Standard Chartered non-exec builds company holding after profit decline
11th Mar 2014 15:45
An Independent Non-Executive Director of Standard Chartered has this week upped his stake in the group by a quarter with the purchase of 2,500 shares. John Paynter, who was appointed to his role in 2008, bought the shares at 1,246.50p each for a total of £31,163, taking his total holding to 12,50
Read moreSector movers: Tyman results give construction stocks a lift
11th Mar 2014 15:20
Building products firm Tyman gave the construction and materials sector a big boost on Tuesday after the company impressed with its 2013 results. Tyman hiked its dividend by a third after it swung to a profit last year, helped by the acquisition of Truth Hardware and improving construction markets
Read moreTuesday tips round-up: Intertek, Keller, Senior
4th Mar 2014 07:12
Intertek Group, the provider of testing services, on Monday gave investors reasons for cheer. It still sees considerable opportunities in China, one of the long-term drivers for the business. Margins should also improve this year. Thus, cuts in capital expenditures by big oil firms are now being mat
Read moreLondon close: Crisis in Ukraine ensures poor finish for stocks
3rd Mar 2014 16:52
- FTSE ends 101 points lower at 6,708 - Ukraine crisis hits markets across globe - Chinese data weighs heavy - UK, US, Eurozone PMI readings all rise techMARK 2,852.19 -1.81% FTSE 100 6,708.35 -1.49% FTSE 250 16,374.84 -2.10% It was a bad start to the week for UK stocks, which plunged on the back
Read moreFTSE 250 movers: ITE dives on double downgrade
3rd Mar 2014 15:11
ITE Group was the day's biggest faller on the FTSE 250 after both Canaccord Genuity and Westhouse Securities cut their ratings on the stock, to 'hold' from 'buy' and to 'neutral' from 'add', respectively. Engineering specialist Keller was also lower after cautioning that most of its European marke
Read moreMonday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreLondon pre-open: Ukraine to weigh heavily on FTSE
3rd Mar 2014 07:24
The FTSE is expected to open notably lower this morning, hit by the most recent developments in the Ukraine and ahead of what is set to be another busy week. City sources predict the FTSE 100 will open around 80 points lower than Friday's close of 6,809.70. The crisis in Ukraine has stepped up a g
Read moreIncreased North American construction boosts Keller
3rd Mar 2014 07:13
- Boosted by an rise in US construction and housing activity - Full-year profit surges, margins improve - Expects 2014 to be another strong year FTSE 250 ground engineering specialist Keller reported a robust set of full-year results, as North American housing and construction activity blossomed, a
Read moreKeller Group wins seawall repair project deal
13th Feb 2014 07:53
Ground engineering specialist Keller Group has been awarded a contract to work on the City of Seattle's Elliott Bay seawall project. The £25m deal involves the repair and replacement of a large section of seawall along Seattle's downtown waterfront. Keller will construct a grid of approximately 5,5
Read moreFTSE to pare recent gains ahead of quiet session
13th Feb 2014 07:18
- Small losses ahead of quiet session - Yellen testimony postponed - Attention to turn to German CPI and Greek unemployment The FTSE is set to open in the red this morning ahead of what is expected to be a fairly quiet day. City sources predict the FTSE 100 will open 17 points lower than yesterda
Read moreWednesday broker round-up UPDATE
22nd Jan 2014 08:33
Admiral Group: Numis raises target price from 1425p to 1710p upgrading from add to buy. African Barrick Gold: Deutsche Bank moves target price from 180p to 190p and keeps a hold recommendation. RBC Capital takes target price from 220p to 250p and maintains an outperform rating. JP Morgan ups target
Read moreKeller remains in line for full-year
19th Dec 2013 07:17
- On track to meet full-year targets - Trading stable since update in November Ground engineering specialist Keller Group reaffirmed that it expects full-year results to be in line with current market expectations. In an update ahead of its results for the financial year ending December 31st, the
Read moreTuesday broker round-up UPDATE
26th Nov 2013 08:18
BBA Aviation: Goldman Sachs shifts target price from 420p to 425p and reiterates a buy recommendation. BTG: Numis raises target price from 350p to 440p upgrading from reduce to hold. Cambria Automobiles: Panmure Gordon starts with a target price of 61p and a buy recommendation. Daily Mail & Gener
Read moreKeller full-year results to beat expectations
19th Nov 2013 08:49
- FY results to surpass top end of expectations - Order book ahead of prior year Keller Group, the FTSE 250 ground engineering specialist, reported a continued improvement in trading during the four months to the end of October and said its full year results were expected to be slightly above the t
Read moreLondon close: Stocks surge on signs of progress in Washington
10th Oct 2013 16:35
Stocks rebounded strongly on Thursday after hitting a three-month low the day before, as hopes that US politicians can resolve the ongoing deadlock in Washington prompted bargain hunters back into the market. The FTSE 100 finished 92.58 points higher at 6,430.49, a rise of 1.46%. This comes after t
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