Aminex CEO buys 2m shares following sale of US arm
12th May 2014 15:54
The Chief Executive Officer (CEO) of oil and gas developer Aminex has purchased shares following the long-awaited sale of its US arm on Friday. Jay Bhattacherjee earned 0.77p a share on the £18.80m sale, increasing his total company holding to 38.22m. Meanwhile, Philip Thompson, an Executive Dir
Read moreFTSE 250 movers: Centamin rises on law change hopes
24th Apr 2014 15:30
Centamin rose strongly on the back of hopes a change in the law could resolve the Egyptian mining row. After a claim was made against the company's licence for the Sukari mine, in 2012 a court ruled the company did not have the right to mine with the licence, a decision since appealed by the group
Read moreThursday broker round-up UPDATE
24th Apr 2014 09:19
AMEC: UBS ups target price from 1145p to 1200p maintaining a neutral rating. ARM Holdings: HSBC raises target price from 1080p to 1120p and keeps an overweight rating. Associated British Foods: HSBC increases target price from 280p to 310p and upgrades from neutral to overweight. Deutsche Bank rai
Read moreFTSE 250 movers: Drax sinks after power station setback
23rd Apr 2014 15:50
Shares in renewable energy provider Drax lost more than 13 per cent of their value on Wednesday, hit by the group's announcement that one of its power station units was no longer deemed eligible by the UK government for an investment contract. At the group's annual general meeting (AGM) later in th
Read moreBroker tips: AB Foods, ARM, Wolseley...
23rd Apr 2014 12:59
Panmure Gordon has upgraded its rating for Associated British Foods from 'hold' to 'buy' after the company announced its intention to expand its fast-growing Primark brand into the US towards the end of next year. "This is sooner than we had anticipated, and whilst Primark will continue its measur
Read moreSpirent's Q1 figures 'not as good as they appear', says Investec
23rd Apr 2014 12:29
Spirent Communications's first-quarter results impressed the market on Wednesday with revenues and profits ahead of expectations, though Investec said that figures are 'not as good as they appear on the surface'. The broker kept its 'hold' rating and 105p target price for the communications technol
Read moreSpirent revenue growth boosted by delayed orders in Q1
23rd Apr 2014 08:14
- Revenues up 16 per cent - Results boosted by delayed orders from 2013 - Top-line guidance maintained Communications technology group Spirent reported strong revenue growth in the first quarter, helped by the recognition of delayed orders, and said that market conditions have improved from 2013.
Read moreLondon close: Concerns over Ukraine and Russia send stocks lower
14th Mar 2014 16:59
- FTSE closes down 25.89 at 6,527.89 - Ukraine and China give lower sentiment - UK construction output 1.8 per cent in January techMARK 2,765.31 -0.77% FTSE 100 6,527.89 -0.40% FTSE 250 16,124.92 -0.38% Ongoing concerns about Ukraine and China ensured a poor finish to the week for UK stocks. The
Read moreFTSE 250 movers: Spirent Comms lifted by reports of new technology
14th Mar 2014 15:46
Spirent Communications was higher on reports it has launched a new piece of technology which is used to address the ultra-high bandwidth requirements of modern communication networks. Rajesh Rajamani, Market Segment Leader, was quoted as saying: "Spirent continues to advance the boundaries of next
Read moreTuesday broker round-up UPDATE
11th Mar 2014 09:03
Aviva: RBC Capital takes target price from 400p to 550p upgrading to neutral. Nomura increases target price from 489p to 625p and reiterates a buy recommendation. Balfour Beatty: Citi raises target price from 220p to 310p maintaining a neutral rating. Goldman Sachs reduces target price from 335p to
Read moreLondon midday: Stocks pull back after strong gains, earnings and data in focus
5th Mar 2014 11:34
- Economic data, China targets closely watched - Ukraine crisis still in focus - Admiral jumps, Melrose sinks - Credit Suisse takes down housebuilders techMARK 2,905.24 -0.55% FTSE 100 6,782.33 -0.61% FTSE 250 16,619.55 -0.48% UK stocks fell on Wednesday as investors focused on a string of import
Read moreLondon open: Stocks edge lower as investors await data
5th Mar 2014 08:28
- Stocks pull back after strong rise - Tensions ease between Russia and Ukraine - Investors await host of economic data techMARK 2,915.70 -0.19% FTSE 100 6,810.51 -0.19% FTSE 250 16,667.83 -0.19% UK markets opened slightly lower on Wednesday morning as investors watched geopolitical developments
Read moreMonday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreFTSE 250 movers: Electra rises after Sherborne acquires 10 per cent stake
28th Feb 2014 15:31
Shares in Electra Private Equity rose strongly after Sherborne Investors Management bought a 10 per cent stake in the trust. The investment was made through its Guernsey-registered investment vehicle. Serco Group rose after it was revealed Rupert Soames, the Chief Executive Officer of FTSE 100-lis
Read moreFriday broker round-up UPDATE
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
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