Market Pulse
US trade deficit shrinks rapidly in September
America´s trade shortfall with the rest of the world narrowed significantly in September, reaching a 19-month low, albeit alongside falling imports.
Europe close: Equities slide as traders play it safe
European stocks fell on Friday as next week’s US presidential election continued to weigh on investors’ minds, despite the positive reaction from economists to the latest US non-farm payrolls report.
Directors dealings: Regus finance chief picks up shares despite poor technical backdrop
Regus's finance chief, Dominik de Daniel, picked up a large batch of stock despite the shares' daunting technical aspect.
Ian Chimes steps down from Miton Group
Fund management company Miton Group announced on Friday that its sales and marketing director Ian Chimes has resigned from the group and will step down from the board immediately.
US open: Stocks rise on non-farm increase as presidential election looms
US stocks were in the green as data revealed that hiring and wages surged in October but missed new job expectations, while the close-run presidential race entered the final few days.
Bond International Software completes disposals and prepares to wind-up
Bond International Software confirmed the completion of the sale of its recruitment software subsidiaries on Friday, comprising Bond UK, Bond International Holdings, and a number of other international subsidiaries, to Hockliffe and Bond US.
Samsung suffers further blow as exploding washing machines recalled
South Korean electronics firm Samsung has been hit with another safety recall as 2. 8 million of its washing machines are being brought back in the US after several reports of the tops detaching during use.
Friday newspaper share tips: Tate&Lyle, Schroders
Tate&Lyle continues to be an attractive proposition for investors despite recent sharp share price gains, The Times's Tempus said.
Results round-up
Paddy Power Betfair posted a trading update for the three months to 30 September on Friday, with revenue up 25% to £404m, or up 15% in constant currencies.
Revlon swings to loss in third quarter
Revlon said on Friday that it swung to a net loss in the third quarter on the back of acquisition and integration costs following its purchase of Elizabeth Arden earlier in the year.
Frontier IP Group celebrates success at Alusid
Intellectual property commercialisation specialist Frontier IP announced on Friday that its portfolio company Alusid has been awarded this year's IChemE Global Award 2016 for Best Business Start-Up.
Dalian Wanda continues Hollywood investment with Dick Clark Productions purchase
The company owned by China's richest man is making another foray into the Western television industry, as Wang Jianlin's Dalian Wanda group has announced plans to take over the entertainment firm behind the Golden Globe Awards.
RM2 to show-off smart packing solutions with AT&T
Pallet development, management and supply company RM2 International announced on Friday it will participate in AT&T's LTE-M network pilot that promises to boost connections for the so-called ‘Internet of Things’ (IoT).
Week ahead: US elections take centre stage
The start of the coming week will see the markets in thrall to the results of polling ahead of the 8 November US presidential elections, with traders likely to be keeping tabs on the news-flow over the weekend as well.
PCG Entertainment to help create Chinese football academy
Asia-Pacific media and entertainment company PCG Entertainment announced on Friday that it has signed a memorandum of understanding with Shenzhen Tianrong Sports Culture Management for the creation of a major football academy in China.
DFS shares slide as Advent International cuts stake
DFS shares slid on Friday as US private equity firm Advent International cut its stake in the furniture retailer by half.
FTSE 250 movers: DFS tanks as Advent cuts stake; Tullett gains on Q3
London’s FTSE 250 was down 1. 8% to 17,264. 17 in afternoon trade.
FTSE 100 movers: Hikma slumps but Paddy Power shines
London’s FTSE 100 was down 1. 6% to 6,683. 54 in afternoon trade.
Morgan Stanley upgrades Aggreko despite concerns over IPP model
Morgan Stanley upgraded power generator company Aggreko from ‘underweight’ to ‘equal weight’ and bumped up its target price from 850p to 900p, despite orders for diesel products falling.
Oil companies launch $1bn fund to tackle climate change
A group of oil companies has launched a $1bn fund to lower emissions as the Paris climate change agreement came into force on Friday.