Berkeley Group non-exec picks up first shares
19th Jan 2016 14:59
(ShareCast News) - First Derivatives non-executive director David Anderson offloaded 5,000 shares in the software and consulting firm at 1,541p each. The sale brought his interest in the company down to 120,000 shares, or 0.5% of the issued share capital. Elsewhere, Berkeley Group non-executive dir
Read moreEvgen appoints new Chief Medical Officer
4th Jan 2016 11:52
(ShareCast News) - Evgen Pharma announced the appointment of a new Chief Medical Officer on Monday. The AIM-listed clinical stage drug development company, focused on the treatment of cancer and neurological conditions, said Dr Hamina Patel would be appointed to the post. Dr Patel was described by
Read moreLondon close: Stocks dive on euro worries
9th Sep 2011 16:55
The volatility continued heading into the weekend and stocks were nursing hefty losses at the close of play. The resignation of European Central Bank official Juergen Stark brought the Eurozone crisis into focus. Stark, a German, like many of his compatriots is unhappy about the Bank's policy of b
Read moreBroker tips: Home Retail, Premier Farnell, Evolution
9th Sep 2011 12:33
Singer Capital Markets has slashed its target price for FTSE 250 retailer Home Retail Group by 29%, after the group's first half results showed continued tough trading at Argos and a challenging second quarter for Homebase. "Whilst not as bad as feared the continued weakness of trade at Argos and o
Read moreBroker snap: Peel Hunt ups target for Evolution after Investec offer
9th Sep 2011 12:11
Following Investec's recommended offer for Evolution, Peel Hunt has raised its target price on the investment banking and stockbroking firm from 86p to 100p to reflect the offer price. Investec, the FTSE 100 South African banking titan, announced on Friday morning that it has made a recommended off
Read moreLondon midday: Stocks fall after flat start
9th Sep 2011 12:06
Stocks have eased slightly as nerves set in ahead of this weekend's meeting of the G7 grouping of industrialised countries. Motor insurer Admiral is in the slow lane after saying it could see "a small proportion" of its profits put at risk under the government's plans to ban the payment of referra
Read moreLondon open: Footsie flat as investors show caution
9th Sep 2011 08:31
The Footsie opened unchanged from yesterday's close, with the markets digesting an underwhelming jobs speech by President Obama last night. Describing the stalling of US economic growth as a "national crisis", Obama unveiled his much-trailed American Jobs Act, which Obama pledged "will cut payroll t
Read moreInvestec to snap up Evolution for £233m
9th Sep 2011 08:00
Investec, the FTSE 100 South African banking titan, has made a recommended offer for Evolution Securities, beating rival bidder Cannacord in their race to snap up the investment banking and stockbroking firm. Investec announced on Friday morning that it has reached an agreement with Evolution's boa
Read moreEvolution receives several approaches
16th Aug 2011 12:29
Multiple bidders are now stalking Evolution, the stockbroker has confirmed, causing its shares to jump 10%. On 4 August South African banking giant, Investec, announced it had made a preliminary offer for Evolution. On Tuesday Evolution released a statement confirming "that it has received approac
Read moreInvestec goes after Evolution
4th Aug 2011 08:54
South African banking giant, Investec, has confirmed it has made a preliminary all-share approach for stockbrokers Evolution. The firm said the approach was made subject to a number of pre-conditions including obtaining a unanimous recommendation from the Evolution board and the satisfactory compl
Read moreLondon close: ARM and Imagination Technologies lead the slide
3rd Aug 2011 16:40
Stocks were posting triple-digit losses at the finish, with the FTSE 100 at its lowest closing level for the year so far as worries over global growth intensified. Things got worse after a poor start in the US, where yesterday's deficit-cutting agreement among politicians has done little to assuage
Read moreLondon midday: Shares dive but Thomas Cook takes off
3rd Aug 2011 12:01
Stocks are deep in the red this morning as economic worries continue on both sides of the Atlantic. Despite yesterday's deal on the US deficit-cutting plan, analysts are concerned that the ratings agencies may be sharpening their knives, with weak economic figures contributing to fears the world's
Read moreEvolution Group receives preliminary bid approach
3rd Aug 2011 11:07
Shares of Evolution Group soared nearly 10% after the wealth management firm said it had received a preliminary approach for the company, but did not disclose the suitor's name. Evolution Group said discussions with the potential buyer are in the "very early stage" and added that it is "far from c
Read moreEvolution Group's pre-tax profits rise
29th Jul 2011 11:50
Wealth manager Evolution Group's private client investment management business, Williams de Broë, gained significant momentum during the first half of the year despite challenging market conditions, which had led to a lacklustre performance in the company's investment banking division. For the six
Read moreBroker tips: Johnson Matthey, Victrex, Evolution
19th Jul 2011 12:07
Prime Markets has suggested buying chemicals group Johnson Matthey, saying that Tuesday's trading statement represents an attractive entry point in the short and long term for investors. The company, focused in catalysis, precious metals, fine chemicals and process technology, said that it continue
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