** Aveva bruised by Goldman Sachs downgrade to"sell", broker slashes its target price to 1,420p vs 1,950p.
** Stock down 3.4 pct & top faller on 0.2 pct firmer FTSE250 index.
** Goldman expects co's primary end market of oil & gas -about 50 pct of group sales - to experience prolonged multi-yearslowdown resulting in significant capex reductions.
** Aveva slide weighs on sector. Telecity, whichissued a trading update on Monday, slips 1.3 pct as investorslock in profits after strong run up which had left margin fordisappointment high.
** Citi highlights revenue growth at lower end of guidance,no improvement on margins over previous year, and lack ofreduction on original capex guidance.
** Analyst recommendations for Telecity still skewed to theupside as of last Friday; of 16 analysts that cover the stock,11 have "buy"/"strong buy" ratings, StarMine shows. (RM: tricia.wright1.thomsonreuters.com@reuters.net)


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday.


June 11 (Reuters) - London's FTSE 100 index climbed on Thursday, supported by a recovery in financials stocks, though concerns lingered over the Ir...


(Alliance News) - The FTSE 100 closed higher on Thursday, despite ongoing tensions in the Middle East and an interest rate hike in Europe.


Schneider Electric SE - Rueil-Malmaison, France-based energy management company - Completes takeover of Aveva Group PLC, a Cambridge, England-based in...


Aveva Group PLC - Cambridge, England-based industrial software firm - Says final day of dealings of shares to be on Tuesday as takeover by Schneider E...


(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:


(Alliance News) - Stocks in London are set to open higher on Wednesday, continuing a decent start to the new year and for now overlooking recessionary...


(Alliance News) - Stock prices in London closed lower on Wednesday as investors await the US Federal Reserve's latest interest rate decision before th...


(Corrects that Schneider Electric increased its cash offer in November, not early December.)


(Alliance News) - Aveva Group PLC on Wednesday said its planned takeover by Ascot Acquisition Holdings Ltd, an indirect subsidiary of French energy ma...


(Alliance News) - Aveva Group PLC on Tuesday said that the Secretary of State for Business, Energy & Industrial Strategy has decided no further action...