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Saxo Bank to take legal action if necessary to recover negative balances

Saxo Bank executives have emphasised that losses from negative balances, although immaterial, would be pursued with legal action to protect client accounts.
[1 Hour Ago]

Broker tips: HSBC, Eastyjet, Dixons Carphone

HSBC's share price was under pressure on Tuesday after broker Investec lowered its rating for the stock from 'add' to 'hold', saying that the bank's upcoming fourth-quarter results could disappoint.
[1 Hour Ago]

Morgan Stanley cuts Dixons Carphone to 'underweight'

Dixons Carphone's stock took a tumble on Tuesday after US banking giant Morgan Stanley lowered its recommendation on the electrical retailer from 'equal weight' to 'underweight'.
[1 Hour Ago]

London midday: Airlines rise, but FTSE lower after weak data, macro concerns

Weaker-than-expected UK data and concerns over Russia weighed on London's stock exchange on Tuesday, as the market pulled back from its highest level in over four and a half months.
[2 Hours Ago]

'Internet of Things' vehicles will reach 250m by 2020, says Gartner research

New research by Gartner has claimed that a quarter of a billion connected vehicles will be on the roads by 2020.
[2 Hours Ago]

EU in talks to place more sanctions on Russia

Government heads at the EU have requested that foreign ministers contemplate additional government sanctions on Russia following the latest rebel violence in eastern Ukraine, for which the bloc has attributed Moscow the "responsibility".
[2 Hours Ago]

IBM denies reports of cutting quarter of global workforce

IBM has denied a report it plans to slash 110,000 jobs as part of a major transformation at the tech giant.
[3 Hours Ago]

Greece's election outcome is credit negative, Moody's says

Moody's Investors Service said the outcome of the elections in Greece were credit negative for the country's rating because it caused prolonged financial uncertainty as the anti-austerity party Syriza comes to head with the Troika (International Monetary Fund, European Commission and European Central Bank).
[3 Hours Ago]

Numis welcomes "encouraging" Q1 update from Easyjet, maintains 'buy'

Broker Numis Securities said it expects upgrades to consensus estimates for Easyjet after the budget airline impressed the market with its first-quarter update and positive outlook on Tuesday.
[3 Hours Ago]

Entertainment One's sales ahead of targets with strong Peppa Pig franchise and TV growth

Entertainment One expects full year earnings to beat expectations after its Peppa Pig franchise brought home the bacon in the retail sector.
[3 Hours Ago]



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