Latest News
Berenberg downgrades Reckitt to 'hold'
Analysts at Berenberg downgraded personal care group Reckitt Benckiser on Friday from 'buy' to 'hold', saying it was now "difficult to identify a catalyst".
Cordel inks new contracts in Mexico and Australia
Transport artificial intelligence (AI) specialist Cordel Group announced two significant contracts on Friday, expanding its global footprint.
US pre-open: Stocks to jump as investors eye inflation print
US futures pointed to a firmer open on Wall Street on Friday, with sentiment boosted by well-received results from Amazon and Intel, as investors eyed a key inflation reading.
Challenger Energy updates its financing arrangements
Challenger Energy Group updated the market on its financing arrangements on Friday, as it secured a short-term bridge loan of £0. 35m to promptly redeem the entire drawn and unconverted balance of its previously disclosed convertible loan note funding facility.
London midday: Stocks muted ahead of US inflation print
London stocks had popped higher by midday on Friday but gains were muted ahead of a key US inflation reading, while NatWest tumbled after results.
Bezant reports mineral resource estimate for Hope and Gorob
Bezant Resources unveiled the results of an updated indicated and inferred mineral resource estimate (MRE) for the Hope and Gorob copper project on Friday, located within EPL 5796 in Namibia.
Europe midday: Weak earnings and inflation nerves keep markets flat
A bunch of worse-than-expected corporate earnings across Europe and nervousness ahead of key inflation data from the US kept markets trading within a tight range on Friday, with the Stoxx 600 index more or less flat by lunchtime.
Sanofi shares tank on consumer spin-off plans, Q3 profit miss
Sanofi has announced plans to split its consumer-healthcare and pharmaceutical business, as it missed profit expectations for the third quarter, causing shares to drop over 15% on Friday.
High street sales edge higher after recent falls — BDO
High street sales rose slightly last week after three straight weeks of declines, as online growth made up for weakness in store.
Asia report: Markets rebound after flurry of inflation data
Markets in the Asia-Pacific region attempted a rebound on Friday, driven by investor reactions to fresh inflation data from around the region.
Altitude H1 results show 'significant' YOY growth
End-to-end solutions provider Altitude Group said on Friday that its interim results were expected to show "significant" year-on-year growth.
Renew acquires NDT specialist TIS Cumbria
Engineering services group Renew has acquired nuclear manufacturing and fabrication specialist TIS Cumbria for £4. 7m in cash.
NatWest shares drop to two-year low after Q3 profit miss
Shares in NatWest plunged nearly 10% on Friday after the UK bank missed expectations with its third-quarter profits and cut its full-year outlook for bank net interest margin (NIM).
Remy Cointreau cuts FY sales guidance, shares tumble
Remy Cointreau tumbled on Friday after the spirits maker downgraded its full-year sales guidance as it posted a drop in first-half revenue, highlighting a slower-than-expected recovery in the US.
Strix Group CFO to retire
Kettle safety controls group Strix Group said on Friday that chief financial officer Raudres Wong plans to step down, as it announced an agreed relaxation of its leverage covenant ratio.
Digital 9 Infrastructure considers selling Verne Global stake
Digital 9 Infrastructure said on Friday that it is assessing a potential divestment of its entire stake in Verne Global.
London open: Stocks nudge down ahead of US PCE; NatWest tumbles
London stocks nudged lower in early trade on Friday as investors eyed the release of a key US inflation reading, with NatWest under the cosh after results.
Europe open: Stocks struggle for direction ahead of US inflation data
European stock markets opened broadly flat on Friday morning, as investors scaled back their appetite for risk ahead of key US inflation figures due out later in the session.
XP Power takes action to cut spending after profit warning
Electrical parts manufacturer XP Power, which disappointed the market earlier in the month after warning on profits due to weaker trading conditions, said it has taken "significant action" to cut costs and preserve cash.
SafeStyle suspended from trading as uncertainty grows
Replacement window and door specialist SafeStyle UK confirmed the suspension of its shares from trading on Friday in an update on its efforts to secure its future.