25th Mar 2015 13:55
Shares in UK construction firm Balfour Beatty rose as it pledged to implement cost saving measures after reporting deep losses last year which forced it to suspend its dividend. Housebuilder Bellway surged as profits jumped to a record high in the first six months of its financial year, prompting th
Read more24th Mar 2015 14:42
Legal&General: Canaccord Genuity reiterates hold and raises target to 290p from 240p. Standard Chartered: JP Morgan Cazenove reiterates overweight and lifts target to 1,250p from 1,050p. Vesuvius: Credit Suisse reiterates underperform and hikes target 460p from 405p. Marks&Spencer: Investec reit
Read more24th Mar 2015 14:15
Shares in International Personal Finance shot up after Berenberg Bank upgraded its rating on the stock to 'buy' from 'hold'. "While FX and regulatory fears are weighing on the shares, IPF is exposed to significant long-term growth opportunities," said Berenberg. Hospital group Spire Healthcare saw i
Read more24th Mar 2015 10:51
Shares in International Personal Finance shot up 5.9% to 494p after Berenberg Bank promoted its rating on the stock to 'buy' from 'hold'. The bank said IPF shares have struggled over the last year, underperforming the Stoxx Financial Services index and the FTSE 250 by around 45% and 18%, respectivel
Read more25th Feb 2015 08:56
Home credit business provider International Personal Finance posted a 4.6% increase in full year pre-tax profit, driven by strong growth in Poland and Lithuania. The group, which provides small personal loans to over 2.5m borrowers in Eastern Europe and Mexico, said its pre-tax profit before excepti
Read more18th Nov 2014 08:07
International Personal Finance (IPF) has made a formal cash offer to take over AIM-listed MCB Finance Group to strengthen its digital lending capabilities. IPF said the proposed acquisition would enable it to use MCB's "rich experience" to "accelerate the development of IPF's digital lending busine
Read more27th Oct 2014 10:05
Aquarius Platinum: Deutsche Bank shifts target price from 28p to 30p and maintains a buy recommendation. Dechra Pharmaceuticals: FinnCap ups target price from 800p to 840p and reiterates a buy recommendation. easyJet: Morgan Stanley moves target price from 1650p to 1665p leaving its overweight rati
Read more23rd Oct 2014 08:33
Abcam: FinnCap moves target price from 390p to 400p keeping a hold recommendation. Anglo American: Investec places its target price (prev.: 1603p) under review keeping its buy recommendation. Arbuthnot: Numis raises target price from 1150p to 1300p upgrading from hold to add. British American Taba
Read more22nd Oct 2014 15:38
Figures out from AA Insurance lifted shares in car insurers on Wednesday, prompting Esure to motor ahead to the top of the second tier leaderboard. The AA said that comprehensive rates had risen 2.8% in the third quarter, with third party rates climbing 6.6% - the first quarterly increase in two yea
Read more22nd Oct 2014 13:19
Hargreaves Lansdown says the City may take a more charitable view of Glaxosmithkline shares after the drug group announced higher third-quarter earnings per share and a streamlining of its business. The broker said analysts may need to "positively re-evaluate" the market consensus on the shares as a
Read more22nd Oct 2014 11:42
UK stocks were broadly flat on Wednesday morning after jumping to a one-week high the previous session, as investors reacted to ongoing central-bank speculation and digested mixed corporate earnings. The FTSE 100 was down 0.05% at 6,369 by midday, with results from the likes of British American Toba
Read more22nd Oct 2014 11:05
The recent drop in the share price of International Personal Finance (IPF) means that the stock is now worth a 'buy', with Panmure Gordon removing its 'sell' recommendation. The upgrade came as the home-credit firm reported third-quarter trading in line with expectations on Wednesday. IPF, which ha
Read more22nd Oct 2014 09:54
Amino Technologies: N+1 Singer moves target price from 93p to 107p upgrading to buy. Anglo American: Liberum Capital reduces target price from 1300p to 1200p retaining its sell recommendation. ARM Holdings: UBS moves target price from 970p to 980p upgrading from neutral to buy. Deutsche Bank cuts t
Read more22nd Oct 2014 08:50
UK stocks opened with small losses on Wednesday as investors paused for breath following a surge the previous session. The FTSE 100 was trading 0.2% lower at 6,360 in early deals. London's benchmark index jumped 1.7% to a one-week closing high of 6,372 on Tuesday on reports that the European Centra
Read more22nd Oct 2014 08:08
Home-credit business International Personal Finance (IPF) saw a slowdown in profit growth in the third quarter as a result of higher spending and currency movements, but stronger underlying growth matched analysts' expectations. IPF, which has customers across Eastern Europe and also Mexico, said re
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