Sundays tips round-up: Carnival, Petroceltic, Brewin Dolphin, WYG
12th Oct 2014 11:38
The Questor column in The Telegraph has rated cruise operator Carnival as a 'sell' on the back of concerns about the spread of Ebola which have sparked a recent sell-off across the travel sector. The Ebola fears "could not come at a worse time" for Carnival, the paper's John Ficenec writes. Up until
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreLondon midday: UK stocks rise despite weak economic data
6th Oct 2014 11:37
Weak economic data from Germany and the wider Eurozone failed to deter bullish investors on Monday as UK stocks continued to bounce off a 10-month low reached last week. London's FTSE 100, spurred by gains in the banking, airline and supermarket sectors, was trading nearly 0.4% higher at 6,550 by mi
Read moreMonday broker round-up
6th Oct 2014 10:05
Asos: UBS ups target price from 4000p to 4050p and stays with its buy recommendation. Cranswick: Numis cuts target price from 1326p to 1296p and keeps a hold recommendation. Dunelm Group: Citi reduces target price from 930p to 870p downgrading to neutral. easyJet: Citi ups target price from 1600p
Read moreLondon open: Banks, supermarkets give FTSE 100 a lift
6th Oct 2014 08:37
Decent gains from banking and supermarket stocks gave the FTSE 100 a boost on Monday morning as the UK's benchmark index continues to recover after hitting a 10-month low last week. The Footsie was trading 0.4% higher at 6,554 early on, rising for the second straight day after falling to 6,446.39 la
Read morePetroceltic International gets takeover bid from Dragon Oil
6th Oct 2014 07:51
Oil & gas explorer Petroceltic International has received a £491.6m takeover approach from rival Dragon Oil. Petroceltic, which has exploration licenses in Algeria, Tunisia and Italy and production activities off Kinsale in Ireland, said Dragon Oil had proposed to offer 230p per Petroceltic sh
Read morePetroceltic International completes Algeria farm-out
8th Jul 2014 11:47
Independent oil & gas group Petroceltic International has completed its Algeria farm-out for $180m. The group has finished the sale of an 18.375% interest in the Isarene site to Sonatrach, the national oil and gas company of Algeria. The consideration includes $20m payment on this completion of th
Read morePetroceltic board stocks up after placing approved
27th Jun 2014 16:34
The board members of oil and gas company Petroceltic International has purchased a round of shares at 157p each following the placing announced last month, the second tranche of which was approved on Thursday at an extraordinary general meeting. The largest deals were carried out by Chief Executiv
Read moreLondon midday: Miners pull UK markets lower, but Smith & Nephew rises
30th May 2014 11:34
- Mining stocks lower on iron ore, China concerns - Fenner issues profit warning - M&A continues to boost Smith & Nephew techMARK 2,820.23 +0.39% FTSE 100 6,860.62 -0.16% FTSE 250 16,039.31 +0.53% Weakness in the mining sector dragged the UK stock market from a two-week high on Friday, despite M&A
Read moreFriday broker round-up UPDATE
30th May 2014 09:14
ASOS: N+1 Singer reduces target price from 5300p to 4100p, while staying with its hold recommendation. Cairn Energy: JP Morgan cuts target price from 315p to 279p and maintains an overweight rating. Cobham: Canaccord Genuity increases target price from 285p to 320p and reiterates a hold recommenda
Read morePetroceltic disappoints with trio of well updates
30th May 2014 08:03
AIM-listed oil explorer Petroceltic has given investors a trio of "disappointing" updates from its international drilling programme. In the Kurdistan Region of Iraq, drill stem tests at the Shakrok-1 well on the 16%-owned Shakrok licence were completed in the Adaiyah and Mus formations but did not
Read moreTuesday broker round-up UPDATE
27th May 2014 09:17
African Minerals: Canaccord Genuity cuts target price from 295p to 230p and maintains a buy recommendation. AG Barr: Investec ups target price from 620p to 645p retaining an add rating. ARM Holdings: Numis increases target price from 880p to 920p keeping a hold recommendation. AVEVA Group: Invest
Read moreWednesday broker round-up UPDATE
21st May 2014 08:36
African Minerals: Citi reduces target price from 260p to 190p, while leaving its buy recommendation unchanged. Alliance Pharma: Numis lowers target price from 39p to 37p and maintains an add rating. APR Energy: JP Morgan shifts target price from 1082p to 1089p keeping its overweight rating. Astra
Read moreMonday broker round-up UPDATE
19th May 2014 07:55
Alent: Numis moves target price from 330p to 340p upgrading to add. AVEVA Group: Westhouse Securities initiates with a target price of 2260p and a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1039p to 1042p and stays with its buy recommendation. Brown (N) Group: J
Read morePetroceltic International well in Kurdistan comes up dry
8th May 2014 12:24
Oil & gas explorer Petroceltic International has failed to find oil at a well in Kurdistan, hitting its shares. Petroceltic said the first two of four tests on potential oil zones targeted by its Shakrok-1 well had produced water but no hydrocarbons. The group, which is also drilling in Egypt and
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