Johnson Matthey first half profits down 36%
17th Nov 2016 07:03
(ShareCast News) - Pre-tax first half profits at specialist chemicals company Johnson Matthey fell 36% to £210m on revenues of £5.6bn, down 2%. Underlying pre-tax profits rose rose 5% to £219.6m. The interim dividend was lifted 5% to 20.5p. Chief executive Robert MacLeod said the company had a "sol
Read moreFTSE 100 movers: Burberry in fashion after London catwalk show
20th Sep 2016 12:46
(ShareCast News) - London's blue chip shares were in style on Tuesday, as reports from London Fashion Week proved a welcome diversion for investors who were bracing themselves for central bank announcements later in the week. Plenty of positive commentary surrounding Burberry's fashion show in Londo
Read moreTuesday broker round-up
2nd Aug 2016 10:58
(ShareCast News) - HSBC: Berenberg reiterates buy with a target price of 600p. Intertek: Numis maintains reduce with a 3100p target. Barclays: Citigroup reiterates buy with a 135p target. IAG: HSBC stays at reduce with a 325p target. Anglo American: UBS keeps at sell with a target price of 740p.
Read moreBroker tips: Anglo American, Intertek, Johnson Matthey
2nd Aug 2016 10:51
(ShareCast News) - UBS reiterated a 'sell' rating on Anglo American but lifted its target price to 740p from 540p after the miner reported a first half loss. The company last week reported a net loss of $813m for the first half of 2016, compared with a $3 bbn loss for the same period last year. The
Read moreBerenberg cuts Johnson Matthey to 'hold' from 'buy'
2nd Aug 2016 08:49
(ShareCast News) - Johnson Matthey shares fell on Tuesday as Berenberg cut its rating on the stock to 'hold' from 'buy'. Berenberg said it is downgrading the speciality chemicals and sustainable technologies company's rating as it has reached its price target. Johnson Matthey's shares have risen ab
Read moreJohnson Matthey eyes £40m profit boost from weak pound
20th Jul 2016 07:11
(ShareCast News) - Speciality chemicals group Johnson Matthey increased sales 6% to £822m in the first quarter thanks to strong sales growth for its vehicle catalysts, while profits could be boosted substantially by weakness of the pound. Underlying profit before tax for the full year was said to be
Read moreAnna Manz moving from Diageo to Johnson Matthey
14th Jul 2016 15:04
(ShareCast News) - Distilled beverages producer Diageo announced on Thursday that group strategy Anna Manz has decided to leave after 17 years with the company, to join fellow FTSE 100 company Johnson Matthey as group finance director. The firm said Manz will leave at the end of September and her su
Read moreJohnson Matthey appoints Anna Manz as finance director
14th Jul 2016 10:05
(ShareCast News) - Speciality chemicals company Johnson Matthey has appointed Anna Manz as group finance director with effect from 17 October, succeeding Den Jones. Manz joins the group from drinks giant Diageo, where she is currently group strategy director, leading the company's strategy and busin
Read moreBroker tips: Johnson Matthey, BHP Billiton, Spectris
13th Jun 2016 16:24
(ShareCast News) - Johnson Matthey's rating was downgraded to 'hold' from 'add' but its target price was raised to 3,138p by Numis after the company reported its full year results. The speciality chemicals and sustainable technologies group last Thursday reported a 5% decrease in full year pre-tax p
Read moreNumis downgrades Johnson Matthey to 'hold' from 'add'
13th Jun 2016 09:12
(ShareCast News) - Johnson Matthey's rating was downgraded to 'hold' from 'add' but its target price was raised to 3,138p by Numis after the company reported its full year results. The speciality chemicals and sustainable technologies group last Thursday reported a 5% decrease in full year pre-tax p
Read moreTuesday broker round-up
7th Jun 2016 16:27
(ShareCast News) - Countrywide: Jefferies reiterates buy with a target price of 600p. Coca-Cola Hbc: Credit Suisse keeps at neutral with a 1500p target. Weir Group: Canaccord upgrades to hold with a target price of 1200p. Johnson Matthey: Berenberg Bank keeps at neutral with a target of 2880p. Sa
Read moreSector movers: Automobile stocks boosted by US sales figures, weak euro
2nd Jun 2016 16:48
(ShareCast News) - Cyclical sectors such as chemicals and automobiles led gainers, alongside a bounce for food&drug retailers and fixed line telecommunications stocks. Shares in Johnson Matthey were the main culprit behind gains in the former, after the chemicals and sustainable technology group exp
Read moreThursday broker round-up
2nd Jun 2016 16:39
(ShareCast News) - Moneysupermarket.com: Jefferies downgrades to hold with a target price of 312p. Wolseley: Canaccord downgrades to hold with a 4200p target, UBS reiterates buy with a target price of 4300p and Credit Suisse stays at outperform with a 4200p target. Daily Mail: Goldman Sachs reitera
Read moreJohnson Matthey full year hit by impairment charge; sees new year in line
2nd Jun 2016 07:30
(ShareCast News) - A £141m impairment and restructuring charge hit pre-tax profits at chemicals and sustainable technology group Johnson Matthey, which fell to £386.3m from £495m in a "difficult macroeconomic environment". Pre-tax profits also include the benefit of the £130m profit on the sale of R
Read moreBroker tips: PZ Cussons, Tesco, Johnson Matthey
14th Apr 2016 13:33
(ShareCast News) - Shares in PZ Cussons were in the red on Thursday as Numis reiterated its 'reduce' rating after the company warned of difficult conditions in its main market of Nigeria. In an update for 27 January to 13 April, Cussons said overall trading has been in line with expectations and the
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