Friday, 28th November 2014

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Procter and Gamble contemplate $7bn Wella haircare business sale

Fri 28th Nov 14, 19:33:08

Procter and Gamble (P&G) are working alongside Goldman Sachs to procure a sale for its Wella hair product business, worth around $7bn, according to sources close to the matter.

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US Close: Markets up as Thanksgiving retailers rise and crude prices plummet

US stocks were up on Friday after an early Thanksgiving close while declining oil companies prompted lower crude prices. 4 hours ago

Informa chief tops up stake after Investec lowers target price

Steven Carter, the group chief executive of Informa, has significantly increased his holding in the company with the addition of 31,324 shares to his stake in the group. 3 hours ago

Europe close: Mixed finish as weak data raises hopes of further stimulus

European stocks ended the week in a mixed fashion as investors digested data out Friday morning, which raised hopes of greater stimulus from the European Central Bank (ECB). 3 hours ago

London close: Rising travel and retail stocks offset losses from energy sector

A slight recovery in oil prices wasn't enough to ease the pressure on the energy sector on Friday, though stocks in London erased losses by the end of trade as shares in the travel and retail sectors jumped. 4 hours ago

Havelock Europa warns full-year results will be "disappointing"

Havelock Europa said it expects full-year profits to fall below the group's expectations due to delayed orders during the second half. 5 hours ago

FTSE 250 movers: Oil stocks slide after OPEC decision

Oil stocks and those related to the sector tumbled following the decision by the Organization of the Petroleum Exporting Countries to maintain a steady rate of oil output, which sent the price of Brent tumbling on Thursday. 5 hours ago

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