FTSE 250 movers: Lookers surges on acquisition, Go-Ahead slumps on warning
3rd Sep 2015 12:49
(ShareCast News) - London's mid-cap index was up 0.9% to 17,037.26 at 1325 BST, tracking a more buoyant tone overall following a positive session in the US and as the closure of Chinese markets gave investors a chance to catch their breath. Motor retail and aftersales service company Lookers surged
Read moreLookers surges on acquisition of Benfield Motor Group for £87.5m
3rd Sep 2015 07:46
(ShareCast News) - Motor retail and aftersales service company Lookers surged after announcing the acquisition of Addison Motors Limited, trading as Benfield Motor Group, for £87.5m in cash. The acquisition, which is expected to be immediately earnings-enhancing, is being funded using new banking fa
Read moreLookers buys Benfield Motor Group for £87.5m in cash
3rd Sep 2015 07:46
(ShareCast News) - Motor retail and aftersales service company Lookers has acquired Addison Motors, trading as Benfield Motor Group, for £87.5m in cash. The acquisition, which is expected to be immediately earnings-enhancing, is being funded using new banking facilities made available to Lookers by
Read moreLookers shares slide despite increased profits
12th Aug 2015 11:51
(ShareCast News) - Shares in car dealership Lookers slipped despite the company posting a 6% rise in first half pre-tax profits. At 1158 BST the shares were down by 1.53% to 161.25p after Lookers said it delivered a record first half result. Lookers posted earnings before tax of £38.8m from £37.7m
Read moreSunday share tips: Marks&Spencer, Gulf Keystone, Lookers
6th Apr 2015 15:20
Buy shares of Marks & Spencer, Questor advised in the Sunday Telegraph. The end to falling sales at M&S's clothing business was an important moment in the investment case for M&S after almost four years when the company had to rely on strong food revenues to help offset clothing's decline. The share
Read moreLookers director sells 10m shares for £15.5m
16th Mar 2015 16:04
A non-executive director at Lookers sold 10m shares in the car dealership chain on Monday for an individual price of 155p. The shares were sold from one of the companies that represent a proportion of Tony Bramall's family interests. Bramall, who joined the company in 2006, raised £15.5m in the tra
Read moreFriday broker round-up UPDATE
7th Nov 2014 09:44
AstraZeneca: Deutsche Bank increases target price from 4100p to 4350p and reiterates its hold recommendation. AVEVA: Societe Generale reduces target price from 2250p to 2000p, while keeping its buy recommendation. Big Yellow Group: Citi raises target price from 470p to 540p and maintains its neutra
Read moreThursday broker round-up UPDATE
6th Nov 2014 10:01
Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged. Afren: Liberum Capital cuts target price from 121p to 95p and stays with its hold recommendation. Antofagasta: Canaccord cuts target price from 790p to 760p and reiterates a hold recommendation. Associ
Read moreLookers H1 profits rise after new car sales beat market
13th Aug 2014 11:15
Car dealer Lookers sold more new cars than rivals in the first half, helping it to forecast annual results ahead of market expectations. Lookers said growth in new car sales had been ahead of a strong new car market and it had a "healthy" order book for new car deliveries in the key month of Septem
Read moreLookers sells Land Rover dealership for £10.5m
8th Jul 2014 09:18
UK-based car dealership group Lookers has sold its Jaguar and Land Rover site in North London for £10.5m. The firm has sold the Barnet site to AIM-listed Cambria Automobiles, which currently operates Jaguar dealerships in London, the acquisition is part of the group's plan to boost underperforming
Read moreWednesday broker round-up UPDATE
14th May 2014 09:34
African Minerals: Deutsche Bank lowers target price from 335p to 324p maintaining a buy recommendation. Aveva: Panmure Gordon downgrades from buy to hold with a target price of 2199p. Aviva: Panmure Gordon ups target price from 540p to 585p and keeps a buy recommendation. boohoo.com: Investec ini
Read moreMonitise Chairman acquires first round of shares
11th Apr 2014 16:02
Monitise on Friday said that its Non-Executive Chairman, Peter Ayliffe, had acquired 250,000 shares in the payment solutions company. Ayliffe, who paid 57.13p a share and spent £142,825 altogether, was appointed to his current role in October last year, having previously been a non-executive for n
Read moreNew GKN Finance Director opens account
20th Mar 2014 16:00
Adam Walker, the newly appointed Financial Director of aerospace giant GKN, bought himself a round of shares worth 252,980 pounds. The purchase comes just a few weeks after the company posted a jump in annual sales and underlying profits, which helped to offset a decline in the military aerospace m
Read moreWednesday broker round-up UPDATE
5th Mar 2014 10:02
Abcam: Investec reduces target price from 552p to 480p and reiterates its buy recommendation. Numis upgrades from hold to buy with a target price 510p. Advanced Medical Solutions: Canaccord Genuity shifts target price from 94p to 101p and keeps a hold recommendation. African Barrick Gold: Nomura r
Read moreLookers boosts profits and dividend
5th Mar 2014 08:53
- Annual profit rises 27 per cent - Dividend increased 10 per cent - Confident of progress in 2014 Car retailer Lookers reported improved annual earnings in an improving but competitive market conditions and said it is confident of further growth in the coming year. The car dealership chain report
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