Tuesday broker round-up UPDATE
4th Nov 2014 09:32
Aberdeen Asset Management: Credit Suisse ups target price from 440p to 455p and keeps a neutral rating. Anglo Eastern: FinnCap initiates with a target price of 880p and a buy recommendation. Ashmore: Credit Suisse downgrades to underperform. Barclays: Citi moves target price from 300p to 315p stay
Read moreBwin.party CEO and chairman show support after losses widen
29th Aug 2014 17:16
Purchases were made by both the chief executive officer and chairman of Bwin.party on Friday after the online gaming group posted wider first half losses. Chief executive Norbert Teufelberger acquired £206,203-worth of shares, paying 82.48p for each of the 250,000 shares. Chairman Philip Yea boug
Read moreThursday broker round-up UPDATE
21st Aug 2014 11:34
Beowulf Mining: Cantor Fitzgerald places its target price under review, while keeping a buy recommendation. Cairn Energy: Investec ups target price from 220p to 245p and reiterates a buy recommendation. Carillion: Oriel reinstates with a target price of 402p and a buy recommendation. Gem Diamonds
Read moreTT Electronics finance chief sells stock
1st Apr 2014 13:09
The wife of TT Electronics Finance Director Shatish Desani sold down some of the pair's stake on Tuesday with the shares just off a seven-year high. The Desanis sold £319,500 of a stake under Mrs Desani's name at 213p, to leave the couple with a holding of 0.33%. Desani joined in 2008 when the sh
Read moreFriday broker round-up UPDATE
24th Jan 2014 08:35
Aberdeen Asset Management: Morgan Stanley reduces target price from 492p to 393p and downgrades from equal-weight to underweight. Afren: Morgan Stanley moves target price from 210p to 220p retaining an overweight rating. Ashmore Group: Morgan Stanley cuts target price from 410p to 365p and reitera
Read moreTT Electronics announces German efficiency drive, FY in line
10th Jan 2014 09:59
After confirming 2013 trading remained in line with expectations, TT Electronics has announced an investment plan for its German operations that will hit profits for the coming year. The German restructuring, including relocation of German manufacturing operations to its other facilities in lower-
Read moreWednesday broker round-up
13th Nov 2013 12:33
AMEC: Credit Suisse downgrades from outperform to neutral with a target price of 1250p. Antofagasta: Alphavalue lowers target price from 1000.6p to 999.5p, while upgrading from add to buy. Associated British Foods: Credit Suisse raises target price from 1850p to 2250p and keeps a neutral rating.
Read moreXP Power Chairman sells 50,000 shares after bullish update
11th Oct 2013 16:14
XP Power's Chairman, Larry Tracey, on Friday sold 50,000 shares in the manufacturer of electronic equipment components after it issued a bullish update on trading. Tracey disposed of the shares at 1,500p each, leaving him with 1.23m shares and a 6.38% stake in the group. The company reported that
Read moreTT Electronics profit slips, upbeat outlook
20th Aug 2013 08:02
TT electronics revealed weaker pre-tax profit for the half year but said recent trading had been encouraging. Profit before taxation fell to £8.9 from £11.0m for the six months ended June 30th. Revenue increased to £261.0m from £247.2m. Operating profit was hit by reduced sales in Components and
Read moreWednesday broker round-up UPDATE
5th Jun 2013 09:34
Aberdeen Asset Mangement: UBS cuts target price from 520p to 505p, while maintaining its buy recommendation. Alternative Networks: Investec revises target price from 350p to 390p keeping a buy recommendation. API Group: Numis upgrades to add with a target price of 75p. Ashmore Group: UBS lowers t
Read moreTT electronics to meet full-year forecasts
9th May 2013 13:22
TT electronics said it was on track to meet annual expectations as the company made a good start to the year with a sales increase of 2.5 per cent on a constant currency basis. The group - which supplies technology to manufacturers - reported strong trading results in the four months to April, dri
Read moreMonday broker round-up UPDATE
25th Mar 2013 07:12
Amur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3
Read moreTT electronics reports decline in revenues and profits
14th Mar 2013 09:43
TT electronics said a challenging market environment lead to a drop in annual revenue and pre-tax profit. The provider of technology solutions to manufacturers posted a 6.4% fall in 2012 revenue of £476m and a 12.7% decline in pre-tax profit of £26.7m. Nevertheless, the group raised its dividend b
Read moreTT Electronics trims full year guidance
30th Oct 2012 10:33
TT Electronics, the components, sensors and integrated manufacturing services provider, managed the unusual feat of issuing a mild profit warning and seeing its share price rise. The group said global market conditions continued to deteriorate in recent weeks, with order intake slowing down and som
Read moreWeek Ahead: AG Barr, Aberdeen Asset, TUI
21st Sep 2012 08:09
Results from Irn-Bru maker AG Barr are due out on Monday, raising hopes that there may soon be an announcement regarding the Scottish firm's plans to take over its larger Chelmsford-based rival, Britvic. Panmure Gordon reckons the firm's interim results are likely to be overshadowed by the merger
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