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19 Jan 2014 14:00

Zimbabwe says platinum mines submit plans for refinery by end-2016

HARARE, Jan 19 (Reuters) - Major platinum miners in Zimbabwe have met a government deadline to agree and submit plans to build a major refinery in the country by the end of 2016, state media reported on Sunday. President Robert Mugabe's ZANU-PF government gave platinum mines until Jan. 18 t

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17 Jan 2014 16:54

Tesco Chairman keeps the faith after recent poor update

Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday. Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122. The purchase was made less than a week after the company p

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16 Jan 2014 08:59

Thursday broker round-up UPDATE

Aberdeen Asset Management: Canaccord Genuity cuts target price from 586p to 540p, while its buy recommendation remains unchanged. Anglo American: UBS ups target price from 1500p to 1580p upgrading from neutral to buy. Antofagasta: Investec reduces target price from 716p to 685p maintaining a sell

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15 Jan 2014 12:11

UPDATE: UK BROKER RATING CHANGES: Deutsche Bank Cuts View On Mining Sector

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD'
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MORGAN STANLEY RAISES ASTRAZENE

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15 Jan 2014 10:24

UK BROKER RATING CHANGES: Deutsche Bank Cuts View On Miners

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD'
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MORGAN STANLEY RAISES ASTRAZENE

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8 Jan 2014 13:21

REFILE-Zimbabwe sets mid-January deadline for platinum refinery proposals

HARARE, Jan 8 (Reuters) - Zimbabwe has given platinum mines a Jan. 18 deadline to submit proposals to build a precious metal refinery after President Robert Mugabe last year threatened to ban raw exports, state media reported on Wednesday. The ultimatum would affect the world's two largest

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12 Dec 2013 16:14

Reckitt Benckiser CFO grows stake

Adrian Hennah, the Chief Financial Officer of Reckitt Benckiser, added 13,629 shares to his stake in the consumer goods company. Hennah, who has been in the role since the start of the year, acquired the stock at 4,619.73p a piece for a total spend of £629,623. His interest in the company now st

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3 Dec 2013 11:21

London midday: Miners, financials drag markets lower despite strong UK data

- Risk appetite fades as markets await jobs data - Mining, financial sectors sold off - UK construction PMI defies expectations, jumps to six-year high techMARK 2,645.44 -0.31% FTSE 100 6,539.87 -0.84% FTSE 250 15,211.51 -0.80% UK markets were firmly in negative territory on Tuesday morning despit

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3 Dec 2013 11:21

Broker tips: Old Mutual, Banks, Miners

JPMorgan Cazenove has trimmed its target price for savings and investment group Old Mutual from 228p to 223p. after adjusting for currency movements. However, the bank maintained its 'overweight' rating on the stock, highlighting attractive and improving returns from its emerging market life busin

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3 Dec 2013 10:10

Broker snap: UBS slashes mining target prices after gold, silver downgrades

UBS has slashed target prices across the mining sector after downgrading its gold and silver price forecasts for 2014 and 2015. The bank said it now sees few positive catalysts for precious metal prices over the medium term, with the Federal Reserve expected to start tapering quantitative easing in

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3 Dec 2013 09:10

Tuesday broker round-up UPDATE

Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p

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30 Oct 2013 09:53

STOCKS NEWS EUROPE-UK small caps rise to new record high, Aquarius strong

The FTSE Small Cap index climbs 0.3 percent to hit a fresh all-time high, with the mid-caps also ahead by 0.3 percent, while junior-listed AIM shares are 0.2 percent firmer. Lookers climbs 3.1 percent after becoming the latest British car dealer to forecast better-than-expected 2013 profits

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24 Oct 2013 11:48

Broker tips: European banks, Kazakhmys, Aquarius Platinum

Creidit Suisse believes that the new round of stress tests by the European Central Bank (ECB) should improve confidence in European banks as it reiterated its 'overweight' position on the sector. "At this early stage we reiterate our view that if the ECB review provides transparent enough disclosur

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24 Oct 2013 11:45

Broker snap: Investec downgrades Aquarius Platinum to 'sell'

Investec has downgraded its rating for South Africa-focused miner Aquarius Platinum from 'hold' to 'sell', saying that the company's first-quarter financials on Thursday 'reflect a business which is still struggling'. The company said that underlying earnings totalled $6.3m in the three months to S

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24 Oct 2013 09:25

Thursday broker round-up UPDATE

Aquarius Platinum: Investec lowers target price from 48p to 42p and downgrades from hold to sell. ASOS: Citi increases target price from 5800p to 7000p reiterating its buy recommendation. BHP Billiton: Jefferies raises target price from 2350p to 2400p and keeps a buy recommendation. Clinigen: Inv

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