Spire Healthcare CEO Rob Roger to depart
14th Mar 2016 07:41
(ShareCast News) - Spire Healthcare's chief executive officer Rob Roger plans to leave the company to take up a role as CEO of a large privately-financed property business, details of which will be announced shortly. The FTSE 250 private hospital group said Roger will stay on as CEO until the end of
Read moreBroker tips: Spire Healthcare, RSA, European equtities
8th Jan 2016 10:49
(ShareCast News) - Investec recommended a 'sell' rating on Spire Healthcare and put its target price under review on Friday after the company reiterated its full year guidance. The private hospital group said in a trading update that it continues to expect 2015 revenue growth in the range of £882m t
Read moreInvestec 'cautious' on Spire Healthcare, issues 'sell' rating
8th Jan 2016 10:01
(ShareCast News) - Investec recommended a 'sell' rating on Spire Healthcare and put its target price under review on Friday after the company reiterated its full year guidance. The private hospital group said in a trading update that it continues to expect 2015 revenue growth in the range of £882m t
Read moreSpire Healthcare reiterates 2015 guidance
8th Jan 2016 07:32
(ShareCast News) - Private hospital group Spire Healthcare reiterated its guidance for 2015 on Friday and said it expects revenue for this year to grow. The company continues to expect full year revenues in the range of £882m to £888m and earnings before interest, taxes, depreciation and amortisatio
Read moreInvestec downgrades Spire Healthcare on NHS cuts
3rd Dec 2015 14:47
(ShareCast News) - Spire Healthcare slumped after Investec cut its stance on the stock to 'sell' from 'hold' and slashed the price target to 234p from 375p, saying near-term risks are not fully reflected in the price. The brokerage said Spire is facing an uncertain future in the short-term, with NHS
Read moreFTSE 250 movers: Spire downgrade leads market south
3rd Dec 2015 14:26
(ShareCast News) - The London markets took a turn downhill after the ECB announced a 10 basis point cut to the deposit rate to -0.30%, as expected. After a morning of gains, the FTSE 250 was down 132.16 (0.75%) to 17,421.76 by mid-afternoon Thursday. Spire Healthcare led the fallers after Investec
Read moreBroker tips: Icap, Spire Healthcare, Halfords
16th Nov 2015 14:20
(ShareCast News) - The disposal of ICAP's voice business has prompted Exane BNP Paribas to initiate coverage of the FTSE 250 company at 'outperform', with a target price of 590p. Tullett Prebon agreed to buy ICAP's hybrid voice broking and information business in an all-shares deal on 11 November.
Read moreJefferies downgrades Spire Healthcare after profit warning
16th Nov 2015 11:08
(ShareCast News) - Jefferies downgraded Spire Healthcare to 'hold' from 'buy' and slashed the price target to 285p from 400p following the company's second profit warning in three months last week. It said the warning highlights the increasing uncertainty Spire faces as the NHS adjusts to the curren
Read moreFriday broker round-up
13th Nov 2015 09:23
(ShareCast News) - Spire Healthcare Group: JP Morgan Cazenove downgrades to neutral, cuts target price to 310.00p. Weir Group: Deutsche upgrades to buy, bumps down target price to 1360.00p. Imi: JP Morgan Cazenove downgrades to neutral, reduces target price to 930.00p. SABMiller: Berenberg Bank do
Read moreLondon midday: Chinese data, profit warnings weigh on Footsie
12th Nov 2015 11:49
(ShareCast News) - News that Chinese banks remained unwilling to lend in October weighed on stock markets across Europe on Thursday, amid a spate of profit warnings in the UK and ahead of an eagerly awaited speech from the chair of the US Federal Reserve herself. So-called aggregate financing in Asi
Read moreSpire Healthcare cuts full year revenue guidance
12th Nov 2015 09:23
(ShareCast News) - Hospital group Spire Healthcare cut its full year revenue guidance as it said revenues from NHS Local contracts continued to decline in the four months to the end of October. The company said it now expects full year revenues to show growth of 3% to 3.7%, or between £882m and £888
Read moreFTSE 250 movers: Spire feels pain of NHS budget cuts; gold miners gain
21st Aug 2015 15:55
(ShareCast News) - The FTSE 250 fell 1.6%, led by a sharp drop in Spire Healthcare shares. The index of mid-cap stocks was down 226.5 points to 17,012. Spire was hit by a warning that second-half revenues from the the UK's National Health Service would be flat this year compared with previous guidan
Read moreInvestec puts Spire under review after poor first half
21st Aug 2015 13:41
(ShareCast News) - Investec placed its 'hold' rating on Spire under review after the healthcare provider issued a profit warning. Investec said the first half results were worse than expected, with National Health Service revenue falling short of the 20% growth the brokerage had expected. "We expec
Read moreSpire Healthcare swings to profit but warns over second-half revenue
21st Aug 2015 07:22
(ShareCast News) - Shares in Spire Healthcare tumbled after the company said it swung to a profit after tax in the first half as revenue grew across the business, but cut its revenue guidance for the year, citing weaker demand from the NHS. The private healthcare group posted a profit of £30.8m comp
Read moreLondon pre-open: stocks set to plunge as China off the rails
21st Aug 2015 07:20
(ShareCast News) - City sources predict the FTSE 100 will open 142 points lower than Thursday's close of 6,367.89. "European equities are set to plunge on the open as China goes off the rails," London Capital Group night dealer Jonathan Sudaria said. Sudaria said bulls were already slowed by a barr
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