Full List Of Stories
Monday broker round-up
Ultra Electronics: Berenberg keeps at 'buy' but hikes target price from 2,730. 0p to 3,500. 0p.
Europe close: Stocks steady ahead of slew of corporate updates, Fed
European stocks finished on a mixed note after regulatory worries hit Chinese markets and ahead of a busy week for corporate earnings and economic data.
Tuesday preview: US data, Reckitt Benckiser in focus
The economic spotlight will be on the US on Tuesday, with durable goods orders figures for June set for release.
No breakthrough at latest US-China talks
Talks between top Chinese and US diplomats on Sunday and Monday reportedly ended in stalemate as China refused to budge on multiple foreign policy issues.
Berenberg expects Ultra Electronics takeover to proceed, hikes target price
Analysts at Berenberg hiked their target price for shares of Ultra Electronics sharply, from 2,730. 0p to 3,500. 0p and labelled the takeover proposal tabled by Cobham "attractive".
BoE's Vlieghe pushes back on calls for slowing monetary stimulus
A top Bank of England official pushed back on calls for the monetary authority to dial back on stimulus, arguing that inflationary pressures in the UK were transitory, while the pandemic remained a threat.
Liberum stays at 'hold' on Royal Mail, points out multiple headwinds
Analysts at Liberum kept their recommendation on shares of Royal Mail Group at 'hold', pointing out to clients the multiple headwinds that the parcel delivery company was facing.
Government looking at ways to exclude CGN from UK energy projects
The UK government is looking at ways to exclude China's state-owned China General Nuclear Corp. from all future power projects in the country.
Chinese crackdown on US-listed stocks signals start of 'Cold War', Roach says
Beijing's moves against US-listed Chinese firms may be signalling the start of a 'cold war' between the two countries, a well-considered expert said.