FTSE 100 movers: Sage Group biggest riser after annual results
4th Dec 2013 14:16
Sage Group topped the FTSE 100 on Wednesday despite reporting a drop in annual operating profits. "The fall in profit was due to a charge of £188.2m relating to non-core disposals, therefore without this exceptional charge, the firm actually recorded a pretax profit of £360.5m," Spreadex trader Lee
Read moreLondon midday: Investors brace for upcoming US data releases
4th Dec 2013 12:08
- Fed Beige Book and US ISM services figures ahead - Traders brace for Friday's US jobs report - Sage races ahead techMARK 2,652.09 +0.44% FTSE 100 6,528.83 -0.06% FTSE 250 15,158.24 +0.03% The Footsie spent the first half of the session flittering in and out of the blue, as traders continued to
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreLondon open: FTSE creeps higher, driven by Sage Group
4th Dec 2013 08:41
- FTSE edges higher - Focus on Friday's US jobs report - Sage races ahead techMARK 2,652.09 +0.44% FTSE 100 6,528.83 -0.06% FTSE 250 15,158.24 +0.03% The FTSE inched higher in early trading, as expected, ignoring declines in both the US and Asia as Sage Group drove the top tier index higher with
Read moreLondon pre-open: FTSE to inch back into positive territory
4th Dec 2013 07:27
City sources predict the FTSE 100 will open around four points higher than yesterday's close of 6,532.43, marking a small reversal to yesterday's heavy losses which pushed the FTSE 100 to a seven-week low as weakness in the mining and financial sectors weighed heavily. Despite data earlier in the s
Read moreSage's annual profits fall after disposals
4th Dec 2013 07:08
- Pre-tax profit flat, revenue rises - Exceptional charge due to disposals - Dividend raised six per cent - Revenue growth of six per cent forecast for 2015 Sage Group's annual pre-tax profit was broadly flat at 164.1m pounds, reflecting the cost of non-core disposals. In the year ended September
Read moreMonday broker round-up UPDATE
25th Nov 2013 08:00
African Barrick Gold: Goldman Sachs ups target price from 110p to 140p, but still recommends selling. Alternative Asset Opps: Westhouse Securities initiates with a buy recommendation. Amino Technology: Northland Capital cuts target price from 110p to 100p and downgrades from buy to hold. Asian Pl
Read moreSage appoints Steve Hare as new CFO
11th Nov 2013 07:28
Business management and accountancy software giant Sage has named Steve Hare, an Operating Partner at private-equity investment group Apax Partners, as its new Chief Financial Officer (CFO). He replaces Paul Harrison, who announced his intention to leave the firm back in May for California-based WA
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreBBA Aviation CEO sells 85,000 shares
16th Sep 2013 16:28
BBA Aviation Chief Executive, Simon Pryce, on Friday traded in 85,000 shares, reducing his stake in the FTSE 100 group to 989,720. Pryce sold the shares at 321.26p each, pocketing £273,070. The transaction was made less than a week after the company said talks had ended with Dubai Aerospace Enter
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreThursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreLondon close: Markets choppy after US data, Putin comments
6th Sep 2013 16:29
A disappointing US jobs report and comments from Vladimir Putin sparked a choppy end to trade on Friday, resulting in meagre gains on the FTSE 100 as risk appetite was scaled back before the weekend. The FTSE 100 ended the day up just 14.89 points at 6,547.33, a rise of 0.23%. Still, this was the h
Read moreLondon midday: Markets rangebound ahead of US jobs report
6th Sep 2013 11:29
The FTSE 100 was rangebound on Friday morning as traders scaled back their appetite for risk ahead of the US jobs report due out this afternoon. London's benchmark index was trading far off Thursday's close of 6,532.4 with just 21 points separating its intraday low (6,520) and high (6,541). "We'r
Read moreFriday broker round-up UPDATE
6th Sep 2013 08:01
Antofagasta: Canaccord Genuity lowers target price from 1035p to 1020p, while leaving its buy recommendation unchanged. Ashmore Group: Canaccord Genuity downgrades from buy to hold with a target price of 380p. Associated British Foods: Societe Generale upgrades to hold with a target price of 1900p
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