Royal Dutch Shell needs growth delivery, higher oil, Citi says
1st Aug 2016 11:32
(ShareCast News) - Analysts at Citi sounded a cautious note on the outlook for Royal Dutch Shell´s performance in the short-term. Investors attracted by the oil major´s high dividend yield needed to reflect on the fact that there was a considerable gap in its "financial framework" which made "growth
Read moreSector movers: Oil-related sectors retreat as Aerospace & Defence flies
28th Jul 2016 16:42
(ShareCast News) - FTSE indices were mixed heading towards the closing bell on Thursday, with the blue-chip index helped south by oil stocks undermined by crude's weakness and Royal Dutch Shell's second-quarter shocker. "An unsurprisingly indecisive session in Europe has seen the likes of the FTSE l
Read moreRoyal Dutch Shell profits slump, miss forecasts by $1bn
28th Jul 2016 08:46
(ShareCast News) - Royal Dutch Shell's second quarter profits dropped 72% due to lower oil prices and narrower refining margins, though the dividend was held steady despite a stonking 94% fall in earnings. Failing to match the strong performance of rival BP, Shell posted earnings attributable to sha
Read moreSector movers: Oil companies and airlines under pressure
25th Jul 2016 14:12
(ShareCast News) - London stock indices were held back on Monday as oil prices traded down towards their lowest levels in weeks. On the FTSE 100, Royal Dutch Shell and BP were lower as crude slumped below $44.00 on persistent oversupply concerns. Front-month Brent crude was down 1.4% to $45.03 b
Read moreSector movers: Real estate, Oil&Gas pace gains, mining down
19th Jul 2016 10:54
(ShareCast News) - Real estate investment trusts led to the upside despite the International Monetary Fund and European Commission's decision on Tuesday to take a knife - as might have been expected - to their forecasts for the British economy next year. In the case of the Washington-based
Read moreTuesday newspaper round-up: ARM, Trident, North Sea strike, Ofwat
19th Jul 2016 07:01
(ShareCast News) - One of the country's best-known entrepreneurs has raised fears that Britain's largest technology company will be milked for its cash after it is sold to SoftBank, of Japan, for £24.3 billion. Hermann Hauser, founder of Acorn Computers, the parent of Arm Holdings, has declared that
Read moreCapita bumps up forecast for 2016 dividends, mid-caps to take Brexit hit
18th Jul 2016 12:28
(ShareCast News) - The fall in sterling following Brexit would deliver an immediate boost to the value of companies' dividend payments but potential recessionary pressures would hit profits and dividends from UK-focused mid-caps hardest, Capita said in its second quarter 2016 Dividend Monitor. De
Read moreSunday newspaper round-up: Brexit, BoE, LSE, housebuilders, Rio Tinto, Go-Ahead
3rd Jul 2016 16:58
(ShareCast News) - A group of businesses is preparing a legal challenge to prevent the government from beginning Brexit negotiations without an act of parliament. The action, brought by law firm Mishcon de Reya, would potentially complicate Britain's path to leaving the EU, given that a majority of
Read moreShell to take "good look" at North Sea assets amid Brexit uncertainty
1st Jul 2016 13:58
(ShareCast News) - Due to continued low oil prices Royal Dutch Shell is taking a "good look" at its assets in the North Sea as it warns against Brexit uncertainty. Shell chief executive Ben van Beurden told BBC News on Friday that he would "have to take a good look at the more mature assets in the N
Read moreLife insurers, oil stocks boost indices
29th Jun 2016 18:40
(ShareCast News) - Life insurers jumped on Wednesday on the heels of positive broker comment and supportive remarks from some ex-officials regarding the fall-out, or not, for the sector as a result of Brexit. Prudential´s shares rallied after Barclays reiterated an 'overweight' rating and target pri
Read moreHigh-div stocks pace gains
16th Jun 2016 22:26
(ShareCast News) - Losses on the top flight index were contained by gains in shares of several of the most-reliable dividend payers on the London market, including the likes of BP, British American Tobacco and Royal Dutch Shell. Hence, a certain safe-haven bid, even within pound assets, appeared to
Read moreWednesday broker round-up
8th Jun 2016 13:18
(ShareCast News) - Hochschild Mining: UBS downgrades to neutral with a target price of 160p. Esure Group: JP Morgan keeps at overweight with a 330p target. Royal Dutch Shell: RBC reiterates outperform with a target price of 2000p and JP Morgan stays atneutral with a target price of 1630p. National
Read moreBroker tips: Shell, William Hill, WH Smith
8th Jun 2016 13:10
(ShareCast News) - Royal Dutch Shell shares gained on Wednesday after RBC Capital Markets lifted its target price on the stock to 2,000p from 1,9000 and reiterated an 'outperform' rating. The oil producer on Tuesday announced plans for more asset sales and cost-cutting over the next few years amid l
Read moreRBC lifts target price, reiterates 'outperform' on Shell
8th Jun 2016 09:02
(ShareCast News) - Royal Dutch Shell shares gained on Wednesday after RBC Capital Markets lifted its target price on the stock to 2,000p from 1,9000 and reiterated an 'outperform' rating. The oil producer on Tuesday announced plans for more asset sales and cost-cutting over the next few years amid l
Read moreA rising (oil) tide lifts all boats
7th Jun 2016 23:47
(ShareCast News) - Gains in shares of London-listed oil majors BP and Royal Dutch Shell, and oil stocks more generally, helped to keep the FTSE 100 and FTSE 350 in the green on Tuesday. Traders welcomed news that Shell had boosted its estimates for the cost savings it expected to reap from its merge
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