ITV acquires Shaun of the Dead producer Big Talk
26th Jul 2013 09:22
Broadcaster ITV has acquired television and film producer Big Talk Productions outright for an initial cash sum 'in the region of' £12.5m. ITV, which has been looking to strengthen its production capabilities and follow up on the success of Downton Abbey, said it will pay an initial cash considerat
Read moreThursday broker round-up UPDATE
11th Jul 2013 08:23
Afren: JP Morgan reduces target price from 195p to 165p and downgrades to underweight. Associated British Foods: Panmure Gordon increases target price from 1800p to 2100p upgrading from hold to buy. AVEVA Group: JP Morgan ups target price from 2300p to 2430p and retains a neutral rating. Aviva: M
Read moreWednesday broker round-up UPDATE
10th Jul 2013 08:59
Anglo American: Goldman Sachs reduces target price from 1400p to 1100p and retains a sell recommendation. Antofagasta: Goldman Sachs takes target price from 935p to 810p reiterating its neutral rating. Babcock: JP Morgan increases target price from 1230p to 1380p and retains an overweight rating.
Read moreSunday newspaper round-up: Lloyds, Bumi, Gulf Keystone
7th Jul 2013 22:40
Singapore´s giant sovereign wealth fund has made a preliminary approach to the government about buying a 4.5bn pound stake in Lloyds Banking Group. Temasek, one of the biggest investors in the financial services sector, is believed to be willing to buy about 10 per cent of the bank's shares. An init
Read moreLondon close: Rally continues as FTSE 100 jumps
27th Jun 2013 16:44
Strong US economic data and some reassuring comments by a member of the Federal Reserve gave markets a big boost on Thursday, helping the FTSE 100 to extend gains into the third day. After hitting a fresh five-month low of 6,029 on Monday, the FTSE 100 has risen strongly over the past three session
Read moreThursday broker round-up UPDATE
20th Jun 2013 08:43
Ashtead Group: Jefferies takes target price from 690p to 750p and leaves its buy recommendation unchanged. ASOS: Deutsche Bank increases target price from 3300p to 3800p and reiterates a hold recommendation. Atkins: Liberum Capital takes target price from 1020p to 1100p and maintains a buy recomme
Read moreFTSE 100 movers: BAE Systems, ITV, Sainsbury, Polymetal
19th Jun 2013 14:26
BAE Systems climbed the FTSE 100 ladder following reports that long-awaited orders from Gulf states for Eurofighter Typhoon jets may arrive this year. ITV advanced after the TV broadcaster announced it was acquiring a controlling stake in Thinkfactory Media, a US producer of reality, entertainment
Read moreITV acquires Los-Angeles-based Thinkfactory Media
19th Jun 2013 08:18
FTSE 100-listed TV broadcaster ITV is acquiring a controlling stake in Thinkfactory Media, a US producer of reality, entertainment and drama shows. ITV will pay an upfront cash consideration of $30m for a 65% stake in Thinkfactory Media, with a put and call option to buy the remaining 35% of the c
Read moreLondon close: Stocks finish lower after choppy session
10th Jun 2013 16:57
Monday saw another choppy session on financial markets in the midst of mixed economic data from Asia, though stocks finished firmly off their lows after S&P raised its outlook for the US. Wall Street benchmark opened in positive territory after the opening bell as ratings agency S&P upped its view
Read moreFTSE 100 movers: Severn Trent sinks as takeover is put on the line
10th Jun 2013 14:16
Water group Severn Trent was a heavy faller on the FTSE 100 on Monday after rejecting the latest takeover proposal from international consortium LongRiver Partners at 2,200p per share. A spokesman from the consortium responded by saying that it would not make a further proposal for Severn Trent if t
Read moreLondon midday: Losses pared as traders digest Asian data
10th Jun 2013 11:38
Sharp falls across the mining sector pushed the FTSE 100 into negative territory on Monday morning as economic figures from China disappointed, though markets rebounded slightly as growth in Japan was revised higher. A slowdown in Chinese inflation, bank lending, money supply growth and industrial
Read moreMonday broker round-up UPDATE
10th Jun 2013 07:34
ASOS: HSBC Holdings increases target price from 3660p to 4380p and keeps an overweight rating. Bellway: Deutsche Bank raises target price from 1482p to 1503p and reiterates a hold recommendation. Betfair Group: Citi ups target price from 880p to 950p, upgrading from neutral to buy. Capco: UBS inc
Read moreFriday broker round-up UPDATE
7th Jun 2013 06:51
Aberdeeen Asset Management: Bank of America cuts target price from 475p to 410p downgrading to underperform. Anglo American: Nomura lowers target price from 1700p to 1650p and stays with its neutral rating. ARM Holdings: UBS moves target price from 950p to 970p, while its neutral rating remains un
Read moreFTSE 100 movers: easyJet rises after narrowing losses
15th May 2013 14:49
easyJet narrowed its half-year losses as the low-cost airline took initiatives to boost revenues and cut costs. Loss before tax for the six months to March 31st 2013 came to £61m, a 45.5% drop from the prior year's loss of £112m. The LSE also made strong gains after posting a seven per cent rise
Read moreLondon midday: Stocks edge higher on improved outlook from BoE
15th May 2013 11:19
An improved outlook from the Bank of England (BoE) lifted UK markets into the blue by Wednesday lunchtime as investors shrugged off disappointing growth figures from the Eurozone and rising unemployment at home. The FTSE 100 was extending its recent winning streak to its 10th day after finishing Tu
Read more