28th Dec 2016 14:41
(ShareCast News) - Interbroker dealer Tullett Prebon said it was changing it's name to TP ICAP as it said it expected to complete the acquisition of the global hybrid voice broking and information business of rival NEX (formerly known as ICAP). In a statement, Tullett said trading under its new name
Read more5th Dec 2016 12:57
(ShareCast News) - Cranswick's shares were under the cosh on Monday as Numis downgraded the food producer's stock to 'hold' from 'add' and cut the target price to 2,311p from 2,536p. While the company last week revealed a strong set of first half results, Numis noted the market's increased wariness
Read more5th Dec 2016 09:19
(ShareCast News) - Tullett Prebon's shares fell on Monday as HSBC downgraded the inter-dealer money broker's stock to 'hold' from buy' but raised the target price to 480p from 460p The share price has rallied more than 50% from lows in July following the Brexit vote as the company benefits from fore
Read more8th Nov 2016 12:11
(ShareCast News) - The FTSE 250 was led moderately lower on Tuesday as most markets moved skittishly sideways ahead of a US election that is seen as having potentially widespread implications for the global economy. The expected boost to volatility from global markets was behind a rise of interde
Read more4th 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 more4th Nov 2016 07:30
(ShareCast News) - Tullett Prebon reported a 15% jump in third-quarter revenue as it got a boost from the weaker pound, with 60% of group revenues denominated in US dollars. For the quarter to the end of September, revenue rose to £216m from £188m in the same period last year, which was a 4% increas
Read more3rd Nov 2016 11:39
(ShareCast News) - IAG: Deutsche Bank keeps at buy with a target price of 540p. Just Eat: Goldman Sachs stays at buy, 760p target. Next: Credit Suisse downgrades to underperform with a 4600p target. G4S: Deutsche Bank upgrades to hold with a 220 with a 3035p target. Cineworld: HBSC starts coverag
Read more3rd Oct 2016 15:31
(ShareCast News) - Interdealer broker Tullett Prebon said on Monday that Angus Wink, chief executive for EMEA, will retire with immediate effect after 26 years with the firm. Wink will continue to provide counsel as an independent advisor from early 2017. James Potter - currently managing director
Read more26th Sep 2016 07:12
(ShareCast News) - Veteran Icap operations director Ken Pigaga has had second thoughts about moving to Tullett Prebon along with his voice broking colleagues as part of the impending acquisition. Pigaga, after a decade at Icap following stints at Goldman Sachs and JP Morgan, was the most senior m
Read more8th Sep 2016 12:26
(ShareCast News) - Icap has received clearance from the UK competition regulator to sell on its London-based oil broking business, meaning its larger voice broking sale to Tullett Prebon can go ahead. The Competition and Markets Authority (CMA) on Thursday said it accepted the undertakings proposed
Read more23rd Aug 2016 14:50
(ShareCast News) - Jefferies upped its recommendation on BHP Billiton to 'buy' from 'hold' as it took a look at the metals and mining sector. The bank said it had been cautious on miners due to weak demand, ongoing supply growth, stretched balance sheets, and a lack of free cash flow for most mining
Read more23rd Aug 2016 14:31
(ShareCast News) - HSBC Global Research has maintained its 'Buy' rating on Tullett Prebon and hiked it price target on the stock to 440p, from 400, citing good momentum and dividend yield. HSBC also raised its earnings per share estimate for FY 2016 to 20.08p, from 19.48p, and for FY 2017 to 37.1p,
Read more2nd Aug 2016 08:24
(ShareCast News) - Tullett Prebon announced its results for the six months to 30 June on Tuesday, with underlying revenue of £430.3m, an increase of 4% on the prior period's 415.7m. The FTSE 250 firm's operating profit of £67.0m was a rise of 11% on the same time last year, with its operating margin
Read more22nd Jul 2016 13:42
(ShareCast News) - Tullett Prebon said on Friday that its proposed acquisition of ICAP's global hybrid voice broking and information business has been cleared by US authorities. The interdealer broker said it has been granted early termination of the waiting period under the US Hart-Scott-Rodino Ant
Read more8th Jul 2016 07:08
(ShareCast News) - Online trading company IG announced on Friday that it has appointed Paul Mainwaring as chief financial officer designate. The FTSE 250 firm said Mainwaring will start on Monday, replacing Mark Ward who will leave the company after a short handover, as previously announced. IG con
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