Market Report
Asia report: Most markets fall amid mixed signals on trade
Most markets in Asia finished mostly lower on Friday, as investors reacted to mixed messages on the never-ending US-China trade situation.
US pre-open: Stocks seen muted following record close for Dow Jones
US stock futures were pointing to a muted start to trading on Friday after a record close for the Dow Jones Industrial Average in the previous session.
Standard Chartered CEO, CFO pensions cut
Asia-focused lender Standard Chartered will cut the pension allowances of chief executive officer Bill Winters and chief financial officer Andy Halford following shareholder protests.
Games Workshop trading 'well', profit and revenue ahead of last year
Games Workshop said on Friday that trading since its update in September had continued "well", with profit and sales ahead of the previous year.
Europe midday: Markets edge lower amid Sino-US confusion
European stocks were slightly lower at lunchtime on Friday, as trade deal confusion reigned following conflicting reports from Washington, while Chinese and German customs data topped expectations.
Beowulf raises £0.25m as it continues to wait on Swedish government
Mineral exploration and development company Beowulf Mining announced a subscription for new ordinary shares on Friday, to raise £0. 25m before expenses.
Canaccord ups Hiscox to 'buy', says reaction to update was 'overdone'
Analysts at Canaccord Genuity upped their rating on shares of insurance firm Hiscox from 'hold' to 'buy' on Friday, saying the share price reaction to the group's trading update earlier this week appeared to be overdone.
Horizon Discovery offloads In Vivo business to Envigo
Gene editing and gene modulation technology company Horizon Discovery Group announced an agreement to divest its In Vivo business unit to Envigo RMS on Friday, for a nominal consideration satisfied in cash.
Target Healthcare deploys recently-raised funds in four transactions
Care home investor Target Healthcare has agreed the acquisition of eight care homes and 31 retirement apartments, in four separate transactions, for a total consideration of £81. 3m including transaction costs, it announced on Friday.
Citi trims BT target price to incorporate Virgin Media contract loss
Citi trimmed its price target on BT to 205p from 220p on Friday as it incorporated the loss of the Virgin Media wholesale contract, which was announced earlier this week.
London midday: Stocks remain lower as trade deal hopes dashed
London stocks were off lows but still in the red by midday on Friday as optimism over a trade deal between the US and China faded.
i3 Energy successfully spuds Liberator A2 well, announces placing
Independent oil and gas company i3 Energy said on Friday that it had successfully spudded its Liberator A2 well in the North Sea following the plugging and abandonment of the Serenity 13/23c-10 well.
Week ahead: UK macro calendar jam-packed; Burberry, Vodafone results eyed
The UK macro calendar is jam-packed next week, with GDP, manufacturing, jobs data, inflation and retail sales figures all slated for release.
Spirent maintains guidance as 5G drives growth
Test, measurement, analytics and assurance technology company Spirent Communications updated the market on its trading for the third quarter on Friday, reporting that it saw continued business growth, and remained confident that it would show progress in 2019.
Charles Taylor agrees higher takeover offer from Lovell Minnick
Charles Taylor has agreed an increased takeover offer from US private equity firm Lovell Minnick Partners.
Symphony Environmental chairman stands down
Non-plastic products specialist Symphony Environmental said on Friday that Nirj Deva had resigned from his position as chairman with immediate effect.
TruFin narrows losses on improved revenues
Lending business TruFin narrowed losses during the third quarter thanks to a marked increase in revenues.
Europe open: Stocks in the red amid trade deal uncertainty
European stocks were lower on Friday morning as trade deal optimism was dampened by reports of infighting in Washington, while Chinese customs data beat expectations.
IAG lowers capacity growth and EPS forecasts
British Airways and Iberia owner International Consolidated Airlines Group on Friday cut its estimates for capacity growth over the next three years as a result of a weakening global economy, denting its earnings per share forecasts.
London open: Stocks fall amid conflicting China-US trade news
London stocks fell in early trade on Friday as optimism over a trade deal between the US and China faded, with British Airways parent IAG among the losers after a disappointing update.