Hints and tips:
...Gordon Matta-Clark (1943-78) also carried out his radical architectural surgery at Manhattan’s crumbling edge....
...Tate drew further support from Panmure Gordon, which also upgraded its rating to “buy”....
...Keefe, Bruyette & Woods analysts crunched the numbers and came up with a price target of 150p, while Panmure Gordon could do no better than 40p....
...The word among city traders is that Northumbrian is in the sights of FTSE 100 rival Kelda, up 0.3 per cent to 896p....
...Admiral gained 4.2 per cent to 692p in spite of a downgrade from Panmure Gordon. Analyst Robin Savage cut the general insurer to “sell” on concerns that insurance premium rates are falling....
...Business was clearly not Gordon Brown’s target audience. The talk was all of education and the environment, and any hopes of a reduction in corporation tax were dashed....
...Kelda, the owner of Yorkshire Water, slipped 1.5 per cent to 847½p on a Cazenove downgrade to “underperform”....
...Ahead of its interim figures today, water company Kelda added 1.4 per cent to 740p....
...Sainsbury, is by far the biggest of only two FTSE 100 companies left in Yorkshire (the other is Kelda, the utility)....
...Justin Scarborough at Panmure Gordon reiterated a “sell” recommendation on concerns that the dividend was not covered by free cash flow and dividend cover was to low....
...Mr Newman is a former finance director of Kelda, owner of Yorkshire Water, and was chairman of Waste Recycling Group, a quoted Kelda associate, which was sold to private equity buyers for £531m in July 2003...
...Among the other utilities, Severn Trent added 3 per cent to 855p, Pennon was 4.1 per cent better at 810p, Kelda moved 1.4 per cent higher to 549½p and AWG was up 4.6 per cent at 634p....
...Panmure Gordon, however, advised investors to switch into rivals Reuters, steady at 315½p, and United Business Media, 1.7 per cent ahead at 495½p....
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