Abrdn PLC (LSE:ABDN) shares have swung from a 7% gain earlier to a 4% decline after reporting full-year results this morning and directors said they had no plans to break up the group.
The fund manager and investment platform group published profits that were higher than forecast and confirmed that it has started work on cutting 500 jobs.
Lloyds Banking Group PLC (LSE:LLOY) and NatWest Group PLC (LSE:NWG) are among the European top picks of the investment research team at Barclays following fourth-quarter and full-year results from the sector.
Both are rated 'overweight' with Lloyds valued at 65p a share and NatWest 330p.
Hedge funds are increasingly starting to bet the sparkling run by US big tech firms might be coming to an end, according to Goldman Sachs.
Research by the US bank indicated the fastest rate of sales of tech stocks for eight months in the week ending 23 February.
Shares in Unilever PLC (LSE:ULVR) fell 1.8% after Morgan Stanley (NYSE:MS) downgraded stock in the maker of Marmite and Dove soap, citing a slew of headwinds.
Adjusting the price target from 4,100p to 3,775p, the American investment bank moved its recommendation to 'underweight' from 'equal-weight'.