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Market Pulse
05 Feb
Evraz, steel manufacturing
ArcelorMittal slumps on full year loss, capital raising

Shares in ArcelorMittal slumped on Friday after the steel giant reported a loss of $7. 9bn (£5. 4bn) for 2015.

05 Feb
oilfield
Faroe Petroleum reports good 2015, but muted outlook

Faroe Petroleum experienced a good year of production in 2015, though it was looking at a muted year ahead in its operational update on Friday.

05 Feb
handshake
Premier Farnell to sell Akron Brass business

Technology distributor Premier Farnell has agreed to sell its life-safety products unit Akron Brass to IDEX Corporation for $224. 2m (£154m) in cash.

05 Feb
union-europea-banderas
Europe midday: Stocks waver as investors look to payrolls

European stocks wavered in a tight range, with investors opting for caution following disappointing German data and ahead of the all-important non-farm payrolls report.

05 Feb
shard,london bridge
London midday: Miners push equities higher as investors eye non-farm payrolls

UK equities advanced on Friday, bolstered by a rally in mining shares as metal prices reversed declines.

05 Feb
Gold bars, coins, mining, metals
Wishbone moves to new phase of development with acquisition

Wishbone Gold transitioned into a new phase of development on Friday, announcing the purchase of Precious Metals International Group (PMI), including its wholly-owned subsidiary Black Sand FZE, in an all-share transaction.

05 Feb
Centrica, offshore wind farm
Centrica sells wind farms to consortium

Centrica and its 50% joint venture partner EIG Global Energy Partners have agreed a sale of the Glens of Foudland, Lynn and Inner Dowsing wind farms (GLID) to a consortium.

05 Feb
money
Porta completes two-year-old acquisition deal

Porta Communications announced the completion of a nearly-two year old acquisition deal on Friday.

05 Feb
hong kong
Asia report: Turbulent trading ahead of Chinese New Year

Trading in Asia moved in various directions on Friday, with traders preparing for US jobs numbers and a thin week of trading next week with the Chinese New Year holiday.

05 Feb
Oil rig, oil & gas, drilling
Bahamas Petroleum gains as Senate passes Petroleum Bill

AIM-listed oil and gas company Bahamas Petroleum announced on Friday that the Bahamian senate has approved a new petroleum bill that will provide an upgraded and modernised framework for explorations in the Bahamas.

05 Feb
greka drilling
Greka Drilling says it drilled much more in 2015

Greka Drilling's activities were on the up in 2015, with the company publishing its operations update for the calendar year on Friday.

05 Feb
assange
UN group confirms Assange was "arbitrarily detained"

A United Nations legal panel has said Julian Assange should be “entitled to his freedom of movement and to compensation”, but the UK has rejected the report.

05 Feb
John Lewis, retail
January retail sales rise as shoppers grab a bargain

The January sales lured bargain hunters back to the High Street in January, according to figures released by accountancy and business advisory firm BDO.

05 Feb
beer
Barclays downgrades Enterprise Inns to 'underweight'

Barclays downgraded Enterprise Inns to ‘underweight’ from ‘equalweight’ and slashed the price target to 80p from 155p.

05 Feb
health, nurse
OptiBiotix raises £1m in new placing

OptiBiotix had an additional £1m to play with on Friday, announcing a new placing of 1,282,051 ordinary shares at 78p each.

05 Feb
ikea
IKEA loses brand trademark in Indonesia

IKEA has lost its trademark in Indonesia, after the country’s highest court ruled the name was owned by a local company, Associated Press reported on Friday.

05 Feb
trading, stock, stocks, trader, market
CMC Markets valued at £691m in IPO

Spreadbetting firm CMC Markets has priced its London stock market listing at 240p a share, giving the group a market capitalisation of around £691m and at the lower end of the 235p-275p range.

05 Feb
money
Teathers Financial exploring reverse takeover options

Teathers Financial said it is in talks with two parties over a possible reverse takeover.

05 Feb
the gherkin, londres, rascacielos, edificio
London open: FTSE flat ahead of non-farm payrolls

The FTSE 100 opened flat on Friday as investors erred on the side of caution ahead of the US non-farm payrolls report.

05 Feb
union-europea-banderas
Europe open: Stocks edge lower as investors eye non-farm payrolls

European stocks edged lower in early trade, with investors erring on the side of caution ahead of the all-important non-farm payrolls report.