AstraZeneca: Jefferies reiterates Buy with a target price of 5250p.
Shares in Brave Bison fell after the online video and marketing firm warned that revenue in 2017 will be “substantially lower” than 2016 due to two material contract losses at the end of last year and the potential discontinuation of certain low margin business.
Herencia Resources confirmed on Friday that, following “prudent cash management” and an ongoing working understanding with creditors, it believes its working capital position remains satisfactory until the end of February.
Cambria Africa confirmed the result of its open offer and the conversion of VAL's loan into Cambria ordinary shares on Friday, having initially announcing the offer to qualifying shareholders on 28 November in a bid to raise up to £1. 25m.
Asa Resource Group posted an update on operations and exploration activity for the quarter to 31 December on Friday, with old production and sales 3% lower at Zimbabwe’s Freda Rebecca Gold Mine, at 15,365oz.
JPMorgan Cazenove upgraded paper and packaging company Mondi to ‘overweight’ from ‘neutral’ and lifted the price target to 2,070p from 1,600p.
Landore Resources posted the maiden mineral resource estimate and report for the BAM East Gold Deposit on its Junior Lake Property, Ontario, Canada on Friday.
Printed circuit board laminate and LED solutions supplier Holders Technology announced its audited results for the year ended 30 November on Friday, saying both its PCB and LED segments achieved modest revenue growth in the year, with margins maintained.
Most Asian markets finished lower on Friday, with Samsung Group at the fore of traders’ minds in the region as its chief was arrested over his alleged role in the cash-for-influence corruption scandal surrounding impeached President Park Geun-hye.
European stocks were in the red on Friday, struggling for direction after US markets came off their highs in the previous session.
London stocks nudged higher, while the pound lost ground against the dollar after data showed UK retail sales fell again in January.
The de-facto head of South Korean electronics firm Samsung has been arrested on charges of bribery related to the ongoing corruption scandal in the country.
Thor Mining has completed the sale of its Australian gold project to miner PC Gold in order to start drill programmes at other projects.
African agricultural company Agriterra announced its results for the six months to 30 November 2016 on Friday, with revenue from continuing operations falling to $8. 1m from $9. 4m year-on-year.
Analysts at UBS slashed their target price on stock of Inmarsat on expectations the company would stop increasing its dividend payout.
Retail sales in the UK unexpectedly fell in January, according to the latest figures from the Office for National Statistics, a sign that consumers are beginning to feel the squeeze amid a rise in inflation.
US futures pointed to a slightly weaker open on Friday after Wall Street’s seven-day winning streak came to an end in the previous session, with investors likely to be winding down ahead of the long weekend.
Construction output in the eurozone fell 0. 2% on the month in December compared to a 0. 4% jump in November, according to figures released by Eurostat on Friday.
AIM-listed Jersey Oil & Gas expects that its rig in the North Sea will start drilling a well in the summer.
Miner European Metals found that there is a “substantial” increase in indicated resource at its lithium and tin project in the Czech Republic, following a seven month drilling programme.