XP Power board members reduce holdings
28th Feb 2014 16:18
XP Power's Chairman, Larry Tracey, on Thursday sold 75,000 shares in the power supply solutions manufacturer. Tracey, who has held his current role since April 2002, disposed of the shares at 1,755p a time, generating a total of £1.3m. Fellow board member James Peters, a Non-Executive Director, t
Read moreShire Chairman sells shares following 'excellent' 2013 results
21st Feb 2014 15:26
Shire's Chairman, Matthew Emmens, has sold 36,100 shares in the biopharmaceutical company following its 'excellent' results for 2013. Emmens disposed of the shares at 3,314.85p each for a total of just under £1.2m shares. After a pick-up in earnings growth in the fourth quarter, the group beat f
Read moreFriday broker round-up UPDATE
21st Feb 2014 10:11
Barratt Developments: JP Morgan raises target price from 360p to 420p, while downgrading to neutral. Bellway: JP Morgan takes target price from 1450p to 2000p and retains an overweight rating. Bodycote: UBS initiates with a target price of 800p and a buy recommendation. Bovis Homes Group: JP Morg
Read moreFTSE 250 movers: African Barrick Gold soars
19th Feb 2014 14:37
African Barrick Gold was a strong riser despite there being no apparent reason for its gain. Bryce Elder, an FT Alphaville contributor, commented today that 'the volume says to me it may be something more than a highly geared play on the gold price'. UK housebuilder Galliford Try reported an 18% r
Read moreWednesday broker round-up UPDATE
19th Feb 2014 08:33
Anite: Panmure Gordon lowers target price from 146p to 139p, while leaving its buy recommendation unaltered. Bank of Georgia: Canaccord Genuity increases target price from 2100p to 2400p, while leaving its hold recommendation unchanged. BHP Billiton: Investec raises target price from 1926p to 1985
Read moreFriday broker round-up UPDATE
14th Feb 2014 10:26
Assura Group: Liberum Capital shifts target price from 44p to 44.40p and retains a buy recommendation. Barclays: Credit Suisse lowers target price from 270p to 260p and keeps a neutral rating. Bellway: Panmure Gordon raises target price from 1520p to 1639p and maintains a buy recommendation. UBS i
Read moreFTSE 250 movers: Lancashire falls as profits dip
13th Feb 2014 15:32
Shares in specialty insurance group Lancashire Holdings sank today as the group revealed that the combination of a number of energy losses and developments, the European hail and flood events, and adverse developments on the Costa Concordia maritime loss had resulted in a full-year profit reduction.
Read moreMorgan Advanced Materials reports drop in full-year revenue
13th Feb 2014 10:00
- Full-year revenue falls - Pre-tax profits drop - Dividend raised five per cent Morgan Advanced Materials saw full-year revenue fall 4.9 per cent to 957.8m pounds as demand remained subdued for the UK manufacturer of carbon and ceramic products. Pre-tax profit in the year through December 31st 20
Read moreTuesday broker round-up UPDATE
11th Feb 2014 09:41
Bellway: Jefferies takes target price from 2085p to 2186p and stays with its buy recommendation. BT Group: Jefferies shifts target price from 435p to 440p and keeps a buy recommendation. Carnival: Jefferies ups target price from 2000p to 2050p, while downgrading to underperform. Deutsche Bank rais
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreTuesday broker round-up UPDATE
12th Nov 2013 09:20
Accesso: Canaccord Genuity raises target price from 680p to 770p and keeps a buy recommendation. Andor Technology: FinnCap places both its target price (prev.: 390p) and its hold recommendation under review. Babcock International: Jefferies increases target price from 1250p to 1600p retaining a bu
Read moreMorgan Advanced Materials reports in line trading
11th Nov 2013 10:07
- Trading in line with expectations - Second half revenue similar to first - Restructuring to deliver cost savings - Company watching for possible impact of sterling Morgan Advanced Materials said trading since the half year has been in line with management's expectations as the group makes progres
Read moreMonday broker round-up UPDATE
11th Nov 2013 08:50
Associated British Foods: Barclays downgrades to equal-weight with a target price of 2100p. Bovis Homes Group: Deutsche Bank moves target price from 1001p to 1008p maintaining a buy recommendation. British Land: Deutsche Bank downgrades to sell with a target price of 520p. British Sky Broadcastin
Read moreWednesday broker round-up UPDATE
9th Oct 2013 07:57
Air Partner: Liberum Capital initiates with a target price of 555p and a buy recommendation. Alent: Credit Suisse moves target price from 420p to 430p and keeps an outperform rating. AZ Electronic Materials: Credit Suisse revises target price from 350p to 330p, while staying with its neutral ratin
Read moreWednesday broker round-up UPDATE
18th Sep 2013 08:28
African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec
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