Full List Of Stories
Novacyt dispute with DHSC to dent 2021 profit, shares slide
Novacyt said on Friday that a dispute with the Department of Health and Social Care (DHSC) over a supply contract could have a "material" impact on fourth-quarter revenues and dent 2021 profit and revenue, sending its shares sharply lower.
FTSE 250 movers: Tui slumps; PageGroup gains on update
London’s FTSE 250 was down 0. 2% at 22,194. 61 in afternoon trade on Friday.
FTSE 100 movers: Housebuilders rally; BAT hit by downgrade
London’s FTSE 100 was down 0. 3% at 6,922. 13 in afternoon trade on Friday.
JD Sports 'top pick' in consumer discretionary, says Berenberg
JD Sports Fashion was sitting pretty at the top of the FTSE 100 on Friday as Berenberg said it was its "top pick" in consumer discretionary.
London midday: FTSE flat but on course for strong week
London stocks had pared earlier losses to trade flat by midday on Friday as the recent rally lost steam, but the FTSE 100 was still on course for its best week since early January.
RBC Capital upgrades Hilton Food, cites compelling ‘valuation’
RBC Capital Markets upgraded Hilton Food to ‘outperform’ from ‘sector perform’ on Friday, hiking the price target to 1,500p from 1,200p as it said the stock’s valuation looks compelling.
Loungers extends debt facilities ahead of reopening
Café, bar and restaurant operator Loungers said on Friday that its debt facilities have been extended and its covenants reset as it prepares to reopen 47 sites in England next week.
German industrial production unexpectedly drops in February
German industrial production unexpectedly declined in February amid coronavirus restrictions, according to figures released on Friday by Destatis.
London open: Stocks nudge lower but weekly performance solid
London stocks nudged lower in early trade on Friday as the recent rally ran out of steam.
Babcock said to be bracing for big writedown, shares slump
Babcock International shares slumped on Friday following a report the defence contractor is bracing for a big writedown.
Avon Rubber backs FY expectations after strong second quarter
Avon Rubber said on Friday that given its current order book and expected order intake in the second half, it remains confident of achieving its expectations for the year.
London pre-open: Stocks seen up on positive US cues
London stocks were set to rise at the open on Friday following a positive session on Wall Street, as investors eye the easing of lockdown restrictions next week.
Friday newspaper round-up: Greensill Capital, Facebook, AstraZeneca
Rishi Sunak has been accused of trying to smooth the way for Greensill Capital to gain special access to emergency Covid loans after the release of text messages showing the chancellor told David Cameron he had “pushed the team” to see if it could happen. The Treasury also revealed that the former prime minister “informally” phoned two other ministers from the department, and sources said he sent “multiple” texts to Sunak’s personal phone. The Treasury refused to release those texts, saying they were sent “with an expectation of confidence”.