Market Pulse
Delta Lloyd rejects NN Group´s €2.4bn takeover plan
Dutch insurer Delta Lloyd rejected NN Group’s €2. 4bn takeover proposal as it remains committed to its capital and performance strategy.
S&P maintains A- rating for Saudi Arabia long-term debt
Standard & Poor's has affirmed an 'A-/A-2' rating for the Kingdom of Saudi Arabia and maintains that the outlook for the oil exporter is stable.
Comment: US election impact for traders in event of a Clinton/Trump victory
By Nikolas Xenofontos, director of risk at easyMarkets.
Europe close: Stocks end lower despite solid US jobs report
European stocks fell on Friday as a largely in-line US non-farm payrolls report failed to lift investor sentiment, although it did succeed in boosting Fed rate hike odds for the central bank´s policy meeting on 14 December.
S&P reaffirms Deutsche Bank´s long-term credit rating
Standard&Poor´s gave Deutsche Bank a vote of confidence, emphasising that the lender had the financial wherewithal to absorb the likely amount of the fines which the US Department of Justice was expected to hand down.
London close: Stocks finish higher after pound's flash crash, US non-farms
The FTSE 100 finished 0. 63% higher at 7,044. 39 points on Friday as the pound fell against the dollar and as investors shrugged off a worse-than-expected US non-farm payrolls report for September.
"Trump wants to divide" - Bernie Sanders
Hillary Clinton's former rival for the Democratic nomination for US president Bernie Sanders has urged voters to get behind her and to ensure Donald Trump does not win the election on November 8.
SyQic takeover deal extended a sixth time
Mobile television service provider SyQic updated the market on the potential takeover by its chief and an investment firm on Friday, in a deal that was initially announced in April and has already been extended five times.
URU Metals stock sees mysterious surge
URU Metals was forced to issue a statement on Friday, as its share price soared on the AIM market of the London Stock Exchange.
Netflix unlikely to enter Chinese market, according to CEO Hastings
Netflix CEO Reed Hastings has said that the television streaming service is not looking into the prospect of expanding into China, one of the only areas where it does not currently operate.
Sports Direct slides as it warns of currency hit to earnings
Sports Direct International slid on Friday afternoon as the company warned that its full-year 2017 earnings would take a hit from recent currency movements after sterling tanked overnight.
Pacific Industrial & Logistics REIT doesn't expect any affect from Brexit fallout
AIM-listed Pacific Industrial & Logistics real estate investment trust said it had “significantly” exceeded expectations in the first half of the year, as it does not expect to be affected by the uncertainty arisen since the Brexit result from the EU referendum.
London open: Shares rise as pound continues to slide lower
A shockingly large drop in the value of the pound overnight gave shares a boost at the start of trading, although some traders were left scratching their heads regarding the implications of the sudden moves in foreign exchange markets.
FTSE 250 movers: Miners gain but Sports Direct slumps on profit warning
London’s FTSE 250 index was down 0. 6% to 18,014. 02 in afternoon trade.
US open: Stocks tumble in wake of 'disappointing' non-farm payrolls
US stocks were down on Friday in the wake of an expected downturn in employment numbers for the third straight month in September, lowering the chances of an interest rate hike in November.
Draganfly makes its first investment following summer fundraise
Investing company Draganfly announced on Friday that it has made its first investment following the two fundraising exercises completed in summer.
FTSE 100 movers: Miners rally but easyJet flies lower again on downgrade
London’s FTSE 100 was up 0. 6% to 7,041. 16 in afternoon trade.
Beowulf Mining makes positive discoveries at Atvidaberg
Mineral exploration and development company Beowulf Mining provided an exploration update on its Åtvidaberg licence on Friday, confirming that to date, only a small part of the licence area has been studied.
ECB not looking to taper QE, Draghi says
The European Central Bank was not yet minded to begin tapering its monthly bond purchases, Mario Draghi said.
Pound might fall to 1.1341 in 2017, Rabobank says
The pound resumed its move lower versus the US dollar in late-morning trading following the eruption in volatility seen during Asian trading hours, amid reports that the Bank of England was "investigating" the reasons behind what most commentators had dubbed a 'flash crash' in the currency.