New CEO at Halfords celebrates appointment with share purchase
4th Oct 2012 17:11
Matt Davies, the brand new Chief Executive Officer at Halfords Group, the FTSE-250 car and bike parts retailer, purchased 164,056 on his first day on the job. Davies, who bought the shares for 302.22p each for a total of £495,810, has replaced former CEO David Wild, who abruptly exited the company
Read moreLondon close: Stocks end flat after BoE and ECB decisions
4th Oct 2012 17:02
- BoE and ECB hold rates - US data beats estimates - Next leads risers after broker comments The Footsie swung between gains and losses for most of Thursday's session but finished the day broadly flat following a busy day on the global economic calendar, which saw policy decisions in the UK and Eur
Read moreFTSE 250 movers: Halford rises on appointment of new CEO
4th Oct 2012 16:48
Car and bike parts retailer Halfords jumped after appointing a new Chief Executive Officer following the abrupt departure of David Wild in the summer, as it revealed that full-year profits would be at the top end of guidance after a strong second quarter. Bwin.party continued to be a popular choic
Read moreBroker tips: Tate and Lyle, Halfords, FirstGroup
4th Oct 2012 12:02
Credit Suisse has raised its recommendation for sweeteners and food products group Tate and Lyle from 'neutral' to 'outperform' and raised its target price from 700p to 750p despite leaving its forecasts unchanged. Credit Suisse said: "Tate has spent a few years getting its house in order, disposin
Read moreLondon midday: Stocks edge higher as BoE holds rates
4th Oct 2012 11:47
- Middle-East tensions dampen sentiment - BoE holds rates; ECB decision eyed - Investors await US jobless claims After swinging into negative territory briefly, the FTSE 100 was back above water by Thursday lunchtime ahead of interest rate decisions in the UK and Europe. Meanwhile, investors were s
Read moreBroker snap: Seymour Pierce celebrates new CEO at Halfords
4th Oct 2012 09:46
Seymour Pierce has raised its target price for car and bike parts retailer Halfords from 300p to 340p and reiterated its 'buy' rating following the appointment of a new Chief Executive Officer (CEO) and better-than-expected trading in the second quarter. "The big news is the excellent appointment o
Read moreLondon open: Stocks gain ahead of central bank announcements
4th Oct 2012 08:23
- Investors await BoE and ECB decisions, FOMC minutes - Tate & Lyle jumps after Credit Suisse upgrades - Halfords appoints new CEO after strong Q2 European stock markets have opened with moderate gains ahead of what is likely to be a busy day on the economic front, with rate decisions due out from
Read moreThursday broker round-up - UPDATE
4th Oct 2012 07:57
BHP Billiton: Morgan Stanley cuts target from 2,180p to 2,100p, overweight rating kept. BTG: Deutsche Bank raises target from 384p to 394p, buy rating kept. Capita: Panmure Gordon keeps hold rating and 620p target. Carillion: Seymour Pierce keeps buy rating and 395p target; Panmure Gordon maintai
Read moreLondon pre-open: Small gains expected on FTSE, ECB in focus
4th Oct 2012 07:29
City sources predict the FTSE 100 will open up 11 points from yesterday's close of 5,826, tracking gains seen in the US, which came on the back of slightly better-than-expected employment and service sector data. Today's economic calendar is rather light, although central banks will be in focus.
Read moreHalfords appoints new CEO after stellar second quarter -UPDATE
4th Oct 2012 07:08
Car and bike parts retailer Halfords has appointed a new Chief Executive Officer (CEO) following the abrupt departure of David Wild in the summer, as it revealed that full-year profits would be at the top end of guidance after a strong second quarter. Halfords announced late last night that it has
Read moreThursday preview: BoE meeting, Halfords
3rd Oct 2012 17:00
At noon on Thursday, the Bank of England's Monetary Policy Committee (MPC) is set to reveal whether it has made any alterations to its key interest rate and asset purchase programme (also known as quantitative easing, or QE). The smart money is on there being no change, with the interest rate stayi
Read moreFriday broker round-up - UPDATE
14th Sep 2012 07:52
Aegis: Credit Suisse cuts target to 121.6p from 240p, maintains at underperform. Antofagasta: Nomura keeps buy rating and 1,450p target. ASOS: Peel Hunt downgrades to hold, target lifted from 1,800p to 2,100p. Daily Mail: Barclays reduces to equal-weight from overweight. Domino Printing: Jeffer
Read moreTT Electronics non-exec doubles stake
30th Aug 2012 16:19
Stephen King, an Independent Non-executive Director of electronic component and sensor technology firm TT Electronics, has doubled his stake in the company with the purchase of 50,000 shares. King, who joined TT in October last year, handed over £74,125 for the shares, which he purchased for 148.2
Read moreFriday broker round-up
20th Jul 2012 10:17
Capita: UBS ups target from 725p to 740p, buy rating unchanged. Euromoney: Peel Hunt downgrades to hold. Gulf Keystone: HSBC upgrades to overweight. Halfords: UBS cuts target from 240p to 205p, neutral rating kept; HB Markets upgrades to buy. Hammerson: Bank of America Merrill Lynch downgrades t
Read moreLondon close: Corporate earnings provide a boost
19th Jul 2012 16:59
- Markets lifted by a series of upbeat earnings - IMF urges Britain to do more - Economic data from the US maybe not as weak as it appears A barrage of upbeat earnings reports from some heavyweight stocks across the US and Europe lifted sentiment today, sending the Footsie to its highest closing le
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