Gemfields Grou. Share News (GEM)

UK BROKER RATING CHANGES: Goldman Cuts Debenhams To Sell

Monday broker round-up UPDATE

Associated British Foods: Barclays downgrades to equal-weight with a target price of 2100p. Bovis Homes Group: Deutsche Bank moves target price from 1001p to 1008p maintaining a buy recommendation. British Land: Deutsche Bank downgrades to sell with a target price of 520p. British Sky Broadcastin

BROKER RATING CHANGES: Canaccord Raises Moneysupermarket To Buy

Gemfields obtains record prices at two emerald auctions

Zambia-focused miner Gemfields saw record prices for its stones at its two most recent auctions. The predominantly higher quality emeralds sold at an auction between July the 15th and 19th, in Lusaka, Zambia, fetched a record average price of 54 US dollars per carat, for a 26% increase over the pr

Gemfields Positive On Higher Grades During Third Quarter, Despite Lower Production

Gemfields Receives Positive Auction Results In India

Friday broker round-up UPDATE

Aberdeen Asset Management: JP Morgan lowers target price from 523p to 509p maintaining an overweight rating. Admiral Group: Canaccord Genuity cuts target price from 1200p to 1160p retaining its sell recommendation. API Group: Numis downgrades to add with a target price of 85p. Arbuthnot Banking G

BROKER RATING CHANGES: Investec Raises Barclays To Buy

Friday tips round-up: Aviva, Ted Baker, Gemfields

Aviva's sale of its USA unit means that the programme of sales of non-core businesses, or those that needed more capital than Aviva was prepared to commit, is now largely over. The US disposal allows internal debt to continue to reduce and boosts the key internal surplus capital ratio ? the differen

STOCKS NEWS EUROPE-UK small caps closes down 0.4 percent

UK small caps and junior-listed AIM shares fall as much as 0.4 percent underperforming the mid-caps and the blue chips, which shed 0.1 percent and rise 0.2 percent, respectively. Totally gains 11.5 percent in heavy volume after the marketing and solutions firm agrees a pilot project with Hi

Gemfields results held back by Zambian government discussions

Disruptions to its auction schedule held back revenues at gemstone miner and Fabergé owner Gemfields in the year to June, though demand and market prices remain strong. The Zambia-focused company held two auctions in the period compared to four the previous year, as the Zambian government proposed

Gemfields Swings To Loss As Switch To Local Zambian Auctions Disrupts Sales

UPDATE 1-Gemfields says keen to acquire more emerald deposits

* Says close to acquiring a sapphire asset * Full-year revenue falls 42 pct * Full-year pretax loss $22.8 mln vs profit $161.5 mln last year * Appoints Janet Blas as group CFO * Shares fall 4 pct By Roshni Menon Oct 3 (Reuters) - Miner Gemfields Plc said it wou

Emerald miner Gemfields revenue tumbles after auction delay

Oct 3 (Reuters) - Emerald miner Gemfields Plc reported a 42 percent drop in revenue as it had to delay a rough-emeralds auction by a month following a directive by the Zambian government, pushing the auction revenue into the current year. Gemfields reported a pretax loss of $22.8 million f

STOCKS NEWS EUROPE-UK small caps up 0.1 pct into mid-session

UK small caps are up 0.1 percent heading into mid-session, while junior-listed AIM shares gain 0.3 percent, with both outperforming the slightly softer mid-caps and blue chips. Shares in Gemfields rise 7.3 percent after the emerald miner says it sold a little over half a million carats of r