Latest News
Roche meets one primary endpoint in 'ipatasertib' prostate cancer study
Roche said a phase three study of its ipatasertib prostate cancer treatment had met a co-primary endpoint but failed to meet a second co-endpoint.
Avation enters agreements over Virgin Australia aircraft
Aircraft leasing company Avation said it had struck a deal on five aircraft that were on lease to Virgin Australia, which entered administration on 21 April.
Week ahead: Global manufacturing and US jobs in focus
The market focus over the coming week will be on global manufacturing and services, with closely-followed survey for the two sectors, both in the UK and euro are, all due out on Tuesday.
Europe close: Stocks end the week slightly higher
Following talks between US Secretary of State Mike Pompeo and his opposite number from China, Yang Jiechi, Beijing committed to following through on the phase one trade deal between the two countries.
London close: Stocks finish higher after retail sales surprise
London stocks closed well above the waterline on Friday, as investors digested better-than-expected retail sales figures.
Director dealings: Contango director ups stake
Contango revealed on Friday that non-executive director Philip Richards had acquired 1. 25m ordinary shares in the London-listed firm.
Broker tips: Boohoo, Dominos Pizza, William Hill
Analysts at Credit Suisse reiterated their 'hold' recommendation on shares Boohoo, explaining to them that while business was booming, growth was set to slow and their valuation was already at historic highs and well above peers' and their own historical level.
Travel corridors possible with Portugal, other European countries
The government has plans to relax travel quarantines for some destinations in July, it was revealed on Friday, meaning summer holidays abroad could be back on the cards.
Petropavlovsk to seek secondary listing on Moscow Exchange
Russia focused miner Petropavlovsk is seeking a secondary listing on Moscow's stock exchange with a view to expanding its investor base in that country and the positive knock-on effects on the the shares' liquidity, shares trading volumes and for the visibility of its brand.
Goldman takes more pro-cyclical tactical view
Goldman Sachs said it was shifting its investment stance to be more pro-cyclical over a three-month view and keeping a modestly pro-risk allocation over 12 months with low potential for returns.
FTSE 250 movers: Hyve heads higher; Hammerson retreats
London’s FTSE 250 was up 0. 7% at 17,635. 26 in afternoon trade on Friday.
Staffline shares sink as board addresses Thursday peak
Recruitment and training company Staffline responded to a spike in its share price on Friday, reporting that it was not aware of any reason for the price movement.
Capita to sell Eclipse business to Access
Oursourcer Capita has agreed to sell its Eclipse business to Access UK for an enterprise value of £56. 5m.
Tesla requests $68m property tax abatement to build Texas gigafactory
Tesla is seeking up to $68m in property tax abatement from a Texas school district to build a factory that will be used to produce Model Y crossovers for the East Coast market as well as its upcoming Cybertruck pickup.
Trinity Exploration on track to break even in 2020
Oil company Trinity Exploration said on Friday that it was on track to break even in 2020 following a "strong operational and financial performance" during the prior year.
Friday broker round-up
Domino’s Pizza Group: Berenberg downgrades to sell with a target price of 250p.
US open: Stocks open higher as China agrees to up imports of US goods
Wall Street stocks opened higher on Friday, putting the Dow Jones on track for a winning week despite registering two consecutive losing sessions.
FTSE 100 movers: Taylor Wimpey rallies; REITs lose ground
London’s FTSE 100 was up 1. 3% at 6,307. 70 in afternoon trade on Friday.
Tesco risks losing vote over CEO's £6.4m pay deal - report
Tesco is in danger of suffering a shareholder vote against its remuneration report over departing boss Dave Lewis's £6. 4m annual pay, according to a report.
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