Latest News
London close: Stocks finish firmer as EU Covid summit kicks off
London stocks managed to close in positive territory on Friday, as investors eyed an EU summit in Brussels to discuss a coronavirus rescue fund.
Director dealings: AO World founder ups stake
AO World said on Friday that chief executive and founder John Roberts had purchased 154,495 ordinary shares in the FTSE 250-listed online household appliance retailer.
Broker tips: Marlowe, Marshalls
Analysts at Berenberg took a fresh look at property manager Marlowe on Friday, stating that the group was worthy of attention following the completion of its recent £40m placing.
Russia still expects to ink deal with Astra Zeneca for Covid-19 vaccine
Russia still expects to conclude a deal with AstraZeneca to manufacture the Covid-19 vaccine that it is working on with Oxford University.
Friday broker round-up
National Grid: Deutsche Bank upgrades to buy with a target price of 940. 0p.
British Airways to retire Boeing 747 fleet due to pandemic
British Airways announced it would be retiring its Boeing 747 fleet of planes as the Covid-19 pandemic hits airlines and consumers continue to be wary about travelling.
Canaccord Genuity nudges up target price on Marshalls
Analysts at Canaccord Genuity slightly raised their target price on landscaping products manufacturer Marshalls from 605. 0p to 610. 0p on Friday, stating a recent recovery in sales was just what the doctor ordered.
US consumer sentiment deteriorates amid Covid-19 resurgence
Consumer sentiment in the US deteriorated in July amid a rise in new coronavirus cases, according to preliminary data released on Friday.
Chance of success for Covid-19 vaccines 'underappreciated', Goldman says
A vaccine against Covid-19 could be available in the US in late 2020, Goldman Sachs said.
FTSE 250 movers: Recruiters retreat again; Renishaw jumps
London’s FTSE 250 was down 0. 1% at 17,297. 40 in afternoon trade on Friday.
Marlowe shares worthy of attention following placing, says Berenberg
Analysts at Berenberg took a fresh look at property manager Marlowe on Friday, stating that the group was worthy of attention following the completion of its recent £40m placing.
Caledonian Trust confirms delays to sale of St Margaret's House
Edinburgh-based property investment and development company Caledonian Trust updated the market further on the proposed sale of St Margaret's House on London Road in Edinburgh to Drum Property Group on Friday.
US open: Stocks head south following Netflix earnings
Wall Street stocks were lower at the open on Friday as shares in Netflix and other tech giants weighed on indices.
Imperial College Covid-19 vaccine trial moves to next stage
Imperial College announced that a trial into its Covid-19 vaccine candidate was set to advance to its next stage.
Remote Monitored Systems agrees potential acquisition of unnamed firm
Remote Monitored Systems has entered into an exclusivity arrangement, it announced on Friday, and agreed to outline non-binding heads of terms for the potential acquisition of an unnamed company operating in the medical technology and biosecurity sectors.
Aseana agrees to sell last two plots in Kota Kinabalu
Vietnam and Malaysia-focussed property developer Aseana Properties has entered into two sale and purchase agreements, it announced on Friday, to sell its remaining two plots of land in Kota Kinabalu, Malaysian Borneo.
FTSE 100 movers: Homeserve rallies on update; banks retreat
London’s FTSE 100 was up 0. 5% at 6,283. 24 in afternoon trade on Friday.
Govt to lift England work-from-home restrictions on Aug 1
Work-from-home restrictions in England will be lifted on August 1, the government said on Friday as it aimed for a post-coronavirus return to "normality" by Christmas despite fears from scientists and employer groups.
US housing starts jump 17.3% in June
US housing starts rose 17. 3% on the month in June, according to figures released by the Commerce Department on Friday.
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