Market Pulse
Eurozone PMI beats expectations in October
Economic recovery in the Eurozone gained momentum in October, driven by higher demand for services, figures released on Friday showed.
Carillion builds on JPMorgan upgrade
Carillion got a boost on Friday after JPMorgan Cazenove upgraded its stance on the construction and support services company to ‘overweight’ from ‘neutral’ as it took a look at UK contractors.
London open: FTSE opens on front foot on ECB stimulus hopes
The FTSE opened on the front foot on Friday after European Central Bank president Mario Draghi left the door open to further stimulus.
Europe open: Stocks push up as investors continue to cheer prospect of further QE
European stocks rose in early trade, tracking gains in the US and Asia as investors continue to take heart from European Central Bank president Mario Draghi’s dovish comments on Thursday.
Zamano says offer talks have ended
Zamano said the talks it had entered into in August regarding a possible takeover offer have been terminated.
88 Energy begins drilling operation at Icewine
Exploration group 88 Energy said on Friday that drilling operation at its Icewine 1 exploration well in Alaska have got underway.
China leading indicators rise in September
A leading economic index for China surged in September, data released on Friday showed.
William Hill slumps after warning over full-year profit
Shares in William Hill slumped after the bookie warned on Friday that full-year operating profit will come in at the bottom end of analysts’ forecasts as a result of additional taxes on the gambling industry and a tough comparison with last year.
Dechra Pharmaceuticals posts strong first quarter results
Dechra Pharmaceuticals has posted a strong first quarter update, with a substantial increase in revenue.
Entertainment One completes Peppa Pig acquisition
Entertainment One has completed the acquisition of a 70% stake in Peppa Pig creator and producer Astley Baker Davies Limited (ABD) for £140m.
London pre-open: Modest gains expected ahead of manufacturing surveys
Stocks are being called to start the day only modestly higher despite the strong gains seen on Wall Street overnight.
Workspace makes two acquisitions for £24.4m
Workspace has exchanged contracts for two separate acquisitions for a total of £24. 4m.
US close: Stocks jump, technology issues lead the pack
US stocks jumped on Thursday, breaking a three-day losing streak as investors analysed a number of corporate earnings and were buoyed by hints of possible new stimulus measures across the Atlantic.
Friday newspaper round-up: TalkTalk, HSBC, Regulation
The personal and financial details of more than four million TalkTalk customers may have been stolen in a cyberattack that brought down the telecom company’s website. A police investigation has begun after the “significant and sustained” attack on the website on Wednesday by unidentified hackers. - The Times.