Ricardo Share News (RCDO)

DIRECTOR DEALINGS - Ricardo Executive Exercises Options, Sells Shares

Tuesday share tips: BG Group, Ricardo

Integrated natural gas company BG Group's decision to cut its guidance was due to geopolitical factors - in Egypt - and technical factors - in Norway. Nevertheless, the third reason behind that lower forecast - its decision to reduce the number of rigs operating in North America, is sensible. All in

Monday broker round-up UPDATE

Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an

STOCKS NEWS EUROPE-UK small caps add 0.2 percent early on

UK small caps and junior-listed AIM shares climb 0.2 percent and 0.3 percent respectively, outperforming a 0.1 percent rise on the mid-caps and 0.2 percent fall on the blue chips. Consultancy group Ricardo rises 5.3 percent after reporting a 31 percent rise in full-year underlying profit b

Record full-year results at Ricardo

Engineering consultancy Ricardo reported a record operating profit for the year as it starts the new financial year with a solid order book. Underlying pre-tax profit jumped 31% to £23.0m for the year ended June 30th 2013. Revenue climbed to £229.7m from £197.4m during the year. Underlying basic ea

Ricardo Plc Fiscal Year Profit Rises

STOCKS NEWS EUROPE-UK small caps steady in morning trade

UK small caps hold steady in morning trade, while junior-listed AIM shares fall 0.2 percent. Engineering, automotive and environmental consultancy Ricardo rises 5.4 percent after saying customer activity in the past two months has been positive, and profit for the year to end-June should be

Ricardo says profit to beat forecasts

Engineering consultancy Ricardo said overall customer activity in the final two months of the year has been positive with a good pipeline of work across most of the group. As a result, it expects revenue levels for the full financial year to be above the prior year, both including and excluding Ric

STOCKS NEWS EUROPE-UK small caps flat, underperform blue-chips

The FTSE Small Caps Index rises 0.1 percent in mid-session trading, in line with a similar rise on the blue-chip FTSE 100 index but underperforming a 0.5 percent gain on the FTSE 250 mid-cap index. Media group Trinity Mirror surges 11.1 percent after a trading update in which the company sa

Friday broker round-up UPDATE

Aberdeen Asset Management: Jefferies moves target price from 400p to 420p keeping a hold recommendation. Aggreko: Investec reduces target price from 2065p to 1900p downgrading from buy to add. APR Energy: Investec takes target price from 650p to 900p retaining a hold recommendation. ARM Holdings:

Non-exec at Lancashire Holdings sells quarter of stake

Non-executive Director Neil McConachie sold 25,000 shares in Lancashire Holdings this week, it was announced Wednesday. Neil McConachie disposed of the shares at 913.00p each for a total of £228,250. The transaction comes two weeks after the insurance group announced that it will return $170m to

John Menzies pinches Ricardo Finance Director

John Menzies has named Paula Bell as its new Group Finance Director, who joins the aviation and distribution group from the same role at engineering consultancy Ricardo. She will join after agreeing a mutually acceptable departure date with her current employer, the company said. John Menzies Ch

Ricardo trading in line

Engineering consultancy Ricardo said trading has continued to plan, with progress across most of the firm. The group, which provides technical and strategic consulting, manufacturing, assembly and software sales, said it remains confident of further progress both in the half and full year. UK oper

SDL head shows faith after profit warning

The Chairman and Chief Executive of troubled business, translation and communications software company SDL has added 170,532 shares to his stake in the company one day after it issued a profit warning. Mark Lancaster, who also founded the group in 1992, was clearly keen to show his faith in the gr

Thursday tips round-up: SSE, Ricardo, Lamprell

SSE, formerly Scottish and Southern Energy, has seen profits down as a result of a warmer winter, and higher wholesale gas prices. It's also suffered from having to stop controversial door-to-door sales, a process which cost 60m pounds. Despite a prospective yield of 6.4 per cent, Tempus in the Tim