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Friday tips round-up: Diageo, Catlin Group

Friday tips round-up: Diageo, Catlin Group

Fri, 19 December 2014

Consumer goods giant Diageo is seeing a slowdown in growth in one of its main markets, the United States. One would have thought the economic recovery and drop in the oil price would have translated i... [more]

Aveva director raises stake as a sign of confidence in the company

Aveva director raises stake as a sign of confidence in the company

Fri, 19 December 2014

Philip Dayer, a non-executive director at Aveva, spent £14,901 buying shares at the company as a sign of confidence in the company following recent concerns about how the oil price will affect the bus... [more]

Sector movers: Energy stocks jump on oil-price rebound

Sector movers: Energy stocks jump on oil-price rebound

Fri, 19 December 2014

The oil and gas producing sector was near the top of the risers list on Friday as a strong rebound in crude prices went some way to repairing fragile sentiment in the energy industry. Brent crude, whi... [more]

Broker tips: Energy services sector, IAG, Serco, Aveva

Broker tips: Energy services sector, IAG, Serco, Aveva

Fri, 19 December 2014

Shares in the oil and gas services sector were hammered on Friday by comments from US bank Goldman Sachs which repeated its 'cautious' rating on the European sector in light of the recent collapse in ... [more]

Peel Hunt says 'buy' Berendsen despite expected currency hit

Peel Hunt says 'buy' Berendsen despite expected currency hit

Fri, 19 December 2014

Peel Hunt is advising investors to 'buy' into Berendsen after the textile service company forecast a currency hit to revenue, but said it had improved margins in its key growth businesses. Berendsen, ... [more]

Oil collapse to result in "painful" 2015/16 for energy services, says Goldman

Fri, 19 December 2014

Shares in the oil and gas service industry took a battering on Friday from comments by US investment bank Goldman Sachs which repeated its 'cautious' rating on the sector's European players in light o... [more]

Buying Aer Lingus would 'make sense' for IAG, says Liberum

Fri, 19 December 2014

Broker Liberum Capital has reiterated its 'buy' stance for IAG shares, saying it expects the airline group to add Aer Lingus to its portfolio. IAG announced that it had approached the Irish carrier ab... [more]

Peel Hunt slashes Serco target, reiterates 'sell' due to expensive valuation

Fri, 19 December 2014

Peel Hunt has slashed its target price for Serco by nearly half to take into account a proposed rights issue by the outsourcing group and kept a 'sell' rating on the stock. However, the broker said th... [more]

Friday broker round-up

Fri, 19 December 2014

AVEVA: Numis upgrades to 'buy' with a target price of 1810p. Boohoo: Investec cuts target price from 85p to 65p and stays with its 'buy' recommendation. BT Group: Deutsche Bank ups target price from ... [more]

Westhouse stays positive about Aveva, sparks M&A hopes

Fri, 19 December 2014

Shares in Aveva faced heavy selling pressure on Thursday after both Morgan Stanley and JPMorgan Cazenove cut the engineering software group to 'underweight', though Westhouse Securities stayed positiv... [more]

Market overview: Banks and housebuilders rise, energy services fall

Fri, 19 December 2014

0916: Banking stocks are among the best performers early on with HSBC, Barclays, RBS and Lloyds making decent gains. Housebuilders such Persimmon, Bellway, Barratt Developments and Bovis Homes are als... [more]

Friday newspaper round-up: IAG and Aer Lingus, North Sea oil, Unilever and RB...

