London midday: Tullow drops as Footsie edges higher
4th Dec 2012 11:38
UK stocks were making small gains by Tuesday lunchtime on the back of developments in the Eurozone, though the mood was cautious as budget uncertainty in the US continues to weigh on sentiment. The Ecofin is meeting today to agree to proposals on bank supervision and take stock of negotiations with
Read moreLondon open: Stocks flat on US budget uncertainty
4th Dec 2012 08:32
UK stock markets opened tentatively on Tuesday morning with concerns over the US economy back in the spotlight following yesterday's disappointing manufacturing data and increasing worries about the 'fiscal cliff'. The FTSE 100 finished broadly flat yesterday after the US Institute for Supply Manag
Read moreTuesday broker round-up UPDATE
4th Dec 2012 07:35
Anite: Panmure Gordon moves target price from 163p to 165p; buy recommendation kept. Canaccord Genuity raises target price from 143p to 169p and maintains a buy recommendation. Ashtead: Seymour Pierce raises target price from 400p to 460p and reiterates its buy recommendation. Barclays: Credit Sui
Read moreITE Group sees revenue rise 11 per cent - UPDATE
4th Dec 2012 07:03
Revenue rose 11 per cent to 172m pounds year-on-year at conference and exhibition organiser ITE Group, according to the company's preliminary results which were published this morning. Headline profits edged up 3% to £53m while the company announced that £95m of revenue had been booked for 2013.
Read moreFriday broker round-up
9th Nov 2012 09:50
Balfour Beatty: Credit Suisse downgrades to neutral, target cut from 361p to 275p; Citi downgrades to neutral, target cut from 372p to 270p. Big Yellow: Citi downgrades to neutral, target lifted from 330p to 360p. Dairy Crest: JPMorgan Cazenove initiates coverage with overweight rating and 404p ta
Read moreFTSE 250 movers: SuperGroup up on sales increase
1st Oct 2012 16:04
SuperGroup continues to extend gains after its impressive results announced last month, in which it reported a 10 per cent increase in total sales in the first quarter. Including today's near 9 per cent rise, shares have gained 35 per cent in the past month. AIM-listed online betting firm Sporting
Read moreITE Group still going strong
1st Oct 2012 07:09
ITE Group, the exhibitions group specialising in emerging and developing markets, said fourth quarter trading has continued to reflect positive trading conditions as it issued a confident outlook for this year and beyond. In its company update for the year ending 30 September 2012 the group enjoyed
Read moreWednesday tips round up: Shell, IG Group, ITE
18th Jul 2012 07:07
In the Telegraph, Questor is still a fan of Shell. The column believes management have held their nerve by walking away from a bid for Cove Energy which has attractive natural gas assets in East Africa - the next frontier for gas producers. Questor suspects the company has a "plan B" to gain acces
Read moreBooked sales ahead of last year at ITE
17th Jul 2012 07:46
Like-for-like revenues eased a little in the April to June quarter from a year earlier at ITE Group, but the exhibitions and conferences organiser said that was in line with expectations. On a like-for-like basis revenues for the group's fiscal third quarter were some 3% lower than the previous yea
Read moreTracsis tech officer ditches shares
6th Jun 2012 15:54
Raymond Kwan, the Chief Technical Officer of Tracsis ditched 750,000 shares on the same day the firm announced that it considers it likely that the company will exceed current market expectations for the year ended July 31st 2012. Tracsis is a developer, supplier and aggregator of resource optimis
Read moreMonday broker round-up
21st May 2012 09:23
Aegis: Macquarie downgrades from neutral to underperform. British Land: Investec keeps buy rating and 540p target. BTG: Jefferies reiterates buy rating and 410p target. Informa: Investec maintains buy recommendation and 495p target. ITE Group: Investec keeps buy rating and 260p target. Kingfish
Read moreLondon open: Footsie rebounds from six-month low
21st May 2012 08:40
- G8 summit fails to lift sentiment as euro worries persist - Chinese stimulus speculation does the rounds - Man Group surges early on Despite an underwhelming G8 summit at the weekend, London's blue chip index opening slightly higher on Monday morning after slumping to its lowest levels since mid-
Read moreITE exhibits strong first half
21st May 2012 07:29
Exhibitions and conferences firm ITE Group saw revenue and profits grow significantly in the first half, boosted by a number of new acquisitions. Revenue for the six months to the end of March increased by 29% to £68.6m, with like-for-like growth of 9% over the period. Pre-tax profits leapt £6.3m
Read moreITE acquires another exhibition firm
12th Apr 2012 07:31
Emerging markets exhibitions group ITE has revealed that its wholly-owned subsidiary ITE International Holdings has acquired smaller peer Beautex from a firm in Cyprus. Beautex runs two exhibitions each year, Intercharm and Beautyexpo, two trade exhibitions for the professional beauty, cosmetic, a
Read moreWednesday broker round-up - UPDATE
4th Apr 2012 08:16
BSkyB: Jefferies maintains hold recommendation and 700p target. BTG: Jefferies raises target from 345p to 410p, buy recommendation kept. Diageo: Nomura reiterates neutral rating and 1,520p target. International Power: Investec maintains buy recommendation. ITE Group: Investec keeps buy rating.
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