Tuesday tips round-up: AVEVA, Recruitment stocks
15th Jul 2014 07:37
'Hold' shares of engineering software group AVEVA for the long term, recommended the Tempus column in The Times on Tuesday. While AVEVA is seen by analysts as a "world-class British company with a leading position in its core business", the market has fallen out of love with the stock, according to
Read moreSThree falls after posting drop in half year margins
14th Jul 2014 15:26
A drop in gross margins from 31.6% to 29.5% pushed shares in staffing group SThree lower on Monday, despite a jump in half year pre-tax profit. Helped by an improved macroeconomic situation, reported before tax climbed from £6.7m to £8.2m on revenue of £341.7m (H1 2013: £291.9m). Basic earnings pe
Read moreSinclair IS Pharma CEO grows stake to 8.75m shares
1st May 2014 15:49
The Chief Executive Officer (CEO) of AIM-listed Sinclair IS Pharma this week added 285,844 to his stake, while fellow board member Stuart Swanson made the modest purchase of 12,774 shares. CEO Chris Spooner paid 30.88p, spending a total of £106,047. His shareholding in the pharmaceutical group now
Read moreTuesday broker round-up UPDATE
1st Apr 2014 09:39
African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains
Read moreSThree's first quarter gross profit rises on contract recruitment
14th Mar 2014 07:45
Specialist staffing business SThree said first quarter gross profit climbed nine per cent, driven by an increase in its contract employment placements. An 18% increase in contract gross profit offset a 4% drop in permanent staffing recruitment. Contract now accounts for 61% of total gross profit.
Read moreTate & Lyle exec builds stake on behalf of children
5th Mar 2014 15:59
Javed Ahmed, an Executive Director of Tate & Lyle, added 20,000 shares to his stake in the group, which he registered in the name of his children. The 639.46p-a-share deal took Ahmed's interest to 1.2m shares. He also transferred a total of 55,356 shares to his two children as a gift on the same d
Read moreWood Group director greets FY results with share purchase
19th Feb 2014 15:28
Ian Marchant, a Senior Independent Director on the board of oil services company Wood Group, marked Tuesday's in-line results with the purchase of 15,000 shares. The 714p-a-share deal, which set the non-exec back £107,100, significantly increased his stake to 22,777 shares. The transaction was m
Read moreThursday broker round-up UPDATE
6th Feb 2014 09:23
ARM Holdings: HSBC reduces target price from 1120p to 1080p and stays with its overweight rating. Avon Rubber: WH Ireland raises target price from 650p to 765p and stays with its buy recommendation. Balfour Beatty: Liberum Capital ups target price from 300p to 350p retaining its buy recommendation
Read moreSThree maintains dividend as full-year profit slips
3rd Feb 2014 07:43
- Full-year profits slip - Weaker economic confidence - Maintains dividend payment Recruitment specialist SThree said full-year profit slipped amid weaker economic confidence and as the group invests in new territories. The communications and technology hiring agency said group gross profit for th
Read moreFriday broker round-up UPDATE
17th Jan 2014 10:05
Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr
Read moreThursday broker round-up UPDATE
16th Jan 2014 08:59
Aberdeen Asset Management: Canaccord Genuity cuts target price from 586p to 540p, while its buy recommendation remains unchanged. Anglo American: UBS ups target price from 1500p to 1580p upgrading from neutral to buy. Antofagasta: Investec reduces target price from 716p to 685p maintaining a sell
Read moreMonday broker round-up UPDATE
9th Dec 2013 08:31
Alternative Networks: FinnCap takes target price from 390p to 430p and retains a buy recommendation. Investec ups target price from 390p to 440p maintaining a buy recommendation. Anite: Panmure Gordon shifts target price from 142p to 143p and keeps a buy recommendation. Canaccord Genuity upgrades f
Read moreSThree expects fall in full-year profits
6th Dec 2013 12:44
International specialist staffing business SThree said it expects full-year gross profit to fall five per cent to 200m pounds, reflecting lack of demand for permanent employees. In a trading update for the year ended December 1st, the company said permanent gross profit was down 14% year-on-year.
Read moreAviva Non-Exec makes first investment
11th Nov 2013 16:53
British insurance company Aviva on Monday said recently appointed Non-Executive Director Michael Mire had bought 7,500 at 439.89p each, his only holding in the group. Mire joined the company in mid-September as part of its ongoing programme to refresh the board. The company said on his appointment
Read moreSports Direct's Ashley sells 16m shares, YouGov founder trades in 3.35m
24th Oct 2013 16:03
Sports Direct's founder Mike Ashley has sold 16m shares in the retailer, representing a 2.7 per cent holding and netting the billionaire owner of Newcastle United 106m pounds. An announcement to the stock exchange revealed Ashley had sold the shares at a price of 662.5p, marking a 7.5% discount to
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