Market Pulse
Iofina posts record first-half revenue but profits fall
Iodine production specialist Iofina announced record first-half revenue on Friday, of $26m, a 7% increase compared to the same period last year, although its profits fell.
Eco Buildings receives preliminary order from Albanian customer
Modular housing company Eco Buildings Group has received a preliminary order of 5,000 square metres of walling from R&T Sh. p. K. for installation as a permanent perimeter wall around a residential tourist site in Albania.
Bridgepoint slumps as shareholders place 14.7m shares
Bridgepoint slid on Friday after a group of 103 current and former employees and some related entities sold 14. 7m shares in a placing.
Jefferies downgrades Burberry, slashes price target
Jefferies downgraded Burberry on Friday to ‘underperform’ from ‘hold’ and slashed the price target to 490p from 800p as it took a look at European luxury brands.
Tandem Group inks exclusive UK distribution deal with VanMoof
Leisure and mobility equipment retailer Tandem Group said on Friday that it has entered into an agreement to be the exclusive distribution and sales partner for VanMoof in the UK.
London open: Stocks in the red as consumer confidence slides, retail sales beat
London stocks fell in early trade on Friday as investors mulled a slide in consumer confidence but better-than-expected retail sales data.
Investec flags stable first-half performance
Investec Group projected a stable financial performance for the first half in an update on Friday, despite economic uncertainties earlier in the year.
London pre-open: Stocks to fall as investors mull retail sales, consumer confidence
London stocks were set to drop at the open on Friday following solid gains a day earlier, as investors mulled a slide in consumer confidence but better-than-expected retail sales data.
Friday newspaper round-up: Workers' rights, Wimbledon, Glencore execs
Trade union leaders will meet senior ministers on Saturday for crunch talks on the government’s workers’ rights package, as the government looks to head off a potentially damaging row at Labour conference. General secretaries from the 11 unions affiliated to Labour will meet Angela Rayner, the deputy prime minister, and Jonathan Reynolds, the business secretary, on the eve of conference to thrash out details of the package, sources have told the Guardian. – Guardian.