Market Pulse
Kellan Group swings to first-half loss
Recruitment business Kellan Group swung to a loss in the first half as sales fell, with many clients taking longer to make decisions due to uncertainty surrounding the EU referendum.
London open: Stocks open lower on lack of catalysts
London stocks struggled for direction on Friday with a lack of fresh catalysts to drive markets.
Credit Suisse upgrades KAZ Minerals, says development risks receding
Credit Suisse upgraded KAZ Minerals to ‘outperform’ from ‘neutral’ and lifted the price target to 250p from 165p saying development risks are receding.
Crossrider appoints Moran Laufer as acting CFO
AIM-listed Crossrider has appointed Moran Laufer as acting chief financial officer.
FOMC facing challenging times, Fed's Kaplan says
US central bankers are facing challenging times given the reduced room for policy-makers to manouvre given the current low neutral interest rate.
RBC downgrades Gem Diamonds to 'sector perform' on valuation
RBC Capital Markets downgraded Gem Diamonds to ‘sector perform’ from ‘outperform’ and slashed the price target to 130p from 170p.
Macquarie downgrades Glencore to neutral, awaiting guidance
Macquarie downgraded its recommendation on shares of Glencore to 'neutral', telling clients that the commodity trader's "impressive debt reduction is now largely priced-in".
German producer prices tick higher in July
German producer prices ticked higher in July, according to data from Destatis.
London pre-open: Stocks seen touch lower; quiet session expected
London stocks were set to open a little weaker on Friday with little in the way of corporate or macroeconomic news to drive markets and volumes likely to be low amid the summer lull.