Latest News
US retail sales miss forecasts in December
US retail sales rose sharply at the end of 2016, led by strong demand for big-ticket automobiles but nonetheless fell short of forecasts as improved consumer confidence failed to translate into increased spending at the till.
JPMorgan beats on EPS but falls short on revenue in Q4
US investment bank JPMorgan Chase released its fourth quarter 2016 earnings on Friday.
Week ahead: PM´s speech, Trump inauguration in focus
All eyes will undoubtedly be on the Prime Minister´s speech on 17 January in which she is expected to provide more details on her approach in the upcoming Brexit negotiations and on her objectives.
Wells Fargo profits fall in first full earnings report since account scandal
Wells Fargo, the third-largest bank in the United States, saw a fall in its profits during the final quarter of 2016 in its first full earnings report since its fake accounts scandal.
Vietnam Infrastructure receives first payment for Southeast Asia Telecoms sale
AIM-listed investment fund Vietnam Infrastructure has received the first payment for the sale of Southeast Asia Telecommunications from OCK Vietnam Towers.
Broker tips: ITV, Randgold Resources, Pennon
ITV got a boost on Friday after Goldman Sachs added the buy-rated stock to its Conviction List, saying its is one of the most likely M&A candidates in its coverage, as it took a look at the European media sector.
Grafton's revenue rises as it expands Selco brand in UK
Irish building materials company Grafton Group’s revenue rose as it expanded the Selco merchanting brand in the UK.
Boeing to build 205 airplanes for India's SpiceJet
Boeing is to make 205 airplanes for Indian budget airline SpiceJet, in a deal worth about $22bn.
Blackrock beats profit forecasts for fourth quarter, revenues lag
Blackrock beat analysts' forecasts for profits in the fourth quarter of 2016 even as it was forced to cut fees on some of its core products, hitting its top-line growth.
Burberry replaces COO and CFO
British fashion brand Burberry has confirmed that Julie Brown will be taking on the role of chief operating and financial officer on 18 January 2017.
Chinese media says US must 'wage war' to deny access to South China Sea
US secretary of state nominee Rex Tillerson's plans to block China from accessing the South China Sea would require the incoming Trump administration to "wage war", according to reports from a Chinese tabloid.
Nintendo Switch to be released on 3 March, will cost £279.99
Japanese gaming firm Nintendo has announced that the release date for its new Switch console will be 3 March this year, with the new device costing £279. 99 in the United Kingdom.
Collagen Solutions awarded another Ph.D. studentship
Developer and manufacturer of medical grade collagen components Collagen Solutions announced on Friday that it has been awarded a third Medical Research Scotland Ph. D. studentship, this time in partnership with Professor Elizabeth Tanner, of the School of Engineering, at the University of Glasgow.
Men in low paid part-time work increase four-fold
One in five men on low hourly wages are currently working part time, driving up inequality in their pay, according to the Institute for Fiscal Studies (IFS).
Secure Trust Bank takes a break from 'risky' personal loans
Secure Trust Bank issued a pre-close trading update on Friday, ahead of its annual results announcement 2016 calendar year, scheduled for 23 March.
Europe midday: Stocks rise as US bank earnings come in
European stocks rose on Friday as investors looked to the release of US bank earnings for direction.
Credit Suisse downgrades Pennon as energy-from-waste loses its appeal
Credit Suisse has downgraded environmental utility infrastructure company Pennon Group to ‘underperform’ from ‘neutral’ and lowered the price target to 680p from 800p.
Bank of America Q4 net income up 43%
Bank of America’s fourth-quarter earnings exceeded expectations on Friday thanks in part to a solid performance in the bond trading division, although revenue fell a little short.
Manx Telecom in line with expectations despite data centre decline
Isle of Man-based Manx Telecom said it has been trading in line with expectations, even with an expected revenue decline from the data centre business.
Iofina upbeat as it returns to normal production levels
Iodine and iodine specialty chemical derivative explorer and producer Iofina provided an update to the market on Friday, over 2016 crystalline iodine production totals and iodine production expectations for the first half of 2017.