LONDON BROKER RATINGS: JPMorgan cuts Tesco, B&M; Investec likes Relx
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - Stock prices in London opened lower on Tuesday, with the FTSE 100 index weighed down by retailers and stocks with Chinese exposure.
Read more(Sharecast News) - JP Morgan has cut its performance rating for UK-listed stocks B&M and Tesco as part of its downgrade of the whole European food retail sector.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read moreB&M European Value Retail SA - Luxembourg-based variety goods value retailer -
Read more(Alliance News) - The FTSE 100 was outperforming its European peers at midday on Tuesday, amid news that UK consumer price inflation is decelerating and the government is scrapping some rules to boost housebuilding.
Read more(Alliance News) - B&M European Value Retail SA is in talks with administrators to acquire up to 50 stores of the failed Wilko chain, Sky News reported late Wednesday.
Read more(Sharecast News) - RBC Capital Markets has reiterated its positive stance on AB Foods, JD Sports, WH Smith and B&M, saying that consumer buying behaviour in the US paints a promising picture for the London-listed value retailers.
Read more(Sharecast News) - UK stocks were trading at five-week lows on Wednesday despite some big gains from blue-chip insurers, with market sentiment hit by fears that the Bank of England may step in to raise interest rates once again.
Read more(Sharecast News) - UK stocks were struggling for direction on Wednesday after data showed that core inflation remains stubbornly high, raising fears that the Bank of England may step in to tighten monetary policy even further.
Read more(Alliance News) - European equities suffered on Tuesday as poor data out of China compounded growth worries for the world's second-largest economy, while a red-hot UK wage inflation reading put the Bank of England under the spotlight.
Read more(Sharecast News) - Mining and financial stocks dropped on Tuesday on the back of macroeconomic concerns, but retail shares held up relatively well.
Read moreMiners, energy stocks top sectoral losers
*Read moreMiners, energy stocks drive FTSE 100 lower
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