Tuesday newspaper share tips: William Hill, Ryanair
26th Jul 2016 14:46
(ShareCast News) - In-the-spotlight merger interest in high-street bookie William Hill from gambling-sector players 888 and Rank Group looks like little more than an opportunistic flutter, writes Financial Times' Lex column. Just a year ago, William Hill rolled the dice for casino-operator 888, but
Read moreBroker tips: William Hill, Beazley, G4S
25th Jul 2016 12:24
(ShareCast News) - While William Hill shares have been whipped higher by Rank and 888's preliminary takeover approach, Berenberg believes the bid will be unsuccessful and maintained its 'sell' rating on the bookmaker. Over the weekend, £800m-valued online specialist 888 Holdings and £900m land-based
Read moreWilliam Hill remains a 'sell' for Berenberg as deal hurdles loom
25th Jul 2016 09:54
(ShareCast News) - While William Hill shares have been whipped higher by Rank and 888's preliminary takeover approach, Berenberg believes the bid will be unsuccessful and maintained its 'sell' rating on the bookmaker. Over the weekend, £800m-valued online specialist 888 Holdings and £900m land-based
Read moreRank and 888 turn tables in joint approach for William Hill
25th Jul 2016 07:02
(ShareCast News) - Rank Group and 888 Holdings have begun talks about a £3bn joint takeover approach for struggling high street bookmaker William Hill. No formal approach has yet been made for William Hill, which last week axed chief executive James Henderson, but over the weekend the company said i
Read moreWilliam Hill CEO James Henderson replaced by Philip Bowcock
21st Jul 2016 08:52
(ShareCast News) - William Hill's chief executive stepped down after a recent poor performance from the UK's biggest bookmaker. Chief executive James Henderson left with immediate effect and was replaced by Philip Bowcock, the current chief financial officer, in the interim. A permanent position
Read moreBroker tips: William Hill, RELX, Ashmore Group
15th Jul 2016 13:12
(ShareCast News) - William Hill's shares fell on Friday as Canaccord Genuity reiterated a 'hold' rating and cut its target price to 301p from 340p. The betting group has warned about a poor results from horse racing at Cheltenham, tighter regulation, and teething problems with its strategy of taking
Read moreWilliam Hill shares fall as Canaccord cuts target price, earnings forecasts
15th Jul 2016 10:43
(ShareCast News) - William Hill's shares fell on Friday as Canaccord Genuity reiterated a 'hold' rating and cut its target price to 301p from 340p. The betting group has warned about poor results from horse racing at Cheltenham, tighter regulation, and teething problems with its strategy of taking m
Read moreITV, Wolseley are Liberum's top-picks in case of Bremain, Brexit
20th Jun 2016 09:25
(ShareCast News) - Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said. The broker's 'top-picks' under a 'Remain', 'Leave' and 'Either way' scenario were, ITV, Wolseley and Bal
Read moreMonday newspaper round-up: Sterling, City jobs, Williams & Glyn, CMA
20th Jun 2016 07:06
(ShareCast News) - The British pound was powering ahead in Asian morning trading on Monday as the latest opinion polls on Britain's EU referendum showed the two camps running neck and neck. In previous weeks, the campaign for the UK to vote in favour of leaving the EU at its June 23 referendum had s
Read moreFTSE 250 movers: Go Ahead hits buffers; N Brown update in fashion
16th Jun 2016 13:04
(ShareCast News) - Go-Ahead shares were going nowhere on Thursday after commuters on Britain's largest railway franchise were lumped with the promise of more misery this week, as conductors on the Southern arm of Govia Thameslink Railway announced a strike, set down for next Tuesday. The railway fra
Read moreBroker tips: Shell, William Hill, WH Smith
8th Jun 2016 13:10
(ShareCast News) - Royal Dutch Shell shares gained on Wednesday after RBC Capital Markets lifted its target price on the stock to 2,000p from 1,9000 and reiterated an 'outperform' rating. The oil producer on Tuesday announced plans for more asset sales and cost-cutting over the next few years amid l
Read moreWilliam Hill losing market share in Australia, says UBS
8th Jun 2016 10:34
(ShareCast News) - UBS reiterated a 'sell' rating and left its target price of 290p unchanged on betting group William Hill on Wednesday. The bank said William Hill has lost market share in Australia amid fierce competition. UBS said its own data showed Ladbrokes has grown significantly faster than
Read moreFX round-up: Sterling tumbles as renewed Brexit fears spook traders
31st May 2016 18:08
(ShareCast News) - Sterling tumbled against major crosses as spooked traders dumped the currency after a new poll revealed respondents favoured Britain leaving the European Union. Britain votes 23 June on whether remain part of the single-currency bloc. At 17:05 BST, sterling was down 0.88% at $1.4
Read moreBritain's bookies slash odds on UK remaining in EU - report
20th May 2016 19:09
(ShareCast News) - Britain's high-street bookies are slashing the odds of the UK voting to remain in the EU, with an overwhelming number of punters now betting a Brexit will not happen, a report says. William Hill cut the odds on a remain vote for a third consecutive day on Thursday to 1/5, or an im
Read moreWilliam Hill launches £350m corporate bond
20th May 2016 15:38
(ShareCast News) - William Hill announced the launch of a £350m corporate bond to institutional investors with a coupon of 4.875% to refinance its existing debt and for general corporate purposes. The bookie said the issue of the bonds will strengthen its balance sheet by lengthening the maturity pr
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