FTSE 250 movers: 3i rises on good start to the year
14th May 2014 14:29
Private equity group 3i Group rose into the top spot after it said it was starting the year with good momentum and ambitious plans, after unveiling results that showed an encouraging improvement in net asset value (NAV). With private equity realisations reaping £669m, up 43% over opening value, the
Read moreFriday tips round-up: Howden Joinery, James Fisher and Sons
2nd May 2014 10:19
Consumer confidence registered a big jump last summer and has continued improving ever since. That is what the latest results from Howden Joinery seem to show. This is because consumers need to be quite confident before splashing out on an investment such as a kitchen. Furthermore, the company conti
Read moreHowden Joinery revenue rises as buoyant demand continues
1st May 2014 08:36
- Performance so far this year in line with expectations - Improved market conditions have continued - Planning to open 30 new depots this year Shares of Howden Joinery rallied after it issued an encouraging update on its trading performance so far this year, with the improved market conditions see
Read moreTT Electronics finance chief sells stock
1st Apr 2014 13:09
The wife of TT Electronics Finance Director Shatish Desani sold down some of the pair's stake on Tuesday with the shares just off a seven-year high. The Desanis sold £319,500 of a stake under Mrs Desani's name at 213p, to leave the couple with a holding of 0.33%. Desani joined in 2008 when the sh
Read moreBellway Chairman sells share post transfer after strong results
27th Mar 2014 16:01
On the same day that it reported a stellar set of half-year results, the Executive Chairman of UK residential property developer Bellway, Ted Ayres, disposed of 12,276 shares. The stock was part of a larger batch of shares transferred to Ayres from the company's employee share option scheme for a c
Read moreFriday broker round-up UPDATE
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
Read moreHowden full year profits rise to 138.4m pounds on strong revenues
27th Feb 2014 12:54
Full-year pre-tax profits at kitchen maker Howden Joinery rose to 138.4m pounds from 112m pounds as UK depot revenue grew 7.8 per cent to 940.7m pounds. The company said UK depot sales in the first two periods of 2014 up to February 22 were up 7.3% on the same periods last year, in line with expec
Read moreSunday share tips: Intecontinental Hotels, Rio Tinto, Pendragon
16th Feb 2014 18:09
Holders of shares in Intercontinental Hotels Group may want to extend their stay, the Sunday Times's Danny Fortson says. In his Inside the City column, Fortson said the owner of Holiday Inn and Crowne Plaza has returned more than $9bn to shareholders since it was de-merged from Bass in 1993. Another
Read moreWednesday broker round-up UPDATE
29th Jan 2014 08:54
African Barrick Gold: Canaccord Genuity ups target price from 180p to 205p keeping a hold recommendation. Antofagasta: Westhouse Securities takes target price from 1000p to 1060p and maintains its buy recommendation. BG Group: Liberum Capital reduces target price from 1475p to 1280p downgrading to
Read moreThursday broker round-up UPDATE
21st Nov 2013 09:14
Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C
Read moreWednesday broker round-up
6th Nov 2013 08:48
Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm
Read moreHowden Joinery sees full-year profit at top end of forecasts
6th Nov 2013 07:34
- Sees full-year profit at upper end of forecasts - Strong second-half trading - Gross margin in line with expectations Howden Joinery said it expects full-year pre-tax profit to be at the upper end of forecasts as the improving housing market drove demand during its second half. The group, which
Read moreLondon close: Stocks jump to two-week high on hopes over US debt deal
11th Oct 2013 16:34
Hopes that US lawmakers can lift the debt ceiling and avert a default spurred markets higher on Friday with the FTSE 100 rising to levels not seen in two weeks. Sentiment was also lifted by the successful stock-market debut of postal group Royal Mail which soared by over a third after attracting a
Read moreFTSE 250 movers: Chemring shares plunge on warning
11th Oct 2013 15:24
Military equipment manufacturer Chemring sank sharply this morning after saying that its North American business continues to be affected by the US government shutdown and said the full impact was unknown - although it would have a definite impact on October order intake and deliveries in the US Dep
Read moreTuesday broker round-up UPDATE
24th Sep 2013 08:31
African Barrick Gold: Liberum Capital upgrades to hold with a target price of 147p. Amec: UBS reduces target price from 1200p to 1145p downgrading from buy to neutral. Compass Group: Investec ups target price from 900p to 925p and keeps a buy recommendation. CVS Group: Investec takes target price
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