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Read the latest financial news and reports

Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 250 movers: 888 surges; oil stocks in the red
(Sharecast News) - London's FTSE 250 was down 0.2% at 18,375.87in afternoon trade on Monday.
US open: Dow Jones lower following five-week winning streak
(Sharecast News) - Wall Street stocks were firmly in the red early on Monday after the blue-chip Dow Jones turned in its fifth-straight winning week.
FTSE 100 movers: Rolls-Royce boosted by upgrade; miners, oil giants fall
(Sharecast News) - London's FTSE 100 was down 0.2% at 7,513.28 in afternoon trade on Monday.
US pre-open: Futures trade lower following fifth-straight winning week
(Sharecast News) - US futures were in the red ahead of the bell on Monday after the blue-chip Dow Jones turned in its fifth-straight winning week.
Europe midday: Markets flat as investors show caution ahead of US data
(Sharecast News) - European stocks were swinging between gains and losses on Monday as investor risk appetite was scaled back with markets trading at their highest in four months.
London midday: FTSE stays down as miners, energy stocks fall
(Sharecast News) - London equity markets were still in the red by midday on Monday, with miners and energy stocks weaker, as investors looked ahead to key US jobs data this week and as gold prices hit record highs.
Sunday share tips: Goodwin and Volex
(Sharecast News) - The Mail on Sunday's Midas column has recommended buying shares of UK-listed industrial firms Goodwin and Volex.
Sunday newspaper round-up: 888 Holdings, Cop28, PwC...
(Sharecast News) - The owner of betting giant William Hill was the target of a £700 million swoop by gambling tech provider Playtech, The Sunday Times can disclose. FTSE 250 company Playtech made a written indicative approach to acquire William Hill owner 888 Holdings at a price of 156p a share in July, only for it to be rejected as undervaluing the company, according to City sources. - The Sunday Times
Friday newspaper round-up: Rail disruption, gambling firms, Twitter
(Sharecast News) - Another nine days of disruption for rail passengers has begun as train drivers in the Aslef union start an overtime ban and a series of rolling strikes halting services across Britain, in a long-running dispute over pay. Drivers will be taking industrial action at train operating companies (Tocs) contracted to the Department for Transport, striking for 24 hours at each one on different dates between Saturday 2 December and Friday 8 December. The strikes will stop most or all trains at the affected operators in England and also hit some cross-border services to Scotland and Wales. - Guardian
Thursday newspaper round-up: BNPL, Saga, Farfetch
(Sharecast News) - More than a quarter of adults in the UK will use buy now, pay later to help with festive spending, research suggests, with the proportion rising to more than half of parents with young children. The survey for Citizens Advice also found 11% of respondents used such credit schemes to pay for groceries, a proportion that rose to 35% for regular BNPL users. - Guardian
Wednesday newspaper round-up: Telecoms providers, redundancy capital, Telegraph
(Sharecast News) - A Tory MP who accused the gambling regulator of being too "heavy handed" has received more than £8,000 in hospitality and payments from the betting industry this year, including tickets to see Madonna. Craig Whittaker, the MP for Calder Valley in West Yorkshire, criticised the Gambling Commission in an article for the Conservative Home website last week. - Guardian
Tuesday newspaper round-up: Shein, private rents, Volkswagen, Twitter
(Sharecast News) - Fast fashion giant Shein has reportedly lodged confidential paperwork with US securities regulators, informing them of an intention to go public in the US. The listing would likely be the largest initial public offering (IPO) in years. - Guardian
Sir Jim Ratcliffe to take £1.25bn Man United stake
(Sharecast News) - Manchester United and billionaire Sir Jim Ratcliffe are set to confirm a £1.25 billion deal next week, it was reported on Monday, with Ratcliffe set to take a 25% stake in the football club.
Roche to buy obesity drug developer Carmot for up to $3.1bn
(Sharecast News) - Roche has agreed to buy obesity drug developer Carmot, a privately-owned US company based in California, for up to $3.1bn.
Foxconn halts production of Apple iPhones at south Indian facility - report
(Sharecast News) - Taiwan's Foxconn has reportedly halted production of Apple iPhones at its facility near the south Indian city of Chennai due to heavy rains.
