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18 Sep 2013 08:28

Wednesday broker round-up UPDATE

African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec

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17 Sep 2013 17:01

London close: Investors take profits ahead of Fed decision

Stocks extended losses by the end of trade on Tuesday as investors trimmed positions ahead of the much-anticipated Federal Reserve policy meeting tomorrow. Weighing on markets were heavy falls in the banking sector, with Lloyds sinking after the government placed a 6% stake at a 3.1% discount to ye

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17 Sep 2013 15:48

FTSE 250 movers: Broker comment boosts Salamander

Salamander Energy was on the up today after RBC Capital reiterated its outperform rating on the stock. Travel stocks were performing well after upbeat comments on the UK bus and rail markets from JPMorgan Cazenove. The US bank raised its ratings for both Go-Ahead and Stagecoach from 'neutral' to 'o

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17 Sep 2013 11:23

London midday: Markets retreat from six-week high as banks fall

The upcoming all-important policy decision by the Federal Reserve prompted an element of caution on stock markets across Europe on Tuesday, with the FTSE 100 pulling back from a six-week high. Banking stocks were among the notable fallers in London with Lloyds sinking after the government placed a

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17 Sep 2013 11:21

Broker tips: Lloyds, Glencore Xstrata, Bunzl...

The sale of a six per cent stake in Lloyds by the government was a 'very well-timed' disposal, according to Investec. Investec analyst Ian Gordon said: "We regard the government's timing as impeccable, and it appears credible to suggest that it could yet be out in full by the election." Nevertheles

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17 Sep 2013 10:00

Broker snap: JPMorgan ups Go-Ahead and Stagecoach to 'overweight'

Travel stocks were performing well on Tuesday after upbeat comments on the UK bus and rail markets from JPMorgan Cazenove. The US bank raised its ratings for both Go-Ahead (GOG) and Stagecoach (SGC) from 'neutral' to 'overweight'. Analysts Wenchang Ma and Christopher Combe said: "We upgrade GOG an

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17 Sep 2013 08:56

Tuesday broker round-up UPDATE

Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform. Antofagasta: WH Ireland downgrades to neutral. Associated British Food: Nomura moves target price from 1650p to 1670p staying with its reduce rating. Aviva: Berenberg downgrades from hold

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13 Sep 2013 09:55

DIRECTOR DEALINGS: Go-Ahead Directors, Manager Receive Shares Under Incentive Plan

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9 Sep 2013 10:42

Monday broker round-up UPDATE

Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an

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6 Sep 2013 08:01

Friday broker round-up UPDATE

Antofagasta: Canaccord Genuity lowers target price from 1035p to 1020p, while leaving its buy recommendation unchanged. Ashmore Group: Canaccord Genuity downgrades from buy to hold with a target price of 380p. Associated British Foods: Societe Generale upgrades to hold with a target price of 1900p

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5 Sep 2013 08:59

UPDATE 1-Go-Ahead buoyed by growing bus profits

LONDON, Sept 5 (Reuters) - British transport group Go-Ahead reported forecast-beating profits on Thursday as new payment systems helped to boost income at its bus business, making up for a slump at its rail division where franchise payments increased. The bus and rail operator said full-ye

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5 Sep 2013 08:03

Thursday broker round-up UPDATE

AMEC: Nomura reduces target price from 1300p to 1230p, while reiterating its buy recommendation. Antofagasta: Exane cuts target price from 1200p to 1100p maintaining an outperform rating. Ashtead Group: JP Morgan shifts target price from 729p to 734p and keeps a neutral rating. Associated British

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5 Sep 2013 07:52

Go-Ahead Profits Down, But Buses Running Ahead Of Schedule

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5 Sep 2013 07:50

Go-ahead profit falls as rail costs increase

Go-ahead Group's annual profit fell as booming bus business was offset by higher costs and lower subsidies at its rail business. Pre-tax profit for the year ended June 29th fell 8.5% to £86.2m - slightly ahead of management expectations. Go-ahead said the current financial year had started well and

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5 Sep 2013 06:55

Go-Ahead Group Fiscal Year Pretax Profit Decreases

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