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US close: Stocks resume December rally
Wall Street stocks resumed their recent rally on Thursday after registering some heavy losses in the previous session.
Broker tips: Frasers Group, Admiral
Shore Capital has reiterated its 'buy' recommendation on Frasers Group after the retail conglomerate purchased loss-making fast fashion group Matches this week.
Director dealings: Big Technologies CFO makes share purchase
Big Technologies revealed on Thursday that chief financial officer Darren Morris had acquired 200,000 ordinary shares in the AIM-listed remote monitoring technology group.
US open: Dow Jones reclaims some of yesterday's losses
Wall Street stocks were in the green early on Thursday after registering some heavy losses in the previous session.
US jobless claims rise by 2,000, remain near two-month low
Americans lined up for unemployment benefits at an accelerated clip in the week ended 16 December but remained near the previous week's two-month low.
US pre-open: Futures trade higher following yesterday’s losses
Wall Street futures were in the green ahead of the bell on Thursday after registering some heavy losses in the previous session.
Berenberg lowers Admiral to 'hold'
Analyst at Berenberg downgraded insurance group Admiral from 'buy' to 'hold' on Thursday but raised its target price on the stock from 2,543. 0p to 2,961. 0p, stating it was now "pausing for breath".
Saudi Telecom to approach Patrick Drahi regarding BT stake
Saudi Telecom may be preparing to approach British Telecom's largest shareholder Patrick Drahi regarding raising its interest in the UK telco.
Swisscom weighing offer for Vodafone's Italian business
Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone's Italian operations early next year, according to Bloomberg, potentially countering a rival bid from Iliad SA.
Warner Bros and Paramount in early merger talks
Warner Bros Discovery and Paramount Global were said to be in early merger talks, a deal that would ring together two of Hollywood's 'Big Five' studios.