Canaccord upgrades Experian after recent share-price decline
7th Nov 2014 10:32
Shares in Experian were continuing to rise on Friday, a day after the credit-checking firm's well-received first-half results, after Canaccord Genuity upgraded its rating for the stock from 'sell' to 'hold'. Experian said on Thursday that revenues were flat on a continuing organic basis in the first
Read moreFriday broker round-up UPDATE
7th Nov 2014 09:44
AstraZeneca: Deutsche Bank increases target price from 4100p to 4350p and reiterates its hold recommendation. AVEVA: Societe Generale reduces target price from 2250p to 2000p, while keeping its buy recommendation. Big Yellow Group: Citi raises target price from 470p to 540p and maintains its neutra
Read moreLondon open: UK stocks at one-month high ahead of US jobs report
7th Nov 2014 08:41
The UK stock market was trading at a one-month high on Friday following more record highs on Wall Street, boosted by upbeat US economic data and hopes for more monetary stimulus from the European Central Bank (ECB). However, investors will be keeping a close eye on the upcoming US jobs report on Fri
Read moreFTSE 100 movers: Retailers Marks & Spencer and Morrisons lead gains
6th Nov 2014 15:23
Shares of Marks & Spencer were registering sharp gains for a second day on Thursday as analysts at Deutsche Bank, Citi and UBS all upgraded their price targets on the stock. The shares gapped higher at the start of trading, pushing the stock further above its 200-day moving average, according to ana
Read moreLondon midday: UK retailers rise on Morrison results, but markets flat ahead of ECB
6th Nov 2014 11:44
The London stock market was more or less flat by Thursday lunchtime, erasing earlier losses after a well-received update from Morrison's boosted shares in the retail sector. However, upside was being limited ahead of a number of risk events expected before the weekend, including a European Central B
Read moreLondon open: UK stocks fall ahead of policy decisions from BoE and ECB
6th Nov 2014 08:28
A flurry of blue-chip company announcements and upcoming policy decisions by the Bank of England (BoE) and European Central Bank (ECB) kept investors cautious on Thursday morning, with UK stocks trading in the red early on. The FTSE 100 was down 0.3% at 6,517, having jumped 1.3% to the previous sess
Read moreExperian in credit after cash-rich first half
6th Nov 2014 08:11
First-half profits and cash flow from credit information group Experian hit the top end of expectations despite a decline in US consumer revenue due to rebranding. Organic revenue growth was unchanged and total revenue from continuing activities grew 4.5% to $2.39bn at actual rates, up 4% at constan
Read moreMonday broker round-up UPDATE
3rd Nov 2014 10:47
Aa: Liberum Capital initiates with a target price of 417p and a buy recommendation. Afren: UBS lowers target price from 130p to 115p, keeping a buy recommendation. Anglo American: Nomura reduces target price from 1550p to 1400p, while leaving its neutral rating unaltered. Barclays: Exane ups targe
Read moreExperian investors hit out at credit-checker over board plans
16th Jul 2014 14:58
Shareholders in Experian gave the credit-checking company's board a bloody nose on Wednesday over controversial plans to appoint its Chief Executive as Chairman. Holders of almost a third of shares in Experian failed to back Don Robert's re-election as a director, effectively confirming his appoint
Read moreFTSE 100 movers: Meggitt leads risers on bid target rumours
16th Jul 2014 14:55
Aircraft parts maker Meggitt was the standout performer on the FTSE 100, up nearly 10% at 537p amid reports that the company is a potential bid target. The engineer, which makes parts for the Boeing 787 Dreamliner, is said to have attracted the attention of US group United Technologies. According t
Read moreSunday share tips: Halfords, Sports Direct, Real Estate Investors
13th Jul 2014 13:26
Buy shares of Halfords to capitalise on the UK's retail recovery and the growing craze for cycling, Questor advised in the Sunday Telegraph. The shares have risen about 60% since Questor recommended them in early October 2013 but have gone sideways in the past month. The Tour de France has boosted c
Read moreSunday newspaper round-up: Experian, Sports Direct, Shire
13th Jul 2014 12:24
Sir John Peace will suffer his third shareholder rebellion in three months this week when investors in Experian revolt over pay and succession plans at the credit checking company, the Sunday Times said. Peace will then have suffered rebellions at each of the three FTSE 100 companies he chairs. At B
Read moreOne-off headwinds dampen Experian's Q1, but outlook upbeat
11th Jul 2014 07:49
Credit-checking group Experian said that organic revenues were unchanged in the first quarter after a number of "one-off headwinds", though it expected a return to normal levels of growth later on in the year. Total revenues grew by 4% in the three months to June 30th, flattered slightly by positiv
Read moreLondon pre-open: Small rise expected at opening bell
11th Jul 2014 07:40
After a week of losses, investors are expected to jump in and buy stock at their lower prices today, despite widespread concerns about the economic stability of the Eurozone. City sources predict the FTSE 100 will open around 13 points higher than yesterday's close of 6,672.37. The renewed worrie
Read moreFriday preview: Experian to report on challenging quarter
10th Jul 2014 14:47
Friday sees Experian report on what is expected to be a challenging first quarter (Q1) for the credit reporting company. Broker Liberum said this will represent "the worst quarter" for the FTSE 100 group in its 2015 financial year as a result of subdued trading in Latin American credit, due to the
Read more