Market Report
Europe close: Stocks slip after data shows US jobs market still running hot
European shares were mostly in the red on Friday as investors digested a far stronger-than-expected US payrolls report.
London close: Investors and analysts cautious after 'sizzling' US jobs report
For investors who had grown accustomed to market conditions where 'bad news' on the economy was 'good news' for stocks, Friday's much stronger-than-expected reading on the US jobs proved a disappointment.
FTSE 100 movers: Hargreaves Lansdown rallies; WPP slumps
London’s FTSE 100 was up 0. 1% at 7,456. 92 in afternoon trade on Friday.
FTSE 250 movers: Tullow gushes higher despite well abandonment
The FTSE 250 was down 0. 42% at 20,071. 24 at 1526 BST.
US open: Stocks head south following NFP data
Wall Street stocks headed south early on Friday as market participants digested a key jobs report.
Amazon to buy Roomba robot vacuum maker iRobot in $1.7bn deal
Amazon said on Friday that it has agreed to buy iRobot in a $1. 7bn cash deal.
Europe midday: Shares slip into red on gloomy outlook
European shares had slipped into the red by late morning on Friday as investors eyed US payrolls data later in the day.
London midday: FTSE little changed ahead of payrolls
London stocks were still little changed by midday on Friday as investors erred on the side of caution ahead of the latest US non-farm payrolls report.
Broker tips: Hikma Pharmaceuticals, BAE Systems, Go-Ahead Group
Barclays downgraded Hikma Pharmaceuticals on Friday to 'equalweight' from 'overweight' and cut the price target to 1,750. 0p from 2,250. 0p as it said a lack of visibility in the generics division was a real concern.
US pre-open: Futures flat ahead of key jobs report
Wall Street futures were pointing to a broadly flat open ahead of the bell on Friday as market participants patiently awaited a key jobs report.
Jefferies downgrades Go-Ahead, lifts price target after improved takeover offer
Jefferies downgraded Go-Ahead on Friday to ‘hold’ from ‘buy’ as it lifted its price target to 1,550p from 1,320p to reflect the increased takeover offer from Kinetic and Globalvia.
Capita H1 pre-tax profits slump
Outsourcing and professional services firm Capita said on Friday that interim pre-tax profits had slumped due to business exits and portfolio goodwill impairment.
Barclays downgrades Hikma to ‘equalweight’ on Generics concerns
Barclays downgraded Hikma Pharmaceuticals on Friday to ‘equalweight’ from ‘overweight’ and cut the price target to 1,750p from 2,250p as it said a lack of visibility in the generics division was a real concern.
Pendragon terminates potential takeover talks
Car dealership Pendragon said on Friday that it has terminated potential takeover talks after one of its shareholders failed to engage with the proposal.
Deutsche Bank raises target price on BAE Systems
Analysts at Deutsche Bank raised their target price on aerospace and defence giant BAE Systems from 860. 0p to 970. 0p on Friday, stating the group was "still in a sweet spot".
Europe open: Shares flat ahead of US payroll data
European shares were in subdued mood again at the open on Friday as investors eyed US payrolls data later in the day.
London open: Stocks steady ahead of non-farm payrolls report
London stocks were steady in early trade on Friday as investors eyed the release of the latest US non-farm payrolls report.
UK house prices fall in July for the first time in a year - Halifax
UK house prices fell in July for the first time in a year amid rising interest rates and surging inflation, according to a survey released on Friday by Halifax.
Tullow Oil plugs and abandons well offshore Guyana
Tullow Oil said on Friday that it has plugged and abandoned an exploration well offshore Guyana.
LSE announces £750m share buyback as H1 profits rise
London Stock Exchange announced the launch of a £750m share buyback on Friday as it posted a jump in first-half profit and lifted its dividend.