FTSE 100 movers: Morrisons leads rally, Hargreaves' double hit
15th Sep 2016 14:08
(ShareCast News) - Boosted by encouraging retail data and a serene Bank of England, the FTSE 100 turned higher by Thursday afternoon, with Morrisons topping the index. Interim results from the Yorkshire-based supermarket group strongly beat the market's estimates, with first half like-for-like sales
Read moreInforma to buy US rival Penton for £1.2bn
15th Sep 2016 07:10
(ShareCast News) - Informa, the business intelligence, events and academic publishing company, has agreed to buy US-based peer Penton Information Services for £1.2bn. The proposed acquisition, part of the company's growth acceleration plan, will be funded by a fully-underwritten £715m rights issue a
Read moreTuesday broker round-up
9th Aug 2016 12:42
(ShareCast News) - Aviva: Goldman Sachs reiterates buy with a target price of 480p. Antofagasta: RBC maintains sector perform with a 500p target. Informa: Numis reiterates buy with a 845p target. Astrazeneca: JP Morgan stays at neutral with a 4900p target. Topps Tiles: Berenberg reiterates hold w
Read moreInforma improves revenue and earnings, cash flow slows
28th Jul 2016 07:54
(ShareCast News) - Publishing and events company Informa posted its interim results for the six months to 30 June on Thursday, describing "accelerating organic revenue growth" of 2.5%, against 0.2% in in the first half of 2015 and 1.0% in the 2015 fiscal year. The FTSE 100 firm reported revenue 4.7%
Read moreInforma on track to meet full-year expectations
19th May 2016 07:08
(ShareCast News) - Business intelligence, exhibitions, events and academic publishing group Informa confirmed its full-year expectations on Thursday morning, as investors mustered for the company's annual general meeting in London. The FTSE 100 firm said it remained confident of meeting full-year ex
Read moreTuesday broker round-up
3rd May 2016 15:50
(ShareCast News) - Tullow Oil: Goldman Sachs upgrades to buy with a 274,30p target. RSA Insurance: Barclays upgrades to overweight with a 545p target. RBS: UBS reiterates neutral with a target price of 250p Barclays reiterates equal-weight with a target of 270p and Goldman Sachs stays at buy with 3
Read moreBarclays upgrades Informa, sees good entry point
27th Apr 2016 09:21
(ShareCast News) - Barclays upgraded Informa to 'overweight' from 'equalweight' and lifted the price target to 750p from 630p, saying the recent underperformance provides a good entry point. Informa shares have underperformed the FTSE 100 by 8% since the start of this month, but outperformed by 6% s
Read moreWednesday broker round-up
6th Apr 2016 14:37
(ShareCast News) - Electrocomponents: Credit Suisse upgrades to neutral with a target price of 250p. Telecom Plus: Berenberg Bank downgrades to hold, 250p target. Informa: Berenberg Bank maintains hold with a target price of 725p. ITV: Credit Suisse reiterates outperform with a target price of 310
Read moreFriday broker round-up
12th Feb 2016 15:24
(ShareCast News) - Cambian Group: Berenberg downgrades to hold with a target of 60p. Shaftesbury: Credit Suisse upgrades to outperform with a target price of 945p. Acacia Mining: UBS and Deutsche Bank reiterate buy with a target of 275p and 280p respectively. Ashmore: Citigroup stays at buy with a
Read moreFriday newspaper share tips: Confidence over Informa's future earning
12th Feb 2016 11:04
(ShareCast News) - The Times' Tempus is confident about Informa's future and the ability to raise earnings again, though acknowledged some investors might be tempted to take profits. The business intelligence, exhibitions, events and academic publishing group celebrated its 2015 results on Thursday,
Read moreFTSE 250 movers: Tate & Lyle, Henderson Group fall after results
11th Feb 2016 15:34
(ShareCast News) - The FTSE 250 plunged on Thursday, down 289.81 points (1.87%) to 15,222.73 by mid-afternoon. Al Noor was technically the biggest faller, after it went ex-dividend with a special dividend of 328p per share. However, the company's share price had risen 2p when taking the dividend in
Read moreInforma reiterates full-year guidance as business information improves
20th Oct 2015 08:17
(ShareCast News) - Informa reported revenue growth of 6.9% in the nine months to the end of September thanks to the publishing, data and events group's "consistent performance", allowing management to reiterate full-year expectations. The FTSE 250 company said it achieved organic growth of about 2%
Read moreFriday broker round-up
9th Oct 2015 16:28
(ShareCast News) - Ferrexpo: UBS upgrades to neutral, cuts target price to 36.00p. Carillion: Investec Securities downgrades to hold. Target price: 300.00p. Weir Group: RBC Capital Markets downgrades to underperform, bumps down target price to 50.00p. United Utilities Group: Credit Suisse upgrades
Read moreThursday broker round-up
8th Oct 2015 17:33
(ShareCast News) - Tullow Oil: JP Morgan Cazenove upgrades to overweight, cuts target price to 310.00p. Soco International: UBS downgrades to sell, keeps target price at 150.00p. Synthomer: Berenberg Bank starts new coverage with a buy, sets target price at 400.00p. Weir Group: Investec Securities
Read moreInforma appoints new committee member
1st Oct 2015 10:06
(ShareCast News) - Publishing and events group Informa has appointed David Flaschen as a member of its internal audit committee. In a short statement released on Thursday, the FTSE 250 group said Flaschen's appointment will be effective from 1 October. Informa shares were up 1.51% to 570.00p at 101
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