Sharecast News
ShareCast News
Lloyds sees share price reach government break-even point
Lloyds Banking Group's shares advanced Friday to a level which the government considers high enough to exceed the break-even point for a sale of its stake in the company.[Fri 13:50]
Shaft Sinker cautious of South Africa worker strikes
Shaft Sinker Holdings expects 2013 full-year results to meet market forecasts following a major restructuring.[Fri 12:05]
Broker tips: Banks, Intertek, Direct Line
UBS has lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve.[Fri 11:49]
London midday: Markets rally as banks rise
After a subdued start, the FTSE 100 pushed into positive territory ahead of the opening bell in New York with financials leading the rise after a broker upgrade.[Fri 11:47]
Broker snap: Bank of America upgrades Direct Line to 'buy'
Bank of America Merrill Lynch (BofA) has raised its rating for Direct Line Insurance Group (DLG) from 'neutral' to 'buy', saying it is now its most preferred stock in the property and casualty (P&C) insurance sub-sector.[Fri 11:25]
Europe midday: Stocks recover as new car sales rise
France sees return to growth; Europe's new car sales rise in April; US policymakers discuss future stimulus cut[Fri 11:15]
Broker snap: UBS upgrades banks to 'overweight' as conditions improve
UBS has lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve.[Fri 10:59]
Lamprell to wrap up talks with lenders
Lamprell, which provides engineering and contracting services to oil and gas industries, is on track to complete discussions with lenders to restructure its debt facilities.[Fri 10:31]
IPP results in line with expectations
Infrastructure investment company International Public Partnerships (IPP) said its portfolio of 22 assets "performed well" in the first four months of the year.[Fri 09:36]
SSE signs deal with Renewable Energy Systems Group
SSE has signed a deal with Renewable Energy Systems Group (RES) to acquire the Dunmaglass wind farm project in Scotland.[Fri 09:21]
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