Tuesday tips round-up: G4S, SThree, John Menzies
17th Jul 2012 07:00
Questor in the Telegraph takes a timely look at security firm G4S. You may have heard it mentioned recently. The issue for the firm post-Olympic debacle is reputational says Questor. Can G4S continue to win public sector work with the baggage of having ballsed up one of its highest profile contracts
Read moreLondon close: Global growth concerns weigh on stocks
16th Jul 2012 16:39
- China's Wen dampens sentiment - IMF cuts global growth forecast - G4S, Tullow, Sage and Barclays lead the fallers The FTSE 100 finished flat on Monday as a late burst of buying helped the benchmark index recover some of its earlier losses on the back of concerns over the global economic outlook.
Read moreLondon midday: Footsie flat despite heavy falls for G4S and Barclays
16th Jul 2012 11:42
- Chinese economic concerns weigh on sentiment - ECB moves to make senior bondholders share burden - G4S, Barclays, Sage, National Grid lead the fallers on FTSE 100 UK stocks were trading broadly flat by Monday lunchtime, though sentiment had been dampened by concerns over the Chinese economy and c
Read moreSThree preserves divi as profit slides
16th Jul 2012 07:20
Recruitment firm SThree posted a 16.9 per cent drop in half year pre-tax profit as it expanded its international network but maintained its dividend payment. The group, which warned of a global hiring slowdown at the start of the year, said pre-tax profit fell to £9.3m for the half year ended 27 Ma
Read moreWeek Ahead: Sage, Vodafone, Kingfisher, BoE minutes
13th Jul 2012 14:09
Thursday is the big day for results next week with retail giants Sports Direct, Halfords, Kingfisher and Mothercare all set to update the market. Accountancy software behemoth Sage is first out to bat on Monday, however, with an interim management state (IMS) which will be followed on Tuesday with
Read moreSThree drops as growth slows in second quarter
8th Jun 2012 10:40
SThree, the specialist recruitment firm, has reported slowing growth in profits in its second quarter as the macro environment begins to make placing people in jobs more difficult. In the six months to May 27th gross profit was £99.9m, up 12% on the prior year but growth slowed noticeably in the se
Read moreTuesday broker round-up - UPDATE
13th Mar 2012 09:59
AstraZeneca: Panmure Gordon keeps buy rating and 3,600p target. Bellway: Credit Suisse maintains outperform rating. BG Group: Nomura raises target from 1,865p to 1,950p, buy rating kept. Computacenter: Panmure Gordon ups target from 490p to 501p, buy rating unchanged. Hays: Credit Suisse ups tar
Read moreSThree says recruitment market in far better shape
9th Mar 2012 12:21
Trading since the end of November has been strong at SThree, the international staffing firm, despite continuing weakness in global financial markets. In the three months to February 27th, and using constant exchange rate for better comparison purposes, gross group profits were up 15% year-on-year
Read moreFriday broker round-up
9th Mar 2012 10:00
ITV: Goldman Sachs raises price target to 137p from 102p, keeps at buy. Admiral: UBS hikes target from 890p to 1,085p, neutral rating unchanged. Bank of America-Merrill Lynch downgrades to underperform from neutral. AGA Rangemaster: Merchant Securities reiterates buy rating and 102p target. Ca
Read moreInternational Power CFO sells entire stake in the firm
29th Feb 2012 15:38
Mark Williamson, the Chief Financial Officer (CFO) of International Power, the FTSE 100 power generator, has sold over a million pounds worth of shares in the firm. The move means he no longer holds any shares in the company. Williamson, who has been CFO since 2003, sold 409,684 shares, which be
Read moreFriday broker round-up - UPDATE
24th Feb 2012 09:36
Lloyds Banking Group: Nomura keeps reduce rating and 35p target; Credit Suisse keeps neutral rating and 33p target. Royal Bank of Scotland: Nomura reiterates reduce recommendation and 26p target. RSA Insurance: Nomura downgrades from buy to neutral, target reduced from 148p to 120p; UBS keeps long
Read moreThorntons Chairman buys 400,000 shares
22nd Feb 2012 15:39
John von Spreckelsen, Chairman of chocolate retailer Thorntons, has bought up 400,000 shares in the firm, one week after it reported that its pre-tax profit more than halved after heavy discounting. Spreckelsen, who last year announced his intention to quit the firm before the end of September, bu
Read moreJohnson Matthey CEO ditches nearly 29,000 shares
15th Feb 2012 15:59
Neil Carson, Chief Executive Officer of Johnson Matthey, the chemicals giant, has disposed of £659,232-worth of shares in the firm two weeks after it reported a 22% rise in sales during the final quarter of 2011. Carson, who has been with the firm for three decades, sold 28,901 executive share
Read moreTuesday tips round-up: SThree, M&S, Ryanair
31st Jan 2012 06:52
The Times's Tempus column weighs up recruitment firm SThree, which has had a pretty rough time as of late, falling 35% in the last 12 months. The case for a buy is based on geographic spread, with nearly 80% of profits generated outside of the traditional British IT market. The Middle East, India a
Read moreSThree gears up for uncertain 2012
30th Jan 2012 08:03
Staffing business SThree reported a 40% increase in annual pre-tax profit as a strong international performance outweighed weakness in the UK. For the year ended 27 November 2011 revenue increased to £542.5m from £474.5m a year earlier. Pre-tax profit rose to £30.3m from £21.6m. Sthree, which o
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