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Friday broker round-up

Fri, 29th Jan 2016 16:47

(ShareCast News) - Experian: Exane BNP Paribas upgrades to outperform with a 1350p target.Mitchells & Butlers: JP Morgan downgrades to neutral with 370p target, down from 420pDcc: Exane BNP Paribas promotes to outperform with 6200p target.Lonmin: HSBC upgrades to buy, target 76p; Deutsche reiterates sell, target 41p; RBC reiterates underperform, target 50.Firstgroup: RBC downgrades to underperform with a target 85p from 110p. Shore keeps at buy, JP Morgan stays at overweight, Deutsche Bank reiterates hold and Citigroup keeps at neutral.De la Rue: Numis promotes to buy with a target of 530pDairy Crest Group: Numis upgrades to add target price 670 from 630,Bunzl: Exane BNP Paribas downgrades to neutral target 2100p.Ashtead Group: Numis upgrades to but keeps the target price at 1150p.Sky: UBS reiterates buy and target of 1350p while Numis keeps at Add with a target of 1250p.Antofagasta: RBC keeps at sector perform and shifts its target price to 390p from 400p.Anglo American: RBC and Deutsche reiterate sector perform and hold, respectively, and keep their target at 300p.Diageo: Berenberg, Nomura ad Citigroup reiterate Buy and Barclays keeps at overweight.
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24 Mar 2016 09:32

BROKER RATINGS SUMMARY: JPMorgan Starts Countryside At Overweight

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24 Mar 2016 08:23

LONDON BRIEFING: Next Leads FTSE 100 Fall As Smurfit Kappa Set To Join

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16 Mar 2016 09:37

BROKER RATINGS SUMMARY: Citi Downgrades Anglo, Antofagasta and Lonmin

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16 Mar 2016 08:25

LONDON BRIEFING: LSE And Deutsche Boerse Agree All-Share Merger

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11 Mar 2016 09:34

BROKER RATINGS SUMMARY: Goldman Promotes Shell To Conviction Buy List

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3 Mar 2016 10:44

BUZZ-Lonmin: jumps 15% on clarity over restructuring

** Platinum miner Lonmin's shares up 15 pct after saying it cut 5,108 jobs after its restructuring ** S.African union had said on Wednesday that only 75 jobs would be lost at co ** Co top FTSE small cap gainer ; more than half of its 30-day avg vols gone through by 1015 GMT ** S

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3 Mar 2016 10:34

UPDATE 1-Lonmin says over 5,000 workers leave after restructuring

* Share price shoots up 17 pct, looks overbought at such levels * Lonmin says over 5,000 now cut from headcount, most voluntary (Adds details, spokeswoman) JOHANNESBURG, March 3 (Reuters) - South African-focused platinum producer Lonmin said on Thursday it had trimmed its workforce

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3 Mar 2016 10:03

Lonmin says over 5,000 workers leave after restructuring

JOHANNESBURG, March 3 (Reuters) - South African-focused platinum producer Lonmin said on Thursday it had trimmed its workforce by over 5,000 in a restructuring triggered by depressed prices. There has been some confusion over the process after the Association of Mineworkers and Constructio

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2 Mar 2016 10:15

RPT-South Africa's AMCU union says fewer jobs to be lost at Lonmin after negotiations

(Repeats to more subscribers with no change to text) JOHANNESBURG, March 2 (Reuters) - South Africa's Association of Mineworkers and Construction Union (AMCU) said on Wednesday fewer jobs would be lost at platinum producer Lonmin following talks with the company. The union did not i

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2 Mar 2016 09:55

South Africa's AMCU union says fewer jobs to be lost at Lonmin after negotiations

JOHANNESBURG, March 2 (Reuters) - South Africa's Association of Mineworkers and Construction Union (AMCU) said on Wednesday fewer jobs would be lost at platinum producer Lonmin following talks with the company. The union did not immediately give a figure of workers fired by the firm which

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29 Feb 2016 09:34

BROKER RATINGS SUMMARY: Goldman Sachs Raises Sky And Cuts ITV

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15 Feb 2016 14:54

Job cuts to escalate in South African mines as global economy slows

* Political, union pressure on companies to halt job losses * Ruling party worried job cuts could affect local elections * Weaker rand offers some support to mining firms By Zandi Shabalala CAPE TOWN, Feb 15 (Reuters) - Job losses in South Africa's mining sector are likely

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9 Feb 2016 17:35

PRESS: Lonmin Focused On Survival But Doesn't Rule Out M&A - Reuters

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9 Feb 2016 12:43

Lonmin CEO says will not shy away from merger or takeover

By Olivia Kumwenda-Mtambo CAPE TOWN, Feb 9 (Reuters) - Lonmin will not "shy away" from a merger or takeover but for now the company was focused on its plan to survive tough market conditions, its chief executive said on Tuesday. "We are continuously looking at options to maximise valu

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9 Feb 2016 10:51

South Africa plans fuel cell plant to boost platinum demand

* Platinum price has tumbled, firms struggling * Govt supporting fuel cell plant to increase demand * Plant likely by 2018 - Isondo Precious Metals CEO By Wendell Roelf CAPE TOWN, Feb 9 (Reuters) - South Africa plans to set up a fuel cell component plant by 2018, the lates

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