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Market reports from Share Cast

• US close: US markets trade higher on bullish economic data
  24 May, 2013 21:25
  Dow Jones Industrial Average: 15,303 (0.06%)

• London close: Stocks off again, Yen keeps strengthening
  24 May, 2013 16:15
  London equities finished lower for a second straight day, with investors being put off by the recent gyrations in the market, although the early close of some US markets ahead of the Memorial Day weekend may also have played a role.

• US open: Stocks down, Yen still strengthening
  24 May, 2013 15:53
  The major US equity market averages are now moving moderately lower.

Press round-up from Share Cast

• Friday newspaper round-up: HSBC, British Land, Tesco...
  24 May, 2013 06:50
  According to The Guardian, the 1.9bn-dollar settlement deal that HSBC agreed with US authorities over money-laundering offences, could be at risk, meaning that the bank could face criminal charges. The original settlement meant that HSBC wouldn't face pro

• Thursday newspaper round-up: Ocado, UK Mail, Hibu...
  23 May, 2013 06:54
  The Telegraph says that Waitrose head Mark Price is refusing to meet with Ocado chief Tim Steiner after the online grocery group agreed to help rival Morrison develop an online shopping website.

• Wednesday newspaper round-up: Japan, BP, RBS and Lloyds...
  22 May, 2013 06:51
  The Bank of Japan has held off on new monetary easing, according to the Financial Times, "judging that the huge stimulus unveiled in April will be enough to spur price gains in the world's third-largest economy". The central bank said that Japan has "star

Company news from Share Cast

• US broker round-up
  24 May, 2013 14:42
  Apple, CAT, P&G, Salesforce, Sherwin Williams

• Energy Technique completes share buy-back
  24 May, 2013 14:20
  Energy Technique, the AIM-listed industrial engineering company which operates UK air conditioning products manufacturer Diffusion has completed the buy-back of 470,000 ordinary shares of 10p each in the company from Elsina at a price of 42.5p per share.

• RBS hit by mobile banking app glitch
  24 May, 2013 13:43
  Royal Bank of Scotland (RBS)'s mobile banking application was down Friday morning in another IT failure following a major glitch last year.

Sector review from Share Cast

• Sector movers: Defensives thrive as investors scale back risk
  24 May, 2013 15:27
  With market sentiment still fragile following the heavy sell-off of the past two days, defensive sectors were thriving on Friday as investors refrained from taking risk ahead of the long weekend.

• Sector movers: Miners and banks fall as risk appetite wanes
  23 May, 2013 15:12
  Growth concerns hammered markets across the globe on Thursday, with banking and mining stocks bearing the brunt of the sell-off in London as the impressive year-to-date rally ran out of steam.

• Sector movers: Stocks gain as banks play down worries over capital targets
  22 May, 2013 15:08
  Banking stocks were in demand on Wednesday after playing down concerns about capital requirements and as speculation ramps up regarding the potential reprivatisations of both RBS and Lloyds.

Share research from Hargreaves Lansdown

• Smiths Group grows revenues and full year expectations remain in line
  24 May, 2013 09:35
  Third quarter interim management statement: Global technology firm Smiths Group said its expectations for the full-year remain unchanged. The FTSE 100 listed company saw underlying revenues and profits in the nine months were ahead of last year, albeit with a marginally differing mix by division. The outlook for the John Crane division (which provides services for major process industries including oil, gas and power generation) had improved over the last few months. The company had previously warned of slower demand

• Profits fall at Pennon Group
  23 May, 2013 13:55
  Full year results: Figures from the water and waste management company proved to be broadly in line with expectations, with previously announced difficulties at its waste management Viridor business impacting statutory pre-tax profits (-89.3%). The share price was barely changed in early afternoon trading. From 2007/08 until the first half of 2011/12, the fast growth in profits from recycling had more than offset the decline in annual landfill profits.  However, management noted that "recyclate prices have fallen back

• QinetiQ initiates a strategic review of its US business
  23 May, 2013 11:10
  Full year results: The group's results broadly reassured investors, with the share price down by around 2% in mid-morning trading on a generally negative day for wider stockmarkets. Management summarized performance as "robust in tough markets." The group's UK Services division was the stand-out performer according to management, demonstrating its unique strengths as well as the benefits of the company's self-help programme, with Global Products continuing to diversify into non-defence technologies such as space technology and power line sensors.  Less

Press tips from Share Cast

• Friday tips round-up: BTG, SAB Miller, Electrocomponents
  24 May, 2013 11:19
  Shares of BTG have been held back since the start of the year due to concerns regarding impending acquisitions. Nevertheless, now that these - and a 106.3m pound capital issue - are out of the way the stock should progress, says The Times's Tempus. The co

• Thursday tips round-up: Great Portland Estates, Capita, Primary Health
  23 May, 2013 07:09
  At a 33 per cent premium to their net asset value one could be forgiven for worrying that shares of Great Portland Estates are considerably overvalued. After all, that was the valuation reached just before the Great Bubble burst, with an all too familiar

• Wednesday tips round-up: Vodafone, Carnival, Telecom Plus
  22 May, 2013 06:57
  Despite the falls evident in yesterday's quarterly results, in what has traditionally been its main performance metric -organic service revenues - any weakness in Vodafone's share price looks like it would be a buying opportunity, says The Times's Tempus.

Broker tips from Share Cast

• Friday broker round-up UPDATE
  24 May, 2013 11:00
  Aveva: Panmure Gordon ups target price from 2076p to to 2091p keeping a hold recommendation. Investec takes target price from 2450p to 2500p and retains its buy recommendation. Credit Suisse increases target price from 2013p to 2240p, while staying with i

• Broker tips: StanChart, AVEVA, Thomas Cook
  24 May, 2013 10:50
  Investec has maintained its 'buy' rating and 1,900p target price for emerging markets-focused lender Standard Chartered, saying that the stock remains its top pick in the banking sector.

• Broker snap: Credit Suisse hikes AVEVA target but stays cautious
  24 May, 2013 10:20
  Credit Suisse has lifted its target price for engineering data and IT group AVEVA from 2,013p to 2,240p to reflect the company's cash return and a lower tax rate.

Directors dealings from Share Cast

• Hikma Pharmaceuticals shrinks stake
  24 May, 2013 15:36
  A round-up of the biggest director deals today so far.

• Wood Group Chairman sells 250,000 shares
  23 May, 2013 16:24
  A round-up of the biggest director deals today so far.

• Bodycote CEO reduces stake by 200,000 shares
  22 May, 2013 16:19
  A round-up of the biggest director deals today so far.