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Investec upgrades Great Portland to 'buy' off strong investment demand

Investec upgrades Great Portland to 'buy' off strong investment demand

Fri, 31 July 2015

(ShareCast News) - Investec upgraded its rating for property investment company Great Portland to 'buy' from 'hold' and upped its price target to 912p. Analysts from Investec said in a note strong inv... [more]

Broker tips: WANdisco, Smith & Nephew, Great Portland

Broker tips: WANdisco, Smith & Nephew, Great Portland

Fri, 31 July 2015

(ShareCast News) - UBS reiterated its 'buy' recommendation on 'big data' software company WANdisco but slashed its target price by more than half to 330p, though this still offered a 69% upside on Thu... [more]

ServicePower Technologies' chairman buys 2m new shares

ServicePower Technologies' chairman buys 2m new shares

Fri, 31 July 2015

(ShareCast News) - The chairman of ServicePower Technologies has bought 2m shares in the company. Hugh Fitzwilliam-Lay purchased 2m shares for an individual price of 4.5p, spending £90,000 in the tran... [more]

Sector movers: Aerospace and defence stocks lead London market higher

Sector movers: Aerospace and defence stocks lead London market higher

Fri, 31 July 2015

(ShareCast News) - Aerospace and defence, and media stocks led the London market higher as miners continued to struggle on Friday. The FTSE 100 closed up 0.41% or 27.41 points at 6696.28, while FTSE 2... [more]

Charles Stanley upgrades Smith & Nephew to 'accumulate' off quarter two results

Charles Stanley upgrades Smith & Nephew to 'accumulate' off quarter two results

Fri, 31 July 2015

(ShareCast News) - Analysts at Charles Stanley raised their rating for Smith & Nephew from 'hold' to 'accumulate' and lifted their price target to 1167p from 1143p. Medical products suppler Smith & Ne... [more]

WANdisco still a 'buy' for UBS but target price halved

Fri, 31 July 2015

(ShareCast News) - UBS reiterated its 'buy' recommendation on 'big data' software company WANdisco but slashed its target price by more than half to 330p, though this still offered a 69% upside on Thu... [more]

Friday tips round up: Schroders, Nintendo

Fri, 31 July 2015

(ShareCast News) - Investors in Schroders should take profits now shares have come a long way and income from them is underwhelming, The Times' Tempus column said. Tempus said shares in fund managers ... [more]

Market overview: FTSE ends up a touch higher after mixed day of earnings and data

Fri, 31 July 2015

(ShareCast News) - 1650 (Close): The FTSE 100 ended the day up 27.41 points to 6,696.28 after a mixed day of corporate reports and economic data. Eurozone inflation held steady in July while US consum... [more]

Friday newspaper round-up: Government RBS share sale, automotive slowdown

Fri, 31 July 2015

(ShareCast News) - The government is set to launch its first sale of Royal Bank of Scotland shares since the lender's £46bn taxpayer-funded rescue nearly seven years ago, marking the beginning of the ... [more]

Broker tips: Indivior, St James Place, Tate & Lyle

Thu, 30 July 2015

(ShareCast News) - Shares in Indivior were given a downgraded 'neutral' rating from Citi after their strong performance in the year to date, while Deutsche Bank argued the company's drug pipeline was ... [more]

Friday preview: Lloyds reports first quarterly results since full TSB split

Thu, 30 July 2015

(ShareCast News) - Lloyds Banking Group on Friday reports its first quarterly results since it cut ties with TSB completely. UBS said it expects the second quarter results to show underlying trends re... [more]

Kromer's CFO buys shares after announcing plans for placing

Thu, 30 July 2015

(ShareCast News) - Kromek's chief financial officer bought shares in the company in the same day it plunged over 15% after it unveiled plans to raise £11m via a discounted placing. Derek Bulmer purcha... [more]

Berenberg cuts St James's Place to 'hold', says it's up with events

Thu, 30 July 2015

(ShareCast News) - Berenberg downgraded St James's Place to 'hold' from 'buy' with an unchanged price target of 950p, saying that following a strong rally year-to-date the share price is now largely u... [more]

