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21 Aug
paris-vise-une-alliance-avec-l-allemagne-dans-l-hydrogene-declare-le-maire
Europe close: Stocks slip after weak euro area services sector data

Stocks across the Continent finished slightly lower on Friday, despite data showing a sharp slowdown in services sector growth inside the single currency block.

21 Aug
astrazeneca
London close: Stocks weaker as investors mull economic data

London’s top-flight index ended in the red on Friday, as investors mulled over a raft of economic data, with sterling under the cosh after the EU blamed the UK for deadlocked Brexit talks.

21 Aug
Weekly review

The FTSE 100 ended the week down 88. 15 points at 6,001. 89.

21 Aug
antofagasta copper mining miners
Broker tips: Hammerson, DCC, Antofagasta

Analysts at RBC Capital Markets cut their target price on real estate investment trust Hammerson from 65. 0p to 55. 0p on Friday, stating the group's planned restructuring marked a "big change in strategy".

21 Aug
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Director dealings: Whitbread HR directors makes share sale

Whitbread revealed on Friday that human resources director Louise Smalley had disposed of 1,742 ordinary shares in the FTSE 250-listed hotel operator.

21 Aug
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Inland Homes agrees acquisition and development of Hounslow site

Developer and housebuilder Inland Homes announced on Friday that its asset management division has entered into agreements relating to the acquisition and development of one of the largest brownfield sites in London - the 36. 7 acre Cavalry Barracks in Hounslow.

21 Aug
adollarmakemeholler
Advanced Oncotherapy draws down first $10m from Nerano facility

Proton cancer treatment developer Advanced Oncotherapy has drawn down an initial $10m (£7. 65m) from the interest-bearing secured convertible facility with Nerano Pharma, it announced on Friday.

21 Aug
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Tiziana gets US patent on use of 'Milciclib'

Biotechnology company Tiziana Life Sciences announced on Friday that the United States Patent and Trademark Office (USPTO) has granted a patent on use of ‘Milciclib’ in combination with tyrosine kinase inhibitors (TKIs) such as ‘Sorafenib’, ‘Regorafenib’ and ‘Lenvatinib’ for the treatment of hepatocellular carcinoma (HCC) and other cancers in humans.

21 Aug
bellway housebuilding
Bellway shares 'up with events', says Deutsche Bank

Deutsche Bank downgraded housebuilder Bellway to ‘hold’ from ‘buy’ on Friday, saying the shares are largely "up with events".

21 Aug
edgar test 10
Simec Atlantis enters debt financing agreement for Uskmouth

Sustainable energy company Simec Atlantis Energy announced on Friday that it has entered into an exclusive debt financing agreement with South Korean financial institution Hana Financial Investment (HFI) to work together to fund 100% of the 110MW first phase of the Uskmouth conversion project, through a senior secured loan to SIMEC Uskmouth Power (SUP).

21 Aug
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Manx Financial Group announces government-backed lending appointments

Financial services company Manx Financial Group announced what it described as “significant” government-approved appointments in the Isle of Man and the UK on Friday.

21 Aug
wall street
US open: Stocks go green following better-than-expected data

Wall Street stocks were higher at the bell on Friday, with the Nasdaq Composite hitting a fresh intraday high as a record week for indices gets set to draw to a close.

21 Aug
fed-reserve-federale-americaine
US manufacturing and services sector PMIs jump in July

Activity levels at both US factories and among services sector firms picked up substantially in August, according to the results of two closely-followed surveys.

21 Aug
housebuilder building construction
FTSE 250 movers: HGCapital Trust rallies; Bellway falls on downgrade

London’s FTSE 250 was up 0. 1% at 17,508. 76 in afternoon trade on Friday.

21 Aug
ferguson wolseley
Existing US home sales jump at twice the expected pace in July

Existing home sales in the US jumped last month at nearly twice the pace that economists had forecast.

21 Aug
dcc distributor
FTSE 100 movers: DCC hit by downgrade; InterContinental up on M&A spec

London’s FTSE 100 was down 0. 5% at 5,986. 20 in afternoon trade on Friday.

21 Aug
housebuilder building construction
Friday broker round-up

Bellway: Deutsche Bank downgrades to hold with a target price of 2,422p.

21 Aug
smart metering systems
Ovo Energy pays £1.2m fine as SSE unit misses smart meter target

Gas and electricity supplier Ovo Energy has paid a voluntary £1. 2m fine as its recently-acquired SSE Energy Services unit failed to hit smart meter installation targets last year.

21 Aug
ep brussels airlines
EU approves €290m aid for Lufthansa Belgian unit

The European Commission on Friday approved a €290m aid package for German carrier Lufthansa's Belgian unit Brussels Airlines, to help it withstand the impact of the coronavirus pandemic.

21 Aug
penuries-au-royaume-uni-en-cas-de-brexit-sans-accord
EU's Barnier warns Brexit trade talks 'going backwards'

European Union Brexit negotiator Michel Barnier said talks between the UK and the EU went "backwards” this week, adding that negotiators are “wasting valuable time”.

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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.