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Europe close: Stocks recover from early selling
Stocks in Europe finished mostly higher after the minutes of the European Central Bank's last policy meeting showed rate-setters in Frankfurt were keeping the door open to further stimulus if needed.
Week ahead: German and US GDP, US consumer confidence in focus
Investors returning from the coming holiday-shortened week will be greeted by a steady stream of economic data on both sides of the Pond.
London close: Benchmark finishes lower amid China concerns, poor UK data
London’s benchmark pared back some earlier losses on Friday afternoon, but still closed in the red following news that Beijing was planning to impose a new security law on Hong Kong, and after the release of uninspiring UK data.
Broker tips: Go-Ahead Group, DCC, MJ Gleeson
Analysts at Jefferies reiterated their 'buy' recommendation for shares of Go-Ahead Group, highlighting the attractions of its portfolio, especially its UK franchise and balance sheet positioning.
Director dealings: Treatt chairman lowers stake
Treatt revealed on Friday that chairman Timothy Jones had disposed of 35,000 ordinary shares in the London-listed chemicals firm.
Europe midday: Shares recover from early selling
Stocks in Europe have managed to turn around even after the Chinese government apparently upped the ante on the geopolitical front by announcing it would impose national security laws, bypassing the city's legislature and therefore potentially in effect reneging on promises to respect its one state, two-systems policy.
MJ Gleeson 'in the right place', Canaccord says
MJ Gleeson is "in the right place" to recover strongly from the Covid-19 crisis in 2021, Canaccord Genuity said as it increased its target price on the housebuilder.
Codemasters confirms delay to release of 'Fast & Furious Crossroads'
Codemasters updated the market on the launch of Fast & Furious Crossroads - the intellectual property game that is being developed by the recently-acquired Slightly Mad Studios - on Friday.
Marston's forms brewing JV with Carlsberg UK
Marston's has formed a new joint venture partnership with Carlsberg UK to create a "best-in-class, brand-led UK brewer of scale" worth around £780m.
1,000 jobs to go as Carluccio's is bought out of administration
Italian restaurant chain Carluccio’s has been sold to the owner of Giraffe and Ed’s Easy Diner, in a deal that will see more than 1,000 jobs lost as 40 restaurants are closed.
Eco Animal Health gets positive opinion from EMA on Aivlosin use
Eco Animal Health Group announced on Friday that it has received a positive opinion from the European Medicines Agency (EMA) for the use of ‘Aivlosin’ 625 mg/g water soluble granules for the treatment and metaphylaxis of mycoplasma hyopneumoniae in pigs.
Fauci predicts US could have vaccine by end of 2020
Top White House health expert Anthony Fauci is confident that the US could begin to roll out a coronavirus vaccine by December.
FTSE 250 movers: Marston's fizzes higher on Carslberg JV; AJ Bell slumps
London’s FTSE 250 was down 0. 1% at 16,365. 00 in afternoon trade on Friday.
Jefferies stays at 'buy' on Go Ahead, likes portfolio and balance sheet
Analysts at Jefferies reiterated their 'buy' recommendation for shares of Go-Ahead Group, highlighting the attractions of its portfolio, especially its UK franchise and balance sheet positioning.
US open: Stocks head south as trade tensions outweigh vaccine optimism
US stocks opened lower on Friday as a ratcheting up of tensions between Washington and Beijing offset optimism surrounding a potential Covid-19 vaccine ahead of the Memorial Day long weekend.
Lockdown measures cause tax receipts to slump
The government saw tax receipts tumble in April, research showed on Friday, as the lockdown brought large parts of the economy to a halt.
Friday broker round-up
Whitbread: RBC Capital Markets reiterates underperform with a target price of 2,350p.
FTSE 100 movers: Asia-focused stocks retreat; Whitbread recovers
London’s FTSE was down 0. 7% at 5,975. 90 in afternoon trade on Friday.
Berenberg hikes target price on DCC
Analysts at Berenberg hiked their target price on sales and marketing group DCC from 6,500. 0p to 7,450. 0p on Friday, stating there was value in the group's "war chest balance sheet".