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Wednesday newspaper share tips: Take a long drag of Imperial Tobacco

Wed, 04th Nov 2015 12:12

(ShareCast News) - It isn't time to kick the habit yet when it comes to Imperial Tobacco Group, The Times' Tempus said on Wednesday.On Tuesday, the company posted a rise in pre-tax profit and underlying tobacco net revenue for the year ended 30 September and said it was well placed to meet expectations for the coming year, despite a drop in overall revenues.However Tempus noted there are two warning signs ahead - the expiry of a standstill agreement between the company's newly purchased US brands and their former owners, as well as the possible introduction of plain packaging in the UK.However it noted the company can now put a bit more effort behind neglected brands including Winston and Kool, and the plain packaging law could benefit the company as smokers may go for the Imperial's cheapest cigarettes when they all look the same.But Tempus said that it's certain that dividends will continue to grow around 10%, supported by cost savings. For that reason, it's a good long term buy.Over in The Telegraph, Questor is focusing on Weir Group, which manufactures industrial valves for the oil and gas sector and pumps for the mining industry.The company said on Tuesday it expects full-year earnings to be broadly in line with current market consensus, and also announced further job losses as part of its cost-cutting plans.Despite that, the shares rose on the news, which Questor claimed was more due to investor relief that there was no profit warning more than anything else. With orders for equipment in the oil and gas division down but the company's minerals division more resilient, Weir responded by cutting costs.While Weir has been under the pump to combat the slowdown in the commodity market, Questor said the share could be approaching the bottom now and it's worth holding on to.
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5 Feb 2016 15:07

Friday broker round-up

(ShareCast News) - Enterprise Inns: Barclays downgrades to underweight with a target of 80p. Thomas Cook: HSBC reiterates hold with a target price of 100p and JP Morgan keeps at overweight with a 170p target. Victrex: Deutsche Bank keeps at hold, 2000p target, UBS maintains neutral with a target

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5 Feb 2016 14:28

Imperial Tobacco changes its name to Imperial Brands

(ShareCast News) - Imperial Tobacco has changed its name to Imperial Brands with immediate effect, following approval from shareholders at the annual general meeting earlier this week. The group's ticker on the London Stock Exchange will change to IMB with effect from Monday and its new web address,

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4 Feb 2016 16:30

Earnings, Trading Statements Calendar - Week Ahead

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4 Feb 2016 10:28

WINNERS & LOSERS SUMMARY: Shell Gains As Earnings Meet Expectations

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3 Feb 2016 09:38

BROKER RATINGS SUMMARY: SocGen Cuts Sainsbury To Hold After Argos Deal

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2 Feb 2016 09:36

BROKER RATINGS SUMMARY: Citigroup And Liberum Upgrade Shell To Buy

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2 Feb 2016 08:23

LONDON BRIEFING: BP Disappoints As Weak Oil Prices Take Their Toll

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29 Jan 2016 16:11

London close: Equities close higher as oil prices rise, BoJ loosens policy

(ShareCast News) - The UK equity market closed higher on Friday as oil prices rose and the Bank of Japan's latest policy decision was well received. Oil prices gained on hopes of a deal by major exporters to cut production to address the global supply glut. At 1640 GMT, Brent crude rose 1.4% to $34.

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29 Jan 2016 14:50

FTSE 100 movers: South Africa rate rise sends Old Mutual surging

(ShareCast News) - The FTSE 100 was back over the 6,000 mark on Friday, rising 105.69 points (1.78%) to 6,037.47 by mid-afternoon. Old Mutual topped the list after South Africa's central bank raised interest rates for the second time in two months yesterday. The bank also cut its growth forecast as

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28 Jan 2016 18:01

After unusual weather, Cuba struggles to save prized tobacco crop

By Marc Frank SAN JUAN Y MARTINEZ, Cuba, Jan 28 (Reuters) - Highly unusual weather has damaged Cuba's tobacco crop, raising concerns among farmers and cigar-lovers that the island's supply of its famous cigars might suffer at a time of increased demand resulting from detente with the United

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28 Jan 2016 16:04

Dividends Calendar - Week Ahead

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28 Jan 2016 09:37

BROKER RATINGS SUMMARY: UBS Says Buy BAT And Imperial Tobacco

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27 Jan 2016 16:01

AGM, EGM Calendar - Week Ahead

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21 Jan 2016 16:25

Credit Suisse adds Travis Perkins, Whitbread, Imperial Tobacco and Halma to top picks

(ShareCast News) - Analysts at Credit Suisse reshuffled their deck of top outperformers and underperformers on Thursday. In its report, the broker summarised analysts' most and least favoured stocks in each sector, which were usually limited to 20% of each one's coverage universe. The Swiss broker

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18 Jan 2016 10:17

WINNERS & LOSERS SUMMARY: Empyrean Energy Jumps On Sugarloaf Deal

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