Full List Of Stories
FTSE 100 movers: Anglo rallies on Reuters report; IHG slumps
London’s FTSE 100 was up 0. 5% at 8,209. 34 in afternoon trade on Friday.
Accrol agrees to final offer of £130.8m from Navigator Paper
Tissue maker Accrol Group said on Friday that it has agreed to be taken over by Navigator Paper after it made an improved and final offer that values the company at £130. 8m.
TGI Fridays owner Hostmore narrows FY losses
TGI Fridays owner Hostmore said on Friday that it had reduced its annual losses in a "transitional" year.
London midday: Stocks extend gains as Anglo rallies; payrolls eyed
London stocks had extended gains by midday on Friday, with Anglo American leading the advance amid the prospect of a potential bidding war, as investors eyed the latest US non-farm payrolls report.
Asda refinances £3.2bn of debt
Asda said on Friday that it has successfully refinanced more than £3. 2bn of its debt, pushing out the majority of its maturities into the next decade.
UK service sector output grows at fastest pace since May 2023
UK service sector output grew in April at its fastest pace since May 2023, according to a survey released on Friday.
Jefferies downgrades AJ Bell after share price rally
Jefferies downgraded its stance on AJ Bell on Friday to ‘hold’ from ‘buy’ after a circa 30% rally in the shares this year.
London open: Stocks rise ahead of non-farm payrolls
London stocks rose in early trade on Friday following solid sessions in Asia and on Wall Street, as investors eyed the latest US non-farm payrolls report.
Glencore said to be studying approach for Anglo American
Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.
Future appoints ITV Studios’ Sharjeel Suleman as CFO
Media group Future said on Friday that it has appointed Sharjeel Suleman as chief financial officer.
London pre-open; Stocks seen up as investors eye payrolls
London stocks were set for a firmer open on Friday following a positive session on Wall Street, as investors eyed the latest US non-farm payrolls report.
Friday newspaper round-up: Paramount Global, Apple, Coutts
Paramount Global’s share price soared on Thursday following a report that Sony Pictures and Apollo Global Management had made a $26bn offer for the troubled media giant. According to the Wall Street Journal, the offer was made on Wednesday by Sony’s chief executive, Tony Vinciquerra, and Aaron Sobel, a partner at Apollo. Paramount’s shares rose 12% on the news. – Guardian.
FTSE 100 movers: Smurfit shoots higher; Glencore goes ex-div
London’s FTSE 100 was up 0. 6% at 8,173. 17 in afternoon trade on Thursday.
Peloton announces CEO departure; to cut 15% of workforce
Peloton announced the departure of its chief executive on Thursday, alongside plans to cut around 15% of its workforce amid a restructuring programme aimed at reducing annual expenses by more than $200m.
Revolution Bars confirms takeover talks with Nightcap
Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.
BHP deploys team to SA to woo officials over Anglo deal - report
BHP has reportedly deployed a team of senior executives to South Africa as it ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American.
London midday: Stocks up but off highs as StanChart surges on results
London stocks were still in the black but off earlier highs by midday on Thursday, helped along by solid performances from the likes of Standard Chartered and Smurfit Kappa, as investors continued to digest the latest policy announcement from the Federal Reserve.
RBC Capital downgrades Alpha FMC after share price surge
RBC Capital Markets downgraded Alpha Financial Markets on Thursday to ‘sector perform’ from ‘outperform’ following the surge in the share price a day earlier after the financial services consultancy confirmed it had been approached by two parties about a possible takeover.
SIG posts drop in sales amid ‘challenging’ markets
Building products supplier SIG reported a drop in sales on Thursday amid continued "challenging" market conditions.
London open: Stocks rise as StanChart, Smurfit rally
London stocks rose in early trade on Thursday, helped along by solid performances from the likes of Standard Chartered and Smurfit Kappa, as investors mulled the latest policy announcement from the Federal Reserve.