** Online gaming co Playtech up c.5 pct, top FTSE-250 riser in robust volume ** Traders cite short-term trade recommendation from Morgan Stanley on the stock ** Morgan Stanley, who has a "Buy" rating on Playtech with PT of 1030p, expect strong double-digit revenue growth to continue i
Read more(ShareCast News) - UK stocks ended Tuesday's session in the red after China's central bank devalued its currency, adding to concerns about the slowdown in the world's second largest economy. Overnight, the People's Bank of China cut the renminbi's daily fixed rate to the dollar by 1.9% to 6,228, the
Read more(ShareCast News) - Bookmaker Ladbrokes posted a 44% drop in first-half pre-tax profit and cut its interim dividend as the company took a hit from taxes and impairment charges, which included the closure of some of its shops. Pre-tax profit for the six months ended 30 June came in at £24.7m from £44m
Read more(ShareCast News) - City sources predict the FTSE 100 will open 13 points lower than Monday's close of 6,736.22. European equities are set to slip on the open following People's Bank of China moves, London Capital Group night dealer Jonathan Sudaria said. "The extreme 'one-off' devaluation in the y
Read moreLONDON, Aug 11 (Reuters) - Ladbrokes, the British bookmaker that agreed to buy Gala Coral last month, posted a 44 percent drop in adjusted first-half profit to 24.7 million pounds ($38 million), reflecting lower betting on football and a string of customer-friendly results. Exceptionals wer
Read more