POWR.L Share News (POWR)

UK BROKER RATINGS: Merill Lynch Downgrades Easyjet To Underperform

Powerflute Oyj Makes Positive Start To Year; Confident In Outlook

LONDON (Alliance News) - Packaging and paper group Powerflute Oyj said Tuesday it has made a positive start to 2014, and it is confident in its outlook for the year, as it continues to develop its existing businesses and consider further strategic investments. In an annual general meeting s

UK BROKER RATINGS: HSBC Cuts Antofagasta To Neutral And Target 13%

LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:
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FTSE 100
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BERENBERG INITIATES CARNIVAL PLC WITH 'BUY' - TARGET 3,000 PENCE
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UBS RAISES ASTRAZENECA PRICE TARGET TO 4

UK WINNERS & LOSERS: Babcock, Tullow Oil Lead Blue-Chip Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

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FTSE 100 - WINNERS

Old Mutual, up 0.5%. The group has agreed to sell Skandia Germany and S

UK BROKER RATINGS: Liberum Cuts SSE To Hold From Buy

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:
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FTSE 100
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UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL'
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HSBC RAISES KINGFISHER PRICE TARGET TO

Thursday broker round-up UPDATE

Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom

Deputy Chairman at Weir Group buys first stake

Weir Group's new Deputy Chairman, Charles Berry, has begun building his stake in the company just two weeks into his new role. Berry, who joined the company at the beginning of the month, purchased 2,000 shares at 2,384.93p each for a total of £47,699. On the same day Berry took up the role, the

Small caps round-up: HMV, Corero, ANGLE ...

HMV Group, the struggling entertainment media seller, has confirmed that it is still pondering what to do with its live music business. HMV added that a number of parties have indicated an interest in acquiring the business. There has been press speculation recently about who might be interested in

Powerflute suffers from weaking demand

Nordic packaging and paper group Powerflute suffered from weakening demand and price pressure in certain markets as a result of the "increasingly challenging economic environment". Despite this, the firm expects the results for the full year to be slightly ahead of current expectations after operat

Powerflute poised for much better year

Nordic packaging and paper group Powerflute is free of debt after the disposal this week of its Scheufelen graphic papers business for €38.5m. After banking the proceeds from its €18.3m rights issue back in November 2010 the company saw net debt reduce to €29.1m at the end of 2010 from €52.1m a yea

Small caps round-up: Aminex, Helesi, Powerflute...

Aminex has proposed to up its interest in the Nyuni Production sharing agreement in Tanzania from 50% to 65% through a farm-in agreement with Key Petroleum. "A further acquisition of interest in the Nyuni PSA is a logical expansion of our activities and confirms our strong commitment not only to

Sector movers: Forestry and paper extends gains

The forestry and paper sector is the best performing sector on Tuesday afternoon led by packaging group Powerflute. Shares in the semi-chemical fluting and paper company rose after Finnish renewable fuel company Vapo agreed to acquire a 30% interest in the group's wood procurement venture with pape

Powerflute Sees FY Results In Line With Market Views

LONDON (Dow Jones)--Powerflute Oyj (POW1V.HE), a packaging group with established positions in Nordic semi-chemical fluting and coated woodfree papers, said Wednesday results for the first half will be below those of the prior year but expects performance for the full year to represent an improvemen