MARKET TALK: Investec Raises Tate & Lyle Price Target
13th Jul 2010 09:37
0837 GMT [Dow Jones] Investec raises Tate & Lyle (TATE.LN) price target to 550p from 475p. Thinks the move to dispose of its European sugar assets is a good deal for Tate as a break-even business with a challenged model has been disposed of for GBP211M. Also, says any thoughts that the chief executi
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
13th Jul 2010 09:37
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0837 GMT [Dow Jones] Investec raises Tate & Lyle (TATE.LN) price target to 550p from 475p. Thinks the move to dispose of i
Read moreMARKET TALK: Goldman Downgrades Tate & Lyle To Sell
13th Jul 2010 08:11
0711 GMT [Dow Jones] Goldman Sachs downgrades Tate & Lyle (TATE.LN) to sell from neutral and cuts price target to 390p from 493p. The shares are trading at a premium to the ten-year historical average in anticipation of improved performance due to a focus on specialty food ingredients, says GS. Howe
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
13th Jul 2010 08:11
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0711 GMT [Dow Jones] Goldman Sachs downgrades Tate & Lyle (TATE.LN) to sell from neutral and cuts price target to 390p fro
Read moreMARKET TALK: UBS Cuts Tate & Lyle Price Target
5th Jul 2010 09:10
0810 GMT [Dow Jones] UBS cuts Tate & Lyle (TATE.LN) price target to 500p from 515p following the company's sale of its EU sugar refining operations. Says while the deal suggests CEO Javed Ahmed's change program may not be a slow burn, it is not in itself value creating. "Indeed, our normalized Ebitd
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
5th Jul 2010 09:10
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0810 GMT [Dow Jones] UBS cuts Tate & Lyle (TATE.LN) price target to 500p from 515p following the company's sale of its EU
Read moreinside-analytics.com / Weekly Top 10 European Insider Transactions
5th Jul 2010 07:55
inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 27-June to 4-July-2010 Top 10 Largest Directors' Purchases: 1) ASSICURAZIONI GENERALI SPA Insider: Mantegna 87 Insider Relation: Legal Person Transaction Date: 24-June-2010 Transaction Volume:
Read moreMARKET TALK: RBS Raises Tate & Lyle Price Target
2nd Jul 2010 12:28
1128 GMT [Dow Jones] Royal Bank of Scotland raises Tate & Lyle (TATE.LN) price target to 530p from 480p following the company's sale of it EU sugar refining operations. RBS says the move eliminates a challenging business, reduces the group's commodity exposure and further strengthens the balance she
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
2nd Jul 2010 12:28
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1128 GMT [Dow Jones] Royal Bank of Scotland raises Tate & Lyle (TATE.LN) price target to 530p from 480p following the comp
Read moreLondon close: Late slump near close
1st Jul 2010 16:34
Leading UK shares lurched downwards near the close as US markets opened poorly as concern grows over the health of Asia and the prospect of a double-dip recession. BP and satellite group Inmarsat were the only blue chips to make progress. BP shares have been on a roll ever since JPMorgan Cazenove i
Read moreLondon afternoon: BP rises again
1st Jul 2010 14:37
Leading shares moved sideways over the lunch time session, with the Footsie staying in the red despite a surge by beleaguered oil giant BP. BP is close to emulating the 5% rise it achieved yesterday. The shares have been on a roll ever since JPMorgan Cazenove indulged in what it called "fantasy M&A
Read moreBroker tips: Debenhams, Tate & Lyle, Burberry
1st Jul 2010 13:16
Department stores group Debenhams was the best performing FTSE 250 stock on Thursday morning after a trading update but KBC Peel Hunt notes that it continues to trade on what the broker regards as an undeserved discount to the retail sector. Though like for like sales comparisons have softened ther
Read moreBroker snap: Tate & Lyle gets good price for business
1st Jul 2010 13:02
The market seems sweet on Tate & Lyle's decision to offload its sugar refining business, with the shares being one of the few to make headway on Thursday morning. The sale price of the business, £211m, was ahead of the £150m to £175m range Panmure Gordon had been expecting, and gives the company mo
Read moreLondon midday:Stocks pare losses
1st Jul 2010 12:11
Leading shares finished the morning session well above their low levels though the Footsie remained in arrears on lingering fears about a slowdown in economic growth in China and concerns over Spain's sovereign debt after ratings agency Moody's said it was considering lowering its rating by a notch
Read moreMARKET TALK: Panmure Raises Tate & Lyle Price Target
1st Jul 2010 10:19
0919 GMT [Dow Jones] Panmure Gordon raises Tate & Lyle (TATE.LN) price target to 500p from 440p after the company said it's disposing of its EU sugar refining business. "This is a significant development in [CEO] Javed Ahmed's strategy of focusing on added-value food ingredients and obviously gives
Read more