Market Pulse
Europe midday: Stocks drop as investors wade through earnings, data
European stocks fell on Friday, as investors weighed up encouraging news on Eurozone growth and employment against evidence the bloc was falling further into deflation, amid a deluge of corporate news.
London midday: Stocks fall as eurozone falls further into deflation
London stocks fell on Friday as investors waded through corporate earnings and as data showed the eurozone fell further into deflation in April.
US pre-open: Stocks seen flat but Amazon and LinkedIn set to rally
US futures pointed to a broadly flat open on Wall Street following heavy losses in the previous session, with strength in Amazon and LinkedIn lending support.
Asia report: Most markets drop, though down under defies
Markets in Asia ended the week on a largely downbeat note, as investors moved from central bank decisions to focus on US trading overnight.
Eurozone unemployment unexpectedly ticks lower in March
The unemployment rate in the Eurozone unexpectedly fell in March, according to the latest figures from Eurostat.
Eurozone economy grows more than expected in first quarter
The Eurozone economy grew more than expected in the first quarter, according to the preliminary flash estimated published by Eurostat on Friday.
Eurozone inflation misses forecasts in April
Consumer prices in the Eurozone fell more than expected in April, according to data released by Eurostat.
AstraZeneca first-quarter revenue up, earnings down
AstraZeneca posted a drop in first-quarter earnings but a rise in revenue as core research and development costs increased, reflecting recent acquisitions.
Polymetal pleased with Lichkvaz mineral resource estimate
Polymetal International released its mineral resource estimate for the 100%-owned Lichkvaz project on Friday, adding to the planned product expansion at its recently-acquired Kapan concentrator.
Pets at Home buys majority stakes in veterinary centres
Pets at Home has acquired majority stakes in two veterinary referral centres.
Great Portland Estates sells Mortimer House for £27m
Great Portland Estates announced on Friday that it had exchanged contracts to sell Mortimer House in London’s Fitzrovia for £26. 95m.
London open: Stocks fall as investors wade through earnings
UK stocks declined on Friday as investors sifted through corporate earnings from a batch of FTSE 100-listed companies.
Restaurant Group tumbles after profit warning
Shares in Restaurant Group tumbled on Friday after it warned over its annual profits, as it highlighted a further deterioration in trading conditions and announced the departure of its chief financial officer.
Ophir Energy hits stumbling block at Fortuna
Ophir Energy hit a stumbling block on its road to final investment decision at the Fortuna floating liquefied natural gas project, offshore Equatorial Guinea, it reported Friday.
Europe open: Stocks follow Wall St into the red
European stocks fell in early trade, tracking losses in the US, where Apple shares slid after billionaire activist Carl Icahn said he had sold his entire stake in the technology company.
SABMiller could spin off more European assets
Brewing giant SABMiller is set to spin off its businesses in central and eastern Europe, as part of the package of commitments being agreed between its suitor AB InBev and the European Commission.
Pearson trades to expectations in first quarter
Education publisher Pearson was trading in line with expectations in the first quarter, it reported on Friday, with adjusted operating profit and adjusted earnings per share before the costs of restructuring still expected to be £580-£620m and 50p-55p respectively.
London pre-open: Stocks seen lower on weak US lead
London stocks were expected to open lower on Friday, tracking losses in the US, where Apple shares slid after billionaire activist Carl Icahn said he had sold his entire stake in the company.
Friday newspaper round-up: Apple, BHS, executive pay, Reckitt
Billionaire investor Carl Icahn, who was among Apple’s largest outside shareholders, said on Thursday that he no longer held a position in the technology company. “We no longer have a position in Apple,” he said on CNBC, a US business news television network, adding that he still believed it was a “great company”. Mr Icahn cited concerns about China’s attitude towards the company, saying that Beijing could “come in and make it very difficult for Apple to sell there”.
US close: Dow down as Apple's fall cumbers tech sector
US stock indices closed with a late, steep fall into the red on Thursday after the Federal Reserve held interest rates steady but official data showed economic growth slowed surprisingly in the first quarter.