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US Midwest factory sector activity stable in March, Chicago PMI shows
Manufacturing activity in a key area of the US Midwest was broadly stable in March, according to the results of one of the most widely-followed surveys for the sector.
EU leans towards Spain with Gibraltar future unclear
Gibraltar’s future is up in the air after the European Union backed Spain’s right to exclude the overseas territory from any single market access when Britain leaves the bloc.
US consumer confidence still benefiting from election effect, Univ. Michigan says
Consumer confidence in the States continued rising in March as Republican voters continued to wax optimistic on the prospects for their incomes, job prospects and lower inflation, according to the results of the most widely-followed survey.
FTSE 100 movers: South Africans feel the pain after Zuma sacks finance minister
South African stocks weighed heavily as the major fallers on the FTSE 100 after President Jacob Zuma sacked Finance Minister Pravin Gordhan.
Assets rise and losses narrow at Regency Mines
Natural resources exploration and development company Regency Mines announced its unaudited half-yearly results for the six months to 31 December on Friday, with a £0. 31m rise in total assets from the June 2016 year end level to £4. 9m, and a rise in shareholders' equity of £0. 48m over the same period to £4. 17m.
Midwich enters Iberian market through Earpro acquisition
Midwich Group announced the completion of the acquisition of a majority stake in Earpro, a value-added distributor of audio, video and lighting solutions in Spain and Portugal, on Friday.
Ofcom slashing broadband pricing, wants retailers to charge less
British broadband customers could soon be paying less for fast broadband, under plans unveiled by Ofcom on Friday.
Small cap news round-up
Shares surged in Safestay on Friday after the hostel operator announced it has consolidated its borrowings into one new facility and that the sale on two hostels has been completed.
Numis Corp confident in FY outturn
Shares in City broker Numis Corporation are little moved after it said it remained confident in the outturn for its full-year, but noted total income in the second half would be moderately below that achieved in the first.
Results round-up: Altona, Cenkos, Stellar Diamonds
Shares in Altona are up more than 4% after reducing its first-half loss and also confirming its application for a petroleum exploration licence (PELA 666) is under consideration by the South Australian Government.
Broker tips: Next, CVC Group
Analysts at Credit Suisse sounded a very cautious note on Next's trading over the medium-term, flagging to clients the rapid decline seen in the retailer's core profitability even as the outlook for its non-core units worsened.
Safestay consolidates borrowings into one facility
Shares surged in Safestay on Friday after the hostel operator announced it has consolidated its borrowings into one new facility and that the sale on two hostels has been completed.
London midday: Stocks slightly lower as EU sets out negotiating position
London stocks were moderately lower by midday on Friday as traders scrutinised the guidelines for Brexit negotiations just released by the European Union, even as a final barrage of economic data in the US beckoned at the end of the first quarter.
Trafalgar New Homes updates on Kent developments
Trafalgar New Homes says it expects sales from several developments in Kent, due for completion from May 2017 onwards, will contribute to revenues for the full-year ending 31 March, 2018.
Berenberg reiterates 'Buy' on CVS Group, hails margin expansion
Analysts at Berenberg hailed CVS Group's shift in its business mix, with the resulting margin expansion that resulted, reiterating their 'Buy' recommendation on the stock in the process.
Dechra Pharmaceuticals invests in animal pain relief developer
Dechra Pharmaceuticals on Friday struck a long term deal to license an ethical pain relief product in all markets outside of Australia and New Zealand and acquired a 33% stake in the manufacturer, Medical Ethics.
Old Mutual, Investec dive after South Africa's Zuma fires finance minister Gordhan
Shares in South African stocks including Old Mutual and Investec dived after the country's president, Jacob Zuma, fired finance minister Pravin Gordhan in a midnight cabinet reshuffle on Thursday night, sending the rand and government bonds tumbling.
Oxford Pharmascience says FDA disagrees with OXPzero proposed phase III study
Shares in Oxford Pharmascience plunged by more than a third after the US Federal Drug Administration (FDA) did not agree with the proposed phase III study design for prescription OXPzero Ibuprofen programme based on endoscopic primary endpoints.
SpaceX successfully launches Falcon 9 reusable rocket
Elon Musk’s privately-held SpaceX has successfully led the first relaunch of a used rocket from the Kennedy Space Center in Florida.
Tech firms, Rudd fail to mention encryption after meeting
Tech firms said they would develop ways to “identify and remove terrorist propaganda” but failed to mention any movement on how to deal with encrypted messages, after a meeting with UK Home Secretary Amber Rudd.