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13 Sep 2012 15:54

Hutchison China Meditech director tops up stake

Michael Howell, an Independent Non-Executive Director at Hutchison China Meditech, a research and development company majority-owned by Chi-Med, purchased 31,800 shares at 435.00p each on Tuesday. The £138,330 transaction, which takes Howell's interest in the company to 153,600 shares, comes six we

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1 Aug 2012 11:17

Xchanging boosts profits after busy first half

Xchanging, the back office outsourcing firm, had a busy first half building the foundations for renewed growth, with the results pointing to the first signs of this improvement. Revenue for the period edged higher from £322.0m to £322.7m, while adjusted operating profit jumped 15.9% from £13.8m to

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31 May 2012 09:26

Thursday broker round-up

Aviva: Nomura cuts target from 600p to 540p, buy rating unchanged. Babcock: Panmure Gordon downgrades from buy to hold, target left at 940p. BG Group: Jefferies reiterates buy stance and 2,000p target. BHP Billiton: Credit Suisse maintains outperform rating and 2,460p target. BT Group: Nomura ke

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17 May 2012 09:36

Thursday broker round-up

African Barrick Gold: Goldman Sachs upgrades from sell to neutral. Amlin: Nomura maintains neutral rating and 383p target. Aviva: Shore Capital downgrades from buy to hold; Nomura keeps buy rating and 600p target. Babcock: Liberum Capital downgrades from buy to hold. Brammer: Westhouse Securitie

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12 Apr 2012 16:23

Aegis director makes double sale

Harold Mitchell, a senior board member of Aegis Group, the FTSE-250 media and digital communications group, has made a double sale of shares in the month following its better-than-expected full year results. Mitchell, who is the Executive Chairman of Aegis Media Pacific, sold 150,000 shares at 5.5

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2 Mar 2012 06:50

Friday tips round up: Bunzl, Man, Xchanging, Psion

Questor, in The Telegraph, ponders Bunzl, which supplies things like food packaging and paper plates. It has an odd history, beginning life in modern day Slovakia back in the 1850s as a haberdashery. It's now in the FTSE 100 and going well, up 29% since February last year. Questor says hold as the f

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1 Mar 2012 11:55

Xchanging aims for fight-back in 2012

Outsourcing firm Xchanging underlined unveiled better than expected profits for 2011. The company, which provides back office functions like invoice payments and procurement and counts the London Metals Exchange and Gatwick Airport as clients, once traded above 300p per share but a couple of profi

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21 Feb 2012 10:46

Xchanging drops margin to extend BAE contract

Xchanging (XCH), a business process and technology services provider, has won a renewal of its contract with BAE Systems to provide procurement services. BAE has played hard ball though; Xchanging admits the new, three year agreement will have a lower margin than the existing contract. Despite the

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21 Feb 2012 09:00

Tuesday broker round-up - UPDATE

Admiral: Nomura reiterates buy recommendation and 1,100p target; Credit Suisse upgrades to outperform from neutral, lifts target from 1,100p to 1,300p. Morrison: Goldman Sachs adds to conviction sell list. Petropavlovsk: Nomura upgrades from reduce to neutral, target upped from 860p to 910p. Aber

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9 Dec 2011 13:01

Xchanging renews LME contract

Xchanging, the business process and technology services provider and integrator, has renewed its contract to provide technology services to the London Metal Exchange. The contract, which renews on 1 January 2012, is for a minimum of three years, with a two year notice period after the first year.

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5 Dec 2011 16:12

ITE chief sells shares to cover tax

Russel Taylor, chief executive of exhibitions and conferences firm ITE, has sold £232,228-worth of shares in the firm just days after the firm saw full revenues and profits jump as its sector defied the general economic gloom. Taylor, who joined the firm in 2003 and took up his current role in 2008

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10 Nov 2011 15:25

Tesco director makes a return

Chairman of Tesco Bank Andrew Higginson, who recently announced his plans to check-out from the supermarket giant next year, has sold £1.4m worth of his shares in the firm. 54-year-old Higginson, who was formerly group finance and strategy director for the firm, is the man behind Tesco's lucrative

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7 Nov 2011 15:34

Xchanging rises on update

Xchanging, the business process and technology services provider and integrator, rose more than 12% after reporting that its four part action plan has continued successfully in the second half of the year. During the year the firm identified and delivered cost savings across the business, including

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2 Aug 2011 06:28

Tuesday tips round-up: Intertek, Ultra Electronics, Xchanging

Intertek is the company you hire to determine whether the paint coating your mug is toxic. Or to find out whether Jeremy Clarkson's assertions about the mileage achieved by an electric vehicle are accurate. It is the world's largest provider of testing services. Good products, good management and ac

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1 Aug 2011 14:58

Xchanging profits plummet

Pre-tax profits at back office services group, Xchanging, plummeted 96% in the first half of 2011. The company said that in the six months to the end of June, profits before taxation fell from £19.6m in 2010 to £812,000 this year. It had previously warned that 2011 would be a year of transition; i

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