Market Report
12 Mar
ep un avioncombate eurofighter typhoon
BAE Systems shares rise on news of possible Saudi Typhoon purchase

The Kingdom of Saudi Arabia moved a step closer to ordering another batch of Eurofighter Typhoon aircraft on Friday.

09 Mar
BP oil rig offshore Azerbaijan; oil & gas
Sector movers: Oilers, miners ride gains in underlying futures higher

Oilers and Miners paced gains at the end of the week as a solid US jobs report for the month of February stoked buying interest in copper and oil futures.

09 Mar
posibilidades de destinar 500 euros
Europe close: Stocks mostly higher after latest US jobs report

Stocks finished off their lows of the session, helped by a strong US jobs report for February and news of a possible thawing in relations between the US and North Korea.

09 Mar
Results round-up

Engineered and power transmission products delivery group Renold warned of the impact that increased raw materials prices were having on its operating margins on Thursday, saying that its chain division, in particular, had suffered significant headwinds as a result.

09 Mar
esure
Broker tips:Pennon, Severn Trent, Acacia Mining, Severn Trent

Analysts at JP Morgan upgraded their recommendations for Pennon and Severn Trent, arguing that concerns about regulatory risk, rising government bond yields and possible nationalisation by a Labour government had pushed the shares to "unusually low" levels.

09 Mar
corea del norte bomba de hidrogeno
London close: Korean breakthrough, US jobs data buoy shares

Shares finished at their best level of the session, amid optimism around the situation on the Korean peninsula, and after a bumper US non-farm payrolls report for February boosted copper and oil futures which in turn lifted shares of miners and oilers.

09 Mar
ep un avioncombate eurofighter typhoon
Market buzz: Saudi agrees Eurofighter Typhoon deal, US jobs surge but wages slip

1655: Reports emerging from the US that Goldman Sachs CEO Lloyd Blankfein will retire by the year end. Elsewhere, US markets have sprinted higher in the wake of an NFP report that may be justifiably described as a ‘Goldilocks’ update, one that harks back to the easy days of 2017, says analyst Chris Beauchamp at IG. "Fears of the Fed moving into higher gear with tightening have receded this afternoon, capping gains in the dollar and causing stocks to rocket.

09 Mar
property, housing, real estate, house prices
Alpha Pyrenees shares dive as no prospect for cash returns

Property investment company Alpha Pyrenees saw its share price tumble on Friday after the Guernsey-based group reported a pre-tax loss from its few remaining properties and nixed the potential for any cash return to shareholders.

09 Mar
philip hammond, chancellor
Week ahead: Hammond unlikely to spring surprises; results from Prudential, Balfour Beatty

Chancellor Philip Hammond will deliver the spring statement on Tuesday, while the UK company diary is still fairly bustling, with updates from the likes of Balfour Beatty, Morrisons, Prudential, JD Wetherspoon and troubled Interserve.

09 Mar
cbfacebook34
Facebook takes aim at YouTube, inks licensing agreement with Warner Music

Shortly after having sealed a deal with independent label representative ICE, social media behemoth Facebook inked a licensing agreement with Warner Music Group on Friday as it looked to continue its expansion into the world of music, pitting itself directly against YouTube.

09 Mar
handshake-deal
Director dealings: Conviviality directors up stakes after profit warning

Mark Moran, chief financial officer of alcohol wholesaler Conviviality, acquired 120,000 ordinary shares in the Cheshire-based firm on Friday.

09 Mar
Wall street america US USA signs
US open: Stocks start higher after bumper February jobs report

Wall Street opened in the green on Friday, after the latest non-farm payrolls report showed that the US added more jobs in February than it had in the last 18 months.

09 Mar
water cleaning plant
FTSE 100 movers: Severn Trent boosted by upgrade, Aviva recovers

London's FTSE 100 was up 0. 1% to 7,212. 02 in afternoon trade on Friday after the US non-farm payrolls report showed more jobs than expected were added in February, while wage growth slowed more than forecast.

09 Mar
gkn, engineer
GKN to combine Driveline division with Dana in $6.1bn deal

GKN has agreed to combine its automotive business, Driveline, with US-based Dana in a deal valued at around $6. 1bn, as it looks to fend off a £7. 4bn hostile bid from turnaround specialist Melrose Industries.

09 Mar
factory, GKN, industrial, engineer
Melrose Industries extends deadline for GKN offer

Turnaround specialist Melrose Industries said on Friday that the deadline for its £7. 4bn hostile offer for engineer GKN has been extended until 29 March.

09 Mar
pennon viridor waste recycling
JP Morgan upgrades Pennon and Severn Trent after they reach unusually low levels

Analysts at JP Morgan upgraded their recommendations for Pennon and Severn Trent, arguing that concerns about regulatory risk, rising government bond yields and possible nationalisation by a Labour government had pushed the shares to "unusually low" levels.

09 Mar
Connemara prepares for drilling to recommence at Stonepark

Irish exploration and development company Connemara Mining has been gearing up to restart drilling at the Stonepark zinc project in Limerick, its joint venture with Group Eleven Resources.

09 Mar
focusrite
Focusrite revenues up on the back of strong holiday trading

Music and audio products company Focusrite witnessed revenue, profits and cash grow across a wide range of product groups and regions in the first half of its current trading year.

09 Mar
London
FTSE 250 movers: AA motors on as Inmarsat slips out of orbit

The market was flat on Friday ahead of US data, but there was still enough corporate news among FTSE 250 stocks for investors to pick over,.

09 Mar
cbfederalreserve short
US non-farm payolls rise by 313,000 in February, wages dip

Job growth in the States picked-up to its strongest pace since mid-2016 last month, helped by sharp increases in construction and government hiring, but wage growth fell short of economists' forecasts.