Tuesday newspaper round-up: Data leaks, UK confidence, Barclays, BT
3rd May 2016 06:33
(ShareCast News) - US investors may be profiting from leaked economic data releases that allow them to front-run market-moving news, according to a research paper published by the European Central Bank. Macroeconomic news announcements can move markets, as traders watch for indications about how the
Read moreBroker tips: Whitbread, Paddy Power Betfair, TUI
26th Apr 2016 15:25
(ShareCast News) - Numis reiterated a 'hold' rating and target price of 4,000p for Whitbread on Tuesday, saying it expects "lack-lustre" earnings growth in the near term. The owner of Costa and Premier Inn reported its full year results on Tuesday, revealing a 12% increase in total revenue to £2.91b
Read moreJP Morgan downgrades Thomas Cook, upgrades TUI
26th Apr 2016 13:15
(ShareCast News) - TUI was making the most of the bumper UK summer holiday booking season, but the same could not be said of rival Thomas Cook, JP Morgan said. A 20.2% surge in UK holiday bookings during the month of February took fiscal year-to-date growth for the sector to 9.6%, with no signs of a
Read moreTuesday broker round-up
26th Apr 2016 13:09
(ShareCast News) - Premier Foods: Jefferies upgrades to buy with a 60p target. Aberdeen Asset Management: Citigroup downgrades to sell with a 265p target. Smiths Group: Jefferies keeps at buy with a target price of 1100p and Credit Suisse reiterates outperform with a target of 1275p. Close Brother
Read moreFTSE 250 movers: Board expectations lift AVEVA, Meggitt
19th Apr 2016 14:07
(ShareCast News) - The FTSE 250 was keeping its head above water on Tuesday afternoon, as oil prices continued their recovery. Engineering data and design software provider AVEVA was among the top risers, after the firm indicated its results to 31 March were likely to be broadly in line with expecta
Read moreBroker tips: Centamin, TUI, RBS
18th Apr 2016 12:25
(ShareCast News) - Numis reiterated an 'add' rating on Centamin and raised the target price to 110p from 100p after the miner reported a jump in first quarter production Centamin earlier this month reported a 6.4% increase in gold production at its flagship Sukari gold mine in Egypt to 125,268 ounce
Read moreTUI, Thomas Cook rally on Berenberg upgrades
18th Apr 2016 09:12
(ShareCast News) - Tour operators Thomas Cook and TUI were on the front foot as Berenberg upgraded its recommendations on both stocks. The bank said it was retaining a cautious view about the tour operators industry, which it reckoned will need to continue to extract efficiencies to stay competitive
Read moreSector movers: Travel stocks hit in wake of Brussels attacks
22nd Mar 2016 15:49
(ShareCast News) - UK share indices were trading sideways on Tuesday after the Brussels terror attacks earlier in the day, which from an investment perspective hit travel companies especially hard. The FTSE 100 index however recovered from its earlier losses in the aftermath of reports emerging of
Read moreEuropean travel and leisure stocks slide as explosions rock Belgian capital
22nd Mar 2016 09:10
(ShareCast News) - European travel and leisure stocks were under the cosh on Tuesday following terror attacks in Brussels. At least 26 people were killed and others injured as suicide bombers launched twin attacks on Brussels' Zaventem airport and the city's Maalbeek metro station. Belgian broadcas
Read moreBroker tips: Sainsbury's, Thomas Cook, WANdisco
16th Mar 2016 15:53
(ShareCast News) - Nomura has cut its price target on Sainsbury's ahead of Friday's bid deadline for Argos owner Home Retail, after an uneventful trading update. With the grocer's shares having risen to 280p, Nomura calculated that around 50p of that was from the value-creating potential of the Argo
Read moreThomas Cook and TUI slump on Citigroup downgrade
16th Mar 2016 12:17
(ShareCast News) - Tour operators Thomas Cook and TUI were under the cosh after Citigroup downgraded both to 'sell' from 'neutral', although the bank expects solid second-quarter statements from them. The bank cut its forecasts on Thomas Cook amid ongoing earnings risk given an expected significant
Read moreThomas Cook extends ban on Sharm el-Sheikh flights
8th Mar 2016 14:34
(ShareCast News) - Tour operator Thomas Cook has extended its ban on flights to Egyptian tourist spot Sharm el-Sheikh until the end of October. The company had previously imposed a ban on flights to Sharm until 25 May but has pushed this back following Foreign Office advice. Thomas Cook said it was
Read moreThomas Cook playing to strengths in challenging market
11th Feb 2016 09:06
(ShareCast News) - Geopolitical uncertainty and the threat of terrorism were putting a dampener on some of Thomas Cook's operations in its first quarter, though the company appeared to have a handle on it, with solid volumes and increased prices on its winter holidays. The FTSE 250 travel company sa
Read moreFriday broker round-up
5th Feb 2016 15:07
(ShareCast News) - Enterprise Inns: Barclays downgrades to underweight with a target of 80p. Thomas Cook: HSBC reiterates hold with a target price of 100p and JP Morgan keeps at overweight with a 170p target. Victrex: Deutsche Bank keeps at hold, 2000p target, UBS maintains neutral with a target
Read moreFTSE 250 movers: Underdone Restaurant Group drives market down
14th Jan 2016 15:39
(ShareCast News) - The FTSE 250 fell sharply on Thursday, down 259.61 points (1.55%) to 16,436.16 by mid-afternoon. Restaurant Group's year-end trading update came out undercooked after it revealed sales slowed in the final weeks of the year, with the market expecting a boost from the favourable cin
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