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US existing home sales edge past forecasts in January
Second-hand sales of homes edged past forecasts last month.
London close: Banks, miners lead stocks higher
London stocks closed in positive territory on Friday as investors weighed up disappointing retail sales data against more encouraging business activity figures.
Europe close: Stocks finish week on a positive note
European shares extended their gains on Friday as surveys showed sentiment in the Eurozone picked up as Covid-19 vaccines raised hopes about an economic revival.
Director dealings: Iofina chairman raises stake
Iofina said on Friday that chairman Lance Baller had acquired 200,000 ordinary shares in the AIM-listed chemical manufacturing company.
Broker tips: Barclays, Hochschild
Analysts at Deutsche Bank raised their target price on Barclays from 180. 0p to 200. 0p on Friday, stating that the lower UK income outlined by the bank recently "should have been expected".
Deutsche Bank raises target price on Barclays
Analysts at Deutsche Bank raised their target price on Barclays from 180. 0p to 200. 0p on Friday, stating that the lower UK income outlined by the bank recently "should have been expected".
Holders Technology swings to loss amid Covid crisis
Printed circuit board laminate and materials supplier Holders Technology reported group revenue of £9. 84m in its final results on Friday, down from £12. 16m year-on-year.
FTSE 250 movers: Travel stocks rally; Indivior in the red
London’s FTSE 250 was up 0. 5% at 21,041. 20 in afternoon trade on Friday.
US open: Stocks bounce back after Yellen backs $1.9trn stimulus package
Wall Street futures were in the green early on Friday after Treasury Secretary Janet Yellen stated a large Covid-19 relief package would be needed for the US was to stage a full economic recovery.
GoldStone gets last two permits needed for Homase South
GoldStone Resources announced on Friday that both the mining operating permit and the water use permit for the Homase South pit at the Akrokeri-Homease Gold Project had now been awarded.
S&P downgrades Shell's long-term debt on risks from energy transition
One of the world's top credit rating agencies downgraded Royal Dutch Shell's long-term debt on the back of the expected challenges from the transition to sustainable technologies.
FTSE 100 movers: Miners rally; dollar-earners drop
London’s FTSE was up 0. 3% at 6,636. 74 in afternoon trade on Friday.
BoE's Vlieghe makes case for negative rates if more stimulus is needed
A top Bank of England official will make the case for moving to negative interest rates if necessary.
Johnson to push G-7 on measures to speed development of new vaccines
The Prime Minister will push his G7 country counterparts on Friday to cut the development time needed for vaccines against new Covid-19 strains from 300 days to 100.
Berenberg reiterates 'hold' rating on Hochschild Mining
Analysts at Berenberg reiterated their 'hold' rating on precious metals group Hochschild Mining on Friday, labelling the company's 2020 performance a "miss".
Kingspan outlines reforms after Grenfell disaster
Kingspan, the Irish building materials group whose insulation materials were used as part of the cladding on Grenfell Tower, outlined changes to its Insulation Boards business practices as it reported an uptick in full-year trading profit.
First shot of Pfizer-BioNTech Covid-19 vaccine offers significant protection
Just one dose of the Covid-19 vaccine developed by Pfizer-BioNtech is enough to provide a high degree of protection against the symptoms of the novel coronavirus, the results of an Israeli study concluded.
Provexis raises £50k to strengthen its capital base
Heart health functional food ingredient developer Provexis has raised £50,000, it announced on Friday, to strengthen its capital base and de-risk the business further.
Goldplat progresses restructuring plan
South Africa and Ghana-focussed gold producer Goldplat updated the market on its proposed restructuring on Friday.