Broker tips: Experian, Balfour Beatty, Anglo American, Afren

28th 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

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Experian's cash generation a 'key strength', says Liberum

28th 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

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London midday: Stocks erase gains as Greek fears rattle markets

28th 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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Numis on Experian

28th Jan 2015 11:37

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Experian surprises with share buyback and new dividend ratio

28th Jan 2015 09:17

Credit checking group Experian has announced a $600m share buyback and made positive noises about growing its dividend, hidden among details of an investor seminar to be held on Wednesday afternoon. The FTSE 100 group said the repurchase programme of 5% of its shares had been decided following a ful

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London open: UK stocks rise ahead of FOMC meeting

28th Jan 2015 08:26

Strong results from US blue chips Apple and Yahoo after the closing bell on Wall Street led to a higher open in London on Wednesday, as investors took an optimistic approach ahead of the Federal Reserve meeting. The FTSE 100 was up 0.2% at 6,827 in early deals. US markets finished with sharp losses

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London close: Stocks rally strongly after Swiss move as ECB stimulus hopes rise

15th Jan 2015 16:36

A surprise policy move by the Swiss National Bank (SNB) resulted in a choppy day for UK markets on Thursday, though stocks were able to regain their composure and rally strongly as the dust settled. The FTSE 100 finished the session 110.32 points higher at 6,498.78, up 1.7% on the day due to increas

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FTSE 100 movers: Gold miners soar on UBS recommendation, Experian rises

15th Jan 2015 14:57

Gold mining stocks were performing well after UBS said they are "well-placed to benefit from FX and oil weakness" compared with their industrial metal peers. Precious-metal producers Randgold Resources and Fresnillo were the best performers. Third-quarter organic revenue was flat at informatio

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London midday: Surprise Swiss policy move sinks stocks, FTSE near one-month low

15th Jan 2015 11:57

Markets were back in the red by Thursday lunchtime, erasing earlier gains after a surprise announcement by the Swiss central bank. The FTSE 100, which rebounded to an intraday high of 6,472.91 early on, was down 0.6% at 6,349 by midday after Switzerland scrapping the franc's minimum exchange rate ag

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Broker tips: Tullow Oil, Experian, Home Retail

15th Jan 2015 11:27

News of a multibillion-dollar write-down at Tullow Oil sent the share price in the exploration company lower on Thursday, though analysts at Westhouse Securities retained their positive rating on the stock. While the size of the $2.3bn write-down (after tax), is likely to disappoint investors, the b

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Experian organic growth flat but core operations strong, says Shore Capital

15th Jan 2015 10:54

Headline group growth at Experian missed analysts' forecasts on Thursday, but Shore Capital's Robin Speakman applauded the stronger-than-expected third-quarter performance from the core credit services division. The broker maintained a 'buy' rating for the stock. Information services company Experi

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London open: Stocks rebound after sell-off as earnings impress

15th Jan 2015 08:25

UK stocks advanced on Thursday morning but only partly clawed back losses after a heavy sell-off the previous session. The FTSE 100 was up 1.1% at 6,458 early on, with updates from blue chips Experian, Associated British Foods and Tullow Oil being well-received by the market. The index had dropped

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London pre-open: Stocks to rebound after heavy sell-off

15th Jan 2015 07:55

UK stocks are expected to rebound on Thursday after a massive sell-off the previous session on the back of concerns about global growth and plunging commodity prices. City sources predict the FTSE 100 will open 57 points higher than Wednesday's close of 6,388.46. The index dropped 2.4% the previous

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Experian on track after flat revenue in third quarter

15th Jan 2015 07:18

Organic revenue for the three months to 31 December was flat at information services group Experian, in line with expectations as US consumer pain continued. In the period, total revenue from continuing activities was down 1%, with growth at constant exchange rates down 2% due to the acquisition of

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Tuesday broker round-up UPDATE

11th Nov 2014 09:55

AdEPT Telecom: WH Ireland moves target price from 170p to 185p, keeping its buy recommendation. Northland moves target price from 165p to 175p and maintains a buy recommendation. Betfair: JP Morgan raises target price from 1175p to 1350p and upgrades from neutral to overweight. BHP Billiton: JP Mor

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