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Directors dealings: Shell finance chief takes some chips off the table

Directors dealings: Shell finance chief takes some chips off the table

Mon, 05 December 2016

(ShareCast News) - Royal Dutch Shell's finance boss took advantage of the jump in the company's share price immediately following OPEC's decision to cut its output to sell some of his holdings in the ... [more]

Sector movers: UK engineers pace gains

Sector movers: UK engineers pace gains

Mon, 05 December 2016

(ShareCast News) - Cyclicals and defensives switched places on the leaderboard on Monday, when compared to the end of the previous week. Shares in some of the main UK engineers were among the best per... [more]

Tuesday preview: Wolseley reports first quarter earnings

Tuesday preview: Wolseley reports first quarter earnings

Mon, 05 December 2016

(ShareCast News) - Wolseley is expected to report on Tuesday an increase in first quarter earnings, supported by a weaker pound and expansion in the US. At the full year results in September, the supp... [more]

Broker tips: Cranswick, miners, Tullett Prebon

Broker tips: Cranswick, miners, Tullett Prebon

Mon, 05 December 2016

(ShareCast News) - Cranswick's shares were under the cosh on Monday as Numis downgraded the food producer's stock to 'hold' from 'add' and cut the target price to 2,311p from 2,536p. While the company... [more]

Cranswick shares fall as Numis downgrades rating to 'hold' from 'add'

Cranswick shares fall as Numis downgrades rating to 'hold' from 'add'

Mon, 05 December 2016

(ShareCast News) - Cranswick's shares were under the cosh on Monday as Numis downgraded the food producer's stock to 'hold' from 'add' and cut the target price to 2,311p from 2,536p. While the company... [more]

Citigroup turns bullish on Western European miners

Mon, 05 December 2016

(ShareCast News) - Citigroup adjusted its ratings on a number of mining stocks on Monday as it upgraded its view on the Western European metals and mining sector to 'bullish' from 'bearish'. The bank ... [more]

Tullet Prebon shares fall after HSBC rating downgrade

Mon, 05 December 2016

(ShareCast News) - Tullett Prebon's shares fell on Monday as HSBC downgraded the inter-dealer money broker's stock to 'hold' from buy' but raised the target price to 480p from 460p The share price has... [more]

Monday newspaper round-up: Monte dei Paschi di Siena, Brexit, arms companies

Mon, 05 December 2016

(ShareCast News) - A last-gasp rescue for Monte dei Paschi di Siena, the world's oldest surviving bank, has been thrown into doubt after reformist prime minister Matteo Renzi decisively lost a referen... [more]

Sunday newspaper round-up: Care crisis, Brexit cost, RBS, BT, Sports Direct

Sun, 04 December 2016

(ShareCast News) - The UK government is on red alert over a deepening financial crisis in the care homes sector as the biggest operator, Four Seasons, heads for a £500m debt showdown and the National ... [more]

Sunday share tips: ReNeuron, Clipper Logistics, RM Secured Direct Lending

Sun, 04 December 2016

(ShareCast News) - Shares of ReNeuron are for brave investors only, said the Sunday Times' Inside the City column. The stem cell pioneer is scheduled to publish the results of second-phase clinical tr... [more]

Directors dealings: Investec´s finance chief cuts stake

Fri, 02 December 2016

(ShareCast News) - Investec´s finance chief and risk director Glynn Burger sold a big slice of shares in the specialist bank and asset manager which he helps to run. Burger sold 221,503 shares at an i... [more]

Sector movers: Interest-rate sensitive electricity stocks pace gains

Fri, 02 December 2016

(ShareCast News) - Interest rate-sensitive issues were on the front foot amid a sharp drop in government bond yields following the release of a mixed report on the state of the US jobs market in Novem... [more]

Friday broker round-up

Fri, 02 December 2016

(ShareCast News) - John Menzies: Berenberg starts coverage at buy with a target price of 660p. Synthomer: Jefferies stays at hold 367p target. WPP: Deutsche Bank reiterates buy with a 1890p target. ... [more]

Goldman downgrades Britvic on weaker outlook

Fri, 02 December 2016

(ShareCast News) - Goldman Sachs downgraded drinks maker Britvic to 'neutral' from 'buy' and slashed the price target to 600p from 810p, removing the stock from its 'conviction list' following the ful... [more]

HSBC sees 'no' vote in Italy referendum, Renzi to stay and no early elections

Fri, 02 December 2016

(ShareCast News) - Markets appear to be positioned for a 'no' vote in Italy's referendum on constitutional reform on Sunday, HSBC said, with banks there underperforming their European peers by 9% and ... [more]

EasyJet flies lower on RBC Capital downgrade

Fri, 02 December 2016

(ShareCast News) - EasyJet flew lower on Friday as RBC Capital Markets cut its stance on the stock to 'underperform' from 'sector perform'. The bank argued that without material and significant improv... [more]

Telford Homes climbs as Canaccord Genuity bumps it to 'buy'

Fri, 02 December 2016

(ShareCast News) - Canaccord Genuity upgraded Telford Homes to 'buy' from 'hold' and raised its price target to 360p from 330p. "We are encouraged by recent trading trends and the flexibility over the... [more]

Numis upgrades Berkeley to 'buy' from 'add' after first half earnings

Fri, 02 December 2016

(ShareCast News) - Berkeley Group's shares rose on Friday as Numis raised its rating on the property developer to 'buy' from 'add' and reiterated a target price of 3,844p following better-than-expecte... [more]

Friday newspaper round-up: Nissan, Brexit, landlords

Fri, 02 December 2016

(ShareCast News) - The British government has rejected a Freedom of Information request to release a letter from Greg Clark, the business secretary, that encouraged the Japanese carmaker Nissan to inv... [more]

Directors dealings: Speedy Hire's finance chief splashes out

Thu, 01 December 2016

(ShareCast News) - Speedy Hire's finance chief splashed out £50,632.93 on 117,751 shares of the equipment and tool rental group. Chris Morgan carried out the transaction on 30 November, as the small-c... [more]

Sector movers: Industrial Engineers up despite tough end markets

Thu, 01 December 2016

(ShareCast News) - Another day of solid gains for crude oil futures boosted the oil patch again. Close behind were Industrial Engineers, with shares in Rotork, IMI and Weir Group pacing gains. Commen... [more]

Broker tips: Dixons Carphone, Wizz Air, TalkTalk

Thu, 01 December 2016

(ShareCast News) - Dixons Carphone racked up some healthy gains on Thursday as Credit Suisse initiated coverage of the stock at 'outperform' with a 12-month 420p price target, implying a one-year tota... [more]

Credit Suisse starts Dixons Carphone at 'outperform'

Thu, 01 December 2016

(ShareCast News) - Dixons Carphone racked up some healthy gains on Thursday as Credit Suisse initiated coverage of the stock at 'outperform' with a 12-month 420p price target, implying a one-year tota... [more]

Friday preview: Berkeley Group's first half earnings, US non-farm payrolls

Thu, 01 December 2016

(ShareCast News) - Berkeley Group is expected to report healthy growth in first half earnings on Friday as the property developer benefits from continued high demand and margins. Deutsche Bank expects... [more]

Credit Suisse sees strict bail-in of Italian banks as most likely scenario

Thu, 01 December 2016

(ShareCast News) - The most likely scenario heading into the Italian constitutional referendum was for a win by the 'no' camp, which would make attempts to recapitalise the country's lenders that much... [more]