London midday: Markets cautious in fiscal deal aftermath
3rd Jan 2013 11:27
- Markets subdued after yesterday's 2.2 per cent jump - Concerns over US economy weigh on sentiment - Next cheers investors with festive update The FTSE 100 was broadly flat by Thursday lunchtime as stocks held on to yesterday's impressive 2.2 per cent surge on the back of the US fiscal cliff deal
Read moreBroker tips: Next, Experian, Chemring
3rd Jan 2013 10:57
Panmure Gordon has lifted its price target for retailing group Next from 3,770p to 3,848p following the company's Christmas trading update on Thursday morning which showed 'continued strength'. However, despite the forecast upgrades, Panmure retained its 'hold' rating for Next. "Trading on a FY2013
Read moreBroker snap: Seymour Pierce upgrades Experian on US mortgage market hopes
3rd Jan 2013 09:10
Seymour Pierce has upgraded its rating for information services company Experian from 'reduce' to 'add' on the back of increased hopes about the US mortgage market. In an article entitled 'BofA raises lending in new found confidence' on Thursday , the Financial Times reported that US lender Bank of
Read moreLondon open: Stocks flat after impressive rise
3rd Jan 2013 08:16
UK stocks were registering only slight losses on Thursday morning as markets managed to hold on to yesterday's impressive gains following the New-Year's-Day agreement to avert the fiscal cliff in the US. Providing some support early on was the China non-manufacturing purchasing managers' index whic
Read moreWednesday broker round-up UPDATE
5th Dec 2012 07:19
Anglo American: Morgan Stanley reduces target price from 2110p to 1802p and keeps an equal weight rating. Brewin Dolphin Holdings: Peel Hunt raises target price from 185p to 230p and maintains a buy rating. British Sky Broadcasting Group: Nomura raises target price from 950p to 975p and reiterates
Read moreFriday broker round-up UPDATE
30th Nov 2012 07:24
Aggreko: Berenberg initiates with a target price of 2010p and a hold recommendation. APR Energy: Berenberg starts with a target price of 610p and a sell recommendation. Babcock International Group: Berenberg initiates with a target price of 1180p and a buy recommendation. Barclays: UBS raises tar
Read moreExperian shareholders give thumbs up to Serasa purchase
20th Nov 2012 13:17
Experian, the FTSE 100 global information services company, has said that at an emergency general meeting held on Tuesday, its shareholders approved the acquisition of an additional 29.6 per cent interest in Serasa, the Brazilian credit data provider. The move will take the company's stake in th
Read moreMonday broker round-up -UPDATE
12th Nov 2012 09:03
Afferro Mining Inc: Investec retains buy recommendation and target price at 107p. Antrim Energy Inc.: Westhouse Securities keeps buy recommendation and target price at 70p. ASOS: Investec ups target from 2,450p to 2,675p, buy rating kept. Aveva: Investec keeps buy rating and 2,200p target. Bovis
Read moreLondon close: Stocks drop on concerns over Greece
8th Nov 2012 16:31
- Greek bailout delay concerns sink stocks - Draghi expects Eurozone to remain 'weak' - BoE and ECB keep policy stance unchanged After solid gains in the morning session, equity markets in London swung into the red in afternoon trade, after dreary comments from Mario Draghi and concerns about a bai
Read moreFTSE 100 movers: Burberry tops risers after price target upgrade
8th Nov 2012 15:18
Burberry and Randgold, two of the worst performers from yesterday's session after reporting results, were among the highest risers today. Burberry was being helped higher by Barclays Capital, which raised its target price on the stock from 1,100p to 1,200p and maintained its 'overweight' rating. A
Read moreLondon midday: Bank of England holds rates as stocks rebound
8th Nov 2012 11:31
- BoE holds rates and QE - Stocks rebound after heavy sell-off - G4S drops after losing prison contract Easing concerns about Greece saw the FTSE 100 rebound slightly on Thursday morning following a steep sell-off the day before. The Bank of England's Monetary Policy Committee announced at noon th
Read moreThursday broker round-up
8th Nov 2012 09:01
AB Foods: Credit Suisse ups tagged from 1,300p to 1,450p, outperform rating kept. Aviva: Panmure Gordon keeps buy rating and 425p target. Balfour Beatty: Panmure Gordon keeps buy rating and 310p target. BTG: Jefferies keeps hold rating and 360p target; Panmure Gordon keeps hold rating and 400p t
Read moreLondon open: Stocks edge higher after Greece votes on austerity
8th Nov 2012 08:23
Stocks rebounded on Thursday morning, albeit only slightly, following steep falls the day before, after Greece voted in favour of its strict austerity measures. Wednesday's session started strongly after Barack Obama was re-elected as the US President, sparking speculation that easing measures woul
Read moreExperian sees revenue up and plans programme of cuts
8th Nov 2012 07:22
Information services company Experian has hiked its dividend after reporting strong revenue growth in the first half. The company also announced an efficiency programme designed to save the firm $75m a year. Total group revenue for the six months to the end of September was $2.3bn, with revenue fr
Read moreExperian sells non-core businesses for 80m dollars
26th Oct 2012 09:40
Experian, a global information services company, has completed the sale of PriceGrabber and its North America online lead generation activities for 80m dollars, with a possible $30m extra on earnouts. PriceGrabber, a price comparison shopping business, and LowerMyBills and ClassesUSA, will be sold
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