FTSE 250 movers: Ashtead up on positive read-across from US peer
18th Apr 2012 14:06
Rental equipment firm Ashtead was a high riser on the back of a positive read-across from US peer United Rentals which beat consensus estimates after the closing bell on Wall Street last night. "We stress these successive record quarterly performances from both United Rentals and Ashtead are being
Read moreWednesday broker round-up - UPDATE
18th Apr 2012 09:12
ARM Holdings: Morgan Stanley maintains overweight rating. Ashtead: Jefferies maintains buy rating and 300p target. BHP Billiton: Barclays Capital maintains overweight recommendation and 2,400p target. British American Tobacco: Nomura raises target from 3,360p to 3,390p, buy recommendation maintai
Read moreMoneysupermarket.com on track, travel dries up
18th Apr 2012 07:57
Price comparison website Moneysupermarket.com said it has made a good start to the second quarter as strength at its money and insurance division offset a weaker performance at its travel section. Internet revenue increased 14% in the first quarter from a year earlier while core earnings climbed 12
Read moreWednesday broker round-up
14th Mar 2012 10:02
Antofagasta: Fox-Davies upgrades from sell to hold, target lifted from 1,121p to 1,197p. AZ Electronic Materials: Goldman Sachs upgrades from buy to conviction buy, target raised from 380p to 440p. Close Brothers: UBS raises target from 690p to 750p, neutral rating kept. Computacenter: UBS raises
Read moreWednesday broker round-up - UPDATE
29th Feb 2012 09:11
ITV: Nomura maintains neutral recommendation and 88p target; Prime Markets gives buy rating and 95p target; Peel Hunt ups target from 83p to 88p, hold rating kept. Standard Chartered: Nomura keeps buy rating and 1,800p target. CRH: UBS ups target from 1,150p to 1,300p, neutral rating kept. Schrod
Read moreTuesday broker round-up - UPDATE
28th Feb 2012 10:02
SABMiller: Nomura downgrades from buy to neutral, target increased from 2,600p to 2,700p. HSBC: Nomura cuts tagged from 725p to 650p, buy rating kept. Pearson: Nomura reiterates reduce rating and 1,200p target. Whitbread: Peel Hunt cuts target from 1,938p to 1,860p, buy rating kept; Nomura reiter
Read moreMoneysupermarket off to strong start
28th Feb 2012 07:45
Moneysupermarket.com has reported a rise in revenue and profit as it capitalised on its market leading position in the price comparison web site arena. Revenues rose from £148.9m in 2010 to £181.0m in 2011, while adjusted EBITDA (earnings before interest, tax, depreciation and amortization) rose 21
Read moreLondon close: Euro worries pull Footsie lower
11th Jan 2012 16:58
Eurozone debt worries weighed on London's stock market today with some disappointing economic data from the region's largest economy dampening the mood. Energy stocks led the decline on the FTSE 100, tracking oil prices lower. SOVEREIGN DEBT CRISIS RUMBLES ON News that German gross domestic produc
Read moreFTSE 250 Movers: Fenner leads the way higher
11th Jan 2012 13:57
Leaping into the top spot was Fenner, the polymers company, which has gained 4.5% after announcing that first quarter profitability is significantly better than the comparable period of 2010. Following very close behind, recruitment company Michael Page said fourth quarter gross profit slowed to 13
Read moreWednesday broker round-up - UPDATE
11th Jan 2012 08:56
Unilever: Bank of America Merrill Lynch downgrades to underweight from neutral. Aggreko: Credit Suisse downgrades to neutral from outperform. Capita: Citi upgrades to buy from neutral. Reckitt Benckiser: Morgan Stanley upgrades to overweight from neutral. Rentokil: RBC upgrades to top-pick fr
Read moreGrowth speeds back up at Moneysupermarket
11th Jan 2012 07:18
Moneysupermarket.com was able to accelerate revenue growth in the fourth quarter with the board now expecting year-on-year sales to rise by 20%. When the price comparison website firm reveals its full-year results next month, it expects to report sales of £178m for the 12 months to December 31st,
Read moreMoneysupermarket.com Q3 revenue up 14%
9th Nov 2011 08:42
Price comparison website Moneysupermarket.com revealed a 14% hike in third quarter revenue as robust demand for insurance and home services outweighed a weaker performance in travel. The group's financial performance in the third quarter was in line with the board's expectations and trading in the
Read moreUPDATE: Tuesday broker round-up
20th Sep 2011 13:38
BAE Systems: Societe Generale upgrades to buy, raises target to 330p from 280p. Kesa Electricals: Espirito Santo downgrades to sell, cuts target from 110p to 75p. Wilmington Group: Peel Hunt upgrades to buy. Moneysupermarket.com: Brewin Dolphin upgrades to buy. Barratt Developments: Citigroup up
Read moreFTSE 250 Movers: Moneysupermarket.com flying high
2nd Aug 2011 12:37
Moneysupermarket.com is flying high after its share price soared after announcing a sharp incline in profits. After sponsoring the hit TV show 'Britain's Got Talent', Moneysupermarket.com has maintained its status as one of the country's best known price comparison websites and posted a sharp rise
Read moreLondon midday: Stocks fall back after flat start
2nd Aug 2011 12:16
Stocks are in negative territory now as investors digest a raft of company statements against a backdrop of ongoing worries about the debt situation in the US and in Europe. Investors are also digesting news that the US House of Representatives has voted through a bill to raise the debt ceiling in
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