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FTSE 100 movers: Smurfit Westrock up on JPM note; water firms give back gains
London’s FTSE 100 was up 0. 3% at 8,250. 61 in afternoon trade on Friday.
Unilever to cut third of office roles in Europe - report
Unilever is reportedly planning to cut a third of all office roles in Europe by the end of next year, as the company’s new chief executive forges ahead with his plan to boost growth at the struggling consumer goods giant.
London midday: Stocks up on US rate cut hopes
London stocks were still in the black by midday on Friday, with sentiment boosted by US rate cut hopes, as investors turned their attention to bank earnings across the pond.
Smurfit Westrock 'top pick' in sector, says JPMorgan
JPMorgan Cazenove initiated coverage of Smurfit Westrock on Friday with an ‘overweight’ rating and $66 price target, adding the stock to its ‘Analyst Focus List’.
London open: FTSE gains as attention turns to US bank earnings
London stocks rose in early trade on Friday as investors turned their attention to the US, where banks are due to kick off the earnings season.
RBC Capital trims Hays price target
RBC Capital Markets cut its price target on Hays on Friday after the recruiter said a day earlier that full-year profit was set to be around the bottom end of the market consensus range of £106m to £113m as it posted a drop in fourth-quarter net fees.
London pre-open: Stocks to rise as investors eye US bank earnings
London stocks were set to rise at the open on Friday as investors turned their focus to the US, where banks are due to kick off the earnings season.
Friday newspaper round-up: Post Office, Rosebank, Carpetright
Labour will miss its target of delivering 1. 5m new homes this parliament without an emergency cash injection into the affordable housing sector, providers have warned. Housing associations and councils have written to deputy prime minister, Angela Rayner, saying her promise to deliver “the biggest boost to affordable housing in a generation” will be impossible unless there are urgent interventions to fix the financial pressures providers face. – Guardian.