Market Pulse
Glencore reportedly in talks to sell further 9.9% stake in agricultural unit
Glencore is reportedly in talks to sell a further 9. 9% stake in its agricultural unit, valued at around $625m.
Numis places Interserve 'under review'
Numis has placed its rating and target price on Interserve ‘under review’ after the company highlighted contractual issues.
US pre-open: Stocks seen touch weaker ahead of payrolls
US futures pointed to a marginally weaker open on Wall Street as investors looked to the release of the non-farm payrolls report for any clues on the timing of the next rate hike by the Federal Reserve.
Citi double-downgrades Man Group shares to sell
Analysts at Citi took a knife to their recommendation and estimates for shares of Man Group.
US central bank should not raise inflation target, Fed's Kaplan says
Governments from around the world, including that of the United States, need to boost public spending in order to boost economic growth, a top US central bank official said.
Asia report: Down under tracks higher while others falter
Most markets in Asia ended Friday lower, as investors closed their wallets ahead of the US nonfarm payroll numbers for April - though Australia managed to reverse losses after official inflation forecasts for the country were lowered.
UK new car registrations rise in April, SMMT reveals
British new car registrations rose 2% to 189,505 units in April, according to data on Friday.
Global economy to 'sink below the icy waves', says SocGen's Albert Edwards
Never one to mince his words, Societe Generale strategist Albert Edwards predicted more doom and gloom this week, saying the weak dollar should be seen “as merely a shuffling of deckchairs on the Titanic before the global economy sinks below the icy waves”.
Referendum raises significant long-term questions about UK, EU, Fed's Lockhart says
A rate hike in the US in June is possible but depends entirely on the incoming economic data between now and then, the president of the Federal Reserve bank of Atlanta said on Thursday evening.
Liberum initiates Shire at 'buy' despite Baxalta
Liberum initiated coverage of Shire at ‘buy’ with a 4,700p price target.
Numis H1 profit up; CEO to step down
Stockbroker Numis reported a rise in first-half pre-tax profit as revenue grew, and announced the departure of its chief executive.
Spanish industrial production beats forecasts in March, but economists expect slowdown
Spain's industrial production rebounded in March, led by a jump in energy output.
Morgan Advanced Materials trades flat against 'challenging' market
Advanced materials company Morgan Advanced Materials was trading in line with expectations in the first three months of the year, it reported on Friday, as investors mustered in central London for its annual general meeting.
London open: Stocks fall ahead of US non-farm payrolls report
London stocks slid on Friday with investors taking a cautious approach ahead of the US non-farm payrolls report later.
Interserve to take £70m hit from Glasgow waste contract
Interserve tumbled on Friday after saying expectations for its UK construction division have taken a significant hit due to a further deterioration in its Glasgow energy from waste contract.
Covent Garden, Earls Court developments on track at Capco
London property company Capital & Counties reported strong trading activity in the year to date on Friday, as its redevelopment of the Covent Garden and Earls Court areas in central London continued.
Europe open: Stocks slip ahead of non-farm payrolls
European stocks slipped in early trade, taking their cue from a downbeat Asian session as investors looked to the release of the all-important non-farm payrolls report.
Outlook for China's economy is a key risk, RBA says
The Aussie was knocked lower overnight following the release of the Reserve Bank of Australia's quarterly Statement on Monetary Policy.
Tullett Prebon appoints Andrew Baddeley as CFO
Tullett Prebon has appointed Andrew Baddeley as chief financial officer with immediate effect.
Hastings Group posts strong first-quarter performance
General insurer Hastings Group Holdings reported strong first-quarter operating performance on Friday, trading in line with targets set at its IPO last October.