MARKET TALK: Seymour Pierce Lifts Michael Page To Hold
9th Jul 2010 08:13
0713 GMT [Dow Jones] Seymour Pierce upgrades Michael Page International (MPI.LN) to hold from sell and raises target price to 375p as the company returns to more normal levels of business. "But we are still cautious about the medium term outlook for recruitment markets," says the analyst. Will be up
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
9th Jul 2010 08:13
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0713 GMT [Dow Jones] Seymour Pierce upgrades Michael Page International (MPI.LN) to hold from sell and raises target price
Read moreMichael Page Sees Continued Growth As Confidence Improves
9th Jul 2010 07:21
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s second largest recruiter Michael Page International PLC (MPI.LN) Friday reported continued strong earnings in the second quarter boosted by more activity in permanent recruitment as confidence levels improve. Chief Ex
Read moreFriday tips round-up: Hays, Man, FirstGroup
9th Jul 2010 06:55
It was a better update from recruiter Hays than might have been expected given the continuing economic uncertainty here and in Europe. Happily for investors, the recruiter's reach extends well beyond these shores to places where the economic climate is altogether sunnier. The prospective yield is
Read moreLondon close: Footsie powers forward
8th Jul 2010 16:59
Footsie's strong recovery continued for a third day with the blue chip index closing above 5,100 driven by buoyant financial services companies. The index is up by more than 300 points this week and to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's
Read moreLondon afternoon: Footsie on fire
8th Jul 2010 14:13
Bullish banks and rising commodity prices have sparked a fresh rally, taking this week's recovery near to 300 points and the leading index to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's forecast upgrade by American peer State Street had buyers all
Read moreBroker tips: AB Foods, Hays, Aquarius
8th Jul 2010 13:13
Nomura Securities has initiated coverage of Associated British Foods in the wake of the company's trading update and thinks the stock is undervalued. It's initial recommendation is "buy" with a price target of 1160p, giving a potential 20% upside to the current share price. "Domestic expansion and
Read moreBroker snap: Hays price now reflects cuts scenario
8th Jul 2010 13:10
The anticipated decline in public sector recruitment opportunities is now reflected in the share price of Hays, according to KBC Peel Hunt, which has turned less bearish on the stock after Thursday's trading update. "In the short to medium term we see no catalysts for the stock and note the 6.4% yi
Read moreLondon midday: Banks buoyed by IMF report
8th Jul 2010 12:03
Leading shares resumed their upward trek late in the morning session, with banks leading the advance ahead of the announcement of the Bank of England's rate decision announcement. The Bank kept interest rates unchanged at 0.5%, as expected Buyers have been chasing bank prices higher after the Inter
Read moreUPDATE: Hays Returns To Growth On Strong International Business
8th Jul 2010 09:44
(Adds detail and comment.) By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s largest recruiter Hays PLC (HAS.LN) Thursday said it has returned to year-on-year growth in net fees for the first time in two years, despite continued woes in the U.K. public sector. Th
Read moreUPDATE: Hays Sees Further Fallout From UK Public Sector Cuts
8th Jul 2010 09:07
(Adds detail, comment.) By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Hays PLC (HAS.LN), the U.K.'s largest recruiter, expects a further fallout from spending cuts in the public sector and is waiting for the government to announce how many jobs will go in its Autumn spendin
Read moreHays Director Sees Further Fallout From UK Public Sector Cuts
8th Jul 2010 08:30
LONDON (Dow Jones)--U.K. recruiter Hays PLC (HAS.LN) expects a further fallout from spending cuts in the U.K. public sector, and is waiting for the government to announce how many jobs will go in its Autumn spending review. Finance Director Paul Venables said on a conference call it won't be eas
Read moreLondon open: Banks and miners lead advance
8th Jul 2010 08:17
London's top stocks got off to a flying start, up around 1% in early dealings, with banks and miners leading the way. Royal Bank of Scotland and Barclays have both added more than 4%, closely followed by Lloyds Banking, up just under 4%. Among the miners, Antofagasta, Xstrata and Kazakhmys are in d
Read moreMARKET TALK: Hays Return To Growth Is Good Sign - S Pierce
8th Jul 2010 08:12
0712 GMT [Dow Jones] Hays' (HAS.LN) 4Q '10 results show a return to year-on-year growth for the first time in two years, which is clearly a good sign, says Seymour Pierce. Notes on a like-for-like basis net fee income was up 8%, compared with the same period last year, driven by Asia Pacific. Nevert
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
8th Jul 2010 08:12
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0712 GMT [Dow Jones] Hays' (HAS.LN) 4Q '10 results show a return to year-on-year growth for the first time in two years, w
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