(ShareCast News) - Peel Hunt initiated coverage of chip designer ARM Holdings at 'buy' with a 1,200p price target, saying recent share price volatility was a buying opportunity. "We see a number of key growth segments going forward, as well as broader technology trends underpinning its strong positi
Read more(ShareCast News) - The FTSE 100 resumed its slide on Thursday, with the blue-chip index dropping 80.51 points (1.42%) to 5,591.79 points by mid-afternoon. Banking shares were under pressure, with Barclays and Standard Chartered among the top fallers, after Societe Generale's profit warning added to
Read more(ShareCast News) - The headwinds in the smartphone market in 2016, combined with slower royalty growth and the waning boost from the v8 product cycle, all meant that ARM Holdings current valuation multiples would come under pressure, broker Bernstein said. Royalty growth was set to slow towards appr
Read more(ShareCast News) - ARM Holdings: JP Morgan reiterates neutral with a target of 950p, Exane BNP Paribas keeps at outperform, 1300p target, Deutsche Bank stays at hold, 1000p target, Goldman Sachs maintains buy with a target of 1400p, Citigroup keeps at neutral and Bryan, Garnier & Co reiterates buy.
Read more(ShareCast News) - The Telegraph's Questor wasn't so hot on the UK banking sector as it published an in-depth look into it on Thursday The column noted that shares in the sector have fallen over 20% so far this year, due to fears about how it would cope in another downturn. It said there is an elem
Read more(ShareCast News) - The FTSE 100 was set to turn things around on Wednesday, with the blue chip market up 48.39 points (0.86%) to 5,680.58 by mid-afternoon. Housebuilders were on the rise, including Taylor Wimpey, Berkeley Group Holdings and Barratt Developments, after sector peer Bellway reported st
Read moreLONDON, Feb 10 (Reuters) - World-leading technology company ARM Holdings said a vote to leave the European Union by the British electorate, the so-called Brexit, would hinder its ability to employ the scientists and engineers it needs. ARM, which designs the chips that power nearly all of t
Read more* Q4 revenue up 14 pct, profit up 17 pct, ahead of forecasts * Says 2016 revenue will be "broadly in line" with consensus * Says not overly worried about China (Adds further reaction, updates shares) By Paul Sandle LONDON, Feb 10 (Reuters) - Britain's ARM Holdings said
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