Full List Of Stories
US existing home sales drop to lowest level since 1995 - NAR
US existing home sales fell in December to the lowest level since 1995, according to data released on Friday by the National Association of Realtors.
Kaman to be taken private by Arcline in $1.8bn deal
Aerospace parts manufacturer Kaman said on Friday that it has agreed to be taken private by Arcline Investment Management in a $1. 8bn deal.
FTSE 100 movers: Persimmon boosted by upgrade; Aviva gains
London’s FTSE 100 was 0. 2% higher at 7,472. 95 in afternoon trade on Friday.
Wayfair to cut 13% of workforce, shares surge
Wayfair surged on Friday as the online home retailer announced plans to cut around 13% of its global workforce in a bid to save more than $280m.
London midday: Stocks stay up as sterling falls on weak retail sales
London stocks were still in the black by midday on Friday as weak retail sales figures weighed on sterling and boosted rate cut hopes.
Wincanton to be taken private by Ceva Logistics in £566.9m deal
Logistics company Wincanton said on Friday that it has agreed to be taken private by Ceva Logistics, a subsidiary of French shipping firm CMA CGM, in a £566. 9m deal.
Morgan Stanley double upgrades Persimmon to ‘overweight’
Morgan Stanley upgraded its stance on Persimmon on Friday as it took a look at the UK housebuilding sector.
London open: FTSE gains as weak retail sales boost rate cut hopes
London stocks rose in early trade on Friday as weak retail sales figures boosted rate cut hopes.
London pre-open: Stocks seen up after upbeat US session; retail sales slump
London stocks were set to edge up at the open on Friday following a positive US session, as investors digest disappointing UK retail sales data.
Friday newspaper round-up: Tax cuts, Endeavour Mining, Google
Jeremy Hunt has dangled the prospect of big tax cuts in his March budget, in what is seen as one of the last opportunities for the Conservatives to claw back Labour’s huge opinion poll lead. In his first public comments on his budget strategy, the chancellor made clear that only unexpected bad news would prevent him from answering the call from Tory MPs for a substantial giveaway before an expected autumn general election. – Guardian.