The City News: Next plc (NXT), Shire Plc (SHP), The Sage Group plc (SGE) & More

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ITV PLC Receives Add Rating from Westhouse Securities (ITVPF) (MideastTime)
ITV plc (LON:ITV)‘s stock had its “add” rating restated by equities researchers at Westhouse Securities in a report issued on Tuesday, Analyst Ratings Network reports. They currently have a $144.00 target price on the stock. Shares of ITV plc (LON:ITV) remained flat at $1.90 during during mid-day trading trading on Tuesday. ITV plc (LON:ITV) has a 52 week low of $1.04 and a 52 week high of $1.98. The stock’s 50-day moving average is currently $1.90. Other equities research analysts have also recently issued reports about the stock.

Charles Allen: from ITV chief executive to charity worker (Telegraph)
Sir Charles Allen is leaning against a British Red Cross ambulance outside the charity’s Moorgate headquarters. He is besuited with his arms folded. Were the ambulance a smart limousine, he would appear to the passer-by every part the FTSE 100 chief executive he is perhaps most well known for in the Square Mile. As chief executive first of Granada Group and then ITV plc (LON:ITV), Allen united a series of regional commercial broadcasters into one company.

AngloGold Ashanti appoints Venkatakrishnan as CEO (Reuters)
AngloGold Ashanti Limited (NYSE:AU), Africa’s largest gold producer, said on Wednesday it had appointed chief financial officer Srinivasan Venkatakrishnan to be its chief executive. He was widely tipped as the most likely successor to Mark Cutifani, who left AngloGold Ashanti Limited (NYSE:AU) to take up the top seat at global mining company Anglo American plc (LON:AAL). Venkatakrishnan, known as Venkat, takes over on the eve of tough wage negotiations with unions in South Africa, which accounts for 40 percent of the group’s production, and at a time when the gold price is falling and costs are rising.

Anglo American Receives Sell Rating from Goldman Sachs (AAL) (MideastTime)
Anglo American plc (LON:AAL)’s stock had its “sell” rating reaffirmed by research analysts at Goldman Sachs Group, Inc. (NYSE:GS) in a report released on Tuesday, Stock Ratings Network reports. They currently have a GBX 1,400 ($21.79) target price on the stock. Shares of Anglo American plc (LON:AAL) opened at 1648.00 on Tuesday. Anglo American plc (LON:AAL) has a 52 week low of GBX 1720.50 and a 52 week high of GBX 2958.00. The stock’s 50-day moving average is currently GBX 1907.. The company’s market cap is £21.012 billion.

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