Friday preview: October US non-farm payrolls, Apple in focus
1st Nov 2018 16:55
(Sharecast News) - All eyes will be on the US at the end of the week as the government publishes the all-important monthly non-farm payrolls report.
Read moreMonday broker round-up
9th Jan 2017 17:00
(ShareCast News) - Reckitt Benckiser: Berenberg reiterates hold with a target price of 7300p. EnQuest: Jefferies upgrades to buy with a 64p target. Booker: HSBC stays at buy with a 220p target. Anglo American: Barclays reiterates overweight with a 350p target. ICAP: HSBC upgrades to buy with a 52
Read moreFTSE 250 movers: Vedanta gains on outlook for zinc, Ocado loses out on Amazon deal
16th Nov 2016 15:17
(ShareCast News) - The FTSE 250 index was down 0.48% at 17,488.87 at 1604 GMT on Wednesday. Goldman Sachs upgraded Vedanta Resources from 'Neutral' to 'Buy', raised its price target from 450p to 1,300p and added it to their Conviction List, sending its shares up. The bank believes the price of zinc
Read moreIcap revenues rescued by weak pound as Trump win boosts trading
16th Nov 2016 08:04
(ShareCast News) - Electronic markets, inter-dealer broking and information provider Icap generated flat underlying revenues in the first half but enjoyed a boost from the weakness of the pound and said the US election had prompted an increase in trading activity. As the disposal of its voice brokin
Read moreThursday broker round-up
3rd Nov 2016 11:39
(ShareCast News) - IAG: Deutsche Bank keeps at buy with a target price of 540p. Just Eat: Goldman Sachs stays at buy, 760p target. Next: Credit Suisse downgrades to underperform with a 4600p target. G4S: Deutsche Bank upgrades to hold with a 220 with a 3035p target. Cineworld: HBSC starts coverag
Read moreIcap daily volumes fall year-on-year
5th Oct 2016 09:00
(ShareCast News) - September's daily volumes dropped year-on-year, interdealer broker Icap revealed on Wednesday, though were much improved from the historically quieter August. Average daily volume in the US treasury market of $157.4m was down 2% on September last year but up 8% from August. US re
Read moreBroker tips: Petrofac, Bonmarche, ICAP
28th Sep 2016 14:15
(ShareCast News) - Petrofac got a boost on Wednesday as Goldman Sachs upgraded the stock to 'buy' from 'neutral' and lifted the price target to 1,066p from 912p. It said the upgrade was driven by Petrofac's geographic exposure, which is predominantly geared to the Middle East and by the current back
Read moreICAP shares under cosh as Citigroup downgrades stock
28th Sep 2016 13:58
(ShareCast News) - ICAP shares dropped on Wednesday as Citigroup downgraded the stock to 'neutral' from 'buy' and slashed the target price to 490p from 530p. The broker is set to be renamed NEX Group Plc once it sells its global broking business to Tullett Prebon Plc for £1.1bn. "NEX Group is going
Read moreIcap operations chief decides not to join Tullett Prebon
26th Sep 2016 07:12
(ShareCast News) - Veteran Icap operations director Ken Pigaga has had second thoughts about moving to Tullett Prebon along with his voice broking colleagues as part of the impending acquisition. Pigaga, after a decade at Icap following stints at Goldman Sachs and JP Morgan, was the most senior m
Read moreICAP appoints Seth Johnson CEO of EBS BrokerTec
9th Sep 2016 07:45
(ShareCast News) - Market operator and information service provider ICAP appointed Seth Johnson chief executive of EBS BrokerTEC, ICAP's foreign exchange and fixed income global markets division. He will take over from Gil Mandelzis, who left ICAP on 21 July. Johnson initially joined ICAP as a grad
Read moreFTSE 250 movers: Sophos, Thomas Cook and Auto Trader lead gains
8th Sep 2016 14:53
(ShareCast News) - The FTSE 250 was pretty much flat late into Thursday's session, with security software group Sohpos leading the way thanks to read-across from elsewhere Oxford-based Sophos, which is holding its annual general meeting next week, hit a six-month high on the day that FTSE 100 liste
Read moreIcap and Tullett Prebon win CMA clearance for voice deal
8th Sep 2016 12:26
(ShareCast News) - Icap has received clearance from the UK competition regulator to sell on its London-based oil broking business, meaning its larger voice broking sale to Tullett Prebon can go ahead. The Competition and Markets Authority (CMA) on Thursday said it accepted the undertakings proposed
Read moreThursday broker round-up
18th Aug 2016 09:43
(ShareCast News) - Admiral Group: RBC reiterates underperform with a target price of 1600p. Laird: Berenberg maintains sell with a 230p target. BGEO Group: UBS reiterates neutral with a 2960p target. ICAP: Exane BNP Paribas upgrades to outperform with a 510p target. Poundland: Credit Suisse keeps
Read moreTullett-ICAP deal gets US approval
22nd Jul 2016 13:42
(ShareCast News) - Tullett Prebon said on Friday that its proposed acquisition of ICAP's global hybrid voice broking and information business has been cleared by US authorities. The interdealer broker said it has been granted early termination of the waiting period under the US Hart-Scott-Rodino Ant
Read moreICAP's Gil Mandelzis to step down as CEO of EBS BrokerTec
21st Jul 2016 09:39
(ShareCast News) - ICAP's EBS BrokerTec chief executive Gil Mandelzis has decided to step down from his position, the group announced on Thursday. Mandelzis will stay as chief executive until a replacement is found. Market operator ICAP said both internal and external candidates will be considere
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