Tuesday broker round-up
6th Nov 2012 09:03
AB Foods: Jefferies keeps hold rating and 1,365p target; Panmure Gordon ups target from 1,300p to 1,450p, hold rating kept; Investec keeps hold rating and 1,300p target. Aviva: Panmure Gordon maintains buy rating and 425p target. Babcock: Jefferies keeps buy rating and 970p target; Seymour Pierce
Read moreTwo IG executives lift their stakes
23rd Oct 2012 16:02
Two member of IG Group's executive board exercised options to purchase shares in the company this week, as part of the firm's long-term incentive plan (LTIP) award employee share scheme. IG, which is a provider of financial spread-betting and CFDs, said that Chief Executive Officer Tim Howkins and
Read moreIG Group's COO more than halves stake
24th Sep 2012 16:35
Peter Hetherington, the Chief Operating Officer of spread betting firm IG Group has more than halved his stake in the company just a fortnight after it reported a decline in first quarter revenue, as it ran up against strong figures from a year earlier, when markets were particularly volatile. Het
Read moreLondon close: Footsie shrugs off Burberry fall to finish flat
11th Sep 2012 16:34
- Burberry sinks 21 per cent after profit warning - Markets flat ahead of 'event-risks' - Moody's says US rating at risk Following a morning slump, the FTSE 100 rallied in afternoon trade to finish broadly flat on Tuesday as a strong showing by banks managed to offset a heavy fall from Burberry. T
Read moreFTSE 250 movers: IG Group rises after meeting expectations
11th Sep 2012 15:45
Spread betting firm IG Group rose strongly after first-quarter revenues came in line with expectations, though they were still 18% down year-on-year due to a tough comparative. Oxford Instruments, the high-tech tools and systems provider, was lower after it reported order intake from its research
Read moreLondon midday: New MPC appointee open to more QE?
11th Sep 2012 11:59
- Markets await German ruling on ESM, FOMC meeting - Burberry sinks after full-year guidance - Miners provide a drag London's FTSE 100 index was at its lowest levels of the day by Tuesday lunchtime as Burberry and the miners suffered from a steep sell-off; meanwhile, investors continued to show
Read moreTuesday broker round-up
11th Sep 2012 09:29
3i Group: Oriel Securities downgrades to hold. AB Foods: HB Markets upgrades to buy. ARM Holdings: UBS raises target from 645p to 750p, buy rating kept. ASOS: Investec upgrades from hold to buy, 2,450p target kept. Bunzl: Goldman Sachs downgrades to sell, target cut from 978p to 965p. Burberry:
Read moreLondon open: Footsie lower as Burberry plummets
11th Sep 2012 08:42
- Markets await German ruling on ESM, FOMC meeting - Burberry sinks after full-year guidance - Miners provide a drag The FTSE 100 opened slightly lower on Tuesday morning as markets gear up for some big 'risk events' later this week; falls in the heavyweight mining sector and a sharp drop from Burb
Read moreNo repeat of record August for IG Group
11th Sep 2012 07:21
Spread betting firm IG Group saw a fall-off in revenue in the third quarter of 2012 as it ran up against strong figures from a year earlier, when markets were particularly volatile. Revenue in the three months to the end of August - the first quarter of the group's financial year - was in line with
Read moreThursday broker round-up - UPDATE
6th Sep 2012 09:00
Abcam: Canaccord Genuity keeps hold rating and 370p target. AG Barr: Societe Generale upgrades ot hold, target lifted from 370p to 440p. ASOS: Nomura ups target from 1,660p to 1,700p, neutral rating kept. Barclays: Credit Suisse downgrades to neutral, target cut from 215p to 200p. BG Group: Gold
Read moreBurberry CFO makes multiple transactions
19th Jul 2012 16:31
Stacey Cartwright, the Executive Vice President and Chief Financial Officer of high-end fashion label Burberry, has sold 122,500 of the 132,500 shares she received which vested on Thursday. Cartwright, who joined the firm as CFO in 2004, sold the shares at 1,211.99p each, earning her a total of £1
Read moreWednesday tips round up: Shell, IG Group, ITE
18th Jul 2012 07:07
In the Telegraph, Questor is still a fan of Shell. The column believes management have held their nerve by walking away from a bid for Cove Energy which has attractive natural gas assets in East Africa - the next frontier for gas producers. Questor suspects the company has a "plan B" to gain acces
Read moreIG Group beats profits forecast
17th Jul 2012 07:23
Spreadbetting firm IG Group has beaten market expectations on profits and dividend as its UK and Australian businesses drive growth. Net trading revenue for the 12 months to the end of May was £366.8m, up 17.3% on the prior year but exactly the same as the consensus forecast. IG has, however, manag
Read moreFriday tips round-up: IG Group, H and T, Heritage Oil
22nd Jun 2012 06:53
Questor in the Telegraph says the spreadbetting firm IG Group has done well to recruit high quality 'high roller' clients in the UK but the number of active clients (e.g. people making bets) has fallen one per cent in its home market. Australia has also seen the number of active clients drop. Yieldi
Read moreMonday broker round-up - UPDATE
18th Jun 2012 08:20
Anglo American: UBS cuts target from 3,260p to 3,100p, buy recommendation maintained. Barclays: AlphaValue downgrades from buy to add, target kept at 230.2p; Nomura keeps neutral rating and 268p target. British American Tobacco: Citigroup retains buy rating. Essar Energy: Citigroup initiates cove
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