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Amazon shares plummet afterhours due to earnings miss
Shares in ecommerce giant Amazon plunged by as much as 6. 8% in after-hours trading in New York on Thursday after the company fell well below analyst estimates for its third quarter earnings.
Asia report: Markets mixed on weak Japan data
Markets in Asia finished mixed on Friday, with a tsunami of earnings and economic data for investors to sift through.
Electrocomponents boosted by Liberum upgrade
Electrocomponents got a boost on Friday as Liberum initiated coverage of the stock at ‘buy’ with a 420p price target, which implies total return potential of 18%.
Tesco shares fall as Credit Suisse reiterates 'underperform' rating
Tesco’s shares fell on Friday as Credit Suisse reiterated an ‘underperform’ rating and target price of 130p, citing “structural problems”.
Europe open: Stocks in the red as investors digest earnings
European stocks fell in early trade as investors sifted through more earnings releases.
Morgan Advanced Materials raises $112m and €60m in private placement
Morgan Advanced Materials announced on Friday that it has raised $112m and €60m with the completion of a US private placement.
London open: Stocks in the red but RBS bucks the trend
London stocks fell in early trade as investors digested some uninspiring consumer confidence data, although Royal Bank of Scotland was a bright spot after a third-quarter update.
Smiths Group to de-risk pension libalities with £250m buy-in deal
FTSE 100 engineer Smiths Group is to de-risk its pension liabilities further with a £250m bulk buy-in agreement with an insurer.
RBS reports third-quarter loss
Royal Bank of Scotland swung to a loss in the third quarter, as it took a hit from litigation and restructuring costs.
Tullow Oil secures $345m loan
Tullow Oil has received a $345m loan to cover April's scheduled amortisation and ensure the company has enough headroom throughout 2017 as it refinances its bank facilities.
IAG operating profit flies lower in third quarter
International Consolidated Airlines Group posted its group consolidated results for the nine months to 30 September on Friday, with third quarter operating profit €1. 21bn before exceptional items, down from €1. 25bn a year ago.
London pre-open: Stocks seen lower ahead of US GDP
London stocks were set for a weaker open on Friday as investors looked ahead to some key US economic growth figures.
Friday newspaper round-up: nuclear power, Brexit, pensions
Deepening problems in France’s nuclear power sector are threatening to increase energy bills for UK consumers this winter because of a squeeze on the supply of imported electricity. Safety concerns over the resilience of certain components has led to the shutdown of several French reactors, cutting the amount of French electricity available for export across the English channel. Britain has relied on imports for more than 7 per cent of its electricity so far this year, most of it through subsea interconnectors with the French and Dutch power grids.