Friday, 4th September 2015

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News & Reports

Karen Millen shelves MBO plans

Fri 4th Sep 15, 12:28:47

Oliver Haill

(ShareCast News) - The owners of high street fashion retailer Karen Millen have mothballed a planned management buy-out, leading to the departure of chief executive Mike Shearwood.

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US pre-open: Futures turn south ahead of jobs report

(ShareCast News) - US stock futures edged lower on Friday ahead of an eagerly-awaited jobs report that could shed light over the timing of a first interest rate hike by the Federal Reserve. 1 hour ago

London midday: Stocks slide ahead of US non-farm payrolls

(ShareCast News) - UK stocks were beating a retreat on Friday as investors awaited the US non-farm payrolls report that could provide clues as to when the Federal Reserve will raise interest rates for the first time in nine years. 2 hours ago

Asian stocks extend losses as investors remain jittery ahead of US employment report

(ShareCast News) - Equity markets fell across the board in Asia, as the prospect of an imminent rate hike by the US Federal Reserve weighed on sentiment. 3 hours ago

Europe midday: Shares drop as investors eye US jobs report

(ShareCast News) - European stocks fell on Friday following strong gains in the previous session, as investors awaited the release of the latest US employment report. 2 hours ago

Market overview: UK new car registrations rise 9.6% in August

(ShareCast News) - 1116: British new car registrations surged in August, as buyers were buoyed by new financing deals, an industry body said on Friday. The Society of Motor Manufacturers and Traders said new car registrations jumped 9.6% year-on-year last month to 79,060 units, after growing 3.2% in July and 12.9% in June. 2 hours ago

Merrill downgrades BP, cites mounting M&A and dividend risks

(ShareCast News) - Bank of America Merrill Lynch downgraded oil giant BP to 'underperform' from 'neutral' and slashed its price target to 330p from 420p. 4 hours ago

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