London pre-open: Stocks seen a little lower
19th Apr 2016 07:32
(ShareCast News) - London stocks were set for a slightly lower open on Tuesday as oil prices steadied following a rebound in the previous session. The FTSE 100 was expected to start 17 points lower than Monday's close at 6,336. "European markets look set for a mixed open on Tuesday with the FTSE 10
Read moreExperian to gobble up CSIdentity in £250m deal
19th Apr 2016 07:15
(ShareCast News) - FTSE 100 information services company Experian announced on Tuesday it has signed a definitive agreement to acquire CSIdentity Corporation, which it described as a leading provider of consumer identity management and fraud detection services. The total purchase price was $360m (£2
Read moreBroker tips: M&S, Experian, Schroders
8th Apr 2016 13:52
(ShareCast News) - Marks & Spencer was upgraded to 'buy' from 'speculative buy' by Canaccord Genuity on Friday after the retailer reported its fourth quarter results. Canaccord also raised its target price on M&S to 475p from 460p, saying there was potential for a new strategic focus under new chief
Read moreHSBC downgrades Experian on Brazil risk
8th Apr 2016 10:12
(ShareCast News) - HSBC downgraded Experian to 'reduce' from 'buy' and cut the price target to 1,140p from 1,290p. It noted that Brazil's leading banks are working to create a Positive credit bureau, a move that creates significant medium-term uncertainty and will impair market expectations of longe
Read moreDirector dealings: Dotdigital board sell shares to satisfy institutional demand
8th Mar 2016 15:56
(ShareCast News) - Four directors of Dotdigital Group have sold more than £1.6m worth of shares in the company, which they said was to satisfy institutional demand for the tightly held software company's stock. Co-founder Ian "Tink" Taylor, currently non-executive president of the group and chief op
Read moreFriday broker round-up
29th Jan 2016 16:47
(ShareCast News) - Experian: Exane BNP Paribas upgrades to outperform with a 1350p target. Mitchells & Butlers: JP Morgan downgrades to neutral with 370p target, down from 420p Dcc: Exane BNP Paribas promotes to outperform with 6200p target. Lonmin: HSBC upgrades to buy, target 76p; Deutsche reite
Read moreExane upgrades DCC and Experian, downgrades Bunzl
29th Jan 2016 15:44
(ShareCast News) - Exane BNP Paribas has upgraded DCC and Experian Group from 'neutral' to 'outperform', while downgrading Bunzl from 'outperform' to 'neutral'. In a note about the support service sector on Friday, the investment bank said DCC is the sector's main beneficiary from falling oil prices
Read moreExperian revenues hit by strong dollar
15th Jan 2016 07:45
(ShareCast News) - The strong dollar weighed on revenue at credit check specialist Experian, although the group reiterated expectations for some growth for the full year. In a trading statement, Experian said total growth in the third quarter to 31 December was 6% at constant exchange rates and orga
Read moreFTSE 100 movers: Old Mutual claws back last week's losses
14th Dec 2015 13:58
(ShareCast News) - The FTSE 100 has started the week on a rollercoaster, shifting between positive and negative territory throughout the day. The market was back in the green by mid-afternoon Monday, up 7.63 points (0.13%) Old Mutual rebounded after last week's losses due to political issues in Sou
Read moreExperian sells Hitwise and Simmons businesses for $47m
14th Dec 2015 13:02
(ShareCast News) - Information services company Experian has completed the sale of its consumer insights businesses Hitwise and Simmons to California-based private equity firm Symphony Technology Group for $47m (£31.1m) and up to an additional $5m based on an earnout. Hitwise and Simmons provide con
Read moreBroker tips: Jimmy Choo, Whitbread, Experian
11th Nov 2015 16:40
(ShareCast News) - Liberum downgraded Jimmy Choo to 'hold' from 'buy' and slashed the price target to 160p from 210p. "We believe Choo faces increased competition in shoes as other luxury goods companies chase growth," the broker said. It said the speed of the luxury slowdown is notable and yet to
Read moreExperian rallies again as Citigroup hails inflection point
11th Nov 2015 14:24
(ShareCast News) - Shares in information services company Experian rallied for the second day in a row, after Citigroup lifted its price target on the stock by 9% to 1,340p to reflect higher earnings and the re-rating of the broader business services sector. The broker said the results brought impor
Read moreGoldman Sachs and BofA wax optimistic on Experian
10th Nov 2015 14:38
(ShareCast News) - Analysts at Bank of America-Merrill Lynch and Goldman Sachs waxed optimistic on Experian following the information services provider's first half figures, hailing the company's "solid" organic revenue growth despite macro and FX headwinds. The 5% decline in the rate of growth of s
Read moreFTSE 100 movers: Wolseley downgrade leads market to continue falling
10th Nov 2015 13:45
(ShareCast News) - The FTSE 100 continued to slide on Tuesday, with the market down 15.27 (0.24%) to 6,279.89 by mid-afternoon. Global plumbing supplier Wolseley led the fallers as the company issued its first quarter update. While first quarter revenues were up 5.3% to £3.5bn and trading profits in
Read moreExperian half year revenue hit by forex headwinds
10th Nov 2015 08:41
(ShareCast News) - Experian's half year revenue has been hit by exchange rates, and the company predicts its going to be an issue for the rest of the financial year. The FTSE 100 information services company posted its interim results to 30 September on Tuesday. Total revenue for continuing activit
Read more