Market Pulse
Goldman downgrades Centrica after 'weak' FY results
Goldman Sachs downgraded Centrica shares to ‘neutral’ from ‘buy’ on Friday, cutting the price target to 132p from 158p following the company’s "weak" full-year results a day earlier.
Vodafone eyes Italian 5G network collaboration
Vodafone's Italian arm has agreed to enter into a network sharing partnership for both 4G and 5G with Telecom Italia, with both companies also weighing a merger of their 22,000 towers in the country.
London open: Stocks edge up as Pearson pushes ahead
London stocks edged up in early trade on Friday, helped along by well-received results from Pearson, as investors eyed more Brexit-related headlines and news on trade talks between the US and China.
Dairy Crest recommends offer from Canada's Saputo
Dairy Crest directors have recommended a cash takeover bid from Canada's Saputo that values the Cathedral City cheese maker at £975m.
Metro Bank among SME grant winners, CYBG misses out
Metro Bank has been awarded £120m from the fund set up with cash from Royal Bank of Scotland designed to boost competition in the business banking market, with Starling Bank getting £100m and ClearBank £60m.
Merlin Entertainments sells Australian ski resorts for £95m
Legoland and Madame Tussauds owner Merlin Entertainments has sold its Australian ski resorts, Hotham and Falls Creek, to Vail Resorts, for AUD174m (£95m).
Hill & Smith buys up bollard maker ATG Access
Construction products group Hill & Smith Holdings announced on Friday that it has completed the acquisition of ATG Access from LDC and private shareholders, for a cash consideration of £22. 5m on a debt and cash free basis.
London pre-open: Stocks to edge up as investors eye more Brexit news
London stocks were set to edge up at the open on Friday as investors eyed more Brexit-related headlines and news on trade talks between the US and China.