Tuesday newspaper share tips: Randgold best of the miners to weather the storm
5th Jan 2016 10:35
(ShareCast News) - With equity prices falling on the first trading day of 2016, gold is being seen as a safe option and The Telegraph's Questor believes Randgold Resources is the best of the gold miners to hold on to. In Tuesday's column, it said that the FTSE 100 company is the largest pure gold pl
Read moreGrainger to sell equity release division
4th Jan 2016 07:55
(ShareCast News) - Grainger was expecting a cash boost on Monday, with the announcement it was selling its equity release division. The FTSE 250 landlord - the UK's largest listed residential lessor - reported it had exchanged contracts with Turbo Group Holdings to sell its Retirement Solutions busi
Read moreGrainger buys property portfolio for GBP10.4m
28th Oct 2015 08:24
(ShareCast News) - Residential property owner and manager Grainger has acquired a residential property portfolio of 112 private rented sector (PRS) units for around £10.4m. The company said the portfolio comprises five sites located in Newcastle, Whitley Bay and Leeds, with an estimated rental value
Read moreGrainger appoints new finance director
20th Oct 2015 08:04
(ShareCast News) - Vanessa Simms has been appointed as the finance director of Grainger, the residential property owner confirmed on Tuesday. Simms, who has held the role of deputy chief financial officer at FTSE 250 group Unite since 2012, will step into her new role in the early spring of 2016, th
Read moreGrainger secures refinancing of loan facility
7th Oct 2015 08:02
(ShareCast News) - Residential property owner and manager Graigner has signed a refinancing of its Grainger Invest property portfolio bank facility with existing lenders, HSBC and Santander, reducing its cost and extending its maturity. The new £150m facility replaces the existing £120m facility and
Read morePrivate equity outfits eyeing potential bid for Grainger, report says
16th Aug 2015 16:56
(ShareCast News) - The pressure on the management team at Grainger to increase its payout to shareholders is growing as private equity groups run the rule over the outfit in preparation for a possible bid. According to The Sunday Times private equity outfits are studying both a possible full-scale t
Read moreLondon midday: Equities rise as PBoC defends yuan devaluation, Greek GDP grows
13th Aug 2015 11:29
(ShareCast News) - UK equities were on the front foot as China's central bank defended its devaluation of the yuan and as Greece delivered surprise economic growth in the second quarter. The People's Bank of China devalued the yuan for the third consecutive day on Thursday. The Bank set the parity r
Read moreGrainger to sell German assets, reports strong trading
13th Aug 2015 07:38
(ShareCast News) - Residential property group Grainger announced plans to sell its assets in Germany as part of a strategy to simplify the business and increase its focus on the UK market, as it said trading in the first ten months of this year was strong. The company has appointed investment bank L
Read moreGrainger signs new syndicated bank facility
7th Aug 2015 07:48
(ShareCast News) - Residential property owner Grainger has signed a planned refinancing of its syndicated bank facility, reducing its cost and extending its maturity. The company said the new £580m facility, which will represent 44% of total group facilities, will mature in August 2020, extended fro
Read moreSunday share tips: Astrazeneca, Galliford Try, Grainger
5th Jul 2015 13:56
Buy shares in Astrazeneca said Questor in the Sunday Telegraph. The London-listed company is one of the foremost developers of cancer treatments in the world, especially in the exciting new field of immuno-oncology, which use the body's own immune system to recognise and destroy cancer cells. Analys
Read moreSunday share tips: Astrazeneca, Galliford Try, Grainger
5th Jul 2015 13:56
Buy shares in Astrazeneca said Questor in the Sunday Telegraph. The London-listed company is one of the foremost developers of cancer treatments in the world, especially in the exciting new field of immuno-oncology, which use the body's own immune system to recognise and destroy cancer cells. Analys
Read moreFTSE 250 movers: Auto Trader Group surges on broker intitiation, energy stocks lower
3rd Jul 2015 13:35
Mid-caps edged lower on Friday, with weakness in the oil, mining and telecommunications sectors providing a drag on the market. As of 15:15 BST, the FTSE 250 was trading 0.4% lower at 17,595. Auto Trader Group led the risers as Exane BNP Paribas initiated coverage with an 'outperform' rating, citing
Read moreGrainger appoints Helen Gordon as new CEO
30th Jun 2015 08:13
Residential group Grainger has appointed Helen Gordon as its new chief executive (CEO). Gordon, who currently global head of real estate asset management at Royal Bank of Scotland will join the company on 1 January next year, will replace outgoing CEO Andrew Cunningham, who will step down from his r
Read moreTuesday broker round-up
9th Jun 2015 07:52
Reed Elsevier: Barclays ups target price to 1,225p and lifts recommendation to overweight from equal-weight. HSBC Holdings: Investec reiterates hold and 620p target. Bernstein keeps target price at 650p. Goldman Sachs places estimates under review. Credit Suisse reiterates underperform and 580p targ
Read moreGrainger interims hit by one-off costs
14th May 2015 10:22
Several one-off costs saw interim pre-tax profit decline at residential company Grainger. The FTSE 250 group posted a pre-tax profit of £9.1m for the six months to 31 March, down from £49.8m in 2014 as the company fronted a host of exceptional costs, including an £18.2m impairment related to the fai
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