FTSE 250 movers: Jardine Lloyd Thompson climbs on purchase news
20th Sep 2013 15:46
Jardine Lloyd Thompson Group rose on the news it is buying Towers Watson's reinsurance brokerage business for 250m dollars. The insurance and employee benefits company said the newly merged business will create a "new force in the international reinsurance market" with combined revenues of $266m an
Read moreFriday broker round-up UPDATE
20th Sep 2013 08:06
African Minerals: Investec reduces target price from 393p to 246p, while its buy recommendation remains unchanged. Ashmore Group: Berenberg cuts target price from 500p to 470p and retains a buy recommendation. ASOS: Deutsche Bank raises target price from 4450p to 4800p and reiterates a hold recomm
Read moreFriday newspaper tips: United Utilities, Premier Farnell
20th Sep 2013 07:25
United Utilities, the UK's largest listed water utility, could be facing a dividend cut within the next two years if Ofgem tries to claw back some of the gains which accrued to the company as a result of low borrowing rates. Historically, water shares have tended to struggle after the midpoint in th
Read morePremier Farnell first-half adjusted profit falls, limited visibility
19th Sep 2013 07:27
Electronic components distributor Premier Farnell revealed a 4.5 per cent decline in adjusted pre-tax profit, adding that there remains limited forward order visibility and current market conditions remain variable. The Leeds-based group, which supplies electronic products, maintenance and repair s
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreMonday broker round-up UPDATE
10th Jun 2013 07:34
ASOS: HSBC Holdings increases target price from 3660p to 4380p and keeps an overweight rating. Bellway: Deutsche Bank raises target price from 1482p to 1503p and reiterates a hold recommendation. Betfair Group: Citi ups target price from 880p to 950p, upgrading from neutral to buy. Capco: UBS inc
Read moreLondon midday: Stocks sink as global growth forecasts cut
29th May 2013 11:45
Cuts to global growth forecasts and rising unemployment in economic powerhouse Germany sparked a sell-off on financial markets on Wednesday, as stocks pulled back following the impressive surge the day before. Following a three-day weekend for the UK and US, indices surged on Tuesday on renewed hop
Read moreLondon open: Chinese slowdown fears hit stocks early on
29th May 2013 08:34
Stocks declined sharply on Wednesday morning with yesterday's rebound proving short-lived as fears about the impact of a slowdown in China came back to haunt markets. Following a three-day weekend for the UK and US, indices surged on Tuesday on renewed hopes of continued monetary easing in Europe a
Read moreLondon midday: Markets rally as banks rise
17th May 2013 11:47
After a subdued start, the FTSE 100 pushed into positive territory ahead of the opening bell in New York with financials leading the rise after a broker upgrade. The Footsie breached the 6,700 mark yesterday for the first time since mid-2007 after 10 consecutive sessions in the blue, before falling
Read moreLondon open: Stocks pull back after strong gains
17th May 2013 08:32
The FTSE 100 registered moderate falls in early trading on Friday in aftermath of a series of disappointing economic figures, as markets pulled back after a strong showing over the last two weeks. London's benchmark index has gained around 4.0% since the start of May, rising to levels not seen sinc
Read moreLondon pre-open: Slight decline expected in opening trade
17th May 2013 07:33
City sources predict the FTSE 100 will open down four points from yesterday's close of 6,688, ahead of the latest reading of the US consumer sentiment index, EU car registrations and the German wholesale price index. UK stocks finished in a mixed fashion on Thursday, while US markets were in decli
Read morePremier Farnell returns to sales growth in first quarter
17th May 2013 07:11
Sales growth at web and technology firm Premier Farnell came in well ahead of expectations in the first quarter though margins slipped slightly. Sales per day returned to year-on-year growth of 2.8% in the three months ended May 5th, compared with the 3.0% decline in the preceding fourth quarter. T
Read moreFriday preview: Premier Farnell reports on first quarter
16th May 2013 15:21
Premier Farnell, the British distributor of electronic components to engineers, will release a first-quarter trading update on Friday, updating shareholders on its performance since the financial year-end of February 3rd. The company reported a 3.4% fall in adjusted operating profit to £23.9m in th
Read moreMonday broker round-up UPDATE
22nd Apr 2013 07:20
Admiral Group: Deutsche Bank takes target price from 1140p to 1300p retaining a hold recommendation. African Barrick Gold: Deutsche Bank ups target price from 173p to 180p staying with its hold recommendation. Albemarle & Bond: Canaccord Genuity reduces target price from 280p to 146p and downgrade
Read moreTuesday broker round-up UPDATE
2nd Apr 2013 08:28
Afren: Liberum Capital shifts target price from 123p to 130p maintaining a hold recommendation. Amara Mining: Numis initiates with a target price of 80p and a buy recommendation. APR Energy: Espirito Santo downgrades to sell with a target price of 680p. ASOS: Goldman Sachs increases target price
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