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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.

Europe close: Stoxx 600 hits one-month low after Israeli airstrikes on Iran
(Sharecast News) - European stocks dropped to their lowest levels in a month on Friday as an escalation of tensions in the Middle East hammered risk appetite and prompted a massive jump in oil prices.
London close: Stocks weaker on rising Middle East tensions
(Sharecast News) - London equities closed in the red on Friday, as investors reacted to heightened geopolitical tensions following Israeli strikes on Iranian nuclear facilities.
Broker tips: Gamma Communications, Hostelworld
(Sharecast News) - Analysts at Berenberg lowered their target price on communication services and solutions provider Gamma Communications from 2,000.0p to 1,570.0p on Friday as it said macro pressures on UK SMEs had forced it to lower forecasts.
Director dealings: Foresight Solar Fund chairman designate snaps up shares
(Sharecast News) - Foresight Solar Fund revealed on Friday that chairman-designate Tony Roper had acquired 40,000 ordinary shares in the London-listed investment trust.
FTSE 250 movers: Energy stocks gain; Energean in the red
(Sharecast News) - London's FTSE 250 was down 1.1% at 21,143.14 in afternoon trade on Friday.
FTSE 100 movers: Defence firms rally, airlines hit amid MidEast tensions
(Sharecast News) - London's FTSE 100 was down 0.5% at 8,844.27 in afternoon trade on Friday.
Big Technologies firmly rejects claims made by ex-CEO
(Sharecast News) - Big Technologies published a letter to shareholders on Friday, firmly rejecting allegations made by former chief executive officer Sara Murray in correspondence sent to certain investors earlier in the week.
Transfer of Sanlam UK to Ninety One set to complete
(Sharecast News) - Ninety One confirmed on Friday that the UK component of its strategic asset management partnership with Sanlam was set to complete on Monday 16 June.
Artemis UK Future Leaders engages with shareholders over board composition
(Sharecast News) - Artemis UK Future Leaders acknowledged shareholder concerns in a statement on Friday, after more than 21% of votes were cast against the re-election of Bridget Guerin at its annual general meeting on 5 June.
Primary Health Properties defends its Assura bid over Sana offer
(Sharecast News) - Primary Health Properties defended its £1.2bn offer for Assura on Friday, reiterating that the proposed all-share and cash deal offered strategic and financial benefits, as it urged Assura shareholders not to accept a rival bid from private equity-backed Sana Bidco.
AstraZeneca launches strategic research collaboration with China's CSPC Pharmaceuticals
(Sharecast News) - Drugmaker AstraZeneca revealed on Friday that it has entered a strategic research collaboration with Chinese firm CSPC Pharmaceuticals Group.
Shore Capital sees major upside at Hostelworld
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for Hostelworld, hailing the group's social network-led transformation and recent investments to drive long-term growth.
Tullow Oil enters MOU to extend Ghanaian licences
(Sharecast News) - Exploration firm Tullow Oil revealed on Wednesday that it had entered into a Memorandum of Understanding to extend the West Cape Three Points and Deep Water Tano licences to 2040.
CAB Payments receives approval to operate representative office in New York
(Sharecast News) - Payment processing and FX business CAB Payments said on Wednesday that its Crown Agents Bank subsidiary has received approvals from the Board of Governors of the Federal Reserve System and the New York State Department of Financial Services to operate a representative office in New York.
MJ Gleeson operating profits seen lower
(Sharecast News) - Housebuilding company MJ Gleeson warned on Tuesday that the pace of the housing market recovery has not been sufficient to offset the cumulative impact of "a number of headwinds" to gross margins, weighing on FY operating profits.
Kier Group continues to trade in line with management expectations
(Sharecast News) - Construction and property firm Kier Group said on Tuesday that it had continued to trade well and in line with internal expectations in the period ended 30 April.
Pandox and Eiendomsspar submit possible offer for Dalata Hotel Group
(Sharecast News) - Shares in Irish hotels operator Dalata Hotel Group were up double digits in early trading after a consortium including hotel property company Pandox submitted a possible offer for the firm.
Jet2 launches £250m share buyback, delivers solid Q1 trading performance
(Sharecast News) - Leisure travel group Jet2 announced a £250.0m share buyback on Tuesday as it outlined a solid FY25 trading performance despite uncertainty across the wider travel sector.

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Sector movers: Precious metals miners dip ahead of Fed decision
(Sharecast News) - Stocks fell in the middle of the week with investors opting to sit on their hands ahead of the US central bank's interest rate decision scheduled for later.
Sector movers: Autos, Big Oil drop as Brent futures and US Treasury yields slide
(Sharecast News) - Stocks on the FTSE 350 slumped on Tuesday led by declines in cyclical areas of the market such as Autos and Banks.
Sector movers: Investors seek out high dividend names
(Sharecast News) - Utilities paced gains on the FTSE 350 on Thursday as investors added to their positions in interest rate sensitive names in a bid to lock in current dividend yields.
Sector movers: China and US growth concerns weigh on commodity plays
(Sharecast News) - Stocks in the UK ended the session clearly in the red amid growth concerns in China and the US, which resulted in broad-based losses in the commodities space.
Sector movers: Defence shares drag on market amid investor caution
(Sharecast News) - The FTSE 350 started the month of September on a down note with Defence issues weakest as analysts acted on the sector's lofty valuation.
Sector movers: Cyclicals to the fore as Fed chief adopts forceful tone
(Sharecast News) - Cyclicals paced gains at the end of the week after Federal Reserve chief, Jerome Powell, confirmed that investors could expect a first interest rate cut for this cycle when rate-setters in the US next met.
Director dealings: Calnex Solutions director snaps up shares
(Sharecast News) - Calnex Solutions revealed on Tuesday that non-executive director Graeme Bissett had acquired 37,034 ordinary shares in the AIM-listed test and measurement equipment provider.
Director dealings: Mitie chair-elect snaps up shares
(Sharecast News) - Mitie Group revealed on Monday that chairman-elect Christopher Rogers had acquired 144,000 ordinary shares in the FTSE 250-listed strategic outsourcing and energy services firm.
Director dealings: Insig AI CEO raises stake
(Sharecast News) - Insig AI revaled on Friday that chief executive Richard Bernstein had acquired 125,000 ordinary shares in the AIM-listed data science and machine learning solutions company.
Director dealings: Playtech chairman snaps up shares
(Sharecast News) - Playtech revealed on Thursday that non-executive chairman John Gleasure had acquired 95,000 ordinary shares in the FTSE 250-listed gambling software firm.
Director dealings: Coats Group CEO raises stake
(Sharecast News) - Coats Group revealed on Wednesday that chief executive David Paja had acquired 150,000 ordinary shares in the FTSE 250-listed value-added products group.
Director dealings: Howden Joinery CFO makes share purchase
(Sharecast News) - Howden Joinery Group revealed on Tuesday that chief financial officer Jackie Callaway had acquired 28,916 ordinary shares in the FTSE 100-listed kitchen and joinery supplier.

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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