Ladbrokes and William Hill fall on reports of betting terminal crackdown
8th Dec 2016 10:04
(ShareCast News) - A report that hinted at a potential government crackdown on fixed odds betting terminals sent shares in bookmakers Ladbrokes Coral and William Hill tumbling on Thursday. FOBTs should have their maximum stake cut from £100 per spin to as low as £2, a group of Conservative and Labou
Read moreWilliam Hill still in the race as online returns to growth
14th Nov 2016 07:33
(ShareCast News) - Bookmaker William Hill said it expected full-year profits to be at the top end of guidance as its online arm returned to growth in the third quarter. Upping investment in its mobile sportsbook has helped turn around the underperforming unit, with online net revenue up 4% in the 1
Read moreInvestec downgrades William Hill and Ladbrokes Coral, rotates into online
2nd Nov 2016 10:22
(ShareCast News) - Investec downgraded William Hill and Ladbrokes Coral as it rotated its chips on more digital-focused gambling stocks Playtech, 888 and GVC. Hill's was cut to 'sell' from 'reduce' and its target price to 243p from 289p, while the newly merged Ladbrokes Coral was given an 'add' rati
Read moreSunday newspaper round-up: GDP, RBS, Anglo, William Hill, bank exit
23rd Oct 2016 15:02
(ShareCast News) - In the first official reading on how the whole UK economy has performed since the Brexit vote, the Office for National Statistics (ONS) is expected to say growth more than halved from 0.7% in the second quarter to 0.3% between July and September. According to economists polled by
Read moreWilliam Hill walks away from Amaya merger talks
18th Oct 2016 07:44
(ShareCast News) - William Hill has embarrassingly beaten a retreat from £4.5bn merger talks initiated with Canadian online poker giant Amaya, following objections from its major shareholders. "After canvassing views from a number of William Hill's major shareholders, the board has decided that it w
Read moreTuesday newspaper round-up: Bonds, Shell, bookmaker levy, farm boost
18th Oct 2016 06:56
(ShareCast News) - Investors dumped UK government bonds yesterday in one of the heaviest sell-offs since the Brexit vote as international demand for sterling assets declined rapidly. Overseas investors are becoming increasingly worried that inflation and a move by the Conservative government towards
Read moreSunday newspaper round-up: Falling growth forecast, inflation, William Hill, BHP
16th Oct 2016 16:59
(ShareCast News) - The apparent recent success of the UK economy post Brexit is "deceptive" and the UK's economic growth will slump to just 0.8% next year, according to the respected EY Item Club. The falling pound is helping exporters, but is already seeing the beginning of surging inflation, which
Read moreFriday broker round-up
14th Oct 2016 09:46
(ShareCast News) - Acacia: Jefferies keeps at buy with a target price of 610p. Tesco: HSBC reiterates hold, 195p target. Weir: UBS downgrades to neutral with a 1830p target. Sky: HSBC reiterates hold with a 820p target. Playtech: UBS keeps at buy with a 1060p target. Jupiter: JP Morgan keeps at
Read moreWilliam Hill rallies as Parvus opposes Amaya deal
14th Oct 2016 09:12
(ShareCast News) - William Hill rallied after shareholder Parvus Asset Management said late on Thursday that it opposed the bookmaker's £4.5bn merger with Canada's Amaya. Parvus, which owns a 14% stake in the company, said the deal had "limited strategic logic and would destroy shareholder value".
Read moreFTSE 250 movers: Oil surge lifts mid-caps, N Brown down
10th Oct 2016 15:43
(ShareCast News) - Led by a group of resources stocks and a late surge in oil prices, the FTSE 250 moved into positive territory on Monday afternoon. Copper-focused Kaz Minerals and steel maker Evraz topped the leader board ahead of their third-quarter production updates later this month. There
Read moreWilliam Hill confirms merger talks with Canada's Amaya, reaction lukewarm
10th Oct 2016 07:04
(ShareCast News) - William Hill confirmed it is in talks with Toronto-listed Amaya Inc, owner of the PokerStars website, about a potential merger. The FTSE 250-listed bookmaker, responding after rumours emerged at the weekend, said the potential all-share merger of equals would be classified as a re
Read moreSunday newspaper round-up: William Hill, Inflation, Ebay
9th Oct 2016 16:00
(ShareCast News) - William Hill and the Canadian owner of the PokerStars gaming website are in talks to create a £5bn betting giant that would storm into the FTSE 100. City sources said negotiations between Britain's biggest high-street bookmaker and Amaya, which bought PokerStars for $4.9bn two yea
Read moreWednesday broker round-up
28th Sep 2016 12:15
(ShareCast News) - Close Brothers Group: Barclays reiterates overweight with a target price of 1500p. Royal Dutch Shell: HSBC keeps at buy, 2050p target. William Hill: Deutsche Bank keeps at buy with a 390p target. The Restaurant Group: Berenberg reiterates hold with a 350p target. Astrazeneca: D
Read moreThursday newspaper share tips: 888 Holdings, Steinhoff, Poundland
1st Sep 2016 19:00
(ShareCast News) - 888 Holdings is a classic case of 'prey turned predator', The Times´s Tempus said. Owning its own technology - unlike most of its would be suitors - had allowed the company to maintain a steady rate of organic growth over the past five years - and turn the tables on its rivals. S
Read moreBroker tips: William Hill, Bodycote, KAZ Minerals
22nd Aug 2016 10:40
(ShareCast News) - Barclays reinstated coverage of William Hill at 'overweight', raising the price target by 3% to 340p. It said the stock is cheap and there are potential catalysts in the second half such as announcements around cost savings in retail and online and hopefully news on a new chief ex
Read more