Indivior downgraded by Citi but upgraded by Deutsche

Thu, 30 July 2015

(ShareCast News) - Shares in Indivior were given a downgraded 'neutral' rating from Citi after their strong performance in the year to date, while Deutsche Bank argued the company's drug pipeline was ... [more]

Exane downgrades Melrose, expresses disappointment over Elster sale

Thu, 30 July 2015

(ShareCast News) - Exane BNP Paribas downgraded Melrose Industries to 'neutral' from 'outperform' with an unchanged price target of 285p following news of the company's disposal on Wednesday. Exane sa... [more]

Tate & Lyle upgraded by SocGen as downgrade cycle nears end

Thu, 30 July 2015

(ShareCast News) - Societe Generale upgraded Tate & Lyle to 'buy' from 'hold' and raised the price target to 620p from 600p. The bank said that with 2016 earnings per share estimates now half the leve... [more]

Sector movers: Metals slump drags miners lower, oil stocks up in London

Thu, 30 July 2015

(ShareCast News) - Another decline in industrial metals futures dragged London-listed miners lower on Thursday, but oil and gas stocks were up on Royal Dutch Shell beating analysts' forecasts. The FTS... [more]

Market overview: US GDP data beats thanks to revisions

Thu, 30 July 2015

(ShareCast News) - 1331: US GDP expanded at a 2.3% year-on-year pace in the second quarter, coming in below forecasts for a rise of 2.5%. However, that was more than compensated for by an increase of ... [more]

Thursday newspaper round-up: Banks, China, Bombardier

Thu, 30 July 2015

(ShareCast News) - Despite billions of pounds in fines, several years of investigations and a slew of criminal prosecutions, many banks have yet to take on board the lesson of the market-rigging scand... [more]

Broker tips: Greene King, Hikma Pharmaceuticals

Wed, 29 July 2015

(ShareCast News) - Goldman Sachs reinstated its 'buy' rating on Greene King with a 1,060p price target, saying it expects the company to deliver consistent earnings growth given its exposure to accele... [more]

Northcote Energy's chief executive buys new shares

Wed, 29 July 2015

(ShareCast News) - Northcote Energy's chief executive bought 9.5m new shares in the company in the same day it announced a joint venture remediation plant in Mexico. Randall Connally purchased 9,523.8... [more]

Thursday preview: Busy day of earnings await with flood of FTSE 350 interims

Wed, 29 July 2015

(ShareCast News) - Investors will on Thursday be snowed under with earnings from a batch of FTSE 350 companies. Astrazeneca, Weir Group and Royal Dutch Shell will be among those reporting. Shell will... [more]

Sector movers: Pharma, tobacco stocks lead a defensive London market higher

Wed, 29 July 2015

(ShareCast News) - Pharmaceuticals and big tobacco stocks led the London market higher, as relative calm in the Chinese equities market, and better second half trading in the European commodities sphe... [more]

Goldman Sachs reinstates Greene King at 'buy', sees consolidation driving margins

Wed, 29 July 2015

(ShareCast News) - Goldman Sachs reinstated its 'buy' rating on Greene King with a 1,060p price target, saying it expects the company to deliver consistent earnings growth given its exposure to accele... [more]

Jefferies ups Hikma to 'buy', says Roxane deal is a "game changer"

Wed, 29 July 2015

(ShareCast News) - Hikma Pharmaceuticals got a boost after Jefferies upgraded the stock to 'buy' from 'hold' and raised its price target to 2,615p from 2,134p as it integrates the company's "transform... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Expedia Inc. 121.44 12.85 22:10
Amgen Inc. 176.59 2.85 21:50
Staples Inc. 14.71 2.72 22:10
Netflix Inc. 114.31 2.47 22:09
Discovery Communications Inc. Class A 33.02 2.45 22:10

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Micron Technology Inc. 18.51 -6.98 21:54
Yahoo! Inc. 36.67 -2.00 22:10
Avago Technologies Ltd. 125.14 -1.97 22:10
Broadcom Corp. 50.61 -1.44 22:10
Seagate Technology Plc 50.60 -1.35 22:10