FTSE 250 movers: Halfords pedals higher after strong Q4
22nd May 2014 15:03
Cycling and auto accessories retailer Halfords sped into the top spot after full-year profits accelerated past consensus forecasts thanks to a stonking fourth quarter from cycling as the group's investment programme began to deliver results. A 9.9% fourth quarter increase in retail sales and 4.3%
Read moreElectrocomponents buoyed by international demand
22nd May 2014 08:53
- Pre-tax profit up 7.4 per cent - Full-year revenue improves 2.1 per cent - Expect progress towards medium-term performance goals Electronics and maintenance products distributor Electrocomponents said annual headline pre-tax profit rose 7.4 per cent, fuelled by demand from Europe and North Americ
Read moreElectrocomponents boosted by strong fourth quarter
3rd Apr 2014 07:41
- FY sales up two per cent thanks to strong Q4, profits in line - Gross margin stable - Sales up four per cent in Q4 - North America powers ahead despite Trading improved in the fourth quarter for Electrocomponents, the electronics and maintenance products maker, as accelerating overseas sales coun
Read moreSunday share tips: Babcock, Electrocomponents, easyJet
30th Mar 2014 15:27
The fall in engineering company Babcock's share price is overdone, Danny Fortson argued in his Inside the City column in the Sunday Times. The fall was partly because of the rights issue to pay for the takeover of helicopter operator Avincis but investors also think Peter Rogers, Babcock's Chief Exe
Read moreWednesday broker round-up UPDATE
5th Feb 2014 09:04
Afren: Westhouse Securities ups target price from 165p to 180p retaining a buy recommendation. Amlin: Nomura lowers target price from 467p to 442p maintaining a neutral rating. ARM Holdings: Jefferies reduces target price from 1300p to 1140p, while keeping a buy recommendation. Deutsche Bank cuts
Read moreLondon close: Stocks erase losses but still end lower
4th Feb 2014 16:31
- Earnings from ARM, BP, BG Group coming in mixed - FTSE 100 erases losses but still ends lower - Markets consolidate before risk events, says analysts techMARK 2,746.10 -0.75% FTSE 100 6,449.27 -0.25% FTSE 250 15,540.28 -0.12% The FTSE 100 erased earlier losses, but still finished lower on Tuesda
Read moreFTSE 250 movers: Victrex reports six per cent rise in sales
4th Feb 2014 15:48
Polymer producer Victrex topped the the risers on the FTSE 250 after it reported a six per cent rise in sales in the first quarter of 679 tonnes, in line with expectations. The company said the second quarter had 'started well' with January sales in excess of 330 tonnes. Premier Oil surged followin
Read moreLondon midday: ARM, BP drag markets lower amid choppy session
4th Feb 2014 11:41
- Markets bounce off lows but still in negative territory - Stocks tracking losses in US, Asia - ARM, BP, Electrocomponents and Ocado lower after results techMARK 2,747.57 -0.70% FTSE 100 6,437.48 -0.44% FTSE 250 15,494.78 -0.41% It was a choppy morning for UK markets on Tuesday as stocks pared lo
Read moreElectrocomponents reports sales growth
4th Feb 2014 10:20
Electronics and maintenance products distributor Electrocomponents said group underlying sales rose two per cent in the four months through January. International sales were up 4%, offsetting a 2% drop in UK sales. Within International, Continental Europe grew by 5%, North America increased 3% an
Read moreWednesday broker round-up UPDATE
20th Nov 2013 08:46
Afren: Liberum Capital raises target price from 197p to 232p and maintains a buy recommendation. AstraZeneca: Berenberg cuts target price from 3472p to 3430p reiterating a hold recommendation. AVEVA Group: Liberum Capital reduces target price from 2350p to 2250p and keeps its hold recommendation.
Read moreFriday broker round-up UPDATE
15th Nov 2013 07:38
Amlin: Berenberg raises target price from 398p to 434p, but still recommends selling. Barclays cuts target price from 481p to 453p and retains an overweight rating. Antofagasta: Numis raises target price from 750p to 850p and reiterates a hold recommendation. AstraZeneca: Liberum Capital upgrades
Read moreElectrocomponents cheers with modest rise in first half sales
14th Nov 2013 08:24
- H1 sales up 1.1 per cent - Market continued to be challenging - Signs of improvement in October FTSE 250 distributor of electronics and maintenance products, Electrocomponents, posted a one per cent increase in sales for the half-year ended September 30th, driven by international growth, particul
Read moreTuesday broker round-up UPDATE
5th Nov 2013 08:57
Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target
Read moreElectrocomponents posts modest half-year sales rise
2nd Oct 2013 07:39
Electronics and maintenance products supplier Electrocomponents posted half year sales growth of one per cent after a solid performance from Continental Europe and North America outweighed weakness in the UK. In an update for the six months ending September 30th, while underlying sales grew just 1%
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
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