Sunday newspaper round-up: Melrose Industries, Rolls Royce, Flutter Entertainment
5th Sep 2021 17:18
(Sharecast News) - The boss of one of Britain's major engineering groups has urged ministers not to intervene in a flurry of US takeovers of British companies, saying the UK must protect its reputation as an open, trading economy. Simon Peckham, chief executive of the FTSE 100 giant Melrose Industries, said that rather than fretting over British corporate gems being owned by foreign buyers, the UK should be encouraging home-grown firms to buy up companies abroad. - Sunday Times
Read moreMelrose trades ahead of expectations as loss narrows
2nd Sep 2021 07:09
(Sharecast News) - Melrose Industries said it was trading ahead of expectations as the industrial turnaround company reported a narrower loss for the first half of 2021.
Read moreThursday preview: US data, Melrose in focus
1st Sep 2021 15:39
(Sharecast News) - Financial markets' focus on Thursday will be on a barrage of US economic data, including the latest data for weekly jobless claims.
Read moreWeek ahead: Non-farm payrolls in focus; Barratt, Melrose earnings due
27th Aug 2021 14:01
(Sharecast News) - The corporate and macroeconomic calendars will start to pick up again next week after the August lull, culminating in the US jobs report at the end of the week.
Read moreThursday broker round-up
29th Jul 2021 16:28
(Sharecast News) - Wizz Air: HSBC downgrades to 'reduce' and lowers target price from 4,500.0p to 4,100.0p; JP Morgan keeps at 'overweight' and marks up target from 5,350.0p to 5,800.0p.
Read moreNumis downgrades TI Fluid Systems, Spirax-Sarco
8th Jul 2021 11:05
(Sharecast News) - Numis downgraded TI Fluid Systems to 'add' from 'buy' on Thursday, while Spirax-Sarco Engineering was cut to 'hold' from 'add' as it took a look at the capital goods sector.
Read moreWednesday broker round-up
23rd Jun 2021 13:04
(Sharecast News) - Hunting: JP Morgan upgrades overweight with a target price of 290p.
Read moreMelrose to return £730m; Sees trading in line with expectations
22nd Jun 2021 07:55
(Sharecast News) - Turnaround specialist Melrose Industries said it was planning to return £730m to as it revealed trading was in line with expectations with signs a recovery was in sight for its aerospace unit.
Read moreFriday broker round-up
21st May 2021 12:24
(Sharecast News) - Hotel Chocolat Group: Berenberg reiterates hold with a target price of 390p.
Read moreFriday broker round-up
7th May 2021 12:50
(Sharecast News) - Melrose: Numis upgrades to buy with a target price of 205p.
Read moreThursday broker round-up
6th May 2021 13:43
(Sharecast News) - National Grid: Berenberg upgrades to buy with a target price of 1,100p.
Read moreMelrose Industries starts year 'modestly ahead' of expectations
6th May 2021 07:35
(Sharecast News) - Melrose Industries is trading "modestly ahead" of expectations, it said in an update on Thursday, with momentum from the second half of 2020 has continuing across the group into 2021.
Read moreMelrose selling Nortek Air Management for £2.62bn
19th Apr 2021 07:20
(Sharecast News) - Melrose Industries has agreed to sell its Nortek Air Management business to Chicago-based Madison Industries, it announced on Monday, for consideration of £2.62bn in cash on completion, subject to adjustments.
Read moreMelrose restores dividend after solid second half
4th Mar 2021 07:44
(Sharecast News) - Melrose Industries restored its dividend after the turnaround group's performance was at the top of expectations in the second half of a loss-making year.
Read moreJPMorgan downgrades Bodycote, cites near-term pressures
30th Nov 2020 08:25
(Sharecast News) - JPMorgan Cazenove downgraded heat treatments supplier Bodycote on Monday to 'underweight' from 'neutral' and cut the price target 635p from 670p as it argued that near-term pressures will weigh on the stock.
Read more