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Berenberg stays at 'buy' on Aviva
Analysts at Berenberg took a fresh look at insurance firm Aviva on Friday, stating the firm's capital return was "a compelling reason" to buy.
Asia report: Stocks mixed amid Delta concerns, Jay Lee out on parole
Asia-Pacific stocks were in a mixed state at the end of the last trading day of the week, with much attention on Korea as Jay Lee, head of the Samsung chaebol, was released from prison.
Disney Q3 earnings blow past expectations
Entertainment giant Disney posted blowout quarterly earnings overnight, beating expectations for subscriber growth, revenues and earnings.
Week ahead: China activity data, UK employment in focus
Financial markets' focus over the coming week will likely shift to Asia, where a barrage of activity indicators referencing the month of July are due out in the People's Republic of China.
Friday newspaper round-up: Vectura, Covid testing, Facebook, crypto hacking, Gopuff
The board of Vectura has recommended a £1. 1 billion takeover by Philip Morris International despite more than 20 leading public health bodies, experts and doctors calling for it to reject the deal. The respiratory drugs company said last night that it would recommend shareholders accept the acquisition by one of the world’s largest tobacco companies, which values it at 165p a share, a 10p-a-share premium to a rival 155p-a-share offer from Carlyle, the US private equity firm.
Israel widens eligibility for third Covid-19 vaccine dose to over 50s
Israel has widened the eligibility criteria for a third shot of Pfizer's Covid-19 vaccine in order to help contain the fourth wave of the pandemic in the country.
FTSE 250 movers: Babcock heading to 52-week highs, Avon Protection hammered
London's second-tier index was modestly higher at the end of the week, buoyed by figures that appeared to show a stabilisation in Covid-19 infection rates across the UK and a decline in the virus's reproduction numbers.
FTSE 100 risers: Insurers and defensive names pace gains
London's top-flight index continued to grind higher, even if only modestly, at the end of a week characterised by holiday-depleted trading volumes.
US consumer confidence hit hard by rise of Covid-19 Delta variant
The appearance of the Delta variant of Covid-19 hammered Americans's confidence at the start of August, the results of a closely-followed survey revealed.
Europe close: Stocks continue to take their cue from corporate earnings
European stocks continued to push into record territory at midday on Friday after a strong week of corporate earnings, shrugging off worries about Covid cases forcing the partial closure of a major Chinese container terminal.
London close: Stocks finish firmer as investors cheer Babcock disposal
London stocks closed in the green on a relatively quiet Friday in London, as investors digested the latest import price data from across the pond.
Weekly review
The FTSE 100 ended the week 95. 76 points higher, closing at 7,218. 71 on Friday.
Broker tips: Avon Protection, Aviva
Analysts at Jefferies reiterated their 'buy' recommendation for shares of Avon Protection despite the company's profit warning earlier in the same session.
Director dealings: Paypoint CEO ups stake
Paypoint revealed on Friday that chief executive Nick Wiles had acquired 15,000 ordinary shares in the London-listed bill payment service provider.
US open: Stocks trade higher despite consumer sentiment slump
Wall Street stocks opened slightly higher on Friday, with the Dow Jones and S&P 500 both on course to turn in a winning week.
Riverstone makes decarbonisation acquisition
Riverstone Energy announced an investment of up to $0. 6m (£0. 43m) in Decarbonization Plus Acquisition Corporation IV (DCRD) on Friday.
Supply ME Capital adds to board after TradeFlow acquisition
Financial ‘inventory management’ technology company Supply@ME Capital confirmed the appointments of Dr Thomas James and John Collis to its board on Friday, as executive directors.
US import prices rise by less than forecast in July
The price of goods purchased overseas rose by less than expected last month despite the higher cost of fuel imports.
Romgaz posts 'high' operational, financial first half
Romanian natural gas producer Romgaz reported “high” operational and financial performances in the first six months of the year on Friday.
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