(ShareCast News) - Paragon Group led to the upside on the back of a positive endorsement from broker Jefferies. Analyst Phil Dobbin said: "Paragon is evolving from a securitized non-bank lender to a more diversified retail funded banking group. We believe that the company has the ability to gain mar
Read more(ShareCast News) - Defensive issues and so-called 'bond proxies' performed best at the tail-end of the week, with shares of personal goods and health care equipment companies pacing gains. Among the former of those two sectors, it was Unilever which did best after the manufacturer said it would appe
Read more(ShareCast News) - UDG Healthcare is in a net cash position to deliver sustained future growth after the disposal of its United Drug Supply Chain (UDSC) businesses and MASTA. The group's disposal of the (UDSC) businesses and MASTA completed on 1 April 2016 resulted in a net profit of €132.1m. Net
Read more(ShareCast News) - Tesco: HSBC reiterates buy with a target price of 260p. Sage: Goldman Sachs reiterates buy with a 870p target. Aggreko: Barclays stays at overweight with a 1000p target. Prudential: Barclays reiterates overweight with a 1748p target. IQE: Canaccord keeps at buy with a 51p targe
Read more(ShareCast News) - UDG Healthcare has acquired STEM Marketing, a provider of commercial, marketing and medical audits to pharmaceutical companies, for up to £84m in a deal that is expected to be immediately accretive to earnings. The FTSE 250 provider of healthcare services said STEM is a highly cas
Read more(ShareCast News) - UDG Healthcare said on Monday that Chris Corbin, the chief executive officer of its largest division, Ashfield Commercial & Medical Services, will retire in April 2019. In preparation for his retirement, Corbin will transition to the role of chairman of Ashfield once his successo
Read more(ShareCast News) - UDG Healthcare's revenues and adjusted operating profits in the nine months to 30 June were well ahead of the previous year, according to a trading statement on Thursday. Operating profit growth in the nine months to June was driven by strong underlying profit growth in its Sharp
Read more(ShareCast News) - International healthcare services provider UDG reported a first half of "financial and strategic progress" on Thursday, with adjusted revenue growing 2% at constant currencies to €472.4m. The FTSE 250 firm's adjusted operating profit in the six months to 31 March improved 9% at co
Read moreBRUSSELS, March 4 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- French company Avril Pole Animal and German meat product processor Tonnies International Holding to set up a joint v
Read more(ShareCast News) - UDG Healthcare's proposed sale of two of its businesses to McKesson Corporation has made it over a significant regulatory hurdle, the company revealed on Friday. The FTSE 250 company had announced details of the sale of United Drug Supply and MASTA on 18 September and 13 October 2
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