Thor Energy reports solid Colorado drilling results
(Sharecast News) - Thor Energy announced the successful completion of its reverse circulation drilling programme on Monday, revealing promising downhole uranium gamma results at the Wedding Bell and Radium Mountain Projects in the Uravan Mineral Belt of southwest Colorado.
Deltex Medical trading well, announces board changes
(Sharecast News) - Deltex Medical updated the market on its commercial progress on Monday and on recent changes to its board, including the appointment of a new non-executive director.
Fusion Antibodies revenue falls, losses widen in first half
(Sharecast News) - Contract research organisation Fusion Antibodies reported first-half revenue of £0.54m on Monday, down from £1.9m a year earlier.
JLEN Environmental acquires remaining 30% stake in Bio Collectors
(Sharecast News) - Environmental infrastructure fund JLEN Environmental Assets Group now owns 100% of Bio Collectors Holdings after snapping up the remaining 30% stake in the company for £8.0m.
James Halstead delivers 'improved' YTD output and profits
(Sharecast News) - Commercial floor coverings group James Halstead said on Friday that it had experienced "improved output and profits" year-to-date.
Ethernity Networks shares bounce 200% after contract win
(Sharecast News) - The share price for AIM-listed Ethernity Networks trebled on Wednesday after the Israel-based semiconductor group won a "significant" contract worth $800,000.
Verditek in discussions to raise urgent cash, shares plummet
(Sharecast News) - AIM-listed Verditek saw shares plummet on Wednesday after the solar panel group said it was exploring a number of urgent financing options as it is running out of money.
Xaar warns of 'challenging' H2 trading conditions
(Sharecast News) - Industrial inkjet printheads supplier Xaar warned of "challenging" second-half trading conditions on Wednesday, with full-year revenues seen lower year-on-year.
Enquest continues to deliver 'good production performance'
(Sharecast News) - Exploration and production company Enquest said on Tuesday that it has continued to deliver a "good production performance" from its operated assets.

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Sir Jim Ratcliffe to take £1.25bn Man United stake
(Sharecast News) - Manchester United and billionaire Sir Jim Ratcliffe are set to confirm a £1.25 billion deal next week, it was reported on Monday, with Ratcliffe set to take a 25% stake in the football club.
Roche to buy obesity drug developer Carmot for up to $3.1bn
(Sharecast News) - Roche has agreed to buy obesity drug developer Carmot, a privately-owned US company based in California, for up to $3.1bn.
Foxconn halts production of Apple iPhones at south Indian facility - report
(Sharecast News) - Taiwan's Foxconn has reportedly halted production of Apple iPhones at its facility near the south Indian city of Chennai due to heavy rains.
Thor Energy reports solid Colorado drilling results
(Sharecast News) - Thor Energy announced the successful completion of its reverse circulation drilling programme on Monday, revealing promising downhole uranium gamma results at the Wedding Bell and Radium Mountain Projects in the Uravan Mineral Belt of southwest Colorado.
Deltex Medical trading well, announces board changes
(Sharecast News) - Deltex Medical updated the market on its commercial progress on Monday and on recent changes to its board, including the appointment of a new non-executive director.
Fusion Antibodies revenue falls, losses widen in first half
(Sharecast News) - Contract research organisation Fusion Antibodies reported first-half revenue of £0.54m on Monday, down from £1.9m a year earlier.
Sunday share tips: Goodwin and Volex
(Sharecast News) - The Mail on Sunday's Midas column has recommended buying shares of UK-listed industrial firms Goodwin and Volex.
Sunday newspaper round-up: 888 Holdings, Cop28, PwC...
