FTSE 250 movers: Insurance worries sends Moneysupermarket.com falling
15th Jan 2016 15:21
(ShareCast News) - The FTSE 250 was set to close at its lowest point for 2016, with the market already down 256.85 points (1.56%) to 16,156.42 by mid-afternoon Friday. Moneysupermarket.com was the market's biggest faller after the company's fourth quarter insurance revenues were hit by stronger comp
Read moreWednesday broker round-up
11th Nov 2015 11:19
(ShareCast News) - Auto Trader Group: Goldman Sachs downgrades to neutral. Target price: 415.00p. Fidessa Group: Finncap downgrades to sell, cuts target price to 1750.00p. Jupiter Fund Management: Barclays upgrades to overweight, lifts target price to 520.00p. Dcc: Exane BNP Paribas downgrades to
Read moreThursday newspaper share tips: Tough choice over Reckitt Benckiser
22nd Oct 2015 11:11
(ShareCast News) - Reckitt Benckiser is presenting investors with a tough choice, according to The Times' Tempus. The global consumer goods producer has produced some "startlingly strong" numbers according to Tempus, with third quarter revenues in emerging markets up by 10% and health revenues up 14
Read moreLondon close: Stocks struggle to find direction on lack of drivers
21st Oct 2015 16:16
(ShareCast News) - London stocks ended Wednesday's session flat after wavering throughout the day amid a lack of economic drivers. Equities struggled to find direction as there were few data releases apart from UK public finances, Markit's Household Finance Index and Japanese trade data. UK's headl
Read moreFTSE 250 movers: Special dividend hopes boost Fidessa
21st Oct 2015 13:41
(ShareCast News) - After a poor start to the day, the FTSE 250 rebounded to 17,077.60, up 93.57 points (0.55%). Investment management and information services provider Fidessa led the risers after it revealed it expects to announce a further special dividend when it publishes its full year results i
Read moreFidessa on track to pay further special dividend in February
21st Oct 2015 09:15
(ShareCast News) - Investment management and information services provider Fidessa revealed it expects to announce a further special dividend when it publishes its full year results in February. The FTSE 250 group reported strong cash generation in the second half of the year, adding it had continue
Read moreThursday broker round-up
8th Oct 2015 17:33
(ShareCast News) - Tullow Oil: JP Morgan Cazenove upgrades to overweight, cuts target price to 310.00p. Soco International: UBS downgrades to sell, keeps target price at 150.00p. Synthomer: Berenberg Bank starts new coverage with a buy, sets target price at 400.00p. Weir Group: Investec Securities
Read moreFidessa names new CFO
18th Aug 2015 08:06
(ShareCast News) - Andy Skelton has been appointed as Fidessa's new chief financial officer (CFO), the trading investment solutions provider said on Tuesday. The current deputy CFO of semiconductor company CSR, who will replace Andy Malpass, will step into his new role on 26 October, the FTSE 250 co
Read moreFTSE 250 Movers: Fidessa Group, Kaz Minerals, Premier Oil lead decline
3rd Aug 2015 16:42
(ShareCast News) - London's mid-cap index lowered after oil prices dragged mining and oil stocks down. The FTSE 250 index fell 0.19% at 17,644.65 by 1549 BST on Monday. Shares in trading platforms company Fidessa plunged after the company reported a 1.5% decline in year on year pre-tax profit to £1
Read moreBroker tips: Lloyds, Weir Group, Fidessa
3rd Aug 2015 13:35
(ShareCast News) - Charles Stanley downgraded Lloyds Banking Group to 'hold' from 'accumulate', citing tax and PPI headwinds. It also said that with the shares trading on a premium rating of 1.6x 30 June 2015 tangible book value, material near-term upside may be limited. However, the brokerage stil
Read moreNumis downgrades Fidessa to 'hold' from 'buy' off cautious outlook
3rd Aug 2015 12:48
(ShareCast News) - Analysts at Numis downgraded their rating for trading platforms company Fidessa to 'hold' from 'buy' after the company released its first half result. Shares in Fidessa plunged by more than 10% to 2,157p this morning after the London-listed company reported a 1.5% decline year-on-
Read moreFidessa plunges despite increase in interim revenue
3rd Aug 2015 09:06
(ShareCast News) - Trading firm Fidessa Group said the investment it has made into exploring new revenue channels has made a "small impact" on its operating margin. The London-listed company reported a 1.5% decline year-on-year in pre-tax profit to £19.4m, while revenue rose 7% to £145.9m and expens
Read moreFidessa expects gradual increase in growth in 2015
30th Apr 2015 09:22
Financial software and services group Fidessa said it expected a gradual increase in the growth rate in 2015 from the level it reached last year. The FTSE 250 group said while conditions in the financial sector remained challenging, the gradual improvements that the market registered in 2014 have ca
Read morePanmure Gordon picks out "most vulnerable" UK dividends
18th Feb 2015 13:27
Panmure Gordon has warned of "storm clouds on the horizon" for income investors as corporate payouts reach "unsustainable" levels and has picked out several FTSE 350 companies where dividends appear particularly vulnerable. Although the UK economy has begun 2015 in rude health, the broker pointed ou
Read moreFTSE 250 movers: Afren hit by rescue deal talks, Hunting rises on upgrade
16th Feb 2015 14:11
Afren came top of the fallers as the company revealed it was in rescue deal discussions with bondholders and other lenders after last week's announcement that talks for a combination with Seplat Petroleum had been terminated. The company said it was continuing discussions with the advisers to its la
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