Investments
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Broker tips: Pennon, GB Group
Pennon rallied on Monday after Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ following a de-rating. The bank, which kept its price…
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FTSE 100 movers: IAG flies higher; Ocado in the red
London’s FTSE 100 was up 1.4% at 6,574.01 in afternoon trade on Monday. British Airways and Iberia parent IAG was the top…
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Canaccord lowers GB Group to ‘hold’
Analysts at Canaccord Genuity downgraded software and services outfit GB Group from ‘buy’ to ‘hold’ on Monday, stating it was now “moving…
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Housebuilders rally on reports of mortgage guarantee scheme
Shares of London-listed housebuilders rallied on Monday on news of a new mortgage guarantee scheme that would see a return of 95%…
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Housebuilders rally amid reports of mortgage guarantee scheme
Shares of London-listed housebuilders rallied on Monday on news of a new mortgage guarantee scheme that would see a return of 95%…
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Europe midday: Shares bounce back after bond market stabilises
European shares remained higher on Monday as the bond market sell off eased with yields falling, while investors also took heart from…
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London midday: Stocks rally as housebuilders lifted by mortgage guarantee reports
London stocks were firmly in the black by midday on Monday as bond markets recovered, with housebuilders pacing the advance. The FTSE…
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Overweight UK if you’re worried that real yields might rise further, Citi says
Real yields could be set to continue rising, which is “bad” for equity markets, strategists at Citi said. Those tilted towards highly-rated…
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Pennon rallies on Barclays upgrade
Pennon rallied on Monday after Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ following a de-rating. The bank, which kept its price…
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Reviews website Trustpilot plans London IPO
Online consumer review website Trustpilot on Monday said it was mulling an initial public offering (IPO) in London. The deal would see…
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