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N4 Pharma upbeat on latest tumour suppression study data
Specialist pharmaceutical developer N4 Pharma updated the market on its recent preclinical study with TNF alpha on Friday.
CPPGroup set to meet half-year expectations
Insurance and assistance products provider CPPGroup said in a trading update on Friday that it expected to report first-half results in line with its expectations.
Anglesey advances work in Wales, Sweden
Anglesey Mining said in an update on Friday that it was continuing to advance work programmes at both its Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in North West Wales, and its Grängesberg iron ore project in Sweden.
JPMorgan downgrades easyJet to 'underweight'
JPMorgan Cazenove downgraded easyJet to ‘underweight’ from ‘neutral’ on Friday and slashed the price target to 310p from 625p, arguing that non-fuel costs could continue to disappoint, as it took a look at European airlines.
Wells Fargo net income almost halves in Q2
US banking giant Wells Fargo said on Friday that net income declined 48% to $3. 11bn in the three months ended 30 June as the company put aside funds for bad loans and declines in its equity holdings weighed on its bottom line.
US pre-open: Futures in the green following bank earnings
Wall Street futures were in the green ahead of the bell on Friday as market participants digested more bank earnings.
London midday: Stocks maintain gains but Burberry bucks trend after update
London stocks were still in the black by midday on Friday as investors shrugged off weak Chinese data.
Asia report: Markets mixed as China misses on Q2 GDP
Asia-Pacific bourses were mixed at the end of trading on Friday, after China’s latest economic growth data missed expectations.
Senior surges after double upgrade at Barclays
Senior surged on Friday after Barclays upgraded the shares to ‘overweight’ from ‘underweight’ and lifted the price target to 183p from 137p.
Alarm in Bitcoin: 135,000 BTC stuck in Mt. Gox are "a blast from the past"
Before the bankruptcy of Terra, Celsius and Three Arrows Capital, with the fund freezes and groups they established on their clients' funds, in the short history of Bitcoin, the Mt. Gox cryptobroker case has the honorable privilege of being the first major cryptoasset company to fail in history. The ramifications of that event reach into today and may explode the current bear market, warn experts at Julius Baer, who call the court ruling on the fate of part of the Bitcoins lost in that liquidation a "blast from the past.
Novacyt's exsig Covid-19 PCR test receives UK approval
Clinical diagnostics group Novacyt's exsig Covid-19 Direct Real-Time PCR test has received approval from the UK's Health Security Agency.
EU new car registrations record worst June in 26 years
Passenger car registrations continued their downward trend in the European Union in June, according to fresh data on Friday, as supply chain issues continue to limit vehicle output.
Barclays downgrades Chemring on relative valuation basis
Barclays downgraded Chemring on Friday to ‘underweight’ from ‘equalweight’ on a relative valuation basis and cut the price target to 336p from 360p.
Heathrow given 'please explain' deadline by Whitehall
Heathrow Airport’s ability to properly handle its current chaos was issued a fresh challenge on Friday, after ministers and top civil servants demanded it produce a plan to resolve its acute staffing shortage.
Rio Tinto warns on H2 underlying earnings amid labour shortages
Mining giant Rio Tinto warned on Friday warned that both Covid 19-related labour shortages across Western Australia and rising inflation were set to weigh on its second-half underlying earnings performance.
London open: Stocks rise despite weak China data; Burberry slumps
London stocks rose in early trade on Friday as investors brushed aside weak Chinese data.
China's economy slows sharply in Q2 as zero Covid takes its toll
Growth in China’s economy slowed sharply in the second quarter as the country’s zero Covid strategy took its toll, according to figures released on Friday by the National Bureau of Statistics.
HICL Infrastructure raises £160m from both existing and new investors
Infrastructure investor HICL Infrastructure has raised £160. 0m through the issue of 94. 67m new ordinary shares, with strong support from both existing and new investors.
Fever-Tree downgrades FY profit guidance, shares tumble
Fever-Tree shares tumbled on Friday as the tonic maker downgraded its full-year profit guidance amid higher costs and highlighted an "exceptionally challenging" environment.
Ninety One AUM falls in Q1
Independent investment manager Ninety One revealed on Friday that assets under management had slipped during the three months ended 30 June.