NMC Health revenues in fine fettle as new openings loom
29th Apr 2014 08:22
Abu Dhabi private hospital group NMC Health grew revenue as occupancy levels jumped in the first quarter, as the company captures upside from the mandatory health insurance law being implemented in nearby emirates. Hospital occupancy levels increased to 71.3% in the quarter, helping lift group reve
Read moreFriday broker round-up UPDATE
25th Apr 2014 09:19
African Barrick Gold: Deutsche Bank lowers target price from 310p to 300p maintaining a buy recommendation. Anglo American: Deutsche Bank cuts target price from 1530p to 1510p and reiterates a hold recommendation. ASOS: Deutsche Bank upgrades to buy with a target price of 5800p. Astra Zeneca: Deu
Read moreSector movers: M&A gives pharma stocks a big boost
22nd Apr 2014 15:28
Pharmaceuticals and biotechnology stocks were rising by an average of six per cent in London on Tuesday, helped by a wave of high-profile M&A deals across the global healthcare sector. Leading the charge in the UK was AstraZeneca on reports that it could be at the centre of the largest deal in phar
Read moreLondon midday: Pharma deals lift stocks as FTSE 100 nears 6,700
22nd Apr 2014 11:36
- FTSE 100 at highest since April 4th - Astra jumps on Pfizer takeover speculation - GSK announces massive three-part deal with Novartis techMARK 2,741.04 +2.28% FTSE 100 6,691.88 +1.01% FTSE 250 16,103.19 +1.23% Heightened M&A activity in the pharmaceutical sector gave UK markets a boost on Tues
Read moreLondon open: Pharma M&A gives UK stocks a lift
22nd Apr 2014 08:59
- FTSE 100 at highest since April 4th - Astra jumps on Pfizer takeover speculation - GSK announces massive three-part deal with Novartis techMARK 2,729.51 +1.85% FTSE 100 6,683.16 +0.87% FTSE 250 16,031.64 +0.78% Strong gains from heavyweight pharmaceutical groups gave UK markets a boost on Tuesd
Read moreTuesday broker round-up UPDATE
15th Apr 2014 08:08
APR Energy: Goldman Sachs reduces target price from 1165p to 1039p, while upgrading to buy. Aureus Mining: FinnCap places its target price (prev.: 175p) under review and keeps its buy recommendation . Al Noor Hospitals: Jefferies increases target price from 1065p to 1155p and maintains a buy recom
Read moreNMC Health announces departure of Executive Director
26th Mar 2014 14:53
NMC Health was a significant faller on the second tier after the group announced Executive Director Khalifa Bin Butti had stepped down from the board after three years in the role. He has served as Executive Vice Chairman and as a director, and has decided to step down after helping to bring the c
Read moreFTSE 250 movers: Partnership Assurance shares recover
26th Mar 2014 14:24
Partnership Assurance rose strongly today as the annuity provider climbed alongside others in the sector following last week's major sell-off which came on the back of the government's decision to bin compulsory annuities for pensioners. Just Retirement Group also made strong gains. Online gaming
Read moreFTSE 250 movers: Ashmore dives as profits sink by a third
25th Feb 2014 15:30
Asset manager Ashmore was at the bottom of the pile after its first-half profits fell by a third as it counted the cost of investor wariness over emerging markets against a backdrop of the US winding down its bond-buying stimulus programme. The news prompted Canaccord to downgrade the stock to 'hold
Read moreNMC eyes further good growth in UAE after robust full year
25th Feb 2014 10:47
NMC, the private healthcare provider focused on the United Arab Emirates, saw its shares rise after it posted robust full year numbers and expressed confidence in generating further good growth in its core market over 2014. Group net profit for its year to December 2013 increased by 15.7% to $69m
Read moreFTSE 250 movers: Centamin rockets on Q4 results
6th Jan 2014 15:29
Shares in Egypt-focused gold miner Centamin leapt today after its fourth-quarter production results smashed expectations. Total gold production from its flagship Sukari project in the fourth quarter reached 91,546 ounces (oz), 8% higher than the third quarter and up 7% on the same quarter of 2012.
Read moreFTSE 250 movers: Retailers driven higher by Next trading update
3rd Jan 2014 15:48
Lifted by top tier counterpart Next, retailers were today putting in a strong performance, with gains seen by Dixons, Home Retail, as well as Debenhams as it recovered from its profit warning issued earlier this week. Mobile satellite communications services company Inmarsat inched higher on the n
Read moreLondon midday: Retailers buoy markets, UK data comes in strong
3rd Jan 2014 11:31
- UK construction, mortgage data beats expectations - China services PMI eased in December - Next surges after bullish Q4 update, guidance techMARK 2,779.70 +0.26% FTSE 100 6,722.39 +0.07% FTSE 250 15,972.09 +0.33% Markets got off to a slow start on Friday morning but had pushed into positive terr
Read moreLondon open: Markets lower after China data, but Next surges
3rd Jan 2014 08:16
- China services PMI eased in December - Markets on look-out for plenty of economic data - Next raises profit guidance - House of Fraser planning London listing techMARK 2,768.12 -0.15% FTSE 100 6,704.72 -0.20% FTSE 250 15,862.80 -0.35% UK markets opened slightly lower again on Friday as worsening
Read moreLondon pre-open: FTSE to extend Thursday's decline
3rd Jan 2014 07:26
City sources predict the FTSE 100 will open eight points below yesterday's close of 6,717.91, extending yesterday's losses after stocks in both the US and Asia declined overnight. The falls have been prompted by a raft of economic data out this week, which included less-than-impressive Chinese pur
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