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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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FIVE at FIVE: AstraZeneca jumps Pfizer, Royal Mail confusion, LVMH soars and Lloyds upgraded

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. AstraZeneca overtakes Pfizer

The British pharma giant overtook its US counterpart, with chief executive officer Pascal Soriot garnering praise for its success in the last decade.

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2. Royal Mail deal 'unclear'

The postal service's dispute-ending deal with the Communication Workers Union has left as many questions as it has answered, according to Liberum analysts.

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3. Luxury handbag maker worth half-a-trillion

Louis Vuitton Moet Hennessy (EPA:MC) saw its market cap exceed US$500bn (€454bn), a first for any European company.

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4. Lloyds gets price target upgrade

The bank received a hefty 58% price target increase from Jefferies, which sees scope for larger buybacks and better margins in 2023.

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5. FTSE 100 finishes flat

At the close, the FTSE 100 was right back where it began the day, finishing off at 7,912 points.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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