Thursday, 30th July 2015

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Financial news

Market buzz - 8 hours ago

Thursday newspaper round-up: Banks, China, Bombardier

Alexander Bueso

(ShareCast News) - Despite billions of pounds in fines, several years of investigations and a slew of criminal prosecutions, many banks have yet to take on board the lesson of the market-rigging scandals, a report by the City watchdog has found. In a series of damning findings, the Financial Conduct Authority said that some lenders had yet to take even basic steps towards ensuring there could be no repeat of the Libor, foreign exchange and gold price manipulation scandals. - The Times

Company news - less than a minute ago

RPS's first-half profit drops on oil and gas weakness, but revenue rises

Michele Maatouk

(ShareCast News) - RPS Group posted a drop in first-half pre-tax profit following weakness in the oil and gas sector, although revenue rose as the consultancy company was able to offset the worst effects of the downturn thanks to the diverse range of its activities and geographies.

Broker tips - 23 minutes ago

Exane downgrades Melrose, expresses disappointment over Elster sale

Michele Maatouk

(ShareCast News) - Exane BNP Paribas downgraded Melrose Industries to 'neutral' from 'outperform' with an unchanged price target of 285p following news of the company's disposal on Wednesday.

Morning traders' note - 7 hours ago

Nikkei up snapping a four day losing streak

This is a daily global markets overview for the 30th July 2015 from the analyst team at Accendo Markets providing a snapshot of overnight activity and what can be expected in the markets today. The information is straight from the traders’ desks, with news and insights on equities markets, commodities, and forex.

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