Market Pulse
Thor posts strong first half, lowers full-year production guidance
Gold explorers and miner Thor Explorations reported a solid first-half performance on Friday, although it lowered its full-year production guidance.
Director dealings: Bluejay Mining non executive director ups stake
Bluejay Mining revealed on Friday that non-executive director Roderick McIllree had acquired 7. 5m ordinary shares in the AIM-listed exploration and development company.
US open: Stocks higher following Powell's Jackson Hole speech
Wall Street stocks were firmly in the green early on Friday as market participants turned their attention to Federal Reserve chairman Jerome Powell's remarks at the central bank's Wyoming economic symposium.
FTSE 250 movers: Direct Line in the red, Ithaca Energy rebounds
The FTSE 250 remained just above the waterline in Friday afternoon trading as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium.
FTSE 100 movers: JD Sports rallies again; Melrose hit by downgrade
London’s FTSE 100 was up 0. 3% at 8,315. 10 in afternoon trade on Friday.
Berenberg initiates coverage on Smiths Group at 'hold'
Analysts at Berenberg initiated coverage on diversified engineering business Smiths Group with a 'hold' rating and 1,757. 0p target price on Friday, stating the firm's diversification provides some relative earnings resilience but reckons stronger performance exists elsewhere in the sector.
US pre-open: Futures trade higher ahead of Jackson Hole
Wall Street futures were in the green ahead of the bell on Friday as market participants strapped in for a day packed full of speeches from Federal Reserve bankers.
London midday: Stocks maintain gains ahead of Powell speech
London stocks had maintained gains by midday on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.
Europe midday: Stocks extend gains ahead of Jackson Hole
European stocks had extended gains by midday on Friday as investors eyed a speech by Federal Reserve chair Jerome Powell for further clues on the timing of rate cuts.
Trinity delays publication of scheme document for its takeover
Trinity Exploration & Production announced a delay in the publication of the scheme document related to its recommended cash acquisition by Lease Operators on Friday.
Ofwat confirms Thames Water actions after firm's credit downgrade
Water regulator Ofwat confirmed the immediate implementation of new measures on Friday, to address Thames Water's recent loss of its investment-grade credit ratings.
Petrofac gets extension on senior note forbearance agreement
Energy services company Petrofac announced an extension of its existing forbearance agreement for the non-payment of interest on its senior secured notes on Friday.
Celadon confident in seeing through funding challenges
Cannabis-based medicines specialist Celadon Pharmaceuticals updated the market on its financial position on Friday, amid ongoing challenges related to delays in expected funding.
Revenue falls, profit improves for Anglo-Eastern Plantations
Anglo-Eastern Plantations, a producer of palm oil and rubber with operations in Indonesia and Malaysia, reported first-half revenue of $166. 7m in its interim results on Friday, down 4% from $173. 4m in the same period last year.
Sound Energy inks bridge finance deal ahead of SEME sale completion
Sound Energy has entered into a bridge financing facility agreement for up to £1. 5m, it announced on Friday.
Asia report: Markets mixed ahead of Jackson Hole symposium
Asia-Pacific markets showed a mixed performance on Friday, as investors awaited remarks from US Federal Reserve chairman Jerome Powell at the Jackson Hole economic symposium later in the global day.
Corero Network Security strikes new channel partnerships in Latin America
DDoS protection solutions provider Corero Network Security has struck new channel partnerships in Latin America, extending its sales footprint and generating its first new customer win in the area.
UK household energy bills to rise 10pc in October
UK household energy bills will rise by £149 in October as part of industry watchdog Ofgem's new price cap.
Nestle announces CEO departure, shares slump
Nestle slumped on Friday as it announced the departure of chief executive Mark Schneider, who will be replaced by Laurent Freixe.
Europe open: Stocks gain ahead of Powell's Jackson Hole speech
European stocks rose in early trade on Friday as investors eyed a speech by Federal Reserve chair Jerome Powell for further clues on the timing of rate cuts.