UK stocks up 1% as insurer Hastings soars on takeover bid

UK stocks opened stronger on Wednesday after general insurer Hastings soared on the back of a £1.66bn takeover bid from Sampo.

At 0834, the benchmark...

Wed, 05/08/2020 - 08:39


IP Group swings to first-half profit on record sales, positive portfolio returns

Intellectual property investor IP Group swung to a profit in the first half of the year as record sales and a positive returns boosted performance....

Wed, 05/08/2020 - 08:34


Broker Forecast - Peel Hunt issues a broker note on CMC Markets Plc

Peel Hunt today reaffirms its add investment rating on CMC Markets Plc (LON:CMCX) and raised its price target to 340p (from 300p).

Broker Forecasts data...

Wed, 05/08/2020 - 08:30


Hill & Smith reinstates dividend on brighter outlook; profit falls 42% in H1

Infrastructure products supplier Hill & Smith reinstated its dividend and said it expected performance to rebound after reporting that first-half profit fell by more than...

Wed, 05/08/2020 - 08:23


Broker Forecast - Deutsche Bank issues a broker note on ITV PLC

Deutsche Bank today upgrades its investment rating on ITV PLC (LON:ITV) to buy (from hold) and cut its price target to 80p (from 120p).

Broker...

Wed, 05/08/2020 - 08:20


Ferrexpo proposes additional interim dividend; profit falls in H1 on lower demand

Iron ore producer Ferrexpo declared an additional interim dividend, though warned of a slower recovery in steel markets in Europe and Japan than in China....

Wed, 05/08/2020 - 08:16


Broker Forecast - Barclays Capital issues a broker note on HSBC Holdings PLC

Barclays Capital today reaffirms its underweight investment rating on HSBC Holdings PLC (LON:HSBA) and cut its price target to 350p (from 410p).

Broker Forecasts data...

Wed, 05/08/2020 - 08:10


TP secures framework contract from Eurocontrol

Defence contractor TP said subsidiary Sapienza Consulting had been selected to participate in a framework contract to provide consulting and technical services to Eurocontrol.

The...

Wed, 05/08/2020 - 08:00


Hastings profit climbs in H1 on higher premiums, improved loss ratio

Insurance group Hastings reported higher first-half profit as a rise in premiums and an improved loss ratio offset the impact of claims inflation owing to...

Wed, 05/08/2020 - 08:00


Broker Forecast - JP Morgan Cazenove issues a broker note on Filtrona

JP Morgan Cazenove today reaffirms its neutral investment rating on Filtrona (LON:FLTR) and raised its price target to 11200p (from 6500p).

Broker Forecasts data provided...

Wed, 05/08/2020 - 08:00


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