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BUZZ-WPP: Conrad Caine acquisition boosts shares

Fri, 22nd Jan 2016 09:05

** Advertising group WPP +3 pct after its digitalagency POSSIBLE Worldwide buys Germany's Conrad Caine

** Separately, Citi upgrades WPP to "buy" v "neutral", doesthe same to ITV, in a note on European media (in whichit also downgrades Auto Trader, JCDecaux,UBM and Blinkx to "neutral" v "buy")

** Raises PT for WPP - its top pick alongside Sky and TF1 - to 1700p from 1560p as it remains upbeat onnear-term growth (Broker rated at four stars for recommendationaccuracy on WPP, according to StarMine)

** Citi flags WPP's strong positions in key growthmarkets; On the earnings side, the brokerage thinks 2016consensus EPS numbers are too low (RM: aastha.agnihotri.thomsonreuters.com@reuters.net)

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5 Dec 2013 08:15

Thursday broker round-up UPDATE

AMEC: Canaccord Genuity raises target price from 1125p to 1300p upgrading from hold to buy. AZ Electronic Materials: Canaccord Genuity increases target price from 354p to 404p, while downgrading from buy to hold. BAE Systems: Deutsche Bank takes target price from 415p to 425p keeping a hold recomm

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4 Dec 2013 09:04

Blinkx confirms above-target fundraising to buy Rhythm

Online video search specialist blinkx has raised 39m pounds, more than it was expecting, as it acquires mobile video platform Rhythm NewMedia. AIM-listed blinkx agreed to acquire Rhythm for £39.7m, of which £18m is cash and the rest in new shares. According to blinkx, Rhythm operates "a mobile equ

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14 Nov 2013 10:14

UK BROKER RATING CHANGES: Seven Houses Raise Sainsbury Price Target

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14 Nov 2013 09:21

Thursday broker round-up UPDATE

Afren: Goldman Sachs moves target price from 260p to 270p and retains its strong buy recommendation. APR Energy: Citi raises target price from 1250p to 1350p reiterating a buy recommendation. Atkins: Investec places both its target price (prev.: 1025p) and its reduce rating under review. Babcock

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7 Nov 2013 15:25

Blinkx still a 'buy' despite threefold gain

Shares in Blinkx have almost tripled in the year-to-date, but the question is, has this horse bolted or can investors still make significant gains here? Once known as a video search provider, the company has evolved fast in the few years since its 2007 AIM flotation. Strategy has evolved from pure

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6 Nov 2013 10:18

BROKER RATING CHANGES: Canaccord Raises Moneysupermarket To Buy

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6 Nov 2013 08:48

Wednesday broker round-up

Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm

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5 Nov 2013 12:26

UK WINNERS & LOSERS: RSA, CSR Lead FTSE 350 Fallers; M&S Gains On Online Sales

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5 Nov 2013 11:43

Blinkx quadruples first-half profits

First-half pre-tax profits were in fast-forward at online video specialist Blinkx, despite strong comparatives. The AIM-listed company lifted revenues 36% to £111.6m, with headline pre-tax profits increased fourfold to £10.8m but if exceptional costs are ignored they rose 93% to £15.2m. Chief Exe

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5 Nov 2013 09:18

Blinkx Reports Threefold Increase In Pretax Profit And Rising Revenues

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5 Nov 2013 08:29

Update 1-Video search engine Blinkx first-half profits jump

LONDON, Nov 5 (Reuters) - British video search engine group, Blinkx Plc reported a big jump in half-year earnings on Wednesday, a further boost to a company whose shares are already up by more than 160 percent this year. Blinkx, which attracts 168 million unique users each month in the Unit

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29 Oct 2013 11:09

blinkx PLC Partners With EpicTV.com For Targeted Advertising

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17 Sep 2013 16:24

888 CFO sells 1.1m pounds-worth of shares

Aviad Kobrine, the Chief Financial Officer (CFO) of online gaming entertainment and solutions provider 888, on Monday sold 1.1m pounds-worth of shares in the group, reducing his stake to 3.76m shares. Kobrine, who has held the role of CFO since mid-2005, sold 685,390 shares at 159.51p each. In

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16 Sep 2013 09:28

DIRECTOR DEALINGS: Blinkx President Sells 163K Option Shares

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12 Sep 2013 09:01

Thursday broker round-up UPDATE

African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G

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