Investments & Savings
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Broker tips: Rolls-Royce, TI Fluid Systems, Ferguson, Standard Chartered
Rolls-Royce rallied on Wednesday as JPMorgan Cazenove upgraded shares of the engine maker to ‘neutral’ from ‘underweight’, highlighting four reasons behind the…
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HSBC in final talks to sell French retail bank – report
HSBC is in final talks to sell its French retail banking business to Cerberus, a private equity firm, for a token price…
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FTSE 250 movers: Ferrexpo rallies on results; SSP slumps
London’s FTSE 250 was down 0.9% at 21,579.87 in afternoon trade on Wednesday. Ferrexpo was the top performer as it declared a…
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US open: Stocks mixed as investors await outcome of Fed meeting
Wall Street trading got off to a mixed start on Wednesday as investors held out for the outcome of the Federal Reserve’s…
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Games Workshop declares dividend, trades in line
Games Workshop declared a dividend of 45p a share and said trading was in line with expectations. The miniature wargames company said…
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FTSE 100 movers: BT, Vodafone rally; Ocado in the red
London’s FTSE 100 was down 0.5% at 6,768.02 in afternoon trade on Wednesday as investors eyed the latest policy announcement from the…
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BofA stays at ‘hold’ on BAE Systems after sector conference
Analysts at Bank of America reiterated their ‘hold’ recommendation for shares in BAE Systems following the investment bank’s Global Industrials Conference, at…
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Canaccord raises target price on Ferguson
Analysts at Canaccord Genuity raised their target price on plumbing and heating products distributor Ferguson from 8,900.0p to 9,100.0p on Wednesday, stating…
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HSBC upgrades Standard Chartered, cites optimism on revenue growth
HSBC upgraded shares of Standard Chartered on Wednesday to ‘buy’ from ‘hold’ and lifted the price target to 550p from 430p as…
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Europe midday: Shares tread water ahead of Fed meeting; BMW powers ahead
European stocks were still treading water at lunchtime on Wednesday as investors took a cautious view ahead of the US Federal Reserve’s…
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