6th Apr 2016 14:37
(ShareCast News) - Electrocomponents: Credit Suisse upgrades to neutral with a target price of 250p. Telecom Plus: Berenberg Bank downgrades to hold, 250p target. Informa: Berenberg Bank maintains hold with a target price of 725p. ITV: Credit Suisse reiterates outperform with a target price of 310
Read more27th Jan 2016 14:08
(ShareCast News) - After a turbulent day, the FTSE 100 was up 12.72 points (0.22%) by mid-afternoon Wednesday to 5,924.18. Sage led the market after posting an increase in first quarter revenues, driven by strong software subscription revenue. It saw group organic revenue for the three months to 31
Read more27th Jan 2016 10:43
(ShareCast News) - Shore Capital reiterated its 'buy' rating on Royal Bank of Scotland after the bank reported a surprise hit to its balance sheet as part of a clean-up plan. In an unscheduled trading update, RBS confirmed it would make a loss for 2015 and announced a large clean-up in the fourth qu
Read more27th Jan 2016 10:06
(ShareCast News) - Sage´s first quarter management statement contained both positives and negatives and with the stock trading at a slight premium to its sector Panmure Gordon reiterated its recommendation to 'hold'. On the upside, the business software provider reiterated its fiscal year guidance a
Read more27th Jan 2016 07:15
(ShareCast News) - Sage's first quarter revenues were up, driven by strong software subscription revenue. The FTSE 100 company saw group organic revenue for the three months to 31 December rise 6.6%. Organic recurring revenue grew by 10.4%, with a 35.7% rise in software subscription revenue. Howev
Read more11th Jan 2016 14:13
(ShareCast News) - The FTSE 100 continued to bounce around on Monday, with the market up 6.36 points (0.11%) to 5,918.80 points by mid-afternoon. On a day of lacklustre metals trading, with key commodities down halfway through the afternoon session, investors took to heart news that Anglo American i
Read more11th Jan 2016 13:50
(ShareCast News) - Software supplier Sage got a boost after Bank of America Merrill Lynch upgraded the stock to 'buy' from 'underperform' and lifted the price target to 660p from 400p. "We think CEO Kelly is building a better business than he inherited - through investment in product and go to marke
Read more3rd Dec 2015 11:38
(ShareCast News) - Fears that BT may be forced to sell its infrastructure arm have been overdone, according to The Telegraph's Questor. Sharon White, the head of Ofcom, told the BBC earlier this week that it is looking at four options to for the FTSE 100 telco as it plans to merge with mobile phone
Read more2nd Dec 2015 07:27
(ShareCast News) - Software company Sage Group said strong growth in recurring revenue helped to drive an 8% rise in organic group full year operating profits to £380m. However, statutory figures reflected the impact of currency fluctuations in Sage's key markets of Europe, the US and Brazil, with o
Read more20th Sep 2015 15:08
(ShareCast News) - Dairy Crest shares are worth buying, said Danny Fortson in the Sunday Times' Inside the City column. Investors are currently awaiting a Competition & Markets Authority decision on 19 October whether to allow Dairy Crest to sell its dairy business, roughly two thirds of group sales
Read more28th Aug 2015 07:53
(ShareCast News) - UK accounting software firm Sage Group said a lawsuit brought against it by Archer Capital has been thrown out. The lawsuit followed Sage's abandoned takeover of MYOB, which Australian private equity firm Archer Capital had owned. In a statement, Sage said it had received a judgm
Read more26th Aug 2015 12:40
(ShareCast News) - Greene King's chief financial officer Kirk Davis has bought 4,000 shares in the pub operator at 821p per share. Davis, previously finance director at JD Wetherspoon, became CFO of the company in October 2014. Shares were down 1.4% at 812.50p at 1522 BST on Wednesday. Meanwhile,
Read more22nd Jul 2015 14:40
(ShareCast News) - London markets edged lower on Wednesday after the Bank of England's rate-setting meeting had investors fretting about inflation risks. As of 15:00, the FTSE 100 was trading 1.4% lower at 6,672. Leading the fallers was ARM Holdings, which dropped after the chip maker reported seco
Read more22nd Jul 2015 08:52
(ShareCast News) - Shares in Sage rose after it said organic revenue rose by 6.6% in the first nine months of the year and reiterated its expectations for at least 6% organic growth for the full year. The business software company also said it was confident the business remains on course for full-ye
Read more29th Jun 2015 15:11
An independent non-executive director at Sage Group bought some shares in the company on Monday. Neil Berkett, who is also the chairman of the Guardian Media Group, purchased 20,000 shares at an individual price of 531.18p, spending a total of £106,236. The company said last week it expects to main
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