Broker snap: Opportunistic buyback tipped for Trinity
29th Nov 2010 09:14
The share price of newspaper group Trinity Mirror is down by a half over the last year and a third over the last month, prompting broker Panmure Gordon to suggest that the timing might be right for the group to embark on a share buy-back programme. The broker thinks that buying back the shares woul
Read moreWeak economy and spending cuts hit Trinity Mirror
11th Nov 2010 08:45
Shares in Trinity Mirror fell sharply after the Mirror publisher said trading has been volatile due to fragile economic conditions and uncertainty over the government spending review. Trinity, which also publishes a host of local titles, said advertising revenues were below recent trends in Septem
Read moreBroker tips: Rio Tinto, PartyGaming, Trinity Mirror
6th Aug 2010 12:37
Yesterday's profit from Rio Tinto was a record and better than expected, but the shares aren't trading far from where they were at February's finals, too low for Charles Stanley. The miner made US$5.8bn in the six months to 30 June, up from £2.6bn in the same period last year on sales of $26.8bn co
Read moreBroker snap: Trinity Mirror "annuity with bells on"
6th Aug 2010 11:57
Panmure Gordon has upped its forecasts and target price on Trinity Mirror, calling the newspaper group "an annuity with bells on". The broker raised the target price to 175p from £140p and reiterated its 'Buy' rating. It also increased its earnings per share forecasts for the second time in a wee
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
2nd Aug 2010 07:00
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0600 GMT [Dow Jones] Citigroup upgrades Trinity Mirror (TNI.LN) to hold from sell, following the recent falls in the share p
Read moreMARKET TALK: Citigroup Upgrades Trinity Mirror To Hold
2nd Aug 2010 07:00
0600 GMT [Dow Jones] Citigroup upgrades Trinity Mirror (TNI.LN) to hold from sell, following the recent falls in the share price. Also increases its price target to 100p from 90p. Despite stabilizing revenues, Citi does not see a return to top-line momentum in the near future, and says uncertaintie
Read moreMARKET TALK: Goldman Sachs Raises Trinity Mirror Price Target
30th Jul 2010 12:23
1123 GMT [Dow Jones] Goldman Sachs raises Trinity Mirror (TNI.LN) price target to 125p from 119p. Continues to believe market concerns regarding Trinity are overdone. Says at 2.7x '11E P/E and 4.4x EV/Ebitda, these concerns are more than reflected in the valuation, despite scope for good earnings g
Read moreLondon close: US gloom offsets company cheer
29th Jul 2010 16:33
Footsie closed slightly in the red, despite starting well on the back of well-received company updates, as weakness in the US spread across the Atlantic. AstraZeneca closed sharply higher. The group's potential blockbuster heart drug Brilinta has received the backing of a US advisory panel just as
Read moreUK SMALLCAP ROUNDUP: Surf's Up For Plantic Technology
29th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PLANTIC TECHNOLOGIES LTD. (PLNT.LN), a maker of biodegradable packaging for food, Thursday said it agreed terms for a takeover offer from the founder of
Read moreLondon afternoon: Footsie off the top
29th Jul 2010 14:28
The Footsie drifted lower over the lunch time session though still remained in positive territory, thanks in large part to enthusiastic responses to results from heavy hitters AstraZeneca, BT and Reed Elsevier. AstraZeneca is sharply higher. The group's potential blockbuster heart drug Brilinta has
Read moreSector movers: Media stocks move higher
29th Jul 2010 14:19
Updates from the media sector have been given an enthusiastic reception. Trinity Mirror is up more than 20%. A better advertising performance and a contribution from recent acquisition Guardian Regional Media sent first half profits climbing at the newspaper group. Underlying profits in the half -y
Read moreUPDATE: Trinity Mirror Sees Revenue Decline Slowing In 2H
29th Jul 2010 14:14
(Adds detail, analyst comment, share price.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. newspaper publisher Trinity Mirror PLC (TNI.LN) Thursday said it expects revenue declines to slow in the second half, after its first-half pretax profit soared due to a non-rec
Read moreTrinity lifted by Guardian buy
29th Jul 2010 13:47
A better advertising performance and a contribution from recent acquisition Guardian Regional Media sent first half profits climbing at newspaper group Trinity Mirror. Underlying profits in the half -year to June jumped to £50.4m from £31.3m, on flat sales of £382m. Pre-tax profits were £84.8m up f
Read moreBroker tips: Trinity Mirror, Rank, Morgan Crucible
29th Jul 2010 13:04
Interim results from Daily Mirror owner Trinity Mirror were ahead of expectations but the publisher faces 'aggressive competitor activity' in the second half of the year, Singer Capital Markets warns. Nevertheless, the broker predicts that the first half performance should see market consensus fore
Read moreBroker snap: Singer expects Trinity profit upgrades
29th Jul 2010 13:03
Interim results from Daily Mirror owner Trinity Mirror were ahead of expectations but the publisher faces 'aggressive competitor activity' in the second half of the year, Singer Capital Markets warns. Nevertheless, the broker predicts that the first half performance should see market consensus fore
Read more