** 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.


(Sharecast News) - Aveva looks set to break into the FTSE 100 after the industrial software developer's combination with a French rival helped to boos...


LONDON (Alliance News) - London's FTSE 100 index dived more than 70 points in opening trade on Wednesday as risk-off trade took hold, with gold miner ...


LONDON (Alliance News) - AVEVA Group PLC on Wednesday said profit rose in its first full financial year after its combination with France's Schneider ...


LONDON (Alliance News) - Stocks in London are set for another losing session on Wednesday amid a lack of risk appetite due to global growth and trade ...


(Sharecast News) - Industrial and engineering software provider Aveva said full year pre-tax profits rose 21.7% to £46.7m driven by increasing demand ...


(Sharecast News) - The coming session will be exceedingly light in terms of fresh guideposts for financial markets, both on the economic and corporate...


Thursday 23 May United UtilitesFull Year ResultsMothercareFull Year REITFull 24


(Sharecast News) - Industrial software maker Aveva reported low double-digit revenue growth for the full year as the final quarter continued the posit...