Latest News
Tullett-ICAP deal gets US approval
Tullett Prebon said on Friday that its proposed acquisition of ICAP’s global hybrid voice broking and information business has been cleared by US authorities.
FTSE 250 movers: Acacia shines on solid interims
Shares in Acacia Mining soared as interim pre-tax profits rose to $101m from $25m as gold prices and sales surged while costs fell.
FTSE 100 movers: Vodafone impresses; easyJet still in doldrums
Vodafone shares topped the FTSE risers after its first-quarter revenue beat analysts’ expectations. In corporate news, Home Retail Group gained ground after the Competition and Markets Authority cleared Sainsbury’s acquisition of the Argos owner.
Sports Direct boss accused of running 'Victorian workhouse'
A parliamentary inquiry has accused Sports Direct boss Mike Ashley of operating his chain like a “Victorian workhouse” and failed to treat his workers without any dignity or respect.
Results round-up
Interim pre-tax profits at Acacia Mining soared to $101m from $25m as gold prices and sales surged while costs fell.
Ariana Resources places 30m shares to fund drilling
Ariana Resources announced on Friday a placing of 29,616,666 new ordinary shares of 0. 1p each in the company, at a price of 1. 5p per share, in order to raise gross proceeds of around £0. 45m before expenses.
Starbucks blames social unrest for missing third consecutive sales target
Starbucks Corp. posted disappointing results in Europe and the US with a third successive sales target miss, citing global concerns regarding civil unrest as a major factor.
Europe midday: Stocks tread water as investors digest PMIs, earnings
European stocks were little changed on Friday as investors digested eurozone PMI data and sifted through corporate releases.
London midday: Stocks climb on BoE stimulus hopes
London stocks climbed on Friday as weak UK manufacturing data lifted hopes of further stimulus measures from the Bank of England.
US pre-open: Stocks seen a little higher amid earnings deluge
US futures pointed to a slightly higher open on Wall Street as corporate earnings came thick and fast.
Central Rand Gold completes tolling agreement
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.
Week ahead: Fed's interest rate decision, US and UK GDP
The Federal Reserve’s interest rate decision will be in the spotlight next week with the central bank widely expected to follow the lead from other central banks in keeping policy unchanged.
Clinigen Group issues 38k option shares
Clinigen Group announced on Friday that it has made an application for the admission to trading on AIM of 38,308 ordinary shares of 0. 1p each.
Volvo aiming to sell self-driving technology cars by 2021
Volvo Car Group is joining the race to advent self-driving technology in cars, as it targets 2021 as the year it will be able to sell a model with such a device.
UK's Hammond may 'reset' policy in Autumn Statement
Britain's new Chancellor of the Exchequer Philip Hammond said he may use the Autumn Statement to "reset" Britain's economic policy, the BBC reported.
FCA review finds 'significant shortcomings' among insurance agents
The Financial Conduct Authority said on Friday that it has found “significant shortcomings” in the control and oversight of appointed representatives by their principal firms in the general insurance sector.
Broker tips: Man Group, EasyJet, M&S
Man Group shares rose on Friday as RBC Capital Markets upgraded the stock to ‘outperform’ from ‘sector perform’ and reiterated a target price of 140p.
Apple Watch sales down ahead of next generation release
Shipments of Apple Watches declined 55% year-over-year in the second quarter, as the release of a second generation of the technology is due to come later this year.
Markit's flash UK PMI shows steepest contraction since early 2009
The latest data from Markit released on Friday showed the UK economy contracted at its steepest pace since early 2009 in July.
Asia report: Markets close lower, while Pokemon keeps Nintendo's fires burning
Markets in Asia slipped on Friday, though Japan’s flavour of the month Nintendo joining McDonald’s on the upside after the pair joined forces in finally launching hit mobile game Pokemon Go in the country.