Market Pulse
Commodities: WTI futures higher, Saudi Aramco IPO a 'talking point' in markets
Upon first glance, the commodity patch was quiescent at the end of the week, but a deeper dive revealed quite a bit more.
Sharp increases in US factory and mining output drive industrial production higher in February
US industrial output jumped past forecasts last month driven by a sharp increase in factory and mining output.
London close: Financials lead the way as Berkeley rant misfires
London stocks finished the week with a second step higher, as financials and miners rose again to offset caution hitting the housebuilding and retail sectors.
Europe close: Stocks track gains on Wall Street amid 'dovish' ECB-speak
Stocks on the Continent finished higher, as trading on Wall Street got off to a positive start on the back of multiple strong updates on the US economy and a dip in the euro alongside some downwardly revised Eurozone CPI data and some 'dovish' ECB-talk.
Zscaler shares soar in Nasdaq trading debut
Shares in Silicon Valley tech unicorn Zscaler, which sells cloud security software that allows IT departments to monitor all traffic on corporate networks at the same time as shielding it, surged in their trading debut on Friday morning, after the firm priced its IPO late on Thursday at $16, above its already elevated range.
Broker tips: Greene King, Greencore Group, NEX Group
Analysts at Morgan Stanley took a look at pub group Greene King on Friday, saying the firm's decision to support its dividend meant it was time to "Greene light" an upgrade for the brewer and landlord's shares.
Tiffany's 2018 guidance takes shine off fourth quarter quarterly results
Tiffany&Co. beat analysts' expectations for its fiscal fourth quarter but its guidance for the year ahead fell short, sending its shares duly lower.
Market buzz: Tullow increases debt fundraise, and what's NEX worth?
1701: Tullow Oil has increased its bond offer to $880m from $650m. It's raising cash from debt by issuing senior debt notes offering 7%, due 2025 at par.
FTSE 100 movers: EasyJet flies on technical flag, Berkeley rant misfires
London's FTSE 100 was lifted by financials and commodity stocks on Friday, with the index up 0. 62% to 7,183. 99.
US open: Wall Street unmoved by McMaster rumours
Trading on Wall Street kicked off on a positive note, with the main indices shaking off some of yesterday's weakness despite sentiment suffering earlier in the day from talk of yet another White House departure and after the Trump organisation was hit with a subpoenae by Special Counsel Mueller as part of his investigation into alleged Russian links.
Director dealings: Close Brothers CEO collects £3.63m in Friday share sale
Preben Prebensen, chief executive of merchant banking firm Close Brothers Group, disposed of a total of 240,000 ordinary shares in the firm on Friday, collecting more than £3. 5m in the process.
White House denies rumours of McMaster's impending exit
Rumours about the imminent departure of national security advisor McMaster from the White House have been denied by press secretary Sarah Huckabee Sanders, who said McMaster and the president have a good relationship.
New US legislation to accelerate Thor Mining's tungsten project
Thor Mining lauded the passing of new legislation by the United States’ Natural Resources Committee which will aid its Pilot Mountain Project, the company said on Friday.
ECB's Praet says debate on higher euro area growth potential now open
The need for monetary policy in the euro area to be tightened may be less than had been thought as the bloc's if the bloc's potential rate of growth is improving, a top European Central Bank official said.
Morgan Stanley gives Greene King the 'Greene light'
Analysts at Morgan Stanley took a look at pub group Greene King on Friday, saying the firm's decision to support its dividend meant it was time to "Greene light" an upgrade for the brewer and landlord's shares.
Veltyco acquisition of RULEO Alpenland delayed
Veltyco updated the market on the potential acquisition of RULEO Alpenland on Friday, saying that while due diligence work and formal documentation was at an advanced stage, it was not yet completed.
Landore Resources raises £3.15m in big share issue
Landore Resources announced on Friday that it has raised gross proceeds of £3. 15m through a placing and subscription of 210 million new ordinary shares, at a price of 1. 5p each, with new and existing institutional investors.
US consumer confidence at 2004 high in March but details weaker, UofM says
US consumer confidence moved higher still in March, hitting a 14-year high, but the details of the report appeared to point towards softness in consumption to extend into the second quarter, alongside higher inflation expectations.
Berenberg sees potential in 'priced for a disaster' Greencore
Analysts at Berenberg took a fresh look at Irish convenience food firm Greencore Group after its recent profit warning.
Emerging markets to offer better consumer growth for 'decades more'
Emerging markets still offer much better potential from consumer growth than developed markets, says Credit Suisse, suggesting a range of countries and stocks for investors to back.