Shares in UK construction firm Balfour Beatty rose as it pledged to implement cost saving measures after reporting deep losses last year which forced it to suspend its dividend. Housebuilder Bellway surged as profits jumped to a record high in the first six months of its financial year, prompting th
Read moreShares in International Personal Finance shot up after Berenberg Bank upgraded its rating on the stock to 'buy' from 'hold'. "While FX and regulatory fears are weighing on the shares, IPF is exposed to significant long-term growth opportunities," said Berenberg. Hospital group Spire Healthcare saw i
Read moreSupergroup made strong gains after Investec said a focus on retail execution and UK profit maximisation was a "major opportunity". The broker reiterated its 'buy' rating, with analyst Kate Calvert adding: "We see material growth opportunities, not only in maximising UK profitability by optimising it
Read moreA director at Soco International showed confidence in the business by purchasing new shares following a recent slump in the stock which sent it to a new 52-week low. Ettore Contini, non-executive director in the group since 2001, bought 377,609 shares for an individual price of 142.56p, spending a t
Read moreProperty service group Countrywide and estate agent Savills were trading higher after George Osborne announced his approval of a series of new housing zones in the Budget, including Plymouth and Blackpool. Spire Healthcare Group was also among the risers after JPMorgan raised their price target on t
Read moreBodycote: N+1 Singer downgrades to hold. Morrrison: Deutsche Bank lifts target to 210p from 190p and reiterates hold. Centrica: Deutsche Bank reiterates hold and 280p target price. Rio Tinto: HSBC downgrades to neutral. IGas Energy: Cannacord Genuity lowers target to 85p from 125p and reiterates
Read moreA fall in oil prices was hitting shares in the energy sector on Friday after the International Energy Agency (IEA) warned that crude may have further to fall. In its monthly report, the Paris-based institution said that the partial rebound that occurred at the start of the year seems to have paused
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