Broker tips: ARM, Tate & Lyle, Inchcape

1st Apr 2016 15:46

(ShareCast News) - Numis sell-side analysts provided a list of their top picks among large and small cap stocks across the market, including ARM Holdings, Virgin Money, Derwent London, Tullow Oil, Northgate and Vectura. After another strong set of quarterly results, ARM remains the top pick as Numis

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Numis adds Virgin Money, Derwent and Northgate to 'top picks' list

1st Apr 2016 15:34

(ShareCast News) - Numis sell-side analysts provided a list of their top picks among large and small cap stocks across the market, including ARM Holdings, Virgin Money, Derwent London, Tullow Oil, Northgate and Vectura. After another strong set of quarterly results, ARM remains the top pick as Numis

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Northgate appoints former Spirit Pub CFO as FD

9th Feb 2016 08:05

(ShareCast News) - Light commercial vehicle hire specialist Northgate has appointed Patrick Gallagher as group finance director with effect from 22 February. The company, which announced last month that Chris Muir would be stepping down from the role, noted the incumbent will be leaving Northgate at

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Northgate finance director Chris Muir to leave

11th Jan 2016 07:21

(ShareCast News) - Northgate's group finance director Chris Muir, who has been with the company for over 12 years, will leave with effect from 31 March. The light commercial vehicle hire company said it had agreed with Muir that "the development was in their mutual interests". Muir will be leaving

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Broker tips: Bodycote, Restaurant Group, Northgate

18th Dec 2015 11:02

(ShareCast News) - Bodycote got a boost on Friday after N+1 Singer upgraded the stock to 'buy' from 'hold' saying sentiment was likely to warm next year. The broker cut its estimates to reflect the more challenging trading environment which was confirmed in the group's third quarter update. It down

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Berenberg upgrades Northgate as risks priced in

18th Dec 2015 09:34

(ShareCast News) - Berenberg has upgraded Northgate from 'sell' to 'hold', citing the downside risk being priced into the stock. It said over the last five months, the company has seen a 40% fall in its share price as "lacklustre end-market growth and new depreciation policies have weighed on top-li

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Northgate posts small drop in first half profit but lifts dividend

1st Dec 2015 07:20

(ShareCast News) - Northgate posted a slight decline in pre-tax profit for the first half, although it lifted its dividend and reiterated its expectations for the year. For the half year to the end of October, underlying pre-tax profit slipped to £45.9m from £47.8m in the same period last year, on r

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London pre-open: Footsie to edge higher despite China PMIs

1st Dec 2015 07:15

(ShareCast News) - Stocks were expected to start the day moderately higher ahead of the release of a raft of manufacturing sector survey results from around the world. The Footsie was seen gaining up to 34 points at the start of the session from Monday's close of 6,356.09. In parallel, the Shanghai

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Northgate appoints new non-exec director

30th Nov 2015 08:06

(ShareCast News) - Claire Miles has been appointed as non-executive director of commercial vehicle hire group Northgate. Miles, who stepped into her new role on 27 November, is the current managing director of the homecare division of British Gas and has held senior management roles with Santander C

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Monday broker round-up

26th Oct 2015 08:57

(ShareCast News) - Zoopla Property Group (wi): Berenberg Bank reiterates to buy, reduces target price to 300.00p. Northgate: Jefferies upgrades to buy, reduces target price to 530.00p. Brammer: Jefferies upgrades to buy, lowers target price to 260.00p. National Express Group: RBC Capital Markets u

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FTSE 250 movers: Ocado surges on back of positive broker notes

17th Sep 2015 14:19

(ShareCast News) - The FTSE 250 index was down 20.12 points, or 0.12%, to 17,041.85 mid-trading Thursday afternoon. Leading the risers was online grocery delivery company Ocado Group, which surged today on the back of positive notes from Morgan Stanley and Deutsche Bank. Vehicle hire group North

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Northgate on track to meet full-year expectations

17th Sep 2015 08:12

(ShareCast News) - Vehicle hire group Northgate said it was on track to meets its annual targets for the financial year to March 2016. In a short statement released on Thursday, the FTSE 250 company said trading had been in line with expectations and it was making progress on its strategic plans. "

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Berenberg downgrades Topps Tiles, Northgate and Oxford Instruments

21st Aug 2015 11:25

(ShareCast News) - Berenberg downgraded Topps Tiles, Northgate and Oxford Instruments as it reviewed its coverage of UK small and mid caps. It cut Topps Tiles to 'hold' from 'buy' with an unchanged price target of 175p following a period of very strong share price performance in the first half of 20

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Northgate refinances debt facilities

3rd Aug 2015 08:29

(ShareCast News) - Northgate, a specialist in light commercial vehicle hire, announced a refinancing of the company's debt facilities. Northagate has issued a €100m, 2.38% seven-year debt private placement to an institutional investor. As a result, the group's principal bank facility has been reduce

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London pre-open: Stocks to open lower on US and Chinese data

3rd Aug 2015 08:18

(ShareCast News) - City sources predict the FTSE 100 will open six points lower than Friday's close of 6,696.28. A weak close in the US on poor wage growth and consumer sentiment will put downward pressure on the markets, London Capital Group night dealer Jonathan Sudaria said. "European equities a

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