Broker snap: Halma's divi growth record looks safe
22nd Jun 2010 13:10
Stronger than expected cash generation should ensure that Halma's 31 consecutive years of dividend growth in excess of 5% per year should be extended, broker KBC Peel Hunt predicts. The broker notes that the cash generation will add about £100m about to the war chest of a company that has not been
Read moreUK SMALLCAP ROUNDUP: Easydate Fancies GBP10M IPO Raising
22nd Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps EASYDATE PLC, an Edinburgh-based internet-dating company, Tuesday said it plans to raise GBP10 million when it lists on London's Alternative Investment M
Read moreLondon midday: Budget casts shadow over Footsie
22nd Jun 2010 12:04
Footsie is lower ahead of today's emergency Budget with markets uneasy given the tough rhetoric beforehand from chancellor George Osborne. The sentiment boost enjoyed yesterday following the announcement that China is to stop pegging its currency to the US dollar has worn off, as can be seen by the
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
22nd Jun 2010 10:02
0619 GMT [Dow Jones] (An item at 0600 GMT, misstated Yang Ming Marine's closing stock price. The correct version follows:) Taiwan shares end down 0.3% at 7612.68 in quiet trade, taking breather after ending at 5-week high yesterday. Hua Nan Securities Investment Assistant Vice President Henry Miao t
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
22nd Jun 2010 10:02
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0902 GMT [Dow Jones] Investec nudges up Halma (HLMA.LN) price target to 315p from 305p, after the half-year results beat the
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -3-
22nd Jun 2010 10:02
0611 GMT [Dow Jones] PREVIEW: New Zealand's 1Q current account deficit expected to narrow, may record surplus as boosted by improvement in trade balance, according to economists. According to median forecast from Dow Jones poll of 9 economists, 1Q current account deficit at NZ$250 million vs NZ$3.57
Read moreMARKET TALK: Investec Lifts Halma Price Target
22nd Jun 2010 10:02
0902 GMT [Dow Jones] Investec nudges up Halma (HLMA.LN) price target to 315p from 305p, after the half-year results beat the brokerage's expectations. The group's defensive earnings and rock-solid dividend are enhanced by stronger medium-term growth prospects than at any time previously, says Inves
Read moreUK SMALLCAP ROUNDUP: Halma Returns To Acquisition Trail
22nd Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HALMA PLC (HLMA.LN) Tuesday said it is back on the acquisition trail after sales growth in Asia and savings from layoffs drove a 12% rise in fiscal-year
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
22nd Jun 2010 09:29
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0829 GMT [Dow Jones] Arbuthnot keeps a buy rating on Halma (HLMA.LN), says fiscal 2010 revenue of GBP459.1M beat its estimate
Read moreMARKET TALK: Arbuthnot Keeps Buy On Halma On Beaten Forecasts
22nd Jun 2010 09:29
0829 GMT [Dow Jones] Arbuthnot keeps a buy rating on Halma (HLMA.LN), says fiscal 2010 revenue of GBP459.1M beat its estimate by GBP4M. Says the weak market conditions seen in industrial safety in the first half are past history. Expects to raise its estimates for the fiscal 2011 by a significant am
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
22nd Jun 2010 09:29
0611 GMT [Dow Jones] PREVIEW: New Zealand's 1Q current account deficit expected to narrow, may record surplus as boosted by improvement in trade balance, according to economists. According to median forecast from Dow Jones poll of 9 economists, 1Q current account deficit at NZ$250 million vs NZ$3.57
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -3-
22nd Jun 2010 09:29
0609 GMT [Dow Jones] Stronger Aussie bond prices today reflect overreaction to yesterday's announcement China will allow greater flexibility for yuan, says Rory Robertson, interest rate strategist with Macquarie. Aussie 3-year recently up 6 ticks at 95.06, 10-year up 4 ticks at 94.585. "The Chinese
Read moreMARKET TALK: Numis Increases Halma FY11, FY12 Forecasts
22nd Jun 2010 09:23
0823 GMT [Dow Jones] Numis increases Halma (HLMA.LN) fiscal 2011 pretax profit by 6% to GBP98.3 million and fiscal 2012 pretax profit also by 6% to GBP104.3 million. Says Halma's business model is exposed to less cyclical markets and geared to non-discretionary spend. Also sees plenty of headroom to
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
22nd Jun 2010 09:23
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0823 GMT [Dow Jones] Numis increases Halma (HLMA.LN) fiscal 2011 pretax profit by 6% to GBP98.3 million and fiscal 2012 preta
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
22nd Jun 2010 09:23
0611 GMT [Dow Jones] PREVIEW: New Zealand's 1Q current account deficit expected to narrow, may record surplus as boosted by improvement in trade balance, according to economists. According to median forecast from Dow Jones poll of 9 economists, 1Q current account deficit at NZ$250 million vs NZ$3.57
Read more