888 director sells majority of stake despite strong 2012 results
14th Mar 2013 16:31
John Anderson, an independent non-Executive Director of 888, the online casino and online poker firm, has sold 697,500 pounds-worth of shares in the company the same day the group unveiled a special dividend following a strong full year performance. The director, who was previously the Chief Execu
Read moreMonday broker round-up UPDATE
18th Feb 2013 08:09
AMEC: Deutsche Bank cuts target price from 1350p to 1250p and stays with its buy recommendation. HSBC lowers target price from 1225p to 1200p keeping an overweight rating. Anglo American: Deutsche Bank moves target price from 2260p to 2290p and maintains a buy recommendation. HSBC upgrades to overw
Read moreLo-Q Chairman adds to stake, out-going Burberry CFO sells up
15th Feb 2013 08:43
The non-executive Chairman of Lo-Q, the AIM-listed technology solutions provider, purchased a chunk of shares in the group on Thursday. In an announcement that came after Thursday's close, it was revealed the Chairman had bought himself £174,400-worth of shares just two days after the company poste
Read moreARM CCO shaves 200,000 shares off stake
13th Feb 2013 16:09
Mike Inglis, the Chief Commercial Officer of ARM since March last year, this week traded in 200,000 shares in the semiconductor and software design company. Inglis sold 186,703 of the shares at 921p for a total of just under £1.72m, while the remaining 13,297 were disposed of at 917p for £0.12m.
Read moreWednesday broker round-up UPDATE
13th Feb 2013 07:47
API Group: Numis shifts target price from 70p to 67p downgrading to hold. Barclays: Morgan Stanley raises target price from 386p to 400p keeping an overweight rating. Credit Suisse increases target price from 250p to 290p, while leaving its neutral rating unchanged. JP Morgan ups target price from
Read moreTuesday broker round-up UPDATE
12th Feb 2013 07:24
AMEC: Exane BNP initiates with a target price of 1140p and an underperform rating. Anglo American: Goldman Sachs increases target price from 1500p to 1550p, while keeping a sell recommendation. Barclays: Nomura reiterates reduce. Charles Stanley reiterates hold. Investec reiterates buy, with price
Read moreVolex buys active optical technology from Applied Micro Circuits
15th Jan 2013 11:44
Volex has acquired active optical technology from Applied Micro Circuits Corporation for 2 million dollars, the company announced Tuesday. Volex - a provider of electrical, digital and optical connections - said Applied Micro agreed to a five-year non-compete for the marketing and sale of active op
Read moreVolex shares fall on 'softening of demand across all sectors'
14th Dec 2012 09:10
Shares in Volex, the provider of electrical, digital and optical connections, fell 27.27 per cent to 102p at 09:31 on Friday morning following publication of a trading update and news of board appointments at the company. The group stated: "contrary to earlier expectations of growth in second half
Read moreFriday broker round-up UPDATE
14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read moreWednesday broker round-up - UDPATE
31st Oct 2012 09:09
AMEC: Seymour Pierce keeps buy rating and 1,250p target; Investec keeps buy rating and 1,300p target. Babcock: Panmure Gordon keeps hold rating and 940p target. Barclays: Nomura keeps reduce rating and 210p target. BP: Jefferies keeps hold rating and 450p target. Chariot Oil & Gas: Seymour Pierc
Read moreVolex half year profit tumbles, FY on track
31st Oct 2012 07:22
Power cord maker Volex reported a drop in profit, in what it described as a challenging first half, however it remains confident of meeting full year expectations. The electrical, digital and optical connections provider said pre-tax profit fell to $2.2m for the 26 weeks ended Sept 30th compared to
Read moreThursday broker round-up - UPDATE
25th Oct 2012 08:20
APR Energy: Seymour Pierce upgrades from reduce to hold, target left at 650p. ASOS: Seymour Pierce raises target from 1,900p to 2,350p, hold rating kept. AstraZeneca: Jefferies keeps hold rating and 3,00p target. Berkeley Group: Goldman Sachs upgrades to conviction buy, target lifted from 1,950p
Read moreGalliford Try Finance Director sells as firm doubles divi
19th Sep 2012 16:40
Frank Nelson, the Finance Director of Galliford Try, the house-building and construction firm, has sold 80,000 shares on the same day the company reported soaring profits in the year ended June 30th. Nelson, who was appointed to the board in 2000, traded in the shares at 686.63p each for a total o
Read moreLondon midday: Stocks pare losses after in-line macro data
18th Sep 2012 12:06
Inflation data was in line with forecasts while the Spanish debt auction went as well as could be expected, prompting London equities to claw back some of the losses seen in early trading The Consumer Prices Index (CPI) measure of inflation dropped to 2.5% in August, down from 2.6% in July, helped
Read moreLondon open: Stocks retreat ahead of inflation update
18th Sep 2012 08:54
London has opened lower ahead of this morning's inflation figures, with tensions in China putting investors in a cautious frame of mind. There are signs that US President Barack Obama may be keen to pick a fight with China over US jobs. Obama launched action at the World Trade Organisation (WTO) to
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