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Broker tips: Unilever, Virgin Money, Playtech
Analysts at Berenberg upgraded their rating on consumer goods giant Unilever from 'hold' to 'buy' on Monday, stating the group was "repositioned for faster growth".
US open: Stocks mixed as USD surges
Wall Street trading got off to a mixed start on Monday as a surging dollar and heightened bond yields took centre stage.
Thor Mining launches drilling programme at Colorado assets
Diversified resource company Thor Mining has commenced drilling at its 100% owned Wedding Bell and Radium Mountain projects, located in the historic uranium-vanadium mining district of southwest Colorado.
Goldplat taps Gerard Kisbey Green for chairman
Gold producer Goldplat said on Monday that Gerard Kisbey Green would take over as chairman of the company, with immediate effect.
US pre-open: Futures lower as USD surges against GBP
Wall Street futures had stocks opening lower ahead of the bell on Monday as a surging dollar and heightened bond yields took centre stage.
Deutsche Bank nudges up price target on Playtech
Analysts at Deutsche Bank slightly raised their target price on software firm Playtech from 602. 0p to 607. 0p on Monday after the group delivered a "strong" first-half performance and a "positive assessment" of short and medium-term prospects.
Berenberg upgrades Unilever to 'buy'
Analysts at Berenberg upgraded their rating on consumer goods giant Unilever from 'hold' to 'buy' on Monday, stating the group was "repositioned for faster growth".
Unilever CEO to retire at end of 2023
Consumer goods giant Unilever revealed on Monday that chief executive Alan Jope will retire from the company at the end of 2023, after five years in the role.
Babcock YTD trading in line with FY expectations
Engineering services Babcock International said on Monday that trading in the first five months of the year was in line with internal expectations.
Supermarket Income REIT acquires Tesco site in Bristol
Property investor Supermarket Income REIT has acquired a Tesco supermarket, an Iceland Food Warehouse, and a number of complementary non-grocery units in Bristol for £84. 0m.
Frasers to make mandatory offer for MySale, Unilever CEO to retire
London pre-open The FTSE 100 was being called to open 15. 5 points higher ahead of the bell on Monday after shedding 1. 97% in the previous session to 7,018. 60.
US close: Stocks end session sharply lower
Wall Street stocks were firmly in the red at the close on Friday amid concerns that the central bank's aggressive monetary policy may send the US economy into a recession.