Latest News
Berenberg raises target on Barclays, says lender set to benefit from recovery in UK and US consumer
Analysts at Berenberg bumped up their target price for shares of Barclays from 230. 0p to 245. 0p, telling clients that the lender's third quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
US pre-open: Stocks mixed as Q3 earnings continue to roll in
Wall Street stocks were mixed ahead of the bell on Friday after the S&P 500 closed at a fresh new record in the previous session.
SIG lifts full-year outlook
SIG said on Friday that full-year underlying operating profit was set to be ahead of current market expectations despite supply issues, following continued strong sales momentum.
Europe midday: Evergrande payment helps shares shrug PMI data
European stocks extended gains on Friday with investors cheering news of an interest payment by debt-ridden China Evergrande Group and brushed aside a survey that showed growth in euro zone business activity slowed in October due to inflation fears.
London midday: Stocks gain as investors mull UK PMIs
London stocks had extended gains by midday on Friday despite disappointing retail sales data and a slump in consumer confidence, as worries about China’s Evergrande eased and following the release of encouraging UK growth figures.
Holders Technology transfers PCB assets to Ventec
Holders Technology said on Friday that its up-for-sale printed circuit board (PCB) assets were transferred to Ventec International on 30 September, with the consideration relating to the sale having now been paid.
Wise slumps as co-founder Hinrikus sells shares
Money transfer firm Wise was under the cosh on Friday after co-founder Taavet Hinrikus sold 10m shares in the company in a placing.
Smartspace Software FY adjusted underlying losses expected to have widened
IT service management company Smartspace Software said on Friday that adjusted underlying losses were expected to have widened in the twelve months ending 31 January 2022.
Scirocco Energy reports progress at Tanzania's Ruvuma PSA
Europe-focussed Scirocco Energy updated the market on operational activities in the Ruvuma PSA on Friday, where it owns a legacy position of 25%.
Greencoat Renewables makes first Sweden wind acquisition
Greencoat Renewables announced the acquisition of the 101. 1MW wind farm in Norrbotten County, Sweden from Enercon on Friday.
Bitcoin and Ethereum decline as a slight profit-taking in cryptos takes place
The cryptocurrency market appears to be embarking on slight profit-taking on Friday, following a week of rallies that have pushed Bitcoin to new all-time highs. Meanwhile, Ethereum has surpassed its previous all-time milestone of May 12 by the narrowest of margins, according to data from 'CoinMarketCap'. The declines are around 3% for both, while Binance or Cardano leave behind similar pullbacks.
Asia report: Markets mixed on reports of last-minute payment from Evergrande
Markets in Asia closed in a mixed state on Friday, with shares in China Evergrande rising on reports it was prepared to meet its next bond debt deadline.
UK economic growth boosted by services sector
UK economic growth gathered pace in October, underpinned by the services sector, as supply shortages hit manufacturing and cost inflation reached a new record high, according to a survey released on Friday.
Cora Gold releases final set of drill results from Sanankoro
West Africa-focussed Cora Gold announced the 14th and final set of drill results from its largest ever 40,000 metre drill campaign at the Sanankoro Gold Project in Southern Mali on Friday.
Euro area business activity hits six-month low, IHS Markit says
Economic activity in the single currency bloc got off to a slow start in the fourth quarter, amid increasing supply bottlenecks and ongoing Covid-19 worries, the results of a closely-followed survey revealed.
Nexus Infrastructure revenues improve in full year
Infrastructure and utility service provider Nexus Infrastructure said in a trading update on Friday that it expects to deliver group revenues of £138m for the year ended 30 September, up from £125. 7m a year earlier.
Kitchenware brand ProCook confirms London IPO plans
Kitchenware brand ProCook has confirmed its intention to float on the main market of the London Stock Exchange.
Deltic Energy completes survey over planned Pensacola well
Natural resources investing company Deltic Energy announced on Friday that itself and its operating partner Shell UK have completed the final phase of the site survey programme over the planned Pensacola exploration well location, on licence P2252 in the Southern North Sea.
Supply chain crunch could prove a boon for Starcom
Wireless tracking and protection technology company Starcom reiterated in a trading update on Friday that there were “strong signals” that business was starting to revive, as it had a “strong pipeline” of potential new business.
Zytronic witnesses 'considerable turnaround' since interim results
Touch technology products manufacturer Zytronic said on Friday that it had seen a "considerable turnaround" and a return to profitability since the halfway point of the trading year.