Full list of stories by author Michele Maatouk

Full List Of Stories

15 Oct

FTSE 250 movers: Mediclinic rallies on update; Qinetiq recovers

London’s FTSE 250 was 0. 5% higher at 22,978. 27 in afternoon trade on Friday.

15 Oct

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FTSE 100 movers: IAG flies higher; Pearson in the red

London’s FTSE 100 was up 0. 5% at 7,241. 59 in afternoon trade on Friday.

15 Oct

Credit Suisse slashes Asos price target after profit warning

Credit Suisse slashed its price target on Asos on Friday to 4,680p from 6,050p as it trimmed its forecasts in line with guidance after full-year results exposed greater cyclical pressures than expected, compounded by the slow progress to update systems.

15 Oct

FCA chair Charles Randell to step down a year early

Charles Randell will step down as chair of the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) next spring.

15 Oct

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London midday: Stocks gain amid earnings optimism

London stocks were still in the black by midday on Friday as earnings optimism helped to offset concerns about inflation.

15 Oct

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Berenberg upgrades BP, Harbour Energy to ‘buy’

Berenberg upgrade its stance on a host of oil and gas stocks on Friday - including BP - as it argued that share prices across the oil sector remain cheap, with further consensus upgrades to come as higher commodity prices are reflected in estimates.

15 Oct

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Land Securities rent collection rates continue to improve

Land Securities said on Friday that its rent collection rates continue to improve.

15 Oct

Kitchenware brand ProCook planning London IPO

Kitchenware brand ProCook said on Friday that it’s considering an initial public offering on the main market of the London Stock Exchange.

15 Oct

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London open: FTSE rises on earnings optimism; travel shares rally

London stocks rose in early trade on Friday following an upbeat session on Wall Street, as earnings optimism helped to offset concerns about inflation.

15 Oct

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Oxford Nanopore surges after lifting revenue guidance

Shares of recently-floated Oxford Nanopore surged on Friday after the genome sequencing company lifted its revenue growth guidance for the current financial year for its core Life Science Research Tools (LSRT) business.

15 Oct

Hargreaves Lansdown Q1 revenues dip, AUM tick higher

Investment platform Hargreaves Lansdown reported an uptick in first-quarter assets under management on Friday but a dip in revenue as share dealing volumes declined following lockdown.

15 Oct

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London pre-open: Stocks seen higher after upbeat US session

London stocks were set to rise at the open on Friday following an upbeat session on Wall Street.

15 Oct

Friday newspaper round-up: Butchers, contactless limit, energy providers

The government has stepped in to counter a spiralling crisis on pig farms by allowing butchers to enter the UK on temporary visas, in the latest reversal of post-Brexit immigration policy. Butchers in abattoirs and meat processing plants dealing with pigs will be allowed to come to work in Britain for six months, the environment secretary, George Eustice, announced on Thursday evening. He said 800 butchers were needed to meet staffing shortages and get the situation under control.

15 Oct