Tate & Lyle Sees Full Year Progress After Sound Quarter
22nd Jul 2010 07:15
By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Food-ingredients producer Tate & Lyle PLC (TATE.LN) said Thursday it expects to make progress in the current financial year after a sound start to the year's trading. The company said that the steady demand for its spec
Read moreTate & Lyle sees progress, cautious over US
22nd Jul 2010 07:01
Tate & Lyle said it has made a sound start to the year and continues to anticipate progress in the current full year. However, despite some improvement in demand, industrial starch margins are expected to remain at lower levels and the group continues to see little near term improvement in US ethan
Read moreMARKET TALK: Exane BNP Paribas Ups Tate & Lyle Target
15th Jul 2010 10:36
0936 GMT [Dow Jones] Exane BNP Paribas raises Tate & Lyle (TATE.LN) target price to 550p from 520p. Says this is to reflect a lower discount rate of 8.5% versus 9% previously. Adds that this is driven by a reduction in the US risk-free rate to 3.0% from 3.3% and a small reduction in Tate's Beta to 1
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
15th Jul 2010 10:36
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] 0936 GMT [Dow Jones] Exane BNP Paribas raises Tate & Lyle (TATE.LN) target price to 550p from 520p. Says this is to reflec
Read moreFTSE 250 movers: Dunelm in demand
13th Jul 2010 12:40
Shares in Dunelm are in demand after the home furnishings retailer said it should beat full-year profit forecasts despite a drop in like-for-like sales during the fourth quarter. Like-for-like sales grew 8% in the year to 3 July following a marked slowdown during the last six months to just 0.8% fr
Read moreMARKET 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
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