Euromoney sells energy publishing businesses
1st Apr 2016 07:13
(ShareCast News) - Euromoney Institutional Investor announced its intention to sell its energy publishing businesses on Friday, for a total cash consideration of $18m. The FTSE 250 firm said it had entered into an agreement to sell Gulf Publishing Company in Houston and Petroleum Economist in London
Read moreFriday broker round-up
4th Mar 2016 16:52
(ShareCast News) - Coca-Cola Hbc: HSBC upgrades to neutral with a target price of 1423p. Petrofac: Citigroup downgrades to neutral. Redefine International: JP Morgan upgrades to neutral with a target price of 50p. William Hill: UBS downgrades to sell with a target price of 365p. Euromoney Interna
Read moreOil prices, China drag Euromoney in first quarter
28th Jan 2016 10:58
(ShareCast News) - Low oil prices and jitters over China dragged revenues down during the first quarter for Euromoney, with the company updating the market on Thursday. The FTSE 250 online information and events group said that, since its full year results released on 19 November 2015, trading had c
Read moreEuromoney appoints new managing director
9th Dec 2015 08:12
(ShareCast News) - Christopher Fordham has been appointed as managing director of corporate development at Euromoney Institutional Investors, the business-to-business media company said. Fordham, who will step in his new role on 1 January, will be responsible to oversee the group's mergers and acqui
Read moreFTSE 250 movers: Tullow gains on broker upgrades; Euromoney drops on acquisition
29th Sep 2015 15:17
(ShareCast News) - London's FTSE 250 index was down 0.8% to 16,489.54 at 1528 BST, falling in line with the broader market as investors continued to fret about an economic slowdown in China. Oil exploration and production company Tullow Oil was the standout gainer, benefiting from two rating upgrade
Read moreEuromoney buys 10% interest in California-based Zanbato
29th Sep 2015 07:26
(ShareCast News) - Euromoney Institutional Investor has acquired a 10% interest in intentional private capital placements platform and workflow tools provider Zanbato, for a consideration of $5.5m funded from existing cash resources. Euromoney, which is an international online information and events
Read moreFTSE 250 movers: Tate & Lyle in a sweet spot, but Poundland tumbles
24th Sep 2015 14:03
(ShareCast News) - London's FTSE 250 index was down 0.8% to 16,522.30 at 1524 BST, in line with the broader market. Tate & Lyle was in a sweet spot after Liberum upgraded the stock to 'buy' from 'sell' and lifted its price target to 670p from 505p. "While history is disappointing - four profit warni
Read moreLondon pre-open: All eyes on Yellen as markets try to find their footing
24th Sep 2015 07:35
(ShareCast News) - Markets were expected to start the day slightly lower as investors waited on a speech from US Fed chair Janet Yellen scheduled for after the close of UK trading today. The Footsie was being called to start the day 15 points lower from Wednesday's close of 6,032.24. The US central
Read moreEnergy market turmoil to hit Euromoney full year revenues
24th Sep 2015 07:21
(ShareCast News) - Financial information group Euromoney said tough conditions in commodities markets will result in a 1% fall in full year revenues and an adjusted profit before tax of at least £107m against £116.2m in 2014. Fourth quarter headline revenues are expected to fall 5% with underlying r
Read moreFTSE 250 movers: Index moves sideways despite mining losses
18th Aug 2015 14:23
(ShareCast News) - The FTSE 250 ambled sideways on Tuesday, with falling shares of a host of miners balanced by better than expected inflation data from the Office for National Statistics. At 1515 BST, London's mid-cap index was up 13 points at 17,622.1. Cairn Energy was the major faller, as shares
Read moreEuromoney downbeat as events unit grapples with energy, investment banking woes
22nd Jul 2015 09:28
(ShareCast News) - Revenues fell 5% in Euromoney Institutional Investor's crucial third quarter as the business media group's events unit faced new pressures from the energy sector on top of a challenging investment banking market. A downbeat statement from the FTSE 250 company revealed headline rev
Read moreEuromoney buys 10% stake in Estimize for $3.6m
14th Jul 2015 08:38
(ShareCast News) - Euromoney Institutional Investor has acquired a 10% equity stake in Estimize - a financial estimates digital platform - for a consideration of $3.6m funded from existing cash resources. The investment is part of a $6m Series B round aimed at expanding the capital of Estimize and o
Read moreFTSE 250 movers: Keller hit by delays and weak US market, property stocks surge
14th May 2015 12:57
UK stocks rebounded from early losses by mid-afternoon, but recovery remained capped by concerns of Greek instability. Sector-wise, miners and computer services provided the biggest drag, while property stocks and insurers provided a welcome boost. At 2:30 BST, the FTSE 250 was trading 50 points hig
Read moreEuromoney warns of challenging market conditions
14th May 2015 09:52
Media group Euromoney Institutional Investors said challenging market conditions were likely to continue. The FTSE 250 group posted first half results in line with expectations, with pre-tax profit jumping from £42.8m to £93.3m in the six months to 31 March, as the company made a of £55.1m gain from
Read moreLondon close: UK stocks surge 1.1% to two-week high on M&A, Greece
9th Apr 2015 17:15
London's FTSE 100 bounced to finish above the psychological 7,000 level for the first time in over two weeks on Thursday, helped by easing concerns about Greece and continued M&A speculation. The Footsie closed 77.95 points higher (+1.12%) at 7,015.36 with Burberry and Intercontinental Hotels Group
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