10-05-2012

Car dealership Inchcape said first quarter revenue increased a better than expected 1.4% increase in like-for-like sales and said it expects a solid performance for the full year.

01-05-2012

Aberdeen, Avocet, Cape, Chemring, HSBC, Inchcape, Imperial Tobacco, Kazakhmys, Lloyds, Max Petroleum, Man Group, Severn Trent, Unilever, United Utilities

27-03-2012

Aberdeen, Babcock, Bellway, Compass, CPP, easyJet, Essar, Euromoney, Inchcape, Ophir, PZ Cussons, Wolseley

25-03-2012

After soaring 11% when its full-year numbers were released on March 13, shares of car dealership firm Inchcape are now back to the same level they were at before the numbers were unveiled. However, for investors with a long-term view, this has presented an opportunity. The post-results share price leap was for a good reason. The company has been cutting costs from its business over the last few years leaving it in a lean position to benefit from a market improvement. Profits in 2011 were just shy of record profits achieved in 2007, yet revenues were 15% below that level. The company's 4.5% trading margin in 2011 was a 30 basis point improvement on 2010 and only 40 basis points below the peak margin level achieved in 2006. Also, more than two-thirds of operating profits are now generated in the emerging markets and the Asia-Pacific region. Trading on a December 2012 earnings multiple of 10.1, falling to 9.3 next year, the shares were last tipped at 326.3p on November 11 last year. They remain a buy, Questor says.

13-03-2012

Car retailer and distributor Inchcape saw sales in 2011 hit by weak markets in the UK and Greece, but managed to raise its operating margin through tight cost control. Nomura said that the results were broadly in line with expectations. Shares jumped nine per cent.

13-03-2012

- German ZEW reaches highest level in over a year - Spain to accept Eurogroup's fiscal consolidation request - Miners, banks lead the rise on the Footsie

13-03-2012

While Panmure Gordon says that Standard Life's full-year results were good and ahead of expectations, the broker had downgraded its rating on the insurance giant from buy to hold.

13-03-2012

Nomura has reiterated its neutral rating and 390p target price on car retailer and distributor Inchcape, saying that while the results were broadly in line with expectations, there are some concerns over the global economic environment.

13-03-2012

Astra, Bellway, BG, Computacenter, Hars, Inchcape, Inmarsat, Interserve, JD Wetherspoon, Lloyds, Meggitt, Persimmon, Premier Farnell, Premier Foods, RBS, Schroders, Smiths, Standard Life, SThree, Taylor Wimpey, UNITE

13-03-2012

The car retailer and distributor, Inchcape, saw sales in 2011 hit by weak markets in the UK and Greece but managed to raise its operating margin through tight cost control.

02-11-2011

The Independent looks at the media marketing agency Aegis which upped its guidance on profits for 2011 yesterday.

28-10-2011

HSBC/Standard Chartered: Citi chief economist William Buiter argues today that: "World trade is set for a prolonged boom and a marked transformation. Transaction banking and trade finance should track the direction of trade and economic growth in the long term. (...) Standard Chartered and HSBC should be among the "winners" in transaction banking."

28-10-2011

AstraZeneca faces an upcoming threat in the form of generic copies of Pfizer's Lipitor cholesterol treatment in the US, notes the Investment Column in the Independent. This will present a challenge for Astra's Crestor cholesterol drug, which has been selling well. Yesterday's results showed its sales had climbed 14 per cent in the third quarter. But Crestor could lose some steam as the generic comes onto the market. So those are the challenges. Weighing against this is the fact that the stock is not exactly pricey. At around nine times forward earnings, Astra offers value and a very decent prospective yield of more than 5 per cent. In the end, this continues to look like a good investment - but not so good as to prompt us to increase our holdings. There are challenges, though none so severe as to warrant a "sell" view. Hold, suggests the paper.

27-10-2011

Smith&Nephew: Citi reiterates sell.

27-10-2011

Car dealer Inchcape's third quarter revenues were "slightly better" than expected as strength in Asia Pacific and emerging markets helped offset weak consumer confidence in Europe.

28-07-2011

Stocks finished in positive territory after a choppy day, with US economic data helping to spark a late rally.

28-07-2011

Car dealer Inchcape zoomed ahead after reporting a 10.1% increase in half year pre-tax profit as demand from Asia Pacific and the Emerging Markets outweighed sluggishness in the UK and Europe.

28-07-2011

Car dealer Inchcape reported a 10.1% increase in half year pre-tax profit as demand from Asia Pacific and the Emerging Markets outweighed sluggishness in the UK and Europe.

24-05-2011

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

12-05-2011

Car dealer Inchcape was stuck in neutral Thursday as it reported on an uneven global recovery in the car industry.