Betfair Group ShareCast News (BET)

London midday: FTSE 100 snaps eight-day winning streak as miners fall

Strong gains in the utilities sector after a takeover approach for Severn Trent and some well-received results from Babcock International weren't enough to lift markets into positive territory by Tuesday lunchtime, as the FTSE 100 snapped an eight-day winning streak.
[14 May '13]

London open: Markets flat after strong run, but Severn Trent soars

Strong gains for Severn Trent and other utility providers helped offset weakness elsewhere on Tuesday morning as the FTSE 100 paused for breath following an eight-day winning streak.
[14 May '13]

Tuesday broker round-up UPDATE

Babcock International: Jefferies increases target price from 1080p to 1250p and maintains a buy recommendation.
[14 May '13]

London pre-open: FTSE to open high after data gives boost

City sources predict the FTSE 100 will open up 17 points from yesterday's close of 6,632, boosted by better-than-expected US retail sales and the first positive reading on the UK RICS house price balance since June three years ago.
[14 May '13]

Betfair terminates talks with CVC Capital and partners

Betfair, the FTSE 250 online betting group, has received and rejected two revised proposals from CVC Capital Partners, Richard Koch, Antony Ball and partners valuing each Betfair share at 920p and 950p in cash, respectively.
[14 May '13]

Thursday broker round-up UPDATE

Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation.
[9 May '13]

Wednesday broker round-up UPDATE

Altitude Group: WH Ireland initiates with a target price of 50p and a buy recommendation.
[8 May '13]

Betfair Group's annual revenue and earnings ahead of guidance

Betfair Group's full-year revenue will be ahead of its guidance driven by stronger than expected UK sportsbook revenues, the online gaming group said in a trading update.
[7 May '13]