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Hays plc Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (HAS) (MideastTime)
Espirito Santo Investment Bank Research reissued their neutral rating on shares of Hays plc (LON:HAS) in a research report released on Thursday morning, AnalystRatings.Net reports. Espirito Santo Investment Bank Research currently has a GBX 98 ($1.53) price target on the stock. Hays plc (LON:HAS) traded up 1.80% on Thursday, hitting GBX 93.45. Hays plc (LON:HAS) has a 1-year low of GBX 66.00 and a 1-year high of GBX 102.50. The stock’s 50-day moving average is currently GBX 79.73. The company’s market cap is £1.299 billion.

Hays plc : Increased HR and payroll workload tops list of auto-enrolment concerns (4-Traders)
Two thirds of employers are concerned that pensions auto enrolment will increase workload for their HR and payroll departments, according to new research from Hays plc (LON:HAS), the leading recruiting expert. One in ten (11%) expect to take on additional staff to handle the additional work. While increased workload topped the list of concerns for employers, communicating changes to their employees was also a concern for over half (57%), followed by the development of new IT systems and data migration (36%).

BHP exec sees iron ore seaborne supply accelerating, pressuring prices (Reuters)
BHP Billiton plc (LON:BLT), the world’s No. 3 iron ore miner, expects growth in iron ore seaborne supply to accelerate in the years ahead, leading to lower prices for the steelmaking raw material, a senior company official said on Wednesday. “Supply growth is and will keep accelerating in the coming years. This new supply will also bear a lot of cost and will gradually displace higher-cost production,” BHP Billiton plc (LON:BLT) General Manager Alan Chirgwin told an industry conference in Singapore, adding the onset of new supply will translate into lower iron ore prices.

Rio Tinto sees iron ore demand intact, sticks to expansion (Reuters)
Rio Tinto plc (NYSE:RIO), the world’s No. 2 iron ore miner, is keeping output expansion plans for the steelmaking raw material intact, with global demand led by top market China likely to keep growing, albeit at a slower pace, a senior company official said. …BHP Billiton plc (LON:BLT), which itself is on track to lift iron ore output by 5 percent to 183 million tonnes in the year ending June 2013, also said Chinese demand will remain the key driver for the steelmaking commodity, but like Rio, acknowledged that demand there for steel will eventually peak. “Supply growth is and will keep accelerating in coming years,” BHP Billiton plc (LON:BLT) General Manager Alan Chirgwin told the same conference, adding the onset of new supply will translate into lower iron ore prices.


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