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Canaccord says tribunal ruling is 'very good news' for Tullow Oil

Canaccord says tribunal ruling is 'very good news' for Tullow Oil

Mon, 27 April 2015

Analysts at Canaccord Genuity reiterated their 'hold' rating on Tullow Oil stock, after a judge ruled its TEN development could continue. The brokerage described the ruling as "very good news" for the... [more]

European TV ads 'to return to growth' with ITV best positioned, says Credit Suisse

European TV ads 'to return to growth' with ITV best positioned, says Credit Suisse

Mon, 27 April 2015

The current year is expected to be the first year of growth in European TV advertising since 2010, according to research by Credit Suisse, with analysts expectations considerably undershooting the ind... [more]

Spectris rated as 'sell' after Q1 miss

Spectris rated as 'sell' after Q1 miss

Mon, 27 April 2015

Spectris was rated as a 'sell' by N+1 Singer Equity Research after reporting first quarter sales that missed forecasts. The company reported like-for-like sales growth of 1%, which was slightly below ... [more]

Market overview: ITV leads fallers as Ofcom reveals new phone-in charges

Market overview: ITV leads fallers as Ofcom reveals new phone-in charges

Mon, 27 April 2015

1010: The FTSE 100 is down almost 30 point at 7,041.12 led by falls at ITV, Tesco, and RSA Insurance. ITV is down just as Ofcom have announced changes to the cost of entering phone-ins, competitions a... [more]

Monday newspaper round-up: Housing, Primark, HSBC, Natural Gas

Monday newspaper round-up: Housing, Primark, HSBC, Natural Gas

Mon, 27 April 2015

Ed Miliband will today intensify a political offensive over housing with an offer to exempt first-time buyers from up to £5,000 in stamp duty using cash raised from tax crackdowns on rogue landlords a... [more]

Sunday newspaper round-up: HSBC spinoff, Lloyds offer, Worldpay IPO

Sun, 26 April 2015

HSBC could spin off its £20bn UK high street banking interests, the Sunday Times said, reviving the old Midland Bank brand which the group bought in 1992. Having on Friday mentioned it was looking at ... [more]

Sunday share tips: WPP, Asos, WANDisco

Sun, 26 April 2015

Shares in Asos should be sold, the Inside the City column said in the Sunday Times. After a rollercoaster ride up to a £70 all-time high before shooting down to half that point after three profit warn... [more]

Broker tips: Pearson, French Connection, Reckitt Benckiser

Fri, 24 April 2015

Publishing and education group Pearson has been downgraded by broker Numis on valuation grounds, despite a first-quarter statement that was in line with forecasts. The broker noted no surprises in the... [more]

ARM Holdings' chairman buys shares after reporting upbeat Q3

Fri, 24 April 2015

The chairman of ARM Holdings bought same shares two days after the smartphone and tablet microchip designer published "encouraging" first-quarter results. Stuart Chambers purchased 20,000 shares for 1... [more]

Tesco's valuation sparks divergent stances at Goldman Sachs and Bernstein

Fri, 24 April 2015

There were contrasting opinions on Tesco's valuation between Wall Street heavyweights Sanford C Bernstein and Goldman Sachs after the UK supermarket group reported record losses this week. Looking at ... [more]

Sector movers: Miners lead the way as copper prices rise

Fri, 24 April 2015

Mining stocks, including Glencore and Rio Tinto, led the way on Friday as copper prices rose on lower inventories and a weaker US dollar. Aluminium, nickel and zinc also rose to provide miners a boost... [more]

Pearson downgraded by Numis on valuation grounds after results

Fri, 24 April 2015

Publishing and education group Pearson has been downgraded by broker Numis on valuation grounds, despite a first-quarter statement that was in line with forecasts. The broker noted no surprises in the... [more]

French Connection under review at Numis after profit warning

Fri, 24 April 2015

Numis put its recommendation on French Connection under review after the clothing retailer reported a tough first half trading and warned on flagged full year 2016 profits. The broker reduced its prof... [more]

