Thursday broker round-up UPDATE
13th Jun 2013 07:01
African Barrick Gold: Citi moves target price from 175p to 124p and maintains a sell recommendation. ASOS: Nomura raises target price from 2970p to 3400p keeping a neutral rating. Exane increases target price from 4200p to 5000p and retains its outperform rating. Citi ups target price from 4400p to
Read moreWednesday broker round-up UPDATE
3rd Apr 2013 08:41
Aggreko: Credit Suisse takes target price from 1850p to 2000p staying with its neutral rating. Andor Technology: Investec ups target price from 500p to 525p reiterating a buy recommendation. AngloAmerican: Credit Suisse cuts target price from 2100p to 1900p and reiterates a neutral rating. Antofa
Read moreM&C Saatchi sees full year in line, eyes further growth
4th Feb 2013 07:47
Advertising agency M&C Saatchi said it expects profit for the financial year 2012 to be in line with expectations and anticipates further progress in the current financial year. In the last six months the group has signed up new clients including Ballantine's, Centre Parcs, National Trust, Harveys,
Read moreM&C Saatchi boosted by new business wins
20th Sep 2012 07:56
Advertising agency M&C Saatchi revealed a 13 per cent increase in half year pre-tax profit, driven by a string of new contract wins. M&C Saatchi, whose clients include O2, Intercontinental Hotels, Twitter and Virgin Holidays, said profit rose to £8.7m for the six months to end of June 2012 while re
Read moreM&C Saatchi confident for full year
14th Jun 2012 08:01
Shares of advertising agency M&C Saatchi rose after it said it had made a good start to 2012 and it remains on track to fulfil expectations for the year. In March the group revealed a 22% increase in annual revenue, underpinned by robust UK performance. The agency, formed by brothers Maurice and
Read moreUK market fuels M&C Saatchi growth
20th Mar 2012 07:16
Advertising agency M&C Saatchi revealed a 22 per cent hike in annual revenue, helped by robust UK performance. The UK accounts for over 40% of total revenue and nearly 60% of pre-tax profit. "We are reaping the benefits of our growing global network and the roll-out of our growth specialist busine
Read moreThursday tips round-up: Imperial Tobacco, M&C Saatchi, St Ives
22nd Sep 2011 06:26
Shares in Imperial Tobacco have lost almost 10% of their value since mid-May, mainly because of fears of a price war in Spain. The good news yesterday was that the war ? Imperial prefers the word "skirmish" ? is over. The shares, up 10p to £20.12½, are yielding 4.7 per cent for the current year, whi
Read moreM&C Saatchi rolls out 24% profit rise
21st Sep 2011 10:31
Advertising firm M&C Saatchi reported a stronger than expected 24% increase in first-half profit after winning a string of multi-national clients. The agency posted a profit before tax of £7.7m for the six months ended 31 June from £6.3m in 2010. Revenue rose 23% to £71.9m. Chief executive David K
Read moreFriday tips round-up: Premier Oil, M&C Saatchi, Ted Baker...
25th Mar 2011 06:51
Premier Oil's 2009 purchase of Oilexco looks like an increasingly lucky deal as each day passes. It brought some useful assets, at a time when the oil price was $40 a barrel. It brought $1.2bn of tax losses that mean Premier is a long way off paying tax in the UK. Premier shares are close to the to
Read moreM&C Saatchi completes global network
24th Mar 2011 17:47
Though advertising agency M&C Saatchi remains cautious about the macro environment it is looking forward to a solid 2011, with the revenue momentum built up through 2010 continuing into the current year. Billings rose to £464.0m in 2010 from £370.8m the year before. Revenue was up 21% to £125.1m fr
Read moreM&C Saatchi Sees FY Trading In Line Co Views
10th Jun 2010 14:43
LONDON (Dow Jones)--M&C Saatchi PLC (SAA.LN), said Thursday that it had a good start in 2010 and the company's performance for the full year remains in line with its expectations. MAIN FACTS: -Trading and visibility continues to be challenging, although it believes it has seen some positive
Read moreFriday tips round-up: 3i, Evolution, Premier Oil
26th Mar 2010 06:40
Analysts are waiting until March's numbers from 3i before looking at the net asset value of the portfolio. There should be further room for share price growth as the performance of its portfolio companies improves with the wider economy. The question is how much. A tentative buy says the Independen
Read moreFriday paper round-up: Rail strikes, Greece, Budget
26th Mar 2010 06:33
Millions of passengers will be hit by the first national rail strike for 16 years when workers begin a four-day walkout immediately after Easter. Signallers, maintenance workers and supervisors will strike from April 6 in a row over job losses and changes to working practices unless a last-minute d
Read moreFriday tips round-up: M&B, LSE, M&C Saatchi
25th Sep 2009 06:40
Yesterday's full-year trading update, pointing to earnings slightly above market forecasts, had all the characteristics that investors have come to expect from Mitchells & Butlers: a rock-solid operational performance underpinned by a tight grip on costs, resulting in resilient margins and strong ca
Read moreLondon close: US data sinks Footsie
24th Sep 2009 16:46
Footsie turned down sharply in the last couple of hours of trading as US shares retreated on weak home sales and lower commodity prices, especially oil. Property companies led the UK lower after Canary Wharf property owner Songbird announced it would issue 62bn shares at a penny each as part of a
Read more