Sainsbury Group Development Director adds 6,000 shares to stake
10th Sep 2013 16:27
Luke Jensen, the Group Development Director of Sainsbury, purchased 5,944 shares for him and his wife. The transaction was split into 2,971 shares for himself, bought at 3,974p a time, and 2,973 shares for his wife, bought at 3,972p. Jensen, who joined Sainsbury and the operating board in June 2
Read moreFriday broker round-up UPDATE
30th Aug 2013 09:27
Antofagasta: Morgan Stanley cuts target price from 830p to 810p and maintains an underweight rating. ARM Holdings: Deutsche Bank raises target price from 470p to 1080p upgrading to buy. Aviva: Barcalys increases target price from 294.50p to 320p, while its underweight rating remains unaltered. Bw
Read moreHays UK arm back in profit as client confidence improves
29th Aug 2013 08:31
Recruitment firm Hays has driven its UK business back to an annual profit after cutting costs and returning to net fee growth in the second half. It said it was seeing early indications of recovery in the UK and Ireland, particularly in terms of improved client confidence. However, difficult condi
Read moreMonday broker round-up UPDATE
5th Aug 2013 07:06
Anglo American: Citi increases target price from 1400p to 1500p reiterating a neutral rating. Atkins: Jefferies raises target price from 950p to 1075p and retains a hold recommendation. Capita: Berenberg takes target price from 955p to 1060p, while downgrading from buy to hold. Cineworld Group: N
Read moreFriday broker round-up UPDATE
12th Jul 2013 08:11
Ashmore Group: Morgan Stanley cuts target price from 444p to 420p and leaves its equal-weight rating unchanged. JP Morgan ups target price from 339p to 377p maintaining a neutral rating. AstraZeneca: Jefferies reduces target price from 3560p to 3400p, while keeping its hold recommendation. Aviva:
Read moreLondon midday: Bernanke comments drive gains on FTSE 100
11th Jul 2013 11:35
A strong performance in the mining sector ensured that the FTSE 100 was trading firmly in positive territory on Thursday after dovish comments from Federal Reserve Chairman Ben Bernanke sparked gains in commodity prices. "After June's sell-off in risk assets was attributed to seemingly hawkish comm
Read moreLondon pre-open: Strong start expected after dovish comments from Bernanke
11th Jul 2013 07:34
The UK benchmark index is expected to open with gains of over one per cent in early trading on Thursday as markets react to dovish comments from Federal Reserve Chairman Ben Bernanke. City sources predict the FTSE 100 will open up 89 points from yesterday's close of 6,505. Minutes of the June Fed
Read moreHays fourth quarter net fees increase three per cent
11th Jul 2013 07:19
Recruitment firm Hays reported an increase in final quarter net fees, and while it expects fragile and mixed conditions to continue, it is confident full year operating profit will be at the top of the current range of market estimates. Total net fees for the final quarter rose 3% and on a like-for
Read moreBarclays raises forecasts for UK growth in 2013 and 2014
9th Jul 2013 12:26
Economists at Barclays Research on Monday issued a note in which they lifted their forecasts for economic growth in the UK as the animal spirits of consumers and businesses improve, prompting increased household consumption and investment, respectively. The above is reflected in recent readings f
Read moreThursday broker round-up UPDATE
4th Jul 2013 08:17
Aberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreBroker tips: Tullow Oil, Hays, G4S
1st Jul 2013 13:14
Analysts at Nomura have upped their view on shares of oil exploration group Tullow Oil ahead of what they expect will be a positive trading update from the company this next Wednesday. That is particularly true, they believe, given the generally sombre outlooks typical for large-cap majors in Euro
Read moreBroker snap: Credit Suisse raises Hays to outperform
1st Jul 2013 13:12
While recruitment outfit Hays is expected to continue to meet challenging conditions in Australia its current share price is currently discounting almost no value in its UK segment. Furthermore, the company's stock is trading at a calendar year 2013 price-to-earnings ratio of 13.6, versus an avera
Read moreMonday broker round-up UPDATE
1st Jul 2013 07:27
Ashmore Group: Canaccord Genuity lowers target price from 399p to 380p, while its buy recommendation remains unchanged. ASOS: Panmure Gordon increases target price from 4320p to 4555p and retains a buy recommendation. AVEVA Group: Sanlam Securities reduces target price from 2500p to 2325p leaving
Read moreTuesday broker round-up UPDATE
18th Jun 2013 08:19
Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 350p. Andes Energia: Westhouse Securities initiates with a target price of 60p and a buy recommendation. Andor Technology: Investec reduces target price from 525p to 360p downgrading from buy to hold. A
Read moreBroker snap: Credit Suisse highlights challenging end markets for Michael Page
29th May 2013 10:44
Credit Suisse said it remains cautious over recruitment firm Michael Page International (MPI) and has kept a 'underperform' rating for the stock due to its challenging end markets. In its global labour survey, World at Work, Credit Suisse has analysed employment data from 11 major economies and fou
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