Full List Of Stories
FTSE 100 movers: Croda rallies; Tesco, Sainsbury's dented by JPM note
London’s FTSE 100 was up 1. 4% at 7,637. 67 in afternoon trade on Friday.
Spirit Airlines tanks as JetBlue says merger may need to be terminated
Spirit Airlines tanked on Friday after JetBlue said their merger deal might need to be terminated.
JPMorgan Cazenove cuts Tesco, Sainsbury's price targets
Tesco and Sainsbury’s were in the red on Friday after JPMorgan Cazenove cut its price targets on the shares, saying it remains cautious on the UK grocery space fundamentally, which based on its investor feedback "appears still to be a contrarian stance".
London midday: FTSE extends gains as investors eye US inflation reading
London stocks had extended gains by midday on Friday as investors mulled an upbeat consumer confidence survey, with luxury shares boosted by well-received results from LVMH and Remy Cointreau.
Elon Musk’s xAI in talks to raise up to $6bn - report
Elon Musk’s xAI is reportedly in talks to raise up to $6bn, as the Tesla and X chief looks to global investors, including in Hong Kong, to finance his challenge to Microsoft-backed OpenAI.
Saga considering partnership arrangement for cruise business
Saga said on Friday that is considering options for its cruse business, including a partnership arrangement.
WH Smith sales boosted by travel segment
WH Smith posted an 8% jump in total group revenues for the 20 weeks to 20 January 2024, as it hailed strong momentum in the travel business and struck an upbeat note on the outlook.
London open: Stocks gain as consumer confidence hits two-year high
London stocks rose in early trade on Friday as investors mulled an upbeat consumer confidence survey and looked ahead to the release of key US inflation data.
London pre-open: Stocks seen up as investors eye US inflation data
London stocks were set to rise at the open on Friday following gains on Wall Street, as investors eyed the latest US inflation data.
Friday newspaper round-up: Car insurance, Vodafone, The Telegraph
Car owners who pay for their insurance monthly rather than with a one-off lump sum are being charged interest of more than 30%, research has found, in what has been described by campaigners as a “poverty premium”. Insurers give customers the choice of paying one annual premium or breaking it up and paying over the course of the year. – Guardian.