Market Pulse
GlaxoSmithKline's Volibris drug receives positive recommendation
A committee of the European Medicines Agency (EMA) has recommended GlaxoSmithKline’s Volibris drug be approved for use in combination treatment for patients with pulmonary arterial hypertension.
TalkTalk customer data at risk from 'significant' cyber breach
TalkTalk said a criminal investigation was launched by the Metropolitan Police cyber crime unit on Thursday following a “significant and sustained” cyberattack on the company’s website, which it discovered on Wednesday.
German composite PMI beats expectations in October
Germany’s manufacturing sector expanded at its lowest pace in five months in October, figures released on Friday showed.
Shire reiterates full-year guidance despite decline in profit in the third quarter
Pharmaceuticals group Shire reported a decline in pre-tax profit for the third quarter but reiterated its full-year earnings guidance.
Friday newspaper share tips: Travis Perkins and RELX two long term investments to consider
The Times’ Tempus has a bit of advice for people who haven’t invested in Travis Perkins already – it might be time to buy long term.
Vitesse Media posts dip in revenue, widens first half loss
Vitesse Media has posted a dip in revenue for the first half of the year, leading to a wider loss than 2014.
US pre-open: Futures turn north as Wall Street looks to extend gains
US stock futures pointed to a positive open on Friday, boosted by upbeat earnings reports from major technology companies.
Holders Technology warns it will post operating loss for the year
Holders Technology said on Friday it expects to post an operating loss for the year to 30 November on the back of a fall in revenue.
Europe midday: Equities push higher on hopes of more stimulus and upbeat data
European stocks rose as investors continued to take heart from European Central Bank president Mario Draghi’s dovish comments on Thursday, while an upbeat data release also underpinned sentiment.
London midday: Stocks gain on hopes of ECB stimulus, Eurozone PMI
London stocks gained on Friday on hopes of further stimulus from the European Central Bank and better-than-expected Eurozone manufacturing data.
UK government and Tata pledge £9m to steel workers
The UK government has pledged £6m to a £9m support package to help Tata Steel workers who have lost their jobs as the industry struggles to compete with cheap Chinese imports.
Asia: Stocks rally on prospect of more stimulus
Asian equity markets ended the week on an upbeat note, boosted by the prospect of more stimulus from the European Central Bank.
Cyprotex expects full year results to be ahead of expectations
Preclinical discovery and development contract researcher Cyprotex said trading had been ahead of expectations in the first nine months of the year.
British Land signs deal with Cineworld
Speke Unit Trust, the specialist retail park fund advised by British Land and managed by Schroders, has exchanged contracts with Cineworld for an 11-screen cinema at Mersey Shopping Park in Speke, Liverpool.
easyHotel franchisee gains funding for first Belgium hotel
easyHotel’s Benelux franchisee has secured financing for the proposed 107 room easyHotel Brussels project.
ServicePower Technologies signs up to ThingWorx programme
ServicePower Technologies has joined the ThingWorx partner program.
Sabien Technology chairman to step down next month
Miriam Maes will step down from her role as chairman and non-executive director of Sabiens Technology Group next month, the London-listed company said.
Venn Life Sciences signs EUR1m contract
Venn Life Sciences has signed a €1m contract with a leading French biotech company.
Exane downgrades Pearson to 'neutral'
Exane BNP Paribas downgraded Pearson to ‘’neutral’ from ‘outperform’ and cut the price target to 1,000p.
Berenberg starts Mothercare at 'hold', says risk/reward not compelling
Berenberg initiated coverage of Mothercare at ‘hold’ with a 250p price target.