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17 Apr
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Europe close: Stocks trim weekly loss, Dax finishes higher

Good news out of a clinical trial for an experimental treatment for the Covid-19 virus in the States helped lift the mood among investors across the Continent and helped to offset a grim set of economic data out of China.

17 Apr
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Catenae to work on Cov-ID document exchange project

Digital media and technology group Catenae Innovation has joined a consortium led by Z/Yen Group aimed at building a GDPR compliant identity documentation exchange system to record an individual's Covid-19 test status.

17 Apr
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Rishi Sunak extends furlough scheme until end of June

UK Chancellor Rishi Sunak announced on Friday the decision to extend the scheme allowing businesses to furlough employees during the Covid-19 crisis until the end of June.

17 Apr
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London close: Stocks higher as markets pin hopes on treatments

London stocks finished in the green on Friday, despite disappointing Chinese data, as investors pinned their hopes on a potential coronavirus treatment.

17 Apr
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Ford warns on profits amid Covid-19 lockdow

Carmaker Ford issued a profit warning on Friday as the Covid-19 pandemic began to take its toll on sales across the auto industry.

17 Apr
Weekly review

The FTSE 100 ended the week down 55. 7 points at 5,786. 96.

17 Apr
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Broker tips: City Pub Group, Ferguson, Vodafone

Analysts at Berenberg slashed their target price on City Pub Group from 220p to 95p on Friday but said the group's recent fundraiser had left the company with a substantial level of liquidity and a best-in-class balance sheet.

17 Apr
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Expert predicts 40,000 deaths in UK due to Covid-19

A British health professor told lawmakers on Friday that the UK government had been too slow to act to protect Britons from the Covid-19 outbreak and predicted that the death toll from the pandemic could reach 40,000.

17 Apr
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Director dealings: City Pub chairman ups stake

City Pub Group revealed on Friday that chairman Clive Watson had acquired 530. 811 ordinary shares in the AIM-listed landlord.

17 Apr
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FTSE 250 movers: Mediclinic loses ground; Brewin Dolphin gains

London’s FTSE 250 was up 2. 6% at 15,796. 81 in afternoon trade on Friday.

17 Apr
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CMA provisionally clears Amazon investment in Deliveroo

The Competition and Markets Authority said on Friday that it has provisionally cleared Amazon’s investment in Deliveroo "in light of a deterioration in Deliveroo’s financial position as a result of coronavirus", after the takeaway delivery company said it was at risk of collapse without it.

17 Apr
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US open: Stocks rally as Gilead's Remdesivir shows effectiveness in coronavirus treatment

US stocks opened higher on Friday after Gilead Sciences revealed one of its drugs had shown effectiveness in treating Covid-19 symptoms.

17 Apr
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Empyrean Energy cancels £1m placing plans amid low oil prices

Oil and gas development company Empyrean Energy announced on Friday that it was no longer proceeding with its proposed £1m placing.

17 Apr
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FTSE 100 movers: Flutter flies higher; Ocado retreats

London’s FTSE 100 was up 3% in afternoon trade on Friday to 5,800. 15 amid hopes of a potential coronavirus treatment.

17 Apr
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Berenberg slashes target on City Pub Group

Analysts at Berenberg slashed their target price on City Pub Group from 220. 0p to 95. 0p on Friday but said the group's recent fundraiser had left the company with a substantial level of liquidity and a best-in-class balance sheet.

17 Apr
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Friday broker round-up

Ferguson: Credit Suisse upgrades to neutral with a target price of 6,181p.

17 Apr
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Credit Suisse upgrades Ferguson, expects dividend restart

Credit Suisse upgraded its recommendation for shares of Ferguson and hiked its target price, pointing out the various positives in its equity story and arguing that even under its 'grey sky' scenario, the plumbing and heating products distributor's earnings were set to be more stable than in 2008-09.

17 Apr
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4D Pharma upbeat on key findings from Blautix study

Biotherapeutics-focussed pharmaceutical company 4D Pharma announced key findings of a planned interim analysis in its ‘BHT-II-0002’ study in irritable bowel syndrome (IBS) on Friday.

17 Apr
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Deutsche Bank stays at 'buy' on Vodafone despite 'not great' underperformance

Analysts at Deutsche Bank kept their recommendation for shares of Vodafone at 'buy', despite their underperformance versus the sector and the wider market year-to-date.

17 Apr
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Gfinity to deliver televised virtual cricket competition

Esports and gaming services company Gfinity has been selected by premier cricket broadcaster Willow TV, owned by the Times Group, to design and deliver ‘The eCricket Challenge’ in partnership with Betway.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.