(ShareCast News) - Goldman Sachs cuts its target prices on General Retailers in the UK on expectations for lower non-food retail spending in 2017, to reflect movements in foreign exchange rates and on the basis of a now higher estimated UK equity risk premium. Combined, those three factors drove an
Read more(ShareCast News) - Analysts at Credit Suisse slashed their target prices for Marks&Spencer and Next stock on the back of expectations for lowering economic growth in the UK and weakness in sterling. The Swiss broker said that following the referendum result it now expected British GDP to shrink by 1
Read more(ShareCast News) - George Osborne will threaten today to put 2p on the basic rate of income tax, raise fuel duty and slash spending on health, education, defence and pensions in an emergency budget in the weeks after a Brexit vote. In the Remain campaign's most explicit ultimatum to voters, the chan
Read more(ShareCast News) - Kingfisher has booked total first quarter sales of £2.7bn, up 5.1% in reported terms and ahead 3.6% in like-for-like constant-currency terms. "We have made a solid start to the year, trading in line with expectations," said chief executive Véronique Laury. "I am pleased with the
Read more* FTSE 100 index flat * Set to post fourth straight month of gains * Hits one-month high before easing * Inmarsat falls ahead of FTSE reshuffle (Recasts, adds detail and quote, updates prices) By Kit Rees and Atul Prakash LONDON, May 31 (Reuters) - Britain's top sh
Read more* UK's top share index up 1.4 pct at close * RBS leads banks higher * Old Mutual gains after confirming approaches for stake * Coca-Cola HBC hit by stake sale (Updates prices at close) By Kit Rees and Alistair Smout LONDON, May 24 (Reuters) - Britain's top share in
Read more(ShareCast News) - Standard Chartered: Macquarie reiterates to outperform with a 440p target. Britvic: Goldman Sachs stays at buy with a 838p target. Premier Oil: JP Morgan keeps at neutral with a target price of 61p. RBS: Deutsche Bank reiterates hold with a target of 239p. BT: Macquarie reitera
Read more* UK's top share index up 1.4 pct * RBS leads banks higher * Old Mutual gains after confirming approaches for stake * Coca-Cola HBC hit by stake sale (Adds detail, updates prices) By Kit Rees and Alistair Smout LONDON, May 24 (Reuters) - Britain's top share index r
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