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Week ahead: US corporate results, PCE inflation data in focus
Investors' focus over the following was expected to shift from macroeconomics to corporate news, as the U. S. first quarter earnings season got under way.
Fed's Goolsbee says central bank needs more 'clarity' before moving on rates
A top Federal Reserve official said that the central bank needs more clarity on inflation before moving on interest rates.
Weekly review
The FTSE 100 ended the week down 99. 73 points, or 1. 25%, closing at 7,895. 85 on Friday.
London close: Stocks mixed as investors watch Middle East newsflow
London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.
Shanta Gold's acquisition by Saturn moves a step closer
Shanta Gold updated the market on the recommended increased and final cash offer by Saturn Resources for its entire issued and to-be-issued share capital on Friday.
Directors deals: Ashtead Technology finance director adds to holdings
Ashtead Technology's finance director sold some shares to cover her obligations with HMRC after exercising options under the company's incentive plan.
HSBC-backed Monese said to be planning breakup
HSBC-backed technology company Monese - which was in talks to raise funding at a valuation of over £1bn four years ago - is reportedly set to break itself up amid mounting losses.
Billionaire Issa nearing deal to sell Asda stake to TDR Capital - report
US private equity firm TDR Capital is reportedly closing in on a deal to buy petrol station billionaire Zuber Issa’s stake in supermarket chain Asda.
Broker tips: DS Smith, Man Group
Numis downgraded its stance on packaging group DS Smith on Friday to ‘hold’ from ‘buy’ as it said there was insufficient upside to retain a buy rating.
US open: Stocks mixed amid Middle East tensions; Netflix slumps
US stocks were mixed in early trade on Friday amid growing tensions in the Middle East, with Netflix under the cosh after results.
FTSE 250 movers: Miners benefit from Israel attack on Iran; Man Group disappoints
FTSE 250 (MCX) 19,323. 96 -0. 65%.
FTSE 100 movers: Mondi, retailers under the cosh
London’s FTSE 100 was down 0. 5% at 7,840. 05 in afternoon trade on Friday.
Schneider Electric in talks to take over Bentley Systems
French industrial energy giant Schneider Electric on Friday announced that it was in discussions to take over US-listed software firm Bentley Systems in a deal that could be worth nearly $16bn.
US pre-open: Stocks to edge down amid Middle East tensions
US futures pointed to a slightly weaker open on Wall Street on Friday amid growing in tensions in the Middle East.
DS Smith tumbles as Mondi abandons pursuit
DS Smith tanked on Friday after Mondi said it would not be making an offer for the rival packaging group, clearing the path for a takeover by International Paper.
Europe midday: Israel attack on Iran rattles investors; Royal Unibrew soars
European stocks were lower at midday on Friday after Israel launched an attack on Iran in the latest escalation of hostilities between the two since Tel Aviv attacked the Iranian consulate in Syria.
London midday: Stocks lower on Middle East tensions as risk appetite fades
UK stocks were firmly in the red on Friday as traders reacted to rising tensions in the Middle East, with oil markets volatile as news continued to emerge from the region.
Thames Water plans to raise bills by 56pc - reports
Thames Water has submitted a revised business plan to regulators, proposing an increase in bills of 56%, it was reported on Friday.
Eqtec agrees amendment to Verde subscription
Waste-to-energy technology developer Eqtec updated the market on the Verde Corporation subscription on Friday, confirming that an amendment to the subscription letter had been agreed upon with Verde.
Novacyt gearing up for hearing in DHSC litigation
Molecular diagnostics specialist Novacyt updated the market on legal proceedings between itself and its subsidiary Primer Design against the Department of Health and Social Care (DHSC) on Friday.