Wednesday preview: Land Securities releases full-year results
14th May 2013 14:31
Land Securities Group is expected to report an increase in net asset value (NAV) when the property investment company unveils its annual results Wednesday. Analysts at Investec forecasts NAV per share of 885p for the full-year to March 31st 2013, up from 856p the previous year. "This reflects our
Read moreWednesday broker round-up UPDATE
8th May 2013 09:08
Altitude Group: WH Ireland initiates with a target price of 50p and a buy recommendation. Betfair Group: Deutsche Bank increases target price from 725p to 884p, while staying with its hold recommendation. Nomura raises target price from 766p to 883p and reiterates a neutral rating. Exane BNP ups ta
Read moreLondon midday: FTSE 100 pulls back from five-year highs
13th Mar 2013 11:33
Stocks pulled back from five-year highs on Wednesday morning as traders took profits after industrial production data from the Eurozone disappointed. So far this year, the FTSE 100 index has gained nearly 10% and was yesterday trading near levels not seen since late 2007. Weighing on markets this
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
Read moreFriday broker round-up UPDATE
8th Feb 2013 07:19
Aggreko: HSBC upgrades to neutral with a target price of 1650p. Anglo American: HSBC ups target price from 1950p to 2240p and upgrades to overweight. Antofagasta: HSBC reduces target price from 1200p to 1160p, while upgrading to neutral. ARM Holdings: Credit Suisse increases target price from 780
Read moreWednesday broker round-up - UPDATE
30th Jan 2013 07:03
Alternative Networks: Investec increases target price from 310p to 330p retaining a buy rating. Anglo American: Deutsche Bank takes price target from 2200p to 2260p, while its buy recommendation remains unchanged. Antofagasta: Bank of America reduces target price from 1500p to 1400p and downgrades
Read moreThursday tips round-up: Land Securities, Randgold Resources, WH Smith
24th Jan 2013 06:55
Yesterday's trading statement from Land Securities, although light on financials, showed that lettings of its development portfolio were moving in the right direction. The shares, after a mild underperformance so far this year, trade on about a six per cent discount to the latest net asset figure. G
Read moreLondon close: Stocks lifted by upbeat US earnings
23rd Jan 2013 17:05
London's FTSE 100 finished with moderate gains on Wednesday afternoon ahead of a key vote over the potential extension of the debt ceiling Stateside, as some decent results from US bellwethers Google, McDonald's and IBM lifted sentiment across stock markets worldwide. The US House of Representative
Read moreLondon midday: Stocks hold on to gains, but markets cautious
23rd Jan 2013 11:38
The mood on the stock markets was cautious on Wednesday morning as traders digested a barrage of economic announcements, corporate earnings and a key speech by David Cameron. The FTSE 100 managed to stay in positive territory after a strong start, albeit only just. UK Prime Minister David Cameron's
Read moreLondon open: Stocks rise ahead of US debt-ceiling vote
23rd Jan 2013 08:28
Well-received earnings from some Wall-Street heavyweights were boosting market sentiment on Wednesday morning, with London's FTSE 100 making moderate gains early on. Both Google and IBM impressed the US market late last night with better-than-expected fourth-quarter results. Markets will likely be
Read moreLand Securities continues to make good progress - UPDATE
23rd Jan 2013 07:26
Commercial property company Land Securities said Wednesday it continued to make good progress in the third quarter as it acquired development lettings and achieved strong operational performance across its investment portfolio. The FTSE 100 group signed £10.8m in development lettings since October
Read moreWednesday preview: FTSE 100 big hitters swing results
22nd Jan 2013 15:53
A parade of FTSE 100 companies will be under the spotlight Wednesday as Unilever, BHP Billiton, Land Securities Group and Sage Group release their latest results. Consumer goods giant Unilever will release its fiscal year statement. Consensus expectations are for fiscal year 2012 revenue of €51,29
Read moreTuesday broker round-up UPDATE
22nd Jan 2013 07:06
Afren: Liberum Capital shifts target price from 120p to 123p staying with its hold recommendation. ASOS: Exane BNP increases target price from 3000p to 3100p and retains an outperform rating. BP: RBC downgrades to sector perform from outperform. Brammer: Peel Hunt moves target price from 300p to
Read moreLand Secs takes over X-Leisure centres
17th Jan 2013 07:29
Land Securities now owns a majority stake in X-Leisure Unit Trust, the company behind the Xscape and SNO!zone entertainment centres in the UK. The company announced on Thursday morning that it has completed the purchase of a 42% interest in X-Leisure Unit Trust and 100% holdings in X-Leisure Limite
Read moreLand Securities to increase its stake in X-Leisure
21st Dec 2012 14:12
Real estate group Land Securities is set to increase its stake in X-Leisure - the company behind the Xscape and SNO!zone entertainment centres in the UK. The FTSE 100 company has been the green light from the unit holders of X-Leisure Unit Trust to acquire 100% in X-Leisure from property investme
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