Helical Bar reports good progress in financial year to date
24th Jul 2015 12:28
(ShareCast News) - Property developer Helical Bar has reported steady progress in the financial year to date, thanks to good progress in its London schemes. The London-listed company said it has acquired 46,500 square foot of lettings with an additional 47,500 square foot under offer as its C-Space
Read moreSector movers: Intu and British Land lead real estate stocks lower
18th Feb 2015 14:55
Real estate groups were among the worst performers in London on Wednesday with broker downgrades hitting shares of heavyweights Intu Properties and British Land. Shopping centre owner Intu fell 3% to 365.2p after analysts at Barclays lowered their rating on the stock from 'equal weight' to 'underwei
Read morePanmure Gordon picks out "most vulnerable" UK dividends
18th Feb 2015 13:27
Panmure Gordon has warned of "storm clouds on the horizon" for income investors as corporate payouts reach "unsustainable" levels and has picked out several FTSE 350 companies where dividends appear particularly vulnerable. Although the UK economy has begun 2015 in rude health, the broker pointed ou
Read moreHelical Bar acquires £29m industrial portfolio
14th Aug 2014 12:13
Property investment group Helical Bar has acquired a portfolio of 11 warehouses for £29.7m as part of its plan to expand its product portfolio. Helical has purchased 11 industrial estates totalling 460,000 sq ft from a separate account client of Rockspring Property Investment Managers, reflecting a
Read moreHelical Bar offers senior bonds to repay loans
10th Jun 2014 13:05
Helical Bar is offering £85m of senior, unsecured convertible bonds which are due in 2019, the majority of the proceeds to be used to repay its revolving credit facilities. The rest of the proceeds will be left available for it to use to provide funding for its development pipeline and, upon ident
Read moreHelical Bar hits maiden century of profits and eyes outperformance
29th May 2014 15:13
Property investor and developer Helical Bar delivered an impressive set of results for the year to end-March, proclaiming it had hit its maiden century of profits and was well placed to deliver further outperformance. The FTSE SmallCap listed group hoisted net asset value (NAV) 19%, ahead of foreca
Read moreHelical Bar acquires mixed-use property portfolio for 40m pounds
15th Apr 2014 13:35
Property investment group Helical Bar announced it has acquired 10 properties from IM Properties for a total of 40.15m pounds reflecting an 8.35 per cent net initial yield. The annual rental income from the 10 assets is £4.07m and key tenants include National Grid, clothing retailer Next, DHL and J
Read moreMonday broker round-up UPDATE
17th Feb 2014 08:23
Aberdeen Asset Management: Goldman Sachs lowers target price from 600p to 540p, while its buy recommendation is kept. Anglo American: Deutsche Bank cuts target price from 1500p to 1460p, while leaving its hold recommendation unchanged. Credit Suisse raises target price from 1650p to 1900p upgrading
Read moreWednesday broker round-up UPDATE
15th Jan 2014 08:42
African Barrick Gold: Liberum Capital downgrades to sell with a target price of 147p. Deutsche Bank lowers target price from 190p to 180p, while maintaining a hold recommendation. African Minerals: Deutsche Bank shifts target price from 410p to 414p and maintains a buy recommendation. Amlin: JP Mo
Read moreMonday broker round-up UPDATE
30th Sep 2013 08:23
African Minerals: Canaccord Genuity raises target price from 330p to 370p and keeps a buy recommendation. Avon Rubber: WH Ireland ups target price from 530p to 590p keeping a buy recommendation. WH Ireland takes target price from 530p to 590p and reiterates a buy recommendation. Barratt Developmen
Read moreMonday broker round-up UPDATE
9th Sep 2013 10:42
Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
Read moreWednesday broker round-up UPDATE
9th Jan 2013 09:11
African Barrick Gold: Deutsche Bank reduces target price from 520p to 490p and reiterates a hold recommendation. Nomura cuts target price from 525p to 435p and downgrades from buy to neutral. African Minerals: Deutsche Bank increases target price from 606p to 620p and maintains a buy rating. AMEC:
Read moreDomino's director slices off 100,000 shares
27th Sep 2012 17:30
Patricia Thomas, the Operations Director at Domino's Pizza UK & Ireland, the main operating subsidiary of Domino's Pizza, sold 100,000 ordinary shares in the company on the same day it reported a slowdown in like-for-like sales growth in the third quarter. Thomas disposed of the shares at an avera
Read moreMonday broker round-up
11th Jun 2012 09:37
Antofagasta: RBS Capital Markets downgrades to underperform. Ashtead: Jefferies keeps buy recommendation and 300p target. Barclays: Bank of America Merrill Lynch keeps buy rating and 370p target; Oriel Securities reiterates buy recommendation and 285p target. BP: Nomura retains neutral stance and
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