Reckitt Benckiser CFO grows stake
12th Dec 2013 16:14
Adrian Hennah, the Chief Financial Officer of Reckitt Benckiser, added 13,629 shares to his stake in the consumer goods company. Hennah, who has been in the role since the start of the year, acquired the stock at 4,619.73p a piece for a total spend of £629,623. His interest in the company now st
Read moreFriday broker round-up UPDATE
15th Nov 2013 07:38
Amlin: Berenberg raises target price from 398p to 434p, but still recommends selling. Barclays cuts target price from 481p to 453p and retains an overweight rating. Antofagasta: Numis raises target price from 750p to 850p and reiterates a hold recommendation. AstraZeneca: Liberum Capital upgrades
Read moreWednesday broker round-up
6th Nov 2013 08:48
Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm
Read moreFTSE 250 movers: Ophir climbs on gas field sale plans
24th Oct 2013 15:10
Ophir Energy rose strong after it revealed the accuracy of recent reports that it will sell a part interest in blocks one, three and four in Tanzania. The oil and gas company said it 'can confirm it has a process ongoing to sell down a part interest in these blocks'. Copper producer Kazakhmys shar
Read moreSpirent Q3 results in line, suffers customer delays for Q4
24th Oct 2013 07:49
- Q3 sales down four per cent, as expected - Some Q4 orders pushed back to 2014 - Q4 revenue guidance of 115-120m dollars Telecoms equipment testing provider Spirent warned that cautious customers had delayed contracts and pushed back some fourth-quarter revenues into the next financial year. The
Read moreFriday broker round-up UPDATE
18th Oct 2013 11:47
Aggreko: Jefferies reduces target price from 2000p to 1500p downgrading to hold. Andor Technology: Investec ups target price from 410p to 460p and maintains a buy recommendation. APR Energy: Jefferies ups target price from 1125p to 1300p and upgrades to buy. Bellway: UBS raises target price from
Read moreThursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreLondon close: Stocks dented by concerns over Syria, Fed taper
3rd Sep 2013 16:22
Markets were choppy on Tuesday as reports of two ballistic missiles being fired in the Eastern Mediterranean and heightened fears about the scaling back of US stimulus dented investor sentiment. While the launch was later confirmed as a missile test by Israeli forces training with the US Navy, the
Read moreFTSE 250 movers: Dixons Retail trumps ahead of results
3rd Sep 2013 14:00
Consumer electronics company Dixons Retail was the top riser as analysts said they expect the owner of PC World and Currys to deliver solid first quarter results on Thursday. Spirent Communications rallied as the telecommunications testing company said its Chief Executive Officer Bill Burns will st
Read moreLondon midday: Markets rattled by Mediterranean missile reports
3rd Sep 2013 11:35
After a positive start, markets had pared gains by midday with sentiment hit by reports of two ballistic 'objects' heading towards the East Mediterranean. Market Analyst Craig Erlam from Alpari said that traders became "instantly risk averse on fears that the US had initiated a military strike with
Read moreLondon open: Markets edge higher early on
3rd Sep 2013 08:31
Markets opened with small gains on Tuesday morning with stocks pausing for breath after a strong rise the day before. Stocks surged on Monday as traders took advantage of low volumes - with Wall Street closed for Labour Day - to push the London index up 1.5%. Better-than-expected manufacturing da
Read moreLondon pre-open: Subdued start expected after Monday's surge
3rd Sep 2013 07:31
Markets are expected to open slightly higher on Tuesday morning, extending gains after a strong performance the day before. City sources predict the FTSE 100 will open up 12 points from yesterday's close of 6,506.19. Stocks surged the day before as traders took advantage of low volumes - with W
Read moreSpirent Communications CEO steps down
3rd Sep 2013 07:09
Spirent Communications said its Chief Executive Officer (CEO) Bill Burns will step down from the company with immediate effect. Chief Financial Officer Eric Hutchinson will replace Burns in the interim while the technology firm searches for a successor. The company will in due course retain con
Read moreLondon close: Stocks fall for fourth straight day
7th Aug 2013 17:00
The FTSE 100 finished in the red for the fourth straight day on Wednesday as worries over a withdrawal of stimulus in the US and an underwhelming statement from the Bank of England (BoE) dampened sentiment. Comments from a number of Federal Reserve officials and the ongoing improvement in US econom
Read moreFTSE 250 movers: Ferrexpo jumps after solid first-half numbers
7th Aug 2013 14:55
Iron pellet producer Ferrexpo was the high riser on the FTSE 250 on Wednesday with shares up over 10 per cent after a solid first-half report. Revenues were up 6.0% year-on-year at $775m as strong sales demand offset lower market pricing. Analyst Louise Collinge from Investec said that underlying e
Read more