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Computacenter's chairman buys new shares

Computacenter's chairman buys new shares

Wed, 01 July 2015

The non-executive chairman of Computacenter has bought new shares in the company. Greg Lock purchased 41,500 shares for an individual price of 768.8p, spending a total of £319,052. As a result, Lock,... [more]

Thursday preview: US non-farm payrolls to steal the show

Thursday preview: US non-farm payrolls to steal the show

Wed, 01 July 2015

Along with the usual tug-and-way battle between Greece and its creditors that is likely to continue on Thursday, the all-important US employment report will still probably grab a few headlines. The no... [more]

Buy Hiscox on the back of ACE/Chubb deal, says RBC Capital

Buy Hiscox on the back of ACE/Chubb deal, says RBC Capital

Wed, 01 July 2015

RBC Capital Markets recommended investors buy Hiscox on Wednesday on the back of ACE's agreement to buy Chubb Corp for $28.3bn, having recently suggested the FTSE 250 insurer was too richly priced. Sw... [more]

HSBC picks out 9 stocks that will shine in upcoming earnings season

HSBC picks out 9 stocks that will shine in upcoming earnings season

Wed, 01 July 2015

With the market on tenterhooks regarding Greece, the forthcoming earnings season should help relieve some of the built-up tension and get investors focused on the fundamentals again, HSBC said in a no... [more]

Jefferies raises Paragon price target

Jefferies raises Paragon price target

Wed, 01 July 2015

Jefferies raised its price target on Paragon Group of Companies to 540p from 440p and kept its rating at 'buy'. "Our basic thesis is that Paragon is returning to a more normal level of buy-to-let (BTL... [more]

JPMorgan sees upside at Land Securities, stays at 'buy'

Wed, 01 July 2015

JPMorgan Cazenove has recommended investors buy shares of Land Securities, picking the stock out as one of its key 'overweights' in the UK property sector. "The sell off in UK property stocks represen... [more]

Greene King full-year in line but organic growth lacklustre, says Nomura

Wed, 01 July 2015

Greene King's full-year results are in line, but organic growth is lacklustre, Nomura said in a note. It said adjusted pre-tax profit of £168.5m was in line with its estimate and Bloomberg consensus. ... [more]

Broker Tips: Stagecoach, Colt, Land Securities, Betfair

Wed, 01 July 2015

RBC Capital Markets downgraded Stagecoach to 'sector perform' from 'outperform' but raised the target price to 425p from 395p. After minor forecast changes, the brokerage said it remains positively di... [more]

Market overview: Greek referendum to go ahead as planned, Tsipras confirms

Wed, 01 July 2015

1541: Greek PM Alexis Tsipras has confirmed in a speech that the referendum on Sunday will take place as scheduled. 1319: A report on Twitter citing Greek government source says referendum wil go ahea... [more]

RBC downgrades Stagecoach to 'sector perform'

Wed, 01 July 2015

RBC Capital Markets downgraded Stagecoach to 'sector perform' from 'outperform' but raised the target price to 425p from 395p. After minor forecast changes, the brokerage remains positively disposed t... [more]

Citigroup downgrades Colt to 'neutral' on valuation

Wed, 01 July 2015

Citigroup downgraded Colt to 'neutral' from 'buy' following a share price increase of around 27% over the last month, which means the stock is now trading an optimum level. The bank raised Colt's targ... [more]

Wednesday newspaper round-up: Greece, Ocado, Heathrow runway

Wed, 01 July 2015

Greece has officially defaulted on its €1.6bn debt repayment to the IMF, making it the first ever developed economy not to pay back the IMF, The Telegraph reports. Ocado boss Tim Steiner has said... [more]

Active Energy CEO buys new shares

Tue, 30 June 2015

The chief executive of Active Energy Group increased his stake, the timber company said on Tuesday. Richard Spinks bought 300,000 new shares for an individual price of 5.5p, spending a total of £16,50... [more]

