Latest News
Berenberg raises target price on EasyJet following Q3 update
Analysts at Berenberg upped their target price on low-cost carrier EasyJet from 1,120p to 1,150p on Friday, noting that momentum appeared to have improved earlier than they expected.
FTSE 100 movers: Tui shares travel higher; WPP hit by Publicis results
London’s FTSE 100 was up 0. 2% at 7,504. 67 in afternoon trade on Friday.
Crown Estate changes tender plans for offshore wind auction
The Crown Estate has backtracked on its original plans to demand sealed bids for the UK's biggest offshore wind tender in 10 years .
Homebase said to be nearing acquisition of Bathstore
Homebase is said to be close to buying Bathstore after the specialist bathroom retailer collapsed into administration.
US pre-open: Futures point to gains as interest rate cuts return to focus
Wall Street futures pointed to a firmer open on Friday after two top Federal Reserve officials hinted that more aggressive policy easing from the central bank was on the horizon.
Amerisur Resources considering sale as it announces strategic review
South America-focused oil and gas producer and explorer Amerisur Resources announced a strategic review on Friday, which could include a sale of the company.
Week Ahead: Pharmaceutical giants report; BoJo set to be crowned PM
Corporate news flow will pick up again next week, with results from the likes of ITV, GlaxoSmithKline, AstraZeneca, Fevertree and many others due before the August lull kicks in.
Cora Gold shines after confirming high-grade mineralisation in Mali
Cora Gold's shares jumped on Friday after it identified high-grade gold mineralisation at the Central Selin Prospect on its flagship Sanankoro gold project in Mali.
Nordea boss warns of further job cuts
Nordea Bank on Friday it would have to axe more jobs to cut costs less than two years after sacking 6,000 staff.
Europe midday: Shares flat after Fed comment 'clarification'
European shares were flat as an initial boost from stronger sessions in the US and Asia and renewed hopes of more monetary easing from the US Federal Reserve dissipated by lunchtime.
London midday: Stocks flatten out after borrowing figures; Acacia shines bright
London stocks had flattened out by midday on Friday as investors digested news that public sector net borrowing in the UK rose sharply in June.
Integumen wins Labskin contracts with two cosmetics giants
Integumen on Friday signed agreements with a combined value of more than £100,000 to test products and ingredients from two top 10 global cosmetics companies.
BlueRock Diamonds sell 12.2 carat diamond for $105,000
AIM-listed diamond mining company BlueRock Diamonds said on Friday that it has sold a 12. 2 carat diamond for $105,000 - $8,584 per carat - in the July tender.
Government borrowing jumps to £7.2bn in June
Government borrowing rose unexpectedly sharply to £7. 2bn in June - the highest level for that month in four years, official figures showed.
Asia report: Markets rise on renewed Fed rate cut hopes
Markets in Asia advanced on the last trading day of the week, as expectations for some easing from the US Federal Reserve began to ripple across the Pacific.
Record's assets under management grow following new client additions
Currency manager Record saw assets under management (AUM) move ahead slightly in the second quarter after adding new clients during the period.
Amerisur launches strategic review that could lead to sale
South America-focussed oil and gas producer and explorer Amerisur Resources announced on Friday that, following the receipt of interest in the company and its assets from other industry participants, and in light of the “high level” of recent activity in the Colombian exploration and production sector, it had decided to conduct a formal review of the strategic options available to the company to maximise value for shareholders.
Globalworth Real Estate closes acquisition of two Poland office blocks
Central and eastern Europe-focussed office real estate investor Globalworth Real Estate confirmed the closing of the acquisition of two “high quality” office buildings in Poland on Friday.
Motif Bio told it is in breach of Nasdaq listing rules
Motif Bio has received a deficiency notice from Nasdaq, indicating that based upon a review of its market value of listed securities (MVLS) for the last 30 consecutive business days, the company no longer met the minimum standard for continued listing on the Nasdaq Capital Market.
SolGold upbeat on latest progress at Cascabel Project
SolGold updated the market on the work programme and recent drilling at its Cascabel Project in Northern Ecuador on Friday, reporting that large additional tonnage was targeted to be brought into the indicated category at the Alpala Deposit, due to an additional 68,354 metres of drilling now completed since the release of the second mineral resource update.