Grainger buys London residential portfolio
16th Apr 2014 07:58
UK property group Grainger has bought a residential portfolio in London for 160m pounds from Property Investments. The Chelsea Houses Portfolio includes 61 freehold houses and is located across nine streets in Knightsbridge and Chelsea. Grainger said the "unmodernised nature" of the majority of th
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreFTSE 250 movers: Polymetal lifted by broker comments
17th Mar 2014 13:55
Polymetal received a boost from Canaccord Genuity which raised the stock to 'buy' after lifting its assumptions for gold prices over the medium and long term. Kenmare Resources was recovering well after it last week posted losses of $44m for 2013, helped by positive comments from both Goodbody Stoc
Read moreLondon midday: Stocks snap six-day losing streak after Crimea vote
17th Mar 2014 11:36
- Crimea votes to rejoin Russia - Russia-West tensions high after referendum - Housebuilders rise on Help to Buy, housing data - Glencore Xstrata leads miners higher, Vodafone gains techMARK 2,783.12 +0.64% FTSE 100 6,551.58 +0.36% FTSE 250 16,237.65 +0.70% UK stocks were performing well on Monday
Read moreMonday broker round-up UPDATE
10th Mar 2014 08:43
African British Foods: UBS raises target price from 2890p to 3300p and keeps a buy recommendation. BBA Aviation: Citi ups target price from 335p to 385p and reiterates a buy recommendation. Capita Group: Liberum Capital increases target price from 880p to 1100p upgrading to hold. Centrica: Credit
Read moredotDigital directors each sell 1.5m shares to meet investor demand
26th Feb 2014 15:23
Three dotDigital directors this week each sold 1.5m shares in the software as a service provider to meet strong demand from institutional investors. Chief Executive and Finance Director Peter Simmonds, Chief Technical Officer Simon Bird, and Chief Operating Officer Tink Taylor, each pocketed £447,1
Read moreGrainger enjoys strong Q1, cautiously optimistic for year
6th Feb 2014 08:01
- Strong start to financial year - Sales boosted by disposals - Optimistic for the rest of the year FTSE-250 residential property owner and manager Grainger said it enjoyed a strong start to the year, amid strengthening market conditions, and is cautiously optimistic for the remainder of its fiscal
Read moreFTSE 250 movers: WH Smith climbs on strong divisional result
22nd Jan 2014 16:00
Books and stationery retailer WH Smith was higher after reporting a smaller-than-expected decline in underlying sales from its Travel division. UK pub operator JD Wetherspoon rose after a strong pick-up in like-for-like revenue growth in the second quarter covering the key Christmas period. Proper
Read moreLondon midday: Stocks slip on rate speculation as UK unemployment declines
22nd Jan 2014 11:30
- Markets pull back sharply after UK data - Fall in unemployment sparks rate speculation - Sage rises after confident update - RBS hit by UBS downgrade to 'sell' techMARK 2,852.20 +0.20% FTSE 100 6,825.74 -0.12% FTSE 250 16,130.75 -0.08% UK markets had erased gains by Wednesday lunchtime as concer
Read moreLondon open: Stocks gain ahead of UK data
22nd Jan 2014 08:48
- Markets at highest level since May 2013 - UK jobless data, MPC minutes in focus - Miners provide a lift but BHP subdued techMARK 2,859.42 +0.46% FTSE 100 6,856.45 +0.32% FTSE 250 16,203.07 +0.36% UK markets opened with moderate gains on Wednesday morning as the FTSE 100 continues to trade at its
Read moreGrainger receives planning permission for new homes in London
22nd Jan 2014 08:10
UK residential property company Grainger has received planning permission to build 84 new homes in Kensington and Chelsea, London. The Royal Borough of Kensington and Chelsea gave the group the green light to develop 53 homes on the former car park site at Young Street, Kensington and 31 homes at H
Read moreWednesday broker round-up UPDATE
15th Jan 2014 08:42
African Barrick Gold: Liberum Capital downgrades to sell with a target price of 147p. Deutsche Bank lowers target price from 190p to 180p, while maintaining a hold recommendation. African Minerals: Deutsche Bank shifts target price from 410p to 414p and maintains a buy recommendation. Amlin: JP Mo
Read moreGrainger COO to step down at end of January
13th Jan 2014 13:28
The Chief Operating Officer (COO) of residential property owner Grainger has announced plans to leave the company at the end of January. Peter Crouch, who has been with the company since 2005, will receive a severance payment based on his salary as well as performance-related share options under t
Read moreLondon pre-open: FTSE to move above 6,700 ahead of payroll numbers
10th Jan 2014 07:30
City sources predict the FTSE 100 will open 25 points higher than yesterday's close of 6,691.34 ahead of today's US non-farm payroll figure. The consensus of analysts expect the Bureau of Labor Statistics data to reveal a 195,000 increase in non-farm payrolls in December, down slightly from the 20
Read moreGrainger sells part of retirement solution portfolio
10th Jan 2014 07:11
Residential property group Grainger has disposed of a portfolio of UK properties and won a management contract over the homes. The properties, which it acquired via its retirement equity release scheme, have been sold for £87.6m to property investor Clifden Holdings. This earned the FTSE 250 comp
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