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British multinational advertising and public relations company WPP has agreed to acquire Filmworks China, an entertainment marketing agency in China, through its global media investment management arm GroupM. This investment continues WPP's strategy of developing its services in fast-growing and im
17 Dec 12 09:18AMEC: Credit Suisse reduces target price from 1300p to 1250p reiterating an outperform rating. Anglo American: Barclays upgrades to equal-weight with a target price of 1970p. Ashtead Group: Barclays raises target price from 352p to 434p and reiterates an overweight rating. ASOS: HSBC raises targe
12 Dec 12 07:25The chief executive of HSBC and a string of top bankers will lose a slice of their bonuses and will have future payouts deferred after Britain's biggest bank was hit with a record fine to settle damaging money-laundering charges. Stuart Gulliver, the former investment banker who runs HSBC, has alrea
12 Dec 12 06:54- Obama-Boehner meeting sparks optimistic mood - Italian PM steps down - Economic data from Asia comes in mixed Optimism that US law-makers can agree over the impending 'fiscal cliff' managed to offset concerns regarding political uncertainty in Italy, with the FTSE 100 rallying to finish with smal
10 Dec 12 16:39Primark and food products giant Associated British Foods was the high riser on the Footsie on Monday afternoon, extending gains after Friday annual general meeting at which it revealed a strong start t o the new financial year. Oil group Tullow Oil was performing well today, rebounding after its re
10 Dec 12 14:44- Italian PM Monti to resign - Japan in recession - Greece extends buy-back offer Stock markets reacted to Mario Monti's resignation with moderate losses on Monday, as the departure of Italy's Prime Minister throws up another curve ball in the ongoing Eurozone debt crisis. Benchmarks across Europe
10 Dec 12 11:24Political uncertainty in Italy and an economic contraction in Japan weighed on stock markets on Monday morning, as investors shrugged off some better-than-expected industrial production figures from China. A close eye will be kept on Italian bond yields today after the weekend's news that Prime Min
10 Dec 12 08:27Andor Technology: Investec moves target price from 450p to 460p, while reiterating its buy recommendation. Antofagasta: Alphavalue downgrades to reduce, while keeping the target price at 1371p. Ashtead Group: Investec target price from 250p to 475p and reiterates its buy recommendation. Atkins: J
10 Dec 12 07:10Anglo American: Morgan Stanley reduces target price from 2110p to 1802p and keeps an equal weight rating. Brewin Dolphin Holdings: Peel Hunt raises target price from 185p to 230p and maintains a buy rating. British Sky Broadcasting Group: Nomura raises target price from 950p to 975p and reiterates
5 Dec 12 07:19- Eyes turn to Eurogroup meeting - Greece approves 2013 budget - Japanese GDP decline worse than feared Concerns about Greece and a worse-than-expected contraction in Japan meant that it was a rather subdued day on the UK stock market on Monday, with the FTSE 100 broadly unchanged by the close. "E
12 Nov 12 17:00- Greece approves 2013 budget - Japanese GDP worse than expected - Markets await Eurogroup meeting this afternoon UK stocks were continuing to trade slightly higher on Monday morning after Greece approved its 2013 budget late last night, however, gains were only modest as caution sets in ahead of
12 Nov 12 11:36Advertising agency WPP is up following encouraging news from French rival Publicis, which reported that advertising demand improved in October. In a trading update Publicis Groupe's Chief Executive and Chairman, Maurice Levy said: "After the brutal and unexpected decline of advertising spendings in
12 Nov 12 10:27Sage Group was leading the risers after Citigroup upgraded the stock from neutral to buy, and raised its target price from 294p to 345p. Similarly, Deutsche Bank has today upped its price targets Hammerson to 580p from 540p, boosting the stock into the top three risers. Serco Group, the internat
29 Oct 12 15:07Leading the risers was diversified mining titan Anglo American after announcing that it is on the look out for another CEO after Cynthis Carroll revealed her decision to resign. "It is a very difficult decision to leave, but next year I will be entering my seventh year as Chief Executive and I fee
26 Oct 12 15:26Investec has maintained its 'hold' rating and 1,240p target price for publishing group Pearson, saying that the possible merger between Penguin and Random House is 'not a game changer'. Investec analyst Steve Liechti notes that this follows speculation in the summer but nothing since has followed.
26 Oct 12 12:56
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