Thursday broker round-up UPDATE
18th Apr 2013 07:16
African Barrick Gold: Investec reduces target price from 315p to 286p keeping a hold recommendation. BHP Billiton: JP Morgan cuts target price from 2380p to 2330p, while leaving its neutral rating unchanged. Deutsche Bank lowers target price from 2350p to 2334p keeping a buy recommendation. Big Ye
Read moreMonday broker round-up - UPDATE
28th Jan 2013 08:04
Amino Technologies: Northland Capital takes price target from 75p to 80p reiterating a buy recommendation. Anglo American: Deutsche Bank shifts target price from 2230p to 2200p and retains a buy recommendation. Anite: Panmure Gordon increases target price from 165p to 170p and maintains a buy rati
Read moreLondon pre-open: Modest gains expected on FTSE in early trading
28th Jan 2013 07:32
City sources predict the FTSE 100 will open up three points from Friday's close of 6,284, shrugging off last week's disappointing GDP data. Sentiment was helped by market activity in the US where stocks finished with decent gains on Friday on the back of several better-than-expected corporate resu
Read moreFiltronic wireless sales surge
28th Jan 2013 07:11
Wireless telecoms products group Filtronic said stronger than expected wireless sales more than compensated for the shortfall in broadband and it expects full year 2013 results to come in ahead of current market forecasts. The manufacturer of microwave electronics products said revenue from continu
Read moreSector movers: Tech stocks fall as H-P takes massive charge
20th Nov 2012 14:46
Tech stocks were the worst performers on Tuesday afternoon, falling in sympathy with US peer Hewlett-Packard which revealed a massive impairment charge in its quarterly results. H-P shares tanked Stateside after the opening bell today after was forced to take a $8.8bn impairment charge to write dow
Read moreMonday broker round-up:
24th Sep 2012 16:40
Anglo American: Bank of America downgrades to neutral. Aberdeen Asset Management: Peel Hunt raises target to 350p from 300p, reiterates buy. Dairy Crest: Shore Capital downgrades to hold. Diploma: Panmure Gordon reiterates buy, takes target up to 500p from 440p. Filtronic: Panmure Gordon reit
Read moreWednesday broker round-up
12th Sep 2012 08:54
African Minerals: Jefferies keeps buy rating and 550p target. Ashmore: UBS raises target from 370p to 390p, buy rating kept. ASOS: Panmure Gordon lifts tagged from 2,179p to 2,378p, buy rating kept. Barratt Developments: Panmure Gordon keeps buy rating and 190p target; Jefferies keeps buy rating
Read moreFiltronic raises the bar again
11th Jun 2012 11:38
Filtronic, the manufacturer of microwave electronics products, has upgraded profit expectations for the second time in three months. The group said both its broadband and wireless divisions have done better than expected in the final few months of Filtronic's financial year, which runs to the end o
Read moreSector movers: ARM lifts tech stocks higher
31st Jan 2012 16:09
Chip designer ARM Holdings was providing a boost in the technology hardware and equipment sector today, the best performing category of the day. ARM, which provides the intellectual property behind popular gadgets such as Apple's iPhones and iPads, saw fourth quarter sales figures come in well ahea
Read moreFiltronic sales rise as losses widen
31st Jan 2012 08:13
Wireless telecoms products group Filtronic delivered an increase in half yearly sales as losses widened. Revenue from continuing operations for the six months ended 30 November 2011 rose to £10.5m compared with £7.3m for the same half a year earlier however pre-tax losses widened to £2.4m from a lo
Read moreTesco finance director adds more to his basket
9th Aug 2011 12:54
Laurie McIlwee, finance director at Tesco, Britain's biggest retailer, has bought 13,617 ordinary shares at 364.8p. The £49,675 purchase brings McIlwee's total number of shares to 340,215. McIlwee joined the board at Tesco at the start of 2009, having undertaken previous roles within the comp
Read moreFiltronic slides after placing
2nd Aug 2011 16:31
Filtronic the radio systems product maker, has raised £1.3m through a placing of shares at a small discount to the prevailing market price. Institutional investors and Filtronic's management are paying 22.5p per share to increase their stakes in the company. The placing will see Filtronic issue 3
Read moreTechMARK movers: Shock for Renovo
11th Feb 2011 13:41
Three days after its interim management statement for the quarter to December 2010 Renovo has shocked the market with news that scar treatment Juvista has failed to meet its goals in the phase III trial in Europe. The trial was for the use of Juvista in scar revision surgery. Renovo will have to a
Read moreTechMARK movers: Kofax jumps on interims
7th Feb 2011 14:07
A strong first half meant that shares in the document imaging company Kofax have jumped in price today. Revenues rose 20% to $121.7m in the six months to December 2010. Pre-tax profit from continuing operations soared from $1.6m to $18.1m. Kofax has cash to invest in acquisitions following the s
Read moreSector movers: ARM gives tech sector a lift
1st Feb 2011 16:03
Chip giant ARM Holdings is giving the technology hardware and equipment sector a boost today after booming demand for mobile phones, tablet computers and other low-powered devices meant 2010 saw the highest ever annual revenues, profits and cash generation. Filtronic shares are also on the rise des
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