BEST OF THE BROKERS June 16, 2009 REED ELSEVIERPanmure Gordon retained its “buy” rating on Reed Elsevier after an update call with the company. It said that the shares have been disconcertingly weak recently but that this is understandable in view of the weak dollar. The broker leaves its core assumptions unchanged, forecasting earnings per share growth year-on-year. SERCOSerco’s shares have rallied [...]
Serco to control Dubai’s air space June 14, 2009 Support services firm Serco has secured a 10-year contract worth £245m to provide air traffic control at Dubai’s airports. The deal includes Maktoum Airport, which is projected to become the world’s busiest hub in the world when it is completed in 2017.