Tuesday, 13th October 2015

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News & Reports

JPMorgan ups Glaxo to 'neutral', says consensus now looks achievable

Tue 13th Oct 15, 12:24:08

Michele Maatouk

(ShareCast News) - JPMorgan Cazenove upgraded GlaxoSmithKline to 'neutral' from 'underweight' and lifted the price target to 1,370p from 1,320p.

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Twitter to cut 8% of global workforce amid restructuring plan

(ShareCast News) - Social media giant Twitter is poised to slash almost 8% of its global workforce after unveiling a restructuring plan. 36 minutes ago

ECB may postpone QE increase until December, BofA says

(ShareCast News) - The European Central Bank would refrain from another dose of quantitative easing a little longer than had been expected, analysts at Bank of America-Merrill Lynch said in a report dated 13 October. 17 minutes ago

Next Fifteen interim profits lifted by acquisitions

(ShareCast News) - Profits at Next Fifteen grew by a third in the first half of the year and the public relations group said current trading left it confident of hitting full year results despite increased internal investment. 3 hours ago

Proactis jumps as annual profit and revenue surge on acquisitions

(ShareCast News) - Business software provider Proactis Holdings posted a sharp increase in annual pre-tax profit, on the back of acquisitions it completed last year. 2 hours ago

Auhua Clean Energy slumps as chairman resigns

(ShareCast News) - David Sumner has resigned as chairman of Auhua Clean Energy, the environmental technology group said on Tuesday. 2 hours ago

Circle Oil delighted with results from latest well

(ShareCast News) - Circle Oil's chief executive is delighted with the results from their latest well in Morocco. 3 hours ago

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