Market Report
Broker tips: Whitbread, Ashtead, Tullow Oil
Analysts at Canaccord Genuity lowered their target price on Premier Inn operator Whitbread to 4,250p from 4,500p on Friday following the group's "disappointing" third-quarter update in the previous session.
Morgan Stanley says key questions left unanswered by Tullow Oil
Analysts at Morgan Stanley reiterated their 'equalweight' recommendation for shares of Tullow Oil, telling clients that its most recent guidance left key questions unanswered.
Europe close: Stocks jump after better-than-expected data out of Asia
Stocks across the Continent extended their recent gains, tracking the fresh highs being set on Wall Street and following the release of stronger-than-expected economic data in China.
Travelex restores first customer-facing systems after hack
Travelex announced on Friday it had restored the first of its customer-facing services in the UK and that the return to normal operations was firmly underway.
Director dealings: Zenith founder and CEO ups stake
Zenith Energy revealed on Friday that chief executive Andrea Cattaneo had purchased seven million ordinary shares in the energy production and exploration company.
London close: Shares advance on rate cut speculation and after Chinese data
Share prices jumped at the end of the week, amid mounting speculation of an upcoming cut to Bank Rate and stoked by a raft of better-than-expected economic data out of the People's Republic of China.
Morgan Stanley highlights 'underappreciated' opportunity at Ashtead
Analysts at Morgan Stanley upgraded Ashtead to 'overweight' on Friday, stating that data centres were an "overlooked structural growth opportunity" for US construction equipment rental.
Michigan consumer sentiment index slips in January
US consumer sentiment deteriorated a touch in January, according to a preliminary reading from the University of Michigan.
US open: Stocks continue historic rally following some solid earnings
US stocks opened higher on Friday following the release of some economic data out of China overnight and a strong start to earnings season.
Europe midday: Basic Resources firms pace gains after Chinese data
Stocks across the Continent extended their recent gains, tracking fresh record highs overnight on Wall Street and following the release of stronger-than-expected economic data in China.
Chinese economic activity picks up at the end of 2019, but headwinds remain
Economic activity in China at the end of 2019 execeded forecasts, but some economists said that it was too soon to sound the 'all clear'.
FTSE 250 movers: Cranswick rallies on update; Hastings slumps on profit warning
London’s FTSE 250 was up 0. 8% at 21,883. 43 in afternoon trade on Friday.
UK rules out automatic deportation of EU citizens post Brexit
Brussels's Brexit spokesman said on Friday that the UK had ruled out the option of automatically deporting citizens from the European Union that did not apply for settled status after Brexit.
Canaccord Genuity lowers target price on Whitbread
Analysts at Canaccord Genuity lowered their target price on Premier Inn operator Whitbread to 4,250p from 4,500p on Friday following the group's "disappointing" third-quarter update in the previous session.
Alphabet's market cap hits one trillion dollars
Google’s parent company Alphabet became a trillion-dollar company on Thursday for the first time, the fourth US firm to reach that milestone.
Xiaomi announces POCO to be standalone company
Xiaomi said on Friday that it would spin off POCO as a standalone company that will run independently from the Chinese tech giant.
Omega Diagnostics geta approval for HIV test in Nigeria
Medical diagnostics company Omega Diagnostics has received approval from the Federal Ministry of Health in Nigeria, to enable its ‘VISITECT CD4 350’ test product to be deployed in that country, it announced on Friday.
Warm weather hits US industry in December, but economists remain sanguine
Industrial production in America softened unexpectedly in December but mainly due to unusually warm weather.
Ncondezi Energy on track for tariff submission
Ncondezi Energy updated the market on its power tariff finalisation and submission process for the integrated 300MW coal-fired power project and coal mine in Tete, Mozambique on Friday, reporting that the tariff financial model was on track for submission to its strategic partners at the end of January.
Barkby Group exchanges contracts on Huntingdon site
Barkby Group announced on Friday that the site in Huntingdon, Cambridgeshire, referred to in its AIM admission document on 19 December, has progressed from being in legal negotiations to having exchanged contracts.