Latest News
Friday newspaper share tips: Inmarsat, Centrica
Inmarsat’s trading will get a boost in coming years following large investments in getting new kit into space but the challenges facing the industry mean that a correction in the shares was overdue, the Financial Times’s Lex column said.
FTSE 100 movers: Gold producers rise while metals slide further
The FTSE 100 was trading choppily on Friday afternoon, as investors digested a lower-than-expected nonfarm payroll reading for April from the US.
FTSE 250 movers: Interserve tumbles on impairment; CapCo up on trading update
London’s FTSE 250 index was down 0. 3% to 16,608. 19 in afternoon trading, as investors digested a weaker-than-expected non-farm payrolls report.
Immunodiagnostic launches first product in fertility portfolio
Specialty clinical laboratory diagnostic solutions company Immunodiagnostic Systems Holdings announced the launch of the IDS-iSYS 17-OH Progesterone assay in the European market - the first product released as part of its upcoming steroid hormones fertility portfolio.
Clarkson warns of challenging outlook
Clarkson was under the cosh on Friday as it warned the short-term outlook remains “very challenging” and risks to the full-year outcome have increased, putting a heavier weighting on the second half.
Results round-up
First quarter revenue per available room at Intercontinental Hotels Group (IHG) rose 1. 5% at constant exchange rates against a background of weak oil markets and earlier Easter which impacted hard in the Americas and Europe.
Broker tips: Interserve, Shire, Man Group
Numis has placed its rating and target price on Interserve ‘under review’ after the company highlighted contractual issues.
Japanese prime minister warns against drastic moves in yen exchange rate
Drastic fluctuations in the exchange rate of the yen were not desirable and the country's authorities would like to respond to them as they deemed necessary, Japan's Prime Minister said.
Jason Walsh returns to CPPGroup as CEO
International assistance business CPPGroup announced Jason Walsh as its new group chief executive on Friday, with effect from 16 May.
Europe midday: Stocks drop as attention shifts to payrolls report
European stocks pushed lower on Friday as investors took some money off the table ahead of the non-farm payrolls report, which could provide further clues on the timing of the next Federal Reserve rate hike.
London midday: Equities fall ahead of US non-farm payrolls report
UK equities dropped on Friday as oil prices fell and investors awaited the US non-farm payrolls report.
EY: Oil price outlook - reset or recycle?
By Susan Grissom, Senior Strategic Oil & Gas Analyst, EY.
Glencore reportedly in talks to sell further 9.9% stake in agricultural unit
Glencore is reportedly in talks to sell a further 9. 9% stake in its agricultural unit, valued at around $625m.
Numis places Interserve 'under review'
Numis has placed its rating and target price on Interserve ‘under review’ after the company highlighted contractual issues.
US pre-open: Stocks seen touch weaker ahead of payrolls
US futures pointed to a marginally weaker open on Wall Street as investors looked to the release of the non-farm payrolls report for any clues on the timing of the next rate hike by the Federal Reserve.
Citi double-downgrades Man Group shares to sell
Analysts at Citi took a knife to their recommendation and estimates for shares of Man Group.
US central bank should not raise inflation target, Fed's Kaplan says
Governments from around the world, including that of the United States, need to boost public spending in order to boost economic growth, a top US central bank official said.
Asia report: Down under tracks higher while others falter
Most markets in Asia ended Friday lower, as investors closed their wallets ahead of the US nonfarm payroll numbers for April - though Australia managed to reverse losses after official inflation forecasts for the country were lowered.
UK new car registrations rise in April, SMMT reveals
British new car registrations rose 2% to 189,505 units in April, according to data on Friday.
Global economy to 'sink below the icy waves', says SocGen's Albert Edwards
Never one to mince his words, Societe Generale strategist Albert Edwards predicted more doom and gloom this week, saying the weak dollar should be seen “as merely a shuffling of deckchairs on the Titanic before the global economy sinks below the icy waves”.