Close Bros Share News (CBG)

LONDON BROKER RATINGS: Jefferies rates Future at 'hold'; Spirent upped

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

European stocks log strongest one-day gain this year after three-day rout

Banks rebound after three-day fall

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LONDON MARKET CLOSE: Stocks green as financial instability fears ebb

(Alliance News) - Stocks in London ended in the green on Tuesday, as easing fears around the financial sector joined market positivity off the back of lower US inflation data.

Is it "profit o'clock" for Europe's banks?

STOXX 600 up 0.6%

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As crypto-friendly banks collapse, where are crypto firms going?

STOXX 600 up 0.6%

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LONDON MARKET MIDDAY: Stocks up ahead of key US inflation reading

(Alliance News) - Stock prices in London were slightly higher at midday in London on Tuesday, as market attention turns to a US inflation reading, which has taken on new significant following the collapse of Silicon Valley Bank.

Close Brothers interim profit plunges as Novitas woes persist

(Alliance News) - Close Brothers Group PLC on Tuesday said its half-year profit declined amid provisions at Novitas, though it raised its payout.

The tough call for the ECB

STOXX 600 little changed

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SVB crisis may see money moving to larger banks, T-bills

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SVB CRISIS MAY SEE MONEY MOVING TO LARGER BANKS, T-BILLS (0901 GMT)

LONDON MARKET OPEN: Europe opens mixed as SVB worries rattle Asia

(Alliance News) - Stock prices in London opened largely lower on Tuesday, with the fallout from the Silicon Valley Bank collapse still reverberating around global markets.

Close Brothers profits hit by Novitas provisions

(Sharecast News) - Merchant bank Close Brothers said on Tuesday that it had been a "challenging" first half, posting a drop in profits as it was hit by provisions related to the Novitas loan book.

LONDON BRIEFING: TP ICAP profit up; impairments sting Close Brothers

(Alliance News) - Shares in London are called to open lower on Tuesday, amid Silicon Valley Bank contagion worries and inflation concerns, ahead of a US consumer price index reading.

Europe eyes tentative stabilisation after two-day rout

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EUROPE EYES TENTATIVE STABILISATION AFTER TWO-DAY ROUT (0731 GMT)

UK earnings, trading statements calendar - next 7 days

Peel Hunt downgrades Close Brothers, cites Novitas provisions

(Sharecast News) - Peel Hunt downgraded Close Brothers on Friday to 'hold' from 'add' and cut the price target by around 18% to 1,031p as it lowered earnings per share estimates by 55% for FY23 and by 4% for FY24 and FY25.