Full List Of Stories
FTSE 100 movers: Burberry, IAG in the red
London’s FTSE 100 was up 1% at 7,654. 88 in afternoon trade on Friday.
Wells Fargo posts rise in Q4 profit; credit loss provisions increase
Wells Fargo posted a rise in fourth-quarter profit and revenue on Friday, but provisions for credit losses jumped.
London midday: Stocks stay up after UK GDP data
London stocks were still in the black by midday on Friday after data showed the UK economy returned to growth in November, as investors mulled the latest earnings from US banking behemoths Bank of America and JPMorgan Chase.
RBC Capital downgrades Ceres Power on stalling momentum
RBC Capital Markets downgraded Ceres Power on Friday to ‘underperform’ from ‘sector perform’ and slashed the price target to 150p from 600p on stalling momentum.
London open: Stocks gain as UK economy returns to growth
London stocks gained in early trade on Friday after data showed the UK economy returned to growth in November, and as investors eyed earnings from US banking behemoths.
Metro Bank CFO James Hopkinson to step down
Metro Bank said on Friday that chief financial officer that James Hopkinson has agreed to step down with immediate effect.
UK economy returns to growth in November
The UK economy returned to growth in November, according to figures released on Friday by the Office for National Statistics.
London pre-open: Stocks to rise as UK economy returns to growth
London stocks were set to rise at the open on Friday following heavy losses in the previous session, as data showed the UK economy returned to growth in the November.
Friday newspaper round-up: Post Office, Boeing, Tesla
The former UK boss of Fujitsu, the technology firm whose flawed IT system is at the heart of the Post Office Horizon scandal, received a £2. 6m payoff after standing down from the company in 2019, corporate filings suggest. Fujitsu has come under increasing scrutiny during the public inquiry into the Horizon scandal, which led to thousands of people who owned and ran smaller post offices being falsely accused or convicted of theft or fraud between 1999 and 2015. – Guardian.