Thomas Cook sails to third quarter profits
1st Aug 2013 08:57
After a year at the helm Thomas Cook Chief Executive Harriet Green has steered the tour operator back to underlying third quarter profits and halved its debt mountain. Cook said the group had continued to make significant progress in transforming itself after the torrid time it had endured over the
Read moreFTSE 250 movers: Hochschild Mining jumps after Q2 update
17th Jul 2013 14:53
Mining stocks were in demand on Wednesday with precious metals group Hochschild Mining the standout performer after saying that it remains on track to hit its full-year production target of 20m silver equivalent ounces following an in-line second quarter. The company also said that its 'cashflow opt
Read moreThursday broker round-up UPDATE
6th Jun 2013 07:37
Aggreko: Goldman Sachs cuts target price from 2425p to 2125p, while retaining its buy recommendation. Alliance Pharma: FinnCap shifts target price from 35p to 38.50p and stays with its hold recommendation. APR Energy: Goldman Sachs reduces target price from 990p to 945p keeping a buy recommendatio
Read moreThomas Cook completes capital reorganisation
4th Jun 2013 07:36
Thomas Cook announced Tuesday the completion of its capital reorganisation. Following the move, the issued share capital of the company after market close Monday was around 935m ordinary shares at €0.01 each. The travel group said the capital reorganisation did not result in an adjustment to the n
Read moreSTOXX announces changes to Europe 600 Index
29th May 2013 11:14
STOXX Limited has announced the addition and deletion of UK company stocks from its Europe 600 Index as part of a quarterly review. The global index provider, which covers world markets, will delete Spirent Communications, National Express Group, Vesuvius, Kazakhmys, Eurasian Natural Resources (ENR
Read moreThomas Cook secures aircraft financing
29th May 2013 07:14
FTSE 250-listed travel company Thomas Cook Group has reported that GECAS has agreed to acquire six A321-200s directly from Airbus, further to a purchase agreement between Thomas Cook and Airbus dated January 25th 2011. Thomas Cook said that it would lease back those aircraft from GECAS at an averag
Read moreBroker tips: StanChart, AVEVA, Thomas Cook
24th May 2013 10:50
Investec has maintained its 'buy' rating and 1,900p target price for emerging markets-focused lender Standard Chartered, saying that the stock remains its top pick in the banking sector. Gordon highlighted StanChart's "unique growth profile" which translates to a 19% earnings-per-share (EPS) growth
Read moreBroker snap: Panmure upgrades Thomas Cook, sees dividends by 2015
24th May 2013 10:08
Panmure Gordon has upgraded its rating for travel operator Thomas Cook by two notches from 'sell' to 'buy' and hiked its target price from 54p to 164p following last week's interim results and capital reorganisation. Thomas Cook announced on May 16th that its loss before tax in the half year to Mar
Read moreFriday broker round-up UPDATE
24th May 2013 08:00
Aveva: Panmure Gordon ups target price from 2076p to to 2091p keeping a hold recommendation. Investec takes target price from 2450p to 2500p and retains its buy recommendation. Credit Suisse increases target price from 2013p to 2240p, while staying with its neutral rating. Barratt Developments: Lib
Read moreThursday broker round-up UPDATE
23rd May 2013 08:35
Amara Mining: Numis lowers target price from 80p to 70p, while keeping a buy recommendation. ARM Holdings: Exane downgrades to neutral with a target price of 1000p. Aveva: Panmure Gordon raises target price from 1900p to 2076p and retains a hold recommendation. Canaccord Genuity increases target p
Read moreTuesday broker round-up UPDATE
21st May 2013 07:12
Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged. Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation. Big Yellow Group: Investec increases target price from 370p to 430p a
Read moreMonday broker round-up UPDATE
20th May 2013 08:32
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating. Amlin: Morgan Stanley ups target price from 428p to 469p, while maintaining an overweight rating. Anite: Espirito Santo cuts target price from 180p to 165p retaining a buy recommendation. Ashtead Group: UBS takes
Read moreSunday share tips: Thomas Cook, Mitchells and Butlers, Lloyds
19th May 2013 17:30
Thomas Cook still has a long flight ahead of it, but the new Captain at the controls seems to have stabilised the craft. In fact, things now look normal. Above all, the company needs to sharply improve the experience of its customers, quite a challenge. However, the 1.6bn pound capital restructurin
Read moreLondon close: FTSE 100 snaps winning streak after poor US data
16th May 2013 16:41
The FTSE 100 has finally ended its long-running winning streak after poor economic data from the States dampened stocks by the close of trade on Thursday. Markets were relatively rangebound for most of the session today, teetering around a five-and-a-half-year high of 6,700 following 10 consecutive
Read moreFTSE 250 movers: Synthomer drops into bottom spot
16th May 2013 15:27
Shares in chemicals company Synthomer dropped on Thursday after the company said demand in Europe was weaker than anticipated during March and April, driving the overall group performance lower. Investment group 3i Group failed to impress despite a surge in assets under management (AuM) in the year
Read more