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AB Foods slumps as majority shareholder sells 10.3m shares
ShareCast· 1 day agoAssociated British Foods was in the red on Friday after UBS said that its biggest shareholder,...
Government cuts NatWest stake to 22.5% after £1.24bn sale
ShareCast· 2 days agoThe government has sold a £1.24bn stake in NatWest, as the HM Treasury continues to reduce its...
Europe midday: Shares rally despite rise in May EZ inflation
ShareCast· 2 days agoEuropean shares rallied on Friday as investors digested higher-than-expected flash eurozone inflation data and awaited a key CPI measure from the US. Major regional bourses were lower with the ...
London midday: Stocks rise as broker notes lend a hand; US PCE eyed
ShareCast· 2 days agoLondon stocks had edged further into the black by midday on Friday, with broker notes helping to...
JPMorgan reiterates ‘overweight’ on Whitbread
ShareCast· 2 days agoJPMorgan Cazenove reiterated its ‘overweight’ rating on Whitbread on Friday as it said it continues to be one of its key convictions, and sees the recent...
STMicroelectronics unveils plans for €5bn chip plant in Italy
ShareCast· 2 days agoEurope semiconductor giant and Apple supplier STMicroelectronics on Friday announced plans to build...
Short-lived sunny spell helps boost UK supermarkets
ShareCast· 2 days agoUK supermarket sales pushed higher in May, industry data showed on Friday, boosted by a brief spell of warmer weather.
Jefferies reiterates 'buy' on National Grid, trims price target
ShareCast· 2 days agoJefferies trimmed its price target on National Grid on Friday as it reiterated its ‘buy’ rating on...
Headache for ECB as eurozone May inflation rises more than expected
ShareCast· 2 days agoEurozone inflation rose in May, according to official data published on Friday, as prices stubbornly refused to shift and indicating a tougher path ahead for the European Central Bank's monetary ...
UK consumer credit halves while mortgage approvals dip
ShareCast· 2 days agoThe amount of credit given to UK consumers halved in April, according to data out on Friday from the...