FTSE 100 Little Changed In Cautious Trade
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks were little changed on Friday as investors fretted over coronavirus lockdowns and rising bond yields.
Signs of a slowing housing market also weighed on markets. U.K. house prices fell 0.3 percent in January from a month earlier as the market appeared to lose momentum following a stimulus-fueled surge last year, mortgage lender Halifax said today.
The benchmark FTSE 100 was marginally higher at 6,509 after closing 0.1 percent lower on Thursday.
Beazley shares soared 13 percent. After plunging to an annual loss, the insurance company said it was confident of returning to profit in 2021.
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks advanced on Friday, with upbeat U.S. economic data released overnight and the prospect of further fiscal stimulus helping underpin sentiment.
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(Reuters) - Blackstone won over Signature Aviation’s biggest shareholder Bill Gates for a possible $4.3 billion bid for the British private jet servicing company, going head-to-head with another potential suitor Carlyle.
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid
Blackstone’s agreement with Gates’ Cascade Investment Llc for its planned offer announced on Friday comes just hours after Signature confirmed an initial takeover approach from Carlyle.
Blackstone and Cascade, which already owns a 19% stake in London-based Signature, are in advanced talks with the company about their proposal that involves a cash offer of 3.81 pounds per share, they said in a joint statement.
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The first JW Marriott in the Bay Area will open Monday in downtown Tampa, and along with Marriott Water Street next door, will become the NFL headquarters for Super Bowl 55 in February. So the NFL, we have roughly a 1,000 room commitment across the properties, General Manager Ron McAnaugh revealed. There s lots of demand for the remaining 245 [rooms].
The JW Marriott Tampa has already become the headquarters for the NBA s Toronto Raptors, who ve set up two full-size basketball courts in the luxury hotel s 30,000 square foot ballroom. The Raptors are scheduled to play in Tampa through March 4, the first half of the season, due to COVID-19 travel restrictions between Canada and the United States.