Experian posts seven per cent rise in Q4 organic growth revenue
16th Jan 2013 07:17
Information services company Experian has posted a rise in revenue for the three months to December 31st, during which time total revenue from continuing activities increased by seven per cent at constant exchange rates. At actual exchange rates, total revenue from continuing activities increased
Read moreWednesday preview: Wetherspoon and Experian release interim results
15th Jan 2013 15:30
Wetherspoon unveils its interim management statement Wednesday after the UK pub operator announced plans to open new bars. Last month the company said it was adding 30 new pubs and creating 1,200 jobs this year, according to reports. As part of the expansion, it is investing more than £35m in ar
Read moreLondon close: Markets start 2013 in bullish mood
3rd Jan 2013 17:03
- Footsie jumps 150 points in two days - Markets react to mixed economic data - UK 10-year bond yields above two per cent London's blue-chip index was able to build on Wednesday's massive surge today in the aftermath of the fiscal cliff deal Stateside on New Year's Day. Market analyst Michael Hews
Read moreFTSE 100 movers: Serco makes strong gains after upgrade
3rd Jan 2013 15:22
Serco Group became a higher riser after the outsourcing company was upgraded by Espirito Santo. Compass Group, the contract caterer, was downgraded by the same broker, prompting shares to fall. Building materials group CRH fell after announcing that full-year development activity in 2012 totalle
Read moreLondon 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 more