Friday broker round-up
11th Jan 2019 13:28
(Sharecast News) - Antofagasta: Peel Hunt downgrades to add with a target price of 930p.
Read moreEcoSecurities welcomes JP Morgan bid
14th Sep 2009 08:49
Irish carbon credit specialist EcoSecurities, which has been fielding a number of offers for the company, has accepted terms from US bank JPMorgan Chase. Carbon Acquisition Company (CAC), a wholly owned subsidiary of JPMorgan, is offering 100p cash per EcoSecurities share. The terms value the enti
Read moreLondon open: Footsie starts flat
3rd Sep 2009 08:17
Footsie is flat in early deals with miners pushing the markets in one direction and financials and defensives dragging it the other. Amongst the major risers so far are miners Randgold Resources, Lonmin, Xstrata, Kazakhmys, Rio Tinto, Fresnillo and Vedanta Resources. the big fallers are RSA Insuran
Read moreLondon pre-open: Small fall ahead
3rd Sep 2009 07:37
London's top stocks look set to add to yesterday's losses, though traders expect only a 10 points drop early on. HMV reported a 1.8% drop in total like-for-like sales in the 18 week period since the end of April in what the entertainment media group called a tough consumer environment. Separately,
Read moreTricorona scraps EcoSecurities bid
3rd Sep 2009 07:22
Swedish firm Tricorona said it has decided not to proceed with an offer for Irish carbon credit company EcoSecurities. Tricorona announced in July that it is mulling the possibility of making a bid for the group. In response to Tricorona's statement, EcoSecurities said it is in ongoing discussions
Read moreUpdate: EcoSecurities considering Guanabara revised offer
1st Sep 2009 17:45
Irish carbon credit company EcoSecurities said it is considering the terms of the revised offer from Dutch firm Guanabara Holdings Guanabara earlier today upped the ante in its hostile takeover attempt of EcoSecurities with an increased final offer of 90p per share, raising it from 77p. "The boa
Read moreGuanabara makes final bid for EcoSecurities
1st Sep 2009 09:22
Dutch firm Guanabara Holdings has upped the ante in its hostile takeover attempt of Irish carbon credit companyEcoSecurities with an increased and final offer. Guanabara has raised its offer terms from 77p in cash per EcoSecurities share to 90p per share. The Dutch company said the offer terms wou
Read moreSmall caps round-up: Billing Services, Playwize, EcoSecurities...
21st Aug 2009 07:57
Billing Services, which provides financial risk management solutions to the telecommunications industry, saw underlying profit rise for the half-year and said it was on track to meet expectations for the full year. For the first half, EBITDA increased to $19.2m from $17.4m before on turnover that r
Read moreSmall caps round-up: Devro, Cashbox, Sportech...
4th Aug 2009 11:30
Devro more than doubled first half pre-tax profit to £11m from £5m a year ago and the sausage skin maker expects the improving performance to continue through the second half. Profit before exceptional items for the six months ended 30 June 2009 rose 17% to £9.2m on sales up 27% to £105m. The inter
Read moreEcosecurities shuns Guanabara offer
23rd Jul 2009 15:47
Dutch firm Guanabara's 77p per share cash offer for Irish carbon credit company EcoSecurities has been rejected. EcoSecurities said it rejected the offer because it is "wholly inadequate", adding that it will issue a formal response on or before 5 August. "In the meantime, EcoSecurities sharehol
Read moreTricorona considering EcoSecurities bid
21st Jul 2009 14:39
Swedish firm Tricorona is considering a bid for Irish carbon credit company EcoSecurities. "Tricorona... is reviewing the situation regarding the possibility of making an offer for EcoSecurities. There can be no certainty that any offer will be forthcoming," it said. EcoSecurities said it will rev
Read moreGuanabara makes EcoSecurities bid, EDF pulls out
16th Jul 2009 15:49
Dutch firm Guanabara Holdings has made a £91m offer for Irish carbon credit company EcoSecurities while French energy firm EDF has pulled out of the bid battle. EDF Trading, a subsidiary of EDF, confirmed that it does not intend to make an offer for EcoSecurities and instead agreed a portfolio deal
Read moreLondon close: Late rally not enough
8th Jun 2009 17:01
Footsie came off its lows towards the close of trading Monday but still finished lower, held back by a weak mining sector. Mining stocks Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo, Lonmin and Antofagasta all featured among the ten worst perfor
Read moreLondon afternoon: Lloyds rump placed at 60p
8th Jun 2009 14:20
Footsie clawed back some losses over the lunch time session but remains in the red, thanks largely to the weakness of miners, which are following metals prices lower. Mining stocks Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo, Lonmin and Antofa
Read moreLondon midday: Miners weigh down Footsie
8th Jun 2009 12:19
London's blue-chip index is doing its usual trick of following the miners, which today are in a down phase. The worst performers in the mining sector are Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo and Antofagasta. Hochschild Mining follows
Read more