6th Dec 2012 16:08
Imagination Technologies Group rose into the top spot after JPMorgan Chase reiterated its overweight rating on the stock. Electronics components supplier Premier Farnell was a high riser despite saying profit in the third quarter fell amid challenging market conditions. Electrical retailer Dixon
Read more6th Dec 2012 15:00
Electronics components supplier Premier Farnell said profit in the third quarter fell amid challenging market conditions as it executes cost cuts in the final quarter which are expected to produce annual savings of four million pounds. Pre-tax profit for three months ended October 28th fell to £17.
Read more6th Dec 2012 12:08
The Footsie had erased most of the morning's gains by Thursday lunchtime, as investors awaited a policy rate decision in Europe and some jobless claims figures in the US later this afternoon. As expected, the Bank of England's Monetary Policy Committee voted to maintain the Bank Rate at 0.5% at tod
Read more6th Dec 2012 11:22
Investec has reiterated its 'buy' rating and 1,800p target price for emerging markets lender Standard Chartered following the group's pre-close trading update, saying the business is 'sitting pretty'. "STAN may have travelled well ahead of today's statement, but with improving momentum into 2013e,
Read more6th Dec 2012 11:21
Premier Farnell may have received a pleasing market reaction to its third-quarter statement on Thursday, but Panmure Gordon has reiterated its 'sell' rating for the stock, saying that conditions remain tough for the electronics components supplier. Pre-tax profit for three months ended October 28th
Read more29th Nov 2012 07:27
Aberdeen Asset Management: Morgan Stanley raises target price from 365p to 375p; keeping an overweight rating. ASOS: Societe Generale raises target price from 2500p to 2530p and reiterates its hold recommendation. Babcock International: UBS downgrades from buy to neutral. Barratt Developments: HS
Read more28th Nov 2012 07:26
ARM Holdings: Barclays Capital raises target price from 750p to 820p, overweight rating kept. Assura Group: Oriel Securities starts with an add recommendation. Espirito Santo moves target price from 37p to 37.50p, buy recommendation unchanged. Britvic: Deutsche Bank raises target price from 370p t
Read more19th Oct 2012 14:58
Support services stocks were firmly in the red on Friday afternoon with Aggreko and Bunzl providing a drag. FTSE 100 temporary power and temperature control group Aggreko sank over 8% after reporting that since its last trading update, exchange rates have "moved against us" and bad debt provisions
Read more19th Oct 2012 07:45
Nicholas Cadbury, who is jumping ship from Premier Farnell to become the Finance Director of Whitbread, will join the of Costa Coffee shops owner on November 14th. The announcement coincided with the news that Mark Whiteling, who will be replacing Cadbury at electrical components distributor Premie
Read more14th Sep 2012 07:07
In the Times, the Tempus column notes the big surge yesterday by electronic components distributor Premier Farnell. This was probably because of an impressive performance in August when sales increased. The company is seen as a canary in the coal mine indicator of global trends because it has almo
Read more13th Sep 2012 16:35
- Markets close higher ahead of Fed decision - Greece could need third bailout, says IMF official - BAE's merger with EADS called into question Following a subdued start, UK stocks ended at their highest levels of the day with just an hour or so to go before the announcement of the Federal Reserve'
Read more13th Sep 2012 15:30
Electronics components supplier Premier Farnell surged after seeing the year-on-year decline in its top line slow in the second quarter, as it sacrificed margin to protect market share. ?? Homewares retailer Dunelm rose after saying pre-tax profit climbed a better than expected 15.1% in the first
Read more13th Sep 2012 11:50
- Markets tentative ahead of FOMC announcement - Stocks already priced in stimulus - Next and BAE provide a drag in London The FTSE 100, like other stock markets across Europe, was broadly flat by Thursday lunchtime ahead of a pivotal policy decision by the Federal Reserve expected later on. Yest
Read more13th Sep 2012 09:17
Anite: Jefferies keeps buy rating and 160p target. BAE Systems: Investec downgrades from hold to sell, target raised from 350p to 290p; Societe General downgrades to sell; Oriel Securities downgrades to hold, target lifted from 350p to 370p. Bank of Georgia: Seymour Pierce keeps buy rating and 1,6
Read more13th Sep 2012 08:27
- Markets focus on FOMC announcement - Next sinks on gloomy outlook - BAE eases after strong surge With all eyes on a Federal Open Market Committee (FOMC) meeting today, UK stocks started flat on Thursday ahead of a key policy decision in the US. "European headline shares opened tentatively this m
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