London close: Stocks finish higher after decent economic data
8th Feb 2013 17:04
The FTSE 100 finished strongly on Friday afternoon as better-than-expected economic data from across the globe offset yesterday's gloomy comments from Mario Draghi which sparked a sell-off. Markets across Europe suffered steep falls on Thursday - London's FTSE 100 dropped 1.06% - after European Cen
Read moreFTSE 250 movers: Bwin.party jumps on speculation
8th Feb 2013 15:47
Online gaming firm bwin.party jumped on speculation that it could receive a licence to operate in New Jersey. "Now is the time for the state to move forward, leading the way for the nation, by becoming one of the first states to permit internet gaming," New Jersey's Governor Chris Christie was quo
Read moreLondon midday: Stocks claw back losses after yesterday's sell-off
8th Feb 2013 11:38
Better-than-expected trade data from China gave stocks a boost on Friday morning, as sentiment picked up from the day before when concerns over Europe sparked a sell-off on equity markets. Both imports and exports in China jumped year-on-year in January, resulting in a higher-than-forecast trade su
Read moreLondon open: Stocks rise after Chinese trade data
8th Feb 2013 08:41
Positive data from China helped European stocks rebound on Friday morning, following a sell-off the day before on the back of comments from European Central Bank President (ECB) Mario Draghi. Both imports and exports in China jumped year-on-year in January, "suggesting that what we saw in the fourt
Read moreFriday broker round-up UPDATE
8th Feb 2013 07:19
Aggreko: HSBC upgrades to neutral with a target price of 1650p. Anglo American: HSBC ups target price from 1950p to 2240p and upgrades to overweight. Antofagasta: HSBC reduces target price from 1200p to 1160p, while upgrading to neutral. ARM Holdings: Credit Suisse increases target price from 780
Read moreDemand remains strong at Workspace
8th Feb 2013 07:09
Office provider Workspace said demand for space remains strong with an increase in like for like rent roll in the quarter and the year to date as it continues with its programme of refurbishment and redevelopment. LFL rent roll increased 1.4% in the quarter to £44.2m and rose 4.5% in the financial
Read moreMonday broker round-up UPDATE
4th Feb 2013 07:17
Antofagasta: Nomura lowers target price from 1400p to 1250p and keeps a neutral rating. Aviva Group: Barclays cuts target price from 317p to 302p leaving its underweight rating unaltered. Beazley: Berenberg starts with a target price of 217p and a buy recommendation. Big Yellow Group: UBS reduces
Read moreWednesday broker round-up - UPDATE
30th Jan 2013 07:03
Alternative Networks: Investec increases target price from 310p to 330p retaining a buy rating. Anglo American: Deutsche Bank takes price target from 2200p to 2260p, while its buy recommendation remains unchanged. Antofagasta: Bank of America reduces target price from 1500p to 1400p and downgrades
Read moreWednesday Broker round-up UPDATE
14th Nov 2012 07:24
Anglo American: Deutsche Bank reduces target price from 2700p to 2600p, buy recommendation unchanged. Chemring: Credit Suisse reduces target price from 330p to 210p, neutral rating kept. CRH: UBS raises target price from 1110p to 1140p, neutral rating unchanged. Daily Mail and General Trust: Deut
Read moreWorkspace boosts divi after profit jump
13th Nov 2012 07:25
Office provider Workspace Group said increasing demand had pushed up rents and occupancy, in turn boosting profits. Profit before tax was up 46% at £24.6m for the first half of the year, with earnings per share flat at 5.9p. The firm boosted its interim dividend per share by 10% to 3.22p. Its lik
Read moreTuesday broker round-up - UPDATE
13th Nov 2012 07:11
Aveva Group: UBS raises target price from 1740p to 1810p and downgrades from neutral to sell. Balfour Beatty: Berenberg downgrades from buy to hold. Bovis Homes Group: Deutsche Bank raises target price from 578p to 599p and maintains buy rating. BTG: Deutsche Bank raises target price from 394p to
Read moreThursday broker round-up - UPDATE
18th Oct 2012 09:24
Ashtead: UBS raises target from 375p to 400p, buy rating kept. ASOS: Panmure Gordon keeps buy rating and 2,530p target. AZ Electronic Materials: Goldman Sachs upgrades to conviction buy. Booker: Panmure Gordon keeps buy rating and 108p target. Britvic: Panmure Gordon keeps hold rating and 380p t
Read moreWednesday tips round-up: St.Ives, Workspace, AstraZeneca
3rd Oct 2012 07:03
The Times Tempus column tips St Ives Group, which has moved from the low margin, commoditised world of printing glossy annual reports and magazines. Its print division now produces books and marketing material, such as point of sale displays and posters. This combines well with its second and growin
Read moreWorkspace Group CEO boosts stake in company
1st Oct 2012 16:16
The Chief Executive Officer of Workspace Group, which specialises in providing office space to start ups, has purchased 112,525 shares, significantly boosting his stake in the FTSE 250 firm. Jamie Hopkins, who took on the role of CEO in April of this year, bought the shares at 266p each for a tota
Read moreOakly Capital Investments non-exec buys 200,000 shares
26th Jun 2012 16:10
Laurence Blackall, a non-executive director of Oakley Capital Investments, a Bermuda-based investment firm, has purchased 200,000 ordinary shares at 118p a pop. The £236,000 purchase is currently the director's only holding in the firm, equal to around 0.2% of the total voting rights. At the end
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