Hays reports strong growth globally
8th Oct 2015 07:42
(ShareCast News) - Recruitment company Hays has reported a strong level of net fees growth in all its regions, but currency movements have had an impact on the results. The FTSE 250 company reported on Thursday total group growth of 8%, but fluctuations in foreign exchange left the company reporting
Read moreHays on track to meet medium-term profit targets after full-year figures
27th Aug 2015 08:25
(ShareCast News) - Staffing group Hays remained on course to meet its medium-term targets for profits and dividend cover despite the stiff currency headwinds encountered during the past financial year. Broad strength in sterling capped the rate of growth in the company´s turnover at 4% to reach 3.84
Read moreHays is standout loser on FTSE 100 after RBC downgrade
28th Jul 2015 10:40
(ShareCast News) - Hays was the standout loser on the FTSE 100 after RBC Capital Markets cut the stock to 'underperform' from 'sector perform', retaining its 160p price target. "We simply think that the stock has performed remarkably well, despite the fact that we believe consensus forecasts are hig
Read moreFriday share tips: Barclays, Hays
10th Jul 2015 18:35
(ShareCast News) - If Barclays wants to light a fire under its shares it needs to fix its capital position and repair its investment bank. The latter is the common denominator between outgoing chief Antony Jenkins and the ex-bosses at Credit Suisse, Deutsche Bank and Standard Chartered. The investme
Read moreFriday broker round-up
10th Jul 2015 14:03
(ShareCast News) - Anglo American: Citi upgrades to neutral. Ashmore: Jefferies reiterates buy but shaves target price to 373.5p, Cannacord reiterates hold. Aviva: Barclays reiterates neutral stance and nudges target to 637p from 632p, Berenberg keeps at sell. BaE Systems: Berenberg upgrades to bu
Read moreLondon close: Footsie bounces back, small caps underperform
9th Jul 2015 16:50
A motley assortment of airlines, financials and homebuilders paced gains on Thursday, after a bounce in Chinese stockmarkets relieved some of the recent selling pressure. Nevertheless, China and Greece were not far from traders' minds, particularly the latter ahead of fresh reform proposals from of
Read moreFTSE 250 movers: Drax leads charge while Grafton Group takes a hit
9th Jul 2015 16:11
Mid-cap stocks were up slightly on Thursday, by 1.07% at 16:42, with power generator Drax leading the upward charge. The power company put in a solid performance after tumbling to an all-time low on Wednesday after Chancellor of the Exchequer George Osborne announced the government will remove the C
Read moreLondon open: Miners pace gains as Shanghai stocks bounce
9th Jul 2015 08:46
Miners led the top flight index higher thanks to an overnight bounce in Chinese equities, and as traders awaited fresh reform proposals out of Athens, due by midnight. As of 0836 BST the FTSE 100 was higher by 42.18 points to reach 6,532.06, while the Shanghai Stock Exchange's composite index closed
Read moreRecruiter Hays expects strong full year profit, highlights forex challenges
9th Jul 2015 08:36
Recruitment firm Hays reported a strong second quarter as group net fee growth improved by 9% and said currency movements remained a challenge for the company. The job placement firm reiterated guidance it would deliver strong group profit for the full year, and said second half operating profits wo
Read moreHays finance boss offloads £1.2m in shares
21st May 2015 16:10
The finance director of Hays has raised over £1.2m from selling shares in the recruitment specialist, cutting his stake by 44%. Paul Venables, a chartered accountant who was appointed to the board in 2006, offloaded 750,000 shares in Hays at a price of 163.6615p each. His transaction, which raised
Read moreLondon close: UK stocks set a new record high despite growth concerns
10th Apr 2015 16:32
London's FTSE 100 surged to a new all-time high on Friday, topping a previous peak reached two weeks ago, despite concerns about a slowdown in UK economic growth. The Footsie finished 74.41 points higher, rising 1.06% to a fresh record of 7,089.77, helped by gains from Shire, Aberdeen, ITV and a hos
Read moreLondon midday: Stocks shrug off weak data as FTSE closes in on new record
10th Apr 2015 11:44
Weaker-than-expected UK data wasn't enough to stop shares from advancing on Friday, as decent gains in the housebuilding sector pushed the FTSE 100 back towards its record high. The Footsie was up 0.36% at 7,040.54 by midday. The index's previous closing high of 7,037.67 was set on 23 March, while
Read moreLondon open: UK stocks near record highs as housebuilders rise
10th Apr 2015 08:33
UK stocks were on track to hit a new record on Friday, helped by strong gains in the housebuilding sector. London's FTSE 100 was up 0.46% at 7,047.39 shortly after the open. The index's previous closing high of 7,037.67 was set on 23 March, while the intraday record of 7,065.08 was set on 24 March.
Read moreLondon pre-open: FTSE to retest record high early on
10th Apr 2015 07:43
UK stocks are expected to retest record highs on Friday morning ahead of a relatively quiet day in terms of economic data. City sources predict the FTSE 100 will open 24 points higher than Thursday's close of 7,015.36. The index set an all-time closing high of 7,037.67 on 23 March. Friday's will se
Read moreHays optimistic of strong second half after third-quarter recruitment growth
10th Apr 2015 07:19
After a strong third quarter showing, recruiter Hays said it now expects to deliver second half operating profits slightly ahead of the first. In the three months to 31 March, the FTSE 250 recruitment firm increased net fees 5% against the prior year on a headline basis and 8% on a like-for-like bas
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