News Source: The Scotsman
| about 1 year ago
Collins Stewart, which reiterated its "sell" rating on BT, with a 170p price target. BT's dividend cash cover looks increasingly under pressure, said the broker, citing concerns over lower margins and the stalling broadband market. The increasing...
News Source: The Scotsman
| about 1 year ago
Both Thomas Cook and rival TUI are cutting 2009 capacity given their need to raise prices to offset cost pressure, the broker noted. RBS Equities thinks the capacity cuts will boost 2009 profitability and that Thomas Cook will make "incremental...
News Source: The Scotsman
| about 1 year ago
OF THE big four supermarkets, Sainsburys' food sales are the weakest and trading its likely to worsen according to JP Morgan, which has dropped its rating on the supermarket from "overweight" to "neutral". Food sales at Sainsburys are likely to...