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US close: Stocks higher following July PCE numbers
Wall Street stocks closed higher on Friday as investors digested a key inflation reading.
Broker tips: Grafton, Life Sciences REIT
Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100. 0p to 1,200. 0p on Friday, citing an "attractive opportunity".
Director dealings: Sabre Insurance director raises stake
Sabre Insurance revealed on Friday that non-executive director Bryan Joseph had acquired 32,796 ordinary shares in the London-listed motor insurer.
US open: Stocks higher as traders digest July PCE reading
Wall Street stocks were in the green early on Friday as investors digested a key inflation reading.
US PCE rises 0.2pc in July
The Federal Reserve Bank's preferred inflation gauge rose in July, according to the Commerce Department, in line with preliminary estimates.
Jefferies lowers target price on Life Science REIT
Jefferies cut its price target on real estate investment trust Life Sciences REIT from 45. 0p to 36. 0p following a visit to the group's Cambourne Science & Technology Park.
US pre-open: Futures trade higher ahead of PCE reading
Wall Street futures were in the green ahead of the bell on Friday as investors braced for a key inflation reading later in the day.
Berenberg hikes target price on Grafton
Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100. 0p to 1,200. 0p on Friday, citing an "attractive opportunity".
Filtronic wins $8.4m contract with SpaceX
Communications equipment company Filtronic said on Friday that it had won a contract with SpaceX valued at $8. 4m.