Monday, 20th October 2014

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News & Reports

Credit Suisse lowers Spectris target on weakess in China and Germany

Mon 20th Oct 14, 11:20:39

Analysts at Credit Suisse on Monday lowered their estimates for the instrumentation and controls manufacturer Spectris due to a raft of factors, including weakness in China and Germany.

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Warm weather hits UK shopper numbers in September, BRC says

Shopper numbers fell last month against a year ago as the unusually warm autumn weather kept people out of shopping centres. 1 hour ago

Royal Mail to hire 2,000 fewer temporary workers this Christmas

Royal Mail will recruit just 19,000 temporary workers this year to handle its busy holiday season, meaning 2,000 fewer people than last year will be around to help organise and post parcels. 3 hours ago

Rolls-Royce receives raft of further broker downgrades

Analysts at JPMorgan Cazenove, Investec and Liberum have all taken a more cautious view on Rolls-Royce after the engine maker lowered its full-year revenue guidance last week. 2 hours ago

Liberum names IAG, Ryanair and Easyjet as top European airline picks

Liberum has highlighted UK-listed IAG, Ryanair and Easyjet as its top picks across the European airline sector, saying it sees "opportunities for the brave" despite sentiment remaining fragile across the industry. 2 hours ago

UK mortgage lending slowed in September, says CML

British mortgage lending dropped last month amid global economic woe and uncertainty over interest rate hikes, data showed on Monday. 2 hours ago

BBA Aviation buys business from US cargo airline Ameriflight

BBA Aviation's Signature Flight Support business has agreed to acquire the fixed-base operator (FBO) assets of Wiggins Airways at Manchester-Boston Regional Airport from US cargo airline Ameriflight for $16.2m. 2 hours ago

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