Exova Group posts H1 profit, wary on Oil & Gas, Industrials operations
31st Aug 2016 14:56
(ShareCast News) - Testing and advisory services company Exova Group has booked a profit of £20.1m for the first half, from £18.3m a year ago, and raised its interim dividend up to 1.05p a share, from 1p. The company saw strong performances in its product and certification operation, along with aero
Read moreSunday newspaper round-up: AstraZeneca, oil IPOs, M&S, Exova, Tesco
29th May 2016 16:22
(ShareCast News) - AstraZeneca, the UK's second-biggest drug developer, will this week outline its next big hope in the battle against cancer by unveiling new data on a class of treatments, known as DNA damage response (DDR) medicines, at a conference in Chicago. The drugs work by stopping cancerous
Read moreFriday broker round-up
20th May 2016 14:32
(ShareCast News) - Exova Group: Goldman Sachs reiterates buy with a 195p target. Grainger: Jefferies retains buy with a 215p target. Thomas Cook: JP Morgan keeps at neutral with a 90p target and Goldman Sachs reiterates sell with a target price of 72p. Serco Group: JP Morgan reiterates neutral wit
Read moreExova eyes organic growth, sells FWP business
19th May 2016 13:29
(ShareCast News) - Exova expects modest full-year organic growth at constant currency rates and earnings in line with previous guidance, adjusted for the just-announced sale of its Food, Water and Pharmaceutical (FWP) business in the UK and Ireland. "Given the strong pipeline, we expect our mergers
Read moreExova Group director shows faith after results disappoint
4th Sep 2014 17:14
Allister Langlands, a non-executive director at FTSE 250-listed Exova Group, has boosted his stake in the group with the purchase of 50,000 shares. He paid 192.50p a share, spending a total of £96,250. The deal came less than a week after the company reported a wider first-half loss as revenue f
Read moreFTSE 250 movers: Redrow joins housebuilder slide despite strong results
2nd Sep 2014 14:36
Housebuilders were among the worst performing stocks on the FTSE 250 on Tuesday afternoon as rate-hike speculation continued to dominate sentiment. Data released earlier in the session showed that UK construction activity reached a seven-month high in August. Redrow was even in the red despite beat
Read moreLondon midday: Stocks rise on UK construction data, ECB hopes
2nd Sep 2014 12:00
- UK construction PMI unexpectedly rises - Stimulus hopes high ahead of Thusday's ECB meeting - Weir lifted by Credit Suisse upgrade - Mining, supermarket stocks provide a lift techMARK 2,855.10 -0.12% FTSE 100 6,835.10 +0.14% FTSE 250 15,970.91 +0.09% UK stock rose for the third straight session
Read moreLondon open: UK stocks near two-month high as Weir and miners rise
2nd Sep 2014 09:08
- UK construction, US manufacturing data ahead - Weir upgraded by Credit Suisse - Mining stocks rise strongly techMARK 2,857.76 -0.03% FTSE 100 6,842.96 +0.26% FTSE 250 15,965.65 +0.05% UK stocks were closing in a two-month high on Tuesday morning, rising for the third straight day, as investors t
Read moreFTSE 250 movers: Perform Group jumps on takeover bid news
1st Sep 2014 15:03
Shares in Perform Group surged on Monday after the company, which commercialises multimedia sports content across digital platforms, confirmed it had received a takeover bid from investment group Access Industries. Access Industries, which already owns 42.5% of Perform, made an offer of 260p per s
Read moreExova's loss widens on headwinds in aerospace and transportation
29th Aug 2014 17:31
Technological company Exova reported a wider first-half loss as revenue fell on headwinds in aerospace and transportation sectors. Loss before tax came to £38.1m in the first six months of the year, compared to £10.3m last year. The company's revenue dropped to £134.7m from £138.4m last year, whil
Read moreFTSE 250 movers: Bwin.party rises despite wider H1 losses
29th Aug 2014 15:13
Gaming giant Bwin.party was a strong riser despite reporting wider first-half losses, which reflected a fall in casino and poker revenues. Loss before tax in the six months to 30 June 2014 came to €94m, up from €11.6 the previous year. Ophir was higher after it announced board changes in a bid to r
Read moreLondon midday: Traders debate likelihood of ECB action
29th Aug 2014 12:34
- Eurozone CPI data due out - US activity indicators expected later in the day - Weak Japanese economic figures techMARK 2,847.27 +0.03% FTSE 100 6,818.23 +0.18% FTSE 250 15,864.18 -0.29% UK stocks were registering only a slight advance towards midday, as investors debated the prospect for further
Read moreLondon open: Stocks rise ahead of spate of economic indicators
29th Aug 2014 09:34
- Eurozone CPI data due out - US activity indicators expected later in the day - Weak Japanese economic figures techMARK 2,854.37 +0.28% FTSE 100 6,821.75 +0.21% FTSE 250 15,909.75 -0.01% UK stocks were registering only slight gains in the early going ahead of the release of the latest Eurozone in
Read moreThursday broker round-up UPDATE
22nd May 2014 08:34
ASOS: Goldman Sachs reduces target price from 7300p to 6250p, while upgrading to buy. BTG: N+1 Singer shaves target price from 488p to 486p retaining a sell recommendation. EKF Diagnostics: FinnCap initiates with a target price of 38p and a buy recommendation. Exova Group: Credit Suisse starts wi
Read more