Business & Development
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WPP buys AI company Satalia for undisclosed sum
WPP said had it bought Satalia, a technology company offering artificial intelligence solutions for clients, for an undisclosed sum. Satalia’s clients include…
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Broker tips: IPF, IWG
Analysts at Canaccord Genuity upgraded their recommendation for stock of International Personal Finance to ‘buy’, on the back of recent news-flow pointing…
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Canaccord upgrades International Personal Finance on reduced regulatory risk
Analysts at Canaccord Genuity upgraded their recommendation for stock of International Personal Finance to ‘buy’, on the back of recent news-flow pointing…
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Berenberg cuts target for IWG on forecasts for occupancy
Analysts at Berenberg cut their target price for shares of IWG, citing an overoptimistic consensus on the outlook for 2022/23 after downgrading…
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Fortress ‘considering options’ on Morrisons after CD&R lifts bid
The consortium led by Fortress Investment Group said it was “considering its options” over Morrisons after its takeover offer was trumped by…
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Broker tips: Weir Group, InterContinental Hotels, ITM Power
JPMorgan Cazenove upgraded Weir Group to ‘overweight’ from ‘neutral’ on Thursday and lifted the price target 1,970.0p from 1,800.0p, citing a good…
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Citi stays at ‘buy’ on ITM Power after Linde inks deal with Infineon
Analysts at Citi kept their recommendation for shares of ITM Power at ‘buy/High Risk’ after its joint-venture partner, Linde, inked a deal…
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Peel Hunt upgrades InterContinental Hotels to ‘hold’
Analysts at Peel Hunt upgraded their rating on Holiday Inn owner InterContinental Hotels Group from ‘reduce’ to ‘hold’ on Thursday after upping…
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JPMorgan upgrades Weir, cites good entry point
JPMorgan Cazenove upgraded Weir Group to ‘overweight’ from ‘neutral’ on Thursday and lifted the price target 1,970p from 1,800p, citing a good…
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UK govt orders probe into £2.6bn Ultra Electronics takeover
UK Business Secretary Kwasi Kwarteng on Thursday ordered an inquiry into the proposed takeover of Ultra Electronics by Cobham Group. Kwarteng said…
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