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US CPI rises 0.1% month-on-month in April, down 0.2% year-on-year, as expected

The US consumer price index (CPI) rose 0.1% month-on-month in April, easing back from a 0.2% in March, as forecast by analysts.
[30 Minutes Ago]

Banks being probed over automated forex deals, report says

Wall Street banks may face further damaging allegations about their rigging of foreign exchange markets, as New York's banking regulator intensifies a probe into electronic trading, according to the Financial Times.
[1 Hour Ago]

Germany's Schäuble raises idea of Greek 'parallel currency'

Germany's finance minister, Wolfgang Schäuble, has reportedly suggested a "parallel currency" might need to be created for Greece to run alongside the euro if the country's bailout talks fail.
[1 Hour Ago]

Apax Global Alpha to raise €250m in London listing

Investment trust Apax Global Alpha is looking to raise €250m in a flotation on the London Stock Exchange.
[1 Hour Ago]

Empiric Student Property acquires £5.1m Durham flats

Empiric Student Property has acquired the freehold on a block of flats in Durham for £5.1m.
[1 Hour Ago]

Broker tips: BHP Billiton, BP, Building materials sector

Investec has upgraded its stance on BHP Billiton from 'sell' to 'hold' following the spin-off of the miner's South32 portfolio this week, as well as recent reduced capital and operating cost guidance.
[2 Hours Ago]

London midday: Stocks hold on to gains before US CPI, Vodafone continues to rise

UK stocks held on to gains on Friday ahead of some key economic data from the States, which is forecast to show that the US remained in deflation last month.
[2 Hours Ago]

Jefferies turns positive on building materials stocks

Shares of building materials peers Wolseley, Travis Perkins, Howden Joinery and Grafton Group were all on the rise on Friday after Jefferies took positive stance on the sector.
[2 Hours Ago]

UK public sector net borrowing falls in April on strong tax receipts

The UK budget deficit narrowed in April from last year, according to data published by the Office for National Statistics on Friday.
[2 Hours Ago]

Norman Broadbent posts wider pre-tax loss for 2014, but back to profitability in 1Q

Recruitment company Norman Broadbent reported a rise in pre-tax losses to £1.56m in 2014 from £1.15m, saying the results reflect start-up losses in emerging businesses and the exceptional costs associated with regaining control of the Norman Broadbent brand worldwide.
[2 Hours Ago]

Categories: AIM Bulletin, Broker Recommendations, Commodities, Company News, Dealings and Holdings, Economic News, Foreign Exchange, International News, Market Report, New Issues, News and Announcements, Press Round-Up, Risers and Fallers, Small Cap News, Technical Analysis, Tips Round-Up, Week Ahead.

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