Tuesday, 21st April 2015

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News & Reports

Patagonia Gold appoints new CEO

Tue 21st Apr 15, 10:40:03

Mining group Patagonia Gold has appointed Christopher van Tienhoven as its new chief executive to replace Bill Humphries, who will remain with the company as executive director.

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Europe midday: Stocks mixed on earnings, German data and Greek debt

European stocks were mixed as better-than-forecast earnings from companies, including Actelion and SAP, offset an unexpected fall in German economic confidence and concerns over Greek debt. 1 hour ago

London midday: Stocks erase gains as ongoing Greek debt saga hits sentiment

After briefly coming close to their intraday record high, UK stocks dropped into the red by Tuesday lunchtime after data showed that the Greek debt saga was weighing on economic confidence in Germany. 1 hour ago

Utilitywise jumps on strong first half results and acquisition

Shares in Utilitywise rose over 5% on Tuesday, after the energy and water consultancy business said its first half pre-tax profit rose on the back of a sharp increase in revenue from its core Enterprise division. 2 hours ago

Pharma M&A rumbles on as generic drug giant Teva poised for Mylan merger

The recent trend for biotech mergers and acquisitions (M&A) is expected to continue on Tuesday as Israeli generic drug giant Teva Pharmaceutical Industries Ltd is said to be poised to launch a takeover of US rival Mylan NV. 2 hours ago

Kingfisher cut to 'sell' as Investec sees no sign of near-term pick-up

Kingfisher has been lowered from 'hold' to 'sell' by Investec, with the South African bank saying it sees no sign of a recovery at the DIY retailer any time soon. 2 hours ago

Broker tips: Rio Tinto, Anglo American, SABMiller, Kingfisher

Mining giants Rio Tinto and Anglo American were under the cosh in London as analysts at Barclays Capital lowered their recommendations on both stocks after slashing their commodity prices forecasts. 1 hour ago

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