UBS ups Worldpay to 'buy' after pullback
27th Apr 2016 09:14
(ShareCast News) - UBS upgraded Worldpay to 'buy' from 'neutral' saying the pullback in the shares provides an opportunity. When it initiated on the stock, UBS highlighted its positive view on the business opportunities, but said it struggled with the valuation. However, since Worldpay published it
Read moreCredit Suisse upgrades Worldpay, highlights structural growth
18th Apr 2016 12:43
(ShareCast News) - Credit Suisse upgraded Worldpay to 'outperform' from 'neutral' saying the share price weakness after the 2015 results was the opportunity it had been waiting for to turn more positive on the stock. The bank admitted that Worldpay's full year results were "not perfect", but highlig
Read moreSunday newspaper round-up: AstraZeneca, Monarch Airlines, HSBC, Opec deal
17th Apr 2016 16:53
(ShareCast News) - AstraZeneca has held talks with US-based rival Medivation that could see it make a $10bn (£7bn) takeover bid, where it will battle France's Sanofi, which had a bid rejected last week, and others. Although oncology drug maker Medivation has been criticised for "price gouging" by Am
Read moreFriday newspaper share tips: Worldpay, Foxtons
8th Apr 2016 15:01
(ShareCast News) - Two of the original investors in Worldpay, private equity holders Advent International and Bain Capital, were allowed to dispose of a third of their stakes via a placing, with more to come, The Times's Tempus pointed out to readers. The move was arguably justified by the fact that
Read moreFTSE 100 movers: M&S climbs on update; Glencore slips on downgrade
7th Apr 2016 13:04
(ShareCast News) - London's FTSE 100 index was down 0.1% to 6,154.99 at 1410 BST, although retailer M&S bucked the trend. Payments processor Worldpay was under pressure after private equity groups Advent International and Bain Capital sold a 12.5% stake in the company. Glencore fell after JP Morgan
Read moreBain and Advent sell stake in Worldpay
7th Apr 2016 08:04
(ShareCast News) - Ship Global 2 & Cy S.C.A., a company jointly owned by funds managed by private equity groups Advent International Corporation and Bain Capital, has sold 275m ordinary shares in payments processor Worldpay at 269p each. Following completion of the placing, which represented a 12.5%
Read moreDirector dealing: Paddy Power co-founder cashes in some shares
14th Mar 2016 14:49
(ShareCast News) - Directors in the newly merged Paddy Power Betfair (PPB) continue to take profits after the sealing of the deal. Following the sale by group chief executive Breon Corcoran last week, Paddy Power co-founder Stewart Kenny pocketed almost €2.6m after selling 27,000 shares at €120.38
Read moreWednesday broker round-up
9th Mar 2016 16:26
(ShareCast News) - Worldpay: Jefferies reiterates buy with a target price of 340p and Goldman Sachs keeps at buy with a target price of 400p. Burberry: HSBC downgrades to hold, 1500p target. Croda International: Goldman Sachs downgrades to neutral with a target price of 3300p. Ashtead: Credit Suis
Read moreWorldpay shares slump on maiden results
8th Mar 2016 07:14
(ShareCast News) - Market newcomer Worldpay published an impressive set of maiden results on Tuesday, though investors were not so keen on the company's ability to keep up with expectations going forward. The FTSE 100 payment processing company, which listed in October, saw revenue grow 9% during th
Read moreLondon pre-open: Burberry in fashion ahead of Carney testimony
8th Mar 2016 07:06
(ShareCast News) - Market sentiment took a hit overnight from weaker than expected trade numbers out of China ahead of what may be a key hearing from Bank of England governor Mark Carney and deputy governor Jon Cunliffe before the Treasury Select Committee on the financial costs and benefits of the
Read moreSunday share tips: Worldpay, Paddy Power Betfair, Healthcare Royalty Trust
6th Mar 2016 14:53
(ShareCast News) - Worldpay shares were a 'buy' for the Sunday Times' Inside the City column. The UK-based payment processing company, which floated in October and joined the FTSE 100 two months later, exists in a world where card payment is used for everything from sub-£1 purchases from your corner
Read moreLondon close: Stocks end lower on slump in commodities
30th Dec 2015 16:19
(ShareCast News) - UK stocks slumped on Wednesday as shares in mining and oil producers declined. Oil prices reversed the previous day's gains on concerns about a supply glut after a report showed an unexpected rise in US crude inventories. The Energy Information Administration said US crude invent
Read moreFTSE 100 movers: Worldpay strong but banks out of favour
30th Dec 2015 14:18
(ShareCast News) - London's FTSE 100 was down 0.6% to 6,274.20 at 1425 GMT, giving back some gains following a solid performance in the previous session, in holiday-thinned trade. With volumes low and many traders still away from their desks for the Christmas and New Year holidays, there was no real
Read moreWorldpay Group, Provident Financial and DCC to join FTSE 100
2nd Dec 2015 18:10
(ShareCast News) - On Wednesday evening FTSE announced the results of its December review, with Worldpay Group, Provident Financial and DCC replacing G4S, Morrisons and Meggitt in the top flight index as of 18 December. The three constituents which were set to exit the FTSE 100 would fatten the rank
Read moreMorrisons, G4S, Meggitt set for demotion in FTSE reshuffle
30th Nov 2015 11:21
(ShareCast News) - Morrisons, G4S and Meggitt look set to lose their spots in the FTSE 100 on Wednesday, with Worldpay, Provident Financial and DCC likely to replace them. The FTSE committee will reveal the results of its quarterly index on Wednesday, with changes effective from 21 December. Aerosp
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