Latest News
RBC ups target price on Fresnillo
Shares in Fresnillo were moving higher after analysts Tyler Broda and Alexandra Slattery at RBC bumped their target price on the stock from 610p to 750p, albeit while downgrading their recommendation from 'sector perform' to 'underperform'.
Nomura said to plan job cuts in Europe and Americas
Nomura Holdings is said to be planning job cuts in the Americas and Europe as it looks to bring down costs amid a slump in its overseas operations.
Exane BNP cuts target price for Next, sees shares trading at a discount
Retailer Next fell off its perch, falling victim to downwardly revised earnings guidance, a misjudged buyback and a downbeat outlook reflecting less potential to grow its digital footprint and a move by customers away from credit, broker Exane BNP said.
EKF Diagnostics non-exec resigns as new chairman joins
Ron Zwanziger has resigned as non-executive director of EKF Diagnostics with immediate effect.
TyraTech appoints industry veteran Barella as chairman
AIM-listed life sciences technology group TyraTech has appointed industry veteran José Geraldo Ramalho Barella as non-executive chairman with immediate effect following the resignation of Alan Reade.
Europe midday: Stocks turn higher as Italian banks rally
European stocks reversed opening losses to trade higher, with Italy’s FTSE Mib pacing the advance as the country’s bank stocks rallied.
Russian police station hit by suicide bombing
Three men have attacked a police station in a village in Stavropol, Russia, according to the interior ministry, one of whom was a suicide bomber.
London midday: Stocks fall as investors weigh Chinese CPI
London stocks were slightly lower on Monday amid a lack of economic data to drive the market.
Broker tips: Direct Line, Dunelm, Aggreko
Barclays downgraded Direct Line Insurance to ‘equalweight’ from ‘overweight’ and cut the price target to 369p from 443p as it took a look at UK motor insurers.
Report highlights 57 tube stations at 'high risk' of flooding
A new report out on Monday said it was “only a matter of time” before serious flooding hit the London Underground, with 57 stations and 28 other sites across the network highlighted as at risk serious water ingress.
US pre-open: Stocks seen a little higher ahead of Alcoa results
US futures pointed to a slightly firmer open on Wall Street as the dollar stabilised against the yen, with investors looking ahead to the start of the earnings season.
Galliford shares slump on Edinburgh schools closure scandal
Shares in construction firm Galliford Try slumped on Monday as the company found itself caught up in the Edinburgh schools closure scandal.
Utilitywise forms IoT technology partnership with Dell
Utilitywise has been signed up as a partner by US technology giant Dell as part of a joint strategy to sell internet of things (IoT) solutions to business customers.
Tesco planning to offload Dobbies Garden Centres
Tesco was reported to be preparing plans to sell its loss-making divisions on Monday, with chief executive Dave Lewis appointing an adviser to assist with a sale of garden centre chain Dobbies.
BoJ ready to add to stimulus, Kuroda says
The Governor of the Bank of Japan, Haruhiko Kuroda, said the central bank was ready to add to its monetary stimulus if necessary in order to meet its inflation target.
RBS said to close India business by end of the year
Royal Bank of Scotland will reportedly close its banking operations in India after deciding against the sale of the division due to worries about red tape.
James Cropper eyeing reems of paper profits
James Cropper said it was confident of far surpassing the market's expectations as the specialist paper maker's sales trends from last year have continued in encouraging fashion.
Barclays downgrades Direct Line to 'equalweight'
Barclays downgraded Direct Line Insurance to ‘equalweight’ from ‘overweight’ and cut the price target to 369p from 443p as it took a look at UK motor insurers.
Daily Mail said to be mulling bid for Yahoo
The Daily Mail's parent company had held talks with half a dozen private equity outfits regarding a potential bid for some of US internet giant Yahoo's assets, The Wall Street Journal reported on Sunday.
Canaccord leaves Dunelm at 'hold' but raises target price
Canaccord Genuity kept Dunelm at a ‘hold’ rating but raised its target price to 950p from 910p, saying it has “long traded at a significant premium to the wider sector”.