Tuesday, 26th July 2016

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News & Reports

Berenberg downgrades ARM as it lifts price target to reflect Softcat deal

Tue 26th Jul 16, 10:47:31

Michele Maatouk

(ShareCast News) - Berenberg downgraded ARM Holdings to 'hold' from 'buy' as it lifted the price target to 1,700p from 1,400p on the company's pending deal with Softbank.

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EasyJet flies lower on Liberum downgrade

(ShareCast News) - EasyJet flew lower on Tuesday as Liberum downgraded its stance on the stock to 'sell' from 'hold' and slashed the price target to 930p from 1,050p following the company's third-quarter update last week. 36 minutes ago

Amazon receives go-ahead from UK government to test drone delivery

(ShareCast News) - Amazon will begin to test its aerial drone parcel delivery system after announcing an agreement with the British government, putting to bed previous issues surrounding the use of the technology. 1 hour ago

Drax earnings drop amid weak commodity markets

(ShareCast News) - Drax Group posted a drop in underlying earnings for the first half of the year amid weak commodity markets and following the removal of the climate change levy exemption. 2 hours ago

Priest killed after knifemen take hostages at church new Rouen, France

(ShareCast News) - A priest has been killed at a church in Saint-Etienne-Du-Rouway, near Rouen, following an attack by two men armed with knives. 58 minutes ago

Ladbrokes, Coral must sell 350 to 400 shops to get merger clearance, says CMA

(ShareCast News) - The Competition and Markets Authority has confirmed that bookmakers Ladbrokes and Gala Coral will have to sell 350 to 400 shops in order to obtain clearance for their proposed merger. 2 hours ago

Big four supermarkets all lose ground to discounters post-Brexit

(ShareCast News) - Tesco, Sainsbury, Asda and Morrison lost further market share to discounters as the Big Four all saw sales drop in the weeks following the Brexit vote, though as a whole the sector saw sales bounce back slightly on previous months. 2 hours ago

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