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AstraZeneca CEO builds up stake

Wed, 21st Nov 2012 16:34

The Chief Executive Officer of drugs giant AstraZeneca has purchased 3,500 shares in the company, taking his stake in the group to 141,716 shares. Pascal Soriot, who took up his current role just last month, bought the shares at 2,825p each for a total of £98,875. 53-year-old Soriot joined AstraZeneca from Roche AG, where he held the position of Chief Operating Officer of the company's pharmaceuticals division since 2010.At the end of October the company admitted it continues to feel the effects of the expiry of patents on key brands, with revenues declining in the third quarter, although it has maintained its core earnings per share target for the full year. Revenues for the quarter at $6,682m were down 15% at constant exchange rates, with loss of exclusivity on several brands and the disposals of Astra Tech and Aptium cited as the key reasons for the revenue decline. For the nine months to September 30th, actual revenues fell 17% to $20,691m compared to 2011 with pre-tax profit dropping 23% to $7,578m. Having soared to 3,100p at the beginning of August, the shares are now almost flat on a year ago, up just 1.2% over that time. In the past month the shares have fallen 98p, equal to 3.3%. Top Director BuysAstraZeneca (AZN) Director name: Mr Pascal SoriotAmount purchased: 3,500 @ 2,825.00p Value: £98,875PureCircle Ltd. (DI) (PURE) Director name: Mr Paul E Selway-SwiftAmount purchased: 10,000 @ 240.00p Value: £24,000Stadium Group (SDM) Director name: Mr Stephen PhipsonAmount purchased: 35,000 @ 40.63p Value: £14,220NR
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21 Mar 2014 09:36

Friday broker round-up UPDATE

Anglo American: Nomura reduces target price from 1550p to 1475p and retains a neutral rating. Antofagasta: Nomura cuts target price from 800p to 720p and stays with its reduce rating. Canaccord Genuity reduces target price from 1030p to 880p, while its buy recommendation is kept. ASOS: UBS reduces

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20 Mar 2014 09:12

Thursday tips round-up: Smiths Group, Pure Circle

Following yesterday's dip in shares of Smiths Group, after the release of its latest set of halfway figures, the stock is back at where it was when talk surfaced last summer of an approach for its medical division. Ironically, it was precisely that division's performance which was one of the weakest

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19 Mar 2014 12:07

PureCircle Narrows Losses; Driven By Strong Volume, Sales Growth

LONDON (Alliance News) - Food and drinks flavouring company PureCircle Ltd Wednesday said it narrowed its losses in the first half of the year, driven by strong volume growth in the period, and a 32% increase in sales for its all-natural, no-calorie sweetener and natural flavour systems. In

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19 Mar 2014 07:33

PureCircle swings to H1 operating profit as sales surge

PureCircle, the stevia sweetener producer and marketer, swung to an operating profit in its first half, helped by a strong growth in sales across all regions. Operating profit totalled $2.9m in the six months to December 31st, compared with a loss of $2.9m the year before, on sales that surged by 3

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6 Jan 2014 12:34

PureCircle expects first half sales growth on back of innovations

PureCircle, the world's largest producer of stevia ingredients, said it expects first half sales to be 31 per cent ahead of last year's performance at 34.7m dollars. In a trading update the group reported sales growth across all high purity ingredients, driven by innovations in the Stevia 3.0 TM po

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6 Jan 2014 11:43

UK WINNERS & LOSERS: RSA Jumps Ahead Of Irish Business Review Findings

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6 Jan 2014 10:06

UK BROKER RATING CHANGES: Six Brokers Raise Next Price Target

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6 Jan 2014 09:30

STOCKS NEWS EUROPE-UK small caps up 0.2 pct in morning trade

The FTSE small cap index rise 0.2 percent in morning trade, while junior-listed AIM shares gain 0.1 percent, both outperforming a 0.2 percent drop on the blue chips. Crawshaw Group rallies 15.6 percent to 19.75 pence after the butchers group says like-for-like sales in the seven weeks to De

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6 Jan 2014 08:42

PureCircle To Swing To Interim Operating Profit On Sales Rise

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30 Dec 2013 12:46

UK WINNERS & LOSERS: LED International Soars; Max Petroleum Slips

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30 Dec 2013 09:39

PureCircle Receives No Objections From US FDA For Reb M Stevia Sweetener

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8 Oct 2013 10:11

DIRECTOR DEALINGS: PureCircle Chief Executive, CFO Awarded Options

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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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16 Sep 2013 12:13

Monday broker round-up

AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy

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16 Sep 2013 10:10

PureCircle Pretax Losses Narrow As New Soft Drinks Take Off

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