Tuesday newspaper share tips: SVG Capital, Royal Dutch Shell
4th Oct 2016 15:15
(ShareCast News) - Harbourvest's offer for SVG Capital undervalues the company by such a wide margin that new bidders are likely to appear, The Times's Tempus said. Hence, investors should await further developments before acting, the tipster mused. SVG offered 650p a share in cash, well below the
Read moreWednesday broker round-up
28th Sep 2016 12:15
(ShareCast News) - Close Brothers Group: Barclays reiterates overweight with a target price of 1500p. Royal Dutch Shell: HSBC keeps at buy, 2050p target. William Hill: Deutsche Bank keeps at buy with a 390p target. The Restaurant Group: Berenberg reiterates hold with a 350p target. Astrazeneca: D
Read moreTuesday broker round-up
27th Sep 2016 13:05
(ShareCast News) - Vodafone: HSBC reiterates buy with a target price of 280p. Melrose: UBS upgrades to buy, 200p target. Marks & Spencer: Deutsche Bank keeps at hold with a 350p target. Shire: Berenberg reiterates buy with a 5800p target. Next: Deutsche Bank keeps at buy with a 5950p target. Llo
Read moreWednesday broker round-up
7th Sep 2016 10:31
(ShareCast News) - Centrica: Goldman Sachs downgrades to sell with a target price of 213p. Ashmore: Barclays maintains underweight with a 270p target. Aviva: UBS upgrades to buy with a 505p target. Polymetal: Berenberg reiterates buy with a 1200p target. SSE: Goldman Sachs keeps at neutral with a
Read moreCiti still sees value in Big Oil
6th Sep 2016 12:41
(ShareCast News) - Big Oil still offered value for investors, analysts at Citi said. Their value screens pointed to 25% absolute upside and potentially more in relative terms as investors hunted for yield. In their opinion, most companies in the space were capable of achieving notional break-even -
Read moreSector movers: Big Oil, Industrial Metals pace gains on heels of G-20
5th Sep 2016 15:21
(ShareCast News) - Big Oil again lent its heft to the market´s advance after Russia and Saudi Arabia unveiled an agreement to collaborate in the energy space. In a statement issued at the Group of 20 meeting in Hangzhou,China the oil producers said they would set up a working group to monitor the ma
Read moreSector movers: Interest rate-sensitive issues pace gains
2nd Sep 2016 16:11
(ShareCast News) - The safest and highest dividend-paying stocks paced gains on the market at the end of the week, as a weaker-than-expected US jobs report for August reaffirmed some economists´ view that the US central bank was unlikely to hike interest rates come September. Thus, it was the likes
Read moreSector movers: Vodafone weighs on mobile telecoms
1st Sep 2016 21:10
(ShareCast News) - News that CK Hutchison Holdings and VimpelCom had won European Union approval to merge, in the process creating Italy´s biggest wireless telecommunications provider, sent stock in Vodafone sharply lower and its sector gauge with it. Vodafone´s own unit in that Mediterranean countr
Read moreSector movers: Mining, Big Oil race to the top
26th Aug 2016 17:53
(ShareCast News) - Mining raced to the top of the leaderboard on Friday, boosted by an initial burst of volatility in global capital markets after Yellen's speech that saw the US dollar dip and commodity prices gain. Nevertheless, just after the closing bell in London rang US short-term rates change
Read morePetro Matad's Shell affiliate farm-out exit fee contributed to H1 profit
26th Aug 2016 10:00
(ShareCast News) - Mongolian oil explorer Petro Matad reported that the farm-out exit fee received from Royal Dutch Shell's affiliate contributed to the company's interim half year profit. For the six months ended 30 June, the company reported an interim profit of $100,000 in comparison to a $1.74m
Read moreLondon close: Stocks taper as sterling, commodity prices lose traction
19th Aug 2016 16:08
(ShareCast News) - UK stocks whimpered to a lower close on Friday as sterling lost traction on renewed Brexit fears and commodity prices headed south. The spectre of the Lisbon Treaty's Article 50 rose once more, following a media report that claimed UK Prime Minister Theresa May was sympathetic to
Read moreIraq agrees deals with BP and Shell to restart shelved projects, report says
11th Aug 2016 10:00
(ShareCast News) - Iraq and a group of major oil companies including BP and Royal Dutch Shell have agreed to resume production of several development projects in the country that had been mothballed due to low oil prices, reports revealed on Thursday. Iraq oil officials have come to agreements with
Read morePetro Matad reaches $10m settlement with Shell's Mongolian affiliate
5th Aug 2016 13:13
(ShareCast News) - Petroleum explorer Petro Matad's reached a $10m settlement with Shell's affiliate BG Mongolian Holdings (BGMH). The Mongolian miner reported that Shell's BGMH will pay a farm-out arrangement exit fee of over $10m as well as a further $5m. In June, Petro Matad's affiliate Central
Read moreSector movers: Tug of war between Big Oil, miners
1st Aug 2016 16:16
(ShareCast News) - Shares in the oil majors proved a drag for the Footsie on Monday after Saudi Arabia over the weekend announced a steep cut in the price of its cargoes for export to Asia. On Sunday, Saudi Aramco, the Middle Eastern Kingdom´s state-owned oil company cut its price for shipments of A
Read moreShell pipeline attacked in Nigeria
1st Aug 2016 15:57
(ShareCast News) - A pipeline owned by an affiliate of Royal Dutch Shell was reportedly attacked by suspected militants in Nigeria's Delta. Reuters reported there was a blast at the Trans Ramos Pipeline, a Shell joint venture with the Shell Petroleum Development company (SPDC), near Odimodi in th
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