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OneView Group expects 2017 revenue to be lower than previous year
Retail software provider OneView Group said it expected revenue for the 2017 financial year to be significantly lower as it restructures it debt.
Diversified Gas & Oil to buy US wells for $1.75m
AIM-listed explorer Diversified Gas & Oil is to buy a package of producing wells in Ohio and Pennsylvania in the US for $1. 75m, which is expected to increase its daily production.
UK mortgage approvals hit 12-month high in January
The British Bankers' Association approved 44,657 mortgages last month, up from 43,581 in December and the highest number since January last year.
Europe open: Banks under pressure at the start of the day, Trump in focus
Stocks began the session with slight losses, tracking a mixed close overnight on Wall Street and with stock in RBS and StanChart leading the way lower on the back of their latest full-year numbers.
Trump insists on increasing US nuclear arsenal
President Donald Trump has said that the US should expand its nuclear capability while there is no agreement to eradicate weapons on a global scale.
IMI full year profits, underlying revenues fall
Full year pre-tax profits at engineering group IMI fell 5% to £208m, in line with expectations.
Ofgem confirms it will cut National Grid's spending allowance
Energy regulator Ofgem confirmed on Friday that it will cut National Grid's spending allowance for running the high voltage electricity grid and high pressure gas main by £185m.
William Hill earnings fall as it improves betting experience
Bookmaker William Hill posted its final results for the year to 27 December on Friday, with net revenue rising 1% to £1. 6bn, although adjusted operating profit fell 10% to £261. 5m.
London open: Stocks drift as RBS posts its ninth consecutive loss
Stocks in London drifted lower in early trade as investors waded through a deluge of earnings, with RBS in the spotlight.
Jupiter Fund Management net inflows halve, though profit and AUM rise
Jupiter Fund Management pre-tax profit and assets under management increased in 2016, although net inflows halved due to what it said was a challenging market environment for funds.
Workspace Group to buy Fitzrovia office building for £98.5m
Property investor Workspace Group is to buy the freehold of an office building in London's West End for £98. 5m and turn it into a multi-let business centre.
Rightmove FY profits, divi rise; COO to replace CEO
Property website Rightmove reported 2016 pre-tax profits of £161m, up from £137m as site visits increased by 10% although leads for brokers fell 6% as the housing market cooled in the wake of the UK's decision to leave the European Union.
IAG unveils €500m share buyback as annual profits take off
British Airways and Iberia owner International Consolidated Airlines Group announced a new share buyback as it reported an improved profits in the fourth quarter of last year and guidance for continued improvement in 2017.
London pre-open: Stocks seen touch weaker as earnings roll in
Stocks in London were set for a marginally weaker open on Friday as investors braced for another round of earnings from the likes of RBS and Pearson.
Standard Life revenue rises as it plots India expansion
Standard Life proposed a full year dividend per share of 19. 82p, up 8%, as revenue for 2016 grew against a backdrop of volatile investment markets as the insurer aims to increase its exposure to the Indian market.
Friday newspaper round-up: Boeing, Ryanair, business rates, John Lewis
Boeing plans to open its first manufacturing plant in Britain, picking Sheffield to make critical parts for its best-selling 737 and 777 airliners. The company has earmarked the Northern city for a £20m investment where it will produce complex parts for “actuators” which move flaps on the jets’ wings. The decision is notable as the US aerospace giant is bringing work in-house, rather than subcontracting it out to the supply chain as is common. – Telegraph.
US close: Stocks finish session mixed; Dow complete 10th straight record finish
US shares ended the session on Thursday in mixed fashion with the Dow Jones Industrial Average delivering its 10th straight record close while the Nasdaq declined again.