Great Portland Estates sells Park Crescent West
26th Jun 2013 09:18
Great Portland Estates' (GPE) has sold London asset Park Crescent West to PCW Property Holding for 105m pounds. Park Crescent West is the last remaining asset under the Great Capital Partnership (GCP), a joint venture between GPE and Capital and Counties Properties (Capco). The sale price is 8.6%
Read moreThursday broker round-up UPDATE
20th Jun 2013 08:43
Ashtead Group: Jefferies takes target price from 690p to 750p and leaves its buy recommendation unchanged. ASOS: Deutsche Bank increases target price from 3300p to 3800p and reiterates a hold recommendation. Atkins: Liberum Capital takes target price from 1020p to 1100p and maintains a buy recomme
Read moreCapital & Counties acquires full stake of Empress State Building
30th May 2013 08:49
Capital & Counties Properties (Capco) is the sole owner of the Empress State Building after acquiring the remaining 50 per cent stake from Land Securities Group for 117m pounds. The Empress State Building is a 31-storey office building located adjacent to the Earls Court and West Kensington Opport
Read moreCapco and Land Sec close 117m-pound property deal
30th May 2013 08:05
Capital & Counties Properties has acquired full control of the Empress State Building in West London, which could be in line for conversion from commercial to residential status. Capco paid £117m to Land Securities Group to purchase the remaining 50% of the building it didn't already own. Capco w
Read moreDeputy Chairman at Weir Group buys first stake
13th May 2013 16:27
Weir Group's new Deputy Chairman, Charles Berry, has begun building his stake in the company just two weeks into his new role. Berry, who joined the company at the beginning of the month, purchased 2,000 shares at 2,384.93p each for a total of £47,699. On the same day Berry took up the role, the
Read moreLondon open: Markets up ahead of US jobs report, but RBS falls
3rd May 2013 08:38
London's FTSE 100 index opened broadly flat on Friday morning as a sharp fall from Royal Bank of Scotland (RBS) offset a strong performance in the mining sector. Investors were still digesting what has been a busy week for financial markets with monetary policy decisions from the Federal Reserve (F
Read moreCapital & Counties boosted by high demand in London
3rd May 2013 07:59
Capital & Counties Properties said its financial position remains strong after being boosted by high demand in the central London retail and residential property market in the first quarter. The group kicked off the year with eight new retailer and restaurant signings in London's Covent Garden incl
Read moreTuesday broker round-up UPDATE
30th Apr 2013 08:20
Aberdeeen Asset Management: Morgan Stanley raises target price from 478p to 548p retaining an overweight rating. Bank of America ups target price from 455p to 475p and leaves its neutral rating unchanged. JP Morgan increases target price from 532p to 573p and maintains an overweight rating. Citigrou
Read moreWednesday broker round-up UPDATE
24th Apr 2013 08:25
Archipelago Resources: Canaccord Genuity lowers target price from 75p to 68p keeping a buy recommendation. ARM Holdings: Morgan Stanley ups target price from 911p to 925p maintaining an equal-weight rating. Deutsche Bank takes target price from 445p to 460p, but still recommends selling. Citigroup
Read moreTuesday broker round-up UPDATE
12th Mar 2013 07:19
Abcam:Investec shifts target price from 484p to 487p and keeps a buy recommendation. Admiral Group: UBS ups target price from 1200p to 1275p and reiterates a neutral rating. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite: Numis reduce
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
Read moreFriday broker round-up UPDATE
1st Mar 2013 07:17
Ashtead Group: Citigroup increases target price from 487p to 590p and keeps a buy recommendation. Atkins: JP Morgan raises target price from 893p 920p, reiterating an overweight rating. Berendsen: Panmure Gordon moves target price from 582p to 760p, while staying with its hold recommendation. Cant
Read moreCapital & Counties benefits from rise in London's property value
28th Feb 2013 10:24
Capital & Counties Properties reported an increase in return on investments in 2012 driven by a rise in real estate value in London. The UK property investment firm said EPRA adjusted net asset value per share grew 22% to 203p per share from 167p in 2011. The EPRA (European Public Real Estate Ass
Read moreFTSE 250 movers: Tullett Prebon 'dragged into LIBOR scandal'
15th Feb 2013 16:06
Interdealer broker Tullett Prebon sank after being drawn into the LIBOR scandal. Reports suggest that an individual at the firm was part of conversations about rigging the yen LIBOR rate, according to the Financial Times. Gold miner Petropavlovsk was lower after Citi downgraded its recommendation
Read moreFriday broker round-up UPDATE
15th Feb 2013 07:58
Aberdeen Asset Management: UBS shifts target price from 440p to 470p and reiterates a buy recommendation. Credit Suisse takes target price from 410p to 470p staying with its outperform rating. Barclays revises target price from 470p to 490p, while its overweight rating remains unchanged. Jefferies m
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