Lloyds, Barclays, HSBC, Standard Chartered RBS added circa 20 points to the FTSE in London.
Standard Chartered (+3%). Also raised to buy at Maybank Kim Eng.
Lloyds (+2.65%) On Nomura’s list of preferred banks which have circa 30% additional upside to price targets
EXPERIAN (-4.56%) The world's biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of some 15m people who applied for service with T-Mobile US.
H&M (+0.09%) To open first store in India Friday with people queuing up since last night.
VW (-1.18%) As claims against Volkswagen AG for selling “clean diesel” cars that cheated their way past emissions tests pile up across the U.S., the key question for lawyers is which court will wind up hearing them. (BB) VW CEO, EPA called to testify at House Committee on Emissions Scandal.
VODAFONE (1.42%): UBS consider the recovery underestimated and expect VOD to deliver a solid quarter with +0.7% organic service revenue growth for Q2-16.
Schroders: (+2.55%) Raised to buy at Numis. Average 12 month target price at 3318p
Wall Street was already 100 points off when Trump suggested that the Fed shouldn’t be raising rates and whilst the Dow bounced marginally as the dollar receded, this wasn’t enough to stop the Dow closing near its session lows. The broader US market also closed…Read more
Wall Street finished predominantly higher overnight as more evidence of a strong US economy poured in and as corporate updates impressed. The S&P ended the session at a 5-month high and the Dow with a fifth straight positive close, as solid earnings booste…Read more
Bullish Powell Expects Rates To Keep Gradually Rising
In his appearance in front of the Senate Banking Committee Federal Reserve Chair Jerome Powell was unequivocal in his upbeat assessment of the US economy.
The US jobs market continues to impress with soli…Read more