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Europe midday: Stocks come off lows
Stocks are extending their steep declines from the previous session but have come off their lows of the session as some analysts argue that the immediate escalation in global trade tensions has not been as bad as feared.
Europe open: Steep declines for stocks, focus on trade tariffs and White House
Stocks are extending their steep declines from the previous session as traders monitor a cascade of news on the heightening trade tensions between the US and China and the White House's decision to name a controversial foreign-affairs specialist to the post of national security adviser, in replacement for HR McMaster.
Sprue Aegis shares fall 28% as distribution termination heats up
Shares in home safety product manufacturer Sprue Aegis plummeted by almost 30% on Friday as the company’s distribution agreement with Newell Brands has soured.
Friday broker round-up
Mitie Group: Barclays upgrades to overweight with a target price of 180p.
US new home sales dipped in February
New home sales in America dipped last month, amid softness in the Midwest and West of the country.
US durable goods orders continue rising in February, Commerce says
Orders for goods made to last more than three years, a key indicator of trends in business investment, jumped past forecasts last month amid increased demand for transport equipment, including for civilian and military aircraft.
Barclays ups Mitie to 'overweight' on cost cutting plans
Analysts at Barclays highlighted Mitie's current strategy as being a "good fit" for shifts in the facilities management market and upgraded the shares to 'overweight' from 'underweight'.
Henry Boot FY profit up, hails good start to 2018
Construction and property development business Henry Boot posted a rise in full-year profit on Friday as revenue increased and it hailed a good start to 2018.
Serabi Gold shines as shares leap 30% following Greenstone's Investment
Gold exploration and production company Serabi Gold saw its shares leap by over 30% on Friday as news surfaced of a $15m investment from a private equity firm.
Crawshaw top two hand in their cleavers
Crawshaw Group's chief executive and finance director have resigned from the value butcher, which revealed trading has been challenging in the first few weeks of its new financial year.
Harvest Minerals narrows losses as Arapua project records first revenue
AIM-listed fertiliser producer Harvest Minerals narrowed pre-tax losses in the first half of its trading year, after recording first revenue from its Arapua multi-nutrient direct project and taking several steps to reduce costs.
SDX Energy posts stellar set of full-year figures
SDX Energy issued its year-end financial results for the 12 months to 31 December on Friday, withy revenue surging to $39. 2m from £12. 9m in 2016.
PipeHawk revenue falls during 'most peculiar' six months
PipeHawk posted its unaudited results for the six months ended 31 December on Friday, with revenue falling to £2. 31m from £3m in the same period last year.
Flowtech Fluidpower chairman wins AIM non-executive accolade
Flowtech Fluidpower announced on Friday that its non-executive director and chairman Malcolm Diamond has been recognised at the 2018 Non-Executive Director Awards, winning the award in the FTSE AIM category.
Grafenia upbeat on strategy despite ongoing headwinds
Graphic arts systems company Grafenia updated the market on its trading on Friday, reporting that since its last update, trading had been mixed.
ImmuPharma anticipating latest Lupuzor test results in April
Specialist drug discovery and development company ImmuPharma announced on Friday that it has been informed by Simbec-Orion, the contract research organisation conducting its ‘Lupuzor’ pivotal Phase III trial study, that 'database lock' was expected on 6 April, with top line results announced by mid-April.
Joint venture discussions still ongoing at i3 Energy
Independent oil and gas company i3 Energy updated the market on its funding progress on Friday, following its announcement on 31 January that joint venture discussions were at an “advanced stage” with multiple industrial partners.
Asia report: Markets join global slump amid trade war fears
Markets in Asia joined the global slump on Friday, following steep declines in US and European stocks overnight, as fears of a trade war took hold once again.
US pre-open: Stocks seen weaker again amid trade war fears
US stocks looked set for mild losses at the open on Friday following a heavy selloff in the previous session, as China promised immediate retaliation to the import tariffs levied by US President Donald Trump.
Beowulf wraps up drilling at Finnish asset
Mineral exploration and development company Beowulf Mining has completed ten holes and 1,577. 6 metres of diamond drilling at its Aitolampi graphite project in Finland, with a maiden resource estimate set to follow after the receipt of the drilling programme's assay results.