RBC Capital Markets cut its price target on Burberry to 1,700. 0p from 1,900. 0p on Friday after the luxury fashion brand's sales warning a day earlier.
European stocks finished the week on a high note, jumping over 1% on Friday as investors assessed what incoming economic data means for future monetary policy decisions.
London’s stock markets finished in a positive state on Friday despite weaker-than-expected UK retail sales figures.
Germany’s Axel Springer has reportedly pulled out of an auction to buy Telegraph Media Group after baulking at the price expectations for the UK publisher.
Inchcape revealed on Friday that non-executive director Byron Grote had acquired 10,000 ordinary shares in the London-listed automotive distribution and retailer company,.
The Financial Conduct Authority said on Friday that it has censured failed hospital operator NMC Health for understating its debt by up to $4bn.
London’s FTSE 250 was 1. 1% higher in afternoon trade on Friday at 18,548. 41.
Wall Street stocks were little changed at the opening bell as all three major averages remained on track to deliver weekly gains.
Shares in Manchester United jumped on Wall Street on Friday morning on reports that Sir Jim Ratcliffe could buy a 25% stake in the football club some time next week.
Barclays has reportedly been exploring a potential acquisition of Tesco's banking operations.
Oil and gas investor Reabold Resources announced its intention to enhance its stake in LNEnergy by 0. 8% on Friday.
US housing starts and building permits both came in better than market expectations for October, according to figures from the Census Bureau and Department of Housing and Urban Development.
London’s FTSE 100 was up 1. 2% at 7,498. 66 in afternoon trade on Friday.
Mining company Future Metals has exercised its option to acquire 100% of Australia-focussed exploration firm Osprey Minerals.
Parkmead reported a 22% improvement in revenue in its preliminary results on Friday, to £14. 77m.
Volvo Cars tanked on Friday after majority shareholder Zhejiang Geely Holding Group began selling around 100m shares in the car maker in a placing.
Jersey Oil & Gas announced a significant development in its operations in the UK Continental Shelf region of the North Sea on Friday.
Pawnbroker and jewellery and watch retailer H&T Group has secured additional funding to facilitate its business growth, it announced on Friday.
Pharma group Indivior has announced a $100m share buyback to reduce its issued shared capital and return cash to shareholders.
London stocks had extended gains by midday on Friday as investors mulled weaker-than-expected UK retail sales figures.
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