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FTSE 250 movers: Paragon Group jumps, AMEC sinks
Paragon Group led to the upside on the back of a positive endorsement from broker Jefferies.
US close: Gains for defensives send Wall Street to fresh record highs
All four of Wall Street´s main stock market indices notched up fresh record highs in a shortened session following the Thanksgiving break, although it was defensive issues that paced the advance.
Pennon Group reports sharp jump in profits before tax
Pennon continued to deliver a good performance in the first half of its financial year at both its water and waste businesses, with costs savings and self-help initiatives falling straight to the bottom line.
Sector movers: Defensives pace gains
Defensive issues and so-called 'bond proxies' performed best at the tail-end of the week, with shares of personal goods and health care equipment companies pacing gains.
Directors dealings: Johnson Matthey finance chief picks up shares
Johnson Matthey´s finance chief bought 2,184 shares of the speciality chemicals maker at an individual price of 3,818p, the company said in a statement.
Europe close: Stocks edge higher in quiet session, Italian lenders lower
European stocks edged lower as oil prices declined in fairly quiet trade, with US markets set to open for just a half day later.
London close: Shares track gains on Wall Street, end higher
Stocks in London finished slightly higher, despite a sharp drop in crude oil futures, as investors focused on a positive start to US trading which saw Wall Street´s main equity gauges set fresh record highs shortly after the opening bell.
Small cap round up
Africa’s low-cost airline Fastjet tanked in early markets after its chairman resigned due to the company requiring further capital. Chairman and Director of the company Colin Child stepped down as he felt it would be inappropriate to stay on after the company decided to initiate a further fundraising exercise so soon after he led one in July.
RedT releases Gen 2 energy storage machine
RedT energy, the AIM-listed energy storage technology company, has launched its first Gen 2 energy storage machine to its development centre.
Gresham House Strategic strengthens portfolio in first half
Asset management company Gresham House Strategic reported strong operating and strategic progress within its portfolio in the first half, driving NAV per share up by 8. 5%, outperforming the FTSE small-cap (ex Investment Trusts) Index by 2. 0%.
Target reports record-breaking Black Friday sales backed by strong TV demand
US retailer Target Corporation announced on Friday that it was set for a record-breaking day in online sales, as televisions and Apple products drove sales.
Investor Wilbur Ross expected to be offered commerce secretary job by Trump
Billionaire investor Wilbur Ross looks set to be offered a job in Donald Trump's administration when he moves into the Oval Office in the new year, as his commerce secretary.
Saudi Arabia will not attend OPEC technical meeting
Saudi Arabia would not attend a technical meeting between the Organisation of Petroleum Exporting Countries and non-member countries, insisting instead on the need to focus on a deal between members of the cartel first.
Week ahead: November US jobs report in focus
The US jobs market was set to come back into focus with the release of the November jobs report on Friday.
Heathrow expansion will breach UK climate change laws, says advisory body
The UK's plan to expand Heathrow airport will increase emissions by 15% by 2050 and be in breach of climate change legislation, an advisory body said on Friday.
GlaxoSmithKline seeks European approval for shingles vaccine
GlaxoSmithKline announced the regulatory submission of a marketing authorisation application to the European Medicines Agency for approval of its candidate shingles vaccine, Shingrix.
US open: Stocks rise after Thanksgiving as Black Friday gets underway
US stocks were in the green as markets reopened for a half day following the Thanksgiving break on Thursday.
Severn Trent: Dee Valley shouldn't sell shares to Ancala after £84m bid
Dee Valley shareholders should take no action in respect of Ancala Fronia’s previous revised bid for the water company, Severn Trent said on Friday.