Euromoney chairman Ensor to be replaced by Reuters boss
9th Apr 2015 13:13
Euromoney Institutional Investor has appointed Reuters UK chief Andrew Rashbass as its new executive chairman after Richard Ensor decided to step down after a 39-year tenure. Rashbass, who has previously been publisher and later chief executive of The Economist, will replace Ensor at the end of the
Read moreFTSE 250 movers: Supergroup surges on dividend announcement, energy stocks higher
26th Mar 2015 13:56
Fashion firm Supergroup topped the risers after saying it would begin paying dividends with an interim payout in its 2015-16 financial year. Chief executive Euan Sutherland also revealed a surprise repurchase of it North American rights. Energy stocks were trading higher as oil prices spiked, includ
Read moreLondon pre-open: Stocks to track US and Asian markets lower
26th Mar 2015 07:54
UK stocks are expected to open in negative territory on Thursday morning, tracking declines in the US and Asia overnight. City sources predict the FTSE 100 will open 45 points lower than Wednesday's close of 6,990.97. US markets suffered sharp declines on Wednesday as economic data continued to dis
Read moreEuromoney quarterly revenue falls as commodity weakness weighs
29th Jan 2015 12:30
Weak commodity prices and pressure on the investment banking business saw first quarter revenue decline at business media group Euromoney Institutional Investor. The company, which publishes over 70 titles in both print and online, said in the three months to 31 December fell 4%, while revenue on a
Read moreEuromoney's events business offsets pressure on publications
20th Nov 2014 10:14
Euromoney Institutional Investor reported an increase in annual pre-tax profit, driven by growth in the events and data business. A strong performance in the events and data businesses countered an increasing pressure on its publications unit, which targets the financial services sector. The publis
Read moreThursday broker round-up UPDATE
9th Oct 2014 09:27
African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe
Read moreEuromoney points to positive signs amid challenging markets
30th Sep 2014 13:42
Challenging conditions and the strength of sterling against the US dollar have persistently dogged Euromoney Institutional Investor in the final months of its financial year, as expected, with few signs of improvement. However, the fourth quarter of the year was better than many analysts had expecte
Read moreTuesday broker round-up UPDATE
30th Sep 2014 09:50
Aberdeen: Goldman Sachs ups target price from 540p to 560pp retaining a buy recommendation. African Barrick Gold: Deutsche Bank moves target price from 270p to 280p and reiterates a hold recommendation. Investec lowers target price from 260p to 258p, while upgrading to buy. African Minerals: Invest
Read moreWednesday broker round-up UPDATE
16th Jul 2014 09:00
Alent: Liberum Capital initiates with a target price of 400p and a buy recommendation. APR Energy: Citi reduces target price from 1350p to 650p and downgrades to neutral. ARM Holdings: FinnCap upgrades from hold to buy with a target price of 1000p. Ashmore Group: Numis ups target price from 350p
Read moreWednesday broker round-up UPDATE
2nd Jul 2014 09:38
Anite: Investec places its target price (prev.: 88p) under review, while its hold recommendation remains unchanged. Ashcourt Rowan: N+1 Singer moves target price from 231p to 242p and keeps a buy recommendation. BG Group: Canaccord Genuity raises target price from 1250p to 1450p upgrading from hol
Read moreFriday broker round-up UPDATE
6th Jun 2014 09:38
African Minerals: Investec places both its target price (prev.: 189p) and its buy recommendation under review. ASOS: JP Morgan reduces target price from 6600p to 4259p and retains its overweight rating. Citi reduces target price from 7000p to 3700p, while leaving its buy recommendation unchanged. D
Read moreMonday broker round-up UPDATE
19th May 2014 07:55
Alent: Numis moves target price from 330p to 340p upgrading to add. AVEVA Group: Westhouse Securities initiates with a target price of 2260p and a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1039p to 1042p and stays with its buy recommendation. Brown (N) Group: J
Read moreThursday broker round-up UPDATE
15th May 2014 09:43
Anglo American: Credit Suisse ups target price from 1800p to 1850p downgrading to neutral. ASOS: Berenberg initiates with a target price of 5350p and a buy recommendation. Barclays: Jefferies lowers target price from 345p to 325p, while staying with its buy recommendation. Bioquell: N+1 Singer pl
Read moreThursday broker round-up UPDATE
27th Mar 2014 09:02
Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom
Read moreEuromoney confirms first-half revenues climb with profits flat or higher
26th Mar 2014 08:51
- Profits expected to be flat at worst - Revenues up five per cent - Sterling strength beginning to weigh on profits First-half profits are expected to be at least flat and revenues ahead year-on-year at business publisher Euromoney despite challenging conditions. Since the FTSE 250 company's Jan
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