Thursday, 24th April 2014

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HSBC downgrades Hammerson after recent run

Thu 24th Apr 14, 12:52

Benjamin Chiou

Despite reporting an decent first-quarter statement, retail-focused property group Hammerson received a ratings downgrade by HSBC on Thursday from 'overweight' to 'neutral' on the back of the stock's recent strong run.

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Berenberg highlights market share pressures at BSkyB

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Investec expects no litigation charges in Barclays' first quarter results

Ahead of Barclays' AGM, this afternoon, analyst Ian Gordon at Investec writes that: "As a generality, we regard the Barclays AGM as a circus which can be safely ignored." However, they quickly add that today's first quarter trading update was more detailed than expected and "appears to be a shade ahead of our expectations." 2 hours ago

London midday: Stocks at seven-week high as earnings impress

FTSE 100 at highest since March 6th; Apple, Facebook surge after the closing bell; AstraZeneca, Anglo American gain after updates. 1 hour ago

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