Full List Of Stories
Bank of America Merrill Lynch double-upgraded its stance on Premier Inn owner Whitbread on Friday, but downgraded InterContinental Hotels following this week’s news of a potential Covid-19 vaccine.
Revolution Bars said that more than 88% of its creditors had voted in favour of the company voluntary arrangement it announced last month, which will lead to the imminent closure of six bars.
London’s FTSE 100 was down 0. 3% at 6,321. 85 in afternoon trade on Friday.
Synairgen shares surged on Friday after data from trials of its inhaled Covid-19 treatment, SNG001, published in The Lancet Respiratory Medicine, showed positive results in hospitalised patients.
Credit Suisse upped Royal Mail to ‘neutral’ from ‘underperform’ on Friday, hiking the price target 261p from 94p as it said the UK outlook has been improved by pandemic-driven tailwinds.
Eurozone GDP grew a touch less than initially estimated in the third quarter, according to figures released by Eurostat on Friday.
London stocks were still a little weaker by midday on Friday as optimism over a Covid-19 vaccine was replaced with concerns about rising cases.
Barclays upgraded Premier Inn owner Whitbread to ‘overweight’ from ‘equalweight’ on Friday, lifting the price target to 3,350p from 2,500p, arguing that it’s one of the most attractive recovery plays in the sector following this week's vaccine news.
London stocks fell in early trade on Friday as optimism over a Covid-19 vaccine was replaced with concerns about rising cases.
London stocks were set to fall at the open on Friday as worries about rising coronavirus cases returned.
The US government has announced it will delay enforcement of a ban on TikTok, granting the Chinese-owned social media app a temporary reprieve in its battle against the Trump administration. The popular app was facing restrictions over national security concerns that would have effectively barred it from app stores in the US. The rules were expected to take effect on Thursday. But the US commerce department said it was holding off “pending further legal developments”.