London pre-open: FTSE to edge higher ahead of GDP reports
26th Sep 2013 07:35
City sources predict the FTSE 100 will open up around six points from Wednesday's close of 6,551.53, ahead of the release of UK and US gross domestic product later today. Britain's economic growth for the second quarter is expected to hold steady, according to forecasts ahead of figures released l
Read moreRPS acquires UK consultancy firm - UPDATE
26th Sep 2013 07:00
FTSE 250 group RPS has acquired IChron, a UK-based consultancy providing geological and training services to the international oil and gas sector, to further its capability in its established and growing consultancy markets. RPS is acquiring the entire share capital of Ichron for a maximum total c
Read moreTuesday broker round-up UPDATE
20th Aug 2013 08:26
AMEC: Liberum Capital cuts target price from 1135p to 1120p and reiterates a hold recommendation. BAE Systems: Investec increases target price from 370p to 450p upgrading from hold to add. Bovis Homes Group: Deutsche Bank shifts target price from 900p to 901p and keeps a buy recommendation. Citi r
Read moreLondon pre-open: Lower start expected after sell-off on Wall Street
16th Aug 2013 07:28
Sharp losses on Wall Street last night are expected to translate into a poor start on the FTSE 100 on Friday morning as concerns about the tapering of US stimulus continue to dent investor confidence. City sources predict the FTSE 100 will open down 10 points from yesterday's close of 6,483.34.
Read moreRPS acquires HMA Land Services
16th Aug 2013 07:03
Energy resources and environmental consultancy RPS Group is buying HMA Land Services, a Canadian consultancy which provides services for linear infrastructure projects. RPS is paying C$18.7m, including the repayment of C$6.4m of debt, for the firm. HMA provides consultancy and project management s
Read moreLondon close: Stocks fall for fourth straight day
7th Aug 2013 17:00
The FTSE 100 finished in the red for the fourth straight day on Wednesday as worries over a withdrawal of stimulus in the US and an underwhelming statement from the Bank of England (BoE) dampened sentiment. Comments from a number of Federal Reserve officials and the ongoing improvement in US econom
Read moreRPS Group raised dividend 15 per cent as half-year profits rise
1st Aug 2013 14:53
RPS Group, a consultancy for natural resources, land and property, environment and health and safety sectors, reported a rise in pre-tax profits for the first half on higher revenues. Pre-tax profit climbed to £21m in the first six months from £19m for the same period a year ago as revenue increase
Read moreRPS acquires Asia-Pac oil-spill specialist
18th Jul 2013 07:17
Energy and environment consultant RPS Group has bolstered its oceanographic services with an Asia-Pacific acquisition and suggested further group purchases are to follow. The FTSE 250 company has agreed a fee of up to 8.7m Australian dollars (A$) in cash to buy Asia-Pacific ASA (APASA), a firm conn
Read moreFriday broker round-up UPDATE
14th Jun 2013 08:15
Amlin: UBS starts with a target price of 400p and a neutral rating. Cairn Energy: JP Morgan takes target price from 320p to 340p maintaining a neutral rating. Catlin: UBS initiates with a target price of 475p and a neutral rating. Chemring: Credit Suisse increases target price from 210p to 260p a
Read moreWednesday broker round-up UPDATE
22nd May 2013 09:37
Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation. Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation. Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.
Read moreTuesday broker round-up UPDATE
7th May 2013 07:18
Admiral Group: JP Morgan reduces target price from 1246p to 1108p downgrading to underweight. Afren: Deutsche Bank lowers target price from 165p to 150p, while leaving its buy recommendation unchanged. Investec ups target price from 138p to 160p and upgrades from hold to buy. Betfair Group: Numis
Read moreLondon close: Stocks gain after ECB rate cut, US data
2nd May 2013 16:32
After a subdued start, the FTSE 100 ended Thursday's session in a volatile fashion as traders digested an underwhelming interest-rate cut from the European Central Bank (ECB), comments from Mario Draghi and better-than-expected economic data from the States. The ECB did what was expected at midday
Read moreFTSE 250 movers: Imagination Technologies hit by profit warning
2nd May 2013 16:05
Chip maker Imagination Tech plummeted after warning that profits would fall below expectations after delays to several deals hit licensing revenues. Multinational energy and environmental consultancy company RPS Group also fell sharply after saying that a slowdown in investment in resource project
Read moreLondon midday: Markets subdued as eyes turn to ECB
2nd May 2013 11:18
Markets were trading within a narrow range on Thursday as traders refrained from taking risk ahead of a potential rate cut from the European Central Bank (ECB) this afternoon. The consensus forecast is for a 25 basis-point cut in the ECB's key lending rate (the 'refi' rate) from 0.75% to 0.5%, give
Read moreRPS Group on track to deliver growth this year
2nd May 2013 09:02
Multinational energy and environmental consultancy company RPS Group said it expects first half results to be in line with the previous year. While the group experienced a slowdown in resource investments in the Australia, Asia Pacific region, the energy business remains on track to deliver growth
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