12th May 2015 07:14
Experian finished its self-imposed "year of transition" on a high as it returned to organic revenue growth in the fourth quarter, celebrating by paying a second interim dividend. In the third quarter, organic revenue had been flat, though total revenue had growth at a faster rate of 2%. For the ful
Read more23rd Apr 2015 13:30
Anglo American, owner of jeweler De Beers, surged on Thursday as the mining giant cut its forecast for annual diamond production in order to avoid overproduction in the weaker diamond market. United Utilities, SSE and Centrica was making gains as investors sought refuge in defensive utility stocks.
Read more8th Apr 2015 17:03
The M&A fever that sent UK markets higher on Wednesday morning fizzled out towards the end of the day, with the FTSE 100 dropping into the red by the close. BG Group, which had soared as much as 40% early on, pared gains to finish 26.7% higher after the natural gas outfit recommended a £47bn takeove
Read more8th Apr 2015 16:42
AstraZeneca: Morgan Stanley lifts target price to 4,500p from 4,300p, reiterates underweight. BG Group: Canaccord Genuity improves target price to 1,300p from 1,016p and downgrades to hold. GlaxoSmithKline: Deutsche Bank raises target price to 1,600p from 1,300p and reiterates hold. Tate&Lyle: Num
Read more8th Apr 2015 14:49
Shares in BG Group rocketed 32% on Wednesday after its board recommended a £47bn takeover offer from Shell. The bid values BG at around 1,350p per share, a 50% premium to its closing price of 910.4p on Tuesday. If the transaction completes, BG shareholders will be left with a 19% stake in the enlarg
Read more8th Apr 2015 11:54
London's FTSE 100 was fluctuating around the 7,000 level by Wednesday lunchtime as M&A activity gave sentiment a lift, with BG Group soaring as much as 40% after a takeover offer from Shell. Stocks across the oil and gas sector were rising strongly on speculation that Shell's move may spark a fresh
Read more8th Apr 2015 11:38
A counter offer for BG Group looks unlikely, according to Canaccord Genuity, which downgraded its rating on the natural gas company from 'buy' to 'hold' after Wednesday's takeover offer by Royal Dutch Shell. Analyst Richard Griffith said: "We cut our recommendation from 'buy' to 'hold' and would onl
Read more8th Apr 2015 11:26
Experian shares received a boost on Wednesday by Credit Suisse which lifted its stance on the information services and credit checking group from 'neutral' to 'outperform' and hiked its target price from 1,100p to 1,300p. "The combination of accelerating organic growth, an on-going buyback scheme, p
Read more8th Apr 2015 09:54
Shares in UK credit expert group Experian shot up 3% to trade at 1183p after its rating was promoted on Wednesday to 'outperform' from 'neutral' by Credit Suisse. The bank also raised its target price on Experian to 1300p from 1100p. "The combination of accelerating organic growth, an on-going b
Read more31st Mar 2015 13:22
DIY retailer Kingfisher soared as it impressed investors with plans to close 60 stores, as new chief executive Véronique Laury announced full-year results and set out her plans for a "very different" company. The company announced a £200m cash return for the coming financial year as it revealed adju
Read more28th Jan 2015 13:35
Credit-checking firm Experian was a high riser after unveiling an unexpected $600m share buyback and outlining plans to "deliver annual average growth in organic revenue in the mid-single digit range". The company also said it has the potential for "strong growth" in earnings per share. Copper miner
Read more28th Jan 2015 12:40
Broker Liberum reiterated its 'buy' rating on Experian after the information services firm announced an unexpected £394.7m buyback, which amounts to 5% of its stock. "Experian's sustainable superior cash generation remains a key strength," Liberum said. UBS has lifted its target price for Balfour B
Read more28th Jan 2015 12:10
Broker Liberum reiterated its 'buy' rating on Experian stock after the information services firm announced an unexpected $600m (£394.7m) buyback, which amounts to 5% of its stock. On Wednesday, the FTSE 100 group announced a share repurchase programme after conducting a full capital framework review
Read more28th Jan 2015 11:47
After a positive start, UK stocks had dropped into the red by Wednesday lunchtime with nerves surrounding Greek politics dampening sentiment, as investors awaited a policy decision later on by the US central bank. London's FTSE 100 was down 0.2% at 6,797 by midday, pulling back after reaching an int
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