Tuesday broker round-up
3rd Mar 2015 16:59
St. James's Place: Morgan Stanley ups target to 1,097p from 963p while reiterating overweight stance. AO World: Cannacord Genuity lowers target to 170p from 220p and reiterates hold. British American Tobacco: Jefferies raises target to 4,440p from 4,140p and reiterates buy. Kaz Minerals: Exane BNP
Read moreJames Fisher acquires National Hyperbaric Centre for £4.5m
10th Feb 2015 07:43
Fisher (James) and Sons (JF) has acquired the National Hyperbaric Centre in Aberdeen for £3.5m in cash plus a potential £1m earn-out based on future contracts to be undertaken between completion and 31 March 2016. The centre is used for testing subsea industry equipment as well as for patients of th
Read moreJames Fisher reports encouraging third quarter growth
13th Nov 2014 08:29
Marine services company James Fisher and Sons reported good revenue growth for the period from 1 July to date, compared to a year ago. According to the report, Fisher's offshore oil business performed well throughout the quarter, driven by continued growth in Africa, South America and the Far East,
Read moreFTSE 250 movers: Lonmin continues to rise
27th Aug 2014 15:51
South African platinum miner Lonmin led the upside as it extended Tuesday's gains, which came after it issued a statement saying there was no foundation to media speculation about plans to restructure the business. It also said its ramp-up following the strike action was progressing ahead of its exp
Read moreLondon midday: Stocks hover near unchanged mark
27th Aug 2014 12:27
- Russia backs Ukraine peace initiative - Weak consumer confidence data in Europe - Ceasefire accord reached in Israel techMARK 2,845.63 +0.44% FTSE 100 6,828.43 +0.08% FTSE 250 16,073.52 +0.47% UK equities had moved slightly into the blue by midday in a day bereft of economic data and as traders
Read moreWednesday broker round-up UPDATE
27th Aug 2014 09:57
Antofagasta: Westhouse Securities reduces target price from 885p to 805p and stays with its neutral rating. Bunzl: Deutsche Bank ups target price from 1508p to 1565p leaving its hold recommendation unchanged. Chime Communications: Canaccord Genuity lowers target price from 390p to 385p and maintai
Read moreJames Fisher posts strong H1 despite currency woe
27th Aug 2014 09:27
Contract wins and strong trading in offshore oil drove better-than-expected half-year results at specialist engineering services group James Fisher. The group managed to beat forecasts despite currency headwinds reducing profit by around £1.5m, posting a 12% increase in pre-tax profit to £20.8m, up
Read moreCranswick non-exec builds stake
23rd Jun 2014 16:27
Non-Executive Director Mark Reckitt has modestly increased his holding in food producer Cranswick with the purchase of 1,300 shares. The £15,795 deal, in which Reckitt bought the shares at 1,215p each, came around one month after the group, which is Britain's largest pork processor, shrugged off r
Read moreLondon pre-open: Flat start ahead of May public finance figures
20th Jun 2014 07:40
A flat start is expected on the FTSE 100, although there could be a very modest gain of a point or two, following yesterday's close of 6,808.11. That follows a mixed finish in the US last night and as investors balance Wednesday's Fed statement with nerves about the situation in Iraq. According
Read moreJames Fisher buys testing services provider for £8m
20th Jun 2014 07:06
FTSE 250-listed engineering group James Fisher has bought monitoring, instrumentation and testing services provider Testconsult for £8m in cash. The group is doing the deal to extend services provided by its Strainstall Monitoring business, which uses strain gauges and sensors to structurally moni
Read moreFriday broker round-up UPDATE
30th May 2014 09:14
ASOS: N+1 Singer reduces target price from 5300p to 4100p, while staying with its hold recommendation. Cairn Energy: JP Morgan cuts target price from 315p to 279p and maintains an overweight rating. Cobham: Canaccord Genuity increases target price from 285p to 320p and reiterates a hold recommenda
Read moreFriday tips round-up: Howden Joinery, James Fisher and Sons
2nd May 2014 10:19
Consumer confidence registered a big jump last summer and has continued improving ever since. That is what the latest results from Howden Joinery seem to show. This is because consumers need to be quite confident before splashing out on an investment such as a kitchen. Furthermore, the company conti
Read moreFTSE 250 movers: James Fisher higher on growth expectations
1st May 2014 15:10
James Fisher and Sons, which provides marine services to a range of industries, jumped after giving an upbeat outlook for 2014, saying it expects 'further growth'. Expectations for the full-year remain unchanged at Go-Ahead Group, prompting the transport group higher. The group said trading in the
Read moreLondon midday: Lloyds leads UK markets to two-month high
1st May 2014 11:34
- Lloyds, BSkyB, BG Group and Schroders gain - UK manufacturing activity at five-month high - Fed sticks with taper despite weak Q1 growth techMARK 2,774.45 -0.22% FTSE 100 6,797.46 +0.26% FTSE 250 15,812.19 -0.03% Well-received updates from Lloyds, BSkyB, BG Group and Schroders and upbeat UK manu
Read moreJames Fisher foresees 'further growth' after in-line Q1
1st May 2014 08:23
James Fisher and Sons, which provides marine services to a range of industries, gave an upbeat outlook for 2014, saying it expects 'further growth' after an in-line start to the year. The company, which serves a range of markets including oil and gas, defence and renewable energy, said it "commence
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