Thursday broker round-up UPDATE
8th Aug 2013 07:10
Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuity upgrades from sell to hold with an unchanged target price of 112p. BBA Aviation: Citi raises target price from 292p to 335p reiterating a buy recom
Read moreLondon close: Gains limited ahead of central bank decisions
30th Jul 2013 16:41
Caution ahead of a number of central-bank policy decisions kept gains on equity markets to a minimum on Tuesday, with the FTSE 100 finishing slightly higher as traders digested a barrage of corporate earnings. The outcome of the Federal Open Market Committee meeting will be in focus on Wednesday, t
Read moreFTSE 250 movers: Int'l Personal Finance soars after record first half
30th Jul 2013 14:50
International Personal Finance saw shares surge on Tuesday after the Eastern Europe- and South America-focused home credit business reported a record first-half profit before tax of 42.3m pounds, up 35 per cent on last year. The company also pleased investors to return 60m pounds via a share buyback
Read moreThursday broker round-up UPDATE
11th Jul 2013 08:23
Afren: JP Morgan reduces target price from 195p to 165p and downgrades to underweight. Associated British Foods: Panmure Gordon increases target price from 1800p to 2100p upgrading from hold to buy. AVEVA Group: JP Morgan ups target price from 2300p to 2430p and retains a neutral rating. Aviva: M
Read moreFTSE 250 movers: Tullett Prebon and ICAP jump after UBS upgrade
30th May 2013 14:48
Inter-dealer brokers Tullett Prebon and ICAP surged on Thursday afternoon after UBS upgraded both stocks from 'sell' to 'neutral' following their recent underperformance. While the broker said it remains cautious on inter-dealer brokers in general due to "structural issues", it sees "risks to the
Read moreThursday broker round-up UPDATE
30th May 2013 08:19
AMEC: Morgan Stanley reduces target price from 1220p to 1100p and retains an underweight rating. Amlin: JP Morgan takes target price from 360p to 400p maintaining an underweight rating. Brewin Dolphin: Canaccord Genuity raises target price from 230p to 285p and reiterates a buy recommendation. C
Read moreFTSE 250 movers: Tullett, Anite, TalkTalk, Victrex
9th May 2013 14:47
Interdealer broker Tullett Prebon led the FTSE 250 race Thursday as investors shrugged off the company's four per cent decline in revenue for the first four months of the year. Shareholders seemed to pay closer attention to the group's announcement that it had finalised the terms of a participation
Read moreTullett Prebon posts four per cent decline in revenue
9th May 2013 08:52
Interdeal broker Tullett Prebon may have reported a four per cent decline in revenue for the first four months of the year on Thursday, but investors certainly didn't seem too bothered. With the share price headly firmly higher, shareholders appeared to be paying much closer attention to the group
Read moreShanta Gold director builds stake after strong results
18th Apr 2013 16:27
Shanta Gold, an AIM-listed miner, announced Thursday that Luke Leslie, a Non-Executive Director of the company, bought 193,891 shares. Leslie, who joined the board in August last year, bought the shares at 13p each for a total of £25,206. On Monday the East Africa focused gold producing company
Read moreMonday broker round-up UPDATE
11th Mar 2013 07:23
Admiral Group: Berenberg ups target price from 1000p to 1060p, but still recommends selling. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite Group: Invetsec downgrades from buy to hold with a target price of 157p. Aviva: Citigroup reduc
Read moreThursday broker round-up UPDATE
7th Mar 2013 07:25
Admiral: Nomura raises target price from 1350p to 1493p keeping a buy recommendation. African Barrick Gold: Nomura cuts target price from 435p to 200p and downgrades from neutral to reduce. Aggreko: Investec increases target price from 1750p to 1940p upgrading from hold to buy. Anglo American: No
Read moreAnnual revenue contracts by seven per cent at Tullett Prebon
5th Mar 2013 11:10
Revenue fell by seven per cent to 850.8m pounds in the year ended December 31st at FTSE 250-listed interdealer broker Tullett Prebon as challenging market conditions saw financial markets remain subdued. Underlying profit fell 15% to £126m and underlying basic earnings per share were 12% lower than
Read moreTullett Prebon unveils new Chairman
1st Mar 2013 08:33
Tullett Prebon, the FTSE 250-listed broker, has appointed non-executive Director Rupert Robson as its non-executive Chairman, with effect from March 6th when current Chairman Keither Hamill steps down. Robson, who has been a non-executive Director since January 2007, will stand down as a member and
Read moreLondon close: Stocks flat as caution sets in ahead of G20 statement
15th Feb 2013 16:43
Better-than-expected economic data from the States helped the Footsie erase its earlier losses on Friday afternoon, though the mood on markets was still cautious ahead of an announcement from the Group of 20 meeting in Moscow. Market analyst Craig Erlam from Alpari said that "traders opt[ed] to wai
Read moreFTSE 250 movers: Tullett Prebon 'dragged into LIBOR scandal'
15th Feb 2013 16:06
Interdealer broker Tullett Prebon sank after being drawn into the LIBOR scandal. Reports suggest that an individual at the firm was part of conversations about rigging the yen LIBOR rate, according to the Financial Times. Gold miner Petropavlovsk was lower after Citi downgraded its recommendation
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