Latest News
RBC Capital downgrades Centamin after production forecast cut
RBC Capital Markets downgraded its stance on Centamin to 'sector perform' from 'outperform' on Friday after the gold miner cut its full-year production target as it posted a drop in quarterly output.
US September payrolls miss forecasts, but details stronger
US non-farm payrolls rose by less than expected last month, registering an increase of just 134,000, amid a sharp slowdown in hiring among service sector firms, but the details of the report were stronger, with the rate of unemployment falling to its lowest since 1969.
Illegal video streaming on the rise due to 'fragmented' market
Online piracy is increasing in popularity once again because there are so many television streaming platforms that consumers are unwilling to pay multiple subscriptions.
Friday broker round-up
Intertek Group: Berenberg upgrades to buy with a target price of 5,500p.
Live Company to buy Bright Bricks for £8.5m
AIM-listed Live Company has conditionally agreed to buy UK-based Bright Bricks, a builder of bespoke brick statues and touring events, for £8. 5m.
Asia: Markets fall after treasury yield rise and China tech accusations
Asian markets fell on Friday after stocks took a tumble on Wall Street overnight and with US 10-year treasury yield at their highest point in seven years.
Shares in Chinese tech firms hit by spy chip allegations
Shares in the Chinese tech giants Lenovo and ZTE were pummelled after news came out that Beijing had inserted spyware microchips into computers used by US government agencies.
Aukett Swanke still expecting a full-year loss
Aukett Swanke said on Friday that it continues to expect to make a loss for the year to 30 September.
Secure Property disposes of Romanian DIY retail property
European focused property and investment outfit Secure Property Development and Investment disposed of its BigBlueBox DIY retail property in Craiova, Romania on Friday, generating €2. 5m in cash as a result.
Intu Properties surges as consortium mulls offer
One of Intu Properties' senior directors is leading a consortium of investment companies to buy the shopping centre owner, leading to speculation that a bid battle could emerge.
Motorpoint 'encouraged' by recent trading performance
Independent car retailer Motorpoint expects to report a 9% boost to revenues in its interim results, with operating margin performing at "a similar level" to the same period a year earlier.
Europe midday: Stocks hold lower ahead of US jobs report
Stocks across the Continent are moderately lower come midday but off their worst levels of the session ahead of the release of the key US non-farm payrolls report.
Plastics Capital records double-digit first-half sales growth
Niche plastics outfit Plastics Capital told investors on Friday that it had continued to trade in line with market expectations across the first six months of its trading year.
US pre-open: Stocks seen steady ahead of payrolls
US stocks looked set for a steady start on Friday following losses in the previous session, as investors eyed the latest non-farm payrolls report and kept a watchful eye on bond markets.
London midday: Stocks fall further ahead of payrolls; Intu rockets
London stocks had fallen further into the red by midday on Friday as investors eyed the release of the latest US non-farm payrolls report, with US bond markets firmly in focus after Treasury yields surged to seven-year highs.
Unilever cancels plan to move to single Netherlands HQ
Unilever directors have decided to withdraw their proposal to move out of the UK to a single Netherlands headquarters after growing opposition from shareholders.
UK house prices drop month-to-month as Brexit concerns linger
House prices subsided for a second month in September and while homes are worth more than a year ago, the rate of increase declined.
Savannah Petroleum finds oil bearing sandstones at 5th well
Savannah Petroleum said it had encountered roughly 5. 4m of net oil-bearing reservoir sandstones at its Zomo-1 exploration well in Niger.
Diurnal kicks off adrenal condition trial with first patients
Specialist pharmaceutical company Diurnal said it had enrolled the first two patients in its US-based Chronocort phase III trial for adults with congenital adrenal hyperplasia (CAH).
Centamin cuts gold production forecasts due to operational delays
Gold miner Centamin on Friday cut its annual production target as delays in planned operational improvements led to a 25% fall in third quarter output.