Friday broker round-up UPDATE
22nd Mar 2013 08:48
Afren: Nomura shifts target price from 175p to 180p keeping a neutral rating. ASOS: Nomura increases target price from 2000p to 2630p, while reiterating a neutral rating. Betfair: Panmure Gordon takes target price from 761p to 813p and leaves its buy recommendation unchanged. Brewin Dolphin Holdi
Read moreTuesday broker round-up UPDATE
26th Feb 2013 07:27
Andor Technology: Investec shifts target price from 460p to 500p and keeps a buy recommendation. Associated British Foods: Nomura revises target price from 1790p to 1800p, while its neutral rating remains unchanged. Barclays: Espirito Santo raises target price from 346p to 418p and reiterates its
Read moreSunday share tips: Weir Group, Paragon, William Hill
24th Feb 2013 15:18
Spare a moment for the 'short-sellers', those dastardly investors who make hay when a company's shares tank. They are having a bad run at Weir Group. The 4.7bn pound supplier of kit to miners and oil drillers is the most "shorted" stock in the FTSE 100. About 15 per cent of its shares are out on loa
Read moreParagon Group of Companies closes bonds offer period early
22nd Feb 2013 14:15
The Paragon Group of Companies, a specialist buy-to-let and consumer finance group, has closed early the offer period for the issue of six per cent unsecured sterling retail bonds. The total nominal amount of the notes that are to issued is £60m. The issue of the notes was announced on February
Read moreThursday tips round-up: Tullow, Paragon Group, Crest Nicholson
14th Feb 2013 07:20
Tullow Oil is feeling misunderstood. The company is generally thought of as an Africa-focused oil explorer, but it has interests elsewhere, most notably in French Guiana and in the North Sea. Production comes from one large field off Ghana, which accounts for about a third of it, and smaller ones el
Read moreParagon Group of Companies launches six per cent bonds
13th Feb 2013 12:47
The Paragon Group of Companies, a specialist buy-to-let and consumer finance group, on Wednesday launched an offer of six per cent bonds due December 2020, marking the initial transaction under a one billion pound euro medium term note programme. The fixed interest of 6.0% will be payable semi-ann
Read moreFriday broker round-up UPDATE
1st Feb 2013 07:55
Afren: HSBC shifts target price from 190p to 200p, while reiterating an overweight rating. Antofagasta: Exane BNP reduces target price from 1500p to 1350p maintaining an outperform rating. Antrim Energy: Westhouse Securities lowers target price from 70p to 65p and reiterates a buy recommendation.
Read moreThe Paragon Group of Companies serves up profits increase
31st Jan 2013 09:01
The Paragon Group of Companies reported Thursday a 16.7 per cent increase in operating profits for the last three months of 2012. The FTSE 250 provider of mortgages and personal loans said its financial performance was in line with management's expectations with operating profits of £23.7m, compare
Read moreFriday broker round-up UPDATE
14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read moreLondon close: US and Eurozone uncertainty keeps stocks flat
4th Dec 2012 16:50
- Democrats, Republicans wrangle over 'fiscal cliff' - Europe talks about bank supervisor - Defensives gain, resources fall The FTSE 100 swung between gains and losses for most of Tuesday's session to finish the day broadly flat as ongoing concerns about the US budget and developments in the Euroz
Read moreFTSE 250 movers: ITE exhibits positive figures
4th Dec 2012 15:48
ITE Group led the charge after it said revenues were up 11 per cent in the last year and good trading conditions had continued into the new financial year. Westhouse Securities raised its target price for the conference and exhibition organiser from 245p to 261p, while Numis raised its target price
Read moreLondon close: Stocks pare gains after US ISM data
3rd Dec 2012 16:52
- US manufacturing sector in contraction - Chinese and India data lifts markets early on - Banking fall after BoE FLS details The FTSE 100 index was set to finish Monday's session with decent gains until a worse-than-expected reading of US manufacturing caused markets across Europe to trim gains by
Read moreFTSE 250 movers: C&W Comms jumps after disposal
3rd Dec 2012 15:41
Cable & Wireless Communications surged on Monday after agreeing to sell the majority of its businesses in its Monaco & Islands division as it attempts to scale back its geographic footprint and pay down debt. CWC is selling the assets to Bahraini telecoms firm Batelco Group for an enterprise value
Read moreLondon midday: Markets rise after manufacturing data
3rd Dec 2012 11:35
- Chinese and Indian PMIs improve - UK manufacturing PMI beats forecasts - Miners provide a lift in London The Footsie had held on to gains by Monday lunchtime after some decent manufacturing figures from China and India, though the mood was cautious on the back of uncertainties surrounding the US
Read moreLondon open: Stocks rise after Chinese manufacturing figures
3rd Dec 2012 08:18
UK stocks opened in positive territory on Monday morning following some upbeat economic data from China and India, but gains were only moderate with the focus likely to be on Greece as Eurozone finance ministers meet in Brussels. The final reading for the HSBC China purchasing managers' index (PMI)
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