Thursday, 17th April 2014

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Broker tips: Imperial Tobacco, Legal & General, GlaxoSmithKline...

Thu 17th Apr 14, 13:13

Goldman Sachs has removed Imperial Tobacco from its 'Conviction List', saying it sees less potential upside from current levels. Nevertheless, the bank kept its 'buy' recommendation and 2,780p target price.

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US weekly unemployment claims come in below forecasts

Initial weekly unemployment claims increased by 2,000 in the week ending on April 12th, to reach 304,000, according to the Department of Labour. 17 minutes ago

Goldman positive on Imperial Tobacco, but sees less potential upside

Goldman Sachs has removed Imperial Tobacco from its 'Conviction List', saying it sees less potential upside from current levels. 47 minutes ago

Legal & General the top pick in changing UK life insurance sector, says Berenberg

Berenberg has said that Legal & General remains its 'preferred play' in the life insurance sector following the recent major shake-up of the annuity and savings markets in the UK. 1 hour ago

RBS-commissioned report clears bank of SME fraud

RBS has announced a range of new measures to support smaller businesses when they get into trouble, after a report commissioned by the bank claimed it had found no evidence of systematic fraud towards its business customers. 59 minutes ago

London midday: Markets flat as Ukraine crisis dampens risk appetite

Ukraine turmoil continues as clashes turn deadly; Investors cautious ahead of four-day weekend; US corporate earnings in focus; Diageo, Remy Cointreau dampen sentiment in beverage sector. 2 hours ago

GSK guidance looking 'increasingly challenging', says UBS

UBS has reduced its target price for GlaxoSmithKline (GSK) from 1,650p to 1,500p, saying that forecasts for earnings growth may continue to prove elusive for the pharmaceutical group. 2 hours ago

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