FTSE 250 movers: TalkTalk tops the table
7th Feb 2012 16:14
Internet and telephone service provider TalkTalk Telecom took first place on the risers list, having raised its full year earnings guidance as projected cost savings come in ahead of schedule. With just under two months of its financial year left to run, the company has raised full year earnings per
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 moreShanks trading on course
7th Feb 2012 07:49
Waste management firm Shanks said trading for the interim period to 31 January 2012 is in line with company expectations despite, as expected, challenging conditions. "The softening macro-economic environment and the fall in paper recyclate prices have impacted the Solid Waste business in all terri
Read moreFTSE 250 movers: Shanks surges to the top spot
2nd Feb 2012 15:00
Shares of waste management firm Shanks rose to pole position. The Daily Mail is reporting on speculation that a cash-rich private equity player, "possibly old foe Carlyle", could be ready to launch a full-scale offer for the company at up to 140p per share. This compares with yesterday's close of 99
Read moreWednesday broker round-up
18th Jan 2012 09:32
BT Group: UBS downgrades from buy to neutral, target cut from 230p to 210p. Tullow Oil: finnCap retains sell rating and 1,000p target. Man Group: Peel Hunt keeps buy stance but puts 245p target under review. Vodafone: On UBS's most preferred telecoms list. Rio Tinto: UBS cuts target from 5,500p
Read moreLondon close: Euro concerns drag Footsie into the red
16th Dec 2011 17:04
London's blue chip index took a late tumble late on to finished slightly in the red on a choppy day's trade. European bourses finished broadly down as worries over the Eurozone continue to dampen the mood. EUROZONE WORRIES CONTINUE France may have entered a recession this quarter which will last
Read moreFTSE 250 movers: Sports Direct jumps, Shanks down after downgrade
16th Dec 2011 14:57
Sports clothing firm Sports Direct was the high riser of the day after announcing that it has withdrawn its offer for Blacks Leisure after the outdoor leisurewear and equipment chain put itself up for sale earlier this month. Sports Direct's decision to pull out of the transaction has, however, been
Read moreFriday broker round-up - UPDATE
16th Dec 2011 08:56
Shanks Group: Goldman Sachs downgrades to neutral from buy. Man Group: Deutsche Bank downgrades to sell from buy. BSkyB: Bank of America-Merrill Lynch downgrades to neutral from buy, cuts target to 770p from 800p. Carnival: HSBC upgrades to overweight from neutral. BP: Evolution Securities reit
Read moreFTSE 250 movers: C&W Comms jumps after first half results
3rd Nov 2011 16:25
Telecoms group Cable & Wireless Communications soared higher on Thursday after reporting a 24% rise in half-year revenue and signs of "stablisation" in the all-important Caribbean division. Waste management firm Shanks jumped as it delivered a 20% increase in underlying half-year profit, upped its
Read moreShanks hikes profit, names Dilnot CEO
3rd Nov 2011 09:21
Waste management firm Shanks delivered a 20% increase in underlying half-year profit, upped its dividend 10% and named Peter Dilnot as chief executive. For the six months ended 30 September 2011 revenue was 11% at constant currency to £398m. Underlying pre-tax profit rose to £20.8m from £16.8m the
Read moreFriday tips round-up: Compass, Homeserve, Shanks
30th Sep 2011 06:27
The trading update from the catering giant Compass did not do much for its share price yesterday. This is a resilient business with a strong balance sheet, so much so that some analysts are eyeing the possibility of a capital return to shareholders in the not-too-distant future. Moreover, on multipl
Read moreShanks confident for full year
29th Sep 2011 09:58
Waste management firm Shanks said trading for the six months ending 30 September 2011 has been in line with company expectations and it remains on track for the full year. Underlying market conditions have been as anticipated, with stable recyclate prices and cost savings offsetting ongoing pricing
Read moreLondon close: Stocks edge higher
5th Jul 2011 16:34
The top share index managed to inch further beyond the 6,000 point mark it has crossed so many times this year, though it was a sluggish day's trading. In company news, Tullow Oil gushed ahead after it enjoyed record revenues in the first half of the year while achieving a 79% exploration and appr
Read moreLondon midday: Stocks stay above 6,000
5th Jul 2011 12:21
Stocks have crept further beyond the 6,000 point mark as the post-Greek pro-austerity measures vote rally continues. In company news, most interest is to be found in the mid-cap index. N Brown, the FTSE-250 online and catalogue retail firm is wanted after total group revenue increased 5.1% in the 1
Read moreLondon open: Calm continues after rally
5th Jul 2011 08:27
London's leading share index remains becalmed having rallied strongly last week following the Greek parliament's vote in favour of austerity measures. In company news, most interest is to be found in the mid-cap index. N Brown, the FTSE-250 online and catalogue retail firm is wanted after total gro
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