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Week ahead: US FOMC, jobs report, French elections in focus
The coming week is replete with top-tier economic data and potential risk events.
Chicago PMI unexpectedly improves in April
Economic activity in the Chicago area unexpectedly improved in April, according to data released on Friday.
Time spins backwards on decision not to sell business
Time Inc stock reversed recent gains after the board decided not to sell the publishing business as it was being "reinvigorated" under a new strategy.
Galantas Gold narrows FY loss as Omagh mine output remains suspended
Galantas Gold's shares are flat after it posted a net loss for the year of C$1. 6m, from a year-ago net loss of C$1. 8m. It said output from the Omagh mine remained suspended.
FTSE 250 movers: Drax buoyed by Barclays upgrade, Stagecoach drops
London's FTSE 250 was off 0. 1% to 19,625. 05 in afternoon trade as investors mulled the latest UK GDP data and looked ahead to the long weekend.
FTSE 100 movers: RBS rallies on results but Barclays slumps
London’s FTSE 100 was down 0. 4% to 7,211. 90 in afternoon trade as investors digested disappointing UK GDP figures for the first quarter.
Falcon Oil & Gas posts FY pre-tax loss of $3.7m
Falcon Oil & Gas has returned a full-year pre-tax loss of $3. 7m, from a much smaller loss of $90,000 a year previously.
US employment costs rise at fastest pace since end of 2007
Employment costs in the US rose in the first quarter at their fastest clip since the end of 2007, led by gains for both private sector wages and benefits.
Bank of America- Merrill Lynch sees FTSE 100 at 7,750 in 12 months
Bank of America-Merrill Lynch thinks demand for commodities and the global cycle will push the FTSE 100 to 7,750 points in 12 months' time.
Berkeley Energia says Salamanca mine development progressing well
Shares in Berkeley Energia are down more than 3% as it said developmentof the Salamanca uranium mine in Spain was progressing well with strong European Union backing.
Morgan Stanley downgrades Berendsen on competition concerns
Berendsen not only needs to invest in property, plant and equipment but is facing increasing competition in the UK, warned Morgan Stanley as it downgraded the stock on Friday.
UK mortgages and consumer credit card borrowing both decline - BBA
Mortgage approvals and consumer credit card lending both fell in March according to fresh data from the banking industry, providing the reason for the fall in house prices announced elsewhere on Friday.
Norilsk Nickel to open legal proceedings over Nkomati mine deal
Norilsk Nickel Group says it has served notice that it intends to open legal proceedings in Botswana against that country's government in relation to the sale of a 50% interest in the Nkomati mine in South Africa.
Full year losses widen at Directa Plus
Graphene-based products producer and supplier Directa Plus announced its full year results for the year to 31 December on Friday, with revenue from graphene sales increasing by 89% to €0. 74m.
Regal Petroleum makes solid progress in Ukraine
Oil and gas exploration and production group Regal Petroleum announced its audited results for the year to 31 December on Friday, with average production from the MEX-GOL and SV fields in Ukraine over the year standing at 1,321 barrels of oil equivalent per day in aggregate, compared to 1,274 boepd in 2015.
Greka Drilling pleased with position despite fall in activity
Asia-focussed independent and specialised unconventional oil and gas driller Greka Drilling announced its annual results for the year to 31 December on Friday, confirming three principal contracted counterparties during the year - Green Dragon Gas and PetroChina Huabei in China, and Essar Oil in India.
Asia report: Most markets lower after Trump points threats at Seoul
Markets in Asia were lower on Friday, after a series of threats from Donald Trump aimed at Seoul and the Korean peninsula caught investors off guard.
Broker tips: Drax, Stagecoach, Micro Focus
Drax surged on Friday as Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ and lifted the price target to 410p from 400p saying post-results weakness was unjustified.
Uber to introduce sick pay for drivers, but some will have to pay for it
Ride-hailing tech firm Uber Technologies is to introduce a system to provide its drivers with benefits such as sick and injury pay in the UK after years of criticism of the company’s employment practices.
Europe midday: Stocks rise amid strong fund flows, economic data
European stocks were seeing some buying interest after data showing inflows into euro area stocks were at their strongest since December 2015 and following the release of several stronger than expected reports on the Eurozone economy, including on money supply dynamics and consumer prices.