Tuesday, 27th January 2015

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London midday: Airlines rise, but FTSE lower after weak data, macro concerns

Tue 27th Jan 15, 12:01:01

Weaker-than-expected UK data and concerns over Russia weighed on London's stock exchange on Tuesday, as the market pulled back from its highest level in over four and a half months.

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Europe midday: Stocks decline as Moody's says Greece's election outcome is credit negative

European stocks were in the red as Moody's said Greece's election outcome is credit negative and as the EU considered further sanctions in Russia. 39 minutes ago

Entertainment One's sales ahead of targets with strong Peppa Pig franchise and TV growth

Entertainment One expects full year earnings to beat expectations after its Peppa Pig franchise brought home the bacon in the retail sector. 2 hours ago

Greece's election outcome is credit negative, Moody's says

Moody's Investors Service said the outcome of the elections in Greece were credit negative for the country's rating because it caused prolonged financial uncertainty as the anti-austerity party Syriza comes to head with the Troika (International Monetary Fund, European Commission and European Central Bank). 1 hour ago

Numis welcomes "encouraging" Q1 update from Easyjet, maintains 'buy'

Broker Numis Securities said it expects upgrades to consensus estimates for Easyjet after the budget airline impressed the market with its first-quarter update and positive outlook on Tuesday. 1 hour ago

Investec expects "disappointing" Q4 results from HSBC, downgrades to 'hold'

HSBC's share price was under pressure on Tuesday after broker Investec lowered its rating for the stock from 'add' to 'hold', saying that the bank's upcoming fourth-quarter results could disappoint. 2 hours ago

British Land enjoys strong quarter driven by good retail space sales

Property development and investment group British Land said it saw strong demand in retail space during its third quarter to December. 3 hours ago

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