(ShareCast News) - Glencore shares tumbled on Monday on the back of a fairly downbeat assessment from Investec, which warned the stock holds little value for shareholders. "The challenging environment for mining companies leads us to the question of how much value will be left for equity holders if
Read more(ShareCast News) - Investec downgraded Speedy Hire to 'hold' from 'buy' and put its 100p price target under review until it gets more clarity on a turnaround after the company issued its second profit warning in three months. "This is another disappointing update and underlines the scale of the task
Read more(ShareCast News) - Shares in Speedy Hire fell sharply after the company issued its second profit warning in three months. In a trading update ahead of its first-half results, the company said that due to legacy issues, core hire revenue in the UK and Ireland is expected to be around 10% below las
Read more(Adds CEO comments, further details) By Li-mei Hoang LONDON, Sept 2 (Reuters) - Rebounding U.S. construction markets helped British industrial equipment hire group Ashtead report strong quarterly results on Wednesday, outperforming its rivals and sending its shares to the top of the
Read more** Ashtead rises 5.1 pct, its best day YTD, after Q1 profits beat expectations ** Pre tax profit of £160.7 mln a 6.8 pct beat of consensus, according to Thomson Reuters data ** Co confident on outlook despite weaker commentary from peers United Rentals, HSS and Speedy Hire ** S
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