Asian business supports modest growth at patent translator RWS
13th Dec 2012 10:46
Patent translation and intellectual property support services provider RWS has posted modest growth in revenue for the financial year ending September 30th 2012. Group revenue rose to £68.8m compared to £65.4m year-on-year. Gross profit rose marginally to £29.2m from £28.5m a year earlier. Profit f
Read moreThursday broker round-up UPDATE
13th Dec 2012 07:22
Advanced Medical Solutions: Investec reduces target price from 93p to 68p and downgrades from buy to hold. Numis downgrades to hold, while maintaining the target price at 165p. Canaccord Genuity moves target price from 93p to 90p and retains a buy recommendation. Anglo American: JP Morgan moves tar
Read moreRWS hedges against euro
12th Oct 2012 17:36
Patents translations specialist RWS Holdings said trading at the tail end of its financial year continued in line with expectations, but exchange rate movements have not been helpful. On a constant currency basis, RWS will achieve at least a 7.7 % increase in revenues to around £70m in the year to
Read moreLondon close: Stocks edge higher as markets digest central bank action
5th Jul 2012 16:38
- BoE ups QE; ECB and PBoC cut rates - Concerns over Chinese growth dampen sentiment - GKN rockets after acquisition, trading update, placing After a subdued morning, markets were choppy in afternoon trade on Thursday as investors took in major policy decisions by central banks in the UK, Europe an
Read moreThursday broker round-up
7th Jun 2012 09:23
Barclays: Deutsche Bank retains buy rating and 295p target. Burberry: Credit Suisse upgrades to outperform, target lifted from 1,420p to 1,650p. Centamin: Nomrua upgrades from neutral to buy, target lifted from 100p to 130p. Circle Oil: Investec cuts target from 90p to 86p, buy rating maintained.
Read moreThings patently better at RWS
7th Jun 2012 09:18
Patent translation and search services provider RWS has seen a recent pick-up in its order book, underlining its confidence for the full year. The company's revenue at the half-way stage were 4% ahead of the year before, with sales for the six months to March 31st coming in at £33.7m versus £32.4m
Read moreRWS sees slight increase in first-half revenue
10th Apr 2012 07:53
Intellectual property support services group RWS Holdings expects first-half revenue to be just slightly ahead of the same period the year before, held back by a continued weak performance in Berlin. Revenue in the six months to March 31st 2012 is expected to be £33.5m, compared with £32.4m the yea
Read moreMonday broker round-up - UPDATE
13th Feb 2012 09:08
SAB Miller: Credit Suisse initiates at outperform and with a price target of 2,900p. Lloyds: Nomura downgrades from neutral to reduce, cuts target from 40p to 35p. Royal Bank of Scotland: Nomura downgrades from neutral to reduce, cuts target from 34p to 26p. Barclays: Nomura downgrades from buy
Read moreWednesday broker round-up - UPDATE
14th Dec 2011 10:09
Tesco: ING downgrades to sell from buy. Marks&Spencer: ING downgrades to sell from hold. Morrison: ING upgrades from hold to buy. Rio Tinto: Credit Suisse reiterates outperform recommendation and 5,000p target. London Stock Exchange: Credit Suisse upgrades from underperform to neutral, 850p tar
Read moreRWS shrugs off tough trading conditions
14th Dec 2011 07:52
Intellectual property support services firm RWS said it overcame challenging market conditions to post an 11% rise in half year pre-tax profit and said it is well placed to deliver continued progress during 2012. The group, which provides technical translations, said sales increased by 8% to £65.4
Read moreThursday newspaper tips: BAE, Speedy Hire, Rockhopper
13th Oct 2011 06:34
Since exiting the passenger jets market some years ago, BAE has been an entirely defence-focused business. Today, about half the workload comes from the UK military and about a fifth from the UK defence establishment. This is not a good place to be; last month the company announced about 3,000 job l
Read moreWednesday tips round-up: Ladbrokes, RWS, Croda...
12th Oct 2011 07:02
When it comes to mergers and acquisitions Ladbrokes is starting to look a bit like the Grand Old Duke of York; the bookmaker marches its way to the top of the hill then marches back down again, according to the Investment Column in the Independent. First it was 888 Holdings and more recently Sportin
Read moreRWS buys stake in US patent firm for $5.8m
11th Oct 2011 08:01
Intellectual property support services firm RWS has acquired a one third interest in US patent filing solutions provider inovia Holdings for $5.8m, and signed an agreement to buy up the remaining share capital. Including the initial payment, the total cash consideration totals $31.2m, with the rema
Read moreThursday tips round-up: BHP Billiton, RWS, Sports Direct
21st Apr 2011 06:34
So far, the Independent has been pretty bullish on the big diversified mining groups. BHP Billiton in particular has stood out, boasting not just an enviable exposure to key commodities such as iron ore and coal, but also one of the strongest balance sheets in the sector. BHP's balance sheet, and it
Read moreTuesday tips round-up: Rexam, RWS, Weir
12th Apr 2011 06:28
The packaging company Rexam highlighted the scale of its ambition in Brazil yesterday by unveiling plans for a new beverage plant in the country's northern region. Brazil is just one part of the recovery story at Rexam, which has around a 100 plants in more than 20 countries, following a slump durin
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