Fri, 19 December 2014

The Times has printed a story on British Airways owner IAG's revelation that a secret €1bn-plus takeover of Aer Lingus was rejected by the Irish carrier's board. According to the new source, a ta... [more]

Friday preview: GfK releases reports on UK and German consumer confidence

Thu, 18 December 2014

UK and German consumer confidence may have risen slightly, GfK is expected to reveal in separate reports scheduled for release on Friday. GfK's index on UK consumer confidence is forecast to rise to -... [more]

Jelf Group chairman buys shares following acquisition, strong full-year results

Thu, 18 December 2014

Christopher Jelf, founder and chairman of Jelf Group, and his wife purchased a total of 56,300 shares at the insurance company on Thursday. Jelf, who founded the firm in 1989, bought 22,800 shares at ... [more]

Sector movers: Tesco leads grocers higher on customer-service push, strong data

Thu, 18 December 2014

A surge in the share price of supermarket giant Tesco gave the UK food and drug retail sector a big boost on Thursday, as investors reacted to upbeat economic data and showed optimism about the compan... [more]

Broker tips: Tesco, Friends Life, Imagination Technologies

Thu, 18 December 2014

Shore Capital has welcomed new measures by Tesco to "crank up the customer service" ahead of Christmas, suggesting that competition from the rival discounters may be waning. Looking ahead of the all-i... [more]

Charles Stanley upgrades Friends Life after recent falls

Thu, 18 December 2014

Charles Stanley has lifted its stance on insurance firm Friends Life Group (FLG), saying it sees limited downside after recent falls in the stock. The shares have fallen by around 10% since the broker... [more]

Numis downgrades Imagination Technologies despite H1 outperformance

Thu, 18 December 2014

Numis Securities is recommending investors to sell shares of Imagination Technologies Group (IMG) despite the chip group beating the market's forecasts with its first-half results, saying that its con... [more]

Market overview: US data comes in mixed, Philly Fed index sinks

Thu, 18 December 2014

1500: Markets are extending gains despite a raft of mixed economic data. The preliminary reading of the US Markit services PMI unexpectedly dropped to 53.6 in November from 56.2 previously, missing th... [more]

Shore Capital welcomes festive customer-service push at Tesco

Thu, 18 December 2014

Shore Capital has welcomed new measures by Tesco to "crank up the customer service" ahead of Christmas, suggesting that competition from the rival discounters may be waning. Looking ahead of the all-i... [more]

Thursday broker round-up

Thu, 18 December 2014

AVEVA: JP Morgan reduces target price from 1825p to 1220p, downgrading to 'underweight'. Morgan Stanley reduces target price from 1725p to 1100p, downgrading to 'underweight'. Bellway: Jefferies ups t... [more]

Thursday newspaper round-up: Federal Reserve, Tesco, Lloyds...

Thu, 18 December 2014

US stock markets soared on Wednesday night after the Federal Reserve "gave its clearest signal yet that it intends to raise borrowing costs by - or even before - the middle of next year", writes The T... [more]

Wednesday tips round-up: Domino Printing, Imagination Technologies

Wed, 17 December 2014

Domino Printing would seem to enjoy both a favourable outlook and a predictable business model. The firm, whose printers produce labels for consumer goods companies, believes it can grow at above the ... [more]

Wednesday tips round-up: Domino Printing, Imagination Technologies

Wed, 17 December 2014

Domino Printing would seem to enjoy both a favourable outlook and a predictable business model. The firm, whose printers produce labels for consumer goods companies, believes it can grow at above the ... [more]

Thursday preview: Carnival reports full-year results, UK retail sales, US jobless claims

Wed, 17 December 2014

Carnival is a major beneficiary of the collapse in the price of oil, Numis said ahead of the cruise operator's annual results on Thursday. "If current fuel prices are broadly maintained, we estimate a... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Tullow Oil 425.60 6.85 16:43
Tesco 185.40 5.46 16:55
Randgold Resources Ltd. 4,431.00 4.41 17:03
Morrison (Wm) Supermarkets 176.20 3.65 17:03
BHP Billiton 1,377.50 3.57 17:02

FTSE 100 Top Fallers

Name Last Chg.% Time
TUI AG Reg Shs (Post- 16/12/14)(DI) 1,073.00 -3.25 17:01
SSE 1,624.00 -1.46 17:02
Smiths Group 1,072.00 -1.29 17:03
Sky 891.00 -1.22 16:43
Shire Plc 4,629.00 -1.13 17:15