Broker tips: Atkins, Fuller's, Mouchel
17th Jun 2010 12:39
The market has given the thumbs down to results from WS Atkins but KBC Peel Hunt thinks the management has clearly delivered in a tough environment, though with the share price approaching the broker's price target, KBC has shifted to a neutral position on the stock. The broker does not expect to m
Read moreBroker snap: Panmure downgrades Fuller's
17th Jun 2010 11:57
Panmure Gordon has nudged up its price target for London based brewer and pubs group Fuller, Smith and Turner but with the share price now not far south of the new target the broker has turned neutral on the stock. The broker has upgraded its current year earnings estimates by around 2% after bette
Read moreLondon close: BP recovery lifts Footsie
11th Jun 2010 16:34
Footsie closed in the blue after recovering from an earlier dive on the back of disappointing retail sales in the US. BP was in focus as the oil giant recovered from heavy losses that have come in the wake of the ongoing oil leak in the Gulf of Mexico. BP finished 8% higher, despite the amount of
Read moreUK SMALLCAP ROUNDUP: Kentz To Focus On Iraq Projects
11th Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps KENTZ CORPORATION LTD (KENZ.LN) said Friday that a key focus for the company over the next 12 months will be on Iraq and the infrastructure and early pro
Read moreLondon afternoon: US retail sales data spooks equities
11th Jun 2010 14:40
Footsie's morning gains evaporated over the lunchtime session after much worse than expected US sales figures were released. US retail sales had been expecting to rise 0.3% in May after climbing 0.4% in April but instead of rising they took a step back for the first time since September, falling 1
Read moreBroker tips: Fuller's, Brit, Halfords
11th Jun 2010 13:33
Results from Fuller, Smith & Turner have, like a pint of the brewer's London Pride, gone down well. After a better than expected set of results from the brewer and pubs group owner Panmure Gordon has reiterated its "buy" recommendation and 614p price target. "Fuller's continues to offer a rare and
Read moreBroker snap: Fuller's worth another round, says Panmure
11th Jun 2010 13:27
Results from Fuller, Smith & Turner have, like a pint of the brewer's London Pride, gone down well. After a better than expected set of results from the brewer and pubs group owner Panmure Gordon has reiterated its "buy" recommendation and 614p price target. "Fuller's continues to offer a rare and
Read moreUK SMALLCAP ROUNDUP: Fullers Posts Record Earnings
11th Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps FULLER, SMITH & TURNER PLC (FSTA.LN), a pub and brewery group, Friday reported a record set of full-year figures in spite of the recession, and said whil
Read moreLondon midday: BP bounces back
11th Jun 2010 12:27
Though miners and banks are in the doldrums the market is making headway and, unusually, the advance is being led by BP. The oil giant yesterday reported the amount of oil it is capturing from the Gulf of Mexico leak has risen to 15,800 barrels per day, but as fast as it is improving the rate at w
Read moreUPDATE: Fuller's Cautious On 2011 After Record Full-year
11th Jun 2010 10:41
(Adds chairman comment, detail, background) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Pub and brewery group Fuller, Smith & Turner PLC (FSTA.LN) Friday posted a record set of full-year figures in spite of the recession, and said while looming tax hikes could hit spend
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
11th Jun 2010 09:46
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0846 GMT [Dow Jones] Fuller, Smith & Turner (FSTA.LN) continues to deliver an admirable performance, says Panmure Gordon. FY
Read moreMARKET TALK: Fuller, Smith & Turner FY Admirable - Panmure
11th Jun 2010 09:46
0846 GMT [Dow Jones] Fuller, Smith & Turner (FSTA.LN) continues to deliver an admirable performance, says Panmure Gordon. FY results are ahead of expectations, with pretax profit of GBP26.6M versus Panmure's estimate of GBP25.8M, says Panmure. It notes a strong annual dividend increase of 12% to 11p
Read moreUK SMALLCAP ROUNDUP: Origo Partners To Raise Up To $30M
11th Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ORIGO PARTNERS PLC (OPP.LN), a private equity company, Friday said it agreed to raise up to $30 million in a share sale to fund new investments in China
Read moreLondon open: BP revival lifts Footsie
11th Jun 2010 08:58
A revival by BP has started Footsie off on the front foot this morning after a surge by oil stocks on Wall Street overnight. BP is the best performer. The company yesterday reported the amount of oil is capturing from the Gulf of Mexico leak has risen to 15,800 barrels per day, though an upward rev
Read moreINTERVIEW: Fuller, Smith & Turner Says Trade To Get Tougher
11th Jun 2010 08:54
By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Pub and brewery group Fuller, Smith & Turner PLC (FSTA.LN) Friday said the strong start it has made to the current fiscal is unlikely to continue once pub-goers start feeling the pinch from the likely tax rises anticipated in this
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