FD Technologies Share News (FDP)

First Derivatives Profits Decline As Company Invests For Future

Tuesday broker round-up UPDATE

Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target

Thursday broker round-up UPDATE

ASOS: Canaccord Genuity increases target price from 3400p to 6200p and upgrades to buy. Associated British Foods: Jefferies raises target price from 1650p to 1750p and retains a hold recommendation. Barclays: Alphavalue upgrades from add to buy with a target price of 344.20p. BHP Billiton: Nomura

First Derivatives In Product Deal With NYSE Euronext Division

Tuesday broker round-up UPDATE

Afren: Liberum Capital shifts target price from 123p to 130p maintaining a hold recommendation. Amara Mining: Numis initiates with a target price of 80p and a buy recommendation. APR Energy: Espirito Santo downgrades to sell with a target price of 680p. ASOS: Goldman Sachs increases target price

First Derivatives strikes deal with Australian Securities and Investment Commission

First Derivatives has signed a multi-year annual software licence with the Australian Securities and Investment Commission to provide a new market surveillance system, the company reported Thursday. The Irish-based provider of software and consulting services will implement its Delta Stream, a mark

Randgold Resources CEO sells three million quid's worth of shares

- Please note: This is a revised version of a story which previously contained information that was incorrect. After what has been a less-than-impressive year, the Chief Executive of FTSE 100 gold miner Randgold Resources, Mark Bristow, sold more than three million pounds worth of shares. Bristo

Diageo Chief sells 50,000 shares

Diageo's Chief Executive Officer, Paul Walsh, sliced a chunk off his stake in the drinks giant with the sale of 50,000 shares on Monday. The transaction follows the company's purchase of a stake in Indian spirits group United Spirits Limited (USL). Diageo said on Friday that it is to acquire a 27

Thursday broker round-up - UPDATE

Ashtead: UBS raises target from 375p to 400p, buy rating kept. ASOS: Panmure Gordon keeps buy rating and 2,530p target. AZ Electronic Materials: Goldman Sachs upgrades to conviction buy. Booker: Panmure Gordon keeps buy rating and 108p target. Britvic: Panmure Gordon keeps hold rating and 380p t

Tuesday broker round-up

African Barrick Gold: Deutsche Bank raises target from 510p to 540p, hold rating kept. African Minerals: Deutsche Bank cuts target from 708p to 610p, buy rating kept. Allocate Software: N+1 Brewin downgrades to hold, target cut from 94p to 80p. Babcock: Investec raises target from 970p to 100p, b

First Derivatives profits up but expects tough year ahead

Capital markets software and consultancy provider, First Derivatives, has seen a big jump in pre-tax profits but warns regulation could make life difficult in the years ahead. Total revenues for the 12 months to the end of March were £46.1m, up 25.4% on the prior year. Normalised pre-tax profits (a

UPDATE: Tuesday broker round-up

BP: UBS raises target from 450p to 480p, keeps buy rating. Whitbread: Peel Hunt keeps buy stance and 2,096p target. Whitbread: Evolution Securities confirms buy recommendation and 1,750p target. F&C Asset Management: Singer Capital Markets cuts target from 70p to 65p, fair value rating kept. Be

First Derivatives non-exec pockets £550,000

First Derivatives non-executive director Michael O' Neill has pocketed £550,000 from the sale of shares in the Northern Irish provider of software services to investment banks and hedge funds. He sold 100,000 at 550p a time, but still has 640,000 shares, or nearly 4% of the company. "The shares we

First Derivatives on a roll

First Derivatives, which supplies software and consulting services to banks and hedge funds, posted higher profits in the year to 28 February as the company continues developing new products and winning clients. Pre-tax profits were up by 15% from the previous year at £6.5m, on revenues that soared

Small caps round-up: Tinci, Nasstar, 600 Group...

Environmental engineering group Tinci Holdings jumped after it announced contracts worth 45.4m Chinese Renminbi (£4.34m) to provide paper desulfurisation technology to two subsidiaries of the Dongguan Jiulong Paper Group. These projects are expected to start shortly and last for about six months. N