Market Pulse
Europe close: Stocks finish on slightly lower note
European stocks ended the session just slightly lower after the North Korean regime's latest long-range missile test overnight, against a backdrop of a modest rebound in government bond yields around the world on the heels of Thursday's US CPI figures and another dose of 'hawkish' remarks out of the Bank of England.
US open: Stocks higher even as analysts mark down GDP forecasts
Wall Street is keeping its head above water going into the weekend, with investors taking the latest missile launch by North Korea in their stride and despite the release of a string of indicators which revealed that hurricanes Harvey and Irma were already taking their toll on activity last month.
Echo awards seismic contract as it evaluates Bolivian blocks
South and central-American focussed upstream gas company Echo Energy announced the award of a seismic reprocessing contract for the 3D seismic data over the Huayco and Rio Salado blocks, onshore Bolivia on Friday.
Adamas offloads Global Pharm Holdings at a loss
Pan-Asian diversified investment vehicle Adamas Finance Asia announced the disposal of its interest in Global Pharm Holdings Group on Friday.
EasyJet bids for parts of Air Berlin's short-haul business
Budget carrier easyJet has submitted a proposal to the overseers of Air Berlin's insolvency to buy parts of the company's short-haul business.
FTSE 250 movers: Wetherspoons fizzes higher on results, JD up on JV
London's FTSE 250 was down 0. 8% to 19,365. 78 in afternoon trade on Friday as investors digested the prospect of a rate rise sooner than expected.
Tungsten Corporation upbeat on continued growth progress
Tungsten Corporation updated the market on its trading on Friday, as investors gathered for its annual general meeting, confirming that unaudited revenue of £8. 3m in its first quarter to 31 July was 12% higher than last year on a constant currency basis.
FTSE 100 movers: Next gains again but Carnival hit by downgrade
London's FTSE 100 was down 1. 1% to 7,216. 19 in afternoon trade on Friday, dented by the pound, which shot up to its highest level since the Brexit vote after BoE policymaker Gertjan Vlieghe reinforced expectations of a rate hike sooner than forecast.
GCP Student Living reports continued growth in full-year numbers
Student accommodation real estate investment trust GCP Student Living reported continued growth in its full-year results on Friday, with revenue rising to £28. 6m from £22. 5m in the prior year.
Rio Tinto CFO Chris Lynch to retire in September 2018
Rio Tinto said on Friday that Chris Lynch plans to retire as chief financial officer by the end of September 2018 after just over four years in the job.
Uni Michigan sentiment dips in September on hurricane woes
US consumer sentiment dipped a little in September amid worries about the impact of hurricanes Harvey and Irma, according to a preliminary reading from the University of Michigan.
Serica confirms delay to restart of Erskine production
Serica Energy updated the market on its Erskine production operations on Friday, reporting that the operator of the Lomond platform had advised a delay to the restart of Erskine production, pending completion of repairs required to a caisson on the Lomond platform and receipt of approval to recommence from the operator of the Forties Pipeline System, through which Erskine liquids are transported to shore.
Diurnal Group notes publication of Infacort study
Speciality pharmaceutical company Diurnal Group announced the publication of data from its pivotal Phase III trial for its lead product ‘Infacort’ in Clinical Endocrinology on Friday.
Barclays calls 'No Joy' on Morrisons after latest set of interims
Barclays reiterated its 'underweight' recommendation on Morrisons stock and trimmed its target price for it, pointing out various potentially disappointing signs in its latest set of interims.
Milestone Group receives final £1.1m from Para subscription
Digital media and technology provider Milestone Group updated the market on its £1. 5m subscription raising by Para & Co on Friday, confirming it had received the final £1. 1m from the subscriber.
Europe midday: Stocks little changed ahead of US data
Global markets are little changed come midday despite the North Korean regime's latest long-range missile test overnight, against a backdrop of a modest rebound in government bond yields around the world on the heels of Thursday's US CPI figures and another dose of 'hawkish' remarks out of the Bank of England.
DX takes £1.8m hit after accounting error
DX Group announced on Friday that, during the preparation of its final results for the year ended 30 June, it became aware of an “incorrect application” of accounting policies relating to lease incentives on one of its sites.
US pre-open: Stocks seen steady as investors eye data deluge
US futures pointed to a fairly steady open on Wall Street on Friday, with investors set to take the latest missile launch by North Korea in their stride as they looked ahead to a raft of data releases.
Asia report: Markets mixed as Pyongyang fires another missile over Japan
Markets in Asia finished in a mixed state on Friday, as Pyongyang launched a missile over Japan for the second time in a month.