Market Pulse
Results round-up
Pub operator JD Wetherspoon posted its preliminary results for the year to 24 July on Friday, with revenue rising 5. 4% to £1. 595bn, and like-for-like sales improving 3. 4% over the prior year.
Berkshire Hathaway to remain "attractive" after Buffett departure
Warren Buffett's eventual departure from investment conglomerate Berkshire Hathaway will not damage the company's propsects, and it will still remain "attractive" for investors, according to Morningstar Institutional Equity Research.
Nighthawk Energy production slides year-on-year
US-focused oil development and production company Nighthawk Energy posted an update to current production levels, operations and existing litigation matters on Friday.
Hurricane Energy gushes higher on Lancaster Field well results
AIM-listed oil and gas company Hurricane Energy gushed higher on Friday after it announced encouraging results for the first new well at the Lancaster Field in the North Sea.
French manufacturing contracts again in June
Industrial production in France dropped sharply in July as output of machinery and equipment declined for a second consecutive month.
Victoria on track to meet full-year objectives
AIM-listed floor coverings designer, manufacturer and distributor Victoria said on Friday that it is on track to meet its objectives for the current financial year as it continues to make good progress in its key UK and Australian markets.
UK retail space being taken over by tattoo artists and e-cigarette stores
High Streets in the UK are undergoing somewhat of a transformation as tattoo parlours and shops selling electronic cigarettes are increasingly taking over empty retail space.
Former Tesco directors charged with fraud
The Serious Fraud Office has charged three former Tesco executives with fraud as part of its investigation into a scandal that resulted in a £263m black hole in the retailer’s accounts.
London midday: Stocks fall as Chinese inflation data disappoints
London stocks fell on Friday as data showed Chinese inflation slowed more than expected in August and the UK trade deficit narrowed less than forecast in July.
Europe midday: Stocks edge lower amid uninspiring German, French data
European stocks drifted lower on Friday following the release of uninspiring German and French data, as investors continued to mull over the European Central Bank's latest policy announcement.
Vela Technologies issues loan notes to raise £400,000
Early-stage technology investor Vela Technologies issued convertible loan notes to certain shareholders to raise £400,000 for working capital and future investments.
US pre-open: Stocks seen slightly lower as oil slides; Fed speak in focus
US futures pointed to a slightly weaker open on Wall Street amid falling oil prices as investors watched for more Fed speak.
Facebook accused of "abuse of power" on Vietnam war photo censorship
A Norwegian newspaper has lambasted Facebook over its censorship policies following a disagreement surrounding an iconic image from the Vietnam War.
Tri-Star reports progress at Oman Antimony Roaster
Independent mining and mineral processing company Tri-Star Resources announced on Friday that Strategic & Precious Metals Processing has made “significant progress” as it moves further into the procurement phase of the Oman Antimony Roaster (OAR).
Possible pensions headache hangs over Slingsby
Industrial and workplace equipment supplier Slingsby posted its interim results for the six months to 30 June on Friday, with turnover increasing to £9. 3m as a direct result of the company’s March acquisition of ESE Direct.
OPG Power Ventures announces board changes
OPG power Ventures, an AIM listed company that develops and operated power plants in India, has announced that its chairman is stepping down and it has appointed a new independent non-executive director.
CORETX Holdings sells subsidiary for £1 to chief tech officer
Managed service provider and data technology network CORETX Holdings is to sell its subsidiary CORETX Media for £1 to its chief technology officer, who is stepping down to develop the media business.
YOLO says TVPlayer signs agreement with ITV, Channel 4 & Channel 5
YOLO, an AIM listed investment company focused on travel, technology and leisure, has announced that TVPlayer has signed an agreement with ITV, Channel 4 and Channel 5.
Comptoir Group's revenue increases due to AIM IPO
Middle East restaurant chain Comptoir Group’s half-year revenue increased following going public in June, as it seeks to expand its business sites in the UK.
German exports unexpectedly drop in July
Germany’s trade surplus was lower than expected in July as exports slid, according to data released by Destatis on Friday.