Latest News
Civitas Social Housing quarterly rents collected 'as normal'
Real estate investment trust Civitas Social Housing said on Friday that rents were received "as normal" during the three months ended 30 June, with no Covid-19 impacts being felt during the quarter.

Asia report: Markets mixed, Kakao Bank surges on Seoul debut
Markets in the Asia-Pacific region closed in a mixed state on the last day of the trading week, with Kakao Bank in Korea rocketing higher on its debut, as investors closed their wallets ahead of the much-anticipated jobs report stateside later in the global day.

London close: Stocks mixed after forecast-beating US payrolls report
London stocks finished in a mixed state on Friday, as traders spent the afternoon digesting a payrolls report out of the United States which saw growth ahead of expectations.

Week ahead: Global consumer prices, UK GDP in focus
Financial markets' focus over the coming week will shift to readings on inflation pressures from different parts of the globe.

Europe close: Stocks finish week on a positive note after US jobs data
European markets were mostly higher at the end of the week following the release of a better-than-expected reading on the US jobs market.
Weekly review
The FTSE 100 ended the week 90. 65 points higher, closing at 7,122. 95 on Friday.

Carlyle sweetens offer for Vectura, trumps Philip Morris
Vectura shares surged on Friday after private equity firm Carlyle upped its offer for the inhaler maker to £958m, trumping an earlier offer from US tobacco giant Philip Morris International.

Broker tips: Cairn Energy, Direct Line, National Express
Analysts at Berenberg upgraded exploration and development firm Cairn Energy from 'hold' to 'buy' on Friday, stating "significant progress" was yet to be reflected in its current share price.

Wizz Air CEO Varadi signs new 5-year contract
Budget airline Wizz Air has signed a new five-year service agreement with chief executive officer Jozsef Varadi.

Director dealings: Diversified Energy CEO ups stake
Diversified Energy revealed on Friday that chief executive Rusty Hutson Jr had acquired 250,000 ordinary shares in the AIM-listed exploration and production firm.

FTSE 250 movers: Synthomer dented by downgrade; Cairn surges
London’s FTSE 250 was down 0. 2% at 23,468. 78 in afternoon trade on Friday.

Asda boss Roger Burnley steps down early
Asda chief executive Roger Burnley has stepped down from the business following completion of the supermarket chain’s £6. 8bn takeover by the billionaire Issa brothers.

FTSE 100 movers: LSE rallies; Hikma loses ground
London’s FTSE 100 was up 0. 1% at 7,127. 14 in afternoon trade on Friday.

US open: Stronger than expected jobs report pushes Dow Jones and S&P 500 to new highs
The Dow Jones and S&P 500 rallied to fresh record highs early on Friday as market participants thumbed over a better-than-expected non farm jobs report.

Liberum cuts target on National Express, still confident on public transport recovery
Analysts at Liberum lowered their target price on shares of National Express in anticipation of a more gradual earnings recovery through to 2023.

Record second quarter sees Amryt lift guidance further
Amryt Pharma reported record second quarter results on Friday, raising its full-year guidance, as revenue in the three months ended 30 June came in at $62. 8m, up from $46. 2m year-on-year.

Sareum positive on SRA737 outlook after Sierra call
Specialist drug development company Sareum noted on Friday that Sierra Oncology, the licence holder for the novel Chk1 inhibitor ‘SRA737’, had discussed its newly-announced global in-licensing agreement with AstraZeneca for AZD5153 with investors, which is a novel BRD4 BET inhibitor, to expand its myelofibrosis pipeline.

Altus Strategies completes first phase of community project at Diba
Altus Strategies announced the completion of the first phase of a long-term community development programme at its wholly-owned Diba gold project in western Mali on Friday.

Ixico confident as full-year revenue, earnings decline
Data analytics company Ixico updated the market on its trading on Friday, confirming that despite a “challenging” business environment, it expected to deliver £8. 7m in revenues for the 2021 financial year.

Venture Life acquires three oncology support brands
Self-care products developer Venture Life has acquired a series of oncology support product assets from Helsinn Healthcare for total consideration of CHF 6m (£4. 7m), it announced on Friday, which was expected to be immediately earnings-enhancing.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news 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.