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Record puts in decent third quarter despite fee pressure
Specialist currency manager Record updated the market on its trading for the three months ended 31 December on Friday, reporting that assets under management equivalents expressed in dollars grew 8% over the period, to $64. 7bn.
PetroNeft gets to work on licences 61 and 67
Russia-focussed oil and gas exploration and production company PetroNeft, which is the 50% owner and operator of licences 61 and 67, announced on Friday that a contract had been awarded and construction started on a mini oil processing facility at licence 61, with completion due in 2020.
Character Group warns on profit after challenging Christmas
Toymaker Character Group warned on profits on Friday after an "extremely challenging" 2019 Christmas trading period, with the total toy market in the UK contracting for the second successive year.
Live Company warns of weaker-than-expected FY results
Children's entertainment and education group Live Company warned on Friday that full-year results looked set to be below market expectations despite recording some strong growth in 2019.
GVC Holdings sees FY profits at top end of guidance
GVC Holdings said on Friday that it was "well placed" for 2020 as it progressed with integrating recently-acquired Ladbrokes Coral and continued to grow its US joint venture.
Hastings warns on profits amid elevated claims costs
Insurer Hastings warned on profits on Friday and said it would cut its dividend following elevated claims costs in the fourth quarter.
Fiat Chrysler in talks with Foxconn over JV
Fiat Chrysler Automobiles said on Friday that it is in talks with electronics group Foxconn over the creation of an equal joint venture to develop and manufacture new generation battery electric vehicles in China and engage in the Internet of Vehicles business.
Spectris to divest EMS B&K joint venture
Instrumentation and controls company Spectris announced on Friday that, together with Macquarie Corporate Holdings, it has agreed to divest the EMS Brüel & Kjær joint venture to Envirosuite.
NMC Health ropes in Freeh in review of Muddy Waters report
NMC Health announced on Friday that its independent review committee has retained Louis Freeh, former US federal judge and FBI director, and his firm Freeh Group International Solutions (FGIS) to examine and compile a report regarding allegations raised in the 17 December report from short seller Muddy Waters, and by certain other third parties.
Cranswick sees FY profits above forecasts
Food producer Cranswick said it expected full year adjusted pre-tax profit to be higher than current market forecasts.
Mr Kipling boosts sales at Premier Foods
A strong performance from the Mr Kipling brand helped to boost sales at Premier Foods over the Christmas period.
London open: Stocks edge up ahead of retail sales
London stocks edged higher in early trade on Friday following fresh highs on Wall Street as investors mulled the latest data slew out of China and eyed the release of UK retail sales figures.
Experian third-quarter revenue rises, FY expectations backed
Credit-checking firm Experian reported a 9% jump in total third-quarter revenue on Friday as backed its expectations for the year.
Rio Tinto reports fall in 2019 iron ore shipments
Rio Tinto reported a 3% fall in iron ore shipments in 2019 as a cyclone and a fire at a port facility disrupted operations.
Rio Tinto iron ore shipments fall, Experian Q3 revenues rise
London open The FTSE 100 was called to open 13 points higher at 7,622.
London pre-open: Stocks seen up ahead of retail sales
London stocks were set to rise at the open on Friday following fresh highs on Wall Street, as investors eye the release of retail sales data.
Friday newspaper round-up: Betfred, Carillion, Lekoil
The brothers who own the high street bookmaker Betfred are making millions from a business that treats public sector staff for health problems including gambling addiction, the Guardian can disclose. Betfred’s owners, the billionaire Tory party donors Fred and Peter Done, also own Health Assured, which holds dozens of government contracts to provide health and wellbeing programmes to staff. – Guardian.
US close: Stocks reach fresh records as investors continue cheering trade deal
Wall Street stocks surged to new records at the closing bell on Thursday, after the US and China signed their "phase one" trade agreement during the previous session.