Thursday broker round-up UPDATE
9th May 2013 07:23
Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation. Anite: Panmure Gordon shifts target price from 170p to 171p and maintains a buy recommendation. Atkins: Credit Suisse raises target price from 770p to 822p, but downgrades to underperform. Avacta Group:
Read moreLondon midday: Mining rebound lifts markets higher
19th Apr 2013 11:57
The FTSE 100 rebound on Friday morning after a five-day losing streak as strong gains in the mining sector lifted London's benchmark higher. "Clients who went bargain hunting in the mining space after the aggressive sell-off earlier in the week have been rewarded this morning, as the sector bounces
Read moreLondon open: FTSE 100 snaps five-day losing streak
19th Apr 2013 08:20
The FTSE 100 looks set to finish the week on a brighter note, rebounding after a five-day losing streak, as strong gains in the mining sector lifted London's benchmark higher in early trading on Friday morning. "European markets opened confidently today as investors decided to take an optimistic vi
Read moreLondon pre-open: FTSE expected to open around 30 points higher
19th Apr 2013 07:31
City sources predict the FTSE 100 will open up 30 points from yesterday's close of 6,244, ahead of what is expected to be a quieter day both in terms of company news and economic announcements. The rise is expected despite significant declines in the US last night, where equities fell on the back
Read moreEuromoney acquires Australian business - UPDATE
19th Apr 2013 07:02
Euromoney Institutional Investor, the FTSE 250 international online information and events group, has announced the acquisition of a 75 per cent stake in the Centre for Investor Education (CIE). The business, which is based in Australia, is the country's leading provider of investment forums for s
Read moreLondon pre-open: Flat started expected on FTSE
4th Apr 2013 07:32
City sources predict the FTSE 100 will open up unchanged from yesterday's close of 6,420, ahead of the release of macro-economic data in the UK and Europe including purchasing managers' index (PMI) results and interest rate decisions. The UK PMI Services index for March is expected to fall to 51.
Read moreEuromoney signs deal with HSBC - UPDATE
4th Apr 2013 07:10
Euromoney Institutional Investor, the FTSE 250 international online information and events group, has signed a binding agreement with banking giant HSBC to acquire its Quantitative Techniques (QT) operation. QT creates and maintains more than 100 equity and bond indices for HSBC's Global Markets di
Read moreLondon midday: Markets cautious on critical day for Cyprus
22nd Mar 2013 11:47
European stocks were making moderate gains on Friday morning but the mood on financial markets was cautious with the focus firmly on Cyprus ahead of pivotal day for the country's future in the Eurozone. According to government spokesman Christos Sylianides this morning, the "next few hours" are key
Read moreFriday broker round-up UPDATE
22nd Mar 2013 08:48
Afren: Nomura shifts target price from 175p to 180p keeping a neutral rating. ASOS: Nomura increases target price from 2000p to 2630p, while reiterating a neutral rating. Betfair: Panmure Gordon takes target price from 761p to 813p and leaves its buy recommendation unchanged. Brewin Dolphin Holdi
Read moreLondon open: Fears of a Cyrpiot default weigh on stocks
22nd Mar 2013 08:29
While the attention had diverted away from Cyprus temporarily over the last few days - owing to the Budget in the UK and the FOMC decision in the States - concerns had returned with a vengeance on Friday morning, causing stocks to slip early on. It seems that talks with Russia to provide additional
Read moreLondon pre-open: FTSE to drop lower as Cypriot crisis rumbles on
22nd Mar 2013 07:28
City sources predict the FTSE 100 will open down 21 points from yesterday's close of 4,389, tracking declines seen in the US overnight as investors await further news on Cyprus. US stocks fell the most they had in almost a month on Thursday, as weaker-than-expected data out from the Eurozone and c
Read moreEuromoney expects half year decline in revenue but rise in profit
22nd Mar 2013 07:03
Euromoney Institutional Investor has reported that trading since the end of January has continued to be in line with its expectations, but warned that due to the on-going difficulties in the Eurozone total revenues for the half year ended March 31st are expected to show a headline decrease of around
Read moreEuromoney acquires publishing firm
19th Mar 2013 13:16
Euromoney Institutional Investor, the FTSE 250 international online information and events group, has expanded its insurance and reinsurance business with the acquisition of Insider Publishing, an information source for the sector. The transaction is expected to be earnings enhancing for Euromoney
Read moreThursday broker round-up UPDATE
14th Feb 2013 08:09
African Barrick Gold: Deutsche Bank cuts target price from 410p to 340p, while staying with its hold recommendation. Investec reduces target price from 405p to 315p and downgrades from buy to hold. JP Morgan lowers target price from 370p to 290p and downgrades to underweight. AG Barr: Barclays down
Read moreEuromoney reports small increase in Q1 revenue
31st Jan 2013 09:45
International online information and events group Euromoney Institutional Investor has reported a small increase in its revenue during the period from October 1st to January 30th, according to an interim management statement issued by the company on Thursday. The company recorded a total revenue fo
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