Tuesday preview: PZ Cussons, Babcock, Playtech, GDP
24th Jan 2011 16:37
Consumer products group PZ Cussons, best known for its Imperial Leather brand of soap, will be going up against a tough set of comparatives when it issues interim results on Tuesday. Panmure Gordon is expecting the firm to deliver "relatively muted growth" of around 3% in earnings per share (EPS).
Read moreTuesday tips round-up: British Airways, African Barrick, Phoenix IT...
30th Nov 2010 06:42
There is one undeniable reason to hold British Airways shares. Investors are entitled to a 10% discount on its fares, and this perk is being maintained and even extended to Iberia routes once the two are formally merged in the new year. The shares, at 265p, now sell on less than ten times the next
Read morePlaytech sitting comfortably with full year
2nd Nov 2010 09:04
Gaming software giant Playtech said quarterly gross income and total revenues held up well over the traditionally quiet summer period and viewed the full year outcome with confidence. "After the seasonal slowdown and the aftermath of the World Cup, September as expected was a stronger month, and we
Read moreMARKET TALK: UK Gambling Stocks Gather Pace On US Legislation
29th Jul 2010 13:13
1213 GMT [Dow Jones] UK gambling stocks advance Thursday, helped by a vote to legalize online gaming in the US Wednesday. At this stage, this is the most positive step towards the reopening of the US online gaming market since 2006, notes Collins Stewart. "PartyGaming (PRTY.LN) was set to make $750M
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
29th Jul 2010 13:13
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1213 GMT [Dow Jones] UK gambling stocks advance Thursday, helped by a vote to legalize online gaming in the US Wednesday.
Read moreFrench headwinds hit Playtech
28th Jul 2010 16:00
Gaming software giant Playtech ran into headwinds in the second quarter of 2010 that have continued into the current three months. Daily activity for first the 26 days of the current quarter declined by 12% like-for-like compared to the previous three months. The decline reflects the combined impac
Read more2nd UPDATE: Playtech Revenue Climbs 32%; Current Trading Strong
28th Jul 2010 10:39
(Adds CEO comments, analyst estimate) By Tommy Stubbington Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Gambling software provider Playtech Ltd. (PTEC.LN) Wednesday posted a 32% rise in second-quarter revenue, and said comparable trading at the start of the third quarter was up 20% from
Read moreUPDATE: Playtech Revenue Climbs 32%; Current Trading Strong
28th Jul 2010 09:30
(Adds detail, Italian deal.) By Tommy Stubbington Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Gambling software provider Playtech Ltd. (PTEC.LN) Wednesday posted a 32% rise in second-quarter revenue, and said comparable trading at the start of the third quarter was up 20% from a year ea
Read morePlaytech 2Q Revenue Climbs 32%; 3Q Trading Up 20%
28th Jul 2010 07:10
By Tommy Stubbington Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Gambling software provider Playtech Ltd. (PTEC.LN) Wednesday posted a 32% rise in second-quarter revenue, and said comparable trading at the start of the third quarter was up 20% from a year earlier. The company reported rev
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
27th Jul 2010 11:23
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1023 GMT [Dow Jones] Deutsche Bank lowers Playtech (PTEC.LN) target price to 564p from 644p, "following the removal of Fre
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
26th Jul 2010 11:02
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1002 GMT [Dow Jones] Collins Stewart initiates coverage of online gaming stocks. Says despite periodic regulatory shocks, onl
Read moreMARKET TALK: C Stewart Starts Online Gaming Stocks
26th Jul 2010 11:02
1002 GMT [Dow Jones] Collins Stewart initiates coverage of online gaming stocks. Says despite periodic regulatory shocks, online gaming markets have continued to deliver strong growth, increasing their share of the global gaming market. Projects double-digit market growth over the next three years i
Read moreWilliam Hill New Telephone Betting Operation In Gibraltar
26th Jul 2010 07:17
LONDON (Dow Jones)--William Hill PLC (WMH.LN), a betting and gaming company, said Monday that it is to establish a new Telephone betting operation based in Gibraltar, and said the group's telephone betting subsidiary, William Hill Credit Ltd (WHCL), will close its operation in the U.K. MAIN FACT
Read morePlaytech Launches French iPoker Network
20th Jul 2010 07:21
LONDON (Dow Jones)--Playtech Ltd (PTEC.LN), an international software and content provider to the online and land-based gaming industry, said Tuesday that it has launched its exclusive French iPoker network, and said the French iPoker network will be joined by a number of additional licensees in the
Read moreBroker tips: Booker, Great Portland, Playtech
20th May 2010 13:06
Preliminary results from Booker were ahead of expectations on at least three fronts according to FinnCap: adjusted pre-tax profit, earnings per share and dividend per share. Furthermore, the move into a net cash position at the end of the reporting period is a further plus point, the broker argues,
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