US consumer price index rises 0.4% in October

The US consumer price index rose 0.4% in October after being unchanged in September, according to the Bureau of Labor Statistics.

The market had been...

Wed, 13/11/2019 - 13:32


Broker Forecast - Morgan Stanley issues a broker note on Cineworld Group PLC

Morgan Stanley today initiates coverage of Cineworld Group PLC (LON:CINE) with a underweight investment rating and price target of 200p.

Broker Forecasts data provided by...

Wed, 13/11/2019 - 13:30


Aura Energy commences cost cutting drive amid 'difficult' market conditions

Aura Energy said it had begun a cost reduction drive, given difficult marketing conditions.

The broad-based process would be involve a reduction in staff costs...

Wed, 13/11/2019 - 13:29


UniVision inks subcontract agreement with Chinese railways engineers

Hong Kong-based surveillance system provider UniVision said it had signed a sub-contract agreement with a joint venture between China Railway Engineering and China Railway Wuhan...

Wed, 13/11/2019 - 13:24


Broker Forecast - RBC Capital Markets issues a broker note on Electrocomponents PLC

RBC Capital Markets today reaffirms its sector performer investment rating on Electrocomponents PLC (LON:ECM) and cut its price target to 625p (from 660p).

Broker Forecasts...

Wed, 13/11/2019 - 13:20


Equatorial Palm Oil losses deepen on Liberia asset write down

Liberia-focused palm oil producer Equatorial Palm Oil booked a deeper annual loss after it wrote down the value of the Butaw estate.

Pre-tax and net...

Wed, 13/11/2019 - 13:17


Broker Forecast - JP Morgan Cazenove issues a broker note on Electrocomponents PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Electrocomponents PLC (LON:ECM) and cut its price target to 651p (from 661p).

Broker Forecasts data...

Wed, 13/11/2019 - 13:10


Phoenix Copper raises capital to help fund sliver project in Idaho

Phoenix Copper said it had raised £0.85m from an issue of share and unsecured loan notes to help fund silver project in Idaho.

New shares...

Wed, 13/11/2019 - 13:08


BP director Nils Anderson to stand down following Unilever chairman appointment

BP said non-executive director Nils Andersen would stand down in March, in light of his appointment as chairman of Unilever.

Existing director Melody Meyer had...

Wed, 13/11/2019 - 13:04


Broker Forecast - Goldman Sachs issues a broker note on Direct Line Insurance Group PLC

Goldman Sachs today reaffirms its neutral investment rating on Direct Line Insurance Group PLC (LON:DLG) and cut its price target to 290p (from 320p).

Broker...

Wed, 13/11/2019 - 13:00


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