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Broker tips: HSBC, RBS, Marston's
Analysts at JPMorgan downgraded global banking giant HSBC to 'underweight' from 'neutral' on Wednesday, noting the troubled outlook for revenue growth might weigh on prospects for the lender's return on tangible equity for longer than previously thought.
Director dealings: Low & Bonar execs up stake
Low & Bonar chairman Daniel Dayan purchased 364,560 ordinary shares in the London-listed building materials outfit on Wednesday.
Ryanair to open new airport in Toulouse, reaches agreement with BeCA
Low-cost carrier Ryanair revealed that it will open a new airport in Toulouse in October.
US open: Small gains at the open as US-Sino relations remain in focus
Wall Street opened slightly higher on Wednesday as investors mulled over the latest developments in Sino-US trade relations and looked to the release of Federal Reserve minutes later in the day.
JPMorgan downgrades HSBC to 'underweight', cuts target
Analysts at JPMorgan downgraded global banking giant HSBC to 'underweight' from 'neutral' on Wednesday, noting the troubled outlook for revenue growth might weigh on prospects for the lender's return on tangible equity for longer than previously thought.
McBride tumbles after profit warning
European manufacturer McBride warned investors on Wednesday that its full-year adjusted pre-tax profits would come in roughly 10-15% lower than in the year before, as it struggles to cut back on raw material and logistics expenses.
Manufacturers warn no-deal Brexit will 'kill off' some sectors
UK manufacturers have warned the government that leaving the EU without a deal would be "catastrophic" for the sector and that the prospect of applying zero tariffs on imported goods as a consequence would kill off certain sectors of industry "overnight".
Lidco's recurring revenues soar as HUP offering picks up steam
Hemodynamic monitoring outfit Lidco saw recurring revenues soar in its last trading year after the group made continued progress with its high usage programme (HUP) business model in the first 18 months since its launch.
Enteq revenues soar in second half
Oilfield services group Enteq Upstream expects revenue and underlying earnings from its soon to be wrapped up trading year to be "materially ahead of expectations".
Gooch & Housego shares tank as demand declines
Photonics manufacturer Gooch & Housego warned investors on Tuesday that it had seen a downturn in demand for its products in the first four months of its trading year.
Castleton Technologies acquires Indian business
Software and services provider Castleton Technology has snapped up the firm previously known as CarbonNV InfoLogic India for a total consideration of £350,000.
IMImobile names Bruce Bales as North American CEO
Cloud communications software provider IMImobile appointed industry veteran Bruce Bales to take on the role of North American chief executive on Wednesday.