Latest News
Jefferies downgrades SIG on profit warning, CEO departure
Jefferies downgraded SIG to ‘hold’ from ‘buy’ and slashed the price target to 90p from 140p after the company issued a profit warning and announced the surprise departure of its chief executive officer Stuart Mitchell.
Tullow Oil shares slip on Canaccord downgrade
Tullow Oil’s shares were under the cosh on Friday as Canaccord Genuity downgraded its rating to ‘sell’ from ‘hold’ but raised its target price to 230p from 220p.
UK construction output at four-year low in Q3
UK construction output hit its lowest level in four years in July to September, according to figures from the Office for National Statistics.
Zuckerberg denies Facebook role in Trump victory
Facebook founder Mark Zuckerberg has come out in defence of his company after allegations that the social network contributed to the rise of Donald Trump.
Friday broker round-up
Imperial Brands: JP Morgan keeps at neutral with a target price of 3660p.
London open: Sterling strength and retreat in oil weigh on shares
London equities have started slightly lower despite the record highs notched up overnight on the Dow Jones Industrial and Chinese equities having moved back into a 'bull' market early on Friday morning.
Goldstone Resources' Ghana mine finds gold enrichment in saprolite
AIM-listed Goldstone Resource's recent drilling program at its mine in Ghana found gold enrichment in saprolite.
Chinese credit growth slows down in October
Chinese credit conditions tightened in October as so-called total social financing expanded by 896. 3bn yuan in October, following a surge of 1. 72trn in the month before.
Aquatic Foods' revenue falls as market growth in China slows
AIM-listed Aquatic Foods Group’s revenues were down as market growth in China slowed during the year, but the seafood processor remains positive about its long-term prospects.
Trump and Obama meet in White House to begin transition talks
The current and incoming presidents of the United States met in the White House on Thursday to discuss the transition of power from Barack Obama to newly-elected Donald Trump.
iEnergizer revenues rise, though earnings remain flat
Digital publishing and technology company iEnergizer posted its interim results for the six months to 30 September on Friday.
JPMorgan downgrades Dairy Crest to 'neutral'
JPMorgan Cazenove downgraded Dairy Crest to ‘neutral’ from ‘overweight’ as the stock has surpassed its 600p price target.
Europe open: Stocks waver but Allianz and Altice rally
European stocks wavered in early trade as investors continued to mull the implications of Donald Trump’s presidential victory.
Berenberg initiates coverage of EasyJet, Ryanair and IAG at 'buy'
Berenberg initiated coverage of EasyJet, Ryanair and International Consolidated Airlines Group as it took a look at the airlines sector.
German inflation confirmed at highest level since October 2014
German inflation was confirmed at a two-year high in October, according to data from Destatis.
British Empire Trust swings to earnings in full-year report
British Empire Trust posted its annual report for the 12 months to 30 September on Friday, with net asset value per share total return for the year of 31% and share price total return of 34. 3%.
Shell to continue investing heavily in Brazil
Royal Dutch Shell planned to continue investing heavily in Brazil over the next five years, with the aim of doubling its deep-water production by the early 2020s.
Inmarsat to bring high speed broadband to Austrian Airlines
Global mobile satellite communications provider Inmarsat announced on Friday it will provide its new ‘GX for Aviation’ in-flight broadband solution to Austrian Airlines' continental aircraft fleet under a “landmark” new contract.
London pre-open: Stocks seen slightly higher
Stocks in London were set for a modestly higher open on Friday as investors continued to digest the implications of Donald Trump’s presidential victory.