Latest News
Canaccord downgrades Charles Stanley to hold, slashes target
Cannacord Genuity lowered its target price on the shares of Charles Stanley and lowered its recommendation from 'buy' to 'hold' after the broker announced it would likely take between 12 to 18 months longer than originally anticipated (by the year to 31 March 2020) to reach its target of 15. 0% for operating margins.
Small caps news round-up
Wireless remote tracking and monitoring products company Starcom launched a new security tech product on Thursday - Watchlock Pro. The AIM-traded company said Watchlock Pro is a more advanced version of the Watchlock - a reporting padlock that provides real-time alerts, and was awarded Physical Security Product of the Year Award at IFSEC 2012.
Many reasons why oil has barrelled south, says analyst
With oil prices having barrelled 10% down from their 2016 high, Accendo Markets suggested a "non-exhaustive" list of around a dozen likely reasons, including the strong dollar, weak sterling as well as supply issues.
Morgan Stanley sees 50% upside at 'software not gambling company' Playtech
Morgan Stanley set a 1,170p price target for Playtech, offering around 50% upside from current levels, as the FTSE 250 outfit is "a software company not a gambling company".
Custodian REIT issues new shares to meet investor demand
Custodian REIT, the UK commercial real estate investment company, said it had issued 600,000 new ordinary shares of 1 pence each to satisfy continued investor demand.
AB Dynamics adds Klaus Weimart to management team
Advanced testing systems designer and manufacturer AB Dynamics announced on Thursday that it has appointed Klaus Weimart to the board as operations director.
Starcom launches smart Watchlock Pro padlock
Wireless remote tracking and monitoring products company Starcom launched a new security tech product on Thursday - Watchlock Pro.
US open: Stocks fall after inflation data misses forecasts
US stocks fell on Thursday as investors digested worse-than-expected inflation data and the Federal Reserve’s latest policy decision.
NAHB housing market index edges up 2 points
Sentiment among US housebuilders improved a touch in June.
Survey shows 79% of hedge funds expect Britain to stay in EU
A survey of 270 Europe-based hedge fund managers carried out earlier this month by alternative assets data and analysis firm Preqin found that 79% believe Britons will remain in the EU, while 14% reckon they will opt to leave.
Ryanair refines price packages to attract leisure and business custom
Ryanair has launched a new price packages for business and leisure customers, with the budget carrier offering a choice of three types of fares.
Labour MP shot and stabbed in Birstall according to reports
Labour MP Jo Cox has been shot and injured in an attack in her constituency near Leeds, according to reports.
Secure Property posts significant uptick in asset value
Secure Property Development and Investment reported preliminary figures from its annual results on Thursday, including an 88% increase in total asset value to €126m, from €67m.
FTSE 250 movers: Go Ahead hits buffers; N Brown update in fashion
Go-Ahead shares were going nowhere on Thursday after commuters on Britain’s largest railway franchise were lumped with the promise of more misery this week, as conductors on the Southern arm of Govia Thameslink Railway announced a strike, set down for next Tuesday.
Sterling gains on Swiss franc as SNB doubts Brexit
Sterling ticked an ace higher against the Swiss franc as that country's central bank left its key interest rate unchanged today and said it intended to intervene in the event of turbulence after Britain's vote on European Union membership.
US core consumer prices edge higher in May
The cost of living in the US declined unexpectedly in May, but 'core' measures of prices gained further ground and looked set to continue to accelerate over coming months, belying worries of a weak US economy.
Docklands' five in court on alleged 'Boiler Room' fraud - FCA
Five alleged fraudsters have appeared in Southwark Crown Court today on charges linked to a string of 'boiler room' companies operating out of London's Docklands and offering investments in a Madeira commercial property development.
Philly Fed manufacturing index back in positive territory
Manufacturing conditions in the Philadelphia region improved more than expected in June, according to the latest report form the Federal Reserve Bank of Philadelphia.
Credit Suisse reiterates underperform on Berkeley Group Holdings
Berkeley Group Holdings remains "a very well managed business" but it was not immune to the weakening conditions which were being experienced in the inner London new build housing market, analysts at Credit Suisse said.
Friday preview: US data, ECB's Draghi speech
The pace is set to slow on Friday, winding down from a busy week that has included policy decisions from the Bank of England, the Federal Reserve and the Bank of Japan.