Wednesday preview: BoE minutes, BHP, Booker, Fuller's
17th Jul 2012 15:56
The big event on Wednesday is the release of the minutes from the July meeting of the Bank of England's Monetary Policy Committee. The major point of interest will be the vote on the decision to beef up the bank's asset purchase programme, and whether it was unanimous. The minutes are due for relea
Read moreFriday tips round-up: Thomas Cook, Tate and Lyle, Fuller's
1st Jun 2012 06:57
Questor in The Telegraph is not keen on Thomas Cook, despite its 87 per cent share-price slide tempting a few analysts into a buy recommendation. Yes, the firm has restructured its massive debts and increased revenues (through acquisitions), but losses are growing and Eurozone headwinds are awful -
Read moreThursday broker round-up
31st May 2012 09:26
Aviva: Nomura cuts target from 600p to 540p, buy rating unchanged. Babcock: Panmure Gordon downgrades from buy to hold, target left at 940p. BG Group: Jefferies reiterates buy stance and 2,000p target. BHP Billiton: Credit Suisse maintains outperform rating and 2,460p target. BT Group: Nomura ke
Read moreFuller's serves up a little extra
31st May 2012 07:50
London brewer and pubs group Fuller, Smith and Turner served up a full measure in its full year results, with sales and profits both ahead of expectations. Revenue in the 52 weeks ended March 31st rose 5% to £253.0m from £241.9m the year before, topping market expectations of £246.8m. Adjusted pr
Read moreExperian Chairman sells shares and donates proceeds to charity
29th Mar 2012 15:38
Sir John Peace, the Chairman of Experian, the FTSE 100 information services firm, sold 12,633 shares in the firm and gave the proceeds to charity. Peace sold the shares at 990p each for a total of £125,067. "In addition, Sir John made an off-market gift of 5,015 Shares to charity for nil considera
Read moreTuesday broker round-up - UPDATE
7th Feb 2012 10:14
Shire: Goldman Sachs reiterates 'conviction buy.' Misys: Berenberg Bank downgrades to hold from buy. BP: Nomura maintains neutral rating and 500p target. Cairn: UBS ups target from 291p to 370p, neutral rating kept; Credit Suisse ups target from 357p to 369p, neutral rating kept. Rio Tinto: Cred
Read moreFriday broker round-up - UPDATE
3rd Feb 2012 09:09
Royal Bank of Scotland: Deutsche Bank downgrades to hold from buy. BT Group: Nomura reiterates buy recommendation and 285p target. AstraZeneca: Nomura keeps reduce rating and 2,400p target. GlaxoSmithKline: Nomura reiterates neutral rating and 1,220p target. Royal Dutch Shell B: Nomura raises ta
Read moreLondon pre-open: Cautious start ahead of US data
3rd Feb 2012 07:25
City sources predict the FTSE 100 will open down around 9 points from yesterday's close of 5,796, ahead of Friday's non-farm payrolls data, the first major US economic indicator relating to the month of January. Telecoms giant BT saw revenue fall 5% in the third quarter, while profits jumped 48%.
Read moreFuller's buys 15 pubs from Enterprise Inns
3rd Feb 2012 07:14
Fuller, Smith and Turner, the pubs group which lost out to Greene King last year in a bid battle for the Capital Pub Company, is beefing up its estate with the purchase of 15 freehold tenanted pubs from cash-strapped rival Enterprise Inns. Fuller's is paying £22.9m in cash for pubs which in aggrega
Read moreLondon midday: The only way is down
25th Nov 2011 11:38
London experienced a quiet morning, but the trend remained down, with the US market expected to open lower when it resumes trading today after yesterday's Thanksgiving Day holiday. US markets will close early today to enable traders to join the throngs of shoppers enjoying - or enduring - 'Black Fri
Read moreFuller's builds up a head
25th Nov 2011 10:09
London Pride brewer Fuller, Smith and Turner had a northern-style big head on its interim profits, as its Tenanted Inns division recorded its best ever half-year. Revenues in the 25 weeks ended October 1st rose 6% to £128.2m from £121.5m a year earlier. Adjusted profit before tax, which excludes
Read moreFriday broker round-up: Atkins WS, Johnson Matthey, BT
25th Nov 2011 09:58
Atkins WS: UBS reiterates neutral, raises price target to 600p from 560p. Johnson Matthey: UBS reiterates buy, ups target to 2015p from 1915p. Lloyds: UBS reiterates buy, lowers target to 55p from 60p. BT Group: Credit Suisse reiterates outperform. Intermediate Capital Group: Credit Suisse reite
Read moreDL broker talk: Games Workshop, Aegis, Dixons Retail
25th Nov 2011 09:48
Fuller Smith&Turner: "Despite the lack of a landmark acquisition, Fuller's high quality estate is well placed to outperform with its London and South of England geography," -Peel Hunt. Games Workshop: "We are forecasting H1 PBT of £9m vs £6.7m last year, helped by the boost to royalty income. We
Read moreFriday preview: Fuller's seeks to raise the bar
24th Nov 2011 18:29
Pubs owner and brewer Fuller, Smith and Turner is set to release interim figures on Friday and if the performance of rival Young's is anything to go by, the company's focus on London and the South-East should mean that the Chiswick-based firm's shareholders will be able to raise a glass of London Pr
Read moreFuller's takes pride in solid start to year
29th Jul 2011 07:28
London-focused pubs owner and brewer Fuller, Smith & Turner has seen a 3.2% increase in like-for-like sales in its managed pubs and hotels since the beginning of April. The company, which has completed the acquisition of five pubs since the start of its financial year, achieved the rise in the 16
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