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  • Broker snap: Nomura slashes Bumi price target

    Tuesday 18 Sep 2012

    In a research note published this morning analysts at Nomura have sharply downgraded their view of London-listed diversified Indonesian miner Bumi plc to reflect the short-term distressed nature of the company´s finances following its recent corporate governance travails.

  • FTSE 250 movers: PZ Cussons rises on confident outlook

    Tuesday 18 Sep 2012

    Imperial Leather soap maker PZ Cussons was wanted after a well-received trading update. The group said it is confident of a return to profitable growth this financial year, though conditions remain difficult in its core market of Nigeria and challenging elsewhere.

  • Some economists less sanguine than BoE´s Fisher over impact of FLS

    Tuesday 18 Sep 2012

    In a speech delivered today at Richmond University the Bank of England´s (BoE) Executive Director for Markets and member of the Monetary Policy Committee (MPC) –Paul Fisher- describes the decision to “do something innovative” as necessary given that many of the underlying problems in the Euro area and in the financial sector are outside of the UK’s direct control.

  • Commodities: Traders scratch their head over late sell-off. Fat finger?

    Tuesday 18 Sep 2012

    US crude oil futures fell sharply in a late selling frenzy following rumours of a possible Strategic Petroleum Reserve release.

  • Debenhams sales shine despite retail headwinds

    Monday 17 Sep 2012

    Department store group Debenhams reported an increase in like-for-like sales and, despite challenging markets, said it would meet annual profit expectations.

  • UK Inflation eases again in August - ALERT

    Friday 14 Sep 2012

    Prices rises slowed in August as the Consumer Prices Index (CPI) measure of inflation dropped to two-point-five per cent, down from two-point-six per cent in July.

  • US newspaper round-up: Fed, Apple, Goldman...

    Friday 14 Sep 2012

    Financial markets soared Thursday after the Federal Reserve announced its new program to buy financial assets to inject money into the U.S. economy. The surge began midday, as the central bank unveiled its third round of quantitative easing, or QE3. The S&P 500 climbed 1.6 percent, to close at 1459.99. The Dow Jones industrial average jumped 206 points, or 1.5 percent, to 13,539.86. Both

  • RBS aiming to restart dividend payments -UPDATE

    Friday 14 Sep 2012

    - No dividend payments until 2014 at the earliest; - Ulster Bank turn-around remains a priority; - Restructuring phase should largely be complete by the end of 2013

  • PZ Cussons confident of return to profitable growth

    Friday 14 Sep 2012

    Imperial Leather soap maker PZ Cussons is confident of a return to profitable growth this financial year, though conditions remain difficult in its core market of Nigeria and challenging elsewhere.

  • FTSE 100 movers: Reckitt rises on CFO appointment

    Friday 14 Sep 2012

    Reckitt Benckiser, the Anglo-Dutch household goods firm behind the Cillit Bang brand, rose after it nabbed Adrian Hennah from medical technology business Smith & Nephew to be its new Chief Financial Officer. Hennah will get his feet under his new desk in 2013. The company´s share price is also on the up after UBS raised its price target by two quid, to 2400p.

  • London midday: Mining stocks celebrate QE3

    Friday 14 Sep 2012

    Footsie at six-month high after Fed decision; mining stocks rocket on stimulus plans; markets' upside momentum to remain in the weeks ahead, says analyst.

  • CCB interested in British, French and German lenders

    Friday 14 Sep 2012

    According to a report in the Financial Times, China Construction Bank (CCB), the second-ranked Chinese bank by assets after Industrial and Commercial Bank of China, could spend as much as $15bn on a deal, according to Wang Hongzhang, the group’s chairman.

  • Broker snap: Gold equities to gain on QE, says Nomura

    Friday 14 Sep 2012

    With gold prices jumping after the announcement of further quantitative easing (QE) from the Federal Reserve last night, Nomura has maintained its 'bullish' view on the sector.

  • Broker snap: Gold equities to gain on QE, says Nomura

    Friday 14 Sep 2012

    With gold prices jumping after the announcement of further quantitative easing (QE) from the Federal Reserve last night, Nomura has maintained its 'bullish' view on the sector.

  • Rio Tinto hoping for exclusivity on Pilbara trains

    Friday 14 Sep 2012

    Diversified mining group Rio Tinto has welcomed Australia's decision to re-examine allowing third parties on a rail network in the Pilbara region which the miner believes could seriously affect its operations.

  • London open: Footsie at six-month high after QE3

    Friday 14 Sep 2012

    Stocks soar after last night's QE3 announcement; Fed to buy mortgage debt, maintain Operation Twist; miners, banks surge early on.

  • Friday broker round-up

    Friday 14 Sep 2012

    Antofagasta, Daily Mail, Domino Printing, DS Smith, F&C, First Quantum, Halfords, Home Retail, Kazakhmys, National Express, Next, Stagecoach, Tesco

  • RBS to launch Direct Line IPO

    Friday 14 Sep 2012

    Royal Bank of Scotland is to launch an initial public offering (IPO) of its Direct Line Insurance Group, completing one of the conditions of its 45.5bn-pound bailout from the government in late 2008.

  • RBS to launch Direct Line IPO

    Friday 14 Sep 2012

    Royal Bank of Scotland is to launch an initial public offering (IPO) of its Direct Line Insurance Group, completing one of the conditions of its 45.5bn-pound bailout from the government in late 2008.

  • IHG's special divi to be 108.4p per share

    Friday 14 Sep 2012

    The wait is over for InterContinental Hotels Group (IHG) shareholders waiting for details of the hotels group's special dividend, with the group announcing it will be paying out 108.4p per share.

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