Market Pulse
US open: Stocks gain after non-farm payrolls smash estimates
US stocks gained on Friday as the July non-farm payrolls report came in much better than expected.
Blue Prism indicates it will beat full-year expectations
Robotic process automation company Blue Prism updated the market on its current trading on Friday, saying it has continued to enjoy “strong” pipeline progress.
Tuesday share tips: IMI, Serco
IMI stands to prosper when recovery returns – following efforts by the company over the past few years – but that prospect now looks more distant, the Financial Times´s Lex column said.
Cloudcall boosts revenue and narrows loss
Cloudcall announced its unaudited interim results for the six-month period ended to 30 June on Friday, with revenue up 62% to £2. 3m.
Directors dealings: Aviva chairman steps in and buys
Aviva chairman Sir Adrian Montague picked up shares in the life insurer which had been beaten down in 2016 on the back of worries about the impact that low interest rates will have on its profitability and the possible fall-out from Brexit.
WideCells progressing with Manchester stem cell facility
Stem cell storage and insurance company WideCells Group announced on Friday that its core division has made “rapid progress” in establishing its state of the art, stem cell laboratory based at the University of Manchester Innovation Centre.
HSBC passes on BoE base rate cut to customers
After the Bank of England lowered the base rate to 0. 25% from 0. 50%, HSBC said on Friday it will pass on the rate cut to its tracker and variable mortgage rate customers.
Group revenue and earnings fall at PHSC
Health, safety, hygiene and environmental consultancy company PHSC posted its preliminary results for the year to 31 March on Friday, with underlying EBITDA falling to £0. 368m from £0. 818m.
Sanne confident of growth after Brexit due to business wins
Finance administration outsourcer Sanne said despite Bexit uncertainty, new business wins and a new acquisition gives it confidence for future growth.
Quantum Pharma completes Mucodis range with vaginal cream
Niche pharmaceutical developer Quantum Pharma announced on Friday that its subsidiary Colonis has launched Mucodis vaginal cream.
Europe midday: Stocks edge higher ahead of non-farm payrolls report
European stocks edged tentatively higher on Friday as investors continued to mull over the Bank of England’s latest policy move and ahead of the release of key jobs data in the US.
Heathrow Black Lives Matter protest disrupts traffic in co-ordinated day of action
Black Lives Matter protesters blocked a motorway route to Heathrow airport, causing chaos on Friday morning in a co-ordinated day of action.
Spanish industrial production slightly weaker than expected in June
Spanish industrial output turned higher in June following two consensecutive months of falling production.
Italian industrial production misses forecasts in June, economists cut projections
Industrial production in Italy declined for a second consecutive month in June, increasing the risk that the country´s gross domestic product might be set to slow more sharply than had been expected, reflecting recent weak orders both domestically and from abroad, economists said.
French trade deficit worsens less than expected in June
France´s trade balance worsened in June as shipments to the US registered a large decline, although the outcome was not as bad as feared.
US pre-open: Stocks seen slightly higher ahead of non-farm payrolls
US futures pointed to a slightly firmer open on Wall Street as investors eyed the release of the all-important non-farm payrolls report.
Asia report: Markets mixed as investors await US jobs data
Markets in Asia finished Friday mixed, as traders kept their wallets in their pockets ahead of the key non-farm payrolls data in the US.
House prices fall in July but too soon to see effect from Brexit, says Halifax
UK house prices fell by 1% in July from a month ago, suggesting that growth is “slowing" in the market, according to a mortgage lender.
Credit Suisse ups year-end targets for S&P 500, Euro Stoxx 50
Credit Suisse lifted its year-end targets for the S&P 500 and the Euro Stoxx 50 in its latest global equity strategy note on Friday.
UK jobs market in 'dramatic freefall' post Brexit, says REC
The UK jobs market suffered a “dramatic freefall” in July as the European Union referendum hurt business confidence, according to a survey on Friday.