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Broker tips: Synthomer, Ceres Power, GCP Infrastructure
Analysts at Berenberg lowered their target price on chemicals business Synthomer from 400. 0p to 320. 0p on Friday as it lowered its operating profit expectations for 2023-25.
Director dealings: Mercantile Ports & Logistics director ups holdings
Mercantile Ports & Logistics revealed on Friday that non-executive director John Fitzgerald had acquired 624,419 ordinary shares in the AIM-listed Indian port operator.
US open: Stocks lower as earnings season kicks off
US stocks were in the red early on Friday as market participants strapped themselves in for the beginning of another corporate earnings season.
Bank of America Q4 profits fall on one-time charges
Investment bank and financial services firm Bank of America posted a decline in fourth-quarter profits on Friday as a result of being hit with some sizeable one-time charges.
JPMorgan Chase posts record FY profits
US banking giant JPMorgan Chase posted record full-year profits on Friday, driven by a windfall from rising interest rates.
US pre-open: Futures lower as earnings begin to roll in
US futures were in the red ahead of the bell on Friday as market participants strapped themselves in for the beginning of another corporate earnings season.
Air Astana expects to go ahead with London IPO
Kazakhstani carrier Air Astana expects to go ahead with its initial public offering on both the London and Kazakhstan stock exchanges, which will likely come alongside a sale of existing shares and global depositary receipts held by BAE Systems.
Berenberg lowers target price on Synthomer
Analysts at Berenberg lowered their target price on chemicals business Synthomer from 400. 0p to 320. 0p on Friday as it lowered its operating profit expectations for 2023-25.
London Tunnels to float on LSE
The London Tunnels announced its intention to seek admission to trading on the main market of London Stock Exchange on Friday, which it expects to take place before the end of the month.