London open: Stocks open lower ahead of economic data, but BP rises
16th Jan 2015 08:20
Weakness on Wall Street and nervousness ahead of some key US data resulted in a negative start for UK stocks on Friday, though gains from oil major BP limited the decline. BP was on the rise early on after being handed a smaller-than-expected civil penalty over the Gulf of Mexico oil spill in 2010.
Read moreMoneysupermarket sees Q4 slowdown but delivers double-digit full-year growth
16th Jan 2015 08:01
Increasing demand for price-comparison services resulted in a decent fourth-quarter performance from website group Moneysupermarket.com, though growth did tail off towards the end of the year. Group revenues were 4% higher year-on-year at £58.9m in the last three months of 2014, compared with 12% gr
Read moreTuesday broker round-up
9th Dec 2014 09:23
Aberdeen: Cantor Fitzgerald initiates with a target price of 520p and a 'buy' recommendation. Aggreko: Jefferies reduces target price from 1810p to 1350p, downgrading to 'underperform'. Ashcourt Rowan: Cantor Fitzgerald initiates with a target price of 270p and a 'buy' recommendation. Ashmore: Can
Read moreThursday broker round-up.-Update
13th Nov 2014 10:21
AstraZeneca: JP Morgan raises target price from 3700p to 4100p, keeping its underweight rating. AVEVA Group: Barclays upgrades to overweight. Bellway: Credit Suisse raises target price from 1876p to 1905p and keeps a neutral rating. Bow Leven: Barclays shifts target price from 45p to 50p and retai
Read moreFTSE 250 movers: Bwin.party jumps after confirming speculation of 'potential business combinations'
12th Nov 2014 15:17
Bwin.party shares jumped after it confirmed speculation that it has started discussions with various parties about potential business combinations. The company said the talks may or may not result in an offer being made. UK price comparison website firm Moneysupermarket.com cheered after reporting a
Read moreWednesday broker round-up UPDATE
12th Nov 2014 09:07
Aberdeen: UBS lowers target price from 465p to 450p and downgrades from buy to neutral. ASOS: Societe Generale reduces target price from 5000p to 4450p, while leaving its buy recommendation unchanged. BG Group: Deutsche Bank reduces target price from 1400p to 1300p and keeps a buy recommendation.
Read moreMoneysupermarket reports third quarter growth
12th Nov 2014 07:55
UK price comparison website firm, Moneysupermarket.com group, announced extensive revenue growth in a trading update on Wednesday. The update for the period from 1 July 2014 to date, incorporating trading performance to 30 September 2014, revealed an 18% increase in revenue for the three months to 3
Read moreComparison websites accused of hiding best energy deals
20th Oct 2014 10:53
Five of the biggest energy comparison websites are hiding their best deals, The Big Deal has claimed. The company, itself an energy comparison website, alleged that it has found evidence that all the major price comparison websites hide the cheapest deal from customers. Angela Knight, the chief exe
Read moreFTSE 250 movers: Oil stocks gain momentum as crude prices rebound
17th Oct 2014 15:40
A continued rebound in crude prices on Friday saw firms in the oil services sector rise after the price of the commodity collapsed over the past few weeks. Ophir and Enquest were both strong risers. Fears about an oversupply of oil saw West Texas Intermediate (WTI) crude drop below $80 a barrel this
Read moreShazam chairman joins Moneysupermarket.com
6th Aug 2014 10:27
Financial services group Moneysupermarket.com has appointed Shazam chairman Andrew Fisher as a non-executive director. Fisher, who will also be a member of the remuneration and nomination committees, was previously European managing director of Infospace and founder of TDLI.com. Chairman Bruce Car
Read moreFTSE 250 movers: Pets at Home jumps after Q1 results
30th Jul 2014 15:55
Like-for-like sales accelerated at retailer Pets at Home in the first quarter, sending the company's shares scampering higher even though the result was against weak figures the prior year. The like-for-like increase of 4.1% was an improvement on the final quarter of the previous year and well ahead
Read moreMoneysupermarket's first half profits and revenues rise
30th Jul 2014 11:56
UK price comparison website Moneysupermarket achieved a 14% rise in underlying pre-tax profit to £17.1m in the first half, as revenue increased across the business. Group revenue climbed 9% to £122.4m with growth in the MoneySuperMarket, MoneySavingExpert and TravelSupermarket brands. Chief Execut
Read moreMoneysupermarket.com sees growth accelerate in second quarter
11th Jul 2014 08:00
Price comparison website Moneysupermarket.com has said that growth picked up in the second quarter of the year. After reporting 8% revenue growth in the first quarter, the company had said in April that the first few weeks of the second quarter were "flat with last year". However, in a brief tradi
Read moreFriday preview: Experian to report on challenging quarter
10th Jul 2014 14:47
Friday sees Experian report on what is expected to be a challenging first quarter (Q1) for the credit reporting company. Broker Liberum said this will represent "the worst quarter" for the FTSE 100 group in its 2015 financial year as a result of subdued trading in Latin American credit, due to the
Read moreFriday broker round-up UPDATE
6th Jun 2014 09:38
African Minerals: Investec places both its target price (prev.: 189p) and its buy recommendation under review. ASOS: JP Morgan reduces target price from 6600p to 4259p and retains its overweight rating. Citi reduces target price from 7000p to 3700p, while leaving its buy recommendation unchanged. D
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