London pre-open: Markets seen higher with central banks in focus
17th Jul 2013 07:41
Stocks are expected to make small gains on Wednesday morning with both the Bank of England (BoE) and Federal Reserve in focus. City sources predict the FTSE 100 will open up around 10 points from yesterday's close of 6,556. The minutes of the latest BoE policy meeting are due out this morning with
Read moreElectrocomponents quarterly sales up a touch
17th Jul 2013 07:13
Electronics and maintenance products supplier Electrocomponents said first quarter underlying group sales inched higher and while market conditions remain subdued, it expects to make progress towards medium-term performance goals. Underlying sales grew 1% for the quarter ended June 30th 2013, Inter
Read moreTwo N Brown execs trim holdings after stock's impressive rise
9th Jul 2013 16:05
Two long-standing executive boardmembers at internet shopping group N Brown have each sold a large chunk of shares in the company just a week after the firm's upbeat first-quarter trading update, taking advantage of the stock's stellar rise so far this year. Chief Executive Officer Alan White on Tu
Read moreLondon open: Stocks fall as investors brace for Fed meeting
19th Jun 2013 08:09
Following strong gains the day before, markets opened lower on Wednesday morning as investors paused for breath in anticipation of the Federal Reserve policy decision due out this evening. "Despite the tranche of economic data due today, investors will probably be focused on Fed Chairman Ben Bernan
Read moreMonday broker round-up UPDATE
10th Jun 2013 07:34
ASOS: HSBC Holdings increases target price from 3660p to 4380p and keeps an overweight rating. Bellway: Deutsche Bank raises target price from 1482p to 1503p and reiterates a hold recommendation. Betfair Group: Citi ups target price from 880p to 950p, upgrading from neutral to buy. Capco: UBS inc
Read moreWednesday broker round-up UPDATE
5th Jun 2013 09:34
Aberdeen Asset Mangement: UBS cuts target price from 520p to 505p, while maintaining its buy recommendation. Alternative Networks: Investec revises target price from 350p to 390p keeping a buy recommendation. API Group: Numis upgrades to add with a target price of 75p. Ashmore Group: UBS lowers t
Read moreFriday tips round-up: BTG, SAB Miller, Electrocomponents
24th May 2013 11:19
Shares of BTG have been held back since the start of the year due to concerns regarding impending acquisitions. Nevertheless, now that these - and a 106.3m pound capital issue - are out of the way the stock should progress, says The Times's Tempus. The company will acquire North America based Ekos a
Read moreFriday broker round-up UPDATE
24th May 2013 08:00
Aveva: Panmure Gordon ups target price from 2076p to to 2091p keeping a hold recommendation. Investec takes target price from 2450p to 2500p and retains its buy recommendation. Credit Suisse increases target price from 2013p to 2240p, while staying with its neutral rating. Barratt Developments: Lib
Read moreElectrocomponents dips after posting decline in annual profits
23rd May 2013 10:09
Shares in FTSE 250-listed electronics and maintenance products distributor Electrocomponents dipped slightly on Thursday morning after the group unveiled its results for the year ended March 31st showing a decline in headline profit before tax. Headline pre-tax profit was £98.7m, a decrease of £23.
Read moreThursday broker round-up UPDATE
23rd May 2013 08:35
Amara Mining: Numis lowers target price from 80p to 70p, while keeping a buy recommendation. ARM Holdings: Exane downgrades to neutral with a target price of 1000p. Aveva: Panmure Gordon raises target price from 1900p to 2076p and retains a hold recommendation. Canaccord Genuity increases target p
Read moreMonday broker round-up UPDATE
22nd Apr 2013 07:20
Admiral Group: Deutsche Bank takes target price from 1140p to 1300p retaining a hold recommendation. African Barrick Gold: Deutsche Bank ups target price from 173p to 180p staying with its hold recommendation. Albemarle & Bond: Canaccord Genuity reduces target price from 280p to 146p and downgrade
Read moreTuesday broker round-up UPDATE
2nd Apr 2013 08:28
Afren: Liberum Capital shifts target price from 123p to 130p maintaining a hold recommendation. Amara Mining: Numis initiates with a target price of 80p and a buy recommendation. APR Energy: Espirito Santo downgrades to sell with a target price of 680p. ASOS: Goldman Sachs increases target price
Read moreElectrocomponents forecasts slight underlying growth in final quarter
28th Mar 2013 08:05
FTSE 250-listed Electrocomponents, the distributor of electronics and maintenance products, has forecasted that in the final quarter, group underlying sales growth is expected to be around 1.0 per cent. In a pre-close trading update ahead of publishing its full-year results on May 23rd, the group
Read moreJupiter Fund Management Chief disposes of 750,000 shares
18th Mar 2013 16:28
Edward Bonham Carter, the Group Chief Executive of Jupiter Fund Management, has traded in 2.65m pounds-worth of shares just a few weeks since the group boosted its total dividend for 2012 by 13 per cent. Bonham Carter sold 750,000 shares at 350.75p a time, making a modest dent in his stake which n
Read moreJohn Whittaker increases stake in Intu
13th Mar 2013 16:21
The Deputy Chairman of Intu (formerly Capital Shopping Centres), John Whittaker, has boosted his stake in the group by 60,000 shares two weeks after the company posted a stable set of full year results. Whittaker, who joined the board after selling the well-known Trafford Centre shopping mall to C
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