Market Pulse
Premier Technical buys JW Gray for GBP1.1m
Premier Technical has completed the acquisition of lightning protection and earthworks systems group JW Gray for a total cash consideration of £1. 1m.
Japanese housing starts slow down in September
Growth in the Japanese housing sector slowed down in September, official figures released on Friday showed.
London open: Stocks fall ahead of Eurozone CPI
London stocks were in the red on Friday as investors continued to digest a worse-than-forecast slowdown in US economic growth in the third quarter and looked ahead to Eurozone inflation figures.
Vectura and Novartis win FDA approval for COPD combo
Vectura and giant Swiss partner Novartis have received US drug regulator approval for their combination treatment for patients with chronic obstructive pulmonary disease (COPD), triggering a sizeable milestone payment for the UK company.
Moneysupermarket.com confident of meeting full-year expectations
Moneysupermarket. com said it is confident of meeting its expectations for the full-year despite an anticipated slowdown in revenues in the fourth quarter.
Pets At Home on track to meet full-year expectations
Pet products and services retailer Pets at Home Group said its trading was in line with annual expectations, as it reported an increase in first half sales.
Europe open: Stocks nudge higher as investors eye slew of data releases
European stocks nudged higher amid a slew of mostly well-received earnings news, as investors looked to the release of more key data.
Spanish economy slowed slightly in the third quarter
The Spanish economy slowed down slightly in the third quarter of the year.
French household spending falls flat in September
French consumers spent less in September on food and energy products, although outlays on automobiles picked up significantly.
Lookers expects full-year results in line with market expectations
Car dealership group Lookers expects full-year results to be in line with current market expectations following a solid performance in the last nine months from both the motor and parts divisions.
London pre-open: RBS reports sharp drop in profits
Stocks were being called to start the session higher by about 17 points, ahead of another raft of US economic data, although with the European Central Bank primed for action the latest Eurozone consumer price would likely make for the most interesting read.
BG lifts production guidance as third-quarter earnings drop
BG Group posted a 37% drop in third-quarter core earnings but raised its full-year production guidance as output increased sharply in the period.
Friday newspaper round-up: EU policy votes, US pharma, UK credit rating
Britain is pressing for an “emergency brake” to safeguard the economic interests of non-euro countries, according to European ministers and officials privately sounded out about London’s EU reform wishlist. The brake-clause is one of some half-a-dozen principles that Prime Minister David Cameron and George Osborne, chancellor, want in a protocol that enables the EU single market to coexist more easily with an integrated eurozone. – Financial Times .