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 more24th Apr 2014 16:12
The Chairman of Premier Foods on Thursday showed his support for the branded food producer after it reported a 6.2 per cent drop in its sales for the first three months of 2014. David Beever, who has held his current role on the board since June 2012, added £100,000-worth of shares to his stake,
Read more24th Apr 2014 08:13
Premier Foods blamed subdued grocery retail trading, a later Easter and milder weather for lower sales of its key brands and said trading was likely to stay tough for the rest of the year. Premier, which makes products such as Mr Kipling cakes, Ambrosia custard and Sharwood's curry sauces, said sal
Read more2nd Apr 2014 15:30
Shares in university intellectual property commercialisation group Frontier IP flew higher on Wednesday after new directors dipped in to buy shares. New James Fish, Finance Director, bought £28,000 worth of shares at 28p per share, while Non-Executive Director Michael Bourne pocketed £49,000 of sha
Read more18th Mar 2014 08:58
Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom
Read more9th Mar 2014 10:14
WM Morrison is preparing to announce aggressive price cuts and 500m pounds of property sales this week, the Sunday Times reported. The price cuts aim to take on Aldi and Lidl, the German chains whose prices have lured MM Morrison customers. The £500m of property sales out of a total portfolio of £10
Read more6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read more4th Mar 2014 11:59
Premier Foods, owner of brands including Bisto gravy and Mr Kipling cakes, has unveiled encouraging underlying results and a transformational restructuring of its balance sheet. The FTSE SmallCap group saw group revenues and trading profits drop 20.1% and 12.3% to £856m and £55m respectively in 201
Read more30th Jan 2014 09:06
Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan
Read more28th Jan 2014 07:49
As the volatility in the stock continues to attest to - notwithstanding the fact that it no longer owns Branston pickle - Premier Foods' finances continue to be - well, in a pickle. The fear, at least up until recently, has been that the firm will drown in its own debt and pension deficit. That cont
Read more27th Jan 2014 07:31
The maker of a string of iconic British brands such as Hovis bread, Mr Kipling cakes and Ambrosia rice plans to hive off the bread business into a stand-alone joint venture. Premier Foods also said adjusted annual pre-tax profit would be ahead of hopes despite a 1% fall in sales of its key brands i
Read more12th Jan 2014 16:05
Morrisons aims to return up to 800m pounds to investors by selling real estate, the Sunday Times said. The supermarket chain's property holdings are worth 9bn pounds and it owns 90 per cent of the portfolio. Big shareholders think Morrisons could cut its freehold ratio to 80 per cent and stay overwh
Read more22nd Dec 2013 16:24
Premier Foods is planning a 300m pounds rights issue for early in the new year as it seeks to fend off pressure from US fund Apollo, the Sunday Times reported. The maker of Hovis bread, Mr Kipling cakes and Sharwoods is also likely to announce a pension holiday and a big bond issue as part of Chief
Read more10th Dec 2013 09:43
Amlin: Westhouse Securities moves target price from 470p to 480p and reiterates an add rating. Antofagasta: Credit Suisse reduces target price from 900p to 750p, while upgrading to neutral. UBS cuts target price from 845p to 765p retaining its neutral rating. Ashley House: WH Ireland moves target
Read more5th Dec 2013 08:15
AMEC: Canaccord Genuity raises target price from 1125p to 1300p upgrading from hold to buy. AZ Electronic Materials: Canaccord Genuity increases target price from 354p to 404p, while downgrading from buy to hold. BAE Systems: Deutsche Bank takes target price from 415p to 425p keeping a hold recomm
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