Tuesday, 5th May 2015

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News & Reports

Barclays lowers European insurers on capital and earnings headwinds

Tue 5th May 15, 09:23:43

Barclays Capital has lowered its recommendation for the entire European insurance sector from 'neutral' to 'negative'.

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IMF asks for Greek debt-relief, yields rise

The International Monetary Fund has renewed its call for Greece's creditors to grant the country some relief on its debt payments if they want it to disburse its part of the remaining 7.2bn in overdue rescue funds to Athens. 5 hours ago

Asia: Stocks fall on weak Chinese data and RBA interest rate cut

Stocks in Asia were mostly down on Tuesday following Australia's interest rate cut and weak data from China. 1 hour ago

Jefferies upgrades Lloyds to buy

Jefferies raised its rating on Lloyds Banking Group to buy from hold and upped the target price to 102p from 88p Tuesday, saying that the earnings downgrade cycle has troughed for the bank. 1 hour ago

ITV completes acquisition of Talpa Media

Broadcasting group ITV has completed the acquisition of entertainment show producer Talpa Media. 2 hours ago

RBC downgrades Anglo American to 'underperform'

Mining stocks were out of favour on Tuesday in London with Anglo American in particular being pressured by a downgrade out of RBC Capital Markets. 2 hours ago

Election uncertainty weighs on UK construction activity in April

Construction activity in the UK slowed down sharply in April as uncertainty over the upcoming elections led clients to postpone their spending decisions. 2 hours ago

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Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

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