(Sharecast News) - The owner of betting giant William Hill was the target of a £700 million swoop by gambling tech provider Playtech, The Sunday Times can disclose. FTSE 250 company Playtech made a written indicative approach to acquire William Hill owner 888 Holdings at a price of 156p a share in July, only for it to be rejected as undervaluing the company, according to City sources. - The Sunday Times
Friday newspaper round-up: Rail disruption, gambling firms, Twitter
(Sharecast News) - Another nine days of disruption for rail passengers has begun as train drivers in the Aslef union start an overtime ban and a series of rolling strikes halting services across Britain, in a long-running dispute over pay. Drivers will be taking industrial action at train operating companies (Tocs) contracted to the Department for Transport, striking for 24 hours at each one on different dates between Saturday 2 December and Friday 8 December. The strikes will stop most or all trains at the affected operators in England and also hit some cross-border services to Scotland and Wales. - Guardian
Thursday newspaper round-up: BNPL, Saga, Farfetch
(Sharecast News) - More than a quarter of adults in the UK will use buy now, pay later to help with festive spending, research suggests, with the proportion rising to more than half of parents with young children. The survey for Citizens Advice also found 11% of respondents used such credit schemes to pay for groceries, a proportion that rose to 35% for regular BNPL users. - Guardian
Wednesday newspaper round-up: Telecoms providers, redundancy capital, Telegraph
(Sharecast News) - A Tory MP who accused the gambling regulator of being too "heavy handed" has received more than £8,000 in hospitality and payments from the betting industry this year, including tickets to see Madonna. Craig Whittaker, the MP for Calder Valley in West Yorkshire, criticised the Gambling Commission in an article for the Conservative Home website last week. - Guardian
Tuesday newspaper round-up: Shein, private rents, Volkswagen, Twitter
(Sharecast News) - Fast fashion giant Shein has reportedly lodged confidential paperwork with US securities regulators, informing them of an intention to go public in the US. The listing would likely be the largest initial public offering (IPO) in years. - Guardian
Broker tips: Future, NatWest
(Sharecast News) - Canaccord Genuity has cut its recommendation for Future from 'hold' to 'sell' ahead of the specialist media group's annual results next week, saying it sees downside risk to market forecasts.
Broker tips: Anglo American, Direct Line, Aviva, Arrow Exploration
(Sharecast News) - Analysts at Berenberg lowered their target price on precious metals miner Anglo American from 2,500.0p to 2,200.0p on Wednesday ahead of the group's 8 December update.
Broker tips: M&G, B&M, Frasers Group, Frontier Developments
(Sharecast News) - Analysts at Goldman Sachs initiated coverage on investment manager M&G with a 'buy' rating and 240.0p target price on Tuesday, stating it had "attractive growth, capital returns, and valuation".
Broker tips: Entain, Rightmove, Celebrus Technologies
(Sharecast News) - Goldman Sachs double downgraded its stance on Ladbrokes and Coral owner Entain to 'sell' from 'buy' on Monday and slashed its price target on the stock to 820.0p from 1,450.0p, stating it now believes the inflection of fundamentals will take longer to come through, leading it to cut its estimates for FY24/25 earnings per share by around 30%.
Broker tips: Sage, Breedon
(Sharecast News) - Analyst at Canaccord Genuity downgraded software and services firm Sage from 'hold' to 'sell' on Friday, stating the recent share price reaction to its "in-line" set of full-year results and guidance had presented a "compelling" opportunity to take profit.
Broker tips: Sage, Cranswick, BAE Systems
(Sharecast News) - Bank of America has lifted its target price for business software group Sage, saying the company is "ticking all the boxes" with its solid top-line growth, margin expansion and a new share buyback.
Director dealings: Gelion founder ups stake
(Sharecast News) - Gelion revealed on Friday that non-executive director Thomas Maschmeyer had acquired 565,500 ordinary shares in the AIM-listed battery group.
Director dealings: Mercia Asset Management CFO raises stake
(Sharecast News) - Mercia Asset Management revealed on Thursday that chief financial officer Martin Glanfield had acquired 145,829 ordinary shares in the AIM-listed asset manager.
Director dealings: DSW CEO raises stake
(Sharecast News) - DSW Capital revealed on Wednesday that chief executive James Dow had acquired 148,000 ordinary shares in the London-listed professional services network operator.
Director dealings: Bytes Technology CEO makes share purchase
(Sharecast News) - Bytes Technology revealed on Tuesday that chief executive Neil Murphy had acquired 54,000 ordinary shares in the FTSE 250-listed computer software firm.
Director dealings: Ascential CEO makes share sale
(Sharecast News) - Ascential revealed on Monday that chief executive Duncan Painter had sold 300,000 ordinary shares in the FTSE 250-listed business-to-business media firm.
Director dealings: i3 Energy CEO ups stake
(Sharecast News) - i3 Energy revealed on Friday that chief executive Majid Shafiq had acquired 337,291 ordinary shares in the AIM-listed oil and gas company.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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