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Footsie falls as Syria dominates mood 27 Aug 2013 | 05:08 pm
The sun may be out over most of the UK but it was a gloomy start to the working week as Footsie trailed lower. The index of leading shares is down around 40 points to 6,452 with travel firms and ban...
"Sell in May" a non-runner this year (again) 27 Aug 2013 | 04:48 pm
It’s been a great summer of sport – unless you are an Australian – but it will soon be time for fund managers and stockbrokers to quit the networking and get back to the day job. Saturday, 14 Septemb...
US OPENING NEWS INCLUDING: Russia has added about 6.3 tons of gold to reserves in July 27 Aug 2013 | 04:25 pm
America has issued the strongest signal yet that it intends to take military action against Syria over an alleged chemical weapons attack. German IFO - Business Climate (Aug) M/M 107.5 vs. Exp. 107.0...
Broker Spotlight: Shops and planes in brokers' sights 27 Aug 2013 | 04:24 pm
It seems the analysts have emerged from their mid-summer slumber a little early this year and are starting to re-assess which stocks are in and which are out. Shops and planes seemed to be the main t...
Oil Column: Cairn Energy won’t waste US$850mln on exploration 27 Aug 2013 | 04:00 pm
Cairn Energy (LON:ENQ) won’t waste US$850mln on exploration despite investor fears to the contrary, according to City firm Liberum. In a note, following last week’s interims, analyst Kate Sloan toppe...
Herencia Resources: Former MD Mike Bohm to leave company 27 Aug 2013 | 03:50 pm
Herencia Resources (LON:HER) has announced that former managing director Mike Bohm is to leave the company due to external work commitments. Bohm, who will remain a committed shareholder in Herencia,...
UPDATE - Medusa says commissioning of new mill almost complete 27 Aug 2013 | 03:45 pm
---ADDS BROKER COMMENT AND SHARE PRICE--- Medusa Mining (LON:MML, ASX:MML) said the commissioning of the new US$70mln mill at its Co-O mine in the Philippines is “nearing completion”. The upgrade wi...
Citi sees light for Marks & Spencer as upgrades to 'buy' 27 Aug 2013 | 03:34 pm
An improving picture of the British economy and management initiatives at High Street retailer Marks and Spencer (LON:MKS) have prompted an upgrade to 'buy' from 'neutral' on the shares. It comes fro...
Westhouse doubles @UK’s price target after stock rallies 27 Aug 2013 | 03:29 pm
Westhouse Securities has reacted to @UK’s (LON:ATUK) strong share price run by doubling its target price to 50p. The AIM-listed e-procurement specialist, which has just signed up Visa as a partner, h...
IAG downgraded, Ryanair upgraded as Investec re-assesses airlines 27 Aug 2013 | 03:19 pm
Eyes to the skies everyone: Investec has taken a look at the European airline sector, which it thinks is headed for a bumpier ride next year. That said, it has upgraded Ryanair (LON:RYA) to ‘buy’ fro...
