MARKET TALK: UBS Raises Halma Price Target
23rd Jun 2010 09:54
0854 GMT [Dow Jones] UBS raises Halma (HLMA.LN) price target to 280p from 260p, saying it views the company's new margin range as positive for the investment case. Notes Halma is breaking with tradition and opting for margins of 'at least 18%.' "With volumes recovering, we expect 20.4% margins to be
Read moreMARKET TALK: Goldman Sachs Nudges Up Halma Price Target
23rd Jun 2010 09:42
0842 GMT [Dow Jones] Goldman Sachs nudges up Halma (HLMA.LN) price target to 319p from 314p. Says the company's annual results are broadly in line. Sees the new margin guidance from Halma as a small net positive, signaling confidence over retention of cost saving measures taken during FY '09/'10. Ho
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
23rd Jun 2010 09:42
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0842 GMT [Dow Jones] Goldman Sachs nudges up Halma (HLMA.LN) price target to 319p from 314p. Says the company's annual result
Read moreWednesday tips round-up: Halma, Chemring, Grainger
23rd Jun 2010 06:43
Halma, which specialises in hazard detection and "life protection" technology, looks in rude health itself these days, although it did have to undergo some painful cuts to get here. Its products include smoke detectors and safety sensors for lifts and automatic doors, water disinfection systems and
Read moreLondon close: Lower finish after budget
22nd Jun 2010 16:40
The budget did little to change the overall direction of the leading share index, which fell in early dealings and remained stuck in the red, though there was movement in specific sectors. A widely expected rise in Capital Gains Tax (CGT) was implemented, with higher rate payers to pay 28% from mid
Read moreUK SMALLCAP ROUNDUP: UK Govt To Launch GBP37.5M Growth Fund
22nd 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 THE U.K. government announced Tuesday in its emergency budget it will launch an Enterprise Capital Fund to support fast-growing small businesses. The
Read moreLondon afternoon: Market takes tax hikes on chin
22nd Jun 2010 14:17
Footsie is still in the red after chancellor George Osborne's first Budget, which contained a huge raft of tax and benefit changes, most of which will raise revenue for the government. VAT is going up from 17.5% to 20%, capital gains tax is rising to a flat rate of 28% while the banks and building
Read moreBroker tips: Whitbread, Halma
22nd Jun 2010 13:23
The interim management statement from hotels, restaurants and coffee shops owner Whitbread was exceptionally strong, Panmure Gordon said, with encouraging signs of a turnaround at Premier Inns. "Encouragingly, Premier Inn LFL [like for like] RevPar [revenue per available room] has increased 9.1% ov
Read moreBroker snap: Halma's divi growth record looks safe
22nd Jun 2010 13:10
Stronger than expected cash generation should ensure that Halma's 31 consecutive years of dividend growth in excess of 5% per year should be extended, broker KBC Peel Hunt predicts. The broker notes that the cash generation will add about £100m about to the war chest of a company that has not been
Read moreUK SMALLCAP ROUNDUP: Easydate Fancies GBP10M IPO Raising
22nd 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 EASYDATE PLC, an Edinburgh-based internet-dating company, Tuesday said it plans to raise GBP10 million when it lists on London's Alternative Investment M
Read moreLondon midday: Budget casts shadow over Footsie
22nd Jun 2010 12:04
Footsie is lower ahead of today's emergency Budget with markets uneasy given the tough rhetoric beforehand from chancellor George Osborne. The sentiment boost enjoyed yesterday following the announcement that China is to stop pegging its currency to the US dollar has worn off, as can be seen by the
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -3-
22nd Jun 2010 10:02
0611 GMT [Dow Jones] PREVIEW: New Zealand's 1Q current account deficit expected to narrow, may record surplus as boosted by improvement in trade balance, according to economists. According to median forecast from Dow Jones poll of 9 economists, 1Q current account deficit at NZ$250 million vs NZ$3.57
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
22nd Jun 2010 10:02
0619 GMT [Dow Jones] (An item at 0600 GMT, misstated Yang Ming Marine's closing stock price. The correct version follows:) Taiwan shares end down 0.3% at 7612.68 in quiet trade, taking breather after ending at 5-week high yesterday. Hua Nan Securities Investment Assistant Vice President Henry Miao t
Read moreMARKET TALK: Investec Lifts Halma Price Target
22nd Jun 2010 10:02
0902 GMT [Dow Jones] Investec nudges up Halma (HLMA.LN) price target to 315p from 305p, after the half-year results beat the brokerage's expectations. The group's defensive earnings and rock-solid dividend are enhanced by stronger medium-term growth prospects than at any time previously, says Inves
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
22nd Jun 2010 10:02
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0902 GMT [Dow Jones] Investec nudges up Halma (HLMA.LN) price target to 315p from 305p, after the half-year results beat the
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