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Europe close: Stocks push higher, UK lenders pace advance
European shares pushed ahead at the end of the week, helped by better-than-expected third quarter earnings from Britain’s Barclays bank and upbeat earnings news from continental car makers.
London close: Stocks finish firmer as banks rally
London stocks were well into positive territory at the close on Friday, with banks pacing the advance after well-received results from Barclays, as investors shrugged off news that the UK’s economic recovery was stalling.
Huawei revenue growth slows as Q3 results reveal 'significant challenges'
Huawei announced in its earnings results on Friday that its revenue growth had slowed significantly in 2020 due to the “significant challenges” faced by the Chinese tech giant.
Week ahead: ECB, US tech giants' earnings in focus
The next-to-last week before the US Presidential elections will be heavily back-end loaded, with interest rate decisions from the European Central Bank and Bank of Japan both due out on Thursday, followed by quarterly earnings updates from Amazon, Apple and Facebook all due out after the close of trading that same day.
Director dealings: Spouse of Cairn Homes co-founder makes share purchase
Cairn Homes said on Friday that Deirdre McIntosh, spouse of co-founder Alan McIntosh, had acquired 32. 89m ordinary shares in the London-listed housebuilder.
Broker tips: McCarthy & Stone, Kainos
Analysts at Canaccord Genuity raised their target price on homebuilder McCarthy & Stone from 80. 0p to 115. 0p on Friday following today's unexpected offer from private equity group Lone Star.
US business optimism surges in October, PMIs reveal
Most US corporates were in an unexpectedly buoyant mood in October, as reflected in the results of two closely-followed surveys.
Secure Income to maintain existing Travelodge CVA
Secure Income REIT announced on Friday that, following a “thorough review” of potential strategies in relation to its Travelodge portfolio, it had determined not to exercise its break options to terminate the tenant's leases on those properties.
Beowulf posts positive results from Vardar's Wolf Mountain
Mineral exploration and development company Beowulf Mining announced results from an induced polarisation and resistivity survey undertaken by Vardar Minerals at its Wolf Mountain lead-zinc-silver target, situated within the Mitrovica licence in northern Kosovo, on Friday.
FTSE 250 movers: AO World rallies; Airtel Africa hit by downgrade
London’s FTSE 250 was up 1% at 18,081. 26 in afternoon trade on Friday.
Braveheart upbeat on Pharm2Farm mask progress
Braveheart Investment Group updated the market on progress with the Pharm2Farm (P2F) antiviral surgical mask project on Friday.
Airlines to offer refunds after watchdog inquiry
Italy's antitrust regulator said on Friday that Ryanair, easyJet, Vueling and Blue Panorama will now offer refunds to passengers affected by the cancellations caused by the pandemic.
US open: Mixed start to trading as stimulus talks remain in focus
Wall Street stocks were mixed following the opening bell on Friday as stimulus and election headlines were taking up much of investors' attention yet again.
FTSE 100 movers: Banks rally on Barclays results; IHG declines
London’s FTSE 100 was up 1. 5% at 5,870. 99 in afternoon trade on Friday.
Canaccord Genuity raises target price on McCarthy & Stone
Analysts at Canaccord Genuity raised their target price on homebuilder McCarthy & Stone from 80. 0p to 115. 0p on Friday following today's unexpected offer from private equity group Lone Star.
Intel shares plummet after poor Q3 data centre sales
Intel's shares plummeted after the chip-making giant posted worse than expected sales for its data-center unit.
UK's economic recovery stalls in October
The UK’s economic recovery stalled in October amid rising coronavirus cases and increased restrictions, with growth in the services sector slowing considerably, according to a survey released on Friday.
Greencoat Renewables buys wind farm in County Tipperary
Irish renewable infrastructure company Greencoat Renewables revealed on Friday that it has acquired a wind farm in County Tipperary, Ireland.