London close: FTSE extends gains ahead of FOMC statement
30th Apr 2014 16:59
- FTSE ends 10.12 points higher at 6,780.03 - US GDP misses expectations - Focus very much of FOMC meeting statement techMARK 2,780.50 -0.39% FTSE 100 6,780.03 +0.15% FTSE 250 15,817.20 -0.50% UK indices ended today's session slightly higher following a raft of corporate announcements, mixed data
Read moreFTSE 250 movers: Heritage Oil climbs on takeover offer news
30th Apr 2014 15:03
The share price of Heritage Oil surged today after the company announced that it had received a takeover offer from Energy Investments Global, part of Qatar's Al Mirqab Capital. The company also reported its full-year results which unveiled that profits doubled in 2013 on the back of record producti
Read morePlaytech delivers higher revenue in first quarter
30th Apr 2014 09:08
Strong performances in Asia and its casino business drove total quarterly revenues higher at Playtech in the first three months of 2014. The online gaming software supplier said a group revenue increase of 17.4% from €87.5m to €102.7m was largely thanks to a quarterly Casino revenue rose 25.6% fro
Read moreJPMorgan lowers targets for gambling stocks on regulatory risks
11th Apr 2014 09:42
It's hard to see any positive catalysts in the European gambling sector, according to JPMorgan Cazenove, which retained its cautious stance on stocks in light of regulatory risks. JPMorgan lowered its price targets for the majority of gambling stocks under its coverage. The bank said that despite
Read moreFriday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
Read moreMorrison directors pick up shares following last week's sell-off
17th Mar 2014 15:57
Following last week's disappointing results, the board members at WM Morrison have put their hands in their pockets to give a show of faith in the supermarket's investment prospects. The most notable buyer was Chairman Sir Ian Gibson, who acquired 19,695 shares, taking his total holding to 127,750
Read moreFTSE 250 movers: Soco Intl leaps after beating own production guidance
5th Mar 2014 15:01
Soco International beat its own 2013 oil and gas production volume guidance, pumping just shy of 17,000 barrels of hydrocarbons per day. Revenues fell 2.2% to $608.1m, with earnings before interest, tax, depreciation, amortisation and a non-cash $92m exploration write-off down 4.7% to $472.9m. Cana
Read more'Overwhelming' demand prompts bigger share sale by major Playtech investor
5th Mar 2014 13:15
Playtech has announced that Brickington Trading, which on Tuesday said it planned to sell around 29.3m shares in the group, had increased this to 45m on the back of 'overwhelming demand from existing and new investors'. The FTSE 250-listed online gaming software supplier said Brickington, which sol
Read moreFriday broker round-up UPDATE
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
Read moreFTSE 250 movers: Intl Personal Finance rises on profit jump
26th Feb 2014 13:56
International Personal Finances shares jumped in today's session after its profit came in slightly ahead of expectations. Profit before tax leapt 24 per cent, prompting a 20 per cent increase to the dividend. Despite this, Panmure Analyst, Keith Baird, said: "Regulatory threats remain the chief risk
Read moreSunday newspaper round-up: RSA, RBS, BSkyB
23rd Feb 2014 14:15
Stephen Hester, the new Chief Executive of RSA Insurance, is preparing an 800m pounds rights issue to strengthen the company's balance sheet, the Sunday Times said. Hester, who joined RSA three weeks ago, is expected to announce the capital raising with annual results on February 27th. The fundraisi
Read moreFriday broker round-up UPDATE
21st Feb 2014 10:11
Barratt Developments: JP Morgan raises target price from 360p to 420p, while downgrading to neutral. Bellway: JP Morgan takes target price from 1450p to 2000p and retains an overweight rating. Bodycote: UBS initiates with a target price of 800p and a buy recommendation. Bovis Homes Group: JP Morg
Read moreFTSE 250 movers: Playtech lifted by strong results and Ladbrokes deals
20th Feb 2014 15:39
Playtech jumped as it reported a rise in annual earnings as the gaming software development company signed two landmark deals with Ladbrokes to revamp the bookmarker's digital offering until 2017. Petra Diamonds also climbed after it said it is looking at commencing dividend payments in two years'
Read moreLondon midday: Chinese data hits miners, BAE and Rexam drop
20th Feb 2014 11:35
- Markets pare early losses but still trading lower - Weak Chinese data weighs on mining stocks - FOMC minutes prompt rate hike fears - BAE, Rexam fall sharply after 2013 results techMARK 2,861.08 -0.50% FTSE 100 6,777.54 -0.28% FTSE 250 16,246.72 -0.62% UK markets were trading in the red on Thurs
Read moreThursday broker round-up UPDATE
20th Feb 2014 08:49
Anglo American: Jefferies increases target price from 1450p to 1700p maintaining a neutral rating. BHP Billiton: Jefferies takes target price from 2300p to 2400p and stays with its buy recommendation. Big Yellow Group: Jefferies raises target price from 540p to 618p and retains a buy recommendatio
Read more