BEST OF THE BROKERS January 23, 2011 ASSOCIATED BRITISH FOODS Deutsche Bank rates the consumer group “sell” with a target price of 950p. The broker has downgraded its earnings per share forecast by two per cent thanks to falling sugar yields after the snow and margin pressure in some divisions. It also warns that Primark’s sales growth is continuing its slow-down. MAN [...]
THE TIPSTER January 5, 2011 After hitting 28-month highs earlier this week, the Dow Jones Industrial Average fell back slightly on Tuesday to lows of 11,636.88 in intra-day trading. However, yesterday’s rally showed traders are positive about the index, which has rallied hard since trading below 10,000 as recently as 31 August. With analysts predicting a positive year ahead, traders [...]
THE TIPSTER February 13, 2011 HAVING lost 98 per cent of their value over the last four years, shares in directory listings company Yell are clearly struggling. The landscape has shifted beyond recognition as online search services proliferate and there is little reason to expect any fundamental change. With earnings due for release on Tuesday of next week, any insights [...]
THE TIPSTER February 13, 2011 HAVING lost 98 per cent of their value over the last four years, shares in directory listings company Yell are clearly struggling. The landscape has shifted beyond recognition as online search services proliferate and there is little reason to expect any fundamental change. With earnings due for release on Tuesday of next week, any insights [...]
BEST OF THE BROKERS January 4, 2011 BAE SYSTEMS Espirito Santo Investment Bank, which incorporates Execution Noble, recommends a “buy” on BAE?Systems, saying the stock “has sunk back towards the bottom end of its historic price-to-earnings ratio range”. The broker says that the risk-reward trade-off now “looks attractive heading into results”. DOMINO’S PIZZA Numis rated the stock a “buy” yesterday, ahead of [...]
A NIGHT TO CELEBRATE SUCCESS January 26, 2011 THERE’S little that cheers the soul better after a lingering recession than a roomful of entrepreneurs, and last night’s Quoted Company Awards were no exception, as banks and brokerages gathered to cheer on their new and growing clients. Companies in attendance ranged from a bevy of smart media startups, including nine-month-old Digital Theatre and acquisition-hungry [...]
A NIGHT TO CELEBRATE SUCCESS January 26, 2011 THERE’S little that cheers the soul better after a lingering recession than a roomful of entrepreneurs, and last night’s Quoted Company Awards were no exception, as banks and brokerages gathered to cheer on their new and growing clients. Companies in attendance ranged from a bevy of smart media startups, including nine-month-old Digital Theatre and acquisition-hungry [...]
Domino’s sales top forecasts January 5, 2011 THE country’s biggest pizza delivery firm Domino’s Pizza yesterday said it expected its 2010 pre-tax profit to beat market forecasts following a strong finish to the year, sending its shares to an all-time high. Domino’s, which operates the British and Irish franchises of the global delivery brand, has excelled through challenging economic conditions as cash-strapped [...]
Next update set to show snow losses January 3, 2011 SEVERAL consumer bellwethers are due to reveal Christmas trading figures this week, with Next, Domino’s Pizza and Clinton Cards kicking off the first reporting season of the year. Clothing retailer Next is due to reveal in a trading update on Wednesday how snow disruption and consumer spending pressures have affected sales over the 24 weeks [...]
Next update set to show snow losses January 3, 2011 SEVERAL consumer bellwethers are due to reveal Christmas trading figures this week, with Next, Domino’s Pizza and Clinton Cards kicking off the first reporting season of the year. Clothing retailer Next is due to reveal in a trading update on Wednesday how snow disruption and consumer spending pressures have affected sales over the 24 weeks [...]