Ruspetro CEO keeps the faith
14th May 2013 15:48
Donald Wolcott, Chief Executive Officer of Ruspetro, the oil and gas producer, has acquired 502,947 shares taking his total holding in the company to 12.79m. The director bought the shares at 42.5p each, costing a total of £213,702. The group last month said that it is planning to restructure it
Read moreMonday broker round-up UPDATE
13th May 2013 07:18
Bioquell: Investec shifts target price from 136p to 141p and keeps a hold recommendation. blinkx: Canaccord Genuity moves target price from 125p to 135p reiterating its buy recommendation. Britvic: Panmure Gordon increases target price from 380p to 460p and retains a hold recommendation. BT Group
Read moreWednesday broker round-up UPDATE
20th Feb 2013 07:04
Amara Mining: Goldman Sachs moves target price from 90p to 55p downgrading to neutral. Aureus Mining: Goldman Sachs revises target price from 65p to 55p retaining a neutral rating. Avocet Mining: Goldman Sachs cuts target price from 55p to 30p and upgrades from sell to neutral. AZ Electronic Mate
Read moreSales evaporate at Treatt
10th Dec 2012 07:32
Treatt, an ingredients supplier to the flavour and fragrance industries, posted a drop in annual revenue, after a weak first quarter, but said it remains well placed for future growth. Group revenue fell 0.7% to £74m for the year ended September 30th 2012 while pre-tax profit fell to £5.1m from £6.
Read moreMonday broker round-up UPDATE
10th Dec 2012 07:10
Andor Technology: Investec moves target price from 450p to 460p, while reiterating its buy recommendation. Antofagasta: Alphavalue downgrades to reduce, while keeping the target price at 1371p. Ashtead Group: Investec target price from 250p to 475p and reiterates its buy recommendation. Atkins: J
Read moreThursday broker round-up - UPDATE
15th Dec 2011 08:48
Hays: Barclays initiates at outperform. Morgan Crucible: Goldman Sachs upgrades to buy from neutral. Hargreaves Lansdown: Citi cuts to neutral from buy. Cairn Energy: Investec keeps hold, target cut from 333p to 291p. Betfair: UBS raises target from 620p to 625p, sell rating unchanged. Logica:
Read moreMonday broker round-up - UPDATE
5th Dec 2011 08:45
Kingfisher: Credit Suisse raises price target to 310p from 295p, outperform rating kept. Berkeley Group: Credit Suisse raises target to 1,225p from 1,079p, maintains neutral. Berkeley Group: UBS raises target to 1,530p from 1,480p. BG Group: UBS ups price target to 1,635p from 1,600p, stays at
Read moreTreatt sees significantly lower 2012
5th Dec 2011 07:44
Flavour and fragrance ingredients supplier Treatt served up a 42% increase in annual pre-tax profit but warned profit for 2012 will be significantly lower than was previously thought as its customers experience economic weakness. The manufacturer and supplier of conventional, organic and fair trade
Read moreTreatt hit by strong dollar
12th Oct 2011 09:24
Shares in Treatt, which makes ingredients for the flavour, fragrance and cosmetic industries, fell this morning after it said losses foreign exchange losses would mean it missing full year expectations. The shares dropped almost 4% after the firm warned that in the last two weeks of its financial y
Read moreTreatt may see margin pressure after bumper half
23rd May 2011 17:10
Ingredients maker Treatt briefly hit a 52-week high following bumper interim results before the bears, seizing on the board's forecast that second half results may not match the first half, drove the shares lower. Profit before tax in the six months to the end of March surged to £3.72m from £1.49m
Read moreLondon close: Carnival sinks
22nd Mar 2011 16:57
A confident start was derailed by worse than expected inflation figures and a rally in the final hour of trading only brought out profit takers right at the death, leaving Footsie in the red. UK annual inflation rose faster than predicted in February, as surging utility bills drove up living costs.
Read moreLondon afternoon: Downward drift continues
22nd Mar 2011 14:09
Footsie lost more ground over the lunch time session as Wall Street opened mixed, failing to carry on the strong advance seen yesterday. GKN is lower on speculation of a bid for French peer Latecoere. The French aerospace firm, which provides doors for Boeing and Airbus, is looking for a buyer, acc
Read moreLondon midday: Inflation shock spoils the party
22nd Mar 2011 11:39
Disappointing inflation data seems to have put paid to Footsie's attempts to continue its recent revival. The inflation rate, as measured by the consumer prices index, rose to 4.4% in February from 4.0% in January. The rate topped market expectations of a figure of 4.2% and will pile on the pressur
Read moreLondon open: Healthy early gains
22nd Mar 2011 08:55
A bit of momentum is building behind Footsie now, with fund managers and life groups going well. Schroders and Prudential are two of the best performers after the Dow rose again overnight to climb back through the 12,000 mark. Cairn Energy has yet to reach an agreement with the Indian authoritie
Read moreTreatt sees 'materially higher' full year
22nd Mar 2011 07:31
Treatt, which makes ingredients for the flavour, fragrance and cosmetic industries, said results for the full year are expected to be materially higher than previously anticipated after strong trading at its US division. Trading during the half year 'significantly exceeded expectations' while order
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