Market Report: Gulf of Mexico optimism fails to stop BP falling - The Independent
Thu, 23 Jun 2011 23:02The energy giant, which has lost around a third of its share price since the explosion in April 2010, had its rating upgraded by Evolution Securities to "buy" yesterday, with the broker saying the process of agreeing settlements with other companies ...
UK Software Sector Set For Shake Up - Wall Street Journal
Thu, 23 Jun 2011 13:46Micro Focus's share price plunged after the February profit warning, hitting a low for the year to date of 274 pence on Feb. 24, but has since recovered. By 1304 GMT Thursday, it shares were trading at 322 pence, albeit down 9% on the day in a weaker ...
Market Report: Takeover talk rings bells for C&W Worldwide - The Independent
Fri, 24 Jun 2011 23:00Nonetheless, its analysts said they believed that even if no approach were made, the company's share price – which has dropped by a quarter in 2011 alone – would continue "to materially undervalue" its assets. "Management's shift in focus towards ...
Schroders' Buxton returns to cyclical stocks - FT Adviser
Mon, 27 Jun 2011 00:05The cyclical share price falls have come as markets have fretted about the eurozone sovereign debt crisis, the Japanese earthquake and the impending end of US quantitative easing this month. Mr Buxton told Investment Adviser: "There is a risk everyone ...
UK Summary: London Shares Remain Firm; Banks, Miners Rise - Wall Street Journal
Fri, 24 Jun 2011 09:58Autonomy shares up 0.7% at 1658p and Logica up 1.7% at 129p. 0752 GMT [Dow Jones] Berkeley Group (BKG.LN) has promised a series of special dividends, notes Peel Hunt, as 1300p/share will be paid over the next 10 years. Still, "this payment does not ...