Wednesday, 10th February 2016

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News & Reports

Broker tips: Shire, Dunelm, Glencore

Wed 10th Feb 16, 13:38:51

Renae Dyer

(ShareCast News) - RBC Capital Markets upgraded Shire to 'outperform' from 'sector perform', keeping the $240 price target ahead of the company's fourth quarter results on Thursday.

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Pinewood still growing as it mulls possible sale

(ShareCast News) - Pinewood Studios was holding steady on its growth trajectory in the second half of the year, as the company revealed it was undergoing a strategic review that could lead to its sale. 3 hours ago

Asahi offers to get SABmiller's beers in

(ShareCast News) - Japan's Asahi has offered to pay 2.55bn to acquire SABMiller's Peroni, Grolsch, and Meantime beer brands from Anheuser-Busch InBev to help the merger swerve competition concerns. 1 hour ago

Real Good Food buys Devon-based Chantilly Patisserie

(ShareCast News) - Real Good Food's wholly-owned subsidiary Haydens Bakery has bought Chantilly Patisserie for £1.75m, using existing cash resources. 1 hour ago

Tighter financial conditions could weigh on economic outlook, Fed's Yellen says

(ShareCast News) - Financial conditions in the US have become "less supportive" of economic growth and could weigh on the outlook should they persist, the chair of the US Federal Reserve, Janet Yellen, would tell Congressmen on Wednesday, according to the prepared remarks for her testimony. 1 hour ago

US pre-open: Investors standing by for Yellen's testimony

(ShareCast News) - US futures had risen in anticipation of Janet Yellen's testimony to the House Financial Services Committee on Wednesday. 1 hour ago

GW Pharma losses increase ahead of key epilepsy trial results

(ShareCast News) - Cannabis-derived medicines specialist GW Pharmaceuticals posted a £17.7m loss in the first quarter as it gears up to report data from four Phase 3 trials for its Epidiolex product. 3 hours ago

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