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Canaccord Genuity has cut its target price for drinks group Diageo from 1,900p to 1,835p and kept a 'hold' rating, recommending investors to take a cautious view on near-term forecasts after a disappointing first-half report. "While those with a long term horizon may be sanguine about the organic s
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LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:
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FTSE 100
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JEFFERIES STARTS STANDARD CHARTERED WITH 'UNDERPERFORM' - PRICE TARGET 1100 PENCE
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UBS CUTS PEARSON PRICE
Goldman Sachs has reiterated its 'conviction buy' rating for oil and power services firm Wood Group, saying that the company's strong positioning in the market is not reflected in the stock's valuation. The bank said that Wood Group has underperformed the wider European oil services sector by aroun
Read more(An item published at 1259 GMT misstated the market prices. The correct version follows.) LONDON (Alliance News) - Anglo-Dutch consumer goods and food giant Unilever Tuesday kicked off the latest UK earnings season, reporting lower revenues for the fourth quarter and who
Read moreLONDON (Alliance News) - Anglo-Dutch consumer goods and food giant Unilever Tuesday kicked off the latest UK earnings season, reporting lower revenues for the fourth quarter and whole of 2013, but its earnings beat expectations as margins were supported by price increases and
Read moreLONDON (Alliance News) - John Wood Group PLC Tuesday said it has secured two major contract extensions in Africa worth USD250 million. The oil services company said it has secured a five-year contract extension to provide its services in central Africa, worth more than USD140 million. The c
Read moreLONDON (Alliance News) - UK shares have opened higher Tuesday, as Unilever and SABMiller have released results and trading statements in line with expectations.
Peel Hunt has issued ratings on the property sector, cutting Great Portland Est
Markets are expected to open slightly higher on Tuesday morning, building on gains made yesterday when the FTSE 100 hit a fresh eight-month high. It was a rather lacklustre session for financial markets across Europe on Monday given that Wall Street was closed for Martin Luther King Jr. Day. Today,
Read moreWood Group's PSN business has won two significant contract extensions in Africa, worth a collective 250m dollars. The largest, which is worth more than $140m, is a five-year extension on a 2006 contract to provide operations, maintenance and construction management services for asset facilities in
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* Deal set to be completed in second half of 2014 * Amec says will help more than double revenues in growth regions * Acquisition would end drought of big deals in sector By Brenda Goh LONDON, Jan 13 (Reuters) - British oil and gas engineering firm Amec has agreed to buy S
Read more(Corrects Foster Wheeler share price to dollars from pence in 14th paragraph) By Brenda Goh LONDON, Jan 13 (Reuters) - British oil and gas engineering firm Amec has agreed to buy Swiss-based rival Foster Wheeler for 1.9 billion pounds ($3.13 billion), the first sizeable acquisition in
Read more- Miners limit gains after weak economic data - Services PMIs from China, UK, Eurozone and US weaken - RSA rises, UBS says takeover and break-up still possible - Retailers in focus ahead of updates techMARK 2,792.25 +0.13% FTSE 100 6,730.73 0.00% FTSE 250 16,049.30 +0.18% UK markets ended flat on
Read more- UK, Eurozone, China services PMIs ease - Markets rangebound, little changed by midday - Takeover and break-up of RSA possible, says UBS - Retailers in focus ahead of sales updates techMARK 2,795.09 +0.23% FTSE 100 6,731.24 +0.01% FTSE 250 16,063.40 +0.27% The FTSE 100 was little changed on Monda
Read more- Services PMIs on tap, Chinese data weakens - RSA leads financials higher - Retailers in focus ahead of trading update, M&S falls techMARK 2,787.71 -0.03% FTSE 100 6,727.98 -0.04% FTSE 250 16,028.46 +0.05% UK markets opened broadly flat on Monday morning with gains in the financial sector offset
Read moreWood Group has been awarded an engineering and design contract offshore Newfoundland and Labrador. The energy services group's Mustang Canada arm will provide the detailed engineering and design of an integrated topsides facility as part of the White Rose extension project. The group's production
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