Experian pays seven times sales for PHC, half-year profit rose - UPDATE
6th Nov 2013 07:07
- Experian buys Passport Health Communications for seven times' 2013 sales - Pre-tax profits in half-year rise - Revenue growth across all regions - Interim dividend up seven per cent - Jefferies downgrades rating from 'buy' to 'hold' Information services company Experian announced the acquisition
Read moreExperian buys fraud detection group The 41st Parameter
1st Oct 2013 07:27
Information services group Experian has agreed to acquire US fraud detection company The 41st Parameter for 324m dollars. Parameter, formed in 2004, provides device identification products to prevent fraud to clients in financial institutions, travel websites, eCommerce and digital media. Experian
Read moreFTSE 100 movers: IMI, Wolseley, Vedanta Resources
22nd Aug 2013 14:01
IMI's shares rallied after the engineering company forecast an improvement in trading for the second half as it takes on higher-margin contracts at its severe service business. Wolseley gained after UBS upgraded its stocks to 'buy' from 'neutral' ahead of its results, saying "our analysis of US pee
Read moreGKN, Experian directors sell large stakes
12th Aug 2013 16:21
Two directors at FTSE 100 peers GKN and Experian have sold large stakes in each company, the firms announced on Monday. Andrew Reynolds Smith, the head of GKN's Automotive and Powder Metallurgy division, exercised options over a total of 974,344 shares on Friday and subsequently sold 626,973 of the
Read moreFTSE 100 movers: Aberdeen, Resolution lead financials higher
12th Jul 2013 14:08
Financial stocks were performing well on Friday with asset manager Aberdeen and insurance group Resolution leading the way after positive comments from analysts. UBS reiterated its 'buy' rating for Aberdeen and added the stock to its 'most preferred' list, saying that the recent share price falls h
Read moreLondon midday: Markets extend gains despite concerns over China
12th Jul 2013 12:11
Strong gains in the financial sectors were lifting markets higher on Friday despite concerns over a slowdown in China, as investors continued to focus on dovish comments from Federal Reserve Chairman Ben Bernanke. Stock futures on Wall Street were pointing to a positive start on Friday, extending g
Read moreLondon open: Markets extend gains after record highs on Wall Street
12th Jul 2013 08:51
Markets looked set to end the week on a high note with financial stocks lifting the FTSE 100 higher in early trading on Friday, as sentiment was buoyed by record highs on Wall Street last night. Both the Dow Jones and S&P 500 indices closed at their highest ever levels on Thursday, while the Nasdaq
Read moreLondon pre-open: FTSE 100 to extend recent gains early on
12th Jul 2013 07:45
Markets are expected to open slightly higher on Friday, building on the previous day's gains which sent the FTSE 100 to its highest level in over a month. City sources predict the FTSE 100 will open up 11 points from yesterday's close of 6,543. The last time the index had finished above that level
Read moreExperian expects strong annual revenue growth - UPDATE
12th Jul 2013 07:04
Experian said it expected strong revenue growth this year after sales outpaced economic expansion in its main markets in the first quarter. The consumer credit-checking company said total revenue increased 7.0% in the three months to June 30th at constant exchange rates. "Organic" growth rose at th
Read moreFriday preview: Experian unveils quarterly results
11th Jul 2013 13:37
Experian's quarterly results on Friday are likely to reflect a softening in the growth of demand in Brazil, according to analysts. The global information group - which includes a blend of services such as business process outsourcing, software and IT, media and consumer internet - will report on
Read moreTuesday broker round-up UPDATE
9th Jul 2013 07:53
Adept Telecom: Northland Capital revises target price from 108p to 115p and maintains a buy recommendation. AG Barr: Panmure Gordon raises target price from 500p to 600p and retains a hold recommendation. Aquarius Platinum: Westhouse Securities shifts target price from 35p to 40p upgrading from se
Read moreThursday broker round-up UPDATE
4th Jul 2013 08:17
Aberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreTuesday broker round-up UPDATE
2nd Jul 2013 08:24
Amara Mining: Westhouse Securities raises target price from 60p to 90p and stays with its buy recommendation. Canaccord Genuity lowers target price from 50p to 40p maintaining its buy recommendation. Anite Group: Panmure Gordon shifts target price from 171p to 177p and reiterates a buy recommendati
Read moreLondon close: Investors reconnect with reality
13th Jun 2013 17:44
Uncertainty regarding central-bank stimulus, reductions in global growth forecasts by the World Bank and the surprise departure of the head of one of the UK's biggest domestic banks prompted a sell-off on the FTSE 100 on Thursday, as volatility continued on markets across the globe. London's benchm
Read moreFTSE 100 movers: RBS leads march south
13th Jun 2013 14:28
Royal Bank of Scotland led the march of the blue chips southwards on Thursday after pressure from the bank's government owners led to the resignation of Chief Executive Stephen Hester. Although the bank's plans to slash costs in its investment banking arm leaked out, brokers rallied to praise Heste
Read more