Market Pulse
Broker tips: Halma, Genuit
Analysts at Berenberg hiked their target price on safety equipment business Halma from 2,295. 0p to 2,450. 0p on Friday following the group’s full-year earnings report a day earlier.
Ardian, Saudi fund to buy 37.6% stake in Heathrow
Ferrovial - Heathrow’s largest shareholder - said on Friday that it has agreed to sell a 37. 6% stake in the London airport to the Saudi Public Investment Fund and French private equity firm Ardian for just under £3. 3bn.
London close: Stocks fall amid French political concerns
London stocks were still in the red by the close on Friday, mirroring a broader European selloff driven by political uncertainty in France.
Director dealings: Netscientific director ups stake
Netscientifc revealed on Friday that executive director Ed Hooper had acquired 20,000 ordinary shares in the AIM-listed life sciences VC group.
FTSE 100 movers: BT Group rallies again; Burberry slumps
London’s FTSE 100 was down 0. 4% at 8,129. 32 in afternoon trade on Friday.
US open: Stocks head south in early trading
Wall Street stocks were in the red early on Friday but both the S&P 500 and Nasdaq Composite were still tracking towards a winning week.
Bradda Head reports promising results from Basin Project drilling
North America-focussed Bradda Head Lithium reported promising geochemical results from its drilling programme at the Basin Project in Arizona on Friday.
Aptamer enters partnership with Microsaic Systems
Aptamer Group announced a partnership with Microsaic Systems on Friday, to develop a panel of Optimer binders for integration into Microsaic's water testing system.
CMA clears Pennon's Sutton & East Surrey Water and South West merger
Water utility company Pennon has received the green light from the UK's competition watchdog for the proposed merger of Sutton & East Surrey Water and South West.
US pre-open: Futures point to losses following surprise wholesale inflation reading
Wall Street futures were in the red ahead of the bell on Friday but both the S&P 500 and Nasdaq Composite were still tracking towards a winning week.
London midday: FTSE falls as French political uncertainty dents sentiment
London stocks had fallen into the red by midday on Friday amid a much steeper selloff in Europe, as French political uncertainty weighed on sentiment.
CPPGroup offloads legacy Italy operations
CPPGroup, a provider of real-time, digitally delivered assistance products, announced the disposal of its legacy operations in Italy on Friday.
Raspberry Pi shares jump as retail investors join the fray
Budget computer maker Raspberry Pi saw a significant jump in its shares on Friday morning, as retail investors began trading its stock.
Tissue Regenix purchases building at Texas site
Medical technology company Tissue Regenix has purchased the building it currently leases at its facility in Universal City, Texas.
RBC Capital Markets starts Genuit at ‘sector perform’
RBC Capital Markets initiated coverage of Genuit on Friday with a ‘sector perform’ rating and 515p price target.
Berenberg raises target price on Halma following 'good' FY results
Analysts at Berenberg hiked their target price on safety equipment business Halma from 2,295. 0p to 2,450. 0p on Friday following the group’s full-year earnings report a day earlier.
Asia report: Markets mixed as BoJ holds interest rates
Markets in the Asia-Pacific region finished in a mixed state on Friday, with Japanese reversing earlier losses after the Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged.
Crest Nicholson rejects two takeover proposals from Bellway
Crest Nicholson confirmed on Friday that it had rejected two, unsolicited takeover approaches from Bellway, the latest valuing the group at about £650m.
MP Evans processed crops volumes increase, crude production rises
Palm oil producer MP Evans said on Friday that both processed crops and crude production had risen across the first five months of the year.
Physiomics re-engages with DoseMe for personalised dosing software
Physiomics, a mathematical modelling and data science specialist focussed on therapeutics and personalised medicine, has re-engaged with DoseMe to implement its personalised dosing software on the ‘DoseMeRx’ platform, it announced on Friday.