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Shore Capital reiterated its "buy" recommendation for Tribal (TRB) following the education group expecting significantly higher pre-tax profits than previously forecast. With the conclusion of its restructuring programme, the broker expects to see a more stable balance sheet, allowing for further investment in sales and business development. With higher expected free cash flows Shore also expects to see a faster rate of debt reduction. Tribal shares dropped 1.25p to 60p.

Hargreaves Services (HSP) retained its "buy" rating from Arbuthnot Securities, with a 1,500p target price. The haulage company produced an in-line trading update, and the broker believes it is well positioned to continue to deliver double digit organic earnings growth. Arbuthnot noted that demand for its business remains high and has high hopes for expansion into Asia. Shares in Hargreaves lifted 16p to 1,128p.

Panmure Gordon upgraded Redrow (RDW) from "hold" to "buy", with an increased target price of 130p, from 129p. The broker is impressed by the housing developer's recovery, with improved land management and geographic expansion into London. Panmure notes that the group has lagged behind its peers in terms on NAV growth but believes that the new strategy will help it catch up. Trading on a prospective P/NAV (price to net asset value) of 0.7 times for December 2012, compared to a sector average of 0.82 times the broker believes there is significant room for growth. The shares jumped 3.8p to 118p.

Cking - howdy - yes I have some sort of OCD issue! it does interest me though very much as to how shares perform or not as the case may be - It takes some understanding at times!

Intermediate Capital Group has signed a deal to sell CPA, its patent business, to private equity firm Cinven for £950m. CPA, which looks after the intellectual property of anything from software to cereal recipes, was bought by ICG just two years ago for £440m. The trend has seen CPA's value and earnings more than double since ICG's investment. CPA's last set of reported accounts showed earnings before interest, tax, depreciation and amortisation of £77m. Cinven beat rival BC Partners in a hotly contested auction that saw the asking price for Jersey-based CPA shoot up almost £300m from original estimates. Shares in ICG, known predominantly for its junior debt funds that back buy-out deals, edged up 3.8p to 250.7p, The Telegraph reports.

Meanwhile the Questor column in the Telegraph gives DS Smith the once over in the wake of yesterday’s announcement that the company was spending €1.6bn taking over the packaging business of SCA Group. The purchase will be funded by debt and equity with a rights issue offering shares at 95p per share. With the deal looking like it will strengthen DS Smith’s geographic reach and the theoretical ex-rights price of DS at 146.1p (or higher, says Questor) the column strongly advises investors to take up their rights.

Financial data company Experian has made big money in Brazil since its purchase of Serasa, which has tripled in size since the acquisition in 2007. Total sales in Latin America jumped 27% in the third quarter. In the other divisions, however, growth is much more mundane and despite the recent purchase of Computec in Colombia Tempus in The Times believes Experian is a strong hold, but at 16.5 times earnings, definitely not a buy.

http://www.investegate.co.uk/Article.aspx?id=201201180700167296V

Promotional products producer 4imprint made its mark on Wednesday after an upbeat trading update. Providing a glimpse of its forthcoming results for 2011, the company said group revenue last year was 10% up on 2010 levels at £222m and, but for currency fluctuations, the increase would have been 13%. Revenue in the group's largest division, 4imprint Direct Marketing, has continued its trend of strong organic growth, 4imprint said. Unaudited North American revenue for 2011 was $224m, 18% ahead of 2010, while fourth quarter revenue was 19% ahead of 2010. Unaudited total division revenue forr 4imprint Direct Marketing was £146m, 13% ahead of 2010, with an average US dollar exchange rate of $1.60 (2010: $1.55). The Brand Addition unit's unaudited total revenue for 2011 was £65m, 10% ahead of 2010, but the SPS unit's revenue fell 13% from 2010's level to £14m.

The Non-Executive Chairman of spread-betting firm IG Group Holdings has sold off around £0.6m-worth of shares in the company, one day after the firm unveiled a continuing strong performance during the first half. Jonathan Davie sold 130,000 shares at 489.00p each for a total of £635,700. He now holds 400,000 shares in the firm, equivalent to a 0.11% stake in the firm.

Exane BNP Paribas upgrades Smiths Group from neutral to outperform, target price raised from 1000p to 1150p.

Exane BNP Paribas upgrades Shire from underperform to neutral, target price raised from 1600p to 2300p.

Barclays Capital downgrades Pace from overweight to equal weight, target price cut from 175p to 100p.

A very positive forward statement for 2012

Commenting, Faisal Rahmatallah, Executive Chairman, said: "Despite the weak economic environment, the Group is performing well and should meet expectations over the final quarter. Looking into the next financial year, given our recent new business successes and assuming some improvement in the economic environment, I anticipate a year of significant progress."

Trading Update Plastics Capital plc (AIM: PLA), the niche plastics products group, is pleased to provide a Q3 trading update and to confirm that the Company continues to trade broadly in line with market expectations. Trading conditions remain challenging, reflecting global economic conditions, although new business is helping to offset a general softening in demand. The sales pipeline remains strong and its conversion into future revenues underpins the medium term prospects of the Group. By way of example, the Group's bearings division has recently converted a major design project to manufacture plastic bearing devices for a new customer based in the USA. The project, which is for a leading bathroom products company, is expected to be worth over £2m; sales for this project are expected to commence in 2013 and gradually build. Cash flow continues to be strong and the Group's debt is falling ahead of expectations, as working capital and capital expenditure are managed prudently.

http://www.investegate.co.uk/Article.aspx?id=201201170700156538V

17th January 2012 Analyst: Steven Moore Email: steven.moore@gecr.co.uk Tel: 020 7562 3370 Plastics Capital - "In-line" Trading Update; reiterate 'Buy' at 68.5p, Target Price: 100p

http://www.growthcompany.co.uk/news/1684663/ted-baker-looking-east.thtml

http://www.iii.co.uk/articles/23220/stock-watch-bodycote