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-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.
Entertainment giant Disney posted blowout quarterly earnings overnight, beating expectations for subscriber growth, revenues and earnings.
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.
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 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.
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.
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.
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.
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 stocks closed in the green on a relatively quiet Friday in London, as investors digested the latest import price data from across the pond.
The FTSE 100 ended the week 95. 76 points higher, closing at 7,218. 71 on Friday.
Analysts at Jefferies reiterated their 'buy' recommendation for shares of Avon Protection despite the company's profit warning earlier in the same session.
Paypoint revealed on Friday that chief executive Nick Wiles had acquired 15,000 ordinary shares in the London-listed bill payment service provider.
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 Energy announced an investment of up to $0. 6m (£0. 43m) in Decarbonization Plus Acquisition Corporation IV (DCRD) on Friday.
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.
Aviva: Berenberg keeps at buy with a 478. 0p target price.
The price of goods purchased overseas rose by less than expected last month despite the higher cost of fuel imports.
Romanian natural gas producer Romgaz reported “high” operational and financial performances in the first six months of the year on Friday.
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.