Sunday newspaper round-up: No-deal Brexit, UK banks, Melrose, GVC
27th Aug 2018 18:12
(Sharecast News) - Theresa May is to hold a cabinet crisis summit to prepare for a no-deal Brexit amid fears that a cabinet row between remainers and Brexiteers will stop Britain going it alone, and undermine her negotiating position with Brussels.
Read moreTuesday broker round-up
21st Aug 2018 13:18
(Sharecast News) - Aggreko: HSBC upgrades to buy with a target price of 1,050p.
Read moreTuesday broker round-up
31st Jul 2018 13:26
(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.
Read moreMonday broker round-up
30th Jul 2018 13:17
(Sharecast News) - Sophos Group: Numis upgrades to add with a target price of 580p.
Read moreGVC Holdings forms US sports betting venture with MGM Resorts
30th Jul 2018 07:07
(Sharecast News) - Ladbrokes owner GVC Holdings has set up a 50-50 joint venture with Las Vegas casino giant MGM Resorts International to capitalise on the new sports betting laws in the US.
Read moreGVC Holdings gains on Numis upgrade
3rd Feb 2017 10:49
(ShareCast News) - GVC Holdings was given a boost on Friday after Numis raised its rating on the gambling company to 'buy' from' hold' and reiterated a target price of 765p following "strong" fourth quarter results. In the fourth quarter to 31 December, GVC said net gaming revenue (NGR) per day was
Read moreSector movers: Household and personal goods names move higher
2nd Feb 2017 15:22
(ShareCast News) - As expected, in its latest Inflation Report the Monetary Policy Committee did bump its growth forecasts, but in an unexpected twist it also trimmed its medium-term forecast for inflation, sending yields on the benchmark 10-year Gilt spiralling lower by seven basis points to 1.38%.
Read moreFTSE 250 movers: Gold miners shine; Wizz Air flies lower
2nd Feb 2017 14:31
(ShareCast News) - The FTSE 250 index rose 0.13% to 18,264.17 in the late afternoon. Financial services firm JRP Group was in the green as it reported that its margin for 2016 will exceed 6%, up from 3.6% on a pro-forma basis from the previous year, due to pricing and risk selection, as well as on m
Read moreGVC Holdings offloads payments processing unit to pare debts
19th Dec 2016 07:27
(ShareCast News) - GVC Holdings has agreed to offload its Kalixa payments processing business for €29m cash that could rise to €35.5m. Senjo Group of Singapore expects to complete the purchase in during the first quarter of 2017. FTSE 250-listed GVC said it would use the proceeds to pay down its de
Read moreFTSE 250 movers: Investors hail Rentokil divestment
16th Dec 2016 15:51
(ShareCast News) - London's second tier index was up by 0.22% or 39.52 points at 17,808.87. Shares in pest control specialist Rentokil were among the best performing issues, after the Camberley-based outfit agreed to a combination of its Workwear and Hygiene divisions with Germany's Haniel & Cie
Read moreGVC Holdings sees FY earnings at upper end of expectations
15th Dec 2016 07:52
(ShareCast News) - GVC Holdings expects pro-forma net gaming revenue for the year to the end of December and adjusted earnings before interest, taxes, depreciation and amortisation to be at the upper end of forecasts as the company's strong trading performance has continued through the fourth quarte
Read moreGVC Holdings to pay special dividend ahead of schedule
3rd Nov 2016 08:27
(ShareCast News) - Sports betting company GVC Holdings is to pay a special dividend ahead of schedule following two acquisitions and positive trading for the year so far. The FTSE 250 company said it intends to pay a dividend of 10 cents per share in February for the 2016 financial year, due to posi
Read moreInvestec downgrades William Hill and Ladbrokes Coral, rotates into online
2nd Nov 2016 10:22
(ShareCast News) - Investec downgraded William Hill and Ladbrokes Coral as it rotated its chips on more digital-focused gambling stocks Playtech, 888 and GVC. Hill's was cut to 'sell' from 'reduce' and its target price to 243p from 289p, while the newly merged Ladbrokes Coral was given an 'add' rati
Read moreGVC's strong first half boosts confidence for full year
20th Sep 2016 07:40
(ShareCast News) - Fresh from being added to the FTSE 250 on Monday, online gaming and gambling group GVC Holdings said it was confident of achieving a result at the upper end of market expectations for 2016 after a strong first half result. Having completed the acquisition of larger rival Bwin.Part
Read moreTuesday broker round-up
13th Sep 2016 11:56
(ShareCast News) - GVC Holdings: Berenberg reiterates buy with a target price of 760p. Softcat: Citigroup reiterates buy, 410p target. GlaxoSmithKline: Jefferies downgrades to underperform with a 2300p target. Relx: UBS stays at buy with a 1600p target. GB Group: Citigroup starts coverage at buy
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