Thursday, 24th July 2014

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Broker tips: Easyjet, Unilever, Lancashire Holdings,

Thu 24th Jul 14, 12:42

Recent share-price weakness and a positive third-quarter trading update at Easyjet has prompted Panmure Gordon to lift its stance on the stock from 'hold' to 'buy'.

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US pre-open: Facebook, Ford earnings help futures higher

US stocks are expected to rise on Thursday, with the S&P 500 likely to reach a fresh all-time high, helped by a positive reaction to earnings from heavyweights Facebook and Ford. 1 hour ago

Fraud investigation launched at Alstom's UK arm

The Serious Fraud Office (SFO) has launched criminal proceedings against the UK arm of French engineering conglomerate Alstom, which accepted a takeover bid from US giant General Electric earlier this year. 1 hour ago

Numis upgrades Lancashire on valuation discount

Numis Securities has upgraded Lancashire Holdings from 'add' to 'buy' on the back of the stock's valuation discount to others in the sector following an in-line second quarter from the insurer. 1 hour ago

Electrocomponents disappoints despite improving group revenues

Softer trading in France and the UK meant the first-quarter update from Electrocomponents disappointed investors despite improving group revenue growth. 34 minutes ago

IAG to cut up to 1,427 jobs at Iberia after deal with unions

An agreement has been reached between International Airlines Group (IAG) and its main trade unions that could see as many as 1,427 jobs slashed at Iberia. 2 hours ago

GBP/USD: The 1,7060 support was finally broken

The cable's constant visits to the 1.7060 support made ShareCast analysts think of the proverb about how the "the pitcher goes to the well once too often". 2 hours ago

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