Investments & Savings
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Tracsis awarded new contracts with large American transit agency
Transport-focussed software, hardware and data analytics company Tracsis has been awarded new contracts for the supply of remote conditioning monitoring (RCM) hardware…
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FTSE 250 movers: Weir Group hit by downgrade out of Deutsche Bank
Weir Group was felled by a downgrade out of analysts at Deutsche Bank from ‘buy’ to ‘hold’. Having hived off its oil…
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FTSE 100 movers: Miners in the red, Aviva and Sage gain
The FTSE 100 remained in the red in afternoon trading on Thursday, as investors continued to rifle through the morning’s avalanche of…
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Barclays initiates PZ Cussons with ‘overweight’ rating
Barclays started coverage of PZ Cussons with an ‘overweight’ rating in the expectation that newish chief executive Jonathan Myers will shake up…
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Deutsche cuts Weir to ‘hold’ after results disappoint
Deutsche Bank downgraded Weir Group to ‘hold’ after disappointing orders and no dividend announced at its recent results. After selling its oil…
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Deliveroo opts for London IPO after listing rules review
Deliveroo has chosen London for its initial public offering after a review of listing rules recommended allowing founders to retain greater control…
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London midday: Stocks down as investors wait on Fed’s Powell amid selling in bonds
London stocks were still mired in red come midday on Thursday amid ongoing pressure from rising government bond yields overnight. Against that…
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Europe midday: Shares extend losses as bond yield worries persist
European shares extended losses on Thursday as worries over rising bond yields dampened investor sentiment. The pan-European Stoxx 600 index was down…
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Apple faces UK competition inquiry
The UK’s competition regulator has launched an investigation into Apple’s terms and conditions for app developers to list on its App Store.…
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JP Morgan backs Whitbread, downgrades InterContinental
JP Morgan Cazenove has upgraded Whitbread and downgraded InterContinental Hotels Group following a review of European hoteliers. The bank said it had…
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