Directors dealings: Regus finance chief picks up shares despite poor technical backdrop
4th Nov 2016 16:42
(ShareCast News) - Regus's finance chief, Dominik de Daniel, picked up a large batch of stock despite the shares' daunting technical aspect. Dominik bought 173,000 shares on 4 November at an individual price of 239.7p for a total amount of £414,684.60, Regus said in a statement. The provider
Read moreRegus to set up Swiss holding company outside EU
3rd Nov 2016 07:52
(ShareCast News) - Workplace provider Regus is to set up a new holding company outside the EU in Switzerland called International Working Group as part of its plan to provide work solutions across multiple brands. The new holding company will be incorporated in Jersey but have its headquarters in Sw
Read moreRegus CEO places 37m shares
20th Sep 2016 09:01
(ShareCast News) - Mark Dixon, the founder and chief executive officer of flexible workspace provider Regus is selling 37m shares, equivalent to a 4% stake in the company, in an accelerated bookbuild. The shares are being placed at 275p each, with JPMorgan Cazenove acting as sole bookrunner. The pla
Read moreCanaccord Genuity cuts Regus target price on uncertainty in UK
15th Aug 2016 10:50
(ShareCast News) - Analysts at Canaccord Genuity cut their target price on Regus's shares to reflect part of the risk arising from their worst case scenario for the UK market. The flexible workspace provider's business model was highly sensitive to the macroeconomic health of its markets, analysts M
Read moreWednesday newspaper share tips: Regus, Standard Life
10th Aug 2016 12:41
(ShareCast News) - Regus appears to be on to something with its flexible business model and markets have caught on, the Financial Times´s Lex column said. Its stock was trading near its 2016 high on a price-to-earnings multiple of close to 25. The real estate firm not only owns its properties,
Read moreNumis downgrades Regus, says shares 'up with events'
10th Aug 2016 11:44
(ShareCast News) - Regus slumped on Wednesday, suffering a second day of losses as Numis downgraded its stance on the stock to 'hold' from 'buy' following the company's first-half results, saying the shares are up with events. The FTSE 250 workspace provider said on Tuesday that first-half profit ro
Read moreRBC upgrades Regus after underperformance
25th May 2016 12:04
(ShareCast News) - Flexible workspace solutions provider Regus got a boost on Wednesday as RBC Capital Markets upped the stock to 'outperform' from 'sector perform' and lifted the price target to 400p from 300p. The Canadian bank said the stock's recent underperformance was a good buying opportunity
Read moreDirector dealings: Regus's boardroom banker buys stock
19th May 2016 15:46
(ShareCast News) - Regus director François Pauly has picked up shares in the flexible office provider not long after a strong first-quarter trading statement. Independent non-executive director François Pauly, a European banker who has been on the board since last May, spent £36,342 on Thursday buyi
Read moreRegus posts rise in Q1 revenue, confident over full year
3rd May 2016 07:32
(ShareCast News) - Regus, a provider of flexible workspace solutions, said it expects to deliver full-year results in line with management's views as it reported "good trading" in the three months to the end of March. The FTSE 250 company said group revenue rose to £532.5m from £452.3m in the first
Read moreLondon pre-open: Stocks seen higher on upbeat US cues
3rd May 2016 07:28
(ShareCast News) - London stocks were expected to open in the black on Tuesday, taking their cue from a positive session in the US as traders return to their desks following the long bank holiday weekend. The FTSE 100 was seen opening 28 points higher than Friday's close at 6,270. On the data front
Read moreDirector dealing: Paddy Power co-founder cashes in some shares
14th Mar 2016 14:49
(ShareCast News) - Directors in the newly merged Paddy Power Betfair (PPB) continue to take profits after the sealing of the deal. Following the sale by group chief executive Breon Corcoran last week, Paddy Power co-founder Stewart Kenny pocketed almost €2.6m after selling 27,000 shares at €120.38
Read moreRegus profits and returns impress
1st Mar 2016 12:39
(ShareCast News) - Regus reported strong growth for calendar 2015, with returns up and earnings surging over 40% in a year when 554 new locations were added. Underlying operating profit surged 37% to £144.8m on revenues that were up 15.9% on the previous year at £1.93bn. Mature centre revenue was u
Read moreThursday broker round-up
10th Dec 2015 15:52
(ShareCast News) - Anglo American: Nomura slashes target from 780p to 370p but reiterates reduce. Royal Mail: Morgan Stanley stays at buy with 420p target price. Enquest: Canaccord Genuity lowers target from 30p to 25p but keeps at hold. Entertainment One: JP Morgan reiterates overweigh and nudges
Read moreRegus third quarter revenue rises despite FX headwinds
3rd Nov 2015 08:04
(ShareCast News) - Workplace provider Regus reported a rise in third-quarter revenue and said it remains confident in the outlook for the business. For the three months to 30 September, group revenue rose to £478.8m from £413.6m in the same period last year, despite currency headwinds. For the nine
Read moreLondon pre-open: CEBR pushes back forecast for first rate rise
28th Sep 2015 07:21
(ShareCast News) - Equities were expected to start the week slightly lower, weighed down by the mixed close to US trading on Friday, ahead of speeches from several Fed speakers and the latest US non-farm payrolls reports looming large on the horizon. The Footsie was seen starting the day about 26 po
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