12th Nov 2014 09:07
Aberdeen: UBS lowers target price from 465p to 450p and downgrades from buy to neutral. ASOS: Societe Generale reduces target price from 5000p to 4450p, while leaving its buy recommendation unchanged. BG Group: Deutsche Bank reduces target price from 1400p to 1300p and keeps a buy recommendation.
Read more12th Nov 2014 08:03
WH Smith's like-for-like (LFL) sales dropped 1% in the first 10 weeks of its financial year, reflecting the poor performance of high street stores. The British stationary and books retailer said high street LFL sales declined 4%, offsetting a 2% increase in its travel division, which includes stores
Read more5th Nov 2014 10:08
Aviation services and newspaper distribution group John Menzies warned on annual profits in its aviation and ground handling operation due to regulatory changes. Following the announcement, the Edinburgh-based firm said it would address the problems in the aviation division and revealed that the man
Read more21st Oct 2014 14:38
Retail stocks were putting in a strong performance on Tuesday after data from BRC-Springboard showed the decline in UK retail footfall eased to 0.9% in September from a 1.1% drop in August. Stocks such as Debenhams, Home Retail, Just Eat, WH Smith and Halfords were all in positive territory. "With a
Read more20th Oct 2014 09:48
African Barrick Gold: Westhouse Securities cuts target price from 285p to 230p maintaining an add rating. Antofagasta: Westhouse Securities reduces target price from 805p to 720p retaining its neutral rating. Centamin: Westhouse Securities shifts target price from 65p to 70p upgrading to buy. DCC:
Read more16th Oct 2014 16:16
Gaming giant Bwin.party rose after it reported a 2% rise in third quarter revenue to €148.7m as an increase in sports betting sales offset a fall in bingo, casino and poker. Sports betting revenue advanced 11% to €58.8m, driven by higher margins, the World Cup and growth in the number of people usin
Read more16th Oct 2014 12:46
Panmure Gordon has upgraded its rating for pharmaceutical group Shire despite the news that US rival Abbvie has recommended investors to vote against its $54bn takeover. The broker, which slashed its target price for the shares from 5,300p to 4,200p as a result of Abbvie's comments, said that Shire'
Read more16th Oct 2014 11:20
WH Smith's impressive annual results are likely to drive upgrades for the books-to-stationery retailer, according to Canaccord Genuity, which maintained its 'buy' recommendation and 1,225p target price for the stock on Thursday. Headline profit before tax (PBT) for the year ended 31 August increased
Read more16th Oct 2014 08:03
Preliminary results from WH Smith were slightly ahead of target thanks to a strong year from its travel business and solid performance from the UK high street. Group total sales were down 2% to £1.12bn in the year to 31 August, with like-for-like (LFL) sales down 3%, but a 160-basis-point hike in gr
Read more13th Oct 2014 09:32
Amino Technologies: Northland Capital upgrades to buy with a target price of 100p. Anglo American: Canaccord Genuity initiates with a target price of 1720p and a buy recommendation. Credit Suisse upgrades to outperform with a target price of 1800p. Associated British Foods: Societe Generale upgrade
Read more21st Aug 2014 12:24
UBS has upped its target price for mining and commodities trading giant Glencore from 330p to 350p after an "encouraging" roundtable meeting with management. However, while the bank said it is attracted to the business strategy, it said the improving outlook for zinc and nickel markets and positive
Read more21st Aug 2014 11:35
Trading at WH Smith is "building momentum", according to Investec, which repeated its 'buy' recommendation for investors on Thursday following an 'in-line' pre-close statement from the stationery, magazines and books retailer. The company, which operates a chain of high street, railway, motorway an
Read more21st Aug 2014 07:43
Retailer WH Smith confirmed that its annual results, out in October, will be in line with market expectations. The consensus, according to Thomson Reuters, is for £112.7m profit before tax. In a short trading update prior to the 31 August end of its financial year, the FTSE 250 group said that it
Read more21st Aug 2014 07:42
The FTSE 100 is set for a modest gain at Thursday's opening bell, with city sources predicting the index will open around eight points higher than yesterday's close of 6,755.48, tracking gains seen in the States last night. US stocks moved higher despite the Federal Reserve's latest policy meeting
Read more16th Jul 2014 15:12
A number of retailers including Debenhams, N Brown, AO World and Home Retail were on the rise today as investors welcomed the latest UK economic data which showed a drop in unemployment. The UK jobless rate declined from 6.6% to 6.5% in the three months to May, the lowest since 2008, though wage gro
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