Broker tips: Henderson, Cineworld, PV Crystalox
18th Aug 2011 12:20
UBS scaled back its numbers for fund manager Henderson Group on Thursday as a consequence of "lower market levels and lower flows." "Given the cautious outlook for the retail segment, we are now looking for modest outflows in [the second half] from this segment, versus healthy net flows of circa £4
Read moreBroker snap: Merchant Securities upgrades PV Crystalox to hold
18th Aug 2011 12:18
Merchant Securities has upgraded its rating on PV Crystalox Solar, the solar power wafers manufacturer, from sell to hold after the stock's recent underperformance. Revenue was up from $59.6m to $78.7m in the six months to 30 June, while adjusted pre-tax profit (excluding a currency impact) rose fr
Read morePV Crystalox Solar still in the shade
18th Aug 2011 08:31
Despite a significant rise in pre-tax profit for the six months to 30 June, PV Crystalox Solar has decided not to declare a dividend because of "challenging market conditions". The solar power wafers manufacturer's pre-tax profit was up $14.5m to $15.9m after exploration write-off before tax of $6
Read morePV Crystalox wilting in the sun
28th Jun 2011 08:44
PV Crystalox Solar, the struggling solar power wafers manufacturer, is warning it could make an operating loss in the second half of 2011. The problem, the company says, is the dramatic drop in photovoltaic (PV) installations in Germany in the first half of this year. It says its biggest market re
Read moreJapan nuke fears aid solar firms, dumps uranium plays
17th Mar 2011 12:40
The ongoing crisis at the Fukushima Daiichi nuclear plant in Japan has been a disaster for uranium-related stocks, but a welcome boost for alternative energy companies as opposition to nuclear grows. Should there be a catastrophic accident at Fukushima Daiichi, calls for nuclear power to be scrappe
Read moreSector movers: Telecoms stocks surge ahead
20th Dec 2010 14:42
The fixed line telecommunications sector is performing well with BT leading the charge, seeing shares rise 2.69% Monday afternoon. KCOM Group, Cable & Wireless Worldwide and TalkTalk are also among the top performers in the sector. Alternative energy is lower with solar wafers supplier PV Crystalo
Read moreImproving demand for PV Crystalox
19th Nov 2010 14:06
Solar wafers supplier PV Cyrstalox Solar says that there are signs of a strengthening in demand for its wafers. Shipment volumes of wafers are expected to be 350MW for the full year, against earlier estimates of 320MW-340MW. This has enabled PV Crystalox to operate at full capacity in the second h
Read moreBroker tips: Halfords, Games Workshop, PV Crystalox
27th Jul 2010 13:25
Charles Stanley is leaving its full year earnings estimates for Halfords unchanged, despite the sluggish start to the new financial year made by the bike and car parts retailer. "Halfords' Q1 [first quarter] trading update was slightly weaker than expected at the sales level, but full year PBT [pro
Read moreBroker snap: Solar preferred to wind power
27th Jul 2010 13:13
Ahead of the results season for the renewable energy sector Nomura Securities has topped the solar sector to shine brightest. "We expect a strong Q2 [second quarter] in the solar sector, while the US market weakness is set to continue to affect Q2 in the wind sector. Europe will make up some of the
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
29th Jun 2010 08:35
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] 0735 GMT [Dow Jones] JPMorgan Cazenove upgrades PV Crystalox (PVCS.LN) to overweight from neutral. Says the stock is its t
Read moreMARKET TALK: JPMorgan Raises PV Crystalox To Overweight
29th Jun 2010 08:35
0735 GMT [Dow Jones] JPMorgan Cazenove upgrades PV Crystalox (PVCS.LN) to overweight from neutral. Says the stock is its top pick in the sector, due to its net cash position, low valuation and relatively low exposure to Germany. In general for the European solar sector, thinks the worst is priced in
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jun 2010 07:16
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] 0616 GMT [Dow Jones] Goldman Sachs downgrades ReneSola (SOLA.LN) and PV Crystalox Solar (PVCS.LN) to sell from neutral, given
Read moreMARKET TALK: Goldman Downgrades ReneSola, PV Crystalox To Sell
28th Jun 2010 07:16
0616 GMT [Dow Jones] Goldman Sachs downgrades ReneSola (SOLA.LN) and PV Crystalox Solar (PVCS.LN) to sell from neutral, given their relative potential downside versus the rest of the brokerage's coverage. Adds that European manufacturers of wafers, cells and modules remain hindered by structurally h
Read moreLondon close: Eurozone worries batter Footsie
19th May 2010 16:36
European concerns were behind sharp falls in shares today as plans by Germany to slap a ban on short-selling of European bonds, credit default swaps and ten of Germany's biggest financial groups spooked investors. German chancellor Angela Merkel's warning that Europe is facing its greatest crisis i
Read moreLondon afternoon: Experian provides isolated cheer
19th May 2010 14:13
Leading shares trimmed their losses over the lunchtime session but the predominant colour on the Footsie leaderboard remains red. Mining companies lead the retreat on fears that Germany's decision to impose an immediate ban on "naked short selling" of euro-denominated government bonds and also cred
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