FTSE 100 movers: Mining shares slide, housebuilders rally
8th Feb 2017 14:57
(ShareCast News) - The FTSE 100 fell 0.41% to 7,156.95 points in Wednesday afternoon trade, led by mining shares. BHP Billiton was the top faller following reports workers at its Escondida copper mine in Chile vowed to start an indefinite strike on Thursday after the miner failed to produce an agree
Read moreNumis downgrades client Hargreaves Lansdown
8th Feb 2017 10:57
(ShareCast News) - Despite seeing material long-term potential from the structural shifts in the pensions market, Numis downgraded its recommendation on Hargreaves Lansdown to 'hold' from 'buy'. On Wednesday Hargreaves reported interim results that showed pre-tax profit up 21% to £131m on 16% revenu
Read moreHargreaves profits surge amid Brexit share frenzy, but shares downgraded
8th Feb 2017 07:06
(ShareCast News) - Boosted by a much-elevated level of share dealing since the Brexit vote, Hargreaves Lansdown posted much improved half-year profits and hiked its dividend 10%. The investments and pensions group processed 1.95m stockbroking deals in the six months ending 31 December, a 51% increas
Read moreNew CFO and CEO for Hargreaves Lansdown
25th Jan 2017 14:05
(ShareCast News) - Hargreaves Lansdown has appointed Philip Johnson as chief financial officer, joining the company on 20 February. Johnson was CFO of Jupiter Fund Management for seven years and prior to that, group finance director of M&G Limited for over five years. Hargreaves also confirmed the
Read moreWednesday broker round-up
14th Dec 2016 17:55
(ShareCast News) - Hargreaves: Barclays reiterates overweight with a target price of 1560p. Barclays: Exane BNP Paribas downgrades to neutral, 245p target. Domino's Pizza: Berenberg reiterates buy with a 425p target. Booker: Goldman Sachs reiterates buy with a 200p target. Paysafe: Barclays keeps
Read moreWednesday broker round-up
23rd Nov 2016 14:29
(ShareCast News) - Anglo American: UBS reiterates neutral with a target price of 950p. Lloyds: Macquarie reiterates outperform with a 65p target. Intertek: Barclays stays at equal-weight with a 3700p target. Barclays: HSBC reiterates buy with a 190p target. Homeserve: UBS maintains neutral with a
Read moreFriday newspaper share tips: Booker, Premier Oil, Hargreaves Lansdown
14th Oct 2016 15:19
(ShareCast News) - Shares in Booker are worth holding onto notwithstanding the high multiple on which they are trading, The Times's Tempus said. Since company boss Charles Wilson took the helm in 2005, the shares arrested a decline that saw them drop to less than 8p in 2007 to then recover to 185p a
Read moreHargreaves Lansdown's revenues lifted by Brexit but uncertainty looms
13th Oct 2016 07:10
(ShareCast News) - Hargreaves Lansdown's first quarter revenue increased but the financial services company was affected by low investor confidence in the wake of the Brexit result from the EU referendum as new business flows fell. In trading update for the three months ended 12 October, the company
Read moreFriday broker round-up
16th Sep 2016 10:54
(ShareCast News) - Admiral Group: Berenberg reiterates hold with a target price of 1804p. Vodafone: Barclays reiterates overweight, 260p target. Next: HSBC keeps at hold with a 4485p target. Asos: JP Morgan reiterates overweight with a 5400p target. Moneysupermarket: RBC stays at outperform with
Read moreBroker tips: Dunelm, Hargreaves Lansdown, CCH
15th Sep 2016 15:51
(ShareCast News) - Canaccord Genuity on Thursday lowered its rating on Dunelm to 'hold' from 'buy' but raised its target price to 920p from 875p after the homeware retailer reported its full year results. The broker said there are short-term costs for Dunelm ahead of delivering its long-term objecti
Read moreFTSE 100 movers: Morrisons leads rally, Hargreaves' double hit
15th Sep 2016 14:08
(ShareCast News) - Boosted by encouraging retail data and a serene Bank of England, the FTSE 100 turned higher by Thursday afternoon, with Morrisons topping the index. Interim results from the Yorkshire-based supermarket group strongly beat the market's estimates, with first half like-for-like sales
Read moreLiberum downgrades Hargreaves Lansdown, points to consensus downgrades
15th Sep 2016 09:30
(ShareCast News) - Liberum downgraded Hargreaves Lansdown to 'sell' from 'buy' pointing to further downside risks. The brokerage said that while there is no doubting the company's "formidable" track record and the strength of the business model, trading on a price-to-earnings of 36x with the prospec
Read moreHargreaves Lansdown reports jump in FY profit, AuM
7th Sep 2016 07:16
(ShareCast News) - Investment management firm Hargreaves Lansdown reported a jump in full-year profit as assets under administration grew and the company announced that its chief executive Ian Gorham was stepping down. In its preliminary results for the year to the end of June, Hargreaves said pre-t
Read moreFixed-income, global equity funds popular post Brexit
4th Jul 2016 15:34
(ShareCast News) - Fixed-income and global equity funds are enjoying an uptick in money inflows in the wake of UK's non-binding Brexit referendum, which sent jitters racing through investment community both before and since polling day. This after investors pulled hundreds of millions of pounds from
Read moreLondon open: Housebuilders lead FTSE higher on Brexit confidence
22nd Jun 2016 08:41
(ShareCast News) - London stocks inched up on Wednesday morning as polls showed the EU referendum remained too close to call, though rallying housebuilding and financials stocks indicated investors were confident a Brexit will be avoided. The FTSE 100 was 0.09% higher at 6,232.19 just before 0900 BS
Read more