Game Digital receives downgrade from Canaccord after profit warning
23rd Dec 2015 13:48
(ShareCast News) - Canaccord Genuity has downgraded Game Digital to 'hold' from 'buy' after the company warned first half earnings would be lower than the previous year. The specialist video games retailer said adjusted operating profit for the 26 weeks ending 23 January 2016 will be around £30m, do
Read moreGame Digital shares tank after profit warning
23rd Dec 2015 07:49
(ShareCast News) - Shares in Game Digital tanked after the specialist video games retailer warned adjusted operating profit for the 26 weeks ending 23 January 2016 will be around £30m, down from £43m in the same period a year ago following disappointing sales since the start of school Christmas holi
Read moreGame Digital to meet expectations after strong second half
11th Aug 2015 10:46
(ShareCast News) - After issuing a profit warning in January, Game Digital has reported it is on track for the end of the year. Shares in the video game retailer rose by 1.92% to 265p at 1056 BST after it avoided issuing another profit warning, as had been expected by some analysts. Game Digital sa
Read moreLondon midday: FTSE 100 flutters as investors weigh up positives and negatives
24th Mar 2015 12:00
The UK's FTSE 100 held onto Tuesday's gains as it traded in a narrow range as market participants were being pushed and pulled by a number of conflicting matters that are currently permeating through the market. On the one hand, China's slowing manufacturing sector, as evident from overnight data, s
Read moreLondon open: Stocks post mild gains ahead of key inflation data
24th Mar 2015 08:59
London's benchmark FTSE 100 index kicked off Tuesday's session by posting mild gains following a late recovery in Asian markets overnight and better-than-expected Eurozone data. At 09:06 GMT, the UK index of 100 leading blue-chip stocks rose 0.3% or 20 points to trade at 7046. China's worse-than-ex
Read moreHika Pharma promoted to FTSE 100 but Tullow Oil gets kicked out
5th Mar 2015 15:01
Hika Pharmaceuticals and Tullow Oil are switching places at start of the second quarter of this year as the FTSE Group reshuffles components across its leading London benchmarks. In its quarterly review, the FTSE Group have outlined which companies have been promoted or demoted from its indices. The
Read moreGAME Digital acquires British festival organiser Multiplay
2nd Mar 2015 08:58
British high street retailer, Game Digital, has acquired festival organiser Multiplay for £20m in a strategic bid to move into live events. The video game seller acquired the entire issued share capital of Multiplay for a total consideration of £20m, comprising £12.6m to be paid in cash on completio
Read moreMonday broker round-up UPDATE
21st Jul 2014 09:29
APR Energy: Liberum Capital reduces target price from 735p to 385p and stays with its sell recommendation. Avanti Communications Group: Jefferies reduces target price from 580p to 250p and downgrades to hold. Dialight: Canaccord Genuity raises target price from 1000p to 1100p and retains a buy rec
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