Experian's Tyler picks up £733,000
21st Jul 2011 14:14
Sainsbury's chairman David Tyler has taken advantage of strength in the share price of credit checking firm Experian, where he is a non-executive director, to sell a big stake. He sold 90,000 at 814.8p a time, pocketing a total of £733,000. Experian last week said it saw organic revenue growth of
Read moreLondon close: Flat finish after busy day
15th Jul 2011 16:57
The top share index finished flat but it was an unusually busy day on the corporate news front with big movements in both directions. BHP Billiton fell after the company, best known as a miner, said it is increasing its oil and gas activities with the $12.1bn (£7.5bn) purchase of Texas and Louisian
Read moreBroker tips: Blacks Leisure, Alumasc, Experian
15th Jul 2011 14:49
The future is black for Black's Leisure, judging by finnCap's latest diagnosis of the outdoor clothing and equipment retailer's health. It has slashed its target price on Black's to 1p from 10p, following the company's announcement this morning that it is extending its bank facility to £40m as it b
Read moreBroker snap: BarCap likes Experian's cash bonds
15th Jul 2011 14:03
The market regarded the trading update from credit checking firm Experian as lacklustre, but Barclays Capital (BarCap) welcomed "Experian's steady business performance." BarCap expects the group to "sustain a broadly solid credit profile" for the remainder of the current financial year, and highlig
Read moreLondon midday: Stocks move both ways after updates
15th Jul 2011 12:04
Stocks are moving in both directions on a surprisingly busy company news day for a Friday. The FTSE 100 is flat. BHP Billiton falls after the company, best known as a miner, said it is increasing its oil and gas activities with the $12.1bn (£7.5bn) purchase of Texas and Louisiana-focused firm Petro
Read moreLondon open: More losses as Europe worries continue
15th Jul 2011 08:46
Stocks have fallen back in early dealings with nerves on edge over Europe again, this time as traders await banking stress test results. In stocks news, BHP Billiton is the heaviest faller in the FTSE 100. The company, best known as a miner, is increasing its oil and gas activities with the $12.1bn
Read moreLondon pre-open: Bears still holding sway
15th Jul 2011 07:35
Stocks look set to pick up where they left off yesterday, with City traders anticipating the Footsie will open some 25 points lower. Credit checking firm Experian saw organic revenue growth of 6% in the second quarter of 2011, and continues to anticipate organic revenue growth in the mid-high singl
Read moreOrganic revenue growth of 6% for Experian
15th Jul 2011 07:04
Credit checking firm Experian saw organic revenue growth of 6% in the second quarter of 2011, and continues to anticipate organic revenue growth in the mid-high single digit range over the full-year. "We have delivered good revenue growth in our first quarter, reflecting continued progress in our g
Read moreFriday preview: Tougher comparatives for Euromoney and Experian
14th Jul 2011 16:46
Shares in Euromoney Institutional Investor fell 5% on Thursday ahead of the financial publisher and exhibitions organiser's interim management statement on Friday, which may make shareholders nervous. Investec does not seem to be too apprehensive, however, as it is not anticipating "any material ch
Read moreLondon close: Glencore drags Footsie 1% lower
15th Jun 2011 16:39
The blue chip index slipped further into the red on the back of a poor start on Wall Street as economic data disappointed. US May consumer price index came in ahead of forecasts, rising 0.2%. While the Federal Reserve Bank of New York manufacturing sector index fell to a reading of -7.79, from 11.9
Read moreBroker snap: Don't fear regulation at Experian, says Shore Capital
15th Jun 2011 16:25
Despite the share price of credit checking firm Experian falling on the back of regulatory concerns in the US; Shore Capital has assured investors that this is "not something to be feared". Reports have suggested that banking regulation in the US is set to be extended to credit bureaus operating in
Read moreFTSE 100 movers: Glenore dismisses rumours, shares drop
15th Jun 2011 14:08
Glencore is the worst performing stock on the blue chip index as of Wednesday afternoon. In a brief statement in response to press speculation, the commodities trader stated that it is not actively considering an offer for Kazakh mining company Eurasian Natural Resources Corporation (ENRC). The offi
Read moreThursday tips round-up: Compass, Oilex, Experian...
19th May 2011 06:40
There is little to complain about in Compass's first-half figures, which indicate that the world's biggest caterer is moving forward on all fronts. But it is fast approaching a point where it has to take some strategic decisions over the balance sheet. Britain and continental Europe are looking deci
Read moreExperian expects another year of good growth
18th May 2011 07:51
Credit checking outfit Experian met or exceeded all of its financial objectives in the fiscal year just finished, but warned that year on year comparatives will get harder to beat in the first half of the current year. Revenue from continuing activities in the year to 31 March was up 7.7%, or 10% a
Read moreLondon pre-open: London set to bounce back
18th May 2011 07:39
London looks set to claw back some of yesterday's losses, with City traders tipping the top share index will open around 50 points higher and move back above the 5,900 level. Credit checking firm Experian said it met or exceeded all financial objectives last year, as it unveiled a 14% increase in u
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