumi
Read moreWetherspoon CEO trades in 6,000 shares days after margins disappoint
21st Jan 2013 16:28
The Chief Executive Officer of pub group JD Wetherspoon has sold 6,000 shares in the group less than a week after it revealed a drop in its half-year operating margin. John Hutson traded in the shares at 502p a time, pocketing £30,120 before tax. The group said it expects its operating margin fo
Read moreThursday broker round-up UPDATE
17th Jan 2013 07:19
African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an
Read moreDiploma posts reduction to operating margins
16th Jan 2013 11:00
Shares in FTSE 250 group Diploma dropped on Wednesday morning after it confirmed operating margins had reduced and Northern European markets had been affected by trading conditions in the region. The specialised technical products and services provider said that in the three months ended December
Read moreFriday broker round-up UPDATE
11th Jan 2013 07:01
Aberdeen Asset Management: Credit Suisse raises target price from 380p to 410p reiterating an outperform rating. Afren: Deutsche Bank cuts target price from 175p to 165p stayling with its buy rating. Ashmore Group: Credit Suisse moves target price from 380p to 375p and downgrades to underperform.
Read moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
Read moreTuesday tips round-up: Mitie, Diploma and Majestic
20th Nov 2012 06:43
Tempus in The Times writes that outsourcers have had a largely positive reporting season this autumn and Mitie was sounding upbeat yesterday, even if the shares, which went above 300p briefly last week, fell 10p to 280p because of profit-taking. Revenues were up by 5.6% to £1,027m in the first hal
Read moreMonday broker round-up UPDATE
19th Nov 2012 07:34
Aquarius Platinum: Nomura raises target price from 35p to 95p and upgrades from neutral to buy. Associated British Foods; Societe Generale upgrades to buy from hold. Atkins: Jefferies reduces target price from 850p to 800p, buy recommendation reiterated. Aveva: Panmure Gordon reduces target price
Read moreDiploma delivers double-digit growth
19th Nov 2012 07:09
Continued strength at its seals business helped Diploma post revenue in line with company expectations for the year. Revenue in seals, which supplies components and kits for heavy machinery and industrial equipment, hydraulic seals, gaskets and cylinders, climbed 13% after particularly strong from
Read moreMonday 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 moreMargins ease at Diploma
24th Sep 2012 07:18
Specialised technical products and services provider Diploma expects results for the year to the end of September will be in line with market consensus. Revenues are tipped to be around 13% ahead of the previous year, with underlying revenues advancing by some 6%. Fourth quarter revenues are set t
Read moreTuesday broker round-up
31st Jul 2012 09:19
Dignity: N+1 Brewin upgrades to add, target raised from 880p to 950p. Diploma: Jefferies reiterates buy rating and 510p target. Elementis: N+1 Brewin upgrades to buy, target upped from 220p to 230p. EnQuest: HSBC upgrades to overweight, target lifted from 135p to 143p. Faroe Petroleum: Nomura ra
Read moreLondon close: Stocks jump on central bank hopes; IAG surges
30th Jul 2012 17:05
- IAG leads Footsie higher; banks, miners follow suit - ECB expected to act soon - QE3 hopes in the US drive gains UK stocks started the week well as risk appetite increased on hopes that European policy-makers will announce measures this week to stem the crisis and the US central bank will act to
Read moreFTSE 250 movers: Diploma dives as growth slows
30th Jul 2012 14:32
Specialised technical products and services provider Diploma was out of favour after saying that underlying revenue growth was just five per cent against a strong prior-year comparative. Trading systems developer Fidessa was also a heavy faller after top line growth was below forecasts in the firs
Read moreLondon midday: Stimulus hopes drive risk appetite
30th Jul 2012 12:03
- Juncker says leaders have 'no time to lose' - Markets await policy decisions by ECB and Fed - Yields fall at Italian bond auction European stock markets were making moderate gains on Monday morning as risk appetite increased on the back of hopes of central bank action this week in Europe and the
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