Experian 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
Read moreEXPANSYS bosses buy into rally
27th Jul 2011 15:45
Directors at EXPANSYS have been clubbing together to buy big stakes in the ailing online smartphone retailer, taking advantage of a continuing rally. Bob Wigley took the biggest stake, taking about 6.6m shares at 1.49p a time and lifting his stake to 8.4m shares, about 0.73% of the company. Brian C
Read moreLondon midday: IG up, ITE down
19th Jul 2011 12:11
Stocks remain modestly higher but traders have made up their minds about some of this morning's updates, sending stocks in both directions. Investors are taking a punt on IG Group after full year results came in ahead of expectations, with the spread-betting company continuing to bag new clients in
Read moreLondon open: Stocks stage partial recovery
19th Jul 2011 08:30
Stocks are edging higher after a tough day yesterday when concerns over European and US sovereign debt sent traders rushing for the exits. Sales and profits at Johnson Matthey, a top riser in the FTSE 100 today, both registered double-digit percentage gains in the first quarter of the platinum refi
Read moreLondon pre-open: Hesitant rally expected
19th Jul 2011 07:46
Stocks look set to claw back a small proportion of recent losses after yesterday's shake-out, with City traders suggesting the blue-chip index will open around 20 points higher at 5,773. London-based pub group Capital Pub Company has fallen into the arms of rival pub group Greene King, which has ag
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