US open: Mixed start to trading as bond yields surge

US open: Mixed start to trading as bond yields surge

Wall Street stocks were mixed early on Thursday as the 10-year Treasury yield soared to a 14-month high and fuelled another tech sell-off. As of 1525 GMT, the Dow Jones Industrial Average was up 0.42% at 33,153.22, while the S&P 500 was 0.38% weaker at 3,959.02...
Berenberg raises target price on Senior

Berenberg raises target price on Senior

Analysts at Berenberg raised their target price on manufacturing firm Senior from 85.0p to 112.0p on Thursday but cautioned that the group’s profit outlook remained “unclear”. Berenberg said Senior was considered a favoured way to play the...
UBS downgrades Crest Nicholson, Persimmon

UBS downgrades Crest Nicholson, Persimmon

UBS downgraded its stance on shares of Persimmon and Crest Nicholson on Thursday as it took a look at the UK housebuilding sector. The bank cut Persimmon to ‘neutral’ from ‘buy’ and Crest Nicholson to ‘sell’ from...