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Berenberg reiterates 'hold' on Intertek, raises target price
Berenberg has reiterated a ‘hold’ rating on Intertek Group and raised its target price to 3,600p from 2,800p.
BP to avoid repeat CEO pay policy row
Oil giant BP is courting new investors to avoid a repeat of the pay row for its chief executive.
Speculation surfaces of possible bid for easyJet by its founder
Market chatter surfaced on Friday morning, referencing a newspaper report, regarding a possible bid for easyJet.
Broker tips: Gem Diamonds, Glencore, KAZ Minerals
RBC Capital Markets downgraded Gem Diamonds to ‘sector perform’ from ‘outperform’ and slashed the price target to 130p from 170p.
Brexit leaves dent in UK public finances for July
The government ran a smaller budget surplus in July than might otherwise have been the case due to the impact of the referendum vote, in turn possibly leaving less room for the Chancellor to provide stimulus, economists said.
Asia: Stocks mixed as oil prices retreat on stronger dollar
Asian stocks were mixed on Friday as oil prices retreated on a stronger US dollar and profit taking in the Americas.
Immedia Group sounds upbeat note on Subway radio uptake
AIM-listed Immedia Group said on Friday that it is seeing much higher-than-expected uptake of its Subway radio streaming platform by franchisees, further to the contract announced back in April.
Infrastrata repays loan from Baron Oil early
InfraStrata repaid its loan from Baron Oil early but modified the terms of its loan agreement, extending the latter's right to buy into its Islandmagee development in exchange for a cash payment.
Stellar Diamonds shares suspended ahead of reverse take-over announcement
Stellar Diamonds announced the LSE would suspend trading in its shares pending the announcement of a potential reverse takeover.
Independent Oil & Gas's first appraisal well at Skipper comes up dry
Independent Oil and Gas first operated appraisal well on its Skipper discovery failed to encounter hydrocarbons but confirmed the commerciality of the field, according to the company's directors.
Europe open: Stocks drift lower in quiet trade
European stocks drifted lower early on Friday in holiday-thinned trade, with little in the way of corporate or macroeconomic news to drive markets.
Work Group reports 2015 loss after 'struggling to survive'
Work Group reported another loss in 2015 as the company was “without doubt struggling to survive” in difficult trading conditions.
Kellan Group swings to first-half loss
Recruitment business Kellan Group swung to a loss in the first half as sales fell, with many clients taking longer to make decisions due to uncertainty surrounding the EU referendum.
London open: Stocks open lower on lack of catalysts
London stocks struggled for direction on Friday with a lack of fresh catalysts to drive markets.
Credit Suisse upgrades KAZ Minerals, says development risks receding
Credit Suisse upgraded KAZ Minerals to ‘outperform’ from ‘neutral’ and lifted the price target to 250p from 165p saying development risks are receding.
Crossrider appoints Moran Laufer as acting CFO
AIM-listed Crossrider has appointed Moran Laufer as acting chief financial officer.
FOMC facing challenging times, Fed's Kaplan says
US central bankers are facing challenging times given the reduced room for policy-makers to manouvre given the current low neutral interest rate.
RBC downgrades Gem Diamonds to 'sector perform' on valuation
RBC Capital Markets downgraded Gem Diamonds to ‘sector perform’ from ‘outperform’ and slashed the price target to 130p from 170p.
Monsoon Accessorize to close 141 stores
Monsoon Accessorize has decided to close 141 of its largest shops, in a move that may impact hundreds of jobs.
Macquarie downgrades Glencore to neutral, awaiting guidance
Macquarie downgraded its recommendation on shares of Glencore to 'neutral', telling clients that the commodity trader's "impressive debt reduction is now largely priced-in".