Monday newspaper round-up: Ladbrokes-Coral, BHS, G4S, Sky
16th May 2016 06:39
(ShareCast News) - The merger between Ladbrokes and Coral could be blocked, analysts have suggested, citing the blocking last week of the proposed merger between O2 and Three by Europe's competition commission on the ground that it would have cut the number of big players from four to three, an argu
Read moreSunday newspaper round-up: RBS, Shell, Cobham, BT, banks
15th May 2016 17:01
(ShareCast News) - Royal Bank of Scotland is examining a range of radical options to help speed the long-delayed separation and flotation of its Williams & Glyn subsidiary, including a potential divestment of its NatWest brand. Banking sources have indicated to the Sunday Telegraph that RBS and its
Read moreLondon pre-open: Stocks seen higher as investors eye UK retail sales
21st Apr 2016 07:34
(ShareCast News) - London stocks were expected to open in the black on Thursday, taking their cue from positive US and Asian sessions as oil prices edged higher. The FTSE 100 was seen starting 12 points higher than Wednesday's close at 6,422. Investors in the UK will eye the release of retail sales
Read moreLadbrokes gets off to a flier in first quarter
21st Apr 2016 07:05
(ShareCast News) - Unlike some of its rivals, Ladbrokes got off to a flier in the first quarter, with encouraging sales growth indicating new chief executive Jim Mullen's turnaround plan is working but also helped by a tailwind of favourable sporting results. As the bookmaker refurbished 73 betting
Read moreCredit Suisse starts Paddy Power Betfair at 'underperform'
20th Apr 2016 14:30
(ShareCast News) - Credit Suisse initiated coverage of Paddy Power Betfair at 'underperform' with a 8,650p price target, saying the merger benefits were being overplayed, with the cost synergies and scale failing to justify the share price. "We feel that cost synergies alone are a poor rationale for
Read moreSunday newspaper round-up: AstraZeneca, Monarch Airlines, HSBC, Opec deal
17th Apr 2016 16:53
(ShareCast News) - AstraZeneca has held talks with US-based rival Medivation that could see it make a $10bn (£7bn) takeover bid, where it will battle France's Sanofi, which had a bid rejected last week, and others. Although oncology drug maker Medivation has been criticised for "price gouging" by Am
Read moreSunday newspaper round-up: Interest rates, Tata, Premier Foods, G4S, Centrica
3rd Apr 2016 16:33
(ShareCast News) - The Bank of England will hold interest rates at their current historic low for three more years, according to the market's current predictions. Judging by the overnight deposit rates that banks are charged to hold their cash at the central bank, which indicates market predictions
Read moreSunday newspaper round-up: Budget, Sainsbury's, Virgin Media, Reuters
13th Mar 2016 15:18
(ShareCast News) - George Osborne look to grab as much as £20bn to fill shortfalls in his Budget this Wednesday, making deep cuts in public spending, an increased insurance premium tax and other new or increased duties and taxes, while also looking to cut taxes for North Sea oil producers. The Sunda
Read moreUBS downgrades William Hill amid increasing competition
4th Mar 2016 08:26
(ShareCast News) - William Hill was under the cosh on Friday after UBS downgraded the stock to 'sell' from 'buy' and slashed the price target to 365p from 410p as it pointed to an increasingly competitive backdrop. "We believe that, with consolidation in the industry, and with a re-vamped Ladbrokes
Read moreThursday newspaper round-up: National Grid, Rolls-Royce, bookmakers
3rd Mar 2016 07:37
(ShareCast News) - The energy regulator Ofgem is to be handed sweeping new powers to manage the country's electricity supplies, switch off factories and request emergency back-up generation, under energy market reforms being considered by Whitehall. Documents seen by The Times show ministers are con
Read moreFTSE 250 movers: Meggitt keeps index flying in the black
23rd Feb 2016 15:01
(ShareCast News) - In contrast to its older sibling, the FTSE 250 was in the black on Tuesday afternoon, up 16.35 points (0.10%) to 16,305.15. Meggitt led the pack after it posted a small rise in 2015 pre-tax profit and lifted its dividend despite what it referred to as a challenging year. For the
Read moreTuesday broker round-up
23rd Feb 2016 13:51
(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr
Read moreTuesday broker round-up
23rd Feb 2016 13:51
(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr
Read moreLadbrokes' revenue grows but profit takes a hit
23rd Feb 2016 08:03
(ShareCast News) - Ladbrokes saw 3% growth in revenue for 2015, but profit before tax took a hit as the company delivers its growth strategy. The FTSE 100 gaming company posted its results for the year to 31 December 2015 on Tuesday. Revenue grew from £1.16bn to £1.19bn excluding exceptional items
Read moreSunday newspaper round-up: Sainsbury-Home Retail, RBS, IHG, Ladbrokes
31st Jan 2016 16:24
(ShareCast News) - As Tuesday's takeover deadline approaches, Sainsbury's has made a bid of 150p per share for Argos owner Home Retail Group, which is shy of the 170p apparently being demanded. The Sunday Telegraph cited sources that suggested a middle-ground 160p bid would be enough to announce the
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