FTSE 250 movers: Ashmore rises on strong Q3
11th Apr 2013 15:51
Ashmore was a high riser after reporting that assets under management (AuM) increased by 9.4 per cent in the third quarter as it attracted funds from government clients. The news also gave sector peer Man Group a lift. Recruitment company Hays was also higher after it said it expects full-year op
Read moreLondon pre-open: Slow start expected despite record gains in US
11th Apr 2013 07:28
City sources predict the FTSE 100 will open down seven points from yesterday's close of 6,387, despite record gains seen in the US overnight. However, expectations amongst traders were that this breather would be temporary, with risk appetite building as the positive vibe in the US fed across the
Read moreHays sees full year at top end of estimates
11th Apr 2013 07:18
Recruitment company Hays revealed a decline in quarterly net fees, amid challenging market conditions, and while it expects conditions to remain fragile, it still expects full-year operating profit to be at the top of the current range of market estimates. Total net fees for the quarter ended Marc
Read moreTuesday tips round-up: Hays, Gemfields, Polymetal
9th Apr 2013 08:51
In the price or further to go? That is the classic question asked of any stock and which investors are now asking of the country's main recruiting firms as they gear up for their first quarter earnings results, due out this week. These will be particularly important given the inherent lack of forwar
Read moreFTSE 250 movers: Premier Oil makes strong gains
8th Apr 2013 15:41
Premier Oil was also making gains after saying that an exploration well on the Luno II prospect in PL 359 (30% owned) had found a "potential significant discovery". Hays got a boost after JP Morgan shifted its target price from 83.40p to 88p, retaining a neutral rating. Communications technology
Read moreMonday broker round-up UPDATE
8th Apr 2013 07:21
Aberdeen Asset Management: Jefferies takes target price from 400p to 420p maintaining a hold recommendation. Admiral Group: Credit Suisse increases target price from 1320p to 1351p keeping a neutral rating. Antofagasta: Investec moves target price from 958p to 934p keeping a sell recommendation.
Read moreFriday broker round-up UPDATE
5th Apr 2013 08:33
Aberdeen Asset Management: Jefferies moves target price from 400p to 420p keeping a hold recommendation. Aggreko: Investec reduces target price from 2065p to 1900p downgrading from buy to add. APR Energy: Investec takes target price from 650p to 900p retaining a hold recommendation. ARM Holdings:
Read moreThursday broker round-up UPDATE
4th Apr 2013 07:32
Aviva: Bank of America cuts target price from 350p to 335p, while its neutral rating remains unchanged. Barratt Developments: Credit Suisse revises target price from 223p to 317p, while staying with its neutral rating. Bellway: Credit Suisse moves target price from 1202p to 1639p and leaves its ou
Read moreMonday broker round-up UPDATE
25th Mar 2013 07:12
Amur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3
Read moreTuesday broker round-up UPDATE
19th Mar 2013 07:21
Admiral Group: Canaccord Genuity raises target price from 1050p to 1215p, but reiterates its sell recommendation. BAE Systems: Investec moves target price from 325p to 375p retaining a hold recommendation. Balfour Beatty: Numis lowers target price from 330p to 300p and downgrades to add. BHP Bill
Read moreAdmiral Group Chairman trades in 100,000 shares
7th Mar 2013 15:42
Alastair Lyons, the long-standing Chairman of Admiral Group, the non-life insurance giant, reduced his stake by 100,000 shares in the wake of a strong set of full year results. In a sale made on behalf of his wife, Lyons disposed of the shares at 1,314p each, shrinking his holding to 392,152 share
Read moreMonday broker round-up UPDATE
4th Mar 2013 07:12
Aggreko: JP Morgan takes target price from 1845p to 1870p, while reiterating a neutral rating. Anglo American: Nomura reduces target price from 1800p to 1700p and downgrades from neutral to reduce. ARM Holdings: Deutsche Bank increases target price from 400p to 445p, but still recommends selling.
Read moreFriday broker round-up UPDATE
1st Mar 2013 07:17
Ashtead Group: Citigroup increases target price from 487p to 590p and keeps a buy recommendation. Atkins: JP Morgan raises target price from 893p 920p, reiterating an overweight rating. Berendsen: Panmure Gordon moves target price from 582p to 760p, while staying with its hold recommendation. Cant
Read moreLondon pre-open: FTSE to track US markets higher
28th Feb 2013 07:27
City sources predict the FTSE 100 will open up 37 points from yesterday's close of 6,326, tracking gains seen in Asia and the US overnight. US markets traded higher on Wednesday after bullish economic data indicated that the nation's housing sector is gaining momentum. January pending home sales c
Read moreThursday broker round-up UPDATE
28th Feb 2013 07:19
AZ Electronic Materials: Goldman Sachs moves target price from 440p to 450p and retains a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 667p to 679p, while downgrading to hold. British American Tabacco: Investec places its target price (previously 3350p) and buy rec
Read more