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US consumer sentiment improves in June
US consumer sentiment improved more than expected in June, according to a preliminary reading from the University of Michigan.
FTSE 250 movers: Sanne surges on offer; Domino's retreats
London’s FTSE 250 was up 0. 5% at 22,729. 04 in afternoon trade on Friday.
FTSE 100 movers: Halma heads higher; Ashtead hit by downgrade
London’s FTSE 100 was up 0. 6% at 7,131. 27 in afternoon trade on Friday.
London midday: Stocks in the black after GDP reading
London stocks were in the black by midday on Friday as investors digested encouraging UK GDP data.
RBC Capital lifts Auto Trader price target after 'strong' results
RBC Capital Markets lifted its price target on shares of Auto Trader on Friday to 610p from 560p following the company’s "strong" set of results a day earlier.
Deutsche Bank downgrades Ashtead to 'hold'
Deutsche Bank downgraded its stance on shares of equipment rental firm Ashtead to ‘hold’ from ‘buy’ but lifted the price target to 5,108p from 4,750p as it argued the valuation is outstripping returns.
London open: Stocks rise as investors mull GDP data
London stocks rose in early trade on Friday, taking their cue from a positive finish on Wall Street as investors digested the latest UK GDP data.
Robert Walters upgrades FY profit expectations
Recruiter Robert Walters said on Friday that pre-tax profit for the year to the end of December 2021 was set to be "materially ahead" of current market expectations.
Fullers poaches Domino's Pizza CFO Neil Smith
Neil Smith, chief financial officer of Domino's Pizza, is leaving the company to become finance director of pub chain Fuller, Smith & Turner.
UK economy grows at fastest pace since July 2020
The UK economy grew in April at its fastest monthly pace since July 2020 as lockdown restrictions eased, according to figures released on Friday by the Office for National Statistics.
London pre-open: Stocks to edge up as investors mull GDP
London stocks were set to edge up at the open on Friday as investors digest the latest UK GDP reading.
Friday newspaper round-up: Camelot, Selfridges, Morrisons
The French president last night ramped up the pressure on Boris Johnson over the Northern Ireland protocol by insisting “nothing is negotiable” as the G7 summit of world leaders risked being overshadowed by the bitter standoff over Brexit. In a defiant intervention as he prepared to travel to the UK, Emmanuel Macron warned Boris Johnson that France is not open to renegotiating any aspect of the protocol – and even appeared to raise questions about whether the UK could be trusted.