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UK Oil & Gas Investments buys further stake in Horse Hill discovery
UK Oil & Gas Investments on Friday announced it has bought a further interest in the Horse Hill-1 oil discovery.
Small caps round-up
Central Rand Gold announced on Friday that it has completed and executed the definitive documents which will govern its Joint Venture Tolling Agreement with the unnamed third party supplier of gold bearing ore. The AIM-traded firm also announced that it has received multiple deliveries of gold bearing ore from the supplier which is presently being stockpiled on site at the company's metallurgical plant.
American Airlines adds to industry woes with Q2 revenue and profit drop
American Airlines was the latest bad luck story of the airline industry as it reported a drop in its revenue and profits for the second quarter.
Europe close: Stocks end flat amid raft of data and corporate news
European stocks were relatively flat at close on Friday as investors digested eurozone PMI data and sifted through corporate releases.
London close: FTSE boosted by weaker pound after dismal UK PMIs
The FTSE 100 ended higher on Friday as the pound weakened following dismal UK data on the services and manufacturing industries.
Sam Allardyce appointed manager of England football team
The England football team has a new head coach as the popular Sam Allardyce has been announced as the man who will lead the team into qualifying for the 2018 World Cup in Russia.
Inland Homes warns on profits ahead of final results
South East England-focused housebuilder Inland Homes updated the market on its trading on Friday, ahead of its preliminary results for the 12 months ended 30 June, which will be announced in September.
Accrol reports jump in annual earnings shortly after AIM IPO
Accrol Group, a maker of toilet rolls and tissue paper, on Friday reported its first set of annual results since floating on the London Stock Exchange’s AIM market on 10 June.
Uvenco warns on exceptional costs
Uvenco issued a warning to the market on Friday, that some costs in its accounts for the year to 31 March might have more of an impact than first thought.
Toumaz drops off Sensium on road to profitability
Wireless technologies company Toumaz announced on Friday the sale of its healthcare business, Sensium Healthcare, and also provided the market with a trading update for the six months ended 30 June.
Scientific Digital Imaging sees revenue and earnings rise in final results
Scientific and technology products company Scientific Digital Imaging posted its final audited results for the year ended 30 April on Friday, with revenue rising to £8. 5m from £7. 0m a year earlier.
Verizon closing in on Yahoo deal - reports
Verizon Communications Inc. is said to be closing in on a deal to buy Yahoo! Inc, according to Bloomberg sources.
Commodities: Precious metals drop after weak PMIs
Precious metal prices fell on Friday after weaker-than-expected manufacturing data.
FX report: Pound falls against the dollar after weak PMIs
The pound fell further against the dollar on Friday as weak UK manufacturing data dampened the economic outlook.
IMF's Lagarde to face trial over Tapie payout
International Monetary Fund chief Christine Lagarde will stand trial over a state payout to the French tycoon Bernard Tapie, an appeals court ruled on Friday.
Sector movers: Hikma leads pharmaceuticals higher, Vodafone boosts mobile telcos
Pharmaceutical companies were leading the upside on Friday afternoon, after analysts at Numis initiated coverage of Hikma Pharmaceuticals, rating it at ‘add’.
US open: Stocks little changed as investors sift through earnings
US stocks flitted between small gains and losses on Friday as investors sifted through a raft of corporate news.
Markit's flash US manufacturing PMI beats expectations in July
Markit’s flash manufacturing purchasing managers’ index rose to an eight-month high of 52. 9 in July from 51. 3 in June.
General Electric earnings up 65% from 2015
US conglomerate General Electric reported performance well above analysts' expectations on Friday for their seceond quarter earnings, topping last year's numbers by about 65%.