Strong start to the year for Spirent Communications
2nd May 2012 07:07
Spirent Communications said trading for the first quarter to 1 May 2012 is ahead of company expectations amid robust demand for technologies such as mobile internet and cloud computing. The group, which recently completed the acquisition of California based security testing firm Mu Dynamics for $4
Read moreMonday broker round-up
30th Apr 2012 08:29
Anglo American: AlphaValue downgrades from neutral to reduce, target cut from 7,115p to 6,970p. AstraZeneca: Jefferies upgrades from hold to buy, target cut from 3,050p to 2,975p; JP Morgan Cazenove upgrades from underweight to neutral, target hiked from 2,800p to 3,050p. British Sky Broadcasting:
Read moreSector movers: ARM, Spirent drag down tech sector
20th Apr 2012 14:57
Technology hardware and equipment stocks were the heaviest fallers on Friday with chip designer ARM Holdings providing a drag. The stock was among the worst performers on the FTSE 100 index in the afternoon, down 3.29% ahead of a trading update next week. Jefferies raised its target price for the
Read moreSpirent to buy security testing firm
20th Apr 2012 07:53
Spirent Communications has entered into a definitive agreement to acquire privately held Mu Dynamics, a security testing firm based in California. Mu specialises in developing security solutions that enable faster, higher quality deployments of Cloud applications and applications-aware networks.
Read moreSunday share tips: Spirent, Inchcape
25th Mar 2012 08:55
After soaring 11% when its full-year numbers were released on March 13, shares of car dealership firm Inchcape are now back to the same level they were at before the numbers were unveiled. However, for investors with a long-term view, this has presented an opportunity. The post-results share price l
Read moreTuesday broker round-up
20th Mar 2012 10:04
Aggreko: Credit Suisse raises target from 2,140p to 2,350p, neutral rating kept. ARM Holdings: BarCap upgrades from equal weight to overweight, target lifted from 700p to 725p; Investec upgrades from hold to buy, target lifted from 640p to 800p. Centrica: Nomura raises target from 340p to 350p, n
Read moreLondon close: Stocks rebound as Greek debt-swap looms
7th Mar 2012 16:35
-Greek debt-swap participation rate estimated at 58%. -Greek government confident of achieving rate of at least 75%. -Admiral surges after full-year results. London's blue chips bounced back today, following yesterday's sharp selling, with investors now looking to tomorrow's Greek debt-swap deadlin
Read moreLondon midday: Stocks edge higher, markets await Greek debt-swap
7th Mar 2012 11:25
- Admiral jumps 11% as outlook improves. - BATS, CRH, Serco down after going ex-dividend. - Markets await the Greek debt-swap deadline. Following a shaky start, London's FTSE 100 index looked to have found its direction by midday, trading three tenths of a percent point higher following the sell-of
Read moreLondon open: Ex-div stocks offset a surging Admiral
7th Mar 2012 08:34
- Admiral surges 11 percent on full-year results. - Ex-div stocks provide a drag. - Greek debt-swap deadline looms. Following the 2.8 percent tumble over the last three days, the Footsie opened broadly flat on Wednesday ahead of tomorrow's deadline for the Greek debt-swap. A surge in the share pric
Read moreFriday broker round-up - UPDATE
2nd Mar 2012 09:28
Man Group: UBS raises target from 160p to 165p, buy rating unchanged. WPP: UBS ups target from 840p to 920p, buy rating kept. Standard Chartered: AlphaValue downgrades from reduce to sell, price target upped from 1,413.8p to 1,425.9p. IMI: Panmure Gordon keeps buy rating and 1,020p target. Cairn
Read moreLondon close: Stocks rise on euro optimism
1st Mar 2012 17:00
- Greek CDSs will not be triggered, ISDA says. - Merkel may be willing to consider bailout fund increase. - Man Group surges after shaking up divi policy. - Tata weighing up a bid for Cable and Wireless Worldwide. It was a bullish start to March, with London's blue chips finishing close their hi
Read moreFTSE 250 movers: CWW talks send shares soaring
1st Mar 2012 12:40
Indian outfit Tata Communications said it is in talks with UK telecoms firm Cable and Wireless Worldwide (CWW) regarding an offer - confirming earlier speculation - stepping on the toes of Vodafone which last month revealed its interest in the company. CWW's shares surged nearly 20% early on, and
Read moreLondon midday: Stocks rise with Eurozone in focus
1st Mar 2012 11:45
- Merkel willing to consider bailout fund increase. - Man Group surges after shaking up divi policy. - Tata weighing up a bid for Cable and Wireless Worldwide. -Italian and Spanish long-term bond yields fall below 5%. London's FTSE 100 index was trading at its highest levels of the day by lunchtime
Read moreThursday broker round-up - UPDATE
1st Mar 2012 09:33
RBS: Berenberg downgrades to sell from buy. Randgold Resources: Nomura maintains buy rating and 9,850p target. BG Group: Nomura maintains buy rating and 1,865p target. WPP: Nomura maintains buy rating and 990p target. BAE Systems: UBS ups target from 320p to 360p, buy rating unchanged. Capita:
Read moreLondon open: Man Group leads the rise early on
1st Mar 2012 08:46
- Man Group surges after shaking up divi policy. - Chinese manufacturing continues to expand. - Tata weighing up a bid for Cable and Wireless Worldwide. London's blue chips edged higher on Thursday morning, helped by a strong rise performance by Man Group. Meanwhile, Chinese manufacturing data help
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