News Page 162

gold
Gold slips as dollar gains amid talks collapse

Dow Jones – The price of gold slipped on Monday morning, as the dollar edged up against the euro after the collapse of talks in Germany to form a governing coalition.

James Hester
pipeline
Wood agrees new pipeline services contract

Oil & gas services firm John Wood Group has entered into a new “multi-million dollar” operating partner contract in the North Sea.

James Hester
FRC
FRC launches investigation into Mitie accounts

Britain’s accounting watchdog has launched a fresh investigation into Mitie’s financial statements for 2016.

David Burrows
William Hill logo
‘William Hill a higher risk stock but still a buy’

It has been a mixed response from the City to William Hill latest trading update. The bookmaker reassured investors it was on track to deliver full year expectations as revenues were boosted by online and US businesses.

David Burrows
medical
Diploma shares jump after profit rise and confident outlook

Shares in Diploma Plc, supplier of technical products and services, jumped on Monday after a strong set of full-year results which included a 19% rise in pre-tax profit

Neil Dennis
Xaar
Xaar revises down revenue forecast for second half

Xaar, the industrial inkjet technology specialist, has revised its revenue growth forecasts for the second half.

David Burrows


nex
NEX Group shares fall after first-half profit slows

Half-year results from NEX Group, the financial technology company formerly known as ICAP, failed to impress on Monday as profit fell and its operating margin narrowed, prompting the company to slash the interim dividend

Neil Dennis
Mitie
Mitie claims it is back on track after stronger half year

Mitie claims it is back on track after revealing improved numbers for the half year to end of September 2017.

David Burrows
SSE
Ofgem to investigate SSE over ‘cheapest tariff’ messaging

Ofgem has launched an investigation into SSE’s ‘cheapest tariff’ messaging in annual statements sent to its prepayment customers.

David Burrows
budget
Economic preview: Chancellor Hammond's first Autumn Budget

While it's broadly a quiet week ahead on the data front, Wednesday is one of the most important days on the UK economic calendar as Philip Hammond, Britain's new chancellor of the exchequer, delivers his first Budget speech

Neil Dennis
Photo of Carillion female workers
PM update: Carillion worry deepens, US stocks down, pound and euro up

The shares of besieged construction and services operator Carillion were down more than -37% mid-afternoon today

Adrian Holliday
Men building a house on the New Jersey shore
US housing starts rose in October

US housing starts rose last month to the highest level in a year, a sign home builders are getting back on track after hurricane activity weighed on residential construction in September.

Claire Hunte
Chairman and CEO, Goldman Sachs Lloyd Blankfein
Goldman CEO Blankfein calls for second vote on Brexit

Goldman Sachs' chief executive Lloyd Blankfein said on Thursday that many people want Britain to have a “confirming vote” on whether to leave the European Union.

Claire Hunte
bonds
Asian bonds feel pressure

Dow Jones – A trio of cancelled bond sales and weakening investor demand for emerging-market junk bonds are pointing to new strains in Asia’s credit markets, after a strong rally earlier this year.

James Hester
Stockbroker looking at live global feeds
World stocks claw back losses but set for second weekly fall

World stocks continued to claw back losses on Friday after spending much of the week in the red, boosted by signs of progress in U.S. tax reform and strong corporate results.

Claire Hunte