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Tony Blair emerges on 50/1 odds to return as next Labour leader
Former prime minister Tony Blair's odds to return as leader of the Labour party shortened following his rallying call to anti-Brexit campaigners on Thursday.
Small cap news round-up
Brave Bison Shares in Brave Bison fell after the online video and marketing firm warned that revenue in 2017 will be “substantially lower” than 2016 due to two material contract losses at the end of last year and the potential discontinuation of certain low margin business.
Morgan Advanced Materials to offload rotary business to Moog for €40m
Manufacturer Morgan Advanced Materials is to sell its Europe-based rotary transfer systems business to Moog, a US manufacturer of motion and fluid control systems, for about €40m on a cash and debt free basis.
Boris Johnson crticises Blair's call for people to 'rise up' against Brexit
Foreign Secretary Boris Johnson has criticised former Prime Minister Tony Blair’s call for people to “rise up" against Brexit and suggestions of a second referendum on Britain's membership of the European Union.
FX round-up: Sterling traders unnerved by UK retail sales data as dollar resurgent
Sterling traders were unnerved on Friday by worse than expected UK retail sales data, which saw the British currency lower on most key crosses as the US dollar resumed resurgent.
London close: FTSE mixed as Unilever flies after rebuffed Kraft Heinz bid
London stocks closed mixed after a Friday session that saw blue-chip consumer goods giant Unilever fly higher after it slapped away a $143bn offer from Kraft Heinz, which has indicated it will return to the table.
Sector movers: Personal goods rises on M&A interest, resources retreats
Understandably, given the unexpected approach for Unilever from Warren Buffett-backed Kraft Heinz, the personal goods sector was the dominant support for the blue chip benchmark on Friday.
Europe close: Markets lower amid Trump unpredictability
European stocks were in the red on Friday, struggling for direction after US markets came off their highs in the previous session.
Coal of Africa clears loan with equity conversion
Coal of Africa announced on Friday that it received notice from Yishun Brightrise Investment requesting the conversion of a $10m loan to CoAL's ordinary share capital.
Noida Toll Bridge begins arbitration against development authority
Noida Toll Bridge Company announced on Friday that it initiated arbitration proceedings against New Okhla Industrial Development Authority (NOIDA) under the terms of Article 26. 1 of its concession agreement.
Shore Capital investment testing LTE tech in Berlin
Shore Capital updated the market on the LTE mobile technology testing being undertaken by one of its investments on Friday.
Commodities: Crude eases as traders look to looming rig-count data
Crude futures have eased on Friday as traders look to rig-count data out tonight, ahead of the Presidents Day long weekend in the US.
French left wing candidates mull joint effort as bonds drop
France's presidential election took a further twist on Friday, after left wing candidates Benoit Hamon and Jean-Luc Melenchon said they were discussing a merger in order to combat the National Front's Marine Le Pen.
Herald trust swings to revenue earnings as liquidity issues continue
Herald Investment Trust posted its results for the 2016 calendar year on Friday, with total assets - before the deduction of bank loans and derivatives - of £816. 4m, rising from £709. 1m at the end of 2015.
US open: Stocks on the back foot ahead of Presidents Day
US stocks were on the back foot on Friday after Wall Street’s seven-day winning streak came to an end in the previous session as investors took a breather ahead of Presidents Day.
Trump considering plan to round up immigrants using National Guard - AP
The Trump administration is considering a plan to mobilize as many as 100,000 national guard troops to round up unauthorized immigrants, the Associated Press reported citing a draft memo it had obtained.
Unilever surges to multi-year highs as it rejects Kraft Heinz offer
Unilever shares surged on Friday after the London-listed consumer goods giant rejected a $143bn offer from Kraft Heinz.
Ncondezi Energy says knows no reason for share price move
AIM-listed Ncondezi Energy noted the recent rise in its share price and said it knows no reason for the move.
Directors dealings: Telford Homes Land Directors sells down
Telford Homes's Land Director reduced his own holdings in the company's stock towards the end of the week.
Britons urged to spend £1 coins before new quids arrive
Government officials have urged those who have traditional round pound coins to spend them ahead of the debut of the new 12-sided coin later this year.