Market Pulse
Range Resources completes well on Trinidad site ahead of schedule
Exploration and production group Range Resources said work on GY 180SE, the second well at its Trinidad project, has been completed ahead of schedule.
ABN Amro lists on Amsterdam Stock Exchange seven years after bailout
Dutch lender ABN Amro made its debut on the Amsterdam Stock Exchange on Friday after raising €3. 3bn (£2. 3bn), seven years after it was bailed out by the state.
AstraZeneca and Sanofi agree to share chemical compounds
French and British pharmaceutical giants Sanofi and AstraZeneca have agreed a direct exchange of 210,000 compounds from their respective, proprietary compound libraries.
Spanish shoppers drive growth at Alpha Real
Shopping-hungry Spaniards drove continued growth at Alpha Real Trust, it reported on Friday.
Billington Holdings acquire land and assets in Shafton expansion
AIM-listed Billington Holdings announced on Friday it will acquire land and assets in Shafton from two companies.
Europe open: Stocks slip as investors digest German data, Draghi speech
European stocks were flat to a little lower as investors digested weaker-than-expected German data, while talk of additional stimulus measures from the European Central Bank failed to provide a boost.
Nationwide interim profit surges on record mortgage lending
Nationwide, Britain’s second biggest lender, said its interim profit grew sharply on the back of record mortgage lending.
ECB not short of instruments to meet mandate, says Draghi
European Central Bank president Mario Drgahi has told his audience at the 25th Frankfurt European Banking Congress that the monetary authority "is not short of instruments to meet its mandate. " .
Randall & Quilter swallows Malta-based FNF Title
Randall & Quilter said it is buying FNF Title Insurance Co Ltd for an undisclosed amount.
German produces prices decline at fastest pace since early 2010
German producer prices fell at the fastest pace since early 2010 in October, figures released on Friday showed.
Fuller, Smith & Turner first half profit up 16%
Fuller, Smith & Turner reported a 16% rise in first half pre-tax profit thanks to strong growth in all areas of the business.
Melrose says full year may be at lower end of range
Melrose Industries said trading for the Elster Group it agreed to sell to Honeywell in July was strong in the ten months to October, although its Brush business experienced challenging end market conditions.
John Lewis sales up ahead of Christmas period
John Lewis’ weekly sales have reached £100m for the first time this Christmas shopping season.
Friday newspaper round-up: House prices, Isis, Gatwick
House price growth in the UK’s biggest cities will return to double digits this year as activity in markets that have been slow to recover from the financial crisis begin to heat up. The average cost of a home in Britain’s 20 biggest cities leapt by 9. 4 per cent in the year to November to an average of £229,300, up from 8. 4% in October and 6. 6% in May, said Hometrack, the residential analyst, which believes the figures will be back in double digits by the end of the year.
London pre-open: Stocks seen flat after uninspiring US and Asian sessions
London stocks are expected to open broadly flat on Friday following fairly uninspiring sessions in the US and Asia.
Commodities: WTI resists drop below $40, metals hammered in Europe
Oil benchmarks went sideways on Thursday as WTI futures resisted a drop below $40, while base metals took another hammering in European trading.