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  • Credit Suisse Group (NYSE:CS) Broker Price Targets For The Coming Week

    June 9, 2017 9:33 PM 12

    Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Credit Suisse Group (NYSE:CS). According to the the latest analyst ratings which have been released, 0 brokers have issued a rating of “buy”, 0 brokers “outperform”, 1 brokers “hold”, 0 brokers “underperform” and 0 brokers “sell”. 02/17/2017 – Credit

  • Britain's exports hit record of £85bn as fall in the pound sparks booming demand from around the world

    June 9, 2017 8:50 PM 9

    Exports of British goods have soared to a record high amid booming demand around the world, official figures showed. The UK shipped £84.8billion of goods to overseas buyers from February to April – up 18 per cent on the same period last year. In a sign that Britain is becoming less reliant on the Continent for trade, sales to the EU were up 16.4 per cent to £40.4billion

  • Stamp dealer Stanley Gibbons soars 18% after shock takeover bid from former owner of Wagamama

    June 9, 2017 8:50 PM 11

    In first-class news for investors, shares in stamp dealer Stanley Gibbons soared 18 per cent yesterday after a surprise approach from the former owner of Wagamama. Disruptive Capital Finance, led by former Boris Johnson adviser Edi Truell, 54, has made an unsolicited approach for the 161-year-old firm. Stanley Gibbons said there was no certainty an offer

  • DIRECTOR'S DEALS: Allied Minds chairman and CEO snap up more than £200k of shares

    June 8, 2017 10:25 PM 8

    Both the chairman and chief executive of Allied Minds have snapped up shares in their company. The US venture capital firm, which is listed in London, funds and builds technology companies out of ideas formed in university laboratories. Peter Dolan, 61, who has been chairman for two years, bought 83,800 shares for 139.9p each – an outlay of £117,236. Jill Smith

  • Online fashion upstart Boohoo seeking £50m from investors to fund mega-warehouse

    June 7, 2017 9:14 PM 8

    Online upstart Boohoo is seeking £50million from investors to fund a blockbuster warehouse as stellar growth continues. The company wants to build a £150million store to expand its business. It recently bought US retailer Nasty Gal and Pretty Little Thing – a website set up by its co-founder’s sons. It said the new facility, scheduled to be completed

  • Streuth mate! Australia toasts 26 years of economic growth thanks to raw materials boom

    June 7, 2017 8:50 PM 8

    Australia has notched up yet another quarter of economic growth – meaning it has avoided recession for the last 26 years. Figures yesterday showed the economy grew by 0.3 per cent in the first three months of 2017, sparking claims it has gone longer without recession than any country in modern history. But analysts pointed out that Japan avoided recession

  • Isas fall out of fashion as rates tumble with savers withdrawing £914m from the accounts in April

    June 7, 2017 7:38 AM 8

    In April, savers withdrew an unprecedented £914 million from these accounts. Typically, it is the month when money piles in as savers look to use up their annual allowance — £20,000 for this tax year. In April last year they saved £495 million. It is the third consecutive month money has flowed out. In February, savers withdrew £51 million, and £682 million

  • MARKETS LIVE: London shares in the red as investors squirm over inconsistent opinion polls ahead of the election

    June 6, 2017 11:55 AM 9 1

    The election will dominate the session after a latest poll showed British Prime Minister Theresa May's lead over the Labour Party had narrowed to just 1 percentage point. Opinion polls have been mixed in recent days and other leading polling firms have given wider leads for the Conservatives, ranging as high as 11 and 12 points. After the London Bridge

  • Britain's economy picks up pace after slow start to the year despite election fears

    June 5, 2017 8:50 PM 12

    Britain's economy has picked up pace after a slow start to the year despite worries about the general election, the latest figures show. The economy is on course to expand by 0.5 per cent in the second quarter of the year, up from growth of 0.2 per cent in the first quarter, according to a report by IHS Markit. Businesses are also hiring with around

  • For OPEC, Saudi-Qatar Crisis Is Just the Latest Family Squabble

    June 5, 2017 12:34 PM 10

    The diplomatic clash between Qatar and three Arab allies flared regional tensions and caused oil prices to jump. For OPEC, it’s likely to remain business as usual. Saudi Arabia and three other Arab countries severed most diplomatic and economic ties to Qatar to punish the nation for its links with Iran and Islamist groups. Although most of the countries