RPS gives mixed trading update
3rd May 2012 09:56
Natural resources consultancy RPS says it is beginning to see benefits from moving into energy and infrastructure markets but is still seeing mixed results from the rest of the business. In the Energy division, clients' investment in conventional oil and gas exploration and production continued to
Read moreLondon open: Cautious start after yesterday's sell-off
11th Apr 2012 08:27
- Miners rebound after steep losses yesterday - Eyes on Spanish yields as industrial output slips - BT falls after downgrade The Footsie swung between gains and losses on Wednesday morning after closing at a four-month low the day before. The blue chip index lost 2.24 per cent on Tuesday to finish
Read moreBroker tips: RBS, RPS, Copper miners
16th Mar 2012 11:30
Royal Bank of Scotland had its rating upgraded by both UBS and Investec on Friday morning, lifting the shares up nearly three per cent early on. "We do not argue that the buy case for RBS is as compelling as it was back in November 2011 when ridiculous scare stories over capital and funding conspir
Read moreBroker snap: Peel Hunt raises target for RPS
16th Mar 2012 11:11
Peel Hunt has said it has 'increasing confidence' in environment and property consultancy RPS and reiterated its conviction buy rating on the stock following the group's full-year results last week. The outlook for 2012 looks reasonably good: in Energy (54% of 2011 profits), global E&P spend is exp
Read moreFriday broker round-up - UPDATE
16th Mar 2012 10:27
4imprint: Peel Hunt keeps buy rating and 345p target. Aegis: Nomura reiterates buy rating and 210p target; HB Markets upgrades from sell to hold. Antofagasta: Jefferies keeps hold and 1,214p target. Bunzl: Goldman Sachs downgrades from neutral to sell, target lifted from 940p to 988p. Diageo: Je
Read moreThursday broker round-up - UPDATE
8th Mar 2012 09:31
Admiral: Nomura raises target from 1,100p to 1,300p, buy rating kept; Collins Stewart ups target from 975p to 1,110p, hold rating kept; Credit Suisse reiterates outperform rating and 1,300p. Afren: UBS raises target from 140p to 150p, buy rating maintained. Amlin: Jefferies raises target from 317p
Read moreLondon close: Stocks rebound as Greek debt-swap looms
7th Mar 2012 16:35
-Greek debt-swap participation rate estimated at 58%. -Greek government confident of achieving rate of at least 75%. -Admiral surges after full-year results. London's blue chips bounced back today, following yesterday's sharp selling, with investors now looking to tomorrow's Greek debt-swap deadlin
Read moreFTSE 250 movers: Cobham up after divi hike
7th Mar 2012 15:19
Cobham was top of the the pops today after hiking its dividend and receiving some positive comments from broker Jefferies, which said its full-year results appear 'robust and encouraging'. Basic pre-tax profit jumped 24% from £189m to £234m, while the underlying pre-tax profit rose 7% from £306m t
Read moreLondon midday: Stocks edge higher, markets await Greek debt-swap
7th Mar 2012 11:25
- Admiral jumps 11% as outlook improves. - BATS, CRH, Serco down after going ex-dividend. - Markets await the Greek debt-swap deadline. Following a shaky start, London's FTSE 100 index looked to have found its direction by midday, trading three tenths of a percent point higher following the sell-of
Read moreLondon open: Ex-div stocks offset a surging Admiral
7th Mar 2012 08:34
- Admiral surges 11 percent on full-year results. - Ex-div stocks provide a drag. - Greek debt-swap deadline looms. Following the 2.8 percent tumble over the last three days, the Footsie opened broadly flat on Wednesday ahead of tomorrow's deadline for the Greek debt-swap. A surge in the share pric
Read moreWednesday broker round-up - UPDATE
7th Mar 2012 08:33
John Wood: HSBC downgrades to underperform from neutral. Aquarius Platinum: Panmure Gordon upgrades to buy from sell. Lonmin: Panmure Gordon upgrades to buy from sell. Admiral: Nomura maintains buy rating and 1,100p target. Anglo American: AlphaValue upgrades to buy from add and lowers pri
Read moreLondon pre-open: Yesterday's losses set to continue
7th Mar 2012 07:28
City sources predict the FTSE 100 will open down four points from yesterday's close of 5,766, continuing the pattern of the previous session which saw the index plunge two percent, or 109.2 points, on concerns over Greek debt and a worsening global economic outlook. Banking titan HSBC's sale of p
Read moreRPS to grow profits in 2012 despite Eurozone pressures
7th Mar 2012 07:14
It was the firm's activities in the energy sector, largely outside the troubled Eurozone, which ensured RPS Group, the acquisitive development, environmental and energy resources consultancy, grew profits in 2011. The group noted that more than two-thirds of its underlying profit is now earned outs
Read moreTuesday broker round-up - UPDATE
7th Feb 2012 10:14
Shire: Goldman Sachs reiterates 'conviction buy.' Misys: Berenberg Bank downgrades to hold from buy. BP: Nomura maintains neutral rating and 500p target. Cairn: UBS ups target from 291p to 370p, neutral rating kept; Credit Suisse ups target from 357p to 369p, neutral rating kept. Rio Tinto: Cred
Read moreLondon open: Stocks fall as Greek talks drag on
27th Jan 2012 08:20
UK stocks slipped in early trading on Friday, giving up some gains made yesterday on the back of the post-Fed rally, as focus again returns to Greece with talks over the debt swap continuing to weigh on investors' minds. Both sides taking part in the negotiations over the degree of private sector i
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