Tuesday, 6th October 2015

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News & Reports

Broker tips: Wood Group, UK Mail Group

Tue 6th Oct 15, 17:45:21

Alexander Bueso

(ShareCast News) - Barclays upgraded Wood Group to 'overweight' from 'equalweight', keeping its price target at 830p.

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Devro completes PVI deal

(ShareCast News) - Collagen products manufacturer Devro has completed the acquisition of Dutch sector peer PV Industries (PVI) for 12.5m (£8.88m). 6 hours ago

Commodities: Oil spikes but market doubts persist as IMF cuts global growth forecast

(ShareCast News) - Oil and gold futures spiked on Tuesday, while base metal trading remained mixed as the International Monetary Fund moved to cut its world growth forecast. 7 hours ago

Drum REIT acquires three properties in £20m deal

(ShareCast News) - Investment group Drum Income Plus Real Estate Investment Trust has completed the acquisition of three UK properties for a combined £20m. 6 hours ago

Glencore outlines impact of possible credit downgrade

(ShareCast News) - Glencore has released a summary of its financing arrangements, including a look at the impact if the company's credit rating gets downgraded. 5 hours ago

London close: Stocks end higher as miners and oil producers rally

(ShareCast News) - The FTSE reversed an earlier decline on Tuesday to end higher, led by mining and energy producers as oil and base metal prices rallied. 5 hours ago

Europe close: Markets advance amid mixed bag of economic data

(ShareCast News) - European stocks edged higher on Tuesday as investors mulled over a series of data releases amid expectations that central banks will continue with their easing monetary policies. 5 hours ago

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