17th Jul 2015 10:38
(ShareCast News) - A government-backed report on carbohydrates has called for the British recommended daily allowance of sugar to be cut in half, which has forced retailers to robustly defend their efforts to cut the sugar content and calorie counts of their products. As expected, the Scientific Adv
Read more16th Jul 2015 15:21
(ShareCast News) - Sugar producers and sweet food manufacturers are soon to be hit by a halving of the government's recommended sugar intake levels, according to reports. A report on carbohydrate consumption by the Scientific Advisory Committee on Nutrition (SACN), which advises Public Health Englan
Read more8th Jul 2015 11:19
Charles Stanley has raised its recommendation for Royal Bank of Scotland from 'reduce' to 'hold', saying the stock is now "fairly valued" despite remaining misconduct uncertainties. The broker said RBS has been the standout laggard in the UK banking sector so far this year, falling by 15%. "We belie
Read more8th Jul 2015 09:24
Credit Suisse upgraded Tate & Lyle to 'neutral' from 'underperform' following the recent underperformance that has seen the shares fall below its price target. CS noted that the shares have de-rated to 15 times this year's estimated earnings and the dividend offers further support. "Close to £5 loo
Read more8th Jun 2015 08:04
Shire: Deutsche Bank reiterates buy recommendation and 6,000p target. Bellway: Deutsche Bank stays at hold with a 2,326p target price, Citi reiterates buy. Halfords: Deustche Bank remains at hold and ups target to 480p from 460p. Churchill Mining: Northland initiates coverage at 'speculative buy'.
Read more1st Jun 2015 09:48
Lamprell: Citi reiterates neutral recommendation and raises target to 155p. British Land: JP Morgan ups target to 970p from 950p and stays at overweight. Derwent London: JP Morgan raises target to 3,900p from 3,800p but keeps at overweight. Great Portland Estates: JP Morgan lifts target to 920p fr
Read more29th May 2015 14:49
Societe Generale cut its price target on Tate & Lyle to 600p from 660p to reflect downgrades to its earnings estimates following the company's full-year results. The bank cut its full-year 2016 adjusted pre-tax profit forecast by 3% to £205m to reflect a weaker outlook for the bulk ingredients divis
Read more28th May 2015 16:38
London's stocks finished a choppy session in the green, though gains were only modest as sentiment continued to be dominated by mixed newsflow from Greece. The FTSE 100 settled the session up 7.59 points (+0.11%) at 7,040.92 after swinging between gains and losses for most of the day, with trading v
Read more28th May 2015 13:10
UK stocks were subdued on Thursday, following weak economic data and continued investor uncertainty on Greek developments. Sector-wise, strong performances from technology and retail was outweighed by weakness in telecommunications and mining. As of 15:00 BST, the FTSE 250 was trading 0.012% lower a
Read more28th May 2015 11:44
Stocks erased losses to push into positive territory by Thursday lunchtime despite some disappointing UK economic data, as investors continued to focus on newsflow from Greece. The FTSE 100 was up 0.18% at 7,045.78 by midday, having bounced off an earlier low of 7,005.88. Markets seemingly shrugged
Read more28th May 2015 08:40
Stocks opened in the red on Thursday as investors took profits following a surge the day before, with renewed uncertainty in Greece hitting sentiment. The FTSE 100 was down 0.22% at 7,017.70 early on. Reports of a imminent Greek debt deal hitting the wires spurred buying on Wednesday, sending the i
Read more28th May 2015 07:50
Thursday's session is set to start on a quiet note, pausing after strong gains the previous day as reports of a imminent Greek debt deal spurred buying. City sources predict the FTSE 100 will open just a few points lower after surging 1.2% on Wednesday's to close at 7,033.33. "There's been months o
Read more28th May 2015 07:42
Shares in Tate & Lyle slid 4% on Thursday after the company said that full-year pre-tax profit dropped 30% in the year ended 31 March, in line with its expectations, as it continues to restructure its business. Profit fell to to £224m from £322m, while adjusted sales fell 15% to £2.69bn from £3.15bn
Read more24th May 2015 17:15
Insurer Direct Line's shares are worth holding, according to Midas in the Mail on Sunday. The insurer is part of a new tendency of companies to pay special dividends on top of their two payments per year. Directors have proposed special dividends every year and are expected to pay two for 2015, taki
Read more22nd Apr 2015 13:28
Shares in sugar, sweetener and food ingredients group Tate & Lyle were losing their flavour after analysts at Credit Suisse lowered their rating on the stock from 'neutral' to 'underperform'. Ladbrokes was also trading lower as the bookmaker revealed operating profits were down materially due to cus
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