Genus Share News (GNS)

UK MORNING BRIEFING: London Gains On Positive Chinese Data

Genus Hit By Sterling Strength, China Weakness, But Stays Positive

Wednesday preview: All eyes on UK services PMI on Wednesday morning

A crucial gauge of the UK economy, the services purchasing managers index (PMI), is published at 09.30 on Wednesday, with economists predicting a slide to 58.5 from the 59.1 recorded last month. Services is the main contributor to UK gross domestic product, with the sector employing around four-fi

MARKET COMMENT: UK Stocks End Higher Ahead Of ECB Decision

Thursday broker round-up UPDATE

Beowulf Mining: Cantor Fitzgerald places its target price under review, while keeping a buy recommendation. Cairn Energy: Investec ups target price from 220p to 245p and reiterates a buy recommendation. Carillion: Oriel reinstates with a target price of 402p and a buy recommendation. Gem Diamonds

UK BROKER RATINGS: S&P Capital IQ Cuts Legal & General To Sell

London close: Investors ponder merits of TSB float

- FTSE 100 catches up after long weekend - Euroscepticism tempered by election results in Italy, Greece - IHG gains on bid interest - Lloyds to float TSB division - Pfizer walks away from AstraZeneca proposal techMARK 2,786.31 +1.03% FTSE 100 6,844.94 +0.43% FTSE 250 15,843.93 +0.88% Equities ende

FTSE 250 movers: AVEVA and Greencore rise on broker comments

Software maker AVEVA revealed an 11 per cent increase in full-year profit underpinned by strong demand at its Engineering and Design Systems unit and improved margins. Following the results analysts at Numis Securities reiterated their 'buy' recommendation on the shares, saying they are significantl

MARKET COMMENT: UK Stocks Close Higher On "A Bit Of M&A Spice"

LONDON (Alliance News) - UK stocks closed firmly higher Tuesday, with the FTSE 100 recording its biggest daily rise in over two weeks, as investors returned from a three-day weekend in buying mood following a strong performance by European equities on Monday.

"The weekend vote in th

Genus backs out of pig partnership in China

Genus has pulled out of a joint venture (JV) with Chinese pork processor Yunnan Shennong Agricultural Group (Shennong) due to tough market conditions. The partnership, first announced in February 2013, would have seen the FTSE 250-listed animal genetics company and its Chinese partner build and ope

UK WINNERS & LOSERS: AVEVA Leads FTSE 350 Gainers, Ophir The Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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InterContinental Hotels Group, up 5.8%. The hotel chain has rejected a GBP6 b

UK MORNING BRIEFING: Shares Higher With AVEVA Leading FTSE 250

LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.

The mid-cap FTSE 250 is outperforming once again, led by AVEVA Group, which raised its total dividend and expressed confiden

Genus Withdraws Shennong Joint Venture Plans

LONDON (Alliance News) - Genus PLC said Tuesday it has agreed with Yunnan Shennong Agricultural Group Co Ltd to cancel the companies joint venture plans at the present time. The animal genetics company said that the establishment of a joint venture will not proceed, following its February d

Genus Reports "Double Digit" Revenue Growth, Pretax Profit Decline; Signs Beef Deal

LONDON (Alliance News) - Genus PLC said Thursday revenue has risen in "double digits" since the beginning of the year as overall demand for its products and services grew at higher rates than in its first-half while pretax profit took a hit from lower results in China. In an interim managem

Genus warns on lower profits as pigs weigh on China

Challenging conditions in the pig market continued to weigh on livestock breeding group Genus, with profits 'slightly lower' in the first ten months of the year in constant currency and further hit by currency affects. The FTSE 250 company said it expected the year to end-June to be "broadly" in-li