Wednesday, 22nd October 2014

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News & Reports

Broker tips: GSK, BHP Billiton, International Personal Finance, Supergroup

Wed 22nd Oct 14, 13:19:29

Hargreaves Lansdown says the City may take a more charitable view of Glaxosmithkline shares after the drug group announced higher third-quarter earnings per share and a streamlining of its business.

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FX round-up: Risk appettite picks up

Risk appetite was buoyed on Wednesday by speculation the ECB might move to expand the scope of its asset purchase programme to include corporate bonds. A slightly smaller than forecast slowdown in Chinese economic activity also propped up sentiment. 47 minutes ago

Commodities: Copper and oil gain on Chinese data

Three-month copper futures on the LME gained 1.66% to $6,669 per metric tonne out on the LME following a smaller than expected slowdown in Chinese economic growth in the third quarter. 1 hour ago

US pre-open: Futures flat after strong surge, consumer prices rise

US stock markets were set to open more or less flat on Wednesday after impressive gains registered the previous session, as investors sat on the fence after a mixed bag of corporate earnings. 1 hour ago

Asia helps to offset European dampener for Heineken

A wet summer in Europe dampened third quarter sales at Dutch beer giant Heineken, which rebuffed a takeover bid from rival SABMiller last month, although it stuck to annual profit forecasts. 2 hours ago

Market may need to revisit Glaxo stance, says Hargreaves Lansdown

Hargreaves Lansdown says the City may take a more charitable view of Glaxosmithkline shares after the drug group announced higher third quarter earnings per share and a streamlining of its business. 2 hours ago

Eurotunnel Q3 revenues boosted by UK recovery, strong traffic

Channel Tunnel operator Groupe Eurotunnel saw a 7% increase in turnover in the third quarter, helped by a recovering UK economy and strong traffic figures. 2 hours ago

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