Market Pulse
Morgan Stanley reiterates 'overweight' on UK equities
Strategists at Morgan Stanley reiterated their 'overweight' recommendation for UK equities at the end of the week, despite the tricky macroeconomic backdrop in markets.
Asia report: Markets mixed as investors gear up for Xi-Trump meeting
Markets in Asia finished Friday in a mixed state, just the G20 summit kicked off in Argentina, with investors holding their breath for a positive meeting between China’s Xi Jinping and #US president Donald Trump.
Jefferies cuts BTG as shares within 2% of Boston Scientific offer
Jefferies downgraded BTG to 'hold' from 'buy' on Friday, cutting the price target to 840p from 900p following its agreement to be bought by US medical device maker Boston Scientific earlier this month.
Avanti Comms expects 'strong growth' in bandwidth revenues
British satellite operator Avanti Communications expects strong growth in bandwidth revenues in the final quarter of its trading year following recently signed contracts.
Bioquell surges on offer from Bill Gates-backed Ecolab
Bioquell shares surged on Friday as it agreed to be bought by US hygiene company Ecolab for £140. 5m.
DJ Khaled and 'Money' Mayweather fined for failure to disclose payments from ICO
US boxer Floyd 'Money' Mayweather and media mogul DJ Khaled have been fined a total of $767,500 by the Securities and Exchange Commission for failing to disclose payments from three separate initial coin offerings.
HML Holdings buys property management group Daunsons Soar
HML Holdings has bought Pimlico-based property management business Dauntons Soar for up to £669,000.
Euro area CPI slows more quickly than expected in November
The cost of living in the Eurozone slipped a bit more quickly than expected in November at both the headline and core level as energy price gains slowed.
Earthport losses widen as admin costs weigh on margins
Cross-border payment network Earthport saw revenues improve 5. 3% to £31. 9m in its last trading year, but increased admin expenses and narrowing gross margins led the firm to a deeper loss.
US pre-open: Stocks to drop ahead of G20 summit
US stocks looked set to drop at the open on Friday as investors eyed the G20 summit, with President Trump and China's Xi Jinping set to meet to discuss trade.
Volkswagen and Tesco set to build largest free e-car charging network
Tesco and Volkswagen are set to build the largest free charging network for electric vehicles in the UK.
Former Autonomy CEO to face criminal charges in US
Autonomy’s co-founder Mike Lynch faces US criminal charges that include fraud and conspiracy regarding the company's takeover by Hewlett-Packard in 2011.
London midday: Miners and housebuilders pace the decline as G20 eyed
Miners and housebuilders pushed the FTSE 100 below the 7,000 mark by midday on Friday as investors eyed the G20 meeting of world leaders with caution.
Hiscox, Spirax eye blue chip promotion in FTSE reshuffle
Royal Mail looks likely to be replaced by insurer Hiscox in the FTSE 100 in next month's quarterly reshuffle, while the completion of Shire's takeover in the new year will trigger the promotion of another newcomer.
Jangada Mines losses widen as Pedra Branca investments increase
South America-focussed platinum group Jangada Mines saw ore volumes increase during its last trading year but increased admin costs saw the project developer's annual losses widen.
Vast Resources sees mixed production results, focuses on stripping
Romania and Zimbabwe-focussed mining company Vast Resources updated the market on its operations and production for the three months ended 30 September on Friday, reporting a “solid” third quarter for the Pickstone-Peerless gold mine in Zimbabwe.
Metal Tiger pleased with Thai regulatory progress
Natural resources investor Metal Tiger announced on Friday that, on 22 November, the Thai Minister for Industry appointed the final six Mineral Committee members.
Pan African Resources upbeat on Royal Sheba drilling
Pan African Resources updated on the exploration drilling programme and the mineral resource estimate at Royal Sheba on Friday, reporting that it had finalised the exploration drilling programme on the project.
STM warns on profits over 'uncollectable' policy fees
Financial services company STM Group warned investors that full-year profits would be hampered by "uncollectable policy fees" and softer-than-expected new business wins in one of its insurance divisions.
Intu Properties agrees trio of disposals for £25m
A day after revealing that a consortium led by its deputy chairman had pulled its £2. 9bn takeover offer for the shopping centre owner, Intu Properties announced a trio of property disposals for £25. 3m.