Latest News
Institutional investor sells 8m Compass Group shares
Compass Group fell on Friday after an institutional investor sold around 8m shares in the catering company.
JD Sports 'disappointed' nearly third of shareholders opposed pay report
JD Sports Fashion said it was "disappointed" that nearly a third of its shareholders had voted against its remuneration report at the annual meeting in July.
Johnson and Johnson Covid-19 vaccine 85% effective against severe illness
Drugmaker Johnson & Johnson reported topline efficacy and safety data from a Phase three clinical trial on its single-dose Covid-19 vaccine on Friday, stating the drug had met all primary and key secondary endpoints.
Berenberg raises target price on Wizz Air
Analysts at Berenberg raised their target price on budget airline Wizz Air from 4,800. 0p to 5,000. 0p on Friday, stating the group was on track to bounce back from the Covid-19 pandemic better than ever.
Chinese warplanes simulate attacking US aircraft carrier
Chinese military aircraft simulated attacking a nearby US carrier with missiles during an incursion into Taiwan’s air defence zone this week.
US pre-open: Futures in the red as volatile week for stocks draws to a close
Wall Street futures had stocks opening lower ahead of the final's day trading in what has been a volatile week for markets.
Iran will not reverse nuclear steps unless US first lifts sanctions
Iran will not reverse the acceleration of its nuclear programme until Washington lifts economic sanctions, Foreign Minister Mohammad Javad Zarif said on Friday.
UK grants Hong Kong citizens route to British passports
Britain on Friday announced it would be offering Hong Kong citizens a route to citizenship but China said it would no longer recognise special British passports.
St James House trading well as it works to complete late accounts
St James House updated the market on its recent trading on Friday, reporting that in its payment services division, the period from 23 December to 27 January had seen a steady performance, with GBP-USD foreign exchange pair transactions growing a further 7% in volume, while there was a continued slowdown in EUR deposits of around 13%.
Facebook shuts Robinhood Stock Traders group amid Wall Street chaos
Facebook closed down a Wall Street discussion group on its platform, Robinhood Stock Traders, amid the frenzy around GameStop shares on Wall Street.
Power management company Eaton to buy Tripp Lite for $1.65bn
US power management company Eaton has agreed to buy Tripp Lite, a supplier of power quality products and connectivity solutions, for $1. 65bn.
Card Factory gets an extra month to avoid breaching banking covenants
Greeting cards retailer Card Factory has been given an extra month to avoid breaching its banking covenants and remains in discussions with its banks.
Europe midday: Covid supply worries weigh on investor sentiment
European stocks were lower at lunchtime on Friday as investors fretted about share overvaluations and Covid vaccine supplies on the Continent, after a week in which a web-inspired group of small investors took on large US hedge funds.
Europe open: Shares open lower on US shorting wars, EU vaccine spat
European stocks fell sharply at the opening on Friday, after falls on Wall Street overnight in a week that saw small investors take on large US hedge funds and worries about vaccine rollouts on the Continent.
London midday: Stocks in the red amid vaccine worries
London stocks were still firmly in the red by midday on Friday as worries about the Covid-19 vaccine rollout and Reddit-fuelled market chaos knocked sentiment.
Marston's receives US private equity approach
Marston's shares surged after the pub operator and brewer said it received a takeover approach from a US private equity firm.
Xpediator FY profits projected to 'significantly' exceed expectations
Freight management services group Xpediator said on Friday that full-year profits were expected to be "significantly ahead" of market expectations and the back of higher than anticipated demand for its services in the UK and Europe.
Asia report: Markets mostly lower despite vaccine news
Most markets in Asia finished in negative territory on Friday, with stocks in South Korea leading the charge downwards.
Bloomsbury Publishing sees FY profit 'well ahead' of market views
Bloomsbury Publishing said on Friday that full-year revenue and profit are set to beat market expectations thanks to strong trading in the consumer division.
Elon Musk changes Twitter bio, sends Bitcoin surging
Bitcoin surged on Friday after Tesla and SpaceX boss Elon Musk changed his Twitter bio to just "#bitcoin".