Wednesday broker round-up UPDATE
27th Nov 2013 09:14
Aviva: Nomura moves target price from 474p to 489p retaining a buy recommendation. Bellway: Numis upgrades to buy with a target price of 1690p. Breedon Aggregates: Jefferies starts with a target price of 42p and a buy recommendation. Britvic: UBS ups target price from 575p to 600p and keeps a neu
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
13th Nov 2013 12:33
AMEC: Credit Suisse downgrades from outperform to neutral with a target price of 1250p. Antofagasta: Alphavalue lowers target price from 1000.6p to 999.5p, while upgrading from add to buy. Associated British Foods: Credit Suisse raises target price from 1850p to 2250p and keeps a neutral rating.
Read moreMonday broker round-up UPDATE
4th Nov 2013 08:07
Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold. Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p. APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling. Astra Zeneca: UBS reduce
Read moreSector movers: ARM pulls tech stocks lower after Q3 results
22nd Oct 2013 16:02
Tech stocks were in the red on Tuesday after quarterly results from chip designer ARM Holdings failed to impress investors. The FTSE 100-listed company signed a record 48 licences with 24 companies in the third quarter, 11 of whom were new customers, but the share price was fluctuating between gain
Read moreFTSE 250 movers: Pace continues impressive rise
16th Oct 2013 15:51
Satellite and cable technology firm Pace continued to rise strongly for the third straight day after Bloomberg reported that Netflix is in talks to add TV subscription-streaming services to set-top boxes of US cable-TV operators. Meanwhile, as on the top-tier FTSE 100, the fallers were led by minin
Read moreIntel Q3 impresses but Q4 looks set to disappoint
16th Oct 2013 09:18
- Q3 revenue beats expectations - Preparations for Broadwell chip running three months behind schedule - Mid-point 2013 capex target reduced to 10.8bn dollars from 11bn dollars US-listed chipmaker Intel Corp. delivered slightly better-than-expected third quarter results on Tuesday, but failed to
Read moreFTSE 250 movers: Imagination Technologies boosted by new chip plans
15th Oct 2013 15:12
Imagination Technologies was topping the leaderboard on Tuesday. The previous day the group announced details of a new chip, based on its version of the MIPS Series 5 architecture. The news has impressed investors because the technology is able to challenge competitors such as ARM. Satellite and c
Read moreLondon close: Footsie continues orderly retreat
9th Oct 2013 16:10
The ongoing debt-ceiling debate saw the Footsie slip moderately lower on Wednesday, with the nomination of arch-dove Janet Yellen to the Chair of the US Federal Reserve doing little to assuage market worries. London's benchmark FTSE 100 index ended Wednesday's session at 6,337.91, a level not seen
Read moreFTSE 250 movers: N Brown declines on flat earnings per share
9th Oct 2013 15:37
Online and catalogue retailer N Brown fell after reporting an 8.0 per cent rise in revenue and 5.9 per cent increase in operating profits in the first half. Adjusted earnings per share, however, were broadly flat, up just 0.6 per cent at 12.55p. Meanwhile, house builders Barratt Developments and B
Read moreSector movers: Bullish Goldman note boosts house builders
9th Oct 2013 14:47
An aggressively bullish note from analysts at Goldman Sachs put a rocket up housebuilding and estate agency stocks on Wednesday. The influential broker said valuations for residential construction companies were too conservative, with the government's Help to Buy scheme helping lift British house
Read moreFTSE 250 movers: First Group rises on Great Western franchise extension
3rd Oct 2013 15:35
First Group announced on Thursday that its First Great Western franchise has been extended by 23 months, with the government promising users of the line an improved service. Mitchells & Butlers has risen despite analysts at AlphaValue today reiterating a 'sell' rating on the stock. Imagination T
Read moreLondon close: Stocks sink into the red ahead of FOMC outcome
18th Sep 2013 16:23
After a range-bound morning session, markets sunk into the red on Wednesday afternoon as investors reduced their appetite for risk ahead of the Federal Reserve policy decision later this evening. The FTSE 100 closed 11.35 points lower at 6,558.82, the index's second day in negative territory after
Read moreFTSE 250 movers: Imagination Technologies rises on confident outlook
18th Sep 2013 15:35
Imagination Technologies continued to rise one day after reporting a confident outlook on the basis of royalty growth and steady licensing. Ocado shares continued their recent rise, which analysts at the Motley Fool website attributed to "good momentum" after recent struggles and its deal with sup
Read moreImagination Tech confident of full year outcome
17th Sep 2013 07:30
Chip designer Imagination Technologies said strong royalty growth in the last quarter, steady licensing and momentum elsewhere in the business gave it confidence for its full year performance. The group, which designs the graphics chips for the iPhone and iPad, said the momentum in the business had
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