24-05-2012

Peel Hunt has reiterated its buy recommendation and 650p target price for chip designer ARM Holdings, saying that the stock is a 'must-have' following its investor day yesterday.

24-05-2012

Panmure Gordon has upgraded its rating for food wholesaler Booker from hold to buy after the group substantially raised its dividend for the year to March 23rd.

24-05-2012

ARM, ASOS, Astra, Booker, Bowleven, C&W Comms, Dairy Crest, M&S, Reed Elsevier, SABMiller, United Utilities, Vodafone

24-05-2012

- EU leaders clash over Eurobonds - Chinese manufacturing continues to contract - Financials wanted after recent sell-off

24-05-2012

Increased customer numbers and higher internet sales at Booker saw the food wholesaler achieve solid growth in revenue in the 52 weeks to March 23rd, helping the group to hike its dividend.

05-04-2012

Micro Focus was making gains after UBS raised its recommendation on the stock from neutral to buy and lifted its target price from 440p to 525p.

05-04-2012

Wholesale food business Booker says like-for-like sales in its fourth quarter rose while its expansion in India continues.

04-04-2012

On Thursday, the Bank of England (BoE) will make its decision on interest rates and its asset purchase programme. Look out for flying pigs if the BoE changes its key interest rate, which has been at its historically lowest ever level since March 2009.

30-03-2012

Easter week sees a welcome slackening of expected corporate newsflow, with trading updates on Thursday from Halfords and Booker the biggest things currently in the company diary.

12-01-2012

Gains were pared in afternoon trade on Thursday following a poor start on Wall Street, meaning that the FTSE 100 finished in the red for the second day in a row. It was a busy day on the corporate news front, with Tesco and RBS grabbing the headlines, while central banks did what was expected and kept rates on hold.

12-01-2012

Food and drug retailers fell by an average 12% on Thursday as a number of trading updates and results failed to impress.

12-01-2012

There were plenty of company announcements on the FTSE 250 on Thursday, providing some big swings in the market.

12-01-2012

Fresh produce demand at Booker helped the cash and carry operator deliver the sort of like-for-like sales growth in the final months of 2011 that would be the envy of the retailers it supplies.

12-01-2012

City sources predict the FTSE 100 will open up 8 points from yesterday's close of 5,670 ahead of today's European Central Bank and Bank of England interest rate announcements.

20-10-2011

A round-up of the biggest director buys today so far.

14-10-2011

Renishaw: finnCap downgrades from buy to hold, cuts target from 1,775p to 940p.

14-10-2011

Cash-and-carry business Booker managed to surprise the market with its interim figures yesterday, and analysts were left upgrading their forecasts for the full year, says the Tempus column in the Times. Halfway profit before tax was 22 per cent ahead at £45 million in the 24 weeks to September 9. The halfway dividend is raised by the same rate, to 0.33p. But the company's huge cash generation has turned £400 million of debt in 2005 into cash balances of £60 million, and its low level of spending on existing assets and acquisitions means this sum can only increase as the year progresses; even if dividends continue to be raised at this rate, this will not have much impact on the cash pile. Some sort of enhanced dividend looks possible; for now, the market appreciates the strength of the business, and the shares sell on about 18 times earnings for this year, which makes them no more than a hold, the Times says.

13-10-2011

Precision tool maker Renishaw's plummeted on Thursday after the firm admitted that revenue growth in the three months ended 30th September was lower than planned.

13-10-2011

Peel Hunt has upped its target price for cash and carry group Booker from 65p to 70p after an "excellent" first half prompted the broker to raise its full-year numbers by 3%.

13-10-2011

Credit Suisse has reiterated its neutral stance on mining giant Anglo American, saying that if a large share of the Los Bronces project in Chile is sold, then the group could lose part of a "key growth pillar".