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ReNeuron presenting new data on Friday
Cell-based therapeutics developer ReNeuron Group announced on Friday that it would be presenting new data relating to the characterisation and scale-up of its CTX cell-derived exosome therapy candidates at a leading scientific conference in London, also on Friday.
Debenhams shares shrug off cyber attack
Debenhams shares rose higher on Friday in spite of reports that hackers had stolen personal and financial data from around 26,000 customers.
US April jobs report - Analysts react
"The Fed is a lock to raise rates at its June meeting. The unemployment rate continues to fall below its long-run estimate and is placing upward pressure on wages – an acceleration in wages could be close. The Fed is firmly on a policy normalization track and wants to get rates up to more normal levels, especially given prospects for fiscal reform and its potential to boost the economy. " - Roiana Reid at Berenberg Capital Markets.
Bonds: Gilts, Bunds sold down on Fed statement, reduced haven flows
These were the movements in some of the most widely-followed 10-year bond yields: US: 2. 35% (+3bp)UK: 1. 125 (+5bp)Germany: 0. 395 (+6bp)France: 0. 8335 (+2bp)Spain: 1. 60% (-1bp)Italy: 2. 25% (-1bp)Portugal: 3. 42% (-5bp)Greece: 5. 97% (-3bp)Japan: 0. 02% (0bp).
Strategic Minerals to acquire outstanding shares in Central Australia Rare Earths Pty Ltd
Shares in Strategic Minerals are up more than 5% after agreeing to acquire the shares it does not already own in joint venture Central Australia Rare Earths Pty Ltd (CARE).
Tories seen romping home with 160 seat majority in election
Prime Minister Theresa May's Conservatives are predicted to romp home with a 160 seat majority in the country's general election in early June, according to political spread betting markets.
Citi recommends equities and commodities over bonds
Analysts at Citi recommended asset allocators overweight equities and commodities on expectations for rising real gross domestic product globally and oil prices.
GSK reports 'significant improvement' in asthma control in Salford study
A new asthma drug combination from GlaxoSmithKline has helped sufferers better control the condition in a huge study carried out around Manchester and Salford over the last twelve months.
Positive momentum continues at Frontier Smart Tech
Digital radio and smart audio device pioneer Frontier Smart Technologies Group updated the market on its trading on Friday, saying it had continued to build on the momentum it achieved in the second half of 2016, with first half revenues “significantly ahead” of last year.
Results round-up
Pearson surged on Friday as the education publisher posted a 6% increase in first-quarter underlying sales, reiterated its guidance for the full year and announced further cost-cutting measures and a strategic review of its K12 courseware publishing business.
Ascent Resources permit held back after Slovenian court appeal
After the Slovenian courts held back the permit required to build a gas treatment facility in the Petisovci gas field, Ascent Resources said it was confident of overturning the decision later this year.
SDX Energy reaches milestone with SD-1X drilling
North Africa-focussed oil and gas company SDX Energy announced on Friday that drilling on the SD-1X well at its South Disouq concession in the Nile Delta area of Egypt had now reached its second target depth.
KEFI Minerals inks Tulu Kapi agreement with Ethiopia government
KEFI Minerals said subsidiary KEFI Minerals (Ethiopia) Ltd (KME) and the Federal Democratic Republic of Ethiopia have signed the shareholders' agreement for the incorporation, ownership and operation of Tulu Kapi Gold Mines Share Company Ltd (TKM).
International Public Partnerships ups stake in UK schools projects
International Public Partnerships has snapped up a larger stake in a UK school refurbishment project from Carillion for £1. 5m, which it said would immediately contribute to its portfolio returns.
Physiomics presenting at BioTrinity
Physiomics announced on Friday that it would attend BioTrinity 2017, which the company described as “one of Europe's leading” biopartnering and investment conferences, to be held on 8-10 May at the Novotel London West.
Goldman Sachs boss Blankfein says London will 'stall' during Brexit process
Goldman Sachs chief executive Lloyd Blankfein has said that London’s financial power will stall during the ongoing Brexit negotiations.
London midday: Stocks recoup small losses as Pearson surges; payrolls eyed
London stocks had flattened out by midday, recovering from earlier small losses as oil steadied and well-received corporate news from the likes of Pearson and IAG lent a hand, with the focus set to shift to the US non-farm payrolls report later in the session.
Cash flow is King, SocGen says, upgrades Shell to Buy
Analysts at Societe General upgraded their recommendation on shares of Royal Dutch Shell, telling clients they expected the stock's underperformance and oil price weakness over the past three months to go into reverse in the backhalf of 2017.
Broker tips: Shell, Barclays, Inmarsat
Analysts at Societe Generale upgraded their recommendation on shares of Royal Dutch Shell, telling clients they expected the stock's underperformance and oil price weakness over the past three months to go into reverse in the backhalf of 2017.
IHG shares down as CEO steps down and despite healthy Q1
InterContinental Hotels Group (IHG) shares fell after chief executive Richard Solomons said he would retire in June, despite the company reporting an above expected 2. 7% rise in first quarter revenue per available room (REVpar).