Sunday 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 moreUBS expects a "tough" first quarter from Experian
7th Jul 2014 11:09
Credit reporting group Experian is expected to report a "tough" first quarter this week, according to UBS which has trimmed its target price for the stock from 1,250p to 1,200p. Ahead of the company's update on Friday, however, the bank repeated its 'buy' recommendation for the stock. UBS predicts
Read moreMonday broker round-up UPDATE
7th Jul 2014 09:26
Balfour Beatty: Berenberg lowers target price from 290p to 280p and retains a buy recommendation. UBS lowers target price from 230p to 225p and keeps a neutral rating. Barclays: Citi lowers target price from 305p to 300p and keeps its sell recommendation. Clinigen: Investec cuts target price from
Read moreLondon close: FTSE ends almost flat after quiet end to busy week
4th Jul 2014 16:59
- FTSE closes up just 0.84 points at 6,866.05 - Experian leads following broker comment - UK new car registrations rise 10.6% YOY techMARK 2,855.66 +0.13% FTSE 100 6,866.05 +0.01% FTSE 250 16,050.16 +0.13% It was an almost flat finish for the UK's top tier index on Friday, with the index coming of
Read moreFTSE 100 movers: Experian jumps on broker upgrade
4th Jul 2014 16:15
Experian shares jumped after Deutsche Bank reiterated its 'buy' rating on the global information services provider. Budget airline easyJet rose strongly as it posted a 10.1% jump in its June passenger numbers, which leapt from 5.5m to 6.1m year-on-year. British Airways operator IAG, which yester
Read moreFriday broker round-up UPDATE
4th Jul 2014 12:12
Antofagasta: Morgan Stanley upgrades from underweight to equal-weight with a target price of 750p. AVEVA: Societe Generale initiates with a target price of 2650p and a buy recommendation. Balfour Beatty: Westhouse Securities cuts target price from 220p to 183p downgrading from neutral to sell. RBC
Read moreExperian signs new five-year deal for loan facilities
26th Jun 2014 13:08
FTSE 100 Experian has signed a new five-year credit facility totaling $2,025m, it announced on Thursday. Its facilities that had been due to mature in 2015 have now been cancelled. Experian said the facilities were self-arranged and are being provided by a group of fourteen leading international
Read moreBoohoo Chairman increases stake after results beat expectations
17th Jun 2014 16:05
Peter Williams, the Non-Executive Chairman of boohoo.com, has upped his stake in the AIM-listed fashion retailer to 2.2m shares. The Chairman added 100,000 shares at 50.68p each in a transaction worth £50,680. The deal was made just a few days after the recently floated company delivered record
Read moreQinetiQ CFO sells shares post vesting
28th May 2014 15:32
The Chief Financial Officer of defence group QinetiQ, David Mellors, on Tuesday sold 52,848 shares after the company vested earlier the same day. Mellors, who was appointed to the role in August 2008, traded in the shares at just under 195.47p a share, maintaining his stake at 376,016 shares. Le
Read moreExperian director takes advantage of recent decline in share price
19th May 2014 15:56
A non-executive director of credit information group Experian has acquired a stake in the group worth 114,720 pounds, it said on Monday. Jan Babiak bought 11,000 shares at 1,042.91p a piece, taking advantage of the fall seen in the share price in the past fortnight. The decline came after the grou
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
Read moreThursday tips round-up: Experian, Meggitt
8th May 2014 07:31
Analysts can sometimes surprise with their uncanny ability to leave out well-known events from their forecasts for companies´ profits. Such is the case with Experian. The number crunchers at many brokers seem to have just woken up to the fact that the upcoming World Cup in Brazil may negatively impa
Read more