** 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.


LONDON MARKET MIDDAY: BP and HSBC unable to sustain FTSE's early gain


(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* BP drops despite surge in quarterly pro...


UPDATE: Aveva revenue flat; CEO to exit with Schneider exec to replace


LONDON MARKET OPEN: BP's buyback boost offsets Aveva's share price dip


(Sharecast News) - Software firm Aveva said on Tuesday that it had achieved double-digit revenue growth during the second half of the year.


(Sharecast News) - Stocks were trading slightly lower in early trading despite better-than-expected results out of BP and HSBC.


TOP NEWS: Aveva revenue flat; boss Hayman leaves, Herweck replaces


* CEO steps down to return to U.S.* Replacement seconded from majority shareholder Schneider* Schneider says committed to Aveva's independence* Shares...