Canaccord raises target for Reckitt Benckiser after better-than-forecast Q1

Fri, 24 April 2015

Reckitt Benckiser Group rallied as the maker of Dettol handwash and Durex condoms reported a rise in first-quarter revenue that exceeded analysts' estimates, with broker Canaccord raising its target p... [more]

Market overview: Eurogroup express frustration with Greek leadership

Fri, 24 April 2015

1140: Greek default probability has jumped as Greek finance minister Yannis Varoufakis was reported as having taken a hammering from frustrated EU counterparts. Finance chiefs in the Eurogroup said Va... [more]

Friday newspaper round-up: Conservative campaign, Russia, Barclays

Fri, 24 April 2015

Business leaders have become frustrated at the tactics and tone of the Conservative election campaign, amid concern in British boardrooms that Ed Miliband is mounting a stiffer challenge for Number 10... [more]

Broker tips: Lloyds, Vodafone, Pace

Thu, 23 April 2015

Deutsche Bank has named Lloyds as its "top pick" in the UK banking sector ahead of the first-quarter reporting season, saying that operating conditions across the sector have been good over the start ... [more]

Sopheon directors top up stakes in software group

Thu, 23 April 2015

Three directors at Sopheon bought shares on Thursday, showing confidence in the software developer one month after reported a full-year loss of $1.5m. Chairman Barry Mence acquired 46,844 shares f... [more]

Friday preview: Eurogroup puts Greece on the table at Riga meeting

Thu, 23 April 2015

Greece will dominate the agenda on Friday when Eurozone finance ministers gather in Riga. Thomas Wieser, who heads the Eurogroup Working Group, said Greece would not present a list of economic reforms... [more]

Sector movers: Miners in demand as weak China data lifts stimulus hopes

Thu, 23 April 2015

It was a case of bad data being good news for the mining sector on Thursday as stocks surged on hopes for further stimulus in China. A HSBC survey said the Chinese manufacturing purchasing managers' i... [more]

Numis says Pace takeover unlikely to fail, upgrades to 'hold'

Thu, 23 April 2015

A £1.4bn takeover offer from US group Arris for Pace has prompted Numis Securities to remove its 'sell' rating on UK set-top box maker. The broker lifted its stance to 'hold' and hiked its target pric... [more]

Lloyds named as top pick in UK banking sector by Deutsche Bank

Thu, 23 April 2015

Deutsche Bank has named Lloyds as its "top pick" in the UK banking sector ahead of the first-quarter reporting season, saying that operating conditions across the sector have been good over the start ... [more]

Goldman predicts inflection point at Vodafone as growth returns

Thu, 23 April 2015

The next 12 months will be a "year of inflection" for Vodafone, according to Goldman Sachs which predicts a return to organic growth at the telecoms giant. The US investment bank reiterated its 'buy' ... [more]

Market overview: Experian tracks gains in Visa

Thu, 23 April 2015

0845: Stocks have started the morning on a subdued note despite the moderate gains seen on Wall Street overnight. Nonetheless, traders managed to shrug off a weaker than expected reading on Chinese ma... [more]

Thursday newspaper round-up: Pace, Petrobas, IG Group

Thu, 23 April 2015

Set-top box maker Pace has agreed to a £1.4bn takeover by sector peer Arris, reports The Times. The company will hold its annual general meeting on Thursday, at which it will present the recommended d... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Amazon.Com Inc. 445.10 14.13 22:10
Microsoft Corp. 47.87 10.45 22:10
Starbucks Corp. 51.84 4.88 22:08
Mattel Inc. 30.20 4.43 22:10
Google Inc. Class C 565.06 3.30 22:10

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Biogen Inc 401.71 -6.64 22:10
Maxim Integrated Products Inc. 32.78 -5.64 22:10
Avago Technologies Ltd. 119.50 -3.68 22:10
Nxp Semiconductors Nv 95.33 -3.30 22:10
Altera Corp. 40.89 -2.85 22:08