ADR REPORT: Shares Close Little Changed On Mixed Earnings
29th Jul 2010 21:55
By Emily Glazer Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed mixed Thursday as a handful of strong earnings reports clashed with disappointing revenue from utilities and consumer companies. The Bank of New York index of ADRs closed up 0.
Read moreFTSE 100 movers: Results push market higher
29th Jul 2010 14:30
A raft of good results has boosted Footsie today. Scientific journals and magazines publisher Reed Elsevier says advertising and promotion markets are stabilising as underlying revenues increased 1% in the first half. AstraZeneca's potential blockbuster heart drug Brilinta has received the backi
Read moreLondon afternoon: Footsie off the top
29th Jul 2010 14:28
The Footsie drifted lower over the lunch time session though still remained in positive territory, thanks in large part to enthusiastic responses to results from heavy hitters AstraZeneca, BT and Reed Elsevier. AstraZeneca is sharply higher. The group's potential blockbuster heart drug Brilinta has
Read moreSector movers: Media stocks move higher
29th Jul 2010 14:19
Updates from the media sector have been given an enthusiastic reception. Trinity Mirror is up more than 20%. A better advertising performance and a contribution from recent acquisition Guardian Regional Media sent first half profits climbing at the newspaper group. Underlying profits in the half -y
Read moreLondon midday: PartyGaming jumps on bwin merger
29th Jul 2010 11:57
Company results have given traders plenty to ponder and shares are broadly higher, but online betting group PartyGaming is the star performer after announcing a merger with Austrian rival bwin. PartyGaming said the merger would create the world's largest listed online gaming business. Elsewhere i
Read moreUPDATE: Reed Shares Soar As It Confirms Full-Year Guidance
29th Jul 2010 10:02
(Rewrites, adds share price detail, analyst comment) By Roberta B. Cowan Of DOW JONES NEWSWIRES AMSTERDAM (Dow Jones)--Shares in Anglo-Dutch publisher and events company Reed Elsevier PLC (REL.LN) soared Thursday after it reported better-than-expected first half results and reiterated
Read moreMARKET TALK: Reed Elsevier 1H Strong - ING
29th Jul 2010 09:58
0858 GMT [Dow Jones] ING analyst says Reed Elsevier (REN.AE) reported a generally strong set of numbers caused by strong performance from Elsevier, in-line growth from Lexis but weaker than expected margins and a stabilisation of Exhibitions and RBI with excellent cost control. Says although Reed is
Read moreMARKET TALK: Reed Elsevier 1H Exceeds Expectations -SNS
29th Jul 2010 08:49
0749 GMT [Dow Jones] Reed Elsevier (REN.AE) 1H earnings exceed expectations says SNS Securities. The brokerage particularly likes the good organic revenue growth and lower than expected margin pressure. SNS's analyst says he will raise his earnings estimates on the stock moderately. Hold rating, EUR
Read moreLondon open: Astra leads advance
29th Jul 2010 08:49
London's blue chips are cautiously higher in early dealings on Thursday as investors consider a bunch of corporate figures. AstraZeneca is the best performer in early dealings. The group's potential blockbuster heart drug Brilinta has received the backing of a US advisory panel just as the drug gia
Read moreMARKET TALK: Numis Raises Reed Elsevier Target On 1H
29th Jul 2010 08:38
0738 GMT [Dow Jones]--Numis ups Reed Elsevier's (REN.AE) target to 550p from 525p on the firm's better-than-expected interim results. Says Reed has world class assets, particularly in Scientific, but notes Numis' top down preference remains for groups, which offer more cyclical recovery potential. R
Read moreMARKET TALK: Reed Elsevier Is Making Progress -UBS
29th Jul 2010 08:25
0725 GMT [Dow Jones]--UBS says Reed Elsevier (REN.AE) is making progress with its 1H earnings with almost every unit, including EPS, organic revenue growth and Ebita, beating meaningfully. No upgrades, but no downgrades either, says analyst. Rates stock at buy. Shares +3.5% at EUR9.91. (roberta.cow
Read moreReed Elsevier 1H Revenue Down 2%, Keeps Outlook
29th Jul 2010 07:50
By Roberta B. Cowan Of DOW JONES NEWSWIRES AMSTERDAM (Dow Jones)--Reed Elsevier PLC (REL.LN) Thursday reported lower first half revenue but reiterated its full year outlook amid stabilizing advertising markets, but it remained cautious about the recovery. The Anglo-Dutch publisher said
Read moreReed Elsevier sees gradual recovery
29th Jul 2010 07:15
Variety magazine publisher Reed Elsevier said advertising and promotion markets are stabilising as underlying revenues increased 1% in the first half. The Anglo Dutch publishing firm said it had noted improved overall trading performance. For the six months ended 30 June adjusted operating profit
Read moreThursday preview: Shell, Astra, BSkyB ...
28th Jul 2010 16:54
Anglo-Dutch titan Royal Dutch Shell is the last of the major integrated oil companies to report in the current results season. Until the recent Gulf of Mexico oil spill debacle it had been languishing somewhat in the shadow of long time rival BP but the travails of its beleaguered rival has taken s
Read moreEARNINGS PREVIEW: Reed Elsevier 1H Rev, Oper Profit Seen Down
28th Jul 2010 12:53
Reed Elsevier PLC (REL.LN): 1H Earnings Due: July 29 at 0600 GMT Company Survey of 12 Analysts Average Revenue: GBP2.9Bln, down 5.2% (GBP3.06Bln in 1H 2009) Average adjusted operating profit: GBP700M, down 11% (GBP782M in 1H 2009) Average adjusted basic EPS: 19.5p a share, down 20% (24.5p in 1H 2009
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