Market Report
Europe close: Broad-based gains for indices despite horrible trade data
European stocks rose on Friday, taking their cue from gains on Wall Street as investors continued to keep an eye on trade developments, with gains in semiconductors helping to offset the impact of a very weak reading on euro area foreign trade.
Court rules that electoral commission fluffed Brexit donations rules
The electoral commission misunderstood the law surrounding donations from the pro-Brexit group Vote Leave to BeLeave founder Darren Grimes, according to a high court ruling on Friday.
London close: Stocks finish week in the green, despite warnings around 'no deal' Brexit
London stocks finished higher on Friday, recovering from the previous session's drop, with housebuilders paring their losses and helped by a positive start to trading on Wall Street.
US industrial production picks-up in August
America's factories continued to hum along in August, boosted by output of business equipment and materials.
FTSE 250 movers: Investec makes waves while Clarkson sinks
London's FTSE 250 was up 0. 45% at 20,334. 01 in afternoon trade on Friday, led by Investec and Kier.
US retail sales slow unexpectedly in July
US retail sales slowed last month as US consumers pulled back on purchases of fashion and motor vehicles and parts.
Sears Q2 same-store sales down but net loss doubles
Sears released second quarter results overnight that showed a fall in same-store sales and wider losses amidst a move to sell some of its business to combat liabilities and return to profitability.
Director dealings: Clarkson's Anker sells again
Industrial transportation's sinking feeling was led by shipping broker Clarkson after Peter Anker, president of brokerage and investment banking, sold more shares.
Sector movers: Industrials stocks diverging
Industrial stocks were big movers up and down, with transport stocks among the fallers, while industrial metals and engineers were on the rise.
DCC rallies as Berenberg and RBC weigh in after capital markets day
DCC racked up healthy gains on Friday as Berenberg said it remains one of its top picks in business services and as RBC Capital Markets highlighted a good buying opportunity following the company's capital markets day.
Berenberg lowers target price on Connect Group
Analysts at Berenberg lowered their target price on Connect Group following the firm's uneasy trading update on Friday morning.
US consumer sentiment index at six-month high in September
US consumer sentiment picked up more than expected in September, to a six-month high, according to a preliminary reading from the University of Michigan.
Asia report: Most markets higher as semiconductors rebound
Markets in Asia finished Friday mostly in the green, with technology - and specifically semiconductor - plays boosted by positive sentiment around Apple’s new iPhone range announced in the US this week.
Hydro withdraws offer for Rio Tinto's aluminium assets
Rio Tinto said on Friday that Norway's Hydro has withdrawn its offer for the miner's aluminium assets.
FTSE 100 movers: Burberry rallies but SSE slips again
London's FTSE 100 was up 0. 3% to 7,305. 37 in afternoon trade on Friday.
JD Wetherspoon to nudge up prices as costs rise
JD Wetherspoon reported solid annual results and boss Tim Martin took time out of his traditional pro-Brexit diatribe to say that 4. 0% growth would be needed in the present year to maintain profits.
Tarsus raising £24m to fund two acquisitions and a partnership
Business-to-business media company Tarsus Group has agreed to two acquisitions and a strategic partnership, it announced on Friday.
Management Resource Solutions subsidiary wins Aussie federal contract
Management Resource Solutions announced on Friday that its subsidiary Bachmann Plant Hire (BPH) has secured a AUD 2. 0m contract providing civil and earthworks on an Australian Federal Government project in the Northern Territory of Australia.
Nationwide to pour another £1.3bn into technology
Nationwide Building Society announced on Friday that it is making an additional technology investment of £1. 3bn, taking its overall investment plans to £4. 1bn over the next five years.
ANZ under investigation in Australia for alleged breach of disclosure rules
Australia and New Zealand Banking Group (ANZ) said on Friday that the Australian Securities and Investments Commission (ASIC) had advised that it has commenced civil penalty proceedings against the bank for failing to comply with its continuous disclosure obligations.