FTSE 250 movers: NMC Health rises on CEO purchase
30th Jun 2014 15:36
NMC Health continued to surge, extending Friday's gains after its Chief Executive Officer and founder, B. R. Shetty, purchased 10m shares from its largest shareholder at a price of 500p per share. At the end of last week Numis Securities reiterated its 'buy' rating following the group's pre-close t
Read moreFTSE 250 movers: Housebuilders jump following new BoE measures
26th Jun 2014 15:16
Housebuilders and related stocks including Redrow, Countrywide, Taylor Wimpey and Galliford Try leapt as investors reacted postively to the new Bank of England measures to cool the housing market. Alastair Stewart from Westhouse Securities said that the measures were "less draconian than many observ
Read moreEnquest CEO family trust adds to already sizeable stake
8th Apr 2014 15:55
Amjad Bseisu, the Chief Executive Officer of oil and gas producer Enquest, has bought company shares via Double A, the trust in which his family is interested. Double A purchased 95,313 shares, taking its holding to 70.89m, equal to 8.83% of the company's share capital. At 121.40p each, the tran
Read moreSector movers: M&S and Tesco drag retailers lower
4th Apr 2014 14:24
Retail stocks were trading lower on Friday with heavyweights Marks & Spencer and Tesco providing a drag on the sector. M&S was off shopping lists today after Goldman Sachs retained its 'sell' recommendation for the British department store chain, saying that the business could feel the heat from th
Read moreFriday broker round-up UPDATE
4th Apr 2014 10:07
African Minerals: Deutsche Bank reduces target price from 382p to 335p, while its buy recommendation remains unchanged. Arrow Global: Canaccord Genuity moves target price from 309p to 318p and keeps a buy recommendation. Ashmore Group: JP Morgan takes target price from 344p to 351p and maintains a
Read moreFTSE 250 movers: BTG climbs on full-year sales outlook
3rd Apr 2014 15:31
Specialist healthcare group BTG rose strongly after saying it expects full-year sales to be at the top end of guidance after a 'transformational year'. Revenues for the financial year to March 31st are expected to be at the upper end of the £275-285m guidance range, which the company had reiterated
Read moreLondon midday: Gains erased with investors nervous ahead of ECB
3rd Apr 2014 12:05
- ECB in focus ahead of policy meeting - UK services PMI slips, US data ahead - Tullow and Standard Life upgraded - BSkyB drops on HSBC comments - Just Eat impresses with IPO techMARK 2,776.98 -0.21% FTSE 100 6,657.60 -0.02% FTSE 250 16,390.84 -0.15% It was a choppy morning for UK equity markets o
Read moreLondon open: Trading cautious ahead of ECB decision
3rd Apr 2014 08:46
- ECB meeting the main event of the day - China unveils 'mini-stimulus' - Global economic data in focus - Tullow, Standard Life upgraded - Kingfisher rises on Mr Bricolage deal techMARK 2,780.50 -0.09% FTSE 100 6,663.30 +0.06% FTSE 250 16,387.30 -0.17% UK stocks edged higher on Thursday morning, b
Read moreLondon pre-open: FTSE to move higher early on
3rd Apr 2014 07:39
UK stocks are set to start today's session on a positive note, tracking gains seen in the US ahead of the ECB's latest policy meeting and following positive Chinese services data as per the latest Services Markit/HSBC services purchasing managers index (PMI). City sources predict the FTSE 100 will
Read moreNew store openings boost Dunelm sales
3rd Apr 2014 07:10
- Third quarter revenue improves nine per cent - Progress underpinned by new store openings - Confident of future progress, to add more stores Homeware retailer Dunelm said total revenue for the third quarter grew by 9.9 percent and, with opportunities to expand its portfolio, said it is confident
Read moreLondon midday: Stocks rangebound ahead of UK Budget, FOMC
19th Mar 2014 11:33
- Osborne's 2014 Budget in focus - Jobless rate, BoE minutes, FOMC meeting - Ukraine-Russia tensions running high - Smiths Group drops on H2 outlook - Ophir plummets, Imagination jumps techMARK 2,817.88 +0.53% FTSE 100 6,595.59 -0.15% FTSE 250 16,366.11 +0.07% Stocks were trading in the red on Wed
Read moreBroker tips: GKN, ITE Group, Kazakhmys, Dunelm
3rd Mar 2014 13:06
UBS has downgraded its rating for aerospace, automotive and land systems engineer GKN from 'buy' to 'neutral' after cutting its forecasts due to foreign exchange headwinds. Following GKN's 2013 results released last week, UBS has cut its earnings per share forecasts for 2014 and 2015 by 10% and 13%
Read moreDunelm's growth prospects 'undervalued', says Jefferies
3rd Mar 2014 10:26
Growth prospects at homeware retailer Dunelm are 'undervalued', according to Jefferies which has initiated coverage on the stock with a 'buy' rating and 1,150p target price. Since Dunelm's stock market flotation at the end of 2006, the business immediately faced dramatic falls in UK consumer confid
Read moreMonday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreMonday broker round-up UPDATE
24th Feb 2014 08:15
Associated British Foods: Numis downgrades from reduce to sell with a target price of 2240p. Panmure Gordon raises target price from 2500p to 2760p and maintains a hold recommendation. Jefferies increases target price from 2450p to 2600p and keeps a hold recommendation. Aviva: JP Morgan shifts targ
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