Monday, 22nd September 2014

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News & Reports

BAE is the place to be: high-end defence, UBS says

Mon 22nd Sep 14, 15:03:15

Analysts at UBS believe BAE Systems is in the right segments of the defence industry – aerospace and high-end technology – to capitalise on the increased emphasis on higher technology military operations.

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FTSE 100 movers: Tesco slides after revising H1 guidance

The downside was led by supermarket giant Tesco after the group downwardly revised its profit forecast for the six months ended 23 August, saying it had previously overestimated it by Ģ250m. The food retailer cited “accelerated recognition of commercial income” and “delayed accrual of costs” as the main factors behind the overstatement and announced it was working to establish what impact those items would have on the full year. 24 minutes ago

ECB stands ready to take further actions, Draghi says

In prepared remarks for his testimony on Monday before the European parliament (EP), European Central Bank (ECB) president Mario Draghi stated that the monetary authority is ready to take further action if deemed necessary. 26 minutes ago

Apple says iPhone 6 and iPhone 6 Plus sales topped 10m in first weekend

Tech giant Apple set a new record for sales in the weekend following a new product launch. 2 hours ago

Idox agrees to supply Fusion Live software to Colas Group

A global contract has been agreed between the engineering information managment (EIM) arm of AIM-listed Idox and Colas Group. 1 hour ago

Barclays to invest Ģ1bn in green bonds

Barclays plans to invest Ģ1bn in green bonds in a move that will treble its involvement in financing environmentally-friendly schemes. 2 hours ago

WPP acquires Chinese social media agency Teein

WPP's wholly-owned operating company VML has agreed to acquire Chinese social media agency Teein, the communications giant announced on Monday. 2 hours ago

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Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

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