** 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.


(Alliance News) - Stocks in London are set to open lower on Thursday, ahead of a major interest rate decision by the Bank of England and a day after t...


(Alliance News) - Stock prices in Europe defied geopolitical worries and pre-central bank nerves to push higher on Wednesday, though the same could no...


(Alliance News) - Stock prices in London were mostly higher at midday on Wednesday, while the pound was back near a 40-year low against the dollar, as...


(Alliance News) - The following is a summary of top news stories Wednesday.


PARIS/LONDON, Sept 21 (Reuters) - French industrial group Schneider Electric said it would proceed with a full takeover of British software company ...


(Alliance News) - Stocks in London were trading broadly higher early Wednesday as investors looked ahead to a major interest rate decision later in th...


(Alliance News) - Aveva PLC on Wednesday agreed to a takeover offer from majority owner Schneider Electric SE, under which the French energy managemen...


(Alliance News) - Stocks in London are set to open unchanged on Wednesday ahead the US Federal Reserve's interest rate decision later in the day and t...