6th Oct 2014 14:40
IMI has announced the successful sale of two of its group companies for a total consideration of £42m. Ammunition vendor Eley and captive bolt equipment seller Accles and Shelvoke have both been handed over to a management team supported by private equity firm LDC and led by Managing Director Andrew
Read more25th Sep 2014 08:48
Amec: UBS raises target price from 1100p to 1215p upgrading from neutral to buy. Aquarius Platinum: Citi lowers target price from 26p to 22p maintaining a neutral rating. Arrow Global: Panmure Gordon ups target price from 335p to 360p and keeps a buy recommendation. Barr (AG): Numis ups target pri
Read more23rd Sep 2014 08:11
Engineering group IMI on Tuesday announced a new finance chief to replace Douglas Hurt, who is retiring. IMI, which makes fluid control technology for a range of industrial uses, said 47-year-old Daniel Shook would take over from finance director Hurt early in 2015 after joining the board on 1 Janua
Read more2nd Sep 2014 13:20
Credit Suisse has downgraded its rating for engineering group IMI to 'neutral' whilst upgrading sector peer Weir to 'outperform', saying that the latter offers "a better relative risk return profile" in the near term. The bank trimmed its target price for IMI's shares from 1,640p to 1,500p but has
Read more2nd Sep 2014 12:00
- UK construction PMI unexpectedly rises - Stimulus hopes high ahead of Thusday's ECB meeting - Weir lifted by Credit Suisse upgrade - Mining, supermarket stocks provide a lift techMARK 2,855.10 -0.12% FTSE 100 6,835.10 +0.14% FTSE 250 15,970.91 +0.09% UK stock rose for the third straight session
Read more2nd Sep 2014 09:08
- UK construction, US manufacturing data ahead - Weir upgraded by Credit Suisse - Mining stocks rise strongly techMARK 2,857.76 -0.03% FTSE 100 6,842.96 +0.26% FTSE 250 15,965.65 +0.05% UK stocks were closing in a two-month high on Tuesday morning, rising for the third straight day, as investors t
Read more13th Aug 2014 14:49
Car insurance group Admiral was a heavy faller on Wednesday after the group said turnover in the first half was down 5% at £1.04bn as a 9% rise in customers was outweighed by a fall in premiums over last year. The company said that while UK premiums are no longer falling a return to growth remains e
Read more13th Aug 2014 12:08
- BoE strikes dovish tone as wages fall - Ukraine crisis, Asian data in focus - Ex-dividend stocks limit upside - Banking stocks lead upside techMARK 2,736.01 +0.28% FTSE 100 6,661.68 +0.44% FTSE 250 15,528.53 +0.41% An overall dovish tone to the Bank of England's (BoE) Inflation Report gave UK st
Read more13th Aug 2014 09:04
- Inflation Report, rate speculation keeps markets cautious - Ukraine crisis in focus as Russian convoy heads to border - Chinese data disappoints, Japanese GDP sinks - Ex-dividend stocks fall techMARK 2,725.51 -0.10% FTSE 100 6,630.77 -0.02% FTSE 250 15,403.28 -0.40% Weak economic data from Asia,
Read more5th Aug 2014 11:02
Acal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
Read more1st Aug 2014 17:01
- FTSE ended 50.93 points lower at 6,679.18 - UK, Eurozone PMI comes in weak - US jobs increase by 209,000 techMARK 2,751.56 -0.48% FTSE 100 6,679.18 -0.76% FTSE 250 15,402.70 -0.60% The FTSE ended significantly lower as weak Eurozone and UK manufacturing data, US jobs figures and broker downgrade
Read more1st Aug 2014 10:33
AstraZeneca: Deutsche Bank ups target price from 3950p to 4000p staying with its hold recommendation. Avacta: Numis places both its target price and its buy recommendation under review. Barclays: Berenberg upgrades from sell to hold with a target price of 220p. Bodycote: UBS shifts target price f
Read more1st Aug 2014 09:15
- Miners, RBS drag markets lower - US labour-market data in focus - UK stocks follow sell-off on Wall Street techMARK 2,747.58 -0.63% FTSE 100 6,688.51 -0.62% FTSE 250 15,393.35 -0.66% Falling share prices in the mining sector and a cool reaction to quarterly results from Royal Bank of Scotland en
Read more1st Aug 2014 08:30
First half profits at engineering group IMI were hit by the impact of the strength of sterling on revenue, as anticipated. Turnover fell 3% from £831m to £809m year-on-year, saying foreign exchange movements reduced revenue by £45m. Organic revenue was 3% higher. The operating margin declined by 6
Read more24th Jul 2014 08:59
Afren: JP Morgan shifts target price from 180p to 188p upgrading from underweight to overweight. Anglo American: Jefferies raises target price from 1550p to 1700p and reiterates a hold recommendation. Antofagasta: Jefferies increases target price from 825p to 1000p upgrading from hold to buy. ARM
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