Latest News
Sector movers: BATS and Hunting weigh on market
The more cyclical areas of the market, such as steel and mining were clearly in the lead during the final session of the week, buoyed perhaps by news that Chinese home price growth accelerated in September to a 11. 2% year-on-year pace from 9. 2% in the prior month.
Directors dealings: Laird´s new boss and finance chief buy shares
Laird´s new boss and finance chief took advantage of the recent crash in the share price to pick-up stock in the firm they lead.
FX round-up: Sterling enjoys Friday cheer, but no sign of Brexit volatility easing
Sterling turned in a somewhat chipper performance on most of its main crosses on Friday, closing out a week of volatility thanks to chronic Brexit jitters that show no sign of abating.
Europe close: Stocks flat as euro continues to drift lower
European stocks finished the week on a flat note despite an unusual flurry of news on the mergers and acquisitions front, with the euro still under pressure against the dollar following European Central Bank chief Mario Draghi’s comments on Thursday.
Online gambling sites probed by CMA over complicated rules
The competition and markets authority (CMA) has launched an enquiry into whether customers are treated fairly on online gambling sites.
Small cap round up
Frontier Developments, an AIM-listed video games developer in Cambridge, has appointed Alex Bevis as chief financial officer starting 1 April 2017. Bevis takes over the role from Neil Armstrong, who will move into an operational role within the company.
Honeywell Q3 earnings beat estimates
Honeywell International reported better-than-expected earnings as sales rose in the third quarter.
Older workers still face job discrimination, say Totaljobs
Workers aged 55 to 64 feel their age has put them at a disadvantage when applying for jobs ,according to a survey by jobsite totaljobs.
AT&T considering Time Warner acquisition - report
US telecommunications giant AT&T has entered talks to take over Time Warner, according to Bloomberg.
Week ahead: US, UK GDP, Eurozone credit data in focus
UK gross domestic product figures out on Thursday will ofer a first, albeit preliminary, glimpse into the performance of the economy in the months immediately following Brexit.
Broker tips: Informa, Associated British Foods, NCC Group
Informa got a boost on Friday as Berenberg upgraded the stock to ‘buy’ from ‘hold’ and lifted the price target to 800p from 740p.
London close: Stocks finish lower as Brexit worries persist
London stocks finished lower as Prime Minister Theresa May reiterated that Brexit negotiations won’t be easy.
Commodities: Crude lower, clings to gains above $50 a barrel
Crude futures were heading lower on Friday afternoon but both West Texas Intermediate (WTI) and Brent managed to cling to prices above the $50 a barrel mark.
'Difficult moments' to come in Brexit negotiations, say PM
Theresa May said there would “difficult moments” in Brexit negotiations, but maintained that a deal could be reached despite trepidations from the EU in sealing a trading deal with Canada.
Twitter and Spotify among raft of websites hit by cyber attack
Several of the internet's most popular websites were unavailable for an extended period on Friday after a suspected cyber attack took place, disabling web technology provider Dyn.
Tesla sets $8,000 price tag for Autopilot, indicates ride-hailing intentions
Innovative US car-maker Tesla Motors has set a price of $8,000 for drivers who want to add self-driving technology to their vehicles.
FTSE 100 movers: BAT leads tobacco shares higher; Intercontinental Hotels drops
The FTSE 100 Index fell 0. 05% to 7,023. 83 in the late afternoon.
FTSE 250 movers: Acacia gains on Q3 numbers; Aggreko keeps sliding
London’s FTSE 250 was down 0. 1% to 17,930. 64 in afternoon trade.
US open: Stocks decline after mixed company earnings
US stocks were down due to mixed company earnings from McDonald’s, General Electric, and Honeywell International, while investors looked ahead to speeches by the Federal Reserve's Daniel Tarullo and John Williams.