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Stock Market & Financial Investment News

News Breaks
December 27, 2012
07:38 EDTLYG, RBS, BCS, HBCBank lending to companies in U.K. declines, WSJ reports
In the U.K., bank lending to companies declined last month, a result of the weak economy and as doubts rise about the prospects of the Bank of England and U.K. Treasury's program to increase the credit supply, reports the Wall Street Journal. The British Bankers' Association today showed lending to companies outside the financial sector fell by GBP 3.1B ($5B) in November, the biggest drop since June. Reference Link
News For RBS;HBC;BCS;LYG From The Last 14 Days
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November 6, 2014
09:59 EDTLYGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ANSYS (ANSS) downgraded to Hold from Buy at Benchmark Co.... AcelRx (ACRX) downgraded to Neutral from Buy at Mizuho... American Eagle Energy (AMZG) downgraded to Market Perform from Outperform at Northland... American Electric (AEP) downgraded to Market Perform from Outperform at Wells Fargo... Blucora (BCOR) downgraded to Market Perform from Outperform at Barrington... ChemoCentryx (CCXI) downgraded to Market Perform at Cowen... Coeur Mining (CDE) downgraded to Sell from Hold at Deutsche Bank... Cornerstone OnDemand (CSOD) downgraded to Equal Weight from Overweight at Stephens... Cott Corp. (COT) downgraded to Hold from Buy at Stifel... Dassault Systemes (DASTY) downgraded to Neutral from Buy at Citigroup... Duke Energy (DUK) downgraded at Evercore ISI... Enphase Energy (ENPH) downgraded to In-Line from Outperform at Imperial Capital... Fiesta Restaurant (FRGI) downgraded to Neutral from Buy at Longbow... Fox Factory (FOXF) downgraded to Neutral from Outperform at RW Baird... Genworth (GNW) downgraded to Neutral from Buy at Compass Point... Hormel Foods (HRL) downgraded to Market Perform from Outperform at BMO Capital... IntercontinentalExchange (ICE) downgraded to Hold from Buy at Deutsche Bank... Ironwood (IRWD) downgraded to Sell from Hold at Cantor... Lloyds Banking (LYG) downgraded to Market Perform from Outperform at Bernstein... Meridian Bioscience (VIVO) downgraded to Neutral from Outperform at RW Baird... Neenah Paper (NP) downgraded to Neutral from Buy at DA Davidson... Philip Morris (PM) downgraded to Underperform from Outperform at CLSA... ProAssurance (PRA) downgraded to Market Perform from Outperform at Raymond James... Rex Energy (REXX) downgraded to Neutral from Outperform at RW Baird... S&T Bancorp (STBA) downgraded to Neutral from Buy at Guggenheim... Solazyme (SZYM) downgraded to Market Perform from Outperform at Cowen... Sykes Enterprises (SYKE) downgraded to Neutral from Outperform at RW Baird... Tangoe (TNGO) downgraded to Hold from Buy at Stifel... Web.com (WWWW) downgraded to Neutral from Overweight at JPMorgan... WesBanco (WSBC) downgraded to Neutral from Buy at Guggenheim... Wisconsin Energy (WEC) downgraded to Market Perform from Outperform at Wells Fargo.
07:18 EDTBCSBarclays anticipates less bankers making top wages on revamp, Bloomberg says
Barclays head Antony Jenkins said that the company will have less “very highly paid” employees after it finishes overhauling its investment banking division, according to Bloomberg, citing comments from Jenkins. The CEO noted that this plan is "in-line" with the bank's strategy. Reference Link
06:09 EDTRBSRBS retreat could include central and eastern Europe, FT reports
Royal Bank of Scotland could exit central and eastern Europe and the Middle East as it looks to reduce its non-U.K. activities to under a quarter of its assets over the next few years, the Financial Times reports. The bank, which has hired PwC to advise on its strategic review, said it is "looking at options" across the central and eastern Europe, Middle East and Africa units, though no decisions have been made. Reference Link
05:55 EDTLYGLloyds Banking downgraded to Market Perform from Outperform at Bernstein
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