Full List Of Stories
FTSE 100 movers: Pharma stocks take a hit; Land Securities rallies
London’s FTSE 100 was down 0. 1% at 8,062. 10 in afternoon trade on Friday.
OPG being investigated for alleged regulatory non-compliance
OPG Power Ventures said on Friday that it was the subject of an investigation into alleged regulatory non-compliance under the Foreign Exchange Management Act (FEMA).
London midday: FTSE pops higher but pharma stocks slide
London stocks had popped into the black by midday on Friday but gains were marginal as pharma shares took a hit and as data showed that economic growth in the UK unexpectedly slowed in the third quarter.
Evotec surges on Halozyme takeover interest
Evotec surged on Friday after Halozyme Therapeutics confirmed it had submitted a non-binding proposal to buy the German biotech for €11. 00 per share in cash, or about €2bn.
London open: Stocks fall as UK growth slows
London stocks fell in early trade on Friday as data showed that economic growth in the UK unexpectedly slowed in the third quarter.
MJ Gleeson sees FY in line despite ‘lack of conviction’ in market
Housebuilder MJ Gleeson said on Friday that it remains on track for full-year results in line with market expectations despite a "lack of conviction" in the market, which continued through the Autumn.
London pre-open: Stocks seen lower on weak US cues; GDP in focus
London stocks were set to fall at the open on Friday following a downbeat session on Wall Street, as investors mulled the latest UK GDP data.
Friday newspaper round-up: London Capital & Finance, airlines, Resolute Mining
Investment firm London Capital & Finance (LCF), whose failure in 2019 triggered one of Britain’s biggest retail investment scandals, operated as a Ponzi scheme, a London judge ruled on Thursday. The high court said former chief executive Michael Thomson and four others had knowingly participated in the fraud, misled investors and misappropriated assets in a ruling welcomed by LCF’s joint administrators, which brought the case. – Guardian.