The team discuss turnaround stories, including Diageo and the advertising agencies; M&A, including the latest bid for Genel Energy; and what's been happening in the world of investment trusts, including Allianz Technology and Seraphim. There's an in-depth look at the maiden results from Space Exploration Technologies - better known as SpaceX - and a look ahead to results next week from SoreWeave and Tapestry stateside and Spirax Group in the UK.