Friday, 12th February 2016

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News & Reports

SuperGroup founder sells 4m shares, reportedly to fund divorce

Fri 12th Feb 16, 11:04:01

Michele Maatouk

(ShareCast News) - The founder of SuperGroup - the company behind the popular Superdry fashion brand - has sold 4m shares due to "personal circumstances" amid reports he plans to use the proceeds to fund his divorce.

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Reduced leverage may have unintended consequences, Citi cautions

(ShareCast News) - Selling in financial markets around the world thus far has been 'orderly' but the trends in certain market metrics were pointing to the risk that regulators had got it badly wrong in assuming reduced leverage on the part of financial institutions had made the financial system safer, Citi told clients on Friday. 19 minutes ago

Asia report: Japan leads another red Friday

(ShareCast News) - Asian markets sank on Friday, as investors continued their week-long run for cover and offloaded their riskier assets. 1 hour ago

Tullow Oil downgraded by Exane as sector challenges highlighted

(ShareCast News) - Tullow Oil has been downgraded from 'outperform' to 'neutral' by Exane BNP Paribas, as it signalled the challenges for the oil exploration and production sector are "worse than we thought". 3 hours ago

US dollar set to retreat to 95 yen by the end of 2016, Barclays says

(ShareCast News) - Strength in the Japanese yen was set to continue throughout 2016 as the 'over-shooting' versus other currencies engineered by the country's central bank unraveled like a 'coiled spring', Barclays said. 47 minutes ago

Oxford Instruments appoints Gavin Hill as group FD

(ShareCast News) - Provider of high-technology tools and systems Oxford Instruments announced the appointment of Gavin Hill as group finance director effective from 9 May following the resignation of Kevin Boyd. 1 hour ago

Eurozone GDP up as expected in fourth quarter

(ShareCast News) - Eurozone GDP grew 0.3% in the fourth quarter, in line with the previous quarter and economists' forecasts, according to a flash estimate from Eurostat. 2 hours ago

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