UBM's CEO David Levin steps down
13th Jan 2014 07:20
UBM's boss David Levin will step down four months earlier than previously announced after being appointed President and Chief Executive Officer (CEO) of McGraw-Hill Education in New York. Levin, who has been CEO of UBM since 2005, will depart the marketing and communications company on March 1st 2
Read moreBroker snap: Take profits at Euromoney, Westhouse recommends
20th Dec 2013 10:57
Westhouse Securities has downgraded its rating for magazine publisher Euromoney Institutional Investor from 'neutral' to 'sell', saying that the stock's valuation is looking stretched. The broker explained that the share price has increased by 12% since it last updated its forecasts and increased i
Read moreFTSE 250 movers: Cable & Wireless, Go-Ahead Group
17th Dec 2013 14:28
Cable & Wireless Communications gained on speculation that media giant Liberty Global is mulling a cash bid for the telecoms group. Go-Ahead Group advanced after Goldman Sachs upgraded the transport group from 'neutral' to 'buy', saying it expects the shares to rise by a quarter over 12 months. C
Read moreTuesday broker round-up UPDATE
17th Dec 2013 08:14
Advanced Medical Solutions: Panmure Gordon downgrades from buy to hold with a target price of 102p. Antofagasta: Canaccord Genuity cuts target price from 1110p to 1035p, while staying with its buy recommendation. ASOS: Panmure Gordon increases target price from 5950p to 6126p, while downgrading fr
Read moreFTSE 250 movers: Perform attempts to recover after recent sell-off
16th Dec 2013 15:24
Digital sports media firm Perform Group was a high riser on Monday as it continues to recover following a sharp sell-off last week following a profit warning. The company's share price fell 57 per cent on Thursday alone after it said that earnings would be 'significantly below' previous forecasts.
Read moreLondon midday: Aggreko leads markets higher, data comes in mixed
16th Dec 2013 11:33
- Aggreko leads risers in London after decent update - Chinese manufacturing eases in December - Eurozone business activity picks up speed techMARK 2,667.87 +0.16% FTSE 100 6,470.25 +0.47% FTSE 250 15,279.52 +0.30% After a slow start, stocks in the UK were making moderate gains by Monday lunchtime
Read moreLondon open: FTSE 100 holds at two-month low ahead of Fed
16th Dec 2013 08:28
- FTSE 100 trading at lowest level since October 11th - Taper in focus ahead of Fed decision on Wednesday - Mining stocks weigh on upside after China data techMARK 2,664.73 +0.04% FTSE 100 6,437.51 -0.04% FTSE 250 15,237.35 +0.03% UK markets opened more or less flat on Monday morning, holding at
Read moreMonday broker round-up UPDATE
16th Dec 2013 08:16
Admiral Group: Deutsche Bank moves target price from 1300p to 1330p and maintains a hold recommendation. Allocate Software: N+1 Singer raises target price from 98p to 108p keeping a buy recommendation. Amlin: Deutsche Bank ups target price from 465p to 484p reiterating its hold recommendation. Ca
Read moreUBM hits fourth-quarter targets
16th Dec 2013 07:45
- On track to hit full-year revenue target - Revenues to reflect the devaluation of its major trading currencies - Earnings per share to be 53-54p FTSE-250 media company UBM said it expects its full-year performance to be in line with expectations after fourth-quarter trading came in as anticipate
Read moreWednesday broker round-up UPDATE
11th Dec 2013 08:35
Afren: Goldman Sachs lowers target price from 280p to 270p, while leaving its strong buy recommendation unaltered. Canaccord Genuity takes target price from 190p to 205p and keeps a buy recommendation. Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 44
Read moreTuesday broker round-up UPDATE
10th Dec 2013 09:43
Amlin: Westhouse Securities moves target price from 470p to 480p and reiterates an add rating. Antofagasta: Credit Suisse reduces target price from 900p to 750p, while upgrading to neutral. UBS cuts target price from 845p to 765p retaining its neutral rating. Ashley House: WH Ireland moves target
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreRPS exec reduces stake by nearly a quarter
5th Nov 2013 16:19
Energy and engineering consultant RPS Group said Tuesday that Executive Director, Phil Williams, had that day traded in 100,000 shares, reducing his stake to 318,439. Williams earned £289,500 from the sale, which comes just one week after the FTSE 250 company treated investors to a third quarter u
Read moreTuesday broker round-up UPDATE
5th Nov 2013 08:57
Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target
Read moreWednesday broker round-up UPDATE
23rd Oct 2013 09:28
Abcam: Numis downgrades to add with a target price of 570p. ARM Holdings: Deutsche Bank increases target price from 1080p to 1130p and maintains a buy recommendation. JP Morgan raises target price from 625p to 750p and leaves its neutral rating unaltered. Societe Generale ups target price from 640p
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