Consumer companies will suffer from exposure to EMEA, says Moody's
7th Dec 2015 14:00
(ShareCast News) - Companies in consumer-facing industries like beverages and clothing with strong exposure to Europe, the Middle East and Africa (EMEA) are going to lag global sales and profit growth in 2016, Moody's has warned. The credit agency said the slowdown in emerging markets, increasing pr
Read moreSunday share tips: BHP Billiton, Card Factory, Santa Rally stock-picks
1st Nov 2015 14:18
(ShareCast News) - Sell shares in BHP Billiton, said the Sunday Times' Inside the City column. A recent $6.5bn fundraising was arranged as a 'hybrid' issue as the company seeks to protect its A+ rating. The mining giant said it will use the cash for working capital and to pay down debt, but some vie
Read moreFriday newspaper share tips: Mixed views on Unilever; WH Smith a good long term bet
16th Oct 2015 10:33
(ShareCast News) - Unilever's results on Thursday left the newspaper pundits in disagreement about whether now was time to invest in the consumer goods company. In the Telegraph Questor said that investors would have breathed a sigh of relief after it posted a third quarter jump in revenue and a lif
Read moreFTSE 100 movers: Burberry trips lower, ARM flexes
15th Oct 2015 13:50
(ShareCast News) - The FTSE 100 slowly recovered Wednesday's losses, up 55.73 (0.89%) to 6,325.34 by mid-afternoon Thursday. Burberry took the biggest hit of the day after it announced sales slowed in the second quarter as the luxury market became "increasingly challenging". While retail sales were
Read moreLondon midday: Stocks boosted by Chinese lending figures ahead of US inflation
15th Oct 2015 11:09
(ShareCast News) - London stocks were on the front foot on Thursday, buoyed by a higher than expected increase in Chinese lending figures. China's banks issued 1.05trn yuan in new yuan loans in September, compared to 809.6bn yuan in August and analysts' expectations of 850bn yuan. "Although this wi
Read moreLondon pre-open: Stocks to edge higher ahead of US data, Fed speakers
15th Oct 2015 07:36
(ShareCast News) - Equity markets in Europe were expected to move higher at the start of trading on the back of overnight gains in the Asian trading session, as investors digest the potential implications of the dovish US Federal Reserve Beige book published on Wednesday night. Footsie is expected t
Read moreUnilever's third-quarter sales surge and lift full year hopes
15th Oct 2015 07:06
(ShareCast News) - Household goods giant Unilever posted a jump in revenue in the third quarter and said it now expects underlying sales growth for the year to be towards the top end of its target range. Turnover increased by 9.4% to $13.4bn, including a positive currency impact of 2.9%, while under
Read moreFTSE 100 movers: ARM, Johnson Matthey and Unilever boosted by upbeat broker notes
25th Sep 2015 15:59
(ShareCast News) - London's FTSE was firmly in the black on Friday, bouncing back as Federal Reserve chairwoman Janet Yellen's argument in favour of raising interest rates this year alleviated concerns about the economic outlook. At 1613 BST, the FTSE 100 index was up 2.6% at 6,115.49. ARM Holdings,
Read moreBroker tips: IAG, Unilever, RBS
25th Sep 2015 13:15
(ShareCast News) - JPMorgan Cazenove upgraded International Consolidated Airlines Group to 'overweight' from 'neutral' and lifted its price target to €9.55 from €8.50. JPM highlighted IAG's potential to expand profitability beyond the 1-2% unit cost savings discounted in the bank's medium-term estim
Read moreUnilever gets a leg-up from Berenberg upgrade
25th Sep 2015 11:14
(ShareCast News) - Unilever shares rallied as Berenberg lifted its stance on the stock to 'buy' from 'hold' with an unchanged price target of 3,050p. It said with peer multiples diverging from parity to the widest level since 2008, a valuation entry point has opened up, offering 20% upside. Berenbe
Read moreLondon close: UK stocks decline after labour market data disappoints
12th Aug 2015 16:16
(ShareCast News) - UK stocks ended Wednesday lower as investors processed disappointing UK jobs data and another devaluation of the yuan by China's central bank. The number of people employed in the UK in the three months to June fell 63,000 to 31.035m, more than the 55,000 drop expected by analysts
Read moreLondon midday: Stocks drop on UK jobs data, China woes, Greek concerns
12th Aug 2015 11:32
(ShareCast News) - Worse-than-expected UK jobs data and another devaluation of the yuan by China's central bank sent London-listed stocks lower on Wednesday at midday. The number of people employed in the UK in the three months to June fell 63,000 to 31.035m, more than the 55,000 drop expected by an
Read moreBroker tips: Dairy Crest, Unilever, ICAP
12th Aug 2015 11:06
(ShareCast News) - Credit Suisse lowered its rating for Dairy Crest to 'neutral' from 'outperform' following a strong run in the company's share price. Analyst Charlie Mills said in a note Credit Suisse had raised its price target to 620p from 580p, after a 17% increase in the share price, triggered
Read moreUnilever under the cosh after Goldman downgrade
12th Aug 2015 08:21
(ShareCast News) - Unilever was the worst performer on the FTSE 100 on Wednesday morning after Goldman Sachs downgraded the stock to 'sell' from 'neutral' and cut its price target to 2,560p from 2,820p. Goldman said the consumer goods company was negatively positioned with respect to the changes in
Read moreBroker tips: Unilever, Man Group, Sky
23rd Jul 2015 16:01
(ShareCast News) - Nomura held onto its 'reduce' rating on Unilever, with its forecasts below consensus and a target price more than quarter lower that the shares' current level. "Despite a better quarter than we expected, we continue to believe UNA will struggle to get over 3% underlying sales grow
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