Thursday broker round-up UPDATE
16th May 2013 07:43
Barratt Developments: Deutsche Bank lowers target price from 336p to 327p, while leaving its buy recommendation unaltered. BG Group: Credit Suisse raises target price from 1150p to 1190p keeping a neutral rating. BT Group: Berenberg takes target price from 280p to 375p and retains a buy recommenda
Read moreLondon close: Stocks gain after ECB rate cut, US data
2nd May 2013 16:32
After a subdued start, the FTSE 100 ended Thursday's session in a volatile fashion as traders digested an underwhelming interest-rate cut from the European Central Bank (ECB), comments from Mario Draghi and better-than-expected economic data from the States. The ECB did what was expected at midday
Read moreFTSE 250 movers: Imagination Technologies hit by profit warning
2nd May 2013 16:05
Chip maker Imagination Tech plummeted after warning that profits would fall below expectations after delays to several deals hit licensing revenues. Multinational energy and environmental consultancy company RPS Group also fell sharply after saying that a slowdown in investment in resource project
Read moreLondon close: Stocks pare gains after US data
1st May 2013 16:40
Disappointing economic from the States saw the FTSE 100 halve its earlier gains by the close on Wednesday as markets waited in anticipation of a policy decision from the Federal Reserve later this evening. The US central bank is widely expected to leave its current stimulus measures unchanged follo
Read moreFTSE 250 movers: NMC Health hit by downgrade
1st May 2013 15:30
NMC Health continued to fall one day after it posted an 11 per cent year-on-year increase in first quarter revenues to 139m dollars, bolstered by demand for specialist clinical services in its healthcare division. The figures failed to impress Numis Securities, prompting a downgrade from 'buy' to 'h
Read moreLondon close: Stocks fall as markets await Fed, ECB
30th Apr 2013 16:46
A disappointing reading of business activity in the States sparked a late sell-off on UK financial markets on Tuesday afternoon as traders turned nervous ahead some key risk events later this week. The Chicago purchasing managers' index (PMI), one of the leading economic indicators in the US, dropp
Read moreFTSE 250 movers: Invensys boosted by upgrade
30th Apr 2013 15:51
Invensys was given a lift by Societe Generale which upgraded the firm from 'hold' to 'buy', saying that the engineering and software company has an improved investment profile with substantial margin and M&A upside. Meanwhile, platinum miner Lonmin was a heavy faller after reporting saying that it
Read moreNMC Health records increase in quarterly revenues
30th Apr 2013 08:49
NMC Health has posted an 11 per cent year-on-year increase in first quarter revenues to 139m dollars, bolstered by demand for specialist clinical services in its healthcare division. The chain, which has branch hospitals in Dubai, Sharjah and Al Ain, said it was trading in line with expectations fo
Read moreFull year group revenue rises 10.5 per cent at NMC Health
26th Feb 2013 12:22
Group revenue rose 10.5 per cent to 490.1m dollars in the full year to December 31st at NMC Health, the healthcare provider operating across the United Arab Emirates. In a financial report for the full year, the group reported that revenue in the healthcare division was up 15% to $251.6m compared w
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