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Thursday broker round-up UPDATE

Thu, 30th Oct 2014 08:36

Afren: Deutsche Bank cuts target price from 130p to 110p retaining its hold recommendation.Antofagasta: JP Morgan lowers target price from 760p to 755p and reiterates a neutral rating. Investec lowers target price from 717p to 704p and keeps a hold recommendation.Balfour Beatty: Jefferies cuts target price from 164p to 115p, downgrading to underperform.Cairn Energy: Deutsche Bank cuts target price from 210p to 185p and stays with its hold recommendation.Coal of Africa: Investec lowers target price from 9p to 6p, retaining its buy recommendation.Capita Group: JP Morgan reduces target price from 1315p to 1255p, maintaining an overweight rating. HSBC reduces target price from 1340p to 1260p and reiterates an overweight rating.Coca-Cola HBC: JP Morgan reduces target price from 1640p to 1500p and retains an overweight rating.Genel Energy: Deutsche Bank reduces target price from 1120p to 1000p, maintaining a buy recommendation.Gulf Keystone Petroleum: Deutsche Bank lowers target price from 100p to 85p, while keeping its buy recommendation.Imagination Technologies: Numis cuts target price from 200p to 170p, downgrading from hold to reduce.Kazakhmys: Westhouse upgrades from sell to neutral with a target price of 220p.Mothercare: Numis upgrades from hold to add with a target price of 200p.National Express: Investec cuts target price from 276p to 250p and retains a hold recommendation.Next: Citi reduces target price 7900p to 7300p and reiterates a buy recommendation. HSBC upgrades to overweight with a target price of 7350p.Pearson: Credit Suisse raises target price from 1260p to 1370p and maintains an outperform rating.Premier Oil: Deutsche Bank reduces target price from 420p to 335p and keeps a buy recommendation.Royal Dutch Shell: Charles Stanley upgrades to buy.Stagecoach: HSBC ups target price from 420p to 440p and keeps its overweight rating.Standard Life: Deutsche Bank lowers target price from 455p to 445p and leaves its buy recommendation unchanged.Synthomer: HSBC lowers target price from 230p to 220p and stays with its neutral rating.Tullow Oil: Deutsche Bank reduces target price from 790p to 650p and reiterates a hold recommendation.William Hill: Credit Suisse ups target price from 370p to 390p and leaves its outperform rating.
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10 Dec 2021 12:17

LONDON MARKET MIDDAY: Stocks lower ahead of key US inflation report

LONDON MARKET MIDDAY: Stocks lower ahead of key US inflation report

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10 Dec 2021 10:41

Shell shareholders vote for move to Britain -preliminary results

AMSTERDAM, Dec 10 (Reuters) - In a preliminary result, Royal Dutch Shell shareholders on Friday voted in favour of a plan to move the company's headquarters and its tax home to Britain.Chairman Andrew Mackenzie announced the preliminary results, ...

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10 Dec 2021 10:17

Siccar Point CEO says Cambo oilfield project paused after Shell exit

LONDON, Dec 10 (Reuters) - Siccar Point CEO Jonathan Roger said on Friday that Royal Dutch Shell's decision last week not to progress the Cambo oilfield project in the British North Sea means the development will have to be paused.Siccar, which ow...

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10 Dec 2021 10:08

UPDATE 1-Royal Dutch Shell shareholders expected to approve move to London

* If approved, Shell's move expected in early 2022* British tax base seen making buybacks, dividends easier* Dutch withholding tax a factor in Shell's decision* Shell says move will not affect its environmental policy (Updates with colour from meeti...

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10 Dec 2021 00:25

UPDATE 2-Royal Dutch Shell shareholders back plan to shift to London

* British tax base seen making buybacks, dividends easier* Dutch withholding tax a factor in Shell's decision* Shell says move will not affect its environmental policy (Recasts with shareholder vote)By Toby Sterling and Ron BoussoROTTERDAM/LONDON, D...

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9 Dec 2021 13:37

S.Africa energy minister defends Shell's planned seismic blasting on Wild Coast

* S.Africans protest against oil search in pristine stretch* Area home to whales, penguins, dolphins, seals* Objectors want Africa to stay poor, Gwede Mantashe saysBy Tim CocksJOHANNESBURG, Dec 9 (Reuters) - South Africa's energy minister defended o...

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9 Dec 2021 10:10

UPDATE 2-European shares fall again on Omicron worries

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Deutsche Bank skids after DoJ violation report* Defensive sectors cap losses* Investors eye U.S. CPI data due Friday (Updates to close)By ...

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6 Dec 2021 16:58

LONDON MARKET CLOSE: Airlines lift off as Omicron fears ease

LONDON MARKET CLOSE: Airlines lift off as Omicron fears ease

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6 Dec 2021 12:16

LONDON MARKET MIDDAY: Stocks rise as Fauci helps soothe Omicron fear

LONDON MARKET MIDDAY: Stocks rise as Fauci helps soothe Omicron fear

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6 Dec 2021 12:13

UPDATE 4-BP says Brent benchmark reform should include U.S. oil, dump Brent

(Adds background)By Julia PayneLONDON, Dec 6 (Reuters) - BP supports the addition of U.S. oil crude grade WTI Midland to global dated Brent, suggesting the removal in the medium-term of Brent and Forties grades from the benchmark as flows have eva...

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5 Dec 2021 13:57

S.Africans protest against Shell oil exploration in pristine coastal area

By Siyabonga SishiPORT EDWARD, South Africa, Dec 5 (Reuters) - South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seimsic oil exploration they say will threaten marine wildlife such as whales, dolphi...

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3 Dec 2021 16:05

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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3 Dec 2021 14:31

Nigeria's Bonga oil export terminal in maintenance until next week - Shell

LONDON, Dec 3 (Reuters) - Nigeria's Bonga crude oil export terminal is undergoing planned maintenance until next week, operator Shell said on Friday.Bonga is typically one of the larger export streams from Africa's largest oil producer. It was sch...

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3 Dec 2021 12:06

LONDON MARKET MIDDAY: Jitters turn from Omicron to US nonfarm payrolls

LONDON MARKET MIDDAY: Jitters turn from Omicron to US nonfarm payrolls

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3 Dec 2021 10:19

Shell wins court case to start seismic surveys offshore South Africa

CAPE TOWN, Dec 3 (Reuters) - A South African high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell starting seismic surveys to explore for petroleum systems off the eastern seaboar...

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