SABMiller Marketing Director trades in shares
15th Jan 2013 16:53
Nick Fell, the Marketing Director of SABMiller, has sold 12,400 shares, it was announced Tuesday. The transaction, which took place last week, saw Fell trade in the shares at 2,886.82p per share, pocketing a total of £357,966 before tax. At the end of November the company reported that it had bee
Read moreFriday broker round-up UPDATE
11th Jan 2013 07:01
Aberdeen Asset Management: Credit Suisse raises target price from 380p to 410p reiterating an outperform rating. Afren: Deutsche Bank cuts target price from 175p to 165p stayling with its buy rating. Ashmore Group: Credit Suisse moves target price from 380p to 375p and downgrades to underperform.
Read moreHilton Food enters into joint venture with Woolworths
10th Jan 2013 10:31
Specialist meat packing business Hilton Food has signed a joint venture agreement with Australia's largest retailer, Woolworths. The deal has been established through a new company Woolworths Meat Co Pty, which is 50% owned by a new Hilton subsidiary, Hilton Foods Asia Pacific and 50% owned by Wool
Read moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
Read moreTuesday broker round-up
6th Nov 2012 09:03
AB Foods: Jefferies keeps hold rating and 1,365p target; Panmure Gordon ups target from 1,300p to 1,450p, hold rating kept; Investec keeps hold rating and 1,300p target. Aviva: Panmure Gordon maintains buy rating and 425p target. Babcock: Jefferies keeps buy rating and 970p target; Seymour Pierce
Read moreHilton Food sees growth opportunities
6th Nov 2012 08:25
Meat packaging firm Hilton Food said trading across the group's operations has been in line with company expectations in the period from July 16th 2012 to date and sees growth opportunities in domestic and overseas markets. The Cambridge headquartered group said it had made steady progress in Weste
Read moreTuesday broker round-up
11th Sep 2012 09:29
3i Group: Oriel Securities downgrades to hold. AB Foods: HB Markets upgrades to buy. ARM Holdings: UBS raises target from 645p to 750p, buy rating kept. ASOS: Investec upgrades from hold to buy, 2,450p target kept. Bunzl: Goldman Sachs downgrades to sell, target cut from 978p to 965p. Burberry:
Read moreHilton Food counts the cost of high meat prices
11th Sep 2012 07:30
Meat packing firm Hilton Food Group said profit for the 28 weeks to 15 July 2012 was unchanged from the same time last year as high meat prices ate into earnings. The Cambridgeshire based group, which sells its products to Tesco, Ahold and Albert Heijn said revenue for the period rose to £543m, up
Read moreWeek Ahead: AB Foods, Supergroup, Wetherspoon ...
7th Sep 2012 10:04
There is a food theme to the corporate diary at the start of next week, while retailers will also be in fashion. On Friday, the week ends, as all working weeks should, with a visit to the pub. Associated British Foods reports on Monday, and although its Primark stores will garner their usual quota
Read moreFriday tips round-up: National Grid, Hilton Foods
20th Jul 2012 07:17
National Grid's regulated business in the UK generates about 60 per cent of group profits. That's why Ofgem's rules on the rate of return it is allowed and level of investment are crucial. On Monday, Ofgem released its draft determination for the new, extended regulatory period from 2013 to 2021. Th
Read moreWeir Director boosts stake with 3,500 shares
19th Jun 2012 16:36
John Mogford, an independent non-executive director of engineering giant Weir Group, purchased 3,500 ordinary shares on Monday at 1,454p a pop. The £50,890 purchase, which took Mogford's total holding in the company to 11,481 shares, came just one day before the company reconfirmed its full-year g
Read moreWednesday broker round-up - UPDATE
16th May 2012 08:26
Babcock: UBS raises target from 880p to 950p, buy recommendation unchanged. Barclays: UBS upgrades from neuter lot buy, target cut from 272p to 215p. Cineworld: Merchant Securities maintains buy rating and 244p target. Compass Group: Numis upgrades from add to buy, target left at 750p. Experian:
Read moreHilton Chief stocks up on 100,000 shares
13th Apr 2012 12:51
Robert Watson, Chief Executive Officer of Hilton Food Group, snapped up 100,000 shares in the company on Wednesday April 11, less than a fortnight after the company posted a 10% rise in pre-tax profits. Watson, who has held his position since 2002, purchased the shares at 280p each for a total ou
Read moreSector movers: Old Mutual boosts life insurers after Nordic sale
15th Dec 2011 15:01
Life insurance stocks were on the rise on Thursday afternoon, helped by FTSE 100 savings, investment and insurance group Old Mutual. Shares in Old Mutual roared higher on Thursday after announcing that it is to sell its Nordic business Skandia AB for £2.1bn in an effort to "reduce complexity" and p
Read moreWednesday tips round-up: Abcam, National Express, IG
14th Sep 2011 06:34
Abcam initially produced primary antibodies, tools used in genetic research. Four fifths of its products go into laboratories and other research facilities funded by the public purse, which is a weakness. The company floated on AIM in 2005 with a market capitalisation of £57.5 million and is now wor
Read more