Full List Of Stories
FTSE 100 movers: Anglo American boosted by upgrade; BAE hit by downgrade
London’s FTSE 100 was down 0. 2% at 8,265. 19 in afternoon trade on Friday.
TSB appoints Marc Armengol as new CEO
TSB said on Friday that it has appointed Marc Armengol as its new chief executive officer.
Narayana Health says not planning to make offer for Spire Healthcare
Spire Healthcare shares had pared earlier strong gains by Friday afternoon after India’s Narayana Health said it does not intend to make an offer for the company.
London midday: FTSE nudges down amid data raft
London stocks had nudged into the red by midday on Friday as investors mulled a slew of UK data releases, with deal news in focus again.
RBC Capital reiterates positive outlook on W7 owner Warpaint
RBC Capital Markets reiterated its positive outlook on cosmetics firm Warpaint on Friday, saying it continues to believe the company is well positioned in the market, successfully executing on its growth strategy.
Jefferies upgrades Anglo American to ‘buy’
Jefferies upgraded Anglo American to ‘buy’ from ‘hold’ on Friday and lifted its price target to 2,850p from 2,500p following the recent share price decline.
London open: Stocks steady ahead of data slew; Spire Healthcare jumps
London stocks were steady in early trade on Friday as investors mulled disappointing retail sales figures and looked ahead to a slew of UK data releases.
London pre-open: Stocks seen lower; retail sales tumble
London stocks were set to fall at the open on Friday after disappointing retail sales figures, and as investors eyed the release of a slew of UK data points.
Friday newspaper round-up: House sales, fuel prices, The Telegraph
House sales are expected to accelerate over the next four months as buyers seek to benefit from tax breaks that are due to run out in April 2025, according to the online property website Zoopla. The number of home sales increased across the UK this year, pushing up prices by 1. 5% in the year to October. Next year prices are expected to rise by 2. 5% and transactions will jump by 5%, the website said. – Guardian.
FTSE 100 movers: Spirax-Sarco boosted by broker notes; Aviva in the red
London’s FTSE 100 was up 0. 1% at 8,282. 81 in afternoon trade on Thursday.
Cranswick a ‘great’ business but ‘fairly valued’, says RBC Capital
RBC Capital Markets downgraded food producer Cranswick to ‘sector perform’ from ‘outperform’ on Thursday but lifted the price target to 4,900p from 4,700p as it said it was a "great" business but "fairly valued".
JPMorgan double upgrades Sainsbury’s and Tesco to ‘overweight’
JPMorgan Cazenove double upgraded Sainsbury’s and Tesco on Thursday as it took a look at the outlook for European food retail.
London midday: Stocks flat but Renewi, Direct Line surge on deal news
London stocks had pared earlier gains to trade flat by midday on Thursday, but Renewi and Direct Line powered ahead on deal news.
Renewi 'minded to recommend' 870p a share takeover bid from Macquarie
Renewi shares rocketed on Thursday after the waste management company said it was minded to recommend a £700m takeover proposal from Australian investment firm Macquarie Asset Management, should a firm offer be made.
Czech billionaire Kretinsky closing in on deal to buy Royal Mail - report
The sale of Royal Mail to Czech billionaire Daniel Kretinsky's EP Group is reportedly close to being finalised and could be confirmed in the next two weeks.
Direct Line rejects £3.3bn takeover proposal from Aviva, shares surge
Direct Line surged on Thursday after it rejected a £3. 3bn takeover proposal from Aviva.
Higher Aviva offer might be forthcoming if Direct Line engages, says Jefferies
A higher takeover proposal from Aviva might be forthcoming, Jefferies said in a note on Thursday, as it commented on the insurer’s £3. 3bn takeover proposal for Direct Line.
London open: FTSE edges up; Direct Line surges after rejecting Aviva bid
London stocks edged up in early trade on Thursday, with Direct Line powering ahead after it rejected another takeover proposal, but trade was set to be quiet as US markets will be closed for the Thanksgiving holiday.
London pre-open: FTSE to rise; quiet trade expected as US markets closed for Thanksgiving
London stocks were set to rise at the open on Thursday, but trade was expected to be quiet, with US markets closed for the Thanksgiving holiday.
Thursday newspaper round-up: Stellantis, The Observer, car production
The owner of Vauxhall told investors that it was “confident” it would meet the UK’s rules on electric vehicle sales just two months before it blamed them for the decision to close a factory in Luton, the Guardian can reveal. Stellantis cited the UK’s zero-emission vehicle (ZEV) mandate when it announced the closure of its van factory in Bedfordshire on Tuesday, putting 1,100 workers at risk of redundancy or relocation to its factory making smaller vans in Ellesmere Port.