Friday broker round-up UPDATE
8th Mar 2013 07:42
Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
Read moreLondon close: Markets unfazed as central banks hold fire
7th Mar 2013 17:06
The FTSE 100 finished with moderate gains on Thursday as investors digested policy-rate decisions in both the UK and Europe. Matt Basi, the Head of UK Sales Trading at CMC Markets, said European stock markets experienced "jittery trade" with traders pausing for thought after the significant gains o
Read moreFTSE 250 movers: Spirax-Sarco rises on dividend boost
7th Mar 2013 15:28
Spirax-Sarco Engineering climbed after it recommended a windfall dividend of 100p per share, worth a total of 78m pounds, after posting record sales and profit in 2012. Investment trust RIT Capital Partners rose after it reported its highest net asset value (NAV) per share of 1,309p on February 22n
Read moreLondon midday: Stocks gain as BoE holds fire
7th Mar 2013 11:59
Stocks were making moderate gains by Thursday lunchtime despite the Bank of England (BoE) refraining from further easing to boost the UK economy. At noon, the BoE revealed that policy-makers had voted to maintain interest rates at their record-low level of 0.5% (where they have been since March 200
Read moreSpirax-Sarco Engineering proposes windfall after profit increase
7th Mar 2013 08:58
FTSE 250-listed Spirax-Sarco Engineering has recommended a windfall dividend of 100p per share, worth a total of 78m pounds, after posting record sales and profit in 2012. The group, which supplies engineered solutions for commercial steam systems, reported a 2.0% rise in revenue to £661.7m in 2012
Read moreLondon open: Fed comments provide support ahead of BoE, ECB
7th Mar 2013 08:43
The FTSE 100 held on to recent gains on Thursday morning ahead of central-bank policy decisions in the UK and Europe, as comments from the Federal Reserve provided some support. According to the Fed's Beige Book released last night, the US economy expanded at a "modest to moderate pace" at the star
Read moreThursday broker round-up UPDATE
7th Mar 2013 07:25
Admiral: Nomura raises target price from 1350p to 1493p keeping a buy recommendation. African Barrick Gold: Nomura cuts target price from 435p to 200p and downgrades from neutral to reduce. Aggreko: Investec increases target price from 1750p to 1940p upgrading from hold to buy. Anglo American: No
Read moreThursday preview: All eyes on the central banks
6th Mar 2013 16:30
Several FTSE 350 stocks will be reporting full-year results on Thursday but the markets' focus will undoubtedly be on central-bank policy decisions in the UK and Europe. The Bank of England's (BoE) Monetary Policy Committee is due to reveal its policy decision at midday. While the record-low rate
Read moreThursday broker round-up UPDATE
17th Jan 2013 07:19
African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an
Read moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
Read moreGuiness Peat exec sell five million shares
14th Dec 2012 16:16
Sir Ron Brierley, a non-executive director of Guinness Peat Group (GPG) sold a massive chunk of shares in the investment holding company this week. The company announced on Friday morning that Brierley sold five million shares in the company at a price of A$0.475 (31.04p), earning himself around A
Read moreThursday broker round-up
8th Nov 2012 09:01
AB Foods: Credit Suisse ups tagged from 1,300p to 1,450p, outperform rating kept. Aviva: Panmure Gordon keeps buy rating and 425p target. Balfour Beatty: Panmure Gordon keeps buy rating and 310p target. BTG: Jefferies keeps hold rating and 360p target; Panmure Gordon keeps hold rating and 400p t
Read moreLondon close: 'Obama-rally' squashed by euro concerns
7th Nov 2012 16:46
- Footsie retreats from eight-month high after EC forecast - Fiscal cliff, Germany and Greece weigh on sentiment - Randgold loses 6.4 per cent after Q3 statement The 'Obama-rally' proved only temporary on Wednesday as concerns about the Eurozone crisis offset any optimism regarding the re-election
Read moreFTSE 250 movers: Spirax Sarco rises on sales increase
7th Nov 2012 14:55
Engineering group Spirax Sarco jumped after saying that organic sales increased six per cent in the four months to the end of October, ahead of the rate of growth reported in the first half. Online gaming software company Playtech was in demand after delivering impressive revenue growth in the thi
Read moreLondon midday: Footsie at eight-month high after Obama re-election
7th Nov 2012 11:22
- Footsie rises to eight-month high in intraday trade - Obama re-election sparks rise in metals prices - Randgold bucks the trend after disappointing Q3 Investors were in a bullish mood on Wednesday morning, celebrating the news that Barack Obama has been re-elected for another four years as Presid
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