Jon has been reporting on stock markets for over twenty-five years for audio text companies (remember them?!), newswires, and websites. He helped set up MarketEye News for ICV/Topic in the 1990’s before moving on to become a Markets reporter at AFX News. After over 10 years, which saw him rise to the dizzy heights of Markets Editor at AFX, the firm’s acquisition by Thomson Corp and subsequent takeover of Reuters, he moved on in 2012. Prior to Proactive Investors, he was News Editor for thisismoney.co.uk, the Mail Online’s financial website.
According to traders, five of the analysts tagged the social media group with the equivalent of a ‘buy’ rating, and three had ‘hold’ or equivalent ratings on the firm
The US State Department said it had found the project, which was blocked by former US president Barack Obama, to be in the US national interest.
Bob Shanks, Ford’s executive vice president and CFO said earnings per share guidance for the first quarter of 2017 is in the range of US $0.30 to US$0.35
Winnebago’s second-quarter revenues increased by 64% to US$370.5mln, up from US$225.7mln a year earlier, and above forecasts for US$338.4mln
The AIM-listed firm said resource definition and metallurgical test-work programs at the BKM deposit - which is in Central Kalimantan, Indonesia - continue to advance as planned, with a significant ramp-up of activities over the past two months.
Analyst Bill Newman raised the target for Point Loma to C$1.10 from C$1.00 having increased his risked net asset value estimate to C$1.37 per share from C$1.34.
A decision to intervene would not block the deal, but trigger an Ofcom assessment as well as a Competition and Markets Authority report to be considered by the Culture Secretary.
The group said existing shareholders holding approximately 41% of the company’s common shares have advised that they intend to participate in the offering.