Market Pulse
Connemara Mining to start drilling at Ireland site
AIM-listed gold, zinc and lead explorer Connemara Mining Company said it will start further drill testing at its Ireland mine.
Morris Payton steps down from Goals Soccer Centres board
Goals Soccer Centres announced on Friday that, in order to free up his time to solely focus on the company’s Arena and Clubhouse revitalisation programme, Morris Payton has decided to relinquish his board responsibilities and step down from the board, effective immediately.
Tullett Prebon's Q3 revenues lifted by weaker pound
Tullett Prebon reported a 15% jump in third-quarter revenue as it got a boost from the weaker pound, with 60% of group revenues denominated in US dollars.
Berenberg starts Merlin Entertainments at 'hold'
Berenberg initiated coverage of Merlin Entertainments at ‘hold’ with a 440p price target, saying the stock is “priced to perfection”.
London open: Stocks start lower amid US election jitters, ahead of US jobs report
Stocks in London began the session firmly in the red on Friday ahead of the latest non-farm payrolls release and as the US election continues to weigh on investors’ minds.
Europe open: Stocks fall as investors eye payrolls
European stocks fell in early trade as next week’s US presidential election continued to weigh on investors’ minds and ahead of the release of the latest nonfarm payrolls report later in the day.
Vodafone agrees to sell Dutch consumer fixed business to progress with JV
FTSE 100 listed Vodafone announced on Friday that its Dutch company has agreed to sell its consumer fixed business to T-Mobile Netherlands for an undisclosed fee, in order to settle a condition by a European body for a proposed merger in the country.
John Laing Group to sell stake in Poland motorway for €147m
Infrastructure investor John Laing Group is to sell a shareholding in a motorway project in Poland to a subsidiary of a European fund for €146. 9m (£131m).
Marlowe Holdings buys Titan Fire & Security for £750,000
Support services company Marlowe Holdings has bought Titan Fire & Security, a provider of fire protection services, for up to £750,000.
Credit Suisse downgrades Croda on valuation
Credit Suisse downgraded Croda International to ‘neutral’ from ‘outperform’ on valuation grounds, keeping the price target at 3,500p.
Kennedy Wilson beats valuer estimates in third quarter
Property investment company Kennedy Wilson Europe Real Estate posted its third quarter update on Friday, for the three months to 30 September, with total portfolio value standing at £3. 07bn across 265 properties at period end.
EasyJet passenger numbers up but load factor dips in October
Budget airline EasyJet said on Friday that passenger numbers rose last month, but the load factor dropped.
Merger synergies lead to positive third quarter at Paddy Power Betfair
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.
London pre-open: Stocks seen lower ahead of nonfarm payrolls
Stocks in London were set to open in the red on Friday ahead of the latest nonfarm payrolls release and as the US election continues to weigh on investors’ minds.
Friday newspaper round-up: Brexit, rents, HSBC
Theresa May’s defeat in the courts on Article 50 leaves the prime minister facing serious uncertainty over her EU exit strategy, with the prospect of months of delays and a concerted move by MPs to push her towards a “soft Brexit”. As Westminster digested another remarkable twist in the Brexit story, the government immediately announced it would appeal to the Supreme Court. But if the prime minister loses for a second time the action will move swiftly to parliament.