MARKET TALK: Jefferies Initiates Smith & Nephew At Buy
30th Jun 2010 07:43
0643 GMT [Dow Jones] Jefferies initiates coverage of Smith & Nephew (SN.LN) at buy with 790p price target. Sees significant re-rating in the orthopedics industry and says the company is best placed for this. Says its valuation is among the most attractive in the sector and a modest acceleration in g
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
30th Jun 2010 07:43
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0643 GMT [Dow Jones] Jefferies initiates coverage of Smith & Nephew (SN.LN) at buy with 790p price target. Sees significant r
Read morePRESS RELEASE: US District Court Enters Final Judgment in Favor of Smith & Nephew; Stays Injunction for Arthrex's RetroButton Device Pending Appeal
23rd Jun 2010 20:04
ANDOVER, Mass., June 23 /PRNewswire-FirstCall/ -- A US District Court judge in Texas yesterday ruled that it granted an injunction in favor of Smith & Nephew's (NYSE: SNN; LSE: SN) Endoscopy Division. As expected the Judge also granted Arthrex's motion to stay the injunction pending an appeal of the
Read moreLondon close: Greece pulls Footsie down again
6th May 2010 16:43
Footsie ended the day sharply lower as Greece's problems reared up again and investors fretted about the outcome of today's election. Banks were hit hard as ratings agency Moody's warned that the UK lenders are "at risk of Greek contagion". Barclays, Royal Bank of Scotland, HSBC and even Asia-foc
Read moreLondon afternoon: Banks throw a Moody
6th May 2010 14:16
Footsie's morning gains evaporated over the lunch time session as fears over the debt crisis spreading from Greece reared up again. Banks were hit hard as ratings agency Moody's warned that the UK lenders are "at risk of Greek contagion". Barclays, Royal Bank of Scotland, HSBC and even Asia-focus
Read moreBroker tips: Smith & Nephew, RSA, Easyjet
6th May 2010 13:16
First quarter results from medical devices firm Smith & Nephew were ahead of expectations and Killik & Co thinks there is more to come from a company it describes as a 'world leader' in its field. "We believe the long-term outlook for the group is positive. Its markets are expected to generate mid-
Read moreBroker snap: S&N undervalued by historic standards
6th May 2010 13:14
First quarter results from medical devices firm Smith & Nephew were ahead of expectations and Killik & Co thinks there is more to come from a company it describes as a 'world leader' in its field. "We believe the long-term outlook for the group is positive. Its markets are expected to generate mid-
Read moreLondon midday: Modest gains for Footsie
6th May 2010 12:19
Footsie finished the morning in positive territory after a nervous start, with those looking for an excuse to buy finding plenty of reasons to do so from some of the big companies declaring results today. Fund manager Schroders is top of the tree after it said the momentum built up in 2009 has cont
Read moreLondon open: Footsie adds to losses
6th May 2010 08:20
London's top stocks are continuing this week's downward trend as the economic turmoil in Greece is still worrying investors. The European Central Bank is meeting this morning to discuss how to protect the Euro and calm down fears of a contagion. Wm Morrison is one of this morning's fallers after t
Read moreLondon pre-open: More falls expected
6th May 2010 07:38
Footsie is expected to fall further in early dealings falling a drop on Wall Street overnight as the economic turmoil in Greece continues to worry investors. Investors also have a stream of company updates to digest. Supermarket group Wm Morrison reported a small rise in first-quarter like for lik
Read moreSmith & Nephew posts 27% jump in profit
6th May 2010 07:01
Medical devices firm Smith & Nephew posted a better than expected 27% jump in first quarter profit and said it is on the right track for the rest of the year. The trading profit in the quarter was $250m, up from $183m in the first quarter of 2009. Revenues rose to $995m in the period compared to $8
Read moreThursday preview: Cobham, Smith & Nephew, UK election
5th May 2010 17:14
Thursday is the date of the general election in the UK and also a busy day for company announcements, with heavy hitters such as Cobham, Morrisons, RSA Insurance, Schroders, Smith & Nephew and Vedanta releasing trading updates. The futures markets in bonds and sterling will be up and running overni
Read moreWeek Ahead: Sage, Aberdeen Asset, Smith & Nephew
30th Apr 2010 11:53
It's a shortened week next week thanks to the May bank holiday and as usual Wednesday and Thursday look like being the busiest days, with FTSE 100 companies Sage, Legal & General, Liberty International and Next reporting on Wednesday and Vedanta, Morrison's, Schroders, Smith & Nephew and RSA Insuran
Read moreNon-exec buys initial stake in Aberdeen
17th Mar 2010 16:02
Aberdeen Asset Management non-executive director Gerhard Fusenig has bought his first shares in the fund manager since he was appointed to the board on 8 October 2009. Fusenig invested nearly £129,000 in 100,000 shares, which cost 128.84p each. Fusenig is Co-Chief Operating Officer of Asset Mana
Read moreLondon close: Miners pull index lower
11th Mar 2010 17:02
London bounced off 5,600 despite a weak start on Wall Street but still closed in the red on a poor day for miners. Falling commodity prices and China inflation concerns prompted profit taking in Fresnillo, Randgold, Rio Tinto, ENRC, Kazakhmys, BHP Billiton and Xstrata. Speculation rose that Chin
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