Sector movers: Metals market continues to drive miners lower as FTSE 100 sheds 1.5%

Tue, 30 June 2015

Bearish sentiment in the industrial metals market dragged blue chip and mid-tier mining shares down on Tuesday, with the Greek debt crisis still playing on traders' minds. London's FTSE 100 index clos... [more]

Wednesday preview: Manufacturing PMIs, ADP report in focus

Tue, 30 June 2015

As the Greek debt crisis continues to dominate headlines, a barrage of global economic data will likely keep investors busy on Wednesday, including some closely-watched manufacturing indicators. Purch... [more]

Citi positive on UK international banks

Tue, 30 June 2015

Against a disinflationary backdrop, the long-end of the of the US dollar and euro area interest rate curves have undergone what analysts terms a 'bull-flattening' since the start of 2010. As foreseen ... [more]

Jefferies starts Halma at 'buy'

Tue, 30 June 2015

Jefferies initiated coverage of Halma at 'buy' with an 880p price target. It said the core attractions are sector-leading returns, strong market shares in niches with clear long-term structural driver... [more]

Tuesday share tips: Sky, BG Group, Vodafone

Tue, 30 June 2015

Sky´s decision to dedicate one of its channels solely to Formula 1 fits in well with its strategy as a content distributor, but a theoretical purchase of the franchise whole does not. Speculation has ... [more]

Berenberg downgrades Ultra Electronics ahead of 'another year of decline'

Tue, 30 June 2015

Berenberg cut its rating on Ultra Electronics to 'sell' from 'hold' while reducing the target price to 1,600p from 1,900p following a capital markets day on 24 June. The bank said Ultra has not delive... [more]

HSBC highlights upside at Tesco, stays at 'buy'

Tue, 30 June 2015

HSBC has reiterated its 'buy' recommendation on Tesco, saying that the supermarket group is likely to be the preferred choice of suppliers across the grocery industry. The bank highlighted that Tesco ... [more]

Broker tips: HSBC, Compass, Foxtons, Standard Life

Tue, 30 June 2015

Goldman Sachs has removed banking giant HSBC from its 'conviction buy' list and cut its recommendation on the stock to 'neutral', slashing its target price from 760p to 690p. Goldman said its investme... [more]

Home Retail rallies 4% on Morgan Stanley upgrade

Tue, 30 June 2015

Home Retail rallied 4% on Tuesday after Morgan Stanley upgraded the stock to 'overweight' from 'equalweight' and raised the price target to 180p from 170p. "We think there are some very interesting th... [more]

European banks, diversified financials and insurers most correlated to sovereign risk, says UBS

Tue, 30 June 2015

UBS said in an equity strategy note on Tuesday that it expects continued volatility ahead of the Greek referendum this weekend, with polls and political comments by Greek and Eurozone leaders driving ... [more]

Foxtons slumps as Citi initiates stock at 'sell'

Tue, 30 June 2015

Foxtons slumped 4% on Tuesday after Citigroup initiated coverage of the stock at 'sell' with a 215p price target. It said Foxtons has the strongest brand profile and margin performance of the three st... [more]

Goldman downgrades HSBC to 'neutral', slashes target price

Tue, 30 June 2015

Goldman Sachs has removed banking giant HSBC from its 'conviction buy' list and cut its recommendation on the stock to 'neutral', slashing its target price from 760p to 690p. Goldman said its investme... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Wynn Resorts Ltd. 103.07 4.46 21:50
Kraft Foods Group, Inc. 88.30 3.71 22:09
Comcast Corp. 62.25 3.51 22:10
Mylan Inc. 69.70 2.71 21:59
Mattel Inc. 26.34 2.53 22:10

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Sandisk Corp. 56.41 -3.11 22:01
Keurig Green Mountain Inc 74.70 -2.52 21:58
Expedia Inc. 107.19 -1.98 22:10
Citrix Systems Inc. 69.38 -1.11 22:10
Gilead Sciences Inc. 116.01 -0.91 22:10