Wednesday broker round-up UPDATE
23rd Jan 2013 07:05
Aberdeen Asset Management: Societe Generale downgrades to hold, while its target price of 375p is not altered. Amara Mining: Investec reduces target price from 89p to 83p and reiterates a buy recommendation. Associated British Foods: Jefferies raises target price from 1365p to 1650p keeping a hold
Read moreMonday broker round-up UPDATE
21st Jan 2013 07:02
Abbey Protection: Numis increases target price from 90p to 120p and upgrades to add. Admiral: Goldman Sachs upgrades to buy from neutral, raising its price target to 1500p from 1160p before. Aggreko: Bank of America lowers target price from 2700p to 1950p and downgrades to neutral. Anglo Americ
Read moreLondon open: Footsie pulls back despite strong showing by banks
7th Jan 2013 08:15
After hitting a near two-year high the previous trading session, profit-taking meant that the FTSE 100 opened slightly lower on Monday morning. This was despite relative strength in the banking sector on the back of some better-than-expected news on regulation. The FTSE 100 finished Friday at 6,090
Read moreEuromoney enters techie market
7th Jan 2013 07:48
Euromoney, the international online information and events group, is moving into the technology sector with an eight million dollar offer to buy up Californian outfit TTI/Vanguard. It is to pay $8m for an 87% stake in the US firm, with the remaining equity to be acquired in two stages of an earn-ou
Read moreTuesday broker round-up UPDATE
20th Nov 2012 07:17
Beowulf Mining: Seymour Pierce initiates coverage with a buy recommendation and a target price of 18p. Berkeley Group: JP Morgan raises target price from 1616p to 1620p, overweight rating kept. Blinkx: Citigroup downgrades from buy to neutral. Compass Group: Investec raises target price from 740p
Read moreEuromoney delivers despite toughening conditions
15th Nov 2012 08:32
Euromoney Institutional Investor, an international online information and events group, has delivered a good set of full year results, but warned that market conditions have become 'noticeably tougher from June' and it expects this to continue into the early part of 2013. For the full year to Septe
Read moreThursday Broker round-up UPDATE
15th Nov 2012 07:21
AMEC: Nomura raises target price from 1240p to 1340p, buy rating remains unchanged. Barclays Capital reduces target price from 1350p to 1320p, underweight rating kept. Atkins (WS): Investec reduces target price from 727p to 700p, hold recommendation maintained. Barr AG: UBS raises target price fro
Read moreThursday preview: Euromoney, WS Atkins, Invensys
14th Nov 2012 17:58
Full year results from business publisher and exhibitions organiser Euromoney on Thursday will be the first update from the company since the untimely last month from cancer of Chairman Padraic Fallon. In September, the group said it had been trading in line with expectations which had, in turn, be
Read moreEuromoney Chairman loses battle against cancer
15th Oct 2012 15:46
Padraic Fallon, Chairman of business publishing group Euromoney Institutional Investor, has died after fighting cancer for more than a year. Fallon had been chairman of Euromoney since 1992 and announced last year that he planned to retire at the annual general meeting in January 2013. Managing Di
Read moreLondon midday: End to restructuring in sight at RBS
25th Sep 2012 11:59
The Footsie moved within a narrow band throughout the morning session, in the absence of any market-moving economic data. There is not a lot of macro data in prospect in the afternoon session, either, with only second-tier economic indicators due out this afternoon Stateside. "US consumer confide
Read moreLondon mid-morning: Seeking direction
25th Sep 2012 09:51
London opened little changed, with pundits citing an absence of big economic data to set the tone. RBS aiming to restart divis ... eventually Royal Bank of Scotland (RBS), the publically owned bank, says it is targeting the resumption of dividend payments after 2013. The announcement came in a
Read moreLondon pre-open: Limited gains expected on FTSE
25th Sep 2012 07:26
City sources predict the FTSE 100 will open up four points from yesterday's close of 5,839, edging higher on the back of hopes for an improvement in economic data out from China and Brussels. However, gains are limited by a downbeat performance in yesterday's session in the US, hit by ongoing conc
Read moreEuromoney's debt dives
25th Sep 2012 07:12
Business publisher and exhibitions firm Euromoney Institutional Investor said trading has been in line with expectations since its last update in late July. As flagged in July, market conditions became noticeably tougher from June, particularly in Europe. As a result, revenues for the fourth quarte
Read moreTuesday preview: DMGT, Euromoney, Close Brothers ...
24th Sep 2012 18:18
Publisher and exhibitions organiser Daily Mail & General Trust (DMGT) issues a pre-close statement on Tuesday, and Peel Hunt thinks the resilience of the business-to-business (B2B) side will balance the more volatile consumer markets side. "We anticipate a mixed performance from Consumer, with Asso
Read moreWife of Admiral CEO buys 1.6m pounds-worth of shares
5th Sep 2012 16:16
The wife of Admiral's Chief Executive Officer (CEO) bought a staggering amount of shares in the car insurance giant on Tuesday, worth nearly 1.6m pounds. Diane Briere de l'Isle, the partner of CEO Henry Engelhardt, snapped up 144,348 shares in Admiral at average price of 1,107p - this cost her a to
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