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Euro area manufacturing and service sector activity hits 20-month low
Output from the euro area's manufacturing and services sectors fell to a combined 20-month low in September, according to the results of one of the most widely-followed surveys.
Credit Suisse starts ASOS at 'neutral', says bullishness priced in
Credit Suisse initiated coverage of ASOS at ‘neutral’ with a 5,100p price target as it took a look at the European online retail sector.
ECB wished economy responded quicker to QE, says Constancio
The European Central Bank had hoped its stimulus measures would have provided a boost to the eurozone economy at a faster pace, Vice President Vitor Constancio said on Friday.
Polymetal slides as shareholders sell stakes
Shares in Polymetal International tanked on Friday after two investors said they would sell shares in the miner.
BofA ML upgrades Jimmy Choo to 'buy'
Jimmy Choo got a boost on Friday as Bank of America Merrill Lynch upped the stock to ‘buy’ from ‘neutral’ and lifted the price target to 150p from 130p.
Europe open: Stocks in the red as investors take profits
European stocks were in the red in early trade as investors booked some profits following Thursday’s Fed-fulled gains.
RBC ups targets on specialty lenders due to UK economic resilience
Analysts at RBC revised their price targets for UK challenger banks higher as a result of the resilience shown thus far by the economy and the support provided by the Bank of England.
Persimmon boosted by Liberum upgrade
Housebuilder Persimmon and its peers got a boost on Friday as Liberum upgraded the stock to ‘buy’ from ‘hold’ and lifted price targets across the sector as it took a more positive view.
French Q2 GDP shrinks unexpectedly
France's economy unexpectedly shrank in the second quarter of 2016 as weak domestic demand offset the impact on GDP from a sharp drop in the country's imports.
London open: Stocks slip as investors book some profits
Stocks in London were a little weaker in early trade as investors booked some profits following the previous session’s Fed-inspired rally.
Ex-Tesco executives plead not guilty to charges of accounting fraud
Three of Tesco’s former top managers pleaded not guilty to the charges of abuse of position and accounting fraud brought against them by the Serious Fraud Office.
Indivior facing lawsuit from 35 states and DC
Indivior updated the market on the Federal Trade Commission investigation and class action litigation being filed against it on Friday.
Anglo American appoints Fortescue Metals' Stephen Pearce as FD
Anglo American has appointed Fortescue Metals’ Stephen Pearce as finance director following Rene Medori’s decision to retire, as announced back in April.
Tullow Oil confirms insurance cover for Jubilee turret
Tullow Oil said on Friday that hull and machinery cover for the floating production, storage and offloading vessel on the Jubilee field offshore Ghana has been confirmed following the failure earlier this year of the turret bearing.
Friday newspaper round-up: BoE, Brexit, Trade War
Mark Carney has urged the government to take decisive action to lift the UK’s moribund economy as he said that the central bank could do little to improve Britain’s long-term prospects. Politicians need to make the running now by taking bold decisions on public spending and economic reforms, the governor of the Bank of England signalled last night in Berlin in a speech on climate change. - The Times.
London pre-open: Stocks seen touch weaker after Fed-fuelled gains
Stocks in London were expected to open a little weaker following the healthy gains in the previous session after the Federal Reserve stood pat on rates but signalled a hike by the end of year.
Vodafone extends agreement with Afrimax
Vodafone and 4G-LTE telecommunications operator Afrimax Group have announced a new non-equity partner market agreement for Cameroon.