FTSE 250 movers: Xaar extends losses after broker comment
18th Jun 2014 14:43
Xaar shares continued to fall following yesterday's profit warning, after UBS reduced its target price from 950p to 550p and Investec reduced target price from 960p to 560p, downgrading from 'buy' to 'hold'. N Brown fell after the home-shopping business reported sales below market hopes, prompting
Read moreLondon midday: Oil stocks lead markets higher ahead of FOMC
18th Jun 2014 11:48
- FOMC meeting to keep traders cautious - Iraq tensions escalate as rebels attack refinery - BoE in focus amid rate-hike speculation techMARK 2,800.97 +0.23% FTSE 100 6,795.76 +0.43% FTSE 250 15,610.03 +0.16% UK equities rose on Wednesday ahead of a policy decision at the Federal Open Market Commi
Read moreLondon open: UK stocks rise as investors await BoE minutes, Fed
18th Jun 2014 08:29
- Supermarkets, telecoms lift markets higher - Fed in focus ahead of policy decision - BoE minutes closely watch amid rate-hike speculation techMARK 2,801.10 +0.23% FTSE 100 6,787.81 +0.31% FTSE 250 15,598.89 +0.09% UK stocks markets were putting a decent performance on Wednesday, helped by gains
Read moreThursday broker round-up UPDATE
22nd May 2014 08:34
ASOS: Goldman Sachs reduces target price from 7300p to 6250p, while upgrading to buy. BTG: N+1 Singer shaves target price from 488p to 486p retaining a sell recommendation. EKF Diagnostics: FinnCap initiates with a target price of 38p and a buy recommendation. Exova Group: Credit Suisse starts wi
Read moreThursday tips round-up: Hill&Smith, 3i
15th May 2014 09:55
Steel manufacturing group Hill&Smith will take a hit from the strength in the pound, management told investors on Wednesday. As well, its utilities division, which makes specialised pipes for water infrastructure projects, experienced project delays. Indeed, the company's fortunes are closely linked
Read moreFTSE 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 more3i ups dividend after cost cutting lifts profits
14th May 2014 12:18
- NAV up 4.9 per cent MoM - 5m pound cash profit - Final dividend of 13.3p per share Private equity group 3i Group 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 real
Read moreLondon midday: ITV drops as UK stocks retreat from 14-year high
14th May 2014 11:50
- ITV leads fallers after underwhelming Q1 - Markets pull back from highest level since 1999 - BoE strikes dovish tone in Inflation Report - Compass, Mondi rise strongly after updates techMARK 2,797.20 -0.25% FTSE 100 6,862.96 -0.15% FTSE 250 16,008.81 -0.19% UK stocks were in negative territory o
Read more3i Infrastructure posts drop in Q1 total return
9th May 2014 08:11
Shares in 3i Infrastructure dropped on Friday morning after it reported a year-on-year decline its first quarter total return. The closed-ended investment company reported a total return of £71.0m, compared to £89.1m in 2013, while the total return on opening net asset value (NAV) fell to 6.6% fro
Read moreFTSE 250 movers: SuperGroup slides on slowdown in Q4 growth
8th May 2014 16:01
Fashion retailer SuperGroup saw its shares plummet today after reporting a steep slowdown in sales growth in the fourth quarter and saying full-year profits would be at the lower end of expectations. The company, famous for the Superdry brand, said group revenues increased by just 12.4% in the thre
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
Read moreTuesday broker round-up UPDATE
6th May 2014 08:44
Antofagasta: RBC Capital upgrades to buy with a target price of 900p. Barclays: Numis downgrades from add to hold with a target price of 280p. BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation. Britvic: Numis raises target price to 684p and keeps
Read moreSABMiller director ups stake after recent share-price weakness
7th Feb 2014 15:49
Miles Morland, a long-standing director at drinks giant SABMiller, invested over a quarter of a million pounds in the firm on Friday, choosing to raise his stake after the stock hit a 15-month low earlier in the week. Morland, who joined the board in 1999, acquired 10,000 shares at a price of 2,728
Read more3i Infrastructure says European portfolio performing well
24th Jan 2014 07:10
- Portfolio income at 32.7m pounds in Q3 - Year-to-date portfolio income at 63.6m pounds Infrastructure investment group 3i Infrastructure said that its European portfolio continued to perform well operationally and financially in the third quarter and is generating good levels of income. The Jers
Read moreLondon open: Markets flat on budget deal, taper speculation
11th Dec 2013 08:28
- US negotiators reach budget deal - Taper speculation ramps up ahead of Fed meeting - Imagination disappoints with poor H2 outlook - RBS Finance Director Bostock steps down techMARK 2,678.82 +0.23% FTSE 100 6,524.52 +0.02% FTSE 250 15,401.84 -0.06% Markets opened broadly flat on Wednesday in the
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