Marston's focus on food fuels full-year revenue
28th Nov 2013 07:10
- Increased full-year revenue - Boosted by focus on food - Encouraging start to new financial year, lifts dividend Brewer and pub group Marston's served up improved full-year revenue, lifted its dividend payment and noted an encouraging start to its new financial year. Marston's, which owns over 2
Read moreThursday broker round-up UPDATE
17th Oct 2013 09:45
AGA Rangemaster Group: N+1 Singer ups target price from 135p to 150p and stays with its buy recommendation. Anglo American: HSBC raises target price from 1610p to 1740p maintaining an overweight rating. Antofagasta: HSBC increases target price from 900p to 990p and upgrades to overweight. Aquariu
Read moreThursday broker round-up UPDATE
10th Oct 2013 08:36
Ashmore Group: Canaccord Genuity takes target price from 380p to 400p and retains a hold recommendation. Numis shifts target price from 380p to 390p reiterating its hold recommendation. Ashtead Group: Numis upgrades to add with a target price of 670p. Berkeley Group: Panmure Gordon moves target pr
Read moreThursday tips round-up: Marston's, Tesco, John Wood Group
10th Oct 2013 07:15
Marston´s annual trading update revealed a perceptible difference in performance between its managed and tenanted estates in terms of their like-for-like sales performance. The latter achieved a 2.2 per cent rise, ahead of the tenanted state which saw just a 2.0 per cent increase. It is for this rea
Read moreLondon midday: Markets pause at three-month low as UK data disappoints
9th Oct 2013 11:19
Disappointing UK production figures and the ongoing political deadlock in the US weighed on market sentiment on Wednesday morning, with the FTSE 100 subdued after hitting a three-month low the day before. London's benchmark FTSE 100 index was trading broadly flat by midday, erasing earlier losses,
Read moreLondon pre-open: Stocks to extend yesterday's sharp decline
9th Oct 2013 07:39
City sources predict the FTSE 100 will open around 14 points lower than Tuesday's close of 6,365.83, with the index falling to levels not seen in over three months. Today's decline will track the steep falls seen in US stocks last night, dragged lower by the ongoing government shutdown and nervousn
Read moreMarston's sales boosted by second-half heatwave
9th Oct 2013 07:12
Pubs owner and ale brewer Marston's said its performance for the second half-year has been encouraging, with the heatwave over the summer offsetting poor weather during the first half-year. In Destination and Premium pubs, like-for-like (LFL) sales rose 2.2% from last year including LFL food sales
Read moreThursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreMonday broker round-up UPDATE
12th Aug 2013 07:30
BAE Systems: Morgan Stanley increases target price from 350p to 430p and retains an equal-weight rating. Bodycote: N+1 Singer upgrades to buy with a target price of 700p. British American Tabacco: Goldman Sachs takes target price from 4220p to 4280p and stays with its buy recommendation. Capita G
Read moreSunday share tips: Vodafone, Forbidden Technologies, Marstons
21st Jul 2013 10:39
Vodafone still has room left to grow, although the company faces a difficult balancing act as it fights to invest in long-term growth while at the same time generating cash for shareholders. Mention must be made in this regard of its commitment to maintaining its current pay-out policy. The solution
Read morePetrofac heads stock up as group unveils growth predictions
17th May 2013 16:10
Both the Chairman and the Chief Financial Officer of Petrofac bought shares on Thursday, the same day the company predicted modest growth in net profits for the year. In an announcement issued Friday, it was reported that Norman Murray and Tim Weller bought 7,500 and 7,454 shares respectively. M
Read moreMarston's appoints new Chairman as profits fall
16th May 2013 10:33
Marston announced the appointment of new Chairman Roger Devlin as the UK pub retailer released its half-year results. Devlin will take over from David Thompson when he steps down on September 1st. He is currently Chairman of internet gaming business Gamesys, sports media group SIS and Porthaven N
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 moreThursday broker round-up UPDATE
18th Apr 2013 07:16
African Barrick Gold: Investec reduces target price from 315p to 286p keeping a hold recommendation. BHP Billiton: JP Morgan cuts target price from 2380p to 2330p, while leaving its neutral rating unchanged. Deutsche Bank lowers target price from 2350p to 2334p keeping a buy recommendation. Big Ye
Read moreLondon close: Stocks hit by fears over growth, US earnings
17th Apr 2013 16:50
Fears over economic growth and a raft of disappointing earnings in the States weighed heavily on global markets on Wednesday, while a number of heavyweight stocks going ex-dividend dampened the FTSE 100 in London. Bank of America (BofA) was the first major US bank to miss forecasts this earnings se
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