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Home ownership falls to 30-year low, says Resolution Foundation
Home ownership in England has fallen to the lowest level since 1986, particularly in Manchester and the Midlands, as it becomes increasingly unaffordable, according to a think-tank.
US pre-open: Stocks seen touch lower ahead of key data, earnings
US futures pointed to a marginally weaker open on Wall Street ahead of some key data and earnings releases.
Broker tips: Anglo American, Intertek, Johnson Matthey
UBS reiterated a ‘sell’ rating on Anglo American but lifted its target price to 740p from 540p after the miner reported a first half loss.
Eurozone producer prices rise more than expected in June
Producer prices in the eurozone rose more than expected in June, according to the latest data from Eurostat.
UK supermarkets lower fuel prices for summer holidays
Petrol and diesel prices in Britain's supermarkets are set to drop as Tesco and Asda followed Morrison's lead by reducing diesel and petrol by a smuch as 2p per litre.
SocGen downgrades Intertek on valuation
Societe Generale downgraded Intertek to ‘sell’ from ‘hold’ on valuation grounds.
UBS reiterates 'sell' on Anglo American
UBS reiterated a ‘sell’ rating on Anglo American but lifted its target price to 740p from 540p after the miner reported a first half loss.
GameAccount signs 13th client deal with unnamed US casino operator
GameAccount Network (GAN) a developer and supplier of enterprise-level business-to-business internet gaming software, services and online gaming content in the US, said it had partnered with an unnamed commercial casino operator in America to launch its 'Simulated Gaming' product.
JP Morgan CEO Dimon fears for future of EU
Jamie Dimon, CEO of US investment bank JP Morgan Chase, has spoken of the possibility of the breakup of the European Union in the wake of Britain's vote to leave the bloc.
Berenberg cuts Johnson Matthey to 'hold' from 'buy'
Johnson Matthey shares fell on Tuesday as Berenberg cut its rating on the stock to ‘hold’ from ‘buy’.
Deutsche Bank ups Rentokil to 'buy'
Deutsche Bank upgraded Rentokil to ‘buy’ from ‘hold’ and lifted the price target to 240p from 160p.
Intercontinental Hotels hit by dollar but retains bullish outlook
InterContinental Hotels earnings were hit by the strong US dollar in the first half of the year, but despite the recently lowered guidance from rivals Hilton and Marriott the Holiday Inn operator remains confident in the outlook for the rest of the year.
Elementis hit by oil market downturn, dollar impact on chromium
The market downturn in oilfield drilling and the impact of the dollar on chromium sales outside of North America hit first half profits at specialty chemicals firm Elementis which fell in line with expectations to $44. 7m from $65. 3m.
London open: FTSE fall continues as weight of data unlikely to lift
London's blue chip stocks continued to drop on Tuesday, following further oil price weakening and a mixed Asia session in the wake of an Australian rate cut.
Europe open: Stocks weaker as investors sift through earnings
European stocks fell in early trade following uninspiring US and Asian sessions, as investors sifted through earnings reports.
Aussie edges higher following RBA rate cut
Australia acted to forestall an undue slowing in the economy which might see inflation running below target by cutting its benchmark policy rates.
Warren Buffett lambasts Trump on taxes and policies
Warren Buffett has come out strongly against Republican presidential nominee Donald Trump at a Democratic rally in Omaha, Nebraska, challenging him to release his tax returns.
Polymetal completes purchase of Komarovskoye gold deposit
Polymetal International announced on Tuesday the completion of the acquisition of Orion Minerals, the holding company for the Komarovskoye Gold Deposit in the Republic of Kazakhstan, from Glencore subsidiary Kazzinc.
Tullett Prebon posts serious underlying growth in first half
Tullett Prebon announced its results for the six months to 30 June on Tuesday, with underlying revenue of £430. 3m, an increase of 4% on the prior period’s 415. 7m.