TalkTalk jumps on Exane upgrade
3rd Sep 2015 13:37
(ShareCast News) - TalkTalk pushed higher after Exane BNP Paribas upgraded the stock to 'neutral' from 'underperform' and lifted its price target to 260p from 210p to reflect the potential for improved news flow through the second quarter after the recent sharp de-rating. The bank said that while it
Read moreFTSE 250 movers: Lookers surges on acquisition, Go-Ahead slumps on warning
3rd Sep 2015 12:49
(ShareCast News) - London's mid-cap index was up 0.9% to 17,037.26 at 1325 BST, tracking a more buoyant tone overall following a positive session in the US and as the closure of Chinese markets gave investors a chance to catch their breath. Motor retail and aftersales service company Lookers surged
Read moreBerenberg ups TalkTalk to 'hold', says share price reflects challenges
3rd Aug 2015 11:49
(ShareCast News) - Berenberg upgraded TalkTalk to 'hold' from 'sell' with an unchanged price target to 290p. "With the share price back to where we initiated with a sell, TalkTalk has underperformed the sector by 21%," it said, adding that the stock price now reflects the company's challenges. Bere
Read moreSector movers: Natural resources stocks trigger another London market decline
23rd Jul 2015 15:38
(ShareCast News) - Natural resources, especially mining and metals, along with telecommunications stocks triggered yet another London market decline on Thursday. The FTSE 100 was down 12.33 points or 0.18% at 6655.01, while FTSE 250 was down 26.55 or 0.15% with mining, metal and oil stocks leading a
Read moreFTSE 250 movers: Acacia and Cairn diverge on Credit Suisse ratings
23rd Jul 2015 15:35
(ShareCast News) - The FTSE 250 lost its early gains on Thursday, down by 0.18% at 17,614.36 just before the close with a mixed bag of sectors tugging the index to and fro. Acacia Mining was lifted by positive comment from Credit Suisse, which in a "stress test" of its European gold coverage for low
Read moreMacquarie upgrades Sky and names it "top pick"; downgrades BT, TalkTalk
23rd Jul 2015 13:10
(ShareCast News) - Macquarie upgraded Sky to 'outperform' from 'neutral', raised its price target to 1,400p from 900p and named the stock its top pick in the UK. The bank said that in general across Europe it favours premium operators that are investing in networks and that are indirect beneficiarie
Read moreFTSE 250 movers: Mitchells and Butlers surges on upgrade, miners lower
22nd Jul 2015 14:40
(ShareCast News) - Mid-caps edged lower on Wednesday, as gains in the construction and insurance sectors were eclipsed by weakness from technology, mining, engineering and oil stocks. As of 1600 BST, the FTSE 250 was trading 0.5% lower at 17,660. Mitchells & Butlers topped the risers after Numis ra
Read moreTalkTalk slides as revenue misses; warns over broadband competition
22nd Jul 2015 09:20
(ShareCast News) - TalkTalk slumped on Wednesday after it said the broadband market has become increasingly competitive and posted weaker-than-expected revenue growth for the three months to 30 June. TalkTalk said revenue grew by 3.5% year-on-year as strong growth in on-net and corporate offset the
Read moreBulk of UK broadband providers agree to new business code as Ofcom raises concerns
25th Jun 2015 10:31
BT, TalkTalk and Virgin have signed up to a broadband code of practice for small businesses as Ofcom released new research Thursday. The media regulator's research found about 20% of small businesses were unhappy with not being able to access the internet speeds they were led to expect. The thr
Read moreBroker tips: Vodafone, Burberry, M&S, Talktalk
20th May 2015 11:41
Vodafone's share price is likely to be buoyed by speculation regarding a Liberty Global merger over the coming days, though analysts at Bank of America Merrill Lynch remained cautious. The US bank reiterated an 'underperform' rating on the stock, saying that concerns about each companies' valuations
Read moreCitigroup upgrades TalkTalk to buy from neutral
20th May 2015 11:02
Citigroup upgraded TalkTalk to 'buy' from 'neutral' and raised its target price to 475p from 320p. "We see TalkTalk as likely to benefit should one or both of the UK's two big telco deals facing competition authority review be approved," said Citi. The bank said that TalkTalk's price-sensitive cons
Read moreFriday broker round-up
15th May 2015 15:12
SAB Miller: Berenberg reiterates buy and 3,920 price target. IMI: Nomura reiterates reduce stance, lowers target to 1,115p from 1,175p. ITV: Barclays downgrades to equal-weight with 260p target. HSBC: Berenberg reiterates buy and lowers target to 750p from 790p. Hiscox: Canaccord Genuity reiterat
Read moreOfcom demands BT open up business broadband network
15th May 2015 08:58
The UK telecoms regulator Ofcom has set out new proposals to weaken the hold of BT on the business broadband market. New measures announced by Ofcom on Friday will force BT to give competitors physical access to its 'dark fibre' network of fibre-optic cables and to provide minimum service levels for
Read moreFriday newspaper round-up: SNP, New Look, Greece, US shale
15th May 2015 07:07
The Scottish National Party is prepared to defy David Cameron and push ahead with a second Scottish independence referendum without Westminster's permission if the prime minister refuses any future demand to hold one, the Guardian reports. New Look has ditched plans to list on the stock market after
Read moreSage's CEO buys £0.25m worth in shares after strong first-half results
14th May 2015 15:18
Sage's chief executive Stephen Kelly bought 46,2000 shares at 541p each, spending a total of £0.25m. Kelly, who has been in the role since November last year, said last week the group delivered a good first half performance and remains on track to meet its full-year targets. TalkTalk's chief execu
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