Market Report
Directors dealings: Superdry's Dunkerton makes fourth share purchase in under a week
Two of clothing retailer Superdry's top executives, including its co-founder Julian Dunkerton, picked up some shares on Thursday.
Europe close: Stocks end week on down note as Covid-19 worries weigh on sentiment
European shares finished the week in the red as the rising number of coronavirus cases across the continent and higher UK borrowing figures dampened sentiment.
Kazakh lender Kaspi.kz dusts off plans for London IPO
Kaspi. kz is planning to float in the UK more than a decade after the Great Financial Crisis scuppered its previous attempt to list on the London Stock Exchange.
London close: Stocks turn positive in late trading
London equity markets finished in positive territory on Friday, managing to break above the waterline in late trading after worries about rising Covid-19 cases and further restrictions knocked sentiment earlier in the session.
Bonhill Group agrees sale of GCI brand
Business-to-business media company Bonhill Group has agreed the sale of the GCI brand, website and subscriber base to its editor, David Thornton, for an undisclosed sum, it announced on Friday.
Arkle announces positive soil sampling results from Inishowen
Arkle Resources announced positive results from soil sampling at its wholly-owned Inishowen gold project in County Donegal, Ireland on Friday, adding that a programme to identify drill targets would begin immediately.
Revolution blames Covid restrictions as it says it could close bars
Revolution Bars said on Friday that it is considering closing some of its bars due to the coronavirus pandemic and the 10pm curfew announced by the government earlier this week.
Red Rock upbeat on progress at Jupiter and Australasia investments
Natural resource development company Red Rock Resources updated the market on its investments in Jupiter Mines and Red Rock Australasia on Friday, reporting that mining at Jupiter’s Tshipi open-cast manganese mine in the South Kalahari Basin was behind plan, although production and exports remained on track.
FTSE 250 movers: William Hill surges; WH Smith loses ground
London’s FTSE 250 was up 1% at 16,973. 92 in afternoon trade on Friday.
Broker tips: Shell, Close Brothers Group, Aston Martin
All is not well at Royal Dutch Shell, Citi said as the bank reiterated its 'sell' rating on Britain's biggest oil company.
US open: Stocks recover from early dip, stimulus and elections in focus
Wall Street is trading slightly higher with investors closely following the headlines around stimulus discussions on Capitol Hill and the polls ahead of the next elections.
FTSE 100 movers: GVC and Flutter rally on deal news; Rolls-Royce retreats
London’s FTSE 100 was flat at 5,821. 73 in afternoon trade on Friday.
Swiss set to vote on free movement deal with EU
Switzerland is set to vote on Sunday on whether to end its agreement with the European Union that allows free movement of people between the two jurisdictions.
S&P takes Easyjet of CreditWatch, reaffirms long-term debt at BBB- with 'negative' outlook
Analysts at Standard&Poor's reaffirmed their rating on Easyjet's long-term debt, removing it from CreditWatch, but cautioned that the budget airline's risk metrics would remain under "considerable pressure" over the next few quarters due to the heightened uncertainty around the pandemic and economic recession.
Apollo and Ceasars Entertainment table rival cash bids for William Hill
US private equity outfit Apollo Global Management and Caesars Entertainment have tabled rival cash takeover offers for bookmaker William Hill.
International arbitration panel rules in favour of Vodafone in Indian tax case
An international arbitration tribunal in The Hague has handed down a sentence in favour of Vodafone in its $2bn tax claim dispute with New Delhi.
US durable goods orders fall slightly short of forecasts in August
Durable goods orders in the US came in slightly below forecasts last month, even as those for core capital goods strengthened.
MasMovil says not in talks with Vodafone - report
Spain’s MasMovil said on Friday that it had not been approached by Vodafone following a report the London-listed telephone operator had begun talks with the three buyout funds that recently took it over.
JP Morgan stays at 'neutral' on Aston Martin, waiting on incoming CEO's plans
Analysts at JP Morgan now expect the Aston Martin to burn cash at a faster rate and continue to see uncertainties regarding medium-term funding but kept their recommendation at 'hold' until the incoming chief executive officer lays out his plans to address the situation.
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. 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.