We spoke to new Sterling Energy CEO Tony Hawkins about the latest changes happening at the company. Watch the full video here.
(ShareCast News) - PZ Cussons has achieved a "solid" first half given the challenges, according to Investec. The consumer goods company reported a 0.2% dip in reported revenue to £385.9m in the first half due to foreign exchange headwinds. Pre-tax profit fell 3.7% on a reported basis to £42.1m. The
(ShareCast News) - Jefferies has upgraded Vodafone from 'hold' to 'buy', raising its target price from 230p to 250p on what it called a window of opportunity for the telco. The investment bank said the EU mobile sector is benefitting from supportive pricing and the macro economic backdrop. "Easing
(ShareCast News) - Royal Dutch Shell: Cannacord Genuity lowers target from 1,775p to 1,550p and reiterates hold. Burberry Group: Liberum reiterates sell with a 925p target; RBC reiterates neutral yet trims target from 1,300p to 1,275p; UBS up target from 1,400p to 1,500p staying at buy. Tullow Oil:
(ShareCast News) - Now might be the right time to sell Persimmon shares, said the Sunday Times' Inside the City column, with a trading update due on Thursday. Investors in the house builder have seen the price triple in the last three years and received £800m in dividends. Persimmon was one of three
* Reliance Comm in talks with Aircel for wireless merger * Deal likely to prompt further consolidation * Reliance Communications, Aircel battling heavy debt load (Adds more details, analyst comments) By Devidutta Tripathy MUMBAI, Dec 22 (Reuters) - Reliance Communication
* Reliance Comm in 90-day exclusive talks with Aircel * Deal could prompt further consolidation in competiive market (Adds detail) MUMBAI, Dec 22 (Reuters) - Indian telecommunications carriers Reliance Communications and Aircel have begun talks to combine their wireless operations t
** Telefonica Deutschland falls 4.6 pct after Morgan Stanley cuts to "underweight" from "equalweight" ** Expects mobile revenue growth, as well as synergies from M&A, to slow in 2016 ** Broker's EBITDA and FCF forecasts c. 5 pct below consensus ** Says any merger between Vodafon