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Stock market bears were out in force again this morning in London after thee overnight shake-out on Wall Street. Shares in hedge fund manager Man Group would be expected to plunge on a day when optimism about the economic recovery of the US is in short supply but the stock is also weighed down by
28 May 09 11:56Platinum miner Lonmin has been boosted by a positive note from Citigroup which said that the management came across as confident, 'but not recklessly over-confident' in a meeting with sell-side analysts this week. Citi believes Lonmin's bosses are right to be quietly confident, but added that the '
21 May 09 11:32After being bearish on the housebuilding sector since the second half of 2007, Credit Suisse now thinks the sector might have turned the corner. Improving economic data, some signs of life in the UK housing market, plus attractive valuations for many housebuilding stocks has prompted the Swiss bank
21 May 09 11:30Footsie gave up its recent indecisive spell to dive into the red after an unexpected fall in US retail sales tempered recent talk that we are on the cusp of an economic recovery. Financial shares were the worst performers in London, not helped by disappointing trading updates from Legal & General a
13 May 09 16:31Poor US retail sales figures prompted a quickening in the decline of blue-chip prices in London. US retail sales had been expected to rise in April but unexpectedly fell, bringing in to doubt hopes that the US economy is on the mend. Financial shares are the worst performers in London, not helped b
13 May 09 14:28
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