UK SMALLCAP ROUNDUP: Anglesey Mining Down On Quebec Dispute
10th Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ANGLESEY MINING PLC (AYM.LN), an iron ore miner, Thursday said Quebec Innu are planning to set up a barricade in Canada that could block access to Labrad
Read moreLondon afternoon: Strong US start lifts Footsie
10th Jun 2010 14:40
Footsie has perked up following a bright start on Wall Street. British chip maker ARM Holdings is on the upturn on the revival of the old rumours of a bid from US consumer electronics giant Apple. Its FTSE 250-listed peer Imagination Technologies, whose chips are also used in smartphones, is highe
Read moreBroker tips: Halfords, JD Sports, Synchronica
10th Jun 2010 12:37
Car parts and cycles retailer Halfords is a good defensive play but it also has plenty of growth potential, KBC Peel Hunt reckons. "Management has set out a target of delivering average annual EPS [earnings per share] growth of 15% going forward, a measure that suggests material upside to our mediu
Read moreBroker snap: Halfords to outperform
10th Jun 2010 12:35
Car parts and cycles retailer Halfords is a good defensive play but it also has plenty of growth potential, KBC Peel Hunt reckons. "Management has set out a target of delivering average annual EPS [earnings per share] growth of 15% going forward, a measure that suggests material upside to our mediu
Read moreUK SMALLCAP ROUNDUP: Wincanton Eyeing Public Sector Openings
10th Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps WINCANTON PLC (WIN.LN) said it is eyeing more opportunities in the public sector following a recent joint venture with outsourcing specialist Serco Group
Read moreSector movers: Tech stocks on the rise
10th Jun 2010 12:23
The technology hardware and equipment sector has been lifted by a jump in the share price of ARM and Imagination Technologies, which both provide chips used in smartphones such as Apple's iPhone. Speculation of an Apple bid for ARM is doing the rounds. The top performer in the sector though is tid
Read moreFTSE 250 movers: Premier Farnell surges ahead
10th Jun 2010 12:21
Shares in Premier Farnell are ahead after the electronic and industrial components supplier issued a confident outlook for 2010 as quarterly profit more than doubled. Imagination Technologies is up in sympathy with ARM, which also makes chips used in smartphones, amid rumours of an Apple bid for AR
Read moreLondon midday: Miners buoy Footsie
10th Jun 2010 12:06
Though embattled oil giant BP remains a drag on the index the market had a positive morning session, helped by demand for mining stocks. Wednesday's plunge in the value of its US stock shocked BP into issuing a statement this morning claiming it knows of no reason for the dramatic sell-off. BP shar
Read moreUPDATE: Halfords Sees Medium-Term Earnings Rising 15% A Year
10th Jun 2010 10:55
(Adds CEO comment, analysts' comments.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. automotive and leisure products retailer Halfords Group PLC (HFD.LN) Thursday said it expects earnings to grow about 15% each year in the medium term, on an expanded core retail bus
Read moreUK SMALLCAP ROUNDUP: Halfords Sees FY11 Earnings Growth
10th Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HALFORDS GROUP PLC (HFD.LN) Thursday predicted further earnings growth this fiscal year, in spite of continued tough trading conditions, as it posted a s
Read moreLondon open: BP leads decline
10th Jun 2010 08:50
London's leading shares spilled into the red in early deals, led by oil giant BP. Wednesday's plunge in the value of its US stock has shocked British oil giant BP into issuing a statement this morning claiming it knows of no reason for the dramatic sell-off. BP shares slumped 16% in heavy US trade
Read moreHalfords Says Won't Use M&A To Re-Enter Overseas Markets
10th Jun 2010 08:02
By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. automotive and leisure products retailer Halfords Group PLC (HFD.LN) Thursday said it won't use acquisitions as a way of re-entering Europe and other overseas markets, and its focus is very much on domestic opportunities.
Read moreMARKET TALK: WH Ireland Raises Halfords Target Price
10th Jun 2010 08:00
0700 GMT [Dow Jones] WH Ireland raises Halfords (HFD.LN) target price to 500p from 490p. Says the company's final results are marginally ahead of expectations, with trading since year-end having remained robust. Says the gross margin increased by 230 basis points to 54.4% as a result of sourcing ben
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
10th Jun 2010 08:00
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] 0700 GMT [Dow Jones] WH Ireland raises Halfords (HFD.LN) target price to 500p from 490p. Says the company's final results
Read moreMARKET TALK: Halfords FY Results Modestly Ahead - Execution
10th Jun 2010 07:49
0649 GMT [Dow Jones] Halfords' (HFD.LN) FY '10 results are modestly ahead of expectations says Execution Noble. Notes management's target of delivering average annual EPS growth of 15% going forward. Says Halfords remains one of the best placed retailers under the brokerage's coverage showing contin
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