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Tuesday broker round-up UPDATE

Tue, 21st May 2013 07:12

Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged.Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation.Big Yellow Group: Investec increases target price from 370p to 430p and reiterates a hold recommendation.BTG: JP Morgan shifts target price from 480p to 475p, while staying with its overweight rating.Burberry: Investec places its target price (prev.: 1330p) under review, while maintaining a hold recommendation.bwin.party: Canaccord Genuity moves target price from 122p to 155p and reiterates a hold recommendation. Investec raises target price from 140p to 180p upgrading from hold to buy.Capita: Goldman Sachs ups target price from 1140p to 1175p and retains a buy recommendation.Carnival: Investec reduces target price from 2800p to 2550p, while its buy recommendation is reiterated.Chesnara: Canaccord Genuity increases target price from 260p to 290p and maintains a buy recommendation.Cranswick: N+1 Singer raises target price from 1061p to 1200p keeping a buy recommendation.easyJet: UBS takes target price from 1175p to 1380p, retaining a buy recommendation.Entertainment One: Investec places its target price (oprev.: 225p) under review, while its buy recommendation is kept.Experian: Credit Suisse increases target price from 1230p to 1390p and maintains an outperform rating.First Group: Panmure Gordon cuts target price from 200p to 170p maintaining a hold recommendation.First Quantum Minerals: Morgan Stanley ups target price from 1270p to 1300p and reiterates an overweight rating.Fusionex International: Panmure Gordon shifts target price from 336p to 344p and stays with its buy recommendation.Great Portland: UBS takes target price from 495p to 620p, while its neutral rating is maintained.Greencore Group: Numis downgrades to hold with its target price at 120p.G4S: HSBC Holdings cuts target price from 280p to 210p leaving its underweight rating unaltered. Credit Suisse reduces target price from 350p to 290p and maintains an outperform rating.Homeserve: Panmure Gordon takes target price from 145p to 225p and upgrades from sell to hold.Huntsworth: Panmure Gordon mmoves target price from 70p to 82p retaining its buy rating.Imperial Tabacco: Berenberg cuts target price from 2800p to 2500p, while its hold recommendation is kept.Informa: Deutsche Bank lowers target price from 620p to 610p and downgrades from buy to hold.ITE Group: Westhouse Securities moves target price from 274p to 285p keeping a buy recommendation. Investec ups target price from 315p to 325p and retains a buy rating.Marks & Spencer: Investec places its target price (prev.: 275p) under review, while keeping a sell recommendation.Mondi: Goldman Sachs shifts target price from 905p to 915p, while its neutral rating remains unchanged.National Grid: Exane downgrades to neutral with a target price of 780p.Ophir Energy: Exane upgrades to outperform with a target price of 570p.Paragon: Canaccord Genuity raises target price from 350p to 390p and stays with a buy recommendation.Petropavlovsk: Westhouse Securities lowers target price from 285p to 275p keeping a buy recommendation.Publishing Technology: WH Ireland initiates with a target price of 320p and a buy recommendation.Reed Elsevier: Deutsche Bank moves target price from 790p to 820p retaining its buy recommendation.Renew Holdings: Numis downgrades to add with a target price of 118p. Panmure Gordon increases target price from 100p to 115p keeping a buy recommendation.Sage Group: Sanlam Securities downgrades to sell with a target price of 330p.Segro: UBS ups target price from 275p to 325p leaving its buy recommendation unchanged.Smith & Nephew: Numis takes target price from 800p to 870p, while its add rating is left unchanged.Thomas Cook: Investec ups target price from 120p to 185p and maintains its buy recommendation.UNITE Group: JP Morgan increases target price from 330p to 425p and stays with its overweight rating.Utilitywise: Westhouse Securities initiates with a target price of 141p and a buy recommendation.Vertu Motors: Panmure Gordon ups target price from 55p to 63p and reiterates uts buy recommendation.Vesuvius: Morgan Stanley reduces target price from 380p to 369p, while leaving its equal-weight rating unchanged.3i Group: Investec increases target price from 278p to 347p and keeps a hold recommendation.
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LONDON, June 30 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-m

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11 Jun 2014 12:35

UK MIDDAY BRIEFING: J Sainsbury Sales Down Again, But Stock Gains

LONDON (Alliance News) - J Sainsbury Wednesday reported another drop in like-for-like sales, its second consecutive quarterly decline after nine years of unbroken sales growth.

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11 Jun 2014 10:44

UK WINNERS & LOSERS: Supermarkets Up, Airlines Down

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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J Sainsbury, up 2.5%, Tesco, up 0.6%, and WM Morri

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UPDATE: TOP NEWS: UK Joblessness Falls To 6.6% But Earnings Stall

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J Sainsbury PLC reported another drop in like-for-like sales, its second consecutive quarterly decline, after nine years of u

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11 Jun 2014 10:17

TOP NEWS: UK Joblessness Falls To 6.6% But Average Earnings Stall

LONDON (Alliance News) - The following is a summary of top news stories Wednesday.
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J Sainsbury PLC reported another drop in like-for-like sales, its second consecutive quarterly decline, after nine years of u

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11 Jun 2014 08:00

ITE Group buys stake in Indonesian events firm

Emerging-markets exhibition organiser ITE Group is to buy a 50% stake in Indonesian peer Debindo Unggul Buana Makmur (DUBM). The investment will see ITE get its hands on the Indonesian building and construction exhibitions business, Indobuildtech, whose Jakarta event was attended by over 33,000 pro

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11 Jun 2014 07:31

UK MORNING BRIEFING: Sainsbury's Leads FTSE 100 Gainers

LONDON (Alliance News) - Sainsbury's leads FTSE 100 gainers at the open Wednesday despite reporting its second consecutive decline in quarterly sales.

However, the overall market has opened lower, depressed by a group of ex-dividend stocks such as VodafoneRead more

11 Jun 2014 06:41

ITE Group To Buy 50% Stake In Indonesian Exhibitions Company

LONDON (Alliance News) - Exhibitions company ITE Group PLC Wednesday said it has agreed a binding contract to buy a 50% stake in Indonesian exhibitions company PT Debindo Unggul Buana Makmur from that company's founders. It didn't give any financial details for the buy, but said it expects

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11 Jun 2014 06:32

ITE Group to buy 50 pct stake in Indonesian exhibitions firm

June 11 (Reuters) - Exhibitions organiser ITE Group Plc said it signed a binding contract to acquire a 50 percent stake in Indonesia's PT Debindo Unggul Buana Makmur (DUBM) from a group of three private individuals for an undisclosed amount. The deal, which is subject to the approval from

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4 Jun 2014 14:47

DIRECTOR DEALINGS: ITE Group CEO's Wife Transfers Shares To SIPP

LONDON (Alliance News) - ITE Group PLC Wednesday said Chief Executive Officer Russell Taylor's wife Karen Taylor transferred 35,000 shares into her self-invested pension plan. The shares were acquired into the SIPP at GBP2.327 pence a share, having been sold for GBP2.326 a share. The

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