Sunday newspaper round-up: Shire, Mothercare, Blinkx, Barclays
6th Jul 2014 17:18
AbbVie is expected to make an improved offer for Shire in the next few days after its Chief Executive Rick Gonzalez visited Shire's biggest investors in London, The Sunday Times said. Gonzalez is back in the US mulling his options after having three bid approaches turned down with the most recent va
Read moreRebel investor to fight pay rise for FirstGroup boss - UPDATE
30th Jun 2014 09:44
Rebel investor Sandell Asset Management is planning to fight a near-doubling of the pay package received last year by FirstGroup Chief Executive Tim O'Toole, claiming he is being "rewarded for failure". Sandell, which has previously demanded the sale of First's US Greyhound coach operation and the
Read moreTuesday broker round-up UPDATE
10th Jun 2014 09:45
ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add. BAE Systems: Investec downgrades from add to hold with a target price of 430p. BG Group: Exane downgrades to neu
Read moreThursday broker round-up UPDATE
5th Jun 2014 09:37
Aberdeen Asset Management: Liberum Capital initiates with a target price of 555p and a buy recommendation. Ashmore Group: Liberum Capital starts with a target price of 303p and a sell recommendation. ASOS: N+1 Singer places both its target price (prev.: 4100p) and its hold recommendation under rev
Read moreFTSE 250 movers: De La Rue climbs on profit, broker comment
28th May 2014 14:00
Banknote printer De La Rue rose after it posted a 43% jump in full-year underlying operating profit and said it has entered the new financial year with a good order book. Helping it higher was Investec, which upped its target price from 890p to 915p and left its 'buy' recommendation unaltered. Al
Read moreLondon open: UK markets flat as Glaxo falls
28th May 2014 08:37
- European stocks retreat from six-year highs - Economic data in focus - GSK to be investigated by UK fraud body - Weir drops pursuit of Metso techMARK 2,784.94 -0.05% FTSE 100 6,838.75 -0.09% FTSE 250 15,885.65 +0.26% UK equities opened more or less flat on Wednesday as markets showed caution aft
Read moreSerco takes over Caledonian Sleeper franchise from FirstGroup
28th May 2014 07:32
Serco has been selected to manage the new 15-year franchise for the Caledonian Sleeper service between London and several Scottish cities. From April 1st 2015, the company will take over from FirstGroup which currently operates the service through its ScotRail franchise. Transport Scotland announc
Read moreLondon midday: FTSE continues to decline, Intertek drags lower
23rd May 2014 11:40
- FTSE down 16.44 points to 6,804.12 - Intertek hit by Numis comments - Elections in focus ahead of Bank Holiday weekend techMARK 2,747.39 +0.12% FTSE 100 6,799.91 -0.30% FTSE 250 15,677.95 +0.02% The FTSE was still down by midday, dragged lower by Intertek ahead of the long weekend which will see
Read moreLiberum says FirstGroup rail prospects still bright despite bid failure
23rd May 2014 10:40
Prospects of new rail business for train and bus operator FirstGroup are still bright despite its failure on Thursday to win the new Thameslink deal, according to broker Liberum Capital. FirstGroup is still in with a chance of winning two of the other biggest rail franchises currently on offer, Eas
Read moreLondon open: FTSE falls, Smiths and Tullow drag, elections in focus
23rd May 2014 08:55
- Smiths and Tullow disappoint - FTSE opens 16 points lower - Ukraine, European elections in focus techMARK 2,741.75 -0.09% FTSE 100 6,801.45 -0.28% FTSE 250 15,657.08 -0.11% The FTSE opened lower this morning, falling around 16 points in the first hour of trade, weighed by disappointing announcem
Read moreLondon open: Stocks drift lower after BoJ holds policy steady
21st May 2014 09:02
- Petrofac leads gains after Barclays upgrade - Dollar/yen trading below 101 - Russian troops have yet to pull back, negotiations ongoing in Ukraine techMARK 2,710.51 +0.15% FTSE 100 6,801.35 -0.01% FTSE 250 15,467.06 +0.17% Stocks were trading slightly lower little over an hour after the start of
Read moreFirstGroup full year results in line with expectations
21st May 2014 07:09
- Revenue down 2.7 per cent - Operating profit up 5.5 per cent - No dividend for some time Train and bus company FirstGroup made progress with four of its divisions, growing underlying group operating profits despite the extreme weather hitting US operations, but the recovery of the First Student i
Read moreFriday broker round-up UPDATE
25th Apr 2014 09:19
African Barrick Gold: Deutsche Bank lowers target price from 310p to 300p maintaining a buy recommendation. Anglo American: Deutsche Bank cuts target price from 1530p to 1510p and reiterates a hold recommendation. ASOS: Deutsche Bank upgrades to buy with a target price of 5800p. Astra Zeneca: Deu
Read moreTuesday broker round-up UPDATE
22nd Apr 2014 07:39
ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation. Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation. Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy. Beazle
Read moreFriday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
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