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IAG sees strong summer demand as Q1 profits take off
British Airways owner IAG said it was "well positioned" for the summer after posting a huge rise in first quarter profit on the back of strong leisure travel demand, especially over the Easter holidays.
Artemis raises AUD 2.9m to fund further exploration
Artemis Resources announced on Friday that it has successfully secured firm commitments for a capital raising of AUD 2. 87m (£1. 51m), priced at AUD 0. 01275 per share, with significant support reported from both sophisticated and institutional investors.
London midday: Stocks extend gains as miners rally; GDP in focus
London stocks had extended gains by midday on Friday, with miners pacing the advance, as data showed the UK is no longer in recession.
Europe midday: Stoxx scales new heights as UK GDP growth lifts sentiment
European shares hit fresh record highs on Friday as news that the UK had officially exited recession in the first quarter boosted sentiment.
Berenberg hikes target price on John Wood
Analysts at Berenberg raised their target price on engineering and consulting business John Wood Group from 150. 0p to 220. 0p on Friday following the group's first-quarter trading statement that came hot on the heels of news that it had rejected a takeover bid at 205. 0p per share.
Polarean shares jump on MRI system order
Advanced MRI technology specialist Polarean Imaging shares were surging on Friday, after receiving its second de novo order for a new Xenon MRI System from the University of Alabama at Birmingham (UAB) Hospital.
Ascent upbeat on progress as Lisbon Valley gas and helium investment
Ascent Resources updated the market on operations in its investment into GNG Partners, the owner of the 60 million standard cubic feet Lisbon Valley gas and helium processing plant in Utah, on Friday.
Jefferies upgrades GCP Infrastructure Investments to 'buy'
Infrastructure investment firm GCP was performing well on Friday after analysts at Jefferies upgraded their rating on the stock from 'hold' to 'buy' following the recent disposal of the Blackcraig Wind Farm.
FRC makes final decisions in KPMG's Carillion audit failures
The Financial Reporting Council (FRC) announced historic penalties against KPMG and two former partners on Friday, in its final decision round audit failures linked to the collapsed Carillion.
NextEnergy Solar extends £70m Santander credit facility
NextEnergy Solar Fund announced the extension of its existing £70m short-term revolving credit facility (RCF) with Santander on Friday.
Ultimate Products warns of continued trading weakness
Ultimate Products reported further weakness in third-quarter trading on Friday, as consumer demand reportedly remained weak.
88 Energy announces 2D seismic contract in Namibia
88 Energy announced the awarding of a contract for a 2D seismic acquisition programme for its PEL 93 licence in Namibia on Friday.
Asia report: Markets follow Wall Street higher
Hong Kong spearheaded a jump in Asia-Pacific stocks on Friday, riding the coattails of positive momentum from Wall Street.
Dekel reports solid year-to-date palm oil production
Dekel Agri-Vision reported a solid set of production numbers for April at its Ayenouan palm oil project in Côte d'Ivoire on Friday.
Celadon Pharmaceuticals raises £2.1m for working capital
Medical cannabis specialist Celadon Pharmaceuticals announced on Friday that it has raised £2. 1m to provide it with additional working capital.
TT Electronics reiterates FY outlook, YTD revenues down 2%
Electronic components TT Electronics reiterated its full-year outlook on Friday despite "continuing global macroeconomic uncertainty".
S4 Capital reports weaker first quarter, as expected
Digital advertising and marketing services company S4 Capital reported a decline in net revenue in its first quarter on Friday, which it put down to ongoing client caution and a decrease in activity within its technology services segment.
Mothercare shares slide as group enters refinancing negotiations
Retailer Mothercare shares nosedived in early trading as the group revealed it had entered refinancing negotiations as demand for its products continued to be subdued.
Cairn Homes maintains guidance as demand stays strong
Irish homebuilder Cairn Homes has reiterated its full-year guidance after a strong start to the year, saying demand for new homes remains "exceptionally high", as it reported a forward order book of more than €1bn.
C&C backs guidance as it delays FY results
Bulmers, Magners and Tennent’s owner C&C Group reaffirmed its annual guidance on Friday as it said full-year results will be delayed as additional time is needed to complete a review of certain non-cash accounting measurements relating to previous financial periods.