Fixed Income in the News
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London close: Stocks mixed after UK GDP, bond yield concerns linger
London stocks closed in a mixed state on Friday, with the top-flight index reversing earlier losses in afternoon trading, as investors pored…
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Broker tips: WPP, James Fisher, Rolls Royce
Analysts at Berenberg raised their target price on advertising firm WPP from 885.0p to 925.0p on Friday, stating there were “few surprises”…
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FTSE 250 movers: Gold miners lose their shine; Tullow boosted by upgrade
London’s FTSE 250 was down 0.2% at 21,496.26 in afternoon trade on Friday. Centamin and Hochschild both lost their shine as gold…
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US open: Stocks mixed as bond yields rise again
Wall Street trading began on a mixed note on Friday after President Joe Biden signed a $1.9trn Covid-19 relief package into law…
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FTSE 100 movers: Burberry rallies on results; Berkeley retreats
London’s FTSE 100 was up 0.3% at 6,758.25 in afternoon trade on Friday. Luxury goods brand Burberry rallied as it lifted full-year…
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Almost 1/5 of FTSE 100 have no minority directors – report
Almost a fifth of FTSE 100 boards have no members from ethnic minorities with less than a year to hit a target…
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Newable Ventures: Creating a positive circle
From understanding the portfolio approach to the investment philosophy driven by the fourth industrial revolution, Sanjeev Gordhan, Director at Newable Ventures, talks…
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Tesco gets regulatory approval for sale of Polish business
Tesco has received approval from the Polish Competition Authoritiy for the sale of its business there. The company announced in June 2020…
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BofA hikes target for Rolls Royce, says focus now on free cash flow
Analysts at Bank of America hiked their target price for shares of Rolls Royce from 55.0p to 80.0p in anticipation of stronger…
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AstraZeneca reportedly cuts EU Q1 vaccine supply target to 30m
Pharmaceutical company AstraZeneca cut its supply forecast of Covid-19 vaccine to the European Union in the first quarter to about 30m doses.…
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