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Europe open: Stocks start the day higher on Apple and China

21 Oct 2014 | 09:00

European stocks started the day with modest gains following the release of slightly stronger than expected economic data overnight in China.
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Market overview: ARM Holdings and GKN lead gains

21 Oct 2014 | 08:52

0845: Arm Holdings is in the lead early on after the release of its interims in what had been a rather lacklustre start to trading today on the Footsie. GKN is following in its wake despite telling investors that organic growth will be "modest" going forward. Propping sentiment are the better-than-expected results out from tech heavyweight Apple overnight. Stock in Asos is leaping 16% higher in early trades. Nevertheless, the tech giant's shares ended the after-hours session up by just 1.5%. GDP out in China printed slightly above economists' forecasts, but some analysts are highlighting the fact that the figures mark the slowest rate of expansion in five years. FTSE 100 up 3 points to 6,271.
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Tuesday broker round-up

21 Oct 2014 | 08:50

African Barrick Gold: JP Morgan cuts target price from 340p to 300p and stays with its overweight rating.
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Lamprell expects windfall from rig completion

21 Oct 2014 | 08:35

Oil services group Lamprell expects a financial windfall after completing construction of a second oil and gas rig for an unidentified client.
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London open: UK stocks flat on mixed earnings, Chinese data

21 Oct 2014 | 08:28

UK stocks fluctuated in early deals on Tuesday as investors gave a mixed reaction to a wave of blue-chip corporate earnings.
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Carpetright gets new chairman as founder Harris steps down after 57 years

21 Oct 2014 | 08:19

Carpet retailer Carpetright has appointed the chairman of pub group Mitchells & Butlers as its new chairman to replace group founder Philip Harris.
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BAE to buy US commercial cyber security provider

21 Oct 2014 | 08:17

Defence group BAE Systems is buying US group Perimeter Internetworking Corp. for $232.5m as part of its plan to expand its Applied Intelligence commercial cyber security business.
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