(ShareCast News) - UBM has agreed to buy privately-owned Asian exhibitions company Allworld Exhibitions for a cash consideration that values the business at $485m in a deal that is expected to be immediately enhancing to earnings in 2017. In the 12 months to the end of June, Allworld - which operate
Read more(ShareCast News) - Credit Suisse updated its ratings and initiated on stocks in the European media sector. The Swiss bank upgraded RELX from 'neutral' to 'outperform' and bumped up the price target to 1,600p from 1,370p. It said the company's high-quality assets with market-leading positions have le
Read more(ShareCast News) - Imperial Brands: JP Morgan keeps at neutral with a target price of 3660p. Standard Life: Berenberg stays at buy 416p target. Barclays: Societe Generale upgrades to buy with a 235p target. UBM: Barlcays reiterates equal-weight with a 755p target. Derwent London: Goldman Sachs ke
Read more(ShareCast News) - Business-to-business event organiser UBM said that it had continued to perform in line with management expectations during the year, as it anticipates an "incremental" benefit from foreign exchange rates. The FTSE 250 company said that the trading outlook for the full year is unch
Read more(ShareCast News) - Tesco: JP Morgan reiterates underweight with a target price of 135p. G4S: Jefferies maintains underperform with a 160p target. Severn Trent: UBS keeps at neutral with a 2310p target. ITV: JP Morgan reiterates overweight with a 233p target. Babcock: Goldman Sachs keeps at buy wi
Read more(ShareCast News) - UBM reiterated its trading outlook for the full year on Friday as it posted a rise in first-half pre-tax profit and said it stands to benefit from the stronger dollar. For the six months ended 30 June, pre-tax profit rose to £51.8m from £35.1m in the first half of last year as rev
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