Sector movers: US-Mexico trade talks boost miners, steel companies
28th Aug 2018 17:18
(Sharecast News) - News that the US and Mexico had agreed to make modifications to the North American Free Trade Agreement appeared to boost investor sentiment on Tuesday, with shares of miners and steel outfits deriving the greatest benefit, amid hopes that it might herald progress in talks with other trading partners.
Read moreTuesday broker round-up
28th Aug 2018 13:05
(Sharecast News) - John Laing Group: RBC Capital Markets downgrades to sector perform with a target price of 330p.
Read moreDirectors dealings: Tate & Lyle chairman-designate's spouse buys in
13th Feb 2017 16:02
(ShareCast News) - Marian Murphy picked up 10,000 shares in food ingredients manufacturer Tate&Lyle on 10 February. The spouse of Dr. Gerry Murphy, Tate's chairman-designate, bought them at an individual price of 716.86p, the company said in a statement. Dr. Murphy, who also chaired The Blackstone
Read moreTate & Lyle sees FY better than expected after solid Q3
9th Feb 2017 07:43
(ShareCast News) - Tate & Lyle said on Thursday that it now expects full-year trading to be modestly ahead of its previous expectations following a solid performance in the third quarter. In a trading statement for the three months to the end of December, Tate said the group continued to perform str
Read moreSector movers: Drop in bond yields sees interest rate-sensitive names gain
8th Feb 2017 15:08
(ShareCast News) - Homebuilders and food processors were again at the top of the leaderboard on Wednesday, alongside interest rate-sensitive issues such as telecoms outfit Vodafone and utilities. Banks on the other hand retreated precisely due to the fall in benchmark Gilt yields. To take note of i
Read moreTate & Lyle names Blackstone exec Gerry Murphy chairman designate
15th Dec 2016 08:05
(ShareCast News) - Tate & Lyle has appointed Gerry Murphy as chairman designate with effect from 1 April, when Peter Gershon retires. Murphy is chairman of The Blackstone Group's principal European entity. Previously, he worked in the food and drinks sector, primarily with Grand Metropolitan - now D
Read moreTate & Lyle tanks as Exane highlights Trump threat to US-Mexico relations
9th Nov 2016 14:14
(ShareCast News) - Shares in Tate & Lyle tanked on Wednesday as Exane BNP Paribas downgraded its stance on the stock to 'underperform' from 'neutral' and cut the price target to 570p from 760p. The bank made the downgrade before Donald Trump actually won the US election, noting that his victory pose
Read moreMonday broker round-up
7th Nov 2016 11:39
(ShareCast News) - Acacia Mining: JP Morgan keeps at overweight with a target price of 620p. Indivior: Jefferies stays at buy, 450p target. Centrica: Berenberg reiterates buy with a 240p target. South 32: Deutsche Bank reiterates hold with a 122p target. Glencore: JP Morgan keeps at neutral with
Read moreSector movers: Stocks rattled by US political uncertainty
4th Nov 2016 15:37
(ShareCast News) - Political uncertainty was the main driver behind share price movements on either side of the Atlantic at the weekend. Stateside, a tracking poll from Real Clear Politics showed the Democratic party presidential hopeful holding on to a slim 1.7 percentage poll lead over her main ri
Read moreFriday newspaper share tips: Tate&Lyle, Schroders
4th Nov 2016 15:34
(ShareCast News) - Tate&Lyle continues to be an attractive proposition for investors despite recent sharp share price gains, The Times's Tempus said. The company's medium-term strategy is to reinvest profits from its bulk ingredients side into its speciality food ingredients arm, with a target of ac
Read moreFriday broker round-up
4th Nov 2016 11:02
(ShareCast News) - Coca Cola HBC: Barclays keeps at underweight with a target price of 1630p. Smith & Nephew: Jefferies stays at buy, 1395p target. Merlin Entertainments: Berenberg starts coverage with a 440p target. South 32: Barclays reiterates overweight with a 200p target. Ladbrokes: UBS keep
Read moreTate & Lyle sweetens outlook after strong first half
3rd Nov 2016 08:01
(ShareCast News) - Sweeteners and food ingredients producer Tate & Lyle said its full year profits were likely to be higher than first thought after profits were lifted 83% in the first half of the year by a tasty mix of organic growth and currency fluctuations. The FTSE 250 group, which takes less
Read moreThursday broker round-up
13th Oct 2016 13:43
(ShareCast News) - Ted Baker: Goldman Sachs keeps at buy with a target price of 3140p. Brown N: HSBC reiterates hold, 205p target. MITIE: Citigroup keeps at neutral with a 280p target. Prudential: Societe Generale reiterates outperform with a 1250p target. Astrazeneca: Jefferies keeps at buy with
Read moreDirectors dealings: Tate & Lyle's CFO sells after encouraging trading update
22nd Aug 2016 16:22
(ShareCast News) - Tate & Lyle's chief financial officer, Nick Hampton, has sold more than £330,000 of the company's shares a month after it reported an encouraging start to the year. On 21 July, Tate & Lyle said it has made a strong start to the year with profit ahead of the comparative period in c
Read moreMonday broker round-up
1st Aug 2016 09:49
(ShareCast News) - Thomas Cook: Berenberg reiterates hol d with a target price of 60p. Diageo: JP Morgan maintains overweight with a 2400p target. Indivior: Jefferies reiterates buy with a 330p target. Anglo American: HSBC stays at hold with a 930p target. Just Eat: UBS keeps at sell with a targ
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