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Cape ShareCast News (CIU)
ShareCast News for Cape (CIU)
| Share Price: 270.00 | Bid: 270.25 | Ask: 271.00 | Change: 0.00 (0.00%) |  | ||||||
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Thursday tips round-up: Vodafone, Legal & General, Cape
Speculation regarding a host of possible different business combinations has kept Vodafone well bid, but the underlying logic may be questionable. For starters, the company need not acquire a smaller rival to play the game of 'digital convergence.' Similarly, a sale of its stake in Verizon Wireless would entail a very large tax bill. Finally, the firm need not sell that stake to finance a deal in Europe. Thus, the 'status quo' may be best, argues the Financial Times's Lex col[7 Mar '13]
Shares rise as Cape unveils operational improvement plan
Shares in FTSE-listed industrial services provider Cape rose sharply on Wednesday after the group unveiled preliminary results for the year ended December 31st, including a plan to improve operational performance.[6 Mar '13]
Wednesday broker round-up UPDATE
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation.[6 Mar '13]
Cape wins contract extension with Saudi Basic Industries Corporation
Energy services company Cape has been awarded a three-year extension of its contract with petrochemical firm Saudi Basic Industries Corporation (SABIC).[18 Jan '13]
Broker tips: PZ Cussons, Berkeley, Cape
Investec has raised its price target for cosmetic products group PZ Cussons from 300p to 335p after the firm confirmed that it is to return to profit growth in the first half.[7 Dec '12]
Broker snap: UBS downgrades Cape to 'neutral'
UBS has downgraded its rating for engineering support services firm Cape from 'buy' to 'neutral', saying that fine-tuning the business model has highlighted more downside.[7 Dec '12]
Friday broker round-up UPDATE
Bellway: Northland Capital raises target price from 1050p to 1150p and keeps a buy rating. Panmure Gordon raises target price from 957p to 1013p, while maintaining a hold recommendation.[7 Dec '12]
Departing Xstrata CFO sells hefty chunk of shares post-exercise
A round-up of the biggest director deals today so far.[6 Dec '12]
