(ShareCast News) - The FTSE 100 had a rollercoaster start to the day on Tuesday, but was down 12.29 points (0.19%) by mid-afternoon to 6,349.51. The biggest faller was Standard Chartered after it posted a disappointing set of third quarter results. The bank said they were hit by challenging market c
Read more(ShareCast News) - Aerospace and defence engineer Meggitt rallied after Barclays reiterated its 'overweight' rating on the shares, saying the stock was "too cheap to ignore". Meggitt's shares plunged last week after warning that full-year profits will miss its £369m forecast, due to fewer contracts
Read more(ShareCast News) - Housebuilders were under pressure after Liberum downgraded its stance on Barratt Developments, Persimmon and Taylor Wimpey to 'sell' from 'hold'. "We believe the largest housebuilders' valuations are too optimistic to withstand the gross margin pressure that we expect in the comin
Read more(ShareCast News) - Getech Group: WH Ireland downgrades to sector perform, cuts target price to 40.00p. Kingfisher: JP Morgan Cazenove initiates new coverage with an underweight, sets target price at 320.00p. Intercontinental Hotels Group: Nomura reiterates to neutral, cuts target price to 2698.00p.
Read moreLONDON, Oct 19 (Reuters) - A slowing global economy is likely to darken the outlook for UK dividends as companies cut back to protect their balance sheets, after a record third quarter for shareholder payouts, a report said on Monday. While UK dividends are still expected to grow some 3 per
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