STOCKS NEWS Reuters Results diary
Europe Real-time Equity News
UK Stocks on the move
UK smallcaps UK smallcaps news
08:25GMT 11Mar2009
Thomas Cook up as investor day impresses
Shares in Thomas Cook gain 1.9 percent to 245 pence as investors react positively to Wednesday's strategy presentation during which the company set a target of increasing its operating margin to 5.5-6 percent in the next three to five years.
Barclays Capital analyst Julian Easthope says the target is some way ahead of his estimate of 4.8 percent in 2012 and offers significant upside.
'We believe the targets are feasible and reiterate our overweight rating on the company and 300 pence price target,' he says.
Reuters messaging rm://matthew.scuffham.reuters.com@reuters.net
08:23GMT 11Mar2010
UK small caps up 0.1 pct early on
The FTSE Small Cap index gains 0.1 percent in early deals, bucking a weaker trend for both the blue chip and the mid cap indexes, down 0.3 and 0.2 percent, respectively.
Regional newspapers publisher Johnston Press is a good gainer, up 6.2 percent after it says it sees advertising stabilise and circulation trends improve as it posts a 44 percent fall in 2009 operating profit to 71.8 million pounds, slightly ahead of expectations.
On the downside, Tanfield Group gave back 8.4 percent of Wednesday's 45 percent leap which followed news the commercial electric vehicle maker had received a 37 million pounds cash offer for the assets of its electric vehicle division.
For more on Johnston Press' results, double click on
Reuters Messaging rm://jon.hopkins.reuters.com@reuters.net
Keywords: MARKETS UK STOCKSNEWS/
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Europe Real-time Equity News
UK Stocks on the move
UK smallcaps UK smallcaps news
08:25GMT 11Mar2009
Thomas Cook up as investor day impresses
Shares in Thomas Cook gain 1.9 percent to 245 pence as investors react positively to Wednesday's strategy presentation during which the company set a target of increasing its operating margin to 5.5-6 percent in the next three to five years.
Barclays Capital analyst Julian Easthope says the target is some way ahead of his estimate of 4.8 percent in 2012 and offers significant upside.
'We believe the targets are feasible and reiterate our overweight rating on the company and 300 pence price target,' he says.
Reuters messaging rm://matthew.scuffham.reuters.com@reuters.net
08:23GMT 11Mar2010
UK small caps up 0.1 pct early on
The FTSE Small Cap index gains 0.1 percent in early deals, bucking a weaker trend for both the blue chip and the mid cap indexes, down 0.3 and 0.2 percent, respectively.
Regional newspapers publisher Johnston Press is a good gainer, up 6.2 percent after it says it sees advertising stabilise and circulation trends improve as it posts a 44 percent fall in 2009 operating profit to 71.8 million pounds, slightly ahead of expectations.
On the downside, Tanfield Group gave back 8.4 percent of Wednesday's 45 percent leap which followed news the commercial electric vehicle maker had received a 37 million pounds cash offer for the assets of its electric vehicle division.
For more on Johnston Press' results, double click on
Reuters Messaging rm://jon.hopkins.reuters.com@reuters.net
Keywords: MARKETS UK STOCKSNEWS/
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.