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InterContinental Hotels Group Q3 RevPAR plummets on HK protests
InterContinental Hotels Group disappointed investors with its third quarter trading update, reporting much lower than expected growth in its key metric of profitability, revenues per available room, in the wake of the mass protests in the special Chinese administrative region of Hong Kong.
Avast reiterates guidance after Q3 revenue growth
Avast on Friday reported third quarter adjusted revenue growth of 5% to £220. 3m as it reaffirmed full year guidance of high single digit growth.
London pre-open: Stocks set for slightly lower start
London traded stocks are set to dip at the end of the week as investors play it safe heading into the weekend and Saturday's parliamentary vote on the Brexit deal that was agreed just the day before between the UK and the European Union.
LSE Q3 income rises on strong clearing; CFO Warren to retire
Third quarter income at the London Stock Exchange rose 12% to £587m driven by a strong performance in its clearing division as it announced the retirement of chief financial officer David Warren.
Strong clearing performance drives LSE growth, Avast revenue improves in line with forecasts
London open The FTSE 100 is expected to open 35 points lower on Friday, having closed up 0. 2% at 7,182. 32 on Thursday.
Friday newspaper round-up: Brexit deal, WH Smith, Hargreaves Lansdown
The head of the International Monetary Fund jumped for joy on hearing that Britain had struck a draft Brexit deal with the European Union as the global community swung behind efforts to get the agreement over the line. Kristalina Georgieva, the IMF managing director, and David Malpass, president of the World Bank, welcomed the end to the uncertainty that the agreement promises if it clears parliament this weekend. - The Times.
US close: Markets finish higher as investors digest Brexit deal
US stocks finished in the green on Thursday, as investors took the chance to catch their breath after a draft Brexit deal was struck between UK and EU officials, and on the back of solid earnings from more blue-chip companies.