JPMorgan lifts WH Smith price target after 'strong' update
21st Aug 2015 12:21
(ShareCast News) - JPMorgan Cazenove lifted its price target for WH Smith to 1,700p from 1,520p following the company's "strong" pre-close update on Thursday, in which it said it expects full-year results to be slightly ahead of current expectations. With the current consensus for full-year pre-tax
Read moreWH Smith expects full-year to be slightly ahead of consensus expectations
20th Aug 2015 07:34
(ShareCast News) - Stationer and newsagent WH Smith expects its full-year results to be slightly ahead of consensus expectations. In a brief trading update on Thursday, the company said its travel business continued to deliver a strong performance in the second half, with solid sales across all of i
Read moreFTSE 250 movers: Cineworld leads risers while Ophir tumbles
13th Aug 2015 14:04
(ShareCast News) - London's FTSE 250 was up slightly by Thursday afternoon as the markets cooled after the People's Bank of China said it would stop fiddling with the yuan. The index was up by 0.65% at 17550.78 at 1407 BST. Leading the risers was Cineworld Group, which reported a revenue rise off s
Read moreWH Smith's chairman increases stake
14th Jul 2015 17:00
(ShareCast News) - WH Smith's chairman increased his stake in the British chain after a connected person purchased new shares. Karen Staunton, a connected person to Henry Staunton, purchased 20,000 shares for an individual price of £1.598, spending a total of £319,656 in the transaction. Following
Read moreFTSE 250 movers: Workspace Group and WH Smith surge on strong results
3rd Jun 2015 13:25
Mid-caps tracked the FTSE 100's gains on Wednesday afternoon despite mixed US data, as strength in the construction and engineering sectors buoyed the market. As of 15:30 BST, the FTSE 250 was trading 0.4% higher at 18,294. Workspace Group led the risers after beating full-year forecasts for profit
Read moreWH Smith up 3% as revenue rises on solid travel business performance
3rd Jun 2015 07:33
Shares in WH Smith rose 3% on Wednesday after the company said total sales in the 13 weeks to May 30 rose, as the performance of the company's shops based in stations and airports offset a disappointing performance in its high street stores. Total group sales were up 1% compared to the same period l
Read moreFTSE 250 movers: Miners lower, WH Smith continues higher on franchise partner offers
17th Apr 2015 13:33
Mining stocks were trading lower, a result of widespread fluctuation in metal prices and Credit Suisse revealing that industrial metals performed poorly in March. Evraz, Vedanta Resources and Petra Diamonds were all in the red. Serco Group dipped as Fitch Ratings warned that the general election wou
Read moreWH Smith first half profit edges higher
16th Apr 2015 09:55
Retail group WH Smith said its first half pre-tax profit edged higher on the back of a sharp improvement in margins. The company said its pre-tax profit in the six months to the end of February climbed 4.3% to £72m, even though revenue declined 0.3% to £611m, as a 5% fall in its high street division
Read moreThursday tips round-up: Bellway, CardFactory
26th Mar 2015 17:45
There is no sign that housing is cooling off, homebuilder Bellway told investors. Since January its reservations were up by 10%, despite the uncertainty surrounding the upcoming elections. In the latest half-year, ended in January, the company increased its spend on land by 48% to hit £355m - althou
Read moreThursday broker round-up
5th Mar 2015 12:41
Rightmove: Credit Suisse lifts target price to 3220p from 2700p but cuts to neutral. Aviva: Panmure Gordon reiterates buy - with a 660p target, as does Westhouse Securities. Standard Chartered: UBS increases target price to 1000p from 980p and reiterates neutral view. Asos: Nomura ups target to 3,
Read moreFTSE 250 movers: Centamin lower on Alecto Minerals split, De La Rue strong on potential bid
18th Feb 2015 13:52
Centamin was in the red after revealing it was pulling out of its joint venture with Alecto Minerals in Ethiopia. Results from its 2014 drilling programme, which included 25 diamond drills holes at Wayu Boda, and the analysis of surface work carried out during the year will be handed to Alecto when
Read moreFTSE 250 movers: Petra Diamonds falls short of full-year profit expectations
26th Jan 2015 14:40
Diamond mine operator Petra Diamonds was trading lower after announcing that it may not meet analysts' expectations for full-year profits. Sales jumped by 16% in the first six months of the year to reach $214.8m. The increased sales in the period were in part thanks to the sale of two exceptional di
Read moreWH Smith high street sales down, but "in line with plan"
21st Jan 2015 10:04
WH Smith shares were down after it reported a decrease of 2% in like-for-like sales during the last 20 weeks. Despite an increase of like-for-like sales in its travel division of 2%, high street sales were down 5%, which was in line with its plan. However, the FTSE 250 retailer said its gross margi
Read moreUK Mail CEO bags a bargain after posting dividend growth
19th Nov 2014 15:48
With share in his company down 44% from this year's earlier all-time high of 715p, UK Mail chief executive Guy Buswell has bagged a sackful of shares the day after the company hiked its dividend. Buswell bought 18,310 shares at a price of 405p, shelling out £74,156 in total a day after announcing fl
Read moreThursday broker round-up.-Update
13th Nov 2014 10:21
AstraZeneca: JP Morgan raises target price from 3700p to 4100p, keeping its underweight rating. AVEVA Group: Barclays upgrades to overweight. Bellway: Credit Suisse raises target price from 1876p to 1905p and keeps a neutral rating. Bow Leven: Barclays shifts target price from 45p to 50p and retai
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