Latest News
Broker tips: KAZ Minerals, Vodafone, Whitbread
KAZ Minerals’ shares gained on Monday after Canaccord Genuity upgraded the stock to ‘buy’ from ‘hold’ and lifted the target price to 475p from 155p.
Mortice hires new CFO after rapid first-half growth
Mortice, an AIM listed security and facilities management company, has appointed Sandeep Kumar Gupta group chief financial officer with immediate effect as it continues to grow at a rapid pace.
PureCircle has US border restrictions lifted
PureCircle, a producer and marketer of high purity stevia ingredients, has announced that the US Customs and Border Protection (CBP) have decided to release the company’s refined stevia consignments after its investigation into the products.
K3 Business Tech plummets as it warns on earnings
Shares in K3 Business Technology plummeted as the software provider warned that earnings for the year will be less than expected due to a “softening in market conditions”.
Thirst for Vimto sees Nichols revenue rise
Nichols issued a trading update for the year ended 31 December on Tuesday, with group revenue increased 7. 3% over the year to total £117. 3m.
Science in Sport teams up with British Cycling for Tokyo 2020
Science in Sport is the official sports nutrition nutrition supplier to British Cycling, the body for cycling in the UK, for the next four years including the Tokyo 2020 Olympic and Paralympic games.
Picton secures first new tenant at Farringdon Road
Property investment company Picton announced on Tuesday that it has secured its first new occupier at 50 Farringdon Road in Clerkenwell, EC1.
Yahoo to become 'Altaba' after close of Verizon deal
Internet company Yahoo! Inc will be renamed Altaba after the closure of Verizon Communications' deal to buy its core internet business, while chief executive officer Marissa Mayer will step down from her position.
Alibaba boss Ma vows to create one million US jobs after Trump meeting
US president-elect Donald Trump has met with the boss of Chinese conglomerate Alibaba at Trump Tower in New York, as Jack Ma pledged to cooperate with the incoming administration in order to bring one million jobs to the country.
Robert Walters posts 11% jump in net fee income
Recruiter Robert Walters reported an 11% jump in net fee income for the quarter ended 31 December and said full-year pre-tax profit is likely to be ahead of expectations.
KAZ Minerals gains on Canaccord upgrade
KAZ Minerals’ shares gained on Monday after Canaccord Genuity upgraded the stock to ‘buy’ from ‘hold’ and lifted the target price to 475p from 155p.
Topps Tiles posts slowdown in LFL sales
Tile specialist Topps Tiles reported a slowdown in sales in the first quarter due to “softer trading conditions”.
H&T signals better-than-expected results
H&T Group posted a trading update for the financial year to 31 December on Tuesday, ahead of its preliminary results, which it expects to publish on 13 March.
Goldman upgrades Vodafone to 'buy' on self-help
Goldman Sachs upgraded Vodafone to ‘buy’ from ‘neutral’ and lifted the price target to 260p from 275p saying self-help raises confidence in the company’s growth outlook.
Europe open: Stocks drift lower but supermarkets rally
European stocks drifted lower in early trade as investors awaited fresh catalysts.
Morrison Supermarkets ups profit forecasts after bumper Christmas
On the back of its strongest festive performance for seven years, Wm Morrison Supermarkets said it now expects full year profit to be ahead of market consensus.
Majestic Wine has biggest Christmas ever
Majestic Wine’s retail business had its biggest Christmas ever with sales up 7. 5% as overall revenue grew.
Personal Group upbeat after HMRC uncertainty
Employee benefits and employee related insurance product provider Personal Group issued a trading update post the financial year ended 31 December 2016 on Tuesday, reporting that the underlying performance of the business remained strong, with EBITDA for the year marginally ahead of expectations despite a lower than expected top line out turn.
Whitbread boosted by Credit Suisse upgrade
Whitbread got a boost on Tuesday as Credit Suisse upgraded the stock to ‘outperform’ from ‘neutral’ and lifted the price target to 4,550p from 4,030p as it took a look at European hotels.
Inflation returns as supermarkets enjoy record Christmas, Kantar says
As inflation returned to the grocery market after a two-year absence, supermarkets enjoyed record sales over the Christmas period, according to fresh industry data on